According to the report, Increasing demand for intelligent virtual assistants is one of the primary growth factors for the market. Blockchain AI technologies enable data monetization
is also expected to contribute significantly to the Blockchain AI market. Overall, Smart Contracts
applications of Blockchain AI, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Blockchain AI Market identified that the demand is rising in many different parts of the world due to "Enhancement in the acceptance of cloud-based security solutions
". Furthermore, some recent industry insights like "In August 2020, BurstIQ launched a full developer toolset for blockchain-enabled applications and services" is constantly making the industry dynamic. One of the challenges that industry facing is "Decentralization and data control to obstruct the violation of privacy and Improving operational efficiency in the manufacturing industry"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Blockchain AI market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Blockchain AI market and other related sub-markets covered in the study.
o Key & emerging players in the Blockchain AI market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Blockchain AI market size is calculated using market estimation process, the Blockchain AI market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Blockchain AI market size has been validated using both top-down and bottom-up approaches.