Latest News- Blockchain AI Market: Platform is expected to lead the Component segment during 2025-2029

The Blockchain AI Market is being driven by Increasing demand for transparency and auditability in AI systems

The Blockchain AI Market is expected to grow at a CAGR of 28.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2268.3 million. The global blockchain AI market is witnessing a pivotal shift with the advent of autonomous AI agents operating on decentralized networks. These agents, which are software programs powered by artificial intelligence, are revolutionizing the industry by functioning as active, independent economic participants within a blockchain ecosystem. They are designed to execute intricate tasks, manage resources, and engage in transactions autonomously, providing significant business value. The blockchain's trustless framework, secure digital asset ownership through tokenization, and immutable smart contract records offer an optimal operational environment for these agents, enabling seamless and secure interactions. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Component
  • Platform
  • Services
• Technology
  • Natural language processing
  • Context-aware computing
  • Computer vision
• Deployment
  • Cloud-based
  • On-premises
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • APAC
    • China
    • India
    • Japan
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing demand for transparency and auditability in AI systems
• Growing need for process automation and efficiency in multi-party ecosystems
• Proliferation of decentralized AI and rise of data economies

However, the market also witnesses some limitations, which are as follows:

• Scalability and performance bottlenecks
• Regulatory uncertainty and lack of standardization
• Complexity, talent gap, and integration hurdles

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Market Scope in Blockchain AI Market Research Report

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Research Analysis Overview

The Blockchain AI market encompasses various components including cryptocurrency integration, token economics design, decentralized finance, smart contract development, and infrastructure. Key aspects include data integrity validation through public key cryptography, algorithm performance metrics and model accuracy evaluation. Additionally, bias mitigation strategies, data preprocessing techniques, and feature engineering methods are essential. Tools like data visualization, anomaly detection algorithms, and risk management strategies are utilized. Compliance audits, security protocols, transaction costs, network latency, data versioning, and knowledge graph creation with semantic web technologies and ontology design are also integral parts of this market. API integration is another crucial element.

Market Research Overview

The Blockchain AI market is a segment of the global IT software industry, focusing on distributed ledger technology, smart contracts execution, decentralized data storage, and cryptographic hashing algorithms. This niche market falls under the application software category, which encompasses businesses producing specialized software for various industries and consumers. According to Technavio, the global Blockchain AI market size is determined by the consolidated revenue of companies providing solutions in this domain, including those offering cloud-based services. This market segment distinguishes itself from the broader IT software market, which includes all types of software, and from the systems software market, which primarily deals with operating systems and database management.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/