Global AI in Blockchain Market by Type (Platform/Tools, Services), By Application (BFSI, Automotive, Healthcare and Life Sciences, Manufacturing, Media and Entertainment, Telecommunications and IT, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global AI in blockchain market is expected to grow at a CAGR of 31.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for AI-enabled blockchain platforms and tools, and services across different industries. The application areas of AI in blockchain include BFSI, automotive, healthcare and life sciences, manufacturing, media and entertainment, telecommunications and IT, among others. North America is expected to hold the largest share of the global AI in blockchain market during the forecast period followed by Europe.



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Product Definition:

Artificial intelligence (AI) is the capability of a computer system to learn and work on its own.

-Automatic problem solving: By using machine learning algorithms, computers can learn how to solve problems on their own. This can be used for anything from optimizing cryptocurrency mining strategies to automatically detecting and preventing fraudulent activity on a blockchain network.

-Data analysis: With so much data being generated by blockchains every day, it’s important that there be ways to analyze all that data effectively. AI can help with this by automating the process of data analysis and helping identify trends and patterns that would otherwise go unnoticed.

Platform/Tools:

The global market size was valued at USD 6.86 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 26.4% from 2019 to 2025. The growth can be attributed to the increasing adoption of Artificial Intelligence (AI) technology for various applications such as automation, fraud detection, digital marketing, and others across different industry verticals globally.

Services:

The services are used in AI in blockchain market for data extraction, transformation and loading. The extracted data is then used by the service providers to train the machine learning models. The model is deployed on the cloud where it can be accessed by multiple users over a network. It helps companies to analyze large volumes of data with high speed and accuracy which further helps them make better business decisions.

Application Insights:

The Banking, Financial Services and Insurance (BFSI) sector is expected to emerge as the dominant segment over the forecast period. The BFSI sector has a huge application in processing payments, trading assets and liabilities of various banks across different industries. With the growing adoption of AI in banking services such as fraud detection, customer profiling, and monitoring transactions; it is anticipated to boost industry growth over the coming years.

The manufacturing industry can also be considered as one of the prominent users of AI with its applications ranging from predictive maintenance to automated production lines. The implementation of smart tools such as vision-based inspection systems for factories enables manufacturers to optimize their asset utilization while increasing productivity at reduced costs. This factor is anticipated to fuel market growth during future years.

Regional Analysis:

The North American regional market accounted for the largest share in 2017 and is expected to maintain its dominance over the forecast period. The growth can be attributed to increasing investments by prominent players in building advanced solutions on top of AI-blockchain platforms, such as IBM’s cloud platform Bluemix and Microsoft’s Azure. In addition, growing adoption of emerging technologies across various sectors, including manufacturing, healthcare & life sciences, retail & e-commerce among others is anticipated to drive demand for AI-blockchain solutions over next eight years.

Asia Pacific region is projected to exhibit a high CAGR during the forecast period owing to increasing government initiatives pertaining towards development of digital economy coupled with rising awareness about new technologies such as artificial intelligence (AI) and machine learning (ML). These factors are expected drive demand for deep learning based applications that require processing power greater than traditional computers can provide thereby creating opportunities for vendors operating in this space.

Growth Factors:

Increasing demand for AI-enabled blockchain platforms for faster and more secure transactions.
Proliferation of AI-based dApps that offer enhanced user experience and scalability.
Growing number of investors who are bullish on the potential of AI in blockchain market.


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Scope Of The Report
Report Attributes
Report Details
Report Title
AI in Blockchain Market Research Report
By Type
Platform/Tools, Services
By Application
BFSI, Automotive, Healthcare and Life Sciences, Manufacturing, Media and Entertainment, Telecommunications and IT, Others
By Companies
Workdone Inc, WealthBlock.AI, LLC, Vytalyx Ltd, Verisart, Inc., Talla Inc, Stowk Inc, SoluLab, ScienceSoft, Ripple Labs Inc., Primafelicitas Ltd, Neurochain Tech, NetObjex, Inc., Labrys, HARA, Gainfy, Fetch.ai, Cyware Labs Inc., Core Scientific, Inc, CoinGenius, Chainhaus, BurstIQ, LLC, Blaize, Blackbird.AI, Bext Holdings Inc., AlphaNetworks
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.

Global AI in Blockchain Market Report Segments:
The global AI in Blockchain market is segmented on the basis of:
Types
Platform/Tools, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Automotive, Healthcare and Life Sciences, Manufacturing, Media and Entertainment, Telecommunications and IT, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Workdone Inc
WealthBlock.AI, LLC
Vytalyx Ltd
Verisart, Inc.
Talla Inc
Stowk Inc
SoluLab
ScienceSoft
Ripple Labs Inc.
Primafelicitas Ltd
Neurochain Tech
NetObjex, Inc.
Labrys
HARA
Gainfy
Fetch.ai
Cyware Labs Inc.
Core Scientific, Inc
CoinGenius
Chainhaus
BurstIQ, LLC
Blaize
Blackbird.AI
Bext Holdings Inc.
AlphaNetworks



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Highlights of The AI in Blockchain Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Platform/Tools
Services
By Application:
BFSI
Automotive
Healthcare and Life Sciences
Manufacturing
Media and Entertainment
Telecommunications and IT
Others
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the AI in Blockchain Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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