Blockchain and artificial intelligence both are advanced
technologies which are in trend these days. Scientists are experimenting to integrate
both the technologies to bring an enormous change in the market. Blockchain is
the decentralized ledger utilized to record encrypted data, on the other hand
artificial intelligence works as the brain to take decisions based on the data gathered.
Furthermore, the emergence of machine learning and AI into blockchain is projected
to help computers handle the data in various ways owing to which the
possibilities of getting positive results increase. The escalating demand for
accessing and handling data efficiently is responsible for the growth of the
blockchain AI market. Presently, most of the work has been digitalized and is often
stored on the cloud, which is accessed and handled by blockchain AI. Blockchain
AI convergence is unpreventable because both the technology deals with data and
value. Blockchain facilitates secure storage and sharing of data on the other
hand, artificial intelligence can analyze and produce insights from data to
generate value. For instance, Gainify is a healthcare platform which leverages
AI, IoT devices, and blockchain and enables various tasks such as streamlining
appointment scheduling, identity verification, digital payments, medical
records management and others. It also enables monetization of unknown clinical
data through a crypto payment system. The advantages of the deployment of
blockchain AI in the process surged its demand and thereby contributed to the blockchain
AI market growth. Apart from this, the inadequate
blockchain AI expert will limit the market growth.
Moreover, the rising investment in blockchain AI technology
by enterprises is regarded as an emerging trend in the blockchain AI market. In addition business
processes such as logistics and supply chain management and payment &
settlements are inclined towards the deployment of the new technology. Supply
chain management captures the lead over the others as the leading players are incurred
in developing blockchain AI interface which is projected to help in managing several
complicated supply chain management system. The growth in application of
blockchain AI solutions by several enterprise leads to the growth of the blockchain
AI market. Moreover, increase in the acceptance of cloud-based security
solutions and increasing number of partnerships and acquisitions in the
blockchain AI market will create lucrative opportunities for the market growth.
The
global Blockchain AI Market is segregated on the basis of Component as Software
and Services. Based on Deployment Model the global Blockchain AI Market is
segmented in On-premises and Cloud. Based on Enterprise Size the global Blockchain
AI Market is segmented in Large Enterprises and Small & Medium Enterprises.
Based on Application the global Blockchain AI Market is segmented in Payment
& Settlement, Data Security, Data Sharing & Communications, Asset
Tracking & Management and Others. Based on End User the global Blockchain
AI Market is segmented in BFSI, IT & Telecom, Manufacturing, Healthcare and
Others.
The
global Blockchain AI Market report provides geographic analysis covering
regions, such as Europe, North America, Asia Pacific, and Rest of The World.
The Blockchain AI Market for each region is further segmented for major
countries including the U.S., Canada, Germany, the U.K., France, Italy, China,
India, Japan, Brazil, South Africa, and others.
Competitive Analysis
NetObjex,
Fetch.ai, Ai-Blockchain, Figure Technologies, LiveEdu and others are among the
major players in the global Blockchain AI Market. The companies studied in
terms of product strategy and various n several growth and expansion strategies
to gain a competitive edge in the market. The major players not only follow
value chain integration with business operations in multiple stages of the
value chain.
- In
September 2020, Cyware collaborated with Cofense Intelligence, the partnership
will enable users to incorporate high-fidelity, human-verified phishing threat
intelligence data from Cofense into Cyware's threat intelligence platform,
CTIX.
- In August
2020, Fetch.ai made a partnership with Waves. The partnership is intended to conduct
joint R&D activities to drive increased multi-chain capabilities to
Fetch.ai’s system of Autonomous Economic Agents (AEAs).
The global Blockchain AI Market has been segmented
as below:
Blockchain
AI Market, By Component
Blockchain
AI Market, By Deployment Model
Blockchain
AI Market, By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
Blockchain
AI Market, By Application
- Payment & Settlement
- Data Security
- Data Sharing & Communications
- Asset Tracking & Management
- Others
Blockchain
AI Market, By End User
- BFSI
- IT & Telecom
- Manufacturing
- Healthcare
- Others
Blockchain
AI Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
Blockchain
AI Market, By Company
- NetObjex
- Fetch.ai
- Ai-Blockchain
- Figure Technologies
- LiveEdu
- Cyware Labs
- Core Scientific
- AlphaNetworks
- Bext360
- Blackbird.AI
- SingularityNET
- Synapse AI
- Talla
- Verisart
- VIA
- Vytalyx
- BurstIQ
- Chainhaus
- CoinGenius
- Wealthblock.AI
- Numerai
- Computable
- Finalze
- Neurochain Tech
The
report covers the below scope:
- Global Blockchain AI Market sizes
from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2019 vs
2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
- Global Blockchain AI Market trends,
covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering
participants from raw material suppliers to the downstream buyer in the global Blockchain
AI Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The
years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
Report
Scope:
The global Blockchain AI Market report scope
includes detailed study covering underlying factors influencing the industry
trends. The report covers analysis on regional and country level market
dynamics. The scope also covers competitive overview providing company market
shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares
and profiles key participants in the global Blockchain AI Market share. Major
industry players with significant revenue share include NetObjex,
Fetch.ai, Ai-Blockchain, Figure Technologies, LiveEdu and others.
Why to
Buy this Report:
- Gain detailed insights on the Blockchain AI
industry trends
- Find complete analysis on the
market status
- Identify the Blockchain AI Market
opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and
industry dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial
Institutions
Free
and Paid Customization based on the requirement