Automotive Blockchain Market Growth Analysis By Size, Share, News, Demand, Opportunity During 2020-2030

The global market for automotive blockchain is projected to grow with a CAGR of 31.1% during the forecast period from 2020-2030 and is estimated to reach $6.1 billion by 2030. The major drivers of growth for this market are increasing number of connected cars, increasing focus on reducing manipulation of data, the need for faster business transactions, better quality control, and technology advancement along with investment in R&D. The main drivers of development for the automotive blockchain industry are the advantages that blockchain technology offers such as real-time surveillance, auditability,…

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