Aviation Blockchain Market to Eyewitness Massive Growth by 2025: Microsoft, IBM, Filament – Cheshire Media


Latest study released by AMA Research on  Global Aviation Blockchain Market research with more than 100 market data tables and figures spread through Pages are easy to understand TOC in “Global Aviation Blockchain Market research”, so you can get a variety of ways to maximize your profits. Aviation Blockchain Market predicted until 2025 *.

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Blockchain is a special type of distributed ledger in which the data is collated into “blocks” before being added to the shared database, and the blocks combine to form a single sequential chain. In the aviation sector, Blockchain is used to provide reliability, convenience, transparency, and validation benefits. Blockchain in aviation helps to maintain and records data so that multiple stakeholders can confidently share mutual access. It operates by recording and storing every transaction across the peer-to-peer network in a cryptographically-linked block structure that is replicated across network participants. Blockchain enables multiple stakeholders to operate from a single, shared, mutualized data ledger, eliminating the need for separate record-keeping and reconciliation. The Blockchain contains a record of all transactions and data recorded in the chain from its inception. According to Air Transport IT Insights published by SITA Groups in 2018, 34% of airports are planning Blockchain research and development programs by 2021. One area in which airports see Blockchain potential is the ability to help improve passenger identification processes, in part by reducing the need for multiple ID checks. This growing adoption of Blockchain in aviation will rapidly drive the market growth in upcoming years. According to AMA, the Global Aviation Blockchain market is expected to see growth rate of 23.18%.

Competitive Analysis:
Leading companies are focusing on innovation in production technology to improve efficiency and shelf life to overcome COVID19 Outbreak Impact. The best long-term growth opportunities in this sector can be captured by ensuring financial flexibility to invest in continuous process improvement and optimal strategies. Company profile sections such as Microsoft Corporation (United States), IBM Corporation (United States), Zamna Technologies (United Kingdom), Aeron Labs (Belize), Winding Tree (Switzerland), Volantio Inc (United States), Filament (United States), Infosys (India), Insolar Technologies (Switzerland), Leewayhertz Technologies (United States), Moog Inc. (United States), Deloitte (United States), Avinoc LTD (Hong Kong) and Leewayhertz Technologies (United States) include legal names, websites, headquarters, market locations, historical background and market information (including market cap / sales and contact information) And other basic information. Each player / manufacturer revenue figure, growth rate, and gross margin are provided in an easy-to-understand table format over the past five years and are provided as separate sections for recent developments such as mergers, acquisitions, or launch of new products / services.

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Research objectives:

  • Post COVID Analysis on growth & market size (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To study and analyze the Global Aviation Blockchain Market size by key regions/countries, product type and application, history data from 2019 to 2025, and forecast to 2025.
  • To understand the structure of Aviation Blockchain Market by identifying its various sub segments.
  • Focuses on the key Global Aviation Blockchain Market players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Aviation Blockchain Market with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market to better understand Pre and Post COVID scenario.


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Growth Drivers

  • Robust Cryptographic Techniques enables Greater Certainty of Data Quality
  • Reduced Costs and Transactional Complexities
  • Distributed and Stability Benefit

 

Market Trends

  • Companies Integrating Blockchain Technology in Aerospace Industry

 

Roadblocks

  • Reluctance of Ecosystem Players to Adopt Blockchain in Aviation

 

Opportunities

  • Streamline The Earning, Spending, Accounting and Reconciliation Of Frequent Flyer Points
  • Tracking of the Status and Location of Valuable Assets such as Passenger Bags, Cargo, and Aircraft Spare Parts
  • Passenger and Crew Identity Management

 

Challenges

  • Data Modification is a Difficult Task
  • Blockchain Can Grow Very Large Over Time Requiring More Storage Space

 

Report Metric Details
Market size available for years 2018–2027
Base year considered 2019
Forecast period 2020-2027
Forecast units Value (USD Million)
Market Segmentation by Application (Passenger-Focused and Ticket Sales (Passenger Identity Information,, Passenger Loyalty Programs, Blockchain Registers of Flights & Ticket), Aircraft Ownership and Financing, Cabin Crew, Aircraft Parts and Subsystems (Parts Tracking, Registers of Aircraft Parts and Subsystems, and Aircraft Parts and Subsystems Service Histories)), Function (Record-Keeping, Transactions), Platform (Manufacturers, MRO Service Providers, Airline Company, Customer, Flight Auditor, Buyer), Aviation Blockchain Type (Public, Private, Hybrid), Components (Database, Permissioned Blockchain, Smart Contract, Public Blockchain, Supply Chain Management)
Geographies covered North America, Europe, Asia Pacific, Middle East & Africa, and South America
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Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Research Parameter/ Research Methodology
Primary Research:
Key sources are industry professionals in the Global Aviation Blockchain industry, including management organizations, processing organizations, and analytics service providers that manage the value chain of industry organizations. As survey are restricted due to lockdown worldwide, out team of Analyst are collecting and certifying qualitative and quantitative information through extensive primary research process via LinkedIn, Email communication, Survey Monkey and Industry forum to acquire relevant information  from industry experts such as CEOs, vice presidents, directors, technology and innovation experts, founders and key executives from several of the industry’s leading Global Aviation Blockchain companies and organizations.

Secondary Research:
Secondary research studies critical information about the industrial value chain, core pool of people, and applications. We also helped market segmentation and key information with the help of Annual reports, press releases, analyst & conference call transcripts.

In this study, the years considered to estimate the market size of Global Aviation Blockchain are as follows:
History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2027


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Strategic Points Covered in Table of Content of Global Aviation Blockchain Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Aviation Blockchain market

Chapter 2: Exclusive Summary – the basic information of the Aviation Blockchain Market.

Chapter 3: Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Aviation Blockchain; Post COVID Scenario

Chapter 4: Presenting the Aviation Blockchain Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2014-2019

Chapter 6: Evaluating the leading manufacturers of the Aviation Blockchain market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

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Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2020-2025)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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**Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.

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