Global Blockchain AI Market Research Report: Information By Technology (ML, NLP, Context-Aware Computing, Computer Vision), Component (Platform/Tools, Services (Consulting, System Integration and Deployment and Support and Maintenance)), Applications (Smart Contracts, Payment and Settlement, Data Security, Data Sharing/Communication, Asset Tracking and Management, Logistics and Supply Chain Management, Business Process Optimization and Other), Deployment Mode (Cloud and On-Premises), Organization Size (Large Enterprises and SMEs), Vertical (BFSI, Telecom & IT, Healthcare & Life science, Manufacturing, Media & Entertainment, Automotive and Others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2026
Market Overview
Global Blockchain AI Market projected that the market can develop at an attractive CAGR rate over the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse into the coming years
Global Blockchain AI Market has been segmented based on Technology, Component, Applications, Deployment Mode, Organization Size, Vertical, and Region
Based on Technology, the blockchain AI market has been segmented into machine learning, natural language processing, context-aware computing, and computer vision. The machine learning segment accounted for the largest market share and is expected to hold the highest CAGR during the forecast period. The machine learning segment extracts meaningful insights from raw data to solve complex, data-rich business problems quickly. Additionally, it helps improve the efficiency of logistics and transportation networks.
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Based on component, the blockchain AI market has been segmented into platform/tools and services. The service segment held the larger market share of the global blockchain AI market and is also expected to witness a higher CAGR during the forecast period. The service segment is further divided into consulting, system integration and deployment, and support and maintenance. It deploys, executes, and maintains the blockchain AI platform in an organization.
Based on applications, the blockchain AI market has been segmented into smart contracts, payment and settlement, data security, data sharing/communication, asset tracking and management, logistics and supply chain management, business process optimization, and other. The data security segment is expected to dominate the market over the forecast period as it offers enhanced operational efficiency and ensures a more secure environment. The data security segment enhanced security and quick and transparent operations.
Based on deployment mode, the blockchain AI market has been segmented into cloud and on-premises. The cloud segment is expected to register the largest market share during the forecast period as it assists in secure data storage and offers remote access to any work-related data.
Based on organization size, the blockchain AI market has been segmented into large enterprises and SMEs. The SMEs segment is projected to register a faster growth rate over the forecast period. SMEs are adopting solutions powered by blockchain and AI as they allow businesses to access high-quality data and insights at a low cost.
Based on vertical, the blockchain AI market has been segmented into BFSI, telecom and IT, healthcare and life science, manufacturing, media and entertainment, automotive, and others. The BFSI vertical segment is expected to witness the highest CAGR during the forecast period. Financial service providers are using blockchain-AI technology, which helps secure transactions for customers.
Competitive Analysis
The Key Players of the Global Blockchain AI Market are Figure Technologies (US), Cyware Labs (US), Core Scientific (US), NetObjex (US), Fetch.ai (UK), Ai-Blockchain (US), AlphaNetworks (US), Bext360 (US), Blackbird.AI (US), BurstIQ (US), Chainhaus (US), CoinGenius (US), Computable (US), Finalze (US), Gainfy (US), Hannah Systems (US), LiveEdu (UK), Mobs (US), Neurochain Tech (France), Numerai (US), SingularityNET (The Netherlands), Stowk (US), Synapse AI (US), Talla (US), Verisart (US), VIA (US), Vytalyx (US), Wealthblock.AI (US), and Workdone (US).
Regional Analysis
The regional analysis for the global blockchain AI market has been done for North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America. The market in North America accounted for the largest market share in 2019, and it is expected to register strong growth during the forecast period. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period. This growth can be attributed to the growing adoption of blockchain-AI technology among the various verticals.
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Global Blockchain AI Market The Blockchain AI Market will witness an augmentation in demand over the forecast period.
This is because of the surging need for these services in order to deploy, integrate, and manage to consult from various organizations.Request a free sample of this reportBlockchain AI Market DynamicsThe augmenting demand for delegation of data ledgers and blockchain as a service (BaaS) to improve the management of data protection, supply chain, and enterprise resources is the foremost reason responsible for the growth of the global blockchain AI market size.
Thus, the combination assists in recognizing decisions to enable agreement, reach a unified decision, safeguard mission-related data, and offer superior AR effectiveness.
Further, the surging endorsement of cloud-based technologies and the innovations on the internet of things, big data, and artificial intelligence will stimulate the demand for customer data fabrication to reach précised decisions, thus driving the Blockchain AI Market Size.However, the development of AI technology is exceptionally costly, which can restrain the growth of the market.
Moreover, as per the Blockchain AI Market Global Analysis, the insufficiently trained workforce because of the difficulties in controlling, establishing, and executing blockchain AI will further restrain the market growth.
Technology Segment DriversOn the basis of technology, the machine learning segment is projected to seize a larger share in the blockchain AI market.
The Global Blockchain AI Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Blockchain AI Market in each key region of the world.
The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.The Global Blockchain AI Market report, released by Emergen Research, provides the target audience with the key information pertaining to the global Blockchain AI Market industry.
Our team of experts has performed a detailed analysis of the most vital elements of the Blockchain AI Market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors likely to influence its growth over the forecast duration.
It comprises a broad database of the Blockchain AI Market dynamics that help in the accurate market estimation over the projected timeline.
The report also offers reliable information about the product offerings, wide application range, major market segments, leading market players, company profiles, pricing range, production capacity, revenue generation, technological advancement, and many other elements.The report is the latest document offering full coverage of the impact of the COVID-19 outbreak on the Blockchain AI Market.
The global health crisis has affected nearly every aspect of this business vertical, alongside adversely impacting the global economy.
The Blockchain AI Global Market Report 2020-30 by The Business Research Company describes and explains the global blockchain AI market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030.
The Blockchain AI Global Market Report 2021 covers blockchain AI market drivers, blockchain AI market trends, blockchain AI market segments, blockchain AI market growth rate, blockchain AI market major players, and blockchain AI market size.
View Complete Report:https://www.thebusinessresearchcompany.com/report/blockchain-ai-global-market-report The blockchain AI market report provides an in-depth analysis of the impact of COVID-19 on the global blockchain AI industry, along with revised market numbers due to the effects of the coronavirus and the expected blockchain AI market growth numbers 2021-2030.
Blockchain AI Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.Request For The Sample Now: https://www.thebusinessresearchcompany.com/sample.aspx?id=4027=smpThe global blockchain artificial intelligence market is expected to grow from $232.09 million in 2020 to $297.62 million in 2021 at a compound annual growth rate (CAGR) of 28.23%.
