The global Blockchain AI market is expected to skyrocket, underpinned by an impressive CAGR and technology-driven advancements.
What Is The Projected Market Size Of The Global Blockchain AI Market And Its Growth Rate?
– The blockchain AI market size has grown exponentially, from $0.57 billion in 2024 to $0.7 billion in 2025, marking a CAGR of 23.2%.
– The forecast period predicts a further rise in the market size to $1.88 billion by 2029, expecting a CAGR of 28.0%.
– The dramatic growth can be attributed to factors such as security and transparency in transactions, efficient data management, adoption of smart contracts, fraud detection and prevention, and the evolution of decentralized autonomous organizations (DAOs).
What Is Driving The Growth In The Blockchain AI Market?
The increasing reliance on efficient data management and cloud storage has played a pivotal role in propelling the growth of the Blockchain AI market. With more data pouring in from various digital platforms, both AI and blockchain technologies are facilitating secure data storage, access, and value generation. A prime example is Gainify, a healthcare platform that leverages AI and blockchain along with IoT devices, providing services like appointment scheduling, digital payments, and identity verification, among others, thus proving the indispensable role of blockchain AI in today’s digital era.
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Who Are The Key Players Driving Blockchain AI Market Growth?
– Microsoft Corp.
– IBM Corp.
– Oracle Corp.
– AlphaNetworks Inc.
– Salesforce Inc.
– Fidelity Information Services LLC
– CertiK
– Barca Vision
– Core Scientific Inc.
– Hannah Systems
– ORS Group
– Figure Technologies Inc.
– SandboxAQ
– Plato Technologies Inc.
– NetObjex Inc.
What Are The Key Trends In The Blockchain AI Market?
– Interoperability across blockchain platforms
– Adoption of AI-driven blockchain security solutions
– Use decentralized autonomous organizations for AI governance
– Implementation of AI-enhanced consensus mechanisms
– Cross-industry applications of blockchain AI
What Are The Segments Of The Global Blockchain AI Market?
1) By Technology:
– Computer Vision
– Machine Learning (ML)
– Natural Language Processing (NLP)
– Other Technologies
2) By Vertical:
– BFSI
– Telecom And IT
– Healthcare And Life Science
– Manufacturing
– Media And Environment
– Automotive
– Other Verticals
3) By Application:
– Smart Contract
– Payment
– Data Security
– Logistics And Supply Chain Management
– Business Process Optimization
– Other Applications
Which Region Leads The Blockchain AI Market?
North America held a commanding lead in the blockchain AI market in 2024, while Asia-Pacific is expected to witness the quickest growth in the forecast period. Other regions covered include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Blockchain AI Market Global Market Report?
– Market Size Analysis: Analyze the Blockchain AI Market size by key regions, countries, product types, and applications.
– Market Segmentation Analysis: Identify various subsegments within the Blockchain AI Market for effective categorization.
– Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
– Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
– Market Contribution: Evaluate contributions of different segments to the overall Blockchain AI Market growth.
– Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
– Industry Challenges: Analyze challenges and risks affecting the Blockchain AI Market.
– Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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This release was published on openPR.