Report ID: SQMIG45A2322
Report ID:
SQMIG45A2322 |
Region:
Global |
Published Date: June, 2024
Pages:
197
|
Tables:
179 |
Figures:
79
Blockchain AI Market size was valued at USD 448.5 Million in 2023 and is poised to grow from USD 561.97 Million in 2024 to USD 3414.68 Million by 2032, growing at a CAGR of 25.3% during the forecast period (2025-2032).
Increased use of AI-based blockchain platforms and services by small and medium-sized enterprises (SMEs) to develop blockchain applications, such as payment systems, smart contracts could drive market growth. Rise in investments by countries such as China, Japan, USA and UK in projects based on blockchain AI technology are likely to boost the market size during the forecast period. For example, in October 2020, the European Investment Fund (EIF) and the European Commission (EC) signed the securities investment agreements in Finland, Austria, Luxembourg, the Netherlands and Germany. The investment was lowered by approximately €700 million (US$851.85 million).
The rise in growth levels for the market reflects the increasing adoption and use of blockchain in various industries such as finance, supply chain, healthcare, etc. The technology’s ability to provide secure and transparent communications, simplify processes and reduce costs is driving widespread adoption, and to generate capital. This information highlights the growing importance and potential impact of blockchain technology on the global economy in the coming years.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG45A2322