Blockchain AI Market Size, Share, Growth Report 2030

Industry Perspective:

The global Blockchain AI market size accrued earnings worth approximately 1.1 (USD Billion) in 2019 and is predicted to gain revenue of about 2.3 (USD Billion) by 2026, which is set to record a CAGR of nearly 20% over the period from 2020 to 2026. The report offers an assessment and analysis of the Blockchain AI market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

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Blockchain AI Market: Overview

Blockchain is a decentralized and distributed ledger that is utilized for storing encoded information. Moreover, AI facilitates analytics as well as decision-making from the information that is garnered. In addition to this, blockchain improves the machine learning ability and helps various firms to generate new financial technologies, thereby helping in expanding business. Apparently, AI and blockchain are integrated by firms to produce insights from the data acquired and thereby expand their business across the globe. Escalating the requirement for data monetization has enhanced the use of blockchain & AI tools by small-scale firms, thereby driving blockchain AI market trends.

Blockchain AI Market: Growth Dynamics

Large-scale requirement of cloud and IoT technologies is projected to generate new growth avenues for the blockchain AI industry over the assessment period. Apart from this, blockchain AI offers improved data protection, assists in the decision-making process, and facilitates the automation of various businesses.

In addition to this, humungous acceptance of blockchain AI tools in payment systems, telecom, manufacturing, BFSI, healthcare, IT, ITES, automotive, media & entertainment, and banking sectors will carve new growth dimensions for the blockchain AI market over the assessment period.

The rise in the funding of blockchain AI-based ventures in China, the U.S., Germany, the UK, Singapore, Japan, Italy, and France will proliferate the market expansion over the predicted timeline. Furthermore, blockchain AI helps in streamlining online payments, appointment scheduling, id verification, and healthcare record verification.

Blockchain Ai Market Report Scope:

North American Blockchain AI Market To Register Highest Growth By 2026

The expansion of the blockchain AI market in the Asia Pacific zone over the assessment period is due to massive investment in blockchain & AI technologies in countries such as Canada and the U.S. in addition to this, the surge in the number of blockchains as well as AI ventures in the region will steer the regional market landscape. Reportedly, the governments in these countries are trying to use blockchain AI tools for improving military operations, airport functionalities, and public utility procedures. The presence of reputed blockchain firms in the U.S. will account notably for regional market size over the ensuing years.

Key Market Players & Competitive Landscape

Key players profiled in the study are 

• Gainfy Foundation
• AlphaNetworks
• Blackbox AI
• Synapse SI
• AI-Blockchain
• BurstIQ
• LLC.

The global Blockchain AIMarket is segmented as follows:

By Technology

• Computer Vision
• Natural Language Processing
• Machine Learning

By Application

• Smart Contracts
• Governance
• Logistics
• Payments & Settlements
• Supply Chain Management

By Deployment

• Cloud-Based
• On-Premise

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa