DUBLIN–(BUSINESS WIRE)–“The Blockchain in Aerospace and Defense Market Research Report by Component (Services and Software Platforms), Application Area, Region (Americas, Asia-Pacific and Europe, Middle East and Africa) – Global Forecast to 2027 – Cumulative Impact of COVID-19” The report is added ResearchAndMarkets.com’s Offering.
The Global Blockchain in Aerospace & Defense Market size was estimated at USD 1,909.36 Million in 2021, USD 2,732.00 Million in 2022, and is projected to grow at a CAGR of 43.26% to reach USD 16,506.88 Million by 2027.
Competitive Strategic Window:
The Competitive Strategic Window analyzes the competitive landscape in terms of markets, applications and geographies to help the supplier define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the suppliers to adopt successive merger and acquisition strategies, geographical expansion, research and development, and new product introduction strategies to effect further business expansion and growth during a forecast period.
FPNV positioning matrix:
The FPNV Positioning Matrix evaluates and categorizes the Blockchain vendors in the Aerospace & Defense Market based on business strategy (business growth, industry coverage, financial viability and channel support) and product satisfaction (value for money, ease of use, product features, and customer support) which helps companies make better decisions and understand the competitive landscape.
Market share analysis:
The market share analysis offers analysis of suppliers that assess their contribution to the overall market. It gives the idea of revenue generation in the overall market compared to other vendors in the space. It provides insight into how suppliers perform in terms of revenue generation and customer base compared to others. Knowing market shares gives an idea of the size and competitiveness of the suppliers for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance and merger characteristics.
The report provides insight into the following points:
1. Market Penetration: Provides comprehensive information about the market offered by the key players
2. Market Development: Provides in-depth information on lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information on new product launches, untapped geographies, recent developments and investments
4. Competitive Assessment and Intelligence: Provides an exhaustive assessment of the market shares, strategies, products, certification, regulatory approvals, patent landscape and manufacturing capabilities of the leading players
5. Product development and innovation: Provides intelligent insight into future technologies, R&D activities and ground-breaking product development
The report answers questions such as:
1. What is the market size and forecast for the global blockchain in aerospace and defense market?
2. What are the restraining factors and impact of COVID-19 shaping the global blockchain in aerospace and defense market during the forecast period?
3. Which products/segments/applications/areas to invest in during the forecast period in the global aerospace and defense blockchain market?
4. What is the competitive strategic window of opportunity in the global aerospace and defense blockchain market?
5. What are the technology trends and regulatory framework in the global Blockchain in Aerospace & Defense market?
6. What is the market share of the leading vendors in the Global Blockchain in Aerospace & Defense Market?
7. What modes and strategic moves are considered appropriate to enter the global blockchain in aerospace and defense market?
Market dynamics
Drivers
-
With increasing demand and a strong need to control costs in the airline industry
-
Need for a transparent and secure system to manage highly fragmented distribution channels and track components, baggage and shipments
-
Analytics to improve operational efficiency and automate repetitive processes and payments
-
Penetration of digital technologies such as advanced analytics, robotics and artificial intelligence in the aviation industry
Limitations
-
Scalability, management and usage costs
Possibilities
-
Application for delay compensation and loyalty points
Challenges
-
Needs to be adopted by all parties in the process ecosystem for potential benefits
Companies mentioned
-
3IPK
-
Accenture plc
-
Aeron Labs
-
Cryptowerk Corp. Inc.
-
Decent Inc.
-
Deutsche Lufthansa AG
-
KPMG International
-
Microsoft Corporation
-
ObjectTech Group Ltd
-
SITA Laboratories, Inc.
-
Swinging tree
For more information on this report visit
