Blockchain AI Market is anticipated to grow further till USD 2726.7 million, at a CAGR of 25.3% during 2023-2032

The global blockchain AI market was valued at USD 285.7 million in 2022 and it is anticipated to grow further till USD 2726.7 million by 2032, at a CAGR of 25.3% during the forecast period.

Blockchain AI is a new type of AI that uses blockchain technology to store and manage data. With blockchain AI, data is stored in a decentralized way, making it more secure and efficient. Blockchain AI also allows for more transparency and accountability, as all data is stored on a public ledger.

To Remain 'Ahead' Of Your Competitors, Request for A Sample: https://www.globalinsightservices.com/request-sample/GIS21598

Market Driver and Trends:

There are a few key drivers of the Blockchain AI market. Firstly, the increasing adoption of blockchain technology in various industries is driving the market growth. Blockchain is being used in a wide range of industries such as healthcare, supply chain, banking, and others. This is because of the various advantages offered by blockchain such as transparency, immutability, and security.

Secondly, the increasing use of artificial intelligence in various applications is also driving the market growth. AI is being used in various applications such as chatbots, predictive analytics, and others. This is because AI offers various benefits such as increased accuracy, efficiency, and others.

Read more about Blockchain AI Market here: https://www.globalinsightservices.com/reports/blockchain-ai-market/

Market Segments:

By Component:
• Software
• Services

By Application:
• Payment & Settlement
• Data Security
• Data Sharing & Communications
• Asset Tracking & Management
• Others

By Organization Size:
• Large Enterprises
• Small & Medium Enterprises (SMEs)

Get Customized Report as Per Your Requirement: https://www.globalinsightservices.com/request-customization/GIS21598

COVID-19 Impact:

The worldwide COVID-19 scenario has had a huge impact on the blockchain AI sector. The COVID-19 problem is posing unprecedented challenges to the world economy and is having an impact on millions of people due to its devastating effects on health, families, and financial stability. For instance, the COVID-19 pandemic was declared a global pandemic by the World Health Organization (WHO) in March 2020, placing some nations under lockdown. Since governments around the world have imposed lockdowns as a result of the COVID-19 outbreak, commercial activity has been significantly reduced. As a result, customers' dependence on internet enterprises to deliver essential services has increased significantly. Due to the data confidentiality and resilience that blockchain AI offers, this element has raised the necessity for it.

Major Players in the Global Blockchain AI Market:

The key players studied in the report are Figure Technologies, Cyware Labs, Bitfury Group Limited, NetObjex, Fetch.ai, IBM, AlphaNetworks, Bext360, Blackbird.AI, BurstIQ and Chainhaus among others.

For In-Depth Competitive Analysis, Purchase this Report: https://www.globalinsightservices.com/checkout/single_user/GIS21598

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

This release was published on openPR.