Aviation Blockchain Market Trends, Disruptors & Competitive Strategy

Aviation Blockchain Market Dynamics, Competitive Forces & Strategic Pathways

The aviation blockchain market is expected to increase from USD 1.16 billion in 2025 to USD 5.53 billion by 2034, growing at a CAGR of 18.93% throughout the forecast period from 2025 to 2034.

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Introduction

The aviation blockchain market is a prominent sector of the aviation industry. This industry deals in developing blockchain-based solutions for enhancing operations in the aviation sector. There are several applications of blockchain technology including passenger identity management, cargo & baggage tracking, flight & crew data management, frequent flyer programs, smart contract, travel insurance, e-ticketing & ticket tokenization, aircraft refueling, airline revenue sharing, leasing, supply chain management, parts tracking, parts health monitoring, inventory management, aircraft maintenance and some others. The end-users of this sector consist of airports, airlines, MRO, manufacturers and lessors. The rise in number of airports in different parts of the world has contributed to the development of this industry. This market is projected to rise significantly with the growth of the aerospace sector around the globe.

• According to the ASEAN stats, there were around 217 domestic airports in Indonesia during 2021 that increased to 233 in 2023.

Highlights of the Aviation Blockchain Market

• North America held a dominant share of the aviation blockchain market due to the rising development of airline industry along with technological advancements in aerospace sector.
• Asia Pacific is expected to grow with the highest CAGR due to the growing air passenger traffic coupled with rapid investment in aviation sector in this region.
• The cargo and baggage tracking segment dominated the market due to the increasing transparency and traceability in supply chain management.
• The transactions segment led the market due to the ability of blockchain for enhancing transparency, efficiency and security in aviation sector.

Industry Leader Announcement

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Competitive Landscape

The aviation blockchain market is a developing industry with the presence of several dominating players. Some of the prominent companies in this industry consists of Filament (US), Infosys (India), Insolar Technologies (Switzerland), Volantio Inc (US), Crores (US) and some others. These market players are continuously engaged in developing blockchain solutions for the aviation sector and adopting several strategies such as launches, collaborations, partnerships and some others to sustain their position in this industry.

• According to the annual report of Infosys, the annual revenue of the company in 2023 was Rs 146767 crores in 2023 that increased to Rs 153670 in 2024.

Market Segmentations

By End Use

• Airlines
• Airports
• Others

By Function

• Record Keeping
• Transactions

By Application

• Cargo and Baggage Tracking
• Passenger Identity Management
• Flight and Crew Data Management
• Supply Chain Management
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa