Blockchain
Blockchain in Automotive and Aerospace & Aviation Market to Reach $20.62 Billion by 2029
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According to the new market intelligence report by BIS Research, titled “Blockchain in Automotive and Aerospace & Aviation Market – Analysis and Forecast, 2019-2029“, the blockchain in automotive and aerospace & aviation market was $138.0 million in 2018 and is projected to reach $20.62 billion by 2029, growing at a CAGR of 60.35% during the forecast period. Factors such transparency and removal of risk of fraud, reduced transaction cost, and fast transaction of settlements, and the establishment of consortiums and associations are expected to drive the market for blockchain in automotive and aerospace & aviation market during the forecast period, 2019-2029.
Browse 31 Market Data Tables and 121 Figures spread through 208 Pages and in-depth TOC on “Blockchain in Automotive and Aerospace & Aviation Market“
Blockchain technology is a decentralized distributed ledger that allows information to be recorded, secured, maintained, and shared among the participating members without a governing authority. It presents an innovative approach for managing data and executing transactions with accuracy, safety, and reliability. The automotive industry is going through a digitalization era, which has not only transformed the operational mode of original equipment manufacturers (OEMs) and suppliers but also changed their business models and competitive landscape.
It has become imperative for automotive stakeholders to be proactive toward the implementation of disruptive technologies within their business processes. Blockchain technology is undoubtedly going to be a highly integral part of the connected mobility and smart infrastructure ecosystem. Blockchain thus presents the promise to transform a host of industries by making processes more autonomous, secure, transparent, and efficient. Innovators, entrepreneurs, established companies, and investors, are all acknowledging the vast potential of this futuristic technology.
The ongoing changes in the industry have led the study to incorporate a detailed chapter on the market dynamics including the key driving and restraining forces, along with the opportunities for the blockchain in automotive and aerospace & aviation market during the forecast period. The market numbers play an important role in the industry, following which proper market sizing and estimation by application, type, and geographical location have been undertaken for the study.
BIS Research Report: https://bisresearch.com/industry-report/blockchain-in-automotive-aerospace-aviation-market.html
The report has skillfully identified the potential for further development in the form of product launches and development and business expansions, among others. The report includes a separate section for detailed competitive landscape. The recent activities by the key players in this market have also been tracked in the form of company profiles.
According to BIS Research analyst Eshan Hira, “The finance, payments, and insurance services for automotive industry and manufacturing and supply chain for aerospace & aviation industry is dominating the blockchain in automotive and aerospace & aviation market and is anticipated to maintain its dominance throughout the forecast period. This is mainly due to a complexity in supply chain of the automotive industry, as automotive ecosystem is highly connected, and therefore the issues of cyber threat increases. Additionally, to overcome the issues of lack of transparency and high cost of operation, players operating in the automotive and aerospace & aviation ecosystem are currently integrating blockchain solution.”
The market report provides a market size for blockchain in automotive and aerospace & aviation under three scenarios i.e. pessimistic, realistic, and optimistic. Moreover, the report covers a detailed analysis of the recent trends influencing the market, along with a comprehensive study of the future trends and developments. It also includes a competitive analysis of the leading players in the industry, including corporate overview, product overview, financial for public companies, and SWOT analysis.
Request for a Sample: https://bisresearch.com/requestsample?id=704&type=download
The overall market has been segmented by application in automotive and aerospace & aviation industry and by blockchain type. The report also includes a comprehensive section on the geographical analysis which has been sub-segmented into four major regions, namely, North America, Europe, Asia-Pacific and Rest-of-the-World (RoW).
This report is a meticulous compilation of research on approximately 150 players operating in the ecosystem. Moreover, it draws upon insights from in-depth interviews of key opinion leaders of more than 25 leading companies, market participants, and vendors. The report also profiles around 18 companies, namely, IBM, Amazon.com, Inc., Accenture PLC, Microsoft Corporation, Bitfury Group Ltd., BTL Group Ltd., R3, Factom, Ethereum Foundation, Mesosphere Inc., Provenance Inc., XAIN AG, BigchainDB GmbH, Consensys Systems, Context Labs, Oaken Innovations, Productive Edge LLC, and Ripple Labs, which are the key contributors in the market.
Key Questions Answered in the Report
- What was the valuation of the global blockchain in automotive and aerospace & aviation market in 2018 and how the market is expected to perform during the forecast period from 2019-2029?
- Which factors are expected to boost and restrain the growth and adoption of the technology during the forecast period, 2019-2029?
- How are the consortiums such as R3 and PTDL, participating in endorsing the blockchain technology in the market?
- What are the currently identified use cases of blockchain technology?
- How the rate of adoption of blockchain is expected to change in next 10 years?
- Which are the key players involved in the growth of the blockchain in automotive and aerospace & aviation market?
- How much revenue is expected to be generated by,
- Different applications such as automotive and aerospace & aviation industry, during the forecast period from 2019 to 2029?
- Different types including private, hybrid, and public blockchain of the market during the forecast period?
- Different regions in which the market has been segmented such as North America, Europe, Asia-Pacific, and Rest-of-the-World (ROW)?
SOURCE BIS Research
Blockchain
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As the Layer-1 ecosystem is increasingly flooded with inflated performance claims, new research from Steven Pu, Co-Founder of Taraxa, delivers a reality check. Using data from Chainspect, the study evaluates the cost-efficiency of 22 blockchains by analyzing the real-world cost of running a validator node against actual mainnet throughput.
Blockchain performance reports often rely on idealized scenarios with private testnets, specialized hardware, and unrealistic assumptions that inflate transactions-per-second (TPS) numbers. This results in performance claims that look impressive on paper but do not hold up in practice.
Pu’s research introduces a more pragmatic approach—measuring transactions per second achieved on mainnet per dollar spent on a validator node (TPS/$). This simple yet powerful metric directly addresses the distortion in performance figures by shifting the focus from theoretical throughput to cost-adjusted efficiency. By assessing how much real transaction processing power a network provides per dollar spent, this study offers a fair and verifiable way to compare blockchains on a level playing field.
Figures are produced by dividing the observed mainnet throughput by the monthly cost of a single validator node. The goal is to ensure that blockchain developers, investors, and users have access to data that truly reflects network sustainability and scalability.
This research is more than just a comparison—it’s a call to action. For too long, blockchain projects have relied on inflated performance metrics that fail under real-world conditions. By shifting the focus to cost-efficiency and observed mainnet performance, Pu’s study sets a new standard for evaluating blockchain scalability.
Tellingly, the results expose a striking gap between theoretical performance figures and real-world results. Figures show that theoretical throughput is overstated by a staggering average of 20 times when compared to actual mainnet observations. This means that TPS figures, often cited in whitepapers and marketing materials, vastly exceed what is achievable under real-world conditions.
Such a significant discrepancy suggests that developers, investors, and users may base their decisions on numbers that do not hold up outside of a controlled test environment. This calls for a reform in how blockchain performance is reported and evaluated.
“Investors, developers, and users deserve transparency,” explains Pu. “The blockchain industry has long been obsessed with theoretical performance figures, but numbers generated in a lab mean little if they can’t be replicated in real-world conditions.”
“Our research also shows that many networks require expensive hardware just to achieve modest transaction rates, which is neither technically impressive nor decentralized. By focusing on verifiable data from live networks, we can shift the conversation toward meaningful performance metrics that actually impact usability, cost-efficiency, and decentralized adoption.”
Findings also show that only four out of the 22 blockchains achieve a double-digit TPS/cost ratio. This low percentage highlights that most networks require high expenditures to reach modest transaction rates. Many networks fall short when the real cost of running a node is considered. Users and developers face a challenging landscape where performance is not always backed by cost efficiency.
Rather than dismissing other chains, Taraxa calls for more transparent, verifiable and balanced metrics for comparing blockchains. The research is more than just a comparison—it’s a call to action. For too long, blockchain projects have relied on inflated performance metrics that fail under real-world conditions. By shifting the focus to cost-efficiency and observed mainnet performance, Pu’s study sets a new standard for evaluating blockchain scalability.
Overall, the research challenges common industry practices that rely on overly optimistic theoretical metrics. The market often relies on figures generated under ideal conditions that rarely match everyday use.
By basing this study on data from live networks, the Taraxa team provides a more grounded look at blockchain performance. The focus on cost efficiency and real-world conditions helps set a new standard for performance reporting.
The post Taraxa Report Reveals 20X Overestimation In Blockchain Throughput appeared first on News, Events, Advertising Options.
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