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Dublin, November 20, 2020 (GLOBE NEWSWIRE) – The “Blockchain AI market by technology (ML and NLP), component (platform / tools and services), distribution mode, organization size, application (smart contracts, payments and resources Tracking ), vertical (BFSI, Automotive and Media) and Region – Global Forecast to 2025 “was added to the report ResearchAndMarkets.com’s offer.
The size of the global blockchain AI market is expected to grow from USD 228 million in 2020 to USD 703 million by 2025, with a CAGR of 25.3% during the forecast period.
By component, the services segment will grow at a higher CAGR during the forecast period
The service segment includes various services required to deploy, run and maintain the blockchain AI platform in an organization. These services include technology consulting and consulting, systems integration and distribution, support and maintenance. As the adoption of the blockchain AI platform increases, the demand for these services is expected to grow. Infosys High Tech practice enables manufacturers, microprocessors, and system-on-chip products to achieve operational efficiencies by leveraging the synergies between AI and blockchain technologies. The services segment has experienced tremendous growth in recent years. Therefore, the services segment records the highest growth rate during the forecast period.
By application, the data security segment records the highest growth rate during the forecast period
Merging AI with blockchain can not only increase operational efficiency, but also ensure a more secure environment. Artificial intelligence helps users understand and analyze voluminous data; however, there are chances of hacking or data loss. Blockchain-based AI technology provides a decentralized database that protects AI-related data, which results in increased security and fast, transparent operations. Rapid advances in technologies have posed data security challenges to organizations. Therefore, there is a significant adoption of data security applications around the world.
Asia Pacific records the highest growth rate during the forecast period
Asia Pacific (APAC) has seen an advanced and dynamic adoption of new technologies and is expected to record the highest CAGR in the global Blockchain AI market during the forecast period. APAC constitutes the major economies, such as China, Japan and Singapore, which are expected to experience high growth rates in the Blockchain AI market. Industries such as financial institutions, healthcare and life sciences, telecommunications and IT, manufacturing, automotive, media and entertainment are expected to adopt blockchain AI solutions at the highest rate in the region. Companies operating in APAC would benefit from flexible economic conditions, industrialized-motivated policies, political transformation and increasing digitization, which should have a significant impact on the business community.
Key topics covered:
1. Introduction
2 Research methodology
3 Executive summary
4 Premium Insights
4.1 Attractive Opportunities in the Blockchain AI Market
4.2 Market, by technology, 2020 vs. 2025
4.3 Market, by component, 2020 vs. 2025
4.4 Market, by service, 2020 vs. 2025
4.5 Blockchain AI Market, by Distribution Mode, 2020 vs. 2025
4.6 Market, by organization size, 2020 vs. 2025
4.7 Market, by application, 2020 vs. 2025
4.8 Market, by vertical, 2020-2025
4.9 Market investment scenario
5 Market overview
5.1 Market dynamics
5.1.1 Driver
5.1.1.1 AI Blockchain technologies enable data monetization
5.1.1.2 Growing demand for intelligent virtual assistants
5.1.1.3 Simplification of processes together with transparency, accountability and immutability
5.1.2 Restrictions
5.1.2.1 Limited number of Blockchain AI experts
5.1.2.2 Uncertain regulatory and compliance environment
5.1.3 Opportunity
5.1.3.1 Improved acceptance of cloud-based security solutions
5.1.3.2 Growing demand for real-time data analytics, increased visibility and proactive maintenance
5.1.3.3 Growing number of partnerships and acquisitions in the market
5.1.4 Challenges
5.1.4.1 Decentralization and control of data to prevent the violation of privacy
5.1.4.2 Improvement of operational efficiency in the manufacturing industry
5.2 Market dynamics driven by COVID-19
5.2.1 Drivers and opportunities
5.2.2 Restrictions and Challenges
5.3 Industry Trends
5.4 Analysis of the value chain
5.5 Blockchain AI Ecosystem
5.6 Blockchain associations and consortia
5.6.1 Enterprise Ethereum Alliance
5.6.2 Hyperledger Consortium
5.6.3 Global Blockchain Business Council
5.6.4 Blockchain Collaborative Consortium
5.6.5 R3Cev Blockchain Consortium
5.6.6 Continuously linked settlement group
5.6.7 Steering Group for Global Payments
5.6.8 Shenzhen Blockchain Financial Consortium
5.6.9 Culedger
5.6.10 Wall Street Blockchain Alliance
5.6.11 Other Blockchain Associations
5.7 Steps involved in implementing Blockchain technology
5.8 Technological analysis
5.8.1 Big Data Analysis
5.8.2 Internet of Things
5.8.3 Cloud
5.8.4 Other technologies
5.9 Analysis of patents
5.9.1 AI Blockchain Patents
5.10 Use cases
5.11 Adjacent Markets
6 Blockchain AI market, by technology
6.1 Introduction
6.2 Automatic learning
6.2.1 Machine learning: market driver
6.2.2 Deep learning
6.2.3 Supervised learning
6.2.4 Learning without supervision
6.2.5 Reinforcement learning
6.2.6 Generative Adversarial Networks
6.2.7 Other Machine Learning Technologies
6.3 Natural language processing
6.3.1 Natural Language Processing: Drivers of the AI Blockchain Market
6.4 Context sensitive calculation
6.4.1 Context-sensitive calculation: market driver
6.5 Computer vision
6.5.1 Machine vision: market driver
7 Blockchain AI market, by component
7.1 Introduction
7.2 Platform / Tools
7.2.1 Platform / Tools: Market Driver
7.3 Services
7.3.1 Services: market factors
7.3.2 Consulting
7.3.3 System integration and deployment
7.3.4 Support and maintenance
8 Blockchain AI Market, by distribution method
8.1 Introduction
8.2 Cloud
8.2.1 Cloud: market driver
8.3 Local
8.3.1 In-house: market development factors
9 Blockchain AI market, by organization size
9.1 Introduction
9.2 Large companies
9.2.1 Large companies: market drivers
9.3 Small and medium-sized enterprises
9.3.1 Small and medium-sized enterprises: market drivers
10 Blockchain AI Market, by application
10.1 Introduction
10.2 Smart Contracts
10.2.1 Smart contracts: market drivers
10.3 Payment and settlement
10.3.1 Payments and settlement: market drivers
10.4 Data security
10.4.1 Data Security: Drivers of the AI Blockchain Market
10.5 Sharing / communication of data
10.5.1 Sharing / communication of data: market driver
10.6 Monitoring and management of resources
10.6.1 Monitoring and management of resources: market drivers
10.7 Logistics and supply chain management
10.7.1 Logistics and supply chain management: market drivers
10.8 Optimization of business processes
10.8.1 Optimization of business processes: market drivers
10.9 Other applications
11 Blockchain AI Market, by Vertical
11.1 Introduction
11.2 Banks, financial services and insurance
11.2.1 Banking, financial services and insurance: market drivers
11.3 Telecommunications and It
11.3.1 Telecommunications and IT: market drivers
11.4 Health and life sciences
11.4.1 Health and Life Sciences: Drivers of the AI Blockchain Market
11.5 Production
11.5.1 Manufacturing: market driver
11.6 Media and Entertainment
11.6.1 Media and entertainment: market drivers
11.7 Automotive
11.7.1 Automotive: market driver
11.8 Other verticals
12 Blockchain AI Market by Region
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia-Pacific
12.5 Rest of the world
13 Competitive landscape
13.1 Introduction
13.2 Market Scoreboard
13.3 Key Strategies for Players / Right to Win
13.3.1 Overview of strategies implemented by key AI blockchain vendors
13.4 Evaluation matrix for startups / SMEs, 2020
13.4.1 Progressive societies
13.4.2 Reactive companies
13.4.3 Dynamic companies
13.4.4 Starting blocks
13.5 Ranking of key startups in the Blockchain AI market, 2020
14 Company Profiles
14.1 Introduction
14.2 Blockchain AI
14.3 Alphanumeric networks
14.4 Bext360
14.5 Burstiq
14.6 Coingenius
14.7 Core Scientific
14.8 Cyware Labs
14.9 Fetch.AI
14.10 Figure
14.11 Finals
14.12 Netobjex
14.13 Neurochain Tech
14.14 Singularitynet
14.15 Synapse AI
14.16 Via
14.17 Wealthblock.AI
14.18 Blackbird.AI
14.19 Chainhaus
14.20 Calculable
14.21 Liveedu
14.22 Gainfy
14.23 Hannah Systems
14.24 Mobs
14.25 Numerai
14.26 Stowk
14.27 Dimensions
14.28 Verisart
14.29 Vytalyx
14.30 Work done
15 Adjacent market
16 Appendix
16.1 Discussion Guide
16.2 Knowledge Store: subscription portal
16.3 Customizations available
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