Automotive Blockchain Market - Size, Share, Industry Trends, and Forecasts (2025-2032)

By Provider:

Based on provider, the market is segmented into middleware, infrastructure and protocols, and application and solution.

Trends in the provider:

• Increasing trend in adoption of solutions from application & solution providers for facilitating supply chain management, smart contract implementations, and mobility solutions among others.
• Rising utilization of solutions from infrastructure & protocol providers for developing protocols, platforms, and infrastructure for supporting numerous applications within the automotive ecosystem.

The application and solution segment accounted for the largest revenue share in the overall automotive blockchain market share in 2024, and it is anticipated to register significant CAGR growth during the forecast period.

• Application and solution providers primarily focus on developing particular applications or platforms that leverage blockchain technology for addressing specific challenges or needs within the automotive sector.
• Application and solution providers often provide solutions including tools for supply chain management, digital identity management, vehicle tracking, and smart contracts among others.
• Moreover, application and solution providers can provide secure data exchange and storage by deploying blockchain technology while reducing vulnerability to data breaches and fraud.
• For instance, in April 2021, Groupe Renault, Faurecia, Simoldes, Knauf Industries, and Coşkunöz, in association with IBM, signed a partnership contract for the deployment of XCEED (eXtended Compliance End-to-End Distributed), which is a blockchain-based shared solution developed for tracing the compliance of several parts assembled within a vehicle in real time.
• Therefore, the above factors are further driving the automotive blockchain market trends.

By Mobility Type:

Based on mobility type, the market is segmented into personal mobility, shared mobility, and commercial mobility.

Trends in the mobility type:

• Factors including the rising disposable income, growing popularity of luxury cars, rising sales of passenger cars, and progressions in autonomous driving systems are key trends propelling the personal mobility segment.
• Factors including rising adoption of ridesharing services for facilitating cost-effective travel and reduced traffic congestion, along with increasing need for economical modes of transportation and logistics are primary trends for driving the growth of shared mobility and commercial mobility segment

Personal mobility segment accounted for the largest revenue share of 57.03% in the total automotive blockchain market share in 2024.

• Personal mobility refers to a mode of transportation which individuals utilize for personal travel. This primarily includes private car ownership and other similar services.
• Moreover, blockchain solutions enables users to track each vehicle’s ownership history, maintenance records, and accident history based on the vehicle’s distinctive digital identity on the blockchain.
• Additionally, blockchain solutions can also facilitate smart contracts, which are capable of automating payments, insurance claims, and other agreements based on well-defined conditions. This helps in streamlining operations and ensuring timely payments.

• For instance, according to the International Organization of Motor Vehicle Manufacturers, the total sales of passenger cars worldwide reached up to 65,272,367 units in 2023, representing an increase of 11.3% from 58,644,601 units in 2022.

• Therefore, increasing sales of passenger cars and growing personal mobility solutions are driving the automotive blockchain market trends.

Commercial mobility segment is anticipated to register substantial CAGR growth during the forecast period.

• Commercial mobility refers to transportation modes used for business purposes, including logistics, freight transport, fleets, and public transport systems.
• Moreover, automobile blockchain solutions are primarily used in commercial mobility sector for applications involving commercial vehicle fleet management, logistics and supply chain management, smart contracts, and others.

• For instance, according to the International Organization of Motor Vehicle Manufacturers, the overall global sales of commercial vehicles reached 27,452,301 units in 2023, witnessing an incline of 13.3% from 24,226,493 units in 2022.

• Thus, rising commercial vehicle sales and increasing adoption of automobile blockchain solutions in commercial mobility sector are projected to expand the automotive blockchain market size during the forecast period.

By Application:

Based on application, the market is segmented into smart contracts, supply chain, financing, mobility solutions, and others.

Trends in the application:

• Increasing adoption of blockchain solutions in automotive supply chain management applications for facilitating increased transparency and accountability, improved coordination, and enhanced operational efficiency.
• Rising utilization of blockchain technology in mobility solutions to facilitate the integration of multiple transport services such as public transport, bike-sharing, private ride-hailing, and others into a single accessible platform, in turn extending users' mobility options.

The supply chain segment accounted for the largest revenue share in the overall market in 2024.

• Supply chain management in automotive sector involves the planning and execution of processes that produce and deliver vehicles and parts efficiently, ranging from raw material sourcing to final vehicle assembly and distribution.
• The use of blockchain in automotive supply chain management enables each component in the supply chain, ranging from raw materials to finished vehicles, to be tracked in real time.
• Moreover, the utilization of blockchain also improves collaboration among manufacturers, suppliers, and buyers by providing a shared platform for data exchange. Additionally, participants can access real-time data regarding production schedules, inventory levels, and demand forecasts, which leads to improved coordination and reduced inventory holding costs.
• For instance, in April 2020, Marelli introduced the utilization of blockchain technology for enhancing automotive supply chain management, creating a distributed peer-to-peer network to connect suppliers and automakers’ plants across the world. The blockchain technology improves traceability of automobile components and raw materials, which enables more efficient and reliable transactions and operations, while offering substantial benefits to all the players in the value chain.
• According to the automotive blockchain market analysis, rising utilization of blockchain solutions in automotive supply chain management applications is driving the market.

Mobility solutions segment is anticipated to register substantial CAGR growth during the forecast period.

• Mobility solutions includes services that facilitate transportation and movement, including car-sharing, ride-sharing, public transportation, and logistics solutions.
• Moreover, blockchain technology is often used in mobility solutions for applications involving ride-sharing and car-sharing platforms, fleet management, data management, and others.
• Additionally, the use of blockchain can enable decentralized platforms that remove intermediaries from ride and car-sharing models, which fosters peer-to-peer interactions and payments.
• For instance, MOBI, the Mobility Open Blockchain Initiative, recently announced its formation to explore blockchain for utilization in a new digital mobility ecosystem for making transportation more affordable, safer, and widely accessible. MOBI and partners, including Bosch, BMW, Ford, Groupe Renault, General Motors, Aioi Nissay Dowa Insurance Services USA, ZF, and others aim to develop an ecosystem where consumers and businesses can have sovereignty and security over their driving data, manage car-share and ride-share transactions, and store vehicle identity and usage information.
• Thus, the above factors are projected to increase the adoption of automobile blockchain solutions, thereby, driving the market during the forecast period.