Global Blockchain in Aerospace & Defense Market Research Report to 2027 - Rising Demand and a Strong Need to Control Cost in the Airline Industry is Driving Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Oct 27, 2022--

The "Blockchain in Aerospace & Defense Market Research Report by Component (Services and Software Platforms), Application Area, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Blockchain in Aerospace & Defense Market size was estimated at USD 1,909.36 million in 2021, USD 2,732.00 million in 2022, and is projected to grow at a CAGR 43.26% to reach USD 16,506.88 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Blockchain in Aerospace & Defense Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Blockchain in Aerospace & Defense Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Blockchain in Aerospace & Defense Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Blockchain in Aerospace & Defense Market?

4. What is the competitive strategic window for opportunities in the Global Blockchain in Aerospace & Defense Market?

5. What are the technology trends and regulatory frameworks in the Global Blockchain in Aerospace & Defense Market?

6. What is the market share of the leading vendors in the Global Blockchain in Aerospace & Defense Market?

7. What modes and strategic moves are considered suitable for entering the Global Blockchain in Aerospace & Defense Market?

Market Dynamics

Drivers

• With rising demand and a strong need to control the cost in the airline industry
• Need of transparent and secure system to manage highly fragmented distribution channel and track components, luggage, and shipments
• Analytics to improve operational efficiencies and automate repetitive processes and payments
• Penetration of digital technologies such as advanced analytics, robotics, and artificial intelligence in the airline industry

Restraints

• Scalability, governance and cost of usage

Opportunities

• Application in delay compensation and loyalty points

Challenges

• Need to be adopted by all parties of the process ecosystem for potential benefits

Companies Mentioned

• 3IPK
• Accenture plc
• Aeron Labs
• Cryptowerk Corp. Inc.
• Decent Inc.
• Deutsche Lufthansa AG
• KPMG International
• Microsoft Corporation
• ObjectTech Group Ltd
• SITA Laboratories, Inc.
• Winding Tree

For more information about this report visit https://www.researchandmarkets.com/r/cjw7o3

View source version on businesswire.com:https://www.businesswire.com/news/home/20221027005627/en/

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KEYWORD:

INDUSTRY KEYWORD: AEROSPACE MANUFACTURING

SOURCE: Research and Markets

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