DUBLIN--(BUSINESS WIRE)--The "Global Blockchain in the Aerospace & Defence Market (2021-2026) by End Market, Application, Function, Deployment, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Blockchain in Aerospace & Defence Market is estimated to be USD 1.75 Bn in 2021 and is expected to reach USD 6.64 Bn by 2026, growing at a CAGR of 30.55%.
Blockchain technology can help in maintaining a well-connected and transparent supply chain in the Aerospace and Defense industry. Rising demand for Blockchain in supply chain management, penetration of digital technologies such as advanced analytics, robotics, and artificial intelligence in the airline industry, and the need to improve the operational efficiencies and automate the processes are some of the factors attributing to the growth of Blockchain in Aerospace and Defence market. The government has also planned to use technology in military applications, and such initiatives on technology support the development of this market.
However, factors like scalability, governance and cost of usage may hinder the market growth.
The Global Blockchain in the Aerospace & Defence market is categorized into segments like End Market, Application, Function, Deployment, and Geography.
Competitive Quadrant
The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Blockchain in the Aerospace & Defence Market. The information includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.
Market Dynamics
Drivers
- Rising Demand of Blockchain in Supply Chain Management
- Penetration of Digital Technologies Such as Advanced Analytics, Robotics, and Artificial Intelligence, in the Airline Industry
- Need to Improve the Operational Efficiencies and Automate the Processes
Restraints
- Scalability, Governance, and Cost of Usage
Opportunities
- Application in Delay Compensation and Loyalty Points
- Analytics to Improve Operational Efficiencies and Automate Repetitive Processes and Payments
Challenges
- Need of Adoption by all Parties of the Process Ecosystem
- Application in Delay Compensation and Loyalty Points
Companies Mentioned
- Microsoft Corporation
- IBM Corporation
- Zamna Technologies Ltd.
- Aeron Labs
- Winding Tree
- Volantio Inc
- VeriTX Corporation
- Infosys Ltd.
- Insolar Technologies GmbH
- LeewayHertz Technologies
- Moog Inc.
- 3IPK
- Accenture Plc
- Cryptowerk Corp. Inc.
- Decent Inc.
- Deutsche Lufthansa AG
- KPMG International
- ObjectTech Group Ltd.
- SITA Laboratories Inc.
For more information about this report visit https://www.researchandmarkets.com/r/quia9a
