The global blockchain AI market size is projected to grow from USD 228 million in 2020 to USD 703 million by 2025, at a Compound Annual Growth Rate (CAGR) of 25.3% during the forecast period. The increasing venture capital funding and growing investments in blockchain AI technology to drive market growth.
Key and innovative vendors in the blockchain AI market include Figure Technologies (US), Cyware Labs (US), Core Scientific (US), NetObjex (US), Fetch.ai (UK), Ai-Blockchain (US), AlphaNetworks (US), Bext360 (US), Blackbird.AI (US), BurstIQ (US), Chainhaus (US), CoinGenius (US), Computable (US), Finalze (US), Gainfy (US), Hannah Systems (US), LiveEdu (UK), Mobs (US), Neurochain Tech (France), Numerai (US), SingularityNET (The Netherlands), Stowk (US), Synapse AI (US), Talla (US), Verisart (US), VIA (US), Vytalyx (US), Wealthblock.AI (US), and Workdone (US).
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These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches and product enhancements, and acquisitions to expand their presence in the Blockchain AI market. Partnerships, agreements and collaborations, and new product launches have been the most adopted strategies by the major players from 2017 to 2020 to innovate their offerings and broaden their customer base.
BurstIQ (US) is a provider of blockchain-enabled data network solutions for the healthcare industry. The company’s private, permissioned data network allows health systems, payers, digital health companies, pharmaceuticals, life science companies, and governments to unlock health-related data's full potential. BurstIQ created a “Health Wallet,” which combines AI, blockchain, and big data to manage a patient's data holistically. The Burst IQ wallet gives a patient’s team of healthcare professionals access to their health records and wellness plans. The company has a global presence across the globe.
Cyware Labs offers a full-stack of innovative cyber fusion solutions for all-source strategic, tactical, technical, and operational threat intelligence sharing and threat response automation. Cyware Lab’s enterprise solutions are designed to promote secure collaboration, inculcate cyber resilience, enhance threat visibility, and deliver needed control by providing organizations with automated context-rich analysis of threats for a proactive response without losing the element of human judgment. The Cyware Situational Awareness Platform (CSAP), for example, uses those tools to power a mobile threat intelligence, secured messaging, and suspicious incident reporting platform. Consequently, users are provided with an in-depth look at their real-time mobile cybersecurity protocols.
Blockchain AI Market by Technology (ML & NLP), Component (Platform/Tools & Services), Deployment Mode, Organization Size, Application (Smart Contracts, Payments, & Asset Tracking), Vertical (BFSI, Automotive, & Media), and Region - Global Forecast to 2025
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