Blockchain in Aerospace & Defense

Blockchain in Aerospace & Defense Market by Component (Services, Software Platforms), Application Area (Certifications, Digital ID, Provenance) - Global Forecast 2024-2030

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[191 Pages Report] The Blockchain in Aerospace & Defense Market size was estimated at USD 3.27 billion in 2023 and expected to reach USD 4.65 billion in 2024, at a CAGR 46.44% to reach USD 47.29 billion by 2030.

Blockchain in Aerospace & Defense Market
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Blockchain in Aerospace & Defense Market - Global Forecast 2024-2030
To learn more about this report, request a free PDF copy
FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Blockchain in Aerospace & Defense Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Blockchain in Aerospace & Defense Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Blockchain in Aerospace & Defense Market, highlighting leading vendors and their innovative profiles. These include 3IPK, Accenture plc, Aeron Labs, Block Aero Technologies Holdings Inc, Cryptowerk Corp., Deutsche Lufthansa AG, Guardtime, Infosys Limited, International Business Machines Corporation, KPMG International, Microsoft Corporation, Oracle Corporation, SIMBA Chain Inc., SITA Aero, and Winding Tree.

Market Segmentation & Coverage

This research report categorizes the Blockchain in Aerospace & Defense Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Component
    • Services
    • Software Platforms
  • Application Area
    • Certifications
    • Digital ID
    • Provenance
    • Smart Contracts
    • Tokenization

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Blockchain in Aerospace & Defense Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Blockchain in Aerospace & Defense Market?
  3. What are the technology trends and regulatory frameworks in the Blockchain in Aerospace & Defense Market?
  4. What is the market share of the leading vendors in the Blockchain in Aerospace & Defense Market?
  5. Which modes and strategic moves are suitable for entering the Blockchain in Aerospace & Defense Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Blockchain in Aerospace & Defense Market, by Component
  7. Blockchain in Aerospace & Defense Market, by Application Area
  8. Americas Blockchain in Aerospace & Defense Market
  9. Asia-Pacific Blockchain in Aerospace & Defense Market
  10. Europe, Middle East & Africa Blockchain in Aerospace & Defense Market
  11. Competitive Landscape
  12. Competitive Portfolio
  13. List of Figures [Total: 20]
  14. List of Tables [Total: 198]
  15. List of Companies Mentioned [Total: 15]
The profound potential of blockchain in the aerospace & defense sector
June 25, 2023
INSIGHT
The profound potential of blockchain in the aerospace & defense sector
Blockchain has eyed the aerospace & defense industry for supply chain provenance, cyber security, and overall risk mitigation to give armed forces an advantage on the battlefield.

China, Australia, Brazil, and the U.S. have thrived the investments in blockchain technology deployment, and studies over the past years have found their utility in the aerospace industry.

Blockchain solutions have been pursued by the U.S. Department of Homeland Security (DHS) since 2016, and it has also introduced a contract focused on enhancing the security of Internet-of-things devices through its project, “Blockchain Software to Prove Integrity of Captured Data from Border Devices."

Aerospace publications in these countries have consistently proclaimed that blockchain technology will provide the industry to strengthen information access about the location, availability, and authenticity of parts and maintenance and quality certifications.

Blockchain’s ability to manage the distribution of funds for intelligence operations, protect personnel and weapons life-cycle data from cyber-attacks, and make logistics safer is building a substantial interest in their utilization within the global defense industry.

Civil aerospace has been the initiator of blockchain in the global aviation arena. The IATA Digital Certification Authority (DCA), Digital Finance initiative, and Travel Grid concept of the commercial aviation space significantly leverage Blockchain technology.

As much as the future of blockchain in aerospace & defense depends on new technology integrations, the industry looks forward to ecosystem agreement, collaboration, and enablement with technology providers to drive the adoption of blockchain. 

Frequently Asked Questions
  1. How big is the Blockchain in Aerospace & Defense Market?
    Ans. The Global Blockchain in Aerospace & Defense Market size was estimated at USD 3.27 billion in 2023 and expected to reach USD 4.65 billion in 2024.
  2. What is the Blockchain in Aerospace & Defense Market growth?
    Ans. The Global Blockchain in Aerospace & Defense Market to grow USD 47.29 billion by 2030, at a CAGR of 46.44%
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