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Blockchain Press Releases

Autonomous Navigation Market worth $12.9 billion by 2028 – Exclusive Report by MarketsandMarkets™

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CHICAGO, June 30, 2023 /PRNewswire/ — The Autonomous navigation market is estimated to be USD 6.0 billion in 2023 and is projected to reach USD 12.9 billion by 2028, at a CAGR of 16.4% during the forecast period according to a new report by MarketsandMarkets™. The rising adoption of autonomous robots for logistic operations and Growing efforts aimed at advancing autonomous systems are driving the growth of the autonomous navigation market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=206053964

Browse in-depth TOC on “Autonomous Navigation Market” 
213 – Tables
50 – Figures
220 – Pages

Autonomous Navigation Market Report Scope:

Report Coverage

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Details

Market Revenue in 2023

$6.0 billion

Estimated Value by 2030

$12.9 billion

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Growth Rate

Poised to grow at a CAGR of 16.4%

Market Size Available for

2019–2028

Forecast Period

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2023–2030

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

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Segments Covered

By Solution, Platform, Application and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

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Unclear regulatory framework for autonomous systems use

Key Market Opportunities

Increasing adoption of 5G and AI

Key Market Drivers

Improved safety and efficiency with autonomous navigation technology

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Based on the platform, the land segment is estimated to have the highest CAGR during the forecast period.

The land is projected to grow at the highest CAGR in the autonomous navigation market during the forecasted period. The land platform segment includes autonomous cars and autonomous trains. There are huge investments being made in commercial autonomous cars by major car manufacturers such as BMW, Ford, Tesla, and Google’s self-driving division Waymo. Autonomous military vehicles are expected to play a significant role in the land segment, as various countries are deploying efficient land robots for border security and battlefield engagements, as well as to tackle terrorist attacks. There is increased adoption of military robots, which can be attributed to the increased acts of terrorism, among other factors.

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

Based on the solution, the software segment is projected to have the highest CAGR in the autonomous navigation industry during the forecasted period. The field of autonomous navigation has witnessed remarkable software growth, reshaping industries like transportation, robotics, and drones. Cutting-edge algorithms for perception, planning, and control have unlocked precise localization, obstacle avoidance, and optimized route planning. Exciting prospects lie ahead as software-driven autonomous navigation systems pave the way for a transformative era of mobility.

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Based on region, the Middle East segment is estimated to have the second highest CAGR during the forecast period.

The Middle East region is projected to grow at the second highest CAGR during the forecast period. Autonomous navigation has experienced substantial growth in the Middle East, as the region has made notable strides in sectors like transportation, logistics, and defense. By investing in autonomous technologies, fostering research collaborations, and developing infrastructure, the Middle East has stimulated innovation and accelerated the utilization of self-driving vehicles and unmanned systems across diverse applications.

Major players operating in the autonomous navigation companies are Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Thales Group (France), Safran SA (France), Honeywell International Inc. (US) among others. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, Asia Pacific, the Middle East, 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.

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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:
Mr. Aashish Mehra

MarketsandMarkets™ INC.
630 Dundee Road
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USA: +1-888-600-6441
Email: [email protected]
Visit Our Web Site: https://www.marketsandmarkets.com/
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Blockchain Press Releases

BTC Puts at 2023 Crisis Levels Amidst Tariff Storm: New Bybit x Block Scholes Crypto Derivatives Report

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DUBAI, UAE, April 15, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released a new weekly crypto derivatives analytics report in collaboration with Block Scholes, outlining crypto’s attempt to resist broader macroeconomic headwinds as the Trump administration announced new decrees in the ongoing trade war. Bearish signs dampened faith in crypto, with OTM puts dominating short-term BTC volatility at a more pressing level than the US financial crisis in Q1 2023. The trend was eased by the 90-day pause, which led to a global market rally.

Key Highlights:

  • BTC Open Interest Impaired by Tariff-Induced Turmoil: Bybit data showed relative stability in the context of a global risk-on event. The flow was disrupted on “Liberation Day”, following which BTC and ETH did not escape the fate of other assets and both suffered dramatic declines from their March highs.
  • Funding Rates Clinging to Neutrality: Data captured a short-lived positive trend in funding rates on Bybit in the report, which trended down after traders sensed a period of uncertainty in economic and trade policies. Treading the fine line between positive and negative headlines, BTC’s perpetual swap market has been lacking overall directional sentiments.
  • An Open Interest Remains Firm: BTC plunged to $75K following Trump’s initial “declaration of war” in tariffs, triggering a defensive options strategy shift. Put trading outpaced calls as investors sought protection, while US counter-tariffs inverted the volatility curve—a condition that persists despite some recovery. The current put skew exceeds levels seen during the 2023 banking crisis, with surging interest signaling widespread pessimism.

Access the Full Report

For detailed insights, readers may download the full report.

#Bybit / #TheCryptoArk /#BybitResearch

About Bybit

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Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
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Blockchain Press Releases

MEXC Sees 170% Surge in Trading Volume Amid Zero-Fee Campaign

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VICTORIA, Seychelles, April 15, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has reported a notable increase in trading activity following the launch of its Zero-Fee Trading Campaign in the first quarter of 2025. The program aimed to remove fees from particular futures trading pairs while simultaneously boosting user interaction and substantial growth throughout essential platform metrics.

During the first three months of the year, the platform witnessed an increase of 17.8% in monthly active traders and a 170.2% surge in trading volume, driven by the introduction of popular trading pairs such as SOL/USDT, HYPE/USDT, and S/USDT. These listings matched user preferences and overall market trends, reinforcing MEXC’s position as a leader in both exchange performance and liquidity depth.

Top Performing Pairs: SOL/USDT and ADA/USDT

The campaign’s most active trading pairs included SOL/USDT together with DOGE/USDT, ADA/USDT, TRUMPOFFICIAL/USDT and SUI/USDT.

SOL/USDT achieved the highest trading volume increase of 185.62%, comprising 19% of total futures trading volume and becoming the leading pair of the quarter. ADA/USDT showed outstanding growth through a 369.44% increase in trading volume accompanied by a 393.05% increase in daily average share, highlighting the effectiveness of zero fees in boosting interest for promising assets.

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Market Share Growth: Dominance in Key Trading Pairs

In terms of market share growth, AIXBT/USDT led the rankings with a 331% increase, followed by DOGE/USDT (+283%) and SOL/USDT (+209%). Notably, DOGE/USDT and SOL/USDT achieved the highest market share in their categories on CoinMarketCap, at 30.5% and 30.3%, respectively. ADA/USDT followed with a 20.6% share, securing second place in its category, while HYPE/USDT posted a 165% increase in market share.

  • AIXBT/USDT (+331%)
  • DOGE/USDT (+283%)
  • SOL/USDT (+209%)
  • ADA/USDT (+186%)
  • HYPE/USDT (+165%)

A Breakthrough in Campaign Performance and Exchange Leadership

During Q1 2025, the Zero Trading Fee Campaign established MEXC as a leading force behind market volume and activity for both well-known and up-and-coming tokens. MEXC achieved wider trader participation and increased liquidity by eliminating fees on popular trading pairs.

The campaign’s success is attributed to precise timing, well-chosen trading pairs, and a clear, simplified fee structure — rather than external incentives or large-scale marketing. These results suggest that subtle adjustments to cost structures can have an outsized impact on user engagement and trading dynamics.

MEXC continues to evaluate the results of the initiative and explore further opportunities to enhance user experience in the upcoming quarters.

About MEXC

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Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

For more information, visit: MEXC WebsiteXTelegramHow to Sign Up on MEXC

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Blockchain Press Releases

MEXC Lists WalletConnect (WCT) with Airdrop+ Event Offering 273,000 WCT & 50,000 USDT in Rewards

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VICTORIA, Seychelles, April 15, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced it will list WalletConnect Network (WCT) on April 15, 2025 (UTC), accompanied by Airdrop+ rewards totaling 273,000 WCT and 50,000 USDT for users.

WalletConnect is a leading network enabling seamless on-chain user experiences. As the backbone for wallet-to-DApp communication across blockchains like Ethereum, Solana, and Cosmos, it facilitates secure interactions without requiring users to switch wallets. With over 275 million connections and 45 million users worldwide, WalletConnect empowers users to engage with DeFi, NFTs, swaps, and staking applications through a unified interface. This infrastructure drives Web3 innovation by bridging wallets, applications, and blockchains effortlessly.

$WCT is the native token of WalletConnect, used for network incentives, governance, and transaction fees. It also supports validator staking rewards and decentralized decision-making. By staking $WCT, holders contribute to network security and protocol upgrades, ensuring a decentralized, permissionless, and community-driven ecosystem.

To celebrate the official listing of WalletConnect (WCT) on MEXC, MEXC is launching a limited-time Airdrop+ Event, open to both new and existing users.

Event Period:

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April 9, 2025, 10:00 – April 25, 2025, 10:00 (UTC)

Here are the key benefits of the event:

Benefit 1: Deposit and share 195,000 WCT (Exclusive for new users)

Benefit 2: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (Open to all users)

Benefit 3: Invite new users and share 78,000 WCT (Open to all users)

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For full event details and participation rules, please visit here.

MEXC has established itself as an industry leader by consistently providing users with early access to promising crypto projects. In 2024, MEXC introduced 2,376 new tokens, with 1,716 initial listings. According to the latest TokenInsight report, from November 1, 2024, to February 15, 2025, MEXC led the industry with an impressive 461 spot listings. Additionally, during the bi-weekly periods, MEXC maintained a high listing frequency, consistently ranking among the top six exchanges and demonstrating its ability to capture market trends quickly. MEXC will continue to innovate and expand its offerings, providing users with the best opportunities in the ever-evolving crypto space.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website X Telegram |How to Sign Up on MEXC

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Risk Disclaimer:

The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

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