Blockchain Press Releases
Vertiports Market worth $10.7 billion by 2030 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 20, 2023 /PRNewswire/ — The vertiports market is estimated to be USD 0.4 billion in 2023 to USD 10.7 billion by 2030, at a CAGR of 62.1% from 2023 to 2030 according to a new report by MarketsandMarkets™. The growing technological advancements and smart city initiatives are driving the growth of the vertiports market.
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Browse in-depth TOC on “Vertiports Market”
187 – Tables
39 – Figures
195 – Pages
Vertiports Market Report Scope:
|
Report Coverage |
Details |
|
Market Revenue in 2023 |
$0.4 billion |
|
Estimated Value by 2030 |
$10.7 billion |
|
Growth Rate |
Poised to grow at a CAGR of 62.1% |
|
Market Size Available for |
2020–2030 |
|
Forecast Period |
2023–2030 |
|
Forecast Units |
Value (USD Million/Billion) |
|
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
|
Segments Covered |
By Type, Solution, Landscape, Location, Topology and Region |
|
Geographies Covered |
North America, Europe, Asia Pacific, and Rest of World |
|
Key Market Challenge |
Limited regulatory framework |
|
Key Market Opportunities |
Growing opportunities for infrastructure providers |
|
Key Market Drivers |
Growing technological advancements to develop vertiports |
Based on solution, the charging stations segment is estimated to have the highest CAGR during the forecast period.
The charging stations segment is projected to grow at the highest CAGR in the vertiports market during the forecast period. The AAM 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. This, in turn, is driving the need for specialized amenities like charging stations, landing pads, and passenger facilities. The rapid growth of charging stations is fueled by the rising demand for sustainable transportation solutions, the need to support the expansion of electric AAM vehicle operations and enhanced urban mobility.
Based on location, the rooftop/elevated segment is estimated to have the highest CAGR in the forecasted period.
The rooftop/elevated segment is projected to grow at the highest CAGR in the vertiports industry during the forecast period. These vertiports offer an innovative solution for advanced air mobility by utilizing existing infrastructure in densely populated areas. They provide a convenient and space-efficient location for eVTOL operations, reducing the need for extensive ground space. The driving factors behind the rooftop/elevated vertiports segment are the increasing demand for efficient urban transportation, advancements in eVTOL technology, and the scarcity of available land for constructing traditional vertiports.
Based on type, the vertipads segment is estimated to have the highest CAGR and largest share during the forecast period.
The vertipads segment is projected to grow at the highest CAGR and largest share during the forecast period. The vertipads segment is being propelled by various driving factors. One significant factor is the rising demand for efficient and eco-friendly transportation solutions, particularly in urban areas. Vertipads serve as crucial platforms for vertical takeoff and landing (VTOL) aircraft, enabling convenient and swift aerial mobility within cities. Moreover, continuous advancements in VTOL technology and electric aviation are further propelling the growth of vertipads.
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Based on regions, the North America segment is estimated to have the largest share in 2023.
The North American region is projected to have the largest share in the vertiports market in 2023. Various technological advancements, increased demand for efficient transportation, and government support have propelled the expansion of vertiports in this region. North America has attracted several established aerospace companies and innovative startups to transform advanced air mobility.
The vertiports 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 air mobility, revolutionizing the future of transportation in the region.
Major players operating in the vertiports companies are Bayards Vertiport Solutions (Netherlands), Vports (Canada), Skyportz (Australia), Skyways (US), and Volatus Infratsructure LLC (US), 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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A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.
Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
Blockchain
Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak
Johann Polecsak argues that existing blockchains face significant challenges in adopting post-quantum cryptography without causing substantial disruption to users. This assessment highlights the complex and multifaceted nature of transitioning to new cryptographic standards in blockchain networks.
Post-quantum cryptography refers to cryptographic algorithms that are resistant to attacks from quantum computers, which have the potential to break traditional cryptographic schemes. While post-quantum cryptography offers enhanced security, implementing it in existing blockchain networks poses technical, operational, and usability challenges.
Polecsak suggests that transitioning to post-quantum cryptography could require significant changes to blockchain protocols, consensus mechanisms, and user interfaces. These changes may disrupt existing workflows, require modifications to software and hardware infrastructure, and necessitate coordination among network participants.
Furthermore, Polecsak emphasizes the importance of ensuring backward compatibility and interoperability during the transition to post-quantum cryptography. This is crucial to prevent fragmentation of the blockchain ecosystem and maintain continuity for users and applications.
Polecsak’s assessment underscores the complexities and trade-offs involved in adopting post-quantum cryptography in existing blockchain networks. While the transition promises improved security against quantum threats, it requires careful planning, coordination, and investment to minimize disruption and ensure a smooth transition for users and stakeholders. As the field of post-quantum cryptography continues to evolve, blockchain projects will need to carefully evaluate their options and strategies for implementing these new cryptographic standards.
Source: news.bitcoin.com
The post Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak appeared first on HIPTHER Alerts.
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