Since blockchain and artificial intelligence (AI) are among the greatest technological innovations, their demand is expected to make the market value soar to $980.7 million by 2030, according to Spherical Insights & Consulting.
The market data intelligence company suggested that the global blockchain AI market is anticipated to record a compound annual growth rate (CAGR) of 24.06%. Per the report:
“Both combined are able to provide robust outcomes, and become highly beneficial to various applications such as financial security, supply chain logistics, creating diverse datasets and many others.”
Since digitization is emerging as a critical driver of transformational change across different industries, AI and blockchain can prompt high-efficiency levels, with the United States already setting the digitizing ball rolling.
Spherical Insights pointed out:
“The blockchain AI accelerates and also connects the ecosystem of…