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Aviation Blockchain Market Share, Trend & Growth Forecast to 2026

Based on the application, the aviation blockchain market can be segmented into airports, airlines, MRO service providers, and manufacturers. The airlines segment is anticipated to showcase a superior growth potential over the coming years. The increasing use of blockchain technology in airlines to provide real-time information that includes passenger data, sales data, and cargo & baggage information is supporting market growth.

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Aviation Blockchain Market Share, Trend & Growth Forecast to 2026

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  1. Aviation Blockchain Market: Growth Potential Analysis and Forecasts Report 2026

  2. KeyInsights Aviation Blockchain Market: • Based on the application, the aviation blockchain market can be segmented into airports, airlines, MRO service providers, and manufacturers. The airlines segment is anticipated to showcase a superior growth potential over the coming years. The increasing use of blockchain technology in airlines to provide real-time information that includes passenger data, sales data, and cargo & baggage information is supporting market growth. • Blockchain technology aids the aerospace & defense sector to obtain a transparent and well-connected supply chain. The presence of large & highly complex supply chains drives the need for this technology in the defense sector, further supporting the aviation blockchain market growth.

  3. Continued… • Increasing investments in research & development of defense & commercial aviation for superior protection against cyber threats, tracing defense contracts, and creating secure government portals are supporting market growth. In recent years, numerous airlines, aircraft Maintenance, Repair and Overhaul (MRO) providers, and aircraft manufacturers have announced research programs & initiatives that use blockchain to manage the purchase of flight tickets and replace parts on in-service airplanes. Blockchain technology in the military sector is primarily used to trace defense-related contracts and shipments with reduction in operational complexities, which will augment the industry share. • For instance, S7 Airlines, Russia’s airline giant, and Alfa-Bank, Russia’s largest bank, issued tickets to passengers through blockchain technology. The goal was to streamline the payment process, reducing settlement time that will take around two weeks to process.

  4. Latest Research Aviation Blockchain Market@ https://bit.ly/39Jhnhf Request for a Sample Copy of This Research Report @ https://bit.ly/3cXyQ7K

  5. Major Companies Aviation Blockchain Market : • Accenture PLC • IBM • Microsoft Corporation • Zamna Technologies • Insolar Technologies • Loyyal Corporation

  6. Regional Aviation Blockchain Market: • The aviation blockchain market in North America is projected to grow at a high CAGR. The increasing adoption of technology by airlines, airports, and MRO service providers in this region is one of the major drivers positively influencing the growth. The presence of major airports and key industry participants in the region is expected to drive the market.

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