Global Industry Analysts Predicts the World Aviation Blockchain Market to Reach $1.4 Billion by 2026

SAN FRANCISCO , June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Aviation Blockchain - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

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Edition: 6; Released: January 2022
Executive Pool: 644
Companies: 36 - Players covered include 14bis Supply Tracking (Safeflights Inc.); Aeron Labs; Avinoc LTD; Credits.Com Pte. LTD.; Filament; IBM; Infosys; Insolar Technologies; Leewayhertz Technologies; Microsoft Corporation and Others.
Coverage: All major geographies and key segments
Segments: Function (Transactions, Record Keeping); Application (Passenger Identity Management, Cargo & Baggage Tracking, Flight & Crew Data Management, Supply Chain Management, Other Applications); End-Use (Airports, Airlines, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Aviation Blockchain Market to Reach $1.4 Billion by 2026
Amid the COVID-19 crisis, the global market for Aviation Blockchain estimated at US$497.4 Million, is projected to reach a revised size of US$1.4 Billion by 2026, growing at a CAGR of 18.8% over the analysis period. Hybrid, one of the segments analyzed in the report, is projected to record a 17.6% CAGR and reach US$655.8 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Public segment is readjusted to a revised 20.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $182.8 Million in 2021, While China is Forecast to Reach $253.3 Million by 2026
The Aviation Blockchain market in the U.S. is estimated at US$182.8 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$253.3 Million by the year 2026 trailing a CAGR of 18.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.7% and 16% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 13.2% CAGR.

Private Segment to Reach US$347.3 Million by the year 2026
In the global Private segment, USA, Canada, Japan, China and Europe will drive the 18.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$98.7 Million will reach a projected size of US$322.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.