“Aviation Blockchain market set to grow to $3bn by 2030” says new Visiongain report

09 March 2020
Aviation

Visiongain has launched a new aviation report Aviation Blockchain Market Report 2020-2030: Forecasts by Vertical (Commercial, Military), End User (Airlines, MRO, OEMs, Airports, Lessors), Application (Cargo and Baggage Tracking, Passenger Identity Management, Flight and Crew Data Management, Frequent Flyers Program, Smart Contracts, Supply Chain Management, Aircraft Maintenance), Function (Record Keeping, Transaction) PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis.

The aviation industry is vast, complex, and interconnected and is growing rapidly. The companies that manufacture, operate, and service aircraft are seeking out cutting edge technology which will allow them to optimise performance. Blockchain has the capability to significantly streamline the earning, spending, accounting and reconciliation of frequent flyer points. The blockchain technology has been identified as one of the major technologies that may adversely impact the future of aviation, along with new modes of consumption or the privatisation of infrastructure. The Blockchain technology is currently going through a phase in which it is gaining more maturity and the real benefits are becoming clearer.

The report divides the aviation blockchain market into four submarkets namely vertical including Commercial and military; end user including airlines, MRO, OEMs, airports and lessors; application including cargo and baggage tracking, passenger identity management, flight and crew data management, frequent flyers program, smart contracts, supply chain management, aircraft maintenance; and function including record keeping and transaction.

Leading companies featured in the report who are developing Microsoft Corporation (US), IBM (US), Zamna Technologies (UK), Aeron Labs (Belize), Winding Tree (Switzerland), Volantio Inc (US), Infosys (India).

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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