According to HTF Market Intelligence, the Global Blockchain AI market to witness a CAGR of 24.46% during forecast period of 2023-2028. The market is segmented by United States Blockchain AI Market Breakdown by Application (Smart Contracts, Payment and settlement, Data Security, Data Sharing/Communication, Asset Tracking and Management, Logistics and supply chain management, Business process optimization) by Type (ML, NLP, Context-Aware Computing, Computer Vision) by Deployment Mode (Cloud, On-premises) by Component (Platform/Tools, Services) and by Geography (The West, Southwest, The Middle Atlantic, New England, The South, The Midwest). The Blockchain AI market size is estimated to increase by USD 420.09 Million at a CAGR of 24.46% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 121 Million.
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HTF Market Intelligence published a new research document of 150+pages on” Blockchain AI Market Insights, to 2028″ with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Blockchain AI market was mainly driven by the increasing R&D spending by leading and emerging player, however latest scenario and economic slowdown have changed complete market dynamics. Some of the key players profiled in the study are Figure Technologies, Core Scientific, Cyware Labs, Bext360, Fetch.ai, AlphaNetworks, NetObjex, SingularityNET, CHAINHAUS, Neurochain Tech, BurstIQ
Definition:
The blockchain AI market refers to the intersection of two emerging technologies: blockchain and artificial intelligence (AI). Blockchain technology is a decentralized and transparent ledger system that enables secure and immutable record-keeping of transactions. AI, on the other hand, involves the development of intelligent systems capable of performing tasks that typically require human intelligence.
Market Trends:
Emergence of hybrid blockchain models that combine the benefits of public and private blockchains.
Growing emphasis on data privacy and security in blockchain AI applications.
Development of decentralized AI models and federated learning approaches.
Market Drivers:
Growing volumes of data generated by businesses, leading to increased adoption of AI for data analysis.
Potential cost savings and operational efficiencies offered by blockchain AI solutions.
Increased focus on personalized customer experiences and tailored services.
Market Opportunities:
Expansion of decentralized AI marketplaces for data sharing and monetization.
Adoption of blockchain AI solutions in healthcare for improved diagnostics, research, and patient care.
Application of blockchain AI in combating fraud, counterfeit products, and cybersecurity threats.
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of Blockchain AI Market: ML, NLP, Context-Aware Computing, Computer Vision
Key Applications/end-users of Blockchain AI Market: Smart Contracts, Payment and settlement, Data Security, Data Sharing/Communication, Asset Tracking and Management, Logistics and supply chain management, Business process optimization
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Quick Snapshot and Extracts from TOC of Latest Edition
Overview of Blockchain AI Market
Blockchain AI Size (Sales Volume) Comparison by Type (2023-2028)
Blockchain AI Size (Consumption) and Market Share Comparison by Application (2023-2028)
Blockchain AI Size (Value) Comparison by Region (2023-2028)
Blockchain AI Sales, Revenue and Growth Rate (2023-2028)
Blockchain AI Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type
Analyse competitors, including all important parameters of Blockchain AI
Blockchain AI Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players
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