Automotive Blockchain Market Share

Market Share of Automotive Blockchain Industry

The market for Automotive Blockchain is a fairly consolidated one with key players such as Microsoft, BigchainDB, GEM, IBM, SHIFTMobility dominating the market. The market is witnessing a lot of collaboration between major OEMs, tech companies, and innovative startups for the development of blockchain infrastructure. For instance, 

• In May 2020, General Motors, Ford, BMW, Renault, and ZF have partnered up, alongside leading technology companies Accenture, IBM, and Bosch, amongst others, to begin testing how blockchain can be used to improve transportation and mobility. The initiative named the Mobility Open Blockchain Initiative (MOBI) will look to implement blockchain technology in a range of use cases across the automotive industry, including autonomous driving, supply chain, and vehicle identity tracking, vehicle payments, and ride-sharing solutions.

Automotive Blockchain Market Leaders

1. Microsoft Corporation

2. BigchainDB GmbH

3. IBM Corporation

4. SHIFTMobility Inc.

5. GEM

*Disclaimer: Major Players sorted in no particular order