Global Blockchain AI Market to Signify Strong Growth by 2022-2028

The global blockchain AI market is anticipated to grow at a significant CAGR of 24% during the forecast period. NLP applications are used for different purposes such as data mining, document summarization, text classification, and sentiment analysis. The increasing demand for natural language processing (NLP) among companies is fueling the growth of the market. For instance, in April 2022, the Technology Innovation Institute (TII), a global research center and applied research pillar of Abu Dhabi’s Advanced Technology Research Council launched NOOR, the largest Arabic NLP model to date across the globe. The NOOR model can carry out tasks beyond the domain of languages, such as offering end-to-end pipeline high-quality data, including crawling, filtering, and curation at scale. The model facilitates extreme-scale distributed training and serves – to deliver applications with efficient inference and model specialization.

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Due to the COVID-19 pandemic, each country has been affected, and had a significant effect on human lives and economical activities. Manufacturing firms and supply chain & logistics had faced serious disruptions. Several enabling technologies are currently being used as key strategies in creating improvements and responses to the difficulties created by the pandemic and blockchain is one of these solution proposals. Within this scenario, this work aims to study and analyze how blockchain technology can support struggling against the COVID-19 pandemic through a systematic implementation of solutions.

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  • Market Coverage
  • Market number available for – 2022-2028
  • Base year- 2021
  • Forecast period- 2022-2028
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Market Segmentation

Global Blockchain AI Market by Component

  • Software
  • Services

Global Blockchain AI Market by Deployment Model

  • On-Premises
  • Cloud

Global Blockchain AI Market by Technology

  • Machine Learning (ML)
  • Natural Language Processing (NLP)
  • Computer Vision
  • Others (Context-Aware Computing)

Global Blockchain AI Market by Application

  • Payment & Settlement
  • Data Security
  • Data Sharing & Communications
  • Asset Tracking & Management
  • Logistics and supply chain management
  • Others (Smart contracts, Business process optimization)

Global Blockchain AI Market by End-User

  • BFSI
  • IT & Telecom
  • Automotive
  • Manufacturing
  • Healthcare
  • Others (Media & Entertainment, Education)

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles 

  • AIB Fund, Inc.
  • Alpha Networks, Inc.
  • Bext360
  • ai (SocialTrendly, Inc.)
  • BurstIQ, LLC
  • Chainhaus, Inc.
  • Core scientific, Inc.
  • Cyware Labs, Inc.
  • AI Ltd.
  • Figure Technologies, Inc.
  • Gainfy Healthcare Network
  • Hannah systems
  • Netobjex, Inc.
  • NeuroChain tech
  • SingularityNET
  • Stowk, Inc.
  • Talla, Inc.
  • Verisart Inc.
  • Via Science, Inc.
  • Vytalyx, Inc.
  • Wealthblock Inc.
  • WorkDone

The Report Covers

  • Market value data analysis of 2021 and forecast to 2028.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global blockchain AI market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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