Blockchain AI Market Trends and Forecast
The future of the global blockchain AI market looks promising with opportunities in the smart contract, payment, data security, logistics & supply chain management, and business process optimization markets. The global blockchain AI market is expected to grow with a CAGR of 23.4% from 2024 to 2030. The major drivers for this market are increase in demand for enhanced data security and transparency across industries, growth of decentralized applications (dAPPs) requiring AI capabilities for automation and decision-making, and growing adoption in finance and healthcare sectors for improved efficiency and compliance.
• Lucintel forecasts that ml is expected to witness the highest growth over the forecast period.
• Within this market, smart contract is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Blockchain AI Market
• USA - Companies like IBM and Microsoft are expanding blockchain AI solutions for supply chain transparency. Government initiatives aim to integrate blockchain into public sector operations, with targets set for enhanced data security and efficiency.
• China - Alibaba and Baidu are leading blockchain AI projects focusing on finance and healthcare sectors. Government targets include integrating blockchain for governance and industry development, fostering innovation hubs in major cities.
• Switzerland - Swisscom Blockchain AG collaborates with startups for blockchain AI applications in finance. Government initiatives support blockchain integration in banking and commodities trading sectors, with targets to enhance regulatory frameworks for blockchain adoption.
• Singapore - DBS Bank and Temasek Holdings collaborate on blockchain AI initiatives for trade finance. Government targets include leveraging blockchain for smart city solutions and enhancing digital infrastructure to support blockchain innovation hubs.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Blockchain AI Market by Segment
The study includes a forecast for the global blockchain AI market by type, application, and region.
Blockchain AI Market by Type [Value from 2018 to 2030]:
• ML
• NLP
• Context-Aware Computing
• Computer Vision
Blockchain AI Market by Application [Value from 2018 to 2030]:
• Smart Contract
• Payment
• Data Security
• Logistics & Supply Chain Management
• Business Process Optimization
Blockchain AI Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Blockchain AI Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies blockchain AI companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the blockchain AI companies profiled in this report include-
• Cyware Labs
• Core Scientific
• Netobjex
• Ai-Blockchain
• Alphanetworks
• Bext360
• Blackbird.Ai
Recent Development in the Blockchain AI Market
• IBM: IBM launched Watson AI-powered blockchain services to enhance supply chain transparency and efficiency.
• Microsoft: Microsoft Azure integrates blockchain with AI services for decentralized applications and smart contracts.
• Alibaba: AlibabaÄX%$%Xs Ant Group uses blockchain AI for financial services, including risk management and fraud prevention.
• Baidu: Baidu Blockchain Lab focuses on AI-driven blockchain solutions for healthcare and financial applications.
Features of the Global Blockchain AI Market
Market Size Estimates: Blockchain AI market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Blockchain AI market size by type, application, and region in terms of value ($B).
Regional Analysis: Blockchain AI market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the blockchain AI market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the blockchain AI market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for blockchain AI market?
Answer: The global blockchain AI market is expected to grow with a CAGR of 23.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the blockchain AI market?
Answer: The major drivers for this market are increase in demand for enhanced data security and transparency across industries, growth of decentralized applications (dAPPs) requiring AI capabilities for automation and decision-making, and growing adoption in finance and healthcare sectors for improved efficiency and compliance.
Q3. What are the major segments for blockchain AI market?
Answer: The future of the global blockchain AI market looks promising with opportunities in the smart contract, payment, data security, logistics & supply chain management, and business process optimization markets.
Q4. Who are the key blockchain AI market companies?
Answer: Some of the key blockchain AI companies are as follows:
• Cyware Labs
• Core Scientific
• Netobjex
• Ai-Blockchain
• Alphanetworks
• Bext360
• Blackbird.Ai
Q5. Which blockchain AI market segment will be the largest in future?
Answer: Lucintel forecasts that ml is expected to witness the highest growth over the forecast period.
Q6. In blockchain AI market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the blockchain AI market by type (ML, NLP, context-aware computing, and computer vision), application (smart contract, payment, data security, logistics & supply chain management, and business process optimization), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Blockchain AI Market, Blockchain AI Market Size, Blockchain AI Market Growth, Blockchain AI Market Analysis, Blockchain AI Market Report, Blockchain AI Market Share, Blockchain AI Market Trends, Blockchain AI Market Forecast, Blockchain AI Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.