Global blockchain AI market is anticipated to grow at a significant CAGR of 24.0% during the forecast period (2024-2031). The market growth is attributed to the rising popularity of implementing AI in blockchain solutions that exist in different industries, from financial to healthcare, supply chain management, and IT security. The World Economic Forum estimates that, by 2030 it is likely that blockchain could generate $3.0 trillion in business value per year. They also expect that by 2025, 10.0 % of global GDP will be stored in the blockchain.

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The World Economic Forum collaborating with PwC and Stanford University is focusing on innovations of the Fourth Industrial Revolution such as blockchain and Artificial Intelligence (AI) may help drive systems transformation across environmental and natural resource security. The Telangana Government in India has visualized to establishment first Blockchain District in Hyderabad to foster an ideal world-class Blockchain Technological ecosystem.

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Recent Developments

In April 2024, CIFDAQ, a fintech company, launched its AI-powered blockchain ecosystem in India, with headquarters in Mumbai and offices in other cities. CIFDAQ's solutions span the blockchain layer 1, native coin, exchange services, MPC wallet, DeFi, NFT, gaming, and other integrated products.
In April 2024, BytePlus, the enterprise technology division of ByteDance, announced a long-term partnership with Mysten Labs, the company that developed the Sui layer-1 blockchain. The partnership will enable BytePlus to leverage its expertise in AI and data storage to enhance the functionality of Sui's Web3 games and SocialFi projects.
In February 2024, Deutsche Telekom announced a collaboration with UK-based AI startup Fetch.ai to promote cutting-edge AI and blockchain solutions. As part of this partnership, Deutsche Telekom's subsidiary MMS will serve as a validator on the decentralized Fetch.ai network, helping secure transactions on the blockchain.
In April 2023, Blockchain App Factory and bitsCrunch formed a strategic partnership to launch NFT marketplace solutions. The collaboration will support major blockchain networks such as Ethereum, Avalanche, and Polygon. The alliance aims to provide users with forensic and AI-powered real-time analytics to make NFT (Non-Fungible Tokens) trading a well-informed decision globally.

Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- 

o             By Component

o             By Deployment Model

o             By Technology 

o             By Application 

o             By End-User

Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

Competitive Landscape- Burst IQ, LLC, Figures Technologies, Inc., and SingularityNET among others. 

Key questions addressed by the report.

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

Global Blockchain AI Market Report Segment

By Component

Software
Services

By Deployment Model

On-Premises
Cloud-Based

By Technology

Machine Learning (ML)
Natural Language Processing (NLP)
Computer Vision
Others

By Application

Payment & Settlement
Data Security
Data Sharing and Communication
Asset Tracking & Management
Logistics & Supply Chain Management
Others

By End-User

BFSI
IT & Telecom
Automotive
Manufacturing
Healthcare
Others 

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2. More than 120 countries are for analysis.
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