Blockchain Press Releases

Urban Air Mobility Market worth $28.5 billion by 2030 – Exclusive Report by MarketsandMarkets™

Published

1 year ago

June 22, 2023

CHICAGO, June 22, 2023 /PRNewswire/ — The urban air mobility market is estimated to be USD 3.8 billion in 2023 to USD 28.5 billion by 2030, at a CAGR of 33.5% from 2023 to 2030 according to a new report by MarketsandMarkets™. The increasing demand for fast and effective transportation, increasing the need for sustainable development are driving the growth of the urban air mobility market.

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Browse in-depth TOC on “Urban Air Mobility Market”

277 – Tables
49 – Figures
295 – Pages

Urban Air Mobility Market Report Scope:

Report Coverage	Details
Market Revenue in 2023	$3.8 billion
Estimated Value by 2030 Advertisement	$28.5 billion
Growth Rate	Poised to grow at a CAGR of 33.5%
Market Size Available for	2020–2030 Advertisement
Forecast Period	2023–2030
Forecast Units	Value (USD Million/Billion)
Report Coverage Advertisement	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Solution, Mobility Type, Platform Operation, Range, Platform Architecture, End User, Region
Geographies Covered	North America, Europe, Asia Pacific, and Rest of World Advertisement
Key Market Challenge	Lack of skilled labor
Key Market Opportunities	Need for sustainable development
Key Market Drivers Advertisement	Need for fast and effective transportation

Based on solution, the infrastructures segment is estimated to have the highest CAGR during the forecast period.

The infrastructure segment is projected to grow at the highest CAGR in the urban air mobility industry during the forecast period. The UAM infrastructure is experiencing significant expansion as numerous cities worldwide are dedicating resources to establish vertiports, designated areas for air taxis, and eVTOL aircraft to take off and land. These vertiports necessitate specialized amenities like charging stations, landing pads, and passenger facilities. Additionally, the development of airspace management systems is crucial for ensuring safe and efficient operations. The rapid growth of UAM infrastructure is fueled by the rising demand for sustainable transportation options, offering potential benefits such as decreased congestion and enhanced urban mobility.

Based on platform operations, the autonomous segment is estimated to have the highest CAGR in the forecasted period.

The autonomous segment is projected to grow at the highest CAGR in the urban air mobility market during the forecast period. Autonomous aircraft have emerged as efficient and secure transportation solutions, alleviated urban congestion and enhanced accessibility. Through recent technological advancements, these aircraft can autonomously navigate airspace and execute smooth take-offs and landings, ensuring seamless and dependable transportation options. As regulations and infrastructure continue to evolve, the utilization of autonomous aircraft in UAM is expected to expand further, reshaping the urban transportation landscape.

Based on end users, the ridesharing companies’ segment is estimated to have the highest CAGR in the forecasted period.

The ridesharing companies’ segment is projected to grow at the highest CAGR in the urban air mobility market during the forecast period. With the use of vertical takeoff and landing (VTOL) aircraft or drones, ride-sharing companies provide convenient and time-saving aerial transportation options. The growth of ride-sharing companies within the UAM ecosystem is revolutionizing urban mobility, paving the way for a future where flying taxis and on-demand aerial transportation.

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Based on region, the North America segment is estimated to have the highest CAGR and largest share during the forecast period.

The North American region is projected to grow at the highest CAGR and largest share during the forecast period. Various technological advancements, increased demand for efficient transportation, and government support have propelled the expansion of urban air mobility in this region. North America has attracted several established aerospace companies and innovative startups to transform urban air mobility.

The UAM market in North America is also driven by a wide array of applications, including air taxis, cargo delivery, and emergency services. This growth is expected to bring about a transformative shift in urban mobility, revolutionizing the future of transportation in the region.

Major players operating in the urban air mobility companies are Textron Inc. (US), Wisk Aero LLC (US), Airo Group Holdings, Inc. (US), Wingcopter GmbH (Germany), and Vertical Aerospace (UK), among others. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, Asia Pacific, Latin America, and Rest of the World.

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About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
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MarketsandMarkets™ INC.
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USA: +1-888-600-6441
Email: [email protected]
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Blockchain Press Releases

Bybit Card Now Available on Apple Pay in Brazil

Published

2 hours ago

December 9, 2024

CISION (PR Newswire)

bybit-card-now-available-on-apple-pay-in-brazil

DUBAI, UAE, Dec. 9, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has further enhanced the digital payment experience for Bybit Card holders. Starting now, users in Brazil can now add their Bybit Card to their Apple Pay and make secure payments in seconds using Apple Pay’s built-in safeguards.

Since its launch in Sep. 2024, the Bybit Card recorded a 342% growth in user base in Brazil in less than a quarter. With among the highest crypto adoption rates in the world, Brazil is home to a vibrant crypto economy with growing demands for mature crypto on and off-ramp solutions.

Combining Bybit’s advanced crypto offerings and rewards, the Mastercard network’s global connectivity, and now Apple Pay’s added layers of safety and privacy standards, the Bybit Card offers a seamless and borderless crypto payment experience for Brazilian users, enabling contactless payments purchases in-store, in-app and online across Apple devices.

To set up the Bybit Card on Apple Pay, users may simply add the card to their personal Apple Wallet and access the crypto payment convenience wherever they are with their mobile devices.

The Apple Pay integration allows Bybit Card users to pay with and purchase crypto, bridging mainstream cryptocurrencies with over dozens of fiat currencies at competitive rates. This secure and convenient option incorporates the use of Apple’s Face ID, Touch ID, or passcodes alongside dynamic security codes for authentication. Valued for its safety, Apple Pay works through unique Device Account Numbers encrypted and stored in a Secure Element chip, keeping card details private and safe.

Loaded with regular cashback, flash rewards and other benefits, the Bybit Card offers a competitive option for crypto payment for everyday spendings:

Zero fees for card issuance and delivery
Zero annual or hidden fees
2-10% cashback in USDT, BTC and ETH on eligible purchases
Up to 8% APY
Instant virtual and physical card for immediate access to funds

The welcome offer for Bybit Card remains available for users in Brazil: Deposit 100 USDT, Unlock 150 BRL!

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

Bybit Unveils Exclusive Rewards for Crypto Deposits via BCB, ZEN or BLIK

Published

2 hours ago

December 9, 2024

CISION (PR Newswire)

bybit-unveils-exclusive-rewards-for-crypto-deposits-via-bcb,-zen-or-blik

DUBAI, UAE, Dec. 9, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has unlocked new perks for users in a rewarding year-end campaign. From now to Jan. 4, 2025, Bybit users may be entitled to cashback benefits by making a deposit using BCB, ZEN or BLIK on Bybit Fiat Deposit or One-Click Buy.

Offering eligible users 5 USDT in coupons, the event takes two simple steps: sign up for the event and make a deposit using BCB, ZEN or BLIK:

New User Exclusive: Eligible users may make a first-time deposit valued at $100 or more via Bybit Fiat Deposit or One-Click Buy using any of the three channels to qualify.
Existing User Perk: To qualify, current users must register for the event and deposit an equivalent to $500 via one of the three channels.

The coupons are distributed on a first come, first serve basis. Restrictions apply.

“The diversification of tools and access in the crypto ecosystem benefits our users and fosters healthy competition. We are committed to improving the quality and the ease of access to crypto across the industry, while crafting a rewarding experience for our users who log in daily to look after their digital assets,” said Joan Han, Sales and Marketing Director at Bybit.

Crypto adoption has been growing at a record high rate in the recent rally as more and more investors normalize diversification with digital assets. Bybit is constantly expanding its offerings and on and off-ramp experience, integrating reliable payment solutions to meet users’ diverse demands for user experiences and competitive spreads.

With Fiat Deposits and a variety of crypto trading products and services, Bybit helps plug the gap between fiat currencies and crypto investments for users with its intuitive platform, high security standards, and rewards all year round.

#Bybit / #TheCryptoArk

About Bybit

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected]

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

Apple Pay Supported: Bybit Card Argentina Elevates Payment Experience

Published

2 hours ago

December 9, 2024

CISION (PR Newswire)

apple-pay-supported:-bybit-card-argentina-elevates-payment-experience

DUBAI, UAE, Dec. 9, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has brought the Bybit Card to Apple Pay for users in Argentina. Starting now, the Bybit Card can be added to Apple Pay profiles for card holders in Argentina and used across their Apple devices.

A registered virtual asset service provider and card operator in Argentina, Bybit’s Argentinian entity commenced its rapid expansion in the second largest economy in South America in Apr. 2024. Offering a wide array of services for users, Bybit has been adding new features and benefits to the growing Bybit Card community in Argentina. The Card was adopted by the majority of Bybit users in Argentina within the first two months of the virtual card launch, with more embracing its full range of capabilities on Google Pay, Apple Pay, and the physical card.

Leveraging Apple Pay’s advanced security and privacy enhancing features, the new Bybit Card function makes contactless and instant crypto payment a frictionless experience whether they are purchasing online or in-store. Trusted for its safety guardrails, Apple Pay incorporates state-of-the-art verification and authentication solutions including dynamic encryption and biometrics linked to user profiles. The increasing availability of contactless payment options also makes it a convenient choice for daily purchases.

Setting up the Bybit Card in Apple Pay takes just a few minutes, and paying takes seconds, simplifying transactions seamlessly across iPhone, iPad, and Mac. Bybit Card users in Argentina now get to spend in style with Mastercard’s global network, Bybit’s diverse crypto offerings, and now the added layer of accessibility and security brought by Apple Pay.

Reinventing the crypto experience in all aspects of users’ digital asset journey, Bybit is committed to curating a rewarding experience for Bybit Card holders in Argentina:

Zero fees for card issuance and delivery
Zero annual or hidden fees
2-10% cashback in USDT, BTC and ETH on eligible purchases
Up to 8% APY
Instant virtual and physical card for immediate access to funds

Application for the physical card is open for Bybit Card Argentina and applicants may be eligible for the Argentina-exclusive welcome offer until Dec. 31, 2024.

#Bybit / #TheCryptoArk

About Bybit

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected]

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

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View original content:https://www.prnewswire.co.uk/news-releases/apple-pay-supported-bybit-card-argentina-elevates-payment-experience-302326177.html

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