Learn about the global blockchain AI market through The Business Research Company, which provides information on blockchain AI market size, blockchain AI market drivers and restraints, blockchain AI market players, the COVID-19 impact on the blockchain AI market, and more.

The global blockchain AI market size is expected to grow from $297.62 million in 2021 to $384.44 million in 2022 at a compound annual growth rate (CAGR) of 29.2%. The change in the blockchain AI market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $934.45 million in 2026 at a CAGR of 24.9%.

The growing demand for accessing and managing data efficiently contributed to the growth of blockchain AI market.

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The blockchain AI market consists of sales of blockchain AI technology and related services by entities (organizations, sole traders and partnerships) that provide blockchain and AI technology. Block chain is a decentralized network of computers that records and stores data to display a chronological series of events on a transparent and immutable ledger system. Artificial intelligence (AI) refers to the simulation of human intelligence in machines which are programmed so that machines can think like humans and mimic their actions. Blockchain AI convergence is inevitable because both the technology with data and value. Blockchain enables secure storage and sharing of data whereas AI can analyse and generate insights from data to generate value.

Global Blockchain AI Market Segments Include:

By Technology: Computer Vision, Machine Learning (ML), Natural Language Processing (NLP), Others

By Vertical: BFSI, Telecom and IT, Healthcare and Life Science, Manufacturing, Media and Environment, Automotive, Others

By Application: Smart Contract, Payment, Data Security, Logistics and Supply Chain Management, Business Process Optimization, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the blockchain AI market in 2021.

Growing investment in Blockchain AI technology by enterprises is considered as an emerging trend in the blockchain AI market. Artificial Intelligence refers to the machine that perform intelligent task performed by humans. Block chain is a decentralized networks of computers that records and stores data to display a chronological series of events on a transparent and immutable ledger system. The development of artificial intelligence applied to big data together with the security offered by blockchain technology creates the perfect combination for the management of large databases. Blockchain technology, in particular, has shown immense potential when coupled with machine learning functionality.

TBRC’s blockchain AI market report covers:

Major Market Players: CommScope, Nexans SA, Legrand, Corning Inc, Belden Inc, Schneider Electric, Siemon, Panduit Corp, Furukawa Electric, ABB Group, TE Connectivity, Superior Essex, R&M, Hitachi Cable, Teknon Corporation, Brand-Rex, Paige Electric, Datwyler Cabling Solutions AG, Connectix Ltd, Electra Link Inc, VIA Technology, Network Cabling Services, Desert Communications, Xin Networks, Synergy Solution, AFL, Intelligent Business Technology, Black Box Network Services, Vega Global, Broadcom Inc and Sterlite Technologies.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Blockchain AI Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides blockchain AI market overviews, analyzes and forecasts market size, share, blockchain AI market players, blockchain AI market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s blockchain AI market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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