Global Aviation Blockchain Market to Reach $1.9 Billion by 2030
The global market for Aviation Blockchain estimated at US$1.7 Billion in the year 2023, is expected to reach US$1.9 Billion by 2030, growing at a CAGR of 1.8% over the period 2023-2030. Transactions Function, one of the segments analyzed in the report, is expected to record 1.4% CAGR and reach US$989.5 Million by the end of the analysis period. Growth in the Record Keeping Function segment is estimated at 2.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $506.8 Million, While China is Forecast to Grow at 1.3% CAGR
The Aviation Blockchain market in the U.S. is estimated at US$506.8 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$327.3 Million by the year 2030 trailing a CAGR of 1.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 0.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 0.1% CAGR.
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