Middle East & Africa Automotive Blockchain Market Size & Outlook
The automotive blockchain market in Middle East & Africa is expected to reach a projected revenue of US$ 398.8 million by 2030. A compound annual growth rate of 31.7% is expected of Middle East & Africa automotive blockchain market from 2024 to 2030.
Revenue, 2023 (US$M)
$58.0
Forecast, 2030 (US$M)
$398.8
CAGR, 2024 - 2030
31.7%
Report Coverage
Middle East & Africa
Middle East & Africa automotive blockchain market, 2018-2030 (US$M)
MEA automotive blockchain market highlights
- The MEA automotive blockchain market generated a revenue of USD 58.0 million in 2023.
- The market is expected to grow at a CAGR of 31.7% from 2024 to 2030.
- In terms of segment, public cloud was the largest revenue generating type in 2023.
- Public Cloud is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 58.0 million |
| Market revenue in 2030 | USD 398.8 million |
| Growth rate | 31.7% (CAGR from 2023 to 2030) |
| Largest segment | Public cloud |
| Fastest growing segment | Public Cloud |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Public Cloud |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.4% of the global automotive blockchain market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 917.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Automotive Blockchain Market Scope
Automotive blockchain market segmentation & scope
Component
Application & Solution
Infrastructure & Protocols
Middleware
Mobility
Personal Mobility
Shared Mobility
Commercial Mobility
Application
Smart Contracts
Supply Chain
Financing
Mobility Solutions
Others
End Use
OEMs
Vehicle Owners
Mobility as a Service Provider
Others
Countries
U.S.
Canada
Mexico
Brazil
Argentina
UK
Germany
France
Italy
Spain
Sweden
Norway
Denmark
China
India
Japan
South Korea
Thailand
Australia
South Africa
Saudi Arabia
UAE
Kuwait
Automotive Blockchain Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
