The Asia Pacific Blockchain AI Market would witness market growth of 24.1% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Blockchain AI Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $170.8 million by 2031. The Japan market is registering a CAGR of 23.3% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 24.9% during (2024 - 2031).
The adoption of this is gaining momentum, driven by the demand for more secure, efficient, and transparent systems. Large enterprises in finance, healthcare, supply chain, and manufacturing are keenly exploring the potential of this. Many companies leverage AI to automate operations and drive efficiencies, while blockchain offers enhanced security and transparency. These industries invest in this to create new business models, improve operational efficiency, and maintain a competitive edge.
As businesses and governments realize the potential of blockchain AI, awareness and education around these technologies have grown significantly. Universities, research institutions, and private organizations offer courses and resources to train professionals in these emerging fields. This knowledge transfer is accelerating the adoption of these solutions, particularly in developing countries where digital transformation is underway.
As China continues developing its telecommunications infrastructure, they offers solutions to enhance data security, network optimization, and customer service. Integrating blockchain technology in telecommunications can provide secure, transparent, and decentralized customer data management, ensuring that sensitive information is protected from breaches. Meanwhile, AI can optimize network performance by predicting traffic patterns, automating maintenance, and enhancing customer service through AI-powered chatbots and support systems. The rising BFSI sector in India is a key driver of the country's growth in this market. India’s fintech industry is expanding exceptionally, making it one of the fastest-growing sectors globally. The National Investment Promotion and Facilitation Agency forecasts that the fintech sector in India will reach $150 billion by 2025, up from $50 billion in 2021. Thus, rising telecommunication industry and increasing BFSI sector is driving the growth of the market.
Free Valuable Insights: The Global Blockchain AI Market is Predict to reach USD 2.2 Billion by 2031, at a CAGR of 23.2%
Based on Component, the market is segmented into Platform, and Services. Based on Deployment Mode, the market is segmented into Cloud, and On-premise. Based on Organization Size, the market is segmented into Large Enterprises, and SMEs. Based on Technology, the market is segmented into Machine Learning (ML), Computer Vision, Natural Language Processing (NLP), and Other Technologies. Based on Application, the market is segmented into Logistics & Supply Chain Management, Smart Contracts, Payments & Settlements, Governance, Risk, & Compliance Management, and Other Applications. Based on Vertical, the market is segmented into BFSI, Government, Energy & Utilities, Healthcare & Lifesciences, Telecom, Media & Entertainment, Manufacturing, Retail & Consumer Goods, Travel & Transportation, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Component
By Deployment Mode
By Organization Size
By Technology
By Application
By Vertical
By Country
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