Uploaded on Dec 6, 2023
Aviation Record-Keeping Blockchain Market by Deployment (Private, Public and Hybrid), Application (E-Ticket, Supply Chain Management, Cargo & Baggage Tracking, Smart Contract, Inventory Management, Flight & Crew Data Management, Passenger Identity Management, Others), and End Market (MRO, Airports, Airlines, Manufacturers and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027
Aviation Record-Keeping Blockchain Market PPT
Aviation Record-Keeping Blockchain
Market by Deployment (Private,
Public, Hybrid), by Application (E-
Ticket, Supply Chain Management,
Cargo Baggage Tracking, Smart
Contract, Inventory Management,
Flight Crew Data Management,
Passenger Identity Management,
Others) and by End Market (MRO,
Airports, Airlines, Manufacturers,
Others): Global Opportunity Analysis
and Industry Forecast, 2023-2032
Aviation Record-Keeping Blockchain Market by
Deployment
The global aviation record-keeping blockchain market is experiencing a significant growth
due to demand for decentralized digital ledger. Blockchains are decentralized & distributed
database that are not bound to a specific hardware but scattered through a number of
different computers. The information in a blockchain such as digital records of aircraft tail
number & configuration, location of the part in the plane, manufacturer details, identity of
each technician who has touched the part, and the location where the service was
performed cannot be changed since every block is verified, sealed, and all record-keeping
is stored in a manner that is accessible to everyone on the network.
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Aviation Record-Keeping Blockchain Market by
Deployment
Surge in transparency & traceability of operations, increase in demand for reduction in
cost and transactional complexity, and rise in adoption of blockchain by defense &
commercial aviation are the factors that drive the global aviation record-keeping
blockchain market. However, different standards of data storage and high processing load
on each system on a small network hinder the market growth. On the contrary, biometric
identity verification, potential integration of blockchain with variety of aviation
technologies, and R&D in cyber threat resistant blockchain system present new pathways
in the industry.
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Aviation Record-Keeping Blockchain Market by
Deployment
The defense and aviation industry is using blockchain more frequently to fend off
against cyber threats, opening secure government portals, and tracing defense
contracts. Recently, in 2020, Value Technology Foundation (a non-profit think tank
focused on blockchain based in Virginia, US) published a report titled “Potential Uses of
Blockchain By the U.S. Department of Defense” that has been co-authored by the US
Department of Defense (DOD) contractors such as Accenture, Amazon, Deloitte, CGI
Federal, and IBM, along with blockchain firms such as ConsenSys, SIMBA Chain, and
Colvin Run Networks.
Aviation Record-Keeping Blockchain Market by
Deployment
Key Benefits
•This study presents the analytical depiction of the global aviation record-keeping
blockchain industry along with the current trends and future estimations to determine the
imminent investment pockets.
•The report presents information related to key drivers, restraints, and opportunities along
with detailed analysis of the global aviation record-keeping blockchain market share.
•The current market is quantitatively analyzed to highlight the global aviation record-
keeping blockchain market growth scenario.
•Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
•The report provides a detailed global aviation record-keeping blockchain market analysis
based on competitive intensity and how the competition will take shape in coming years.
•.
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Aviation Record-Keeping Blockchain Market by
Deployment
Aviation Record-Keeping Blockchain Market by Deployment Key Segments :
By Region
•North America
• U.S.
• Canada
•Europe
• UK
• Germany
• France
• Rest of Europe
• Latin America
• Brazil
• Mexico
• Rest of LATAM
•Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
• Middle East
• Africa
Aviation Record-Keeping Blockchain Market by
Deployment
Segment Overview
The report discusses about leveraging blockchain as part of multi-factor authentication for
better security of military systems, since usage of blockchain for logging leaves a trail for
detection of the source in case cyberattacks are not prevented. Value Technology
published the report citing cybersecurity threats, which could reduce U.S. dominance in
the global economic and military spheres. Such adoption of blockchain by defense &
commercial aviation is expected to boost the global aviation record-keeping blockchain
market.
Aviation Record-Keeping Blockchain Market by
Deployment
Key players profiled in the report
include
• Aeron Labs
• Zamna Technologies
• Infosys
• Sweetbridge Inc.
• Insolar Technologies
• Filament
• Moog Inc.
• Winding Tree.
• IBM
• Microsoft Corporation
Aviation Record-Keeping Blockchain Market by
Deployment
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