Blockchain AI Market : Segmented by deployment mode (Cloud and on-premises); by industry vertical (BFSI, Automotive, & Media) and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030
Global Blockchain AI market to surpass USD 1.3 billion by 2030 from USD 279 million in 2020 at a CAGR of 20.4% in the coming years, i.e., 2021-30. Product Overview Without any automation manage... もっと見る
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SummaryGlobal Blockchain AI market to surpass USD 1.3 billion by 2030 from USD 279 million in 2020 at a CAGR of 20.4% in the coming years, i.e., 2021-30.Product Overview Without any automation management and human interaction, Blockchain AI communication allows devices to communicate simply with each other. A wide range of industries including energy and utilities, healthcare, manufacturing, and others benefit from these communication platforms by delivering dependable and cost-effective remote management, connectivity, and hardware communication solutions. Its main means of communication is through machine to machine (M2M), which aids humans in a variety of ways. In order to take advantage of higher coverage and reduced network launch costs for M2M devices, many of them are now using cellular networks. A mobile phone's dynamic protocol stack, high power consumption, and high cost make machine terminals similar to mobile phones. Market Highlights Global Blockchain AI Market is expected to project a notable CAGR of 24.4% in 2030. The adoption of new technology is favored in business processes such as logistics and supply chain management, as well as payment and settlements. Supply chain management takes the lead over the competition because key firms are working on a blockchain AI interface that will aid in the management of many complex supply chain management systems. The market is growing due to the increased adoption of blockchain AI solutions by various businesses. Global Blockchain AI market: Segments Cloud segment to grow with the highest CAGR during 2020-30 Global Blockchain AI Market is segmented by deployment model into Cloud and on-premises. For the industry’s Blockchain AI, cloud is mainly the preferred option because it makes it easy to operate, saves costs, and facilitates flexibility. In addition, marketing initiatives from leading solutions providers has helped create cloud as a viable and seamless deployment alternative amongst traditionally viewed industries. The cloud deployment model allows consistency in operations and fast real-time implementation for enterprises. This is the reason why cloud Blockchain AI applications gain greater popularity than on-premises applications in global enterprises. It also offers a range of advantages including reduced running cost, quick deployment, and greater connected resources scalability. BFSI segment to grow with the highest CAGR during 2020-30 Global Blockchain AI market is divided by industry vertical into BFSI, Automotive, & Media. The BFSI sector is focusing on important technologies that help customers secure transactions. Furthermore, by harnessing the potential of both AI and blockchain solutions, the technology change from centralized infrastructure management to a distributed ecosystem is opening the way for new business models in payments, online banking, and financial transaction technologies. As separate solutions, blockchain and AI address different financial concerns, but they may also be used to improve numerous business operations in the financial industry, making it smarter and more effective. As a result, BFSI has the fastest growth rate over the anticipated period. Market Dynamics Drivers Data monetization Smaller businesses would be able to access AI and advanced blockchain thanks to data monetization. For enterprises that do not control data sets, the developing and increasing AI technology is expensive. A decentralized market would make room for such businesses where it would otherwise be prohibitively expensive. As a result, Blockchain AI is the ultimate enabler of data monetization, which is projected to be one of the blockchain AI market's key driving forces. Management of Supply Chain The adoption of new technology is favored in business processes such as logistics and supply chain management, as well as payment and settlements. Supply chain management takes the lead over the competition because key firms are working on a blockchain AI interface that will aid in the management of many complex supply chain management systems. The market is growing due to the increased adoption of blockchain AI solutions by various businesses. Restraint Lack of knowledge and technical know-how Blockchain AI is a complicated system, and enterprises need a workforce with specific skill sets to create, manage, and implement Blockchain AI systems. The Blockchain AI technology is still in its infancy. This technology has numerous advantages; yet, despite the fact that many Blockchain AI solution suppliers have entered the market, blockchain adoption is still lacking. Businesses that use this technology will require highly trained personnel with extensive knowledge of blockchain AI applications. Global Blockchain AI market: Key Players Figure Technologies (US) Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis Cyware Labs (US) Core Scientific (US) NetObjex (US) Fetch.ai (UK) Ai-Blockchain (US) AlphaNetworks (US) Bext360 (US) Blackbird.AI (US) BurstIQ (US) Chainhaus (US) CoinGenius (US) Other Prominent Players Global Blockchain AI market: Regions Global Blockchain AI Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global Blockchain AI market in APAC held the largest market share of XX% in the year 2020. Asia Pacific (APAC) has seen advanced and rapid adoption of new technologies, and the worldwide Blockchain AI market is predicted to grow at the fastest rate throughout the forecast period. APAC is made up of key markets like China, Japan, and Singapore, all of which are likely to have rapid expansion in the Blockchain AI industry. Financial institutions, healthcare, and life sciences, telecom and IT, manufacturing, automotive, media, and entertainment are projected to embrace Blockchain AI solutions at the fastest rate in the region. Global Blockchain AI market is further segmented by region into: North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA Global Blockchain AI market report also contains analysis on: Blockchain AI market Segments: By Deployment Type Cloud on-premises By Application BFSI Automotive Media Blockchain AI market Dynamics Blockchain AI market Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies Involved in the Market Value Chain of the Market Market Drivers and Restraints Blockchain AI Market Report Scope and Segmentation Report Attribute Details Market size value in 2021 USD 279 million Revenue forecast in 2030 USD 1.3 billion Growth Rate CAGR of 24.4% from 2021 to 2030 Base year for estimation 2020 Quantitative units Revenue in USD million and CAGR from 2021 to 2030 Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends Segments covered End-user, deployment, and Region Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa (MEA) Key companies profiled Figure Technologies (US), Cyware Labs (US), Core Scientific (US), NetObjex (US), Fetch.ai (UK), Ai-Blockchain (US), AlphaNetworks (US), Bext360 (US), Blackbird.AI (US), BurstIQ (US), Chainhaus (US), CoinGenius (US), Computable (US), Finalize (US), Gainfy (US), Hannah Systems (US), LiveEdu (UK), Mobs (US), Other Prominent Players. Frequently Asked Questions How big is the Blockchain AI Market? What is the Blockchain AI Market growth? Which segment accounted for the largest Blockchain AI Market share? Who are the key players in the Blockchain AI Market? What are the factors driving the Blockchain AI Market? Table of ContentsContents1. Executive Summary 2. Global Blockchain AI Market 2.1. Product Overview 2.2. Market Definition 2.3. Segmentation 2.4. Assumptions and Acronyms 3. Research Methodology 3.1. Research Objectives 3.2. Primary Research 3.3. Secondary Research 3.4. Forecast Model 3.5. Market Size Estimation 4. Average Pricing Analysis 5. Macro-Economic Indicators 6. Market Dynamics 6.1. Growth Drivers 6.2. Restraints 6.3. Opportunity 6.4. Trends 7. Correlation & Regression Analysis 7.1. Correlation Matrix 7.2. Regression Matrix 8. Recent Development, Policies & Regulatory Landscape 9. Risk Analysis 9.1. Demand Risk Analysis 9.2. Supply Risk Analysis 10. Global Blockchain AI Market Analysis 10.1. Porters Five Forces 10.1.1. Threat of New Entrants 10.1.2. Bargaining Power of Suppliers 10.1.3. Threat of Substitutes 10.1.4. Rivalry 10.2. PEST Analysis 10.2.1. Political 10.2.2. Economic 10.2.3. Social 10.2.4. Technological 11. Global Blockchain AI Market 11.1. Market Size & forecast, 2020A-2030F 11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12. Global Blockchain AI Market: Market Segmentation 12.1. By Regions 12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2. By deployment: Market Share (2020-2030F) 12.2.1. Cloud, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.2. on-premises, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3. By industry vertical: Market Share (2020-2030F) 12.3.1. BFSI, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.2. Automotive, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.3. Media, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 13. Company Profile 13.1. Figure Technologies (US) 13.1.1. Company Overview 13.1.2. Company Total Revenue (Financials) 13.1.3. Market Potential 13.1.4. Global Presence 13.1.5. Key Performance Indicators 13.1.6. SWOT Analysis 13.1.7. Product Launch 13.2. Cyware Labs (US) 13.3. Core Scientific (US) 13.4. NetObjex (US) 13.5. Fetch.ai (UK) 13.6. Ai-Blockchain (US) 13.7. AlphaNetworks (US) 13.8. Bext360 (US) 13.9. Blackbird.AI (US) 13.10. BurstIQ (US) 13.11. Chainhaus (US) 13.12. CoinGenius (US) 13.13. Other Prominent Players Consultant Recommendation **The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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