The global demand for Blockchain AI Market is presumed to reach the market size of nearly USD 1455.3 MN by 2028 from USD 312.12 MN in 2021 with a CAGR of 24.6% under the study period 2022 - 2028.
Blockchain Al is facilitating online payments, appointment scheduling, id verification, and healthcare record verification. Blockchain is a decentralized and distributed ledger used for storing encoded data. While Al smoothens the analytics as well as the decision-making from the hoarded information. Blockchain facilitates machine learning capability and allows firms to grow their business by generating new financial technologies. Blockchain and AI are integrated by companies to produce insights from the collected data and expand their business across the globe. Surging demand for data monetization has given an uplift in the blockchain and Al tools by small-scale firms, inevitably driving blockchain AI market trends.
Market Dynamics
Mass requirement of cloud and loT technologies has generated new growth avenues for the blockchain Al industry over the assessment period. Blockchain Al has improved data protection, fostered the decision-making process, and expedited the automation of various businesses. Additionally, enormous acknowledgment of blockchain AI in telecom, BFSI, healthcare, IT, payment systems, manufacturing, ITES, automotive, media, and banking sectors have laid new growth dimensions for the blockchain AI market. An increase in funding for blockchain Al-based projects in China, Germany, the USA, Singapore, the UK, Japan, Italy, and France will expand the market further with time. Data monetization is one of the major driving factors for the Blockchain Al market because it makes it easily accessible for small companies who otherwise couldn't afford it and don't have their own data sets.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of blockchain ai. The growth and trends of blockchain ai industry provide a holistic approach to this study.
Market Segmentation
This section of the blockchain ai market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Technology
- Computer Vision
- Machine Learning (ML)
- Natural Language Processing (NLP)
- Others
By Vertical
- BFSI
- Telecom & IT
- Healthcare And Life Science
- Manufacturing
- Media & Environment
- Automotive
- Others
By Application
- Smart Contract
- Payment
- Data Security
- Logistics And Supply Chain Management
- Business Process Optimization
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Blockchain AI market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Blockchain AI Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the blockchain ai market include Cyware Labs, Core Scientific, Ai-Blockchain, AlphaNetworks, Bext360. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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