Blockchain AI Market
Global Blockchain AI Market Size, Share & Trends Analysis Report by Component (Software and Services), by Deployment Model (On-Premises and Cloud-Based), by Technology (Machine Learning (ML), Natural Language Processing (NLP), Computer Vision, and Others), by Application (Payment & Settlement, Data Security, Data Sharing and Communication, Asset Tracking & Management, Logistics & Supply chain Management, and Others), and by End-User (BFSI, IT & Telecom, Automotive, Manufacturing, Healthcare, and Others) Forecast Period (2022-2028)
The global blockchain AI market is anticipated to grow at a significant CAGR of 24% during the forecast period. NLP applications are used for different purposes such as data mining, document summarization, text classification, and sentiment analysis. The increasing demand for natural language processing (NLP) among companies is fueling the growth of the market. For instance, in April 2022, the Technology Innovation Institute (TII), a global research center and applied research pillar of Abu Dhabi’s Advanced Technology Research Council launched NOOR, the largest Arabic NLP model to date across the globe. The NOOR model can carry out tasks beyond the domain of languages, such as offering end-to-end pipeline high-quality data, including crawling, filtering, and curation at scale. The model facilitates extreme-scale distributed training and serves – to deliver applications with efficient inference and model specialization.
Impact of COVID-19 Pandemic on Global Blockchain AI Market
Due to the COVID-19 pandemic, each country has been affected, and had a significant effect on human lives and economical activities. Manufacturing firms and supply chain & logistics had faced serious disruptions. Several enabling technologies are currently being used as key strategies in creating improvements and responses to the difficulties created by the pandemic and blockchain is one of these solution proposals. Within this scenario, this work aims to study and analyze how blockchain technology can support struggling against the COVID-19 pandemic through a systematic implementation of solutions.
Segmental Outlook
The global blockchain AI market is segmented based on the component, deployment model, technology, application, and end-user. Based on the component, the market is divided into solutions and services. Based on the deployment model, the market is bifurcated into the on-premises and cloud. Based on the technology, the market is sub-segmented into ML, NLP, computer vision, and others. based on the application, the market is further segmented into payment & settlement, data security, data sharing & communications, asset tracking & management, logistics & supply chain management, and others. based on the end-user, the market is augmented into the BFSI, IT & Telecom, automotive, manufacturing, healthcare, and others. The above-mentioned segments can be customized as per the requirements. The automotive segment is expected to show a considerable growth rate over the forecast period. As the automotive industry is moving toward self-driving, connected, and electrified vehicles (EVs), blockchain AI may provide another way to maximize the benefits of these technologies. The most appropriate use cases appear to be supply chain, financial services, and the safe, secure sharing of driver or rider data.
Global Blockchain AI Market Share by End-User, 2021 (%)
The BFSI Segment is Expected to Hold a Significant Share in the Global Blockchain AI Market
Among the end-user segment, the BFSI segment is expected to hold a significant share during the forecast. Banking and other financial institution are leveraging these technologies to secure transactions for customers and enhance customer experience. Banks and financial institutions have been the first to realize the advantages of AI in helping them understand and forecast the demands of customers, while also making substantial cost savings. Blockchain AI is used by banks and other financial institutions for collecting and interpreting data, analyzing it, and learning from it to improve their decision-making.
Regional Outlooks
The global blockchain AI market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Europe region is expected to hold a remarkable share in the blockchain AI market during the forecast, due to the presence of AI-driven blockchain providers in the region. The companies are focusing on developing and investing in AI blockchain technology, which will further positively drive the market.
Global Blockchain AI Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold the Considerable Share in the Global Blockchain AI Market
Among all regions, the Asia-Pacific region is expected to be the fastest-growing region during the forecast period, owing to increasing government initiatives in the region. For instance, India launched an AI initiative called "AI for All" in 2018. Through the National Institute for the Transformation of India (NITI Aayog). Moreover, The Ananta Centre, New Delhi, in collaboration with the Aspen Institute, USA, organized the second phase of the NextGen Network – AI workshop on 17 December 2020 in a closed-door, virtual roundtable.
Market Players Outlook
The major companies serving the global blockchain AI market include Alpha Networks, Inc., BurstIQ, LLC, Core scientific, Inc., Netobjex, Inc., NeuroChain tech, Stowk, Inc., Verisart Inc. Vytalyx, Inc., Wealthblock Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2022, HPE launched Swarm Learning using blockchain for AI, and machine learning. Typically machine learning runs on datasets stored in a central location. In recent years the concept of federated learning lets machine learning models run on decentralized datasets.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global blockchain AI market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1.Report Summary
- Current Industry Analysis and Growth Potential Outlook
- Impact of COVID-19 on the Global Blockchain AI Market
- Recovery Scenario of Global Blockchain AI Market
1.1.Research Methods and Tools
1.2.Market Breakdown
1.2.1.By Segments
1.2.2.By Region
2.Market Overview and Insights
2.1.Scope of the Report
2.2.Analyst Insight & Current Market Trends
2.2.1.Key Findings
2.2.2.Recommendations
2.2.3.Conclusion
3.Competitive Landscape
3.1.Key Company Analysis
3.1.1.Overview
3.1.2.Financial Analysis
3.1.3.SWOT Analysis
3.1.4.Recent Developments
3.2.Key Strategy Analysis
3.3.Impact of COVID-19 on Key Players
4.Market Segmentation
4.1.Global Blockchain AI Market by Component
4.1.1.Software
4.1.2.Services
4.2.Global Blockchain AI Market by Deployment Model
4.2.1.On-Premises
4.2.2.Cloud
4.3.Global Blockchain AI Market by Technology
4.3.1.Machine Learning (ML)
4.3.2.Natural Language Processing (NLP)
4.3.3.Computer Vision
4.3.4.Others (Context-Aware Computing)
4.4.Global Blockchain AI Market by Application
4.4.1.Payment & Settlement
4.4.2.Data Security
4.4.3.Data Sharing & Communications
4.4.4.Asset Tracking & Management
4.4.5.Logistics and supply chain management
4.4.6.Others (Smart contracts, Business process optimization)
4.5.Global Blockchain AI Market by End-User
4.5.1.BFSI
4.5.2.IT & Telecom
4.5.3.Automotive
4.5.4.Manufacturing
4.5.5.Healthcare
4.5.6.Others (Media & Entertainment, Education)
5.Regional Analysis
5.1.North America
5.1.1.United States
5.1.2.Canada
5.2.Europe
5.2.1.UK
5.2.2.Germany
5.2.3.Italy
5.2.4.Spain
5.2.5.France
5.2.6.Rest of Europe
5.3.Asia-Pacific
5.3.1.China
5.3.2.India
5.3.3.Japan
5.3.4.South Korea
5.3.5.Rest of Asia-Pacific
5.4.Rest of the World
6.Company Profiles
6.1.AIB Fund, Inc.
6.2.Alpha Networks, Inc.
6.3.Bext360
6.4.Blackbird.ai (SocialTrendly, Inc.)
6.5.BurstIQ, LLC
6.6.Chainhaus, Inc.
6.7.Core scientific, Inc.
6.8.Cyware Labs, Inc.
6.9.Fetch.AI Ltd.
6.10.Figure Technologies, Inc.
6.11.Gainfy Healthcare Network
6.12.Hannah systems
6.13.Netobjex, Inc.
6.14.NeuroChain tech
6.15.SingularityNET
6.16.Stowk, Inc.
6.17.Talla, Inc.
6.18.Verisart Inc.
6.19.Via Science, Inc.
6.20.Vytalyx, Inc.
6.21.Wealthblock Inc.
6.22.WorkDone
1.GLOBAL BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
2.GLOBAL SOFTWARE IN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3.GLOBAL SERVICES IN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4.GLOBAL BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2021-2028 ($ MILLION)
5.GLOBAL ON-PREMISES BASED BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6.GLOBAL CLOUD-BASED BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7.GLOBAL BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
8.GLOBAL MACHINE LEARNING IN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9.GLOBAL NATURAL LANGUAGE PROCESSING IN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10.GLOBAL COMPUTER VISION IN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11.GLOBAL OTHER TECHNOLOGY IN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12.GLOBAL BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
13.GLOBAL BLOCKCHAIN AI FOR PAYMENT AND SETTLEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14.GLOBAL BLOCKCHAIN AI FOR DATA SECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15.GLOBAL BLOCKCHAIN AI FOR DATA SHARING AND COMMUNICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16.GLOBAL BLOCKCHAIN AI FOR ASSET TRACKING AND MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17.GLOBAL BLOCKCHAIN AI FOR LOGISTICS AND SUPPLY CHAIN MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18.GLOBAL BLOCKCHAIN AI FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19.GLOBAL BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
20.GLOBAL BLOCKCHAIN AI FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
21.GLOBAL BLOCKCHAIN AI FOR IT & TELECOM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
22.GLOBAL BLOCKCHAIN AI FOR AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
23.GLOBAL BLOCKCHAIN AI FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
24.GLOBAL BLOCKCHAIN AI FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
25.GLOBAL BLOCKCHAIN AI FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
26.GLOBAL BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
27.NORTH AMERICAN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28.NORTH AMERICAN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
29.NORTH AMERICAN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2021-2028 ($ MILLION)
30.NORTH AMERICAN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
31.NORTH AMERICAN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
32.NORTH AMERICAN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
33.EUROPEAN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
34.EUROPEAN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
35.EUROPEAN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2021-2028 ($ MILLION)
36.EUROPEAN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
37.EUROPEAN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
38.EUROPEAN BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
39.ASIA-PACIFIC BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
40.ASIA-PACIFIC BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
41.ASIA-PACIFIC BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2021-2028 ($ MILLION)
42.ASIA-PACIFIC BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
43.ASIA-PACIFIC BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
44.ASIA-PACIFIC BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
45.REST OF THE WORLD BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
46.REST OF THE WORLD BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
47.REST OF THE WORLD BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2021-2028 ($ MILLION)
48.REST OF THE WORLD BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
49.REST OF THE WORLD BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
50.REST OF THE WORLD BLOCKCHAIN AI MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1.IMPACT OF COVID-19 ON GLOBAL BLOCKCHAIN AI MARKET, 2021-2028 ($ MILLION)
2.IMPACT OF COVID-19 ON GLOBAL BLOCKCHAIN AI MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3.RECOVERY OF GLOBAL BLOCKCHAIN AI MARKET, 2022-2028 (%)
4.GLOBAL BLOCKCHAIN AI MARKET SHARE BY COMPONENT, 2021 VS 2028 (%)
5.GLOBAL SOFTWARE IN BLOCKCHAIN AI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6.GLOBAL SERVICES IN BLOCKCHAIN AI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7.GLOBAL BLOCKCHAIN AI MARKET SHARE BY DEPLOYMENT MODEL, 2021 VS 2028 (%)
8.GLOBAL ON-PREMISES BLOCKCHAIN AI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9.GLOBAL CLOUD-BASED BLOCKCHAIN AI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10.GLOBAL BLOCKCHAIN AI MARKET SHARE BY TECHNOLOGY, 2021 VS 2028 (%)
11.GLOBAL MACHINE LEARNING IN BLOCKCHAIN AI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12.GLOBAL NATURAL LANGUAGE PROCESSING IN BLOCKCHAIN AI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13.GLOBAL COMPUTER VISION IN BLOCKCHAIN AI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14.GLOBAL OTHER TECHNOLOGY IN BLOCKCHAIN AI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15.GLOBAL BLOCKCHAIN AI MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
16.GLOBAL BLOCKCHAIN AI FOR PAYMENT AND APPLICATION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17.GLOBAL BLOCKCHAIN AI FOR DATA SECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18.GLOBAL BLOCKCHAIN AI FOR DATA SHARING AND COMMUNICATION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19.GLOBAL BLOCKCHAIN AI FOR ASSET TRACKING AND MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20.GLOBAL BLOCKCHAIN AI FOR LOGISTICS AND SUPPLY CHAIN MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21.GLOBAL BLOCKCHAIN AI FOR OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
22.GLOBAL BLOCKCHAIN AI MARKET SHARE BY END-USER, 2021 VS 2028 (%)
23.GLOBAL BLOCKCHAIN AI FOR BFSI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
24.GLOBAL BLOCKCHAIN AI FOR IT & TELECOM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
25.GLOBAL BLOCKCHAIN AI FOR AUTOMOTIVE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
26.GLOBAL BLOCKCHAIN AI FOR MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
27.GLOBAL BLOCKCHAIN AI FOR HEALTHCARE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
28.GLOBAL BLOCKCHAIN AI FOR OTHER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
29.GLOBAL BLOCKCHAIN AI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
30.US BLOCKCHAIN AI MARKET SIZE, 2021-2028 ($ MILLION)
31.CANADA BLOCKCHAIN AI MARKET SIZE, 2021-2028 ($ MILLION)
32.UK BLOCKCHAIN AI MARKET SIZE, 2021-2028 ($ MILLION)
33.FRANCE BLOCKCHAIN AI MARKET SIZE, 2021-2028 ($ MILLION)
34.GERMANY BLOCKCHAIN AI MARKET SIZE, 2021-2028 ($ MILLION)
35.ITALY BLOCKCHAIN AI MARKET SIZE, 2021-2028 ($ MILLION)
36.SPAIN BLOCKCHAIN AI MARKET SIZE, 2021-2028 ($ MILLION)
37.REST OF EUROPE BLOCKCHAIN AI MARKET SIZE, 2021-2028 ($ MILLION)
38.INDIA BLOCKCHAIN AI MARKET SIZE, 2021-2028 ($ MILLION)
39.CHINA BLOCKCHAIN AI MARKET SIZE, 2021-2028 ($ MILLION)
40.JAPAN BLOCKCHAIN AI MARKET SIZE, 2021-2028 ($ MILLION)
41.SOUTH KOREA BLOCKCHAIN AI MARKET SIZE, 2021-2028 ($ MILLION)
42.REST OF ASIA-PACIFIC BLOCKCHAIN AI MARKET SIZE, 2021-2028 ($ MILLION)
43.REST OF THE WORLD BLOCKCHAIN AI MARKET SIZE, 2021-2028 ($ MILLION)
