Global Artificial Intelligence for Blockchains 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 artificial intelligence for blockchains market is expected to grow at a CAGR of 33.8% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for AI-based platforms and tools, and services across different industries. Additionally, the growing adoption of blockchain technology in various applications is also contributing to the growth of this market. The global artificial intelligence for blockchains market by type is segmented into platform/tools and services. The platform/tools segment is further sub-segmented into standalone platforms and integrated platforms. The standalone platforms segment dominated the global artificial intelligence for blockchains market in 2017, owing to its ability to provide comprehensive solutions for businesses looking to adopt blockchain technology.



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Product Definition:

Artificial Intelligence (AI) is a process of programming a computer to make decisions for itself. This can be done through a number of methods, including but not limited to: machine learning, natural language processing, and predictive modelling.

One of the key advantages that AI brings to blockchains is its ability to automate decision-making processes. For example, an AI system could be used to automatically determine whether or not a proposed change in the blockchain should be implemented. This would save time and resources by eliminating the need for human involvement in this process. Additionally, AI can also be used for tasks such as fraud detection and security monitoring.

Platform/Tools:

The global market size for platform/tools, it's usage and growth factor in artificial intelligence for blockchains is expected to witness significant growth over the forecast period. The key drivers attributing to the high growth include increasing adoption of Artificial Intelligence (AI) and machine learning technologies by enterprises across different industry verticals such as healthcare, banking & finance, manufacturing among others.

Services:

The services are used to design, deploy and operate an application or a function in the cloud. It is also used for developing, testing & maintaining software applications. Services are autonomous; they do not require any human interaction other than management by a service operator or maintenance by the developer during its execution. The AI-based blockchain platform uses these services to execute smart contracts and store information on their blockchain network.

Application Insights:

The others application segment includes the use of artificial intelligence in non-blockchain industries such as healthcare, life sciences, manufacturing and media & entertainment. The growing adoption of blockchains across these sectors is expected to drive demand over the forecast period.

The banking, financial services, and insurance (BFSI) sector accounted for a significant share in 2017 owing to increasing applications such as fraud detection and risk management across various industries. Moreover, BFSI companies are at high potential risks of data breaches due to lack of security measures leading to huge losses if any fraud occurs. Artificial intelligence can help reduce these risks by detecting unusual patterns or behavior that may indicate fraudulent transactions or attacks on websites or systems using AI-based analytics platform which can be used for proactive rather than reactive monitoring thus reducing costs associated with investigations and audits while improving overall business efficiency.

Regional Analysis:

The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing investments by prominent players such as IBM Corporation; Google LLC; and Microsoft Corporation. For instance, in September 2017, IBM announced its collaboration with the government of Dubai to develop a new smart city’s infrastructure based on intelligent technologies including AI and cognitive computing.

The Asia Pacific region accounted for more than 35% of the total share in 2016 owing to increased adoption across emerging economies such as China and India. In July 2017, Huawei Technologies Co., Ltd., China's second-largest telecom equipment manufacturer after ZTE Corp., launched an artificial intelligence (AI) center called "Huawei Future Technology Center" headquartered in Shenzhen with an aim toward providing innovative services through artificial intelligence applications based on blockchains technology within three years from now.

Growth Factors:

Increasing demand for AI-enabled blockchain platforms for faster and more secure transactions.
Rising demand from the BFSI sector for AI-enabled blockchain platforms to streamline processes and reduce costs.
Proliferation of AI-based dApps that are fuelling the growth of the artificial intelligence for blockchains market.
Growing number of partnerships between AI solution providers and blockchain platform providers to develop innovative applications using artificial intelligence and blockchain technology 5 Increased venture capital investments in startups working on developing artificial intelligence for blockchains solutions


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Scope Of The Report
Report Attributes
Report Details
Report Title
Artificial Intelligence for Blockchains 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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.

Global Artificial Intelligence for Blockchains Market Report Segments:
The global Artificial Intelligence for Blockchains 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 Artificial Intelligence for Blockchains 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 Artificial Intelligence for Blockchains 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
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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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