Blockchain AI Market to Predicts Huge Growth by 2029

Pune, Maharashtra -- (SBWire) -- 06/22/2023 --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
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 541.09 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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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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With this report you will learn:
- Who the leading players are in Blockchain AI Market?
- What you should look for in a Blockchain AI
- What trends are driving the Market
- About the changing market behaviour over time with strategic view point to examine competition
Also included in the study are profiles of 15 Blockchain AI vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.

List of players profiled in this report: Figure Technologies, Core Scientific, Cyware Labs, Bext360, Fetch.ai, AlphaNetworks, NetObjex, SingularityNET, CHAINHAUS, Neurochain Tech, BurstIQ

Who should get most benefit from this report insights?
- Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for Blockchain AI
- Marketers and agencies doing their due diligence in selecting a Blockchain AI for large and enterprise level organizations
- Analysts and vendors looking for current intelligence about this dynamic marketplace.
- Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.

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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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About Us:
HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.

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