Connect with us

Technology

Blockchain AI Market is Expected to Surpass USD 2725.2 Million Valuation by 2031, Large Enterprises Projected to Spearhead Blockchain AI Demand Outlook | SkyQuest Technology

Published

2 years ago

on

WESTFORD, Mass., July 3, 2024 /PRNewswire/ — According to SkyQuest, the global Blockchain AI Market size was valued at USD 358.0 Million in 2022 and is expected to grow from USD 448.5 Million in 2023 to reach USD 2,725.2 Million by 2031, at a CAGR of 25.3% during the forecast period (2024-2031).

Integration of novel artificial intelligence (AI) and Blockchain technologies results in the creation of Blockchain AI solutions. The need for better security and transparency along with intelligence of AI technology is projected to help bolster blockchain AI market growth over the coming years. The global blockchain AI market is segmented into component, technology, application, deployment mode, organization size, industry verticals, and region.

Download a detailed overview:

https://www.skyquestt.com/sample-request/blockchain-ai-market

Blockchain AI Market Overview: 

Report Coverage

Details

Market Revenue in 2023

$ 448.5 million

Estimated Value by 2031

$ 2725.2 million

Growth Rate

Poised to grow at a CAGR of 25.3%

Forecast Period

2024–2031

Forecast Units

Value (USD Million)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

Component, Technology, Application, Deployment Mode, Organization and Industry Verticals

Geographies Covered

North America, Europe, Asia Pacific, Middle East & Africa, Latin America

Report Highlights

Development of novel blockchain AI solutions that give benefits of both technologies involved

Key Market Opportunities

SMEs are estimated to emerge as lucrative end users of blockchain AI solutions

Key Market Drivers

Increasing deployment of blockchain AI in large enterprises

Segments covered in Blockchain AI Market are as follows:

ComponentPlatforms/Tools and ServicesTechnologyMachine Learning (ML), Computer Vision, AI Based Smart Contracts, and Natural Language ProcessingDeployment ModeCloud-based, and On-premisesApplicationSmart Contracts, Payment and settlement, Data Security, Data Sharing/Communication, Asset Tracking and Management, Logistics and supply chain management, Business process optimization, and OthersIndustry VerticalBFSI, Telecom and IT, Healthcare and Life science, Manufacturing, Media and Entertainment, Automotive, and OthersOrganizationSMEs, and Large Enterprises

Request Free Customization of this report:

https://www.skyquestt.com/speak-with-analyst/blockchain-ai-market

Platforms/Tools Remain Vital to Successful Deployment of Blockchain AI Solutions

Platforms and tools play an essential role in harnessing the power of Blockchain and artificial intelligence to create effective blockchain AI solutions. These solutions help facilitate more secure data management and advanced insights can be extracted from the same data using AI capabilities of blockchain AI platforms. Moreover, interoperability offered by these blockchain AI platforms/tools will also help this segment generate new opportunities for market players going forward.

Willingness of Large Enterprises to Invest in Blockchain AI Technologies Drives Demand Outlook

Large enterprises have a high spending potential as compared to small and medium enterprises (SMEs), which is why they are more willing to invest in blockchain AI solutions. High emphasis of large organizations in enhancing the security, transparency, and efficiency of their business operations will also promote the demand for blockchain AI over the coming years. This segment is projected to present lucrative opportunities for new as well as established blockchain AI providers in the long run. SMEs are also estimated to witness a robust hike in the adoption of blockchain AI over the coming years as the availability of affordable blockchain AI solutions increases. Deployment of blockchain AI solutions will also help SMEs expand their business scope and compete with leading market players.

View report summary and Table of Contents (TOC):

https://www.skyquestt.com/report/blockchain-ai-market

Machine Learning Technology to Play a Pivotal Role in Blockchain AI Market Expansion

Blockchain AI solution providers can focus on utilization of machine learning technology to provide automation through their solutions. Companies can utilize this technology to automate several aspects of their businesses and all of this can be maintained on a secure and transparent Blockchain network. This segment will be highly beneficial for new companies looking to train their new Blockchain-based AI models in the future. Established companies can provide detailed insights through the utilization of machine learning going forward.

The global blockchain AI market is still in its developmental stages and this is why incoming as well as leading companies have a chance to boost their business scope equally.

Related Report:

Blockchain Market

AI Market

Blockchain as a Service Market

Blockchain in Healthcare Market

Fintech Blockchain Market

Blockchain In Manufacturing Market

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:
Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

Logo – https://mma.prnewswire.com/media/2446095/SkyQuest_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/blockchain-ai-market-is-expected-to-surpass-usd-2725-2-million-valuation-by-2031–large-enterprises-projected-to-spearhead-blockchain-ai-demand-outlook–skyquest-technology-302188731.html

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

EX3 Accelerates APAC Expansion with Malaysia Growth Milestone and SAP Partnership

Published

8 seconds ago

on

April 21, 2026

By

LONDON and KUALA LUMPUR, Malaysia, April 21, 2026 /PRNewswire/ — EX3 today announced a significant milestone in its Asia-Pacific (APAC) growth journey, marked by continued expansion in Malaysia, a newly formalised SAP partnership, and further investment in regional leadership.

As part of its broader APAC growth strategy, EX3 has strengthened its presence in Malaysia, with headcount increasing to 21 employees—an addition of four new team members in the last six months alone, with additional two expected by end of May 2026. This growth reflects sustained demand for EX3’s expertise in delivering end-to-end HR and payroll transformation programmes across the region.

In parallel, EX3 has been officially inducted as an SAP Partner in Malaysia, with a dedicated focus on Human Capital Management (HCM) and Payroll. This milestone represents a strategic step forward, reinforcing EX3’s capability to deliver enhanced value to clients through deeper alignment with SAP technologies and innovation.

The SAP partnership is central to EX3’s regional ambitions, enabling the organisation to scale its delivery and sales capabilities across Malaysia and the wider APAC market. By combining SAP’s leading cloud solutions with EX3’s agile, AI-powered delivery approach, the company is well-positioned to support organisations navigating complex HR and payroll transformations.

Sam Garwood, Chief Revenue Officer at EX3, commented:
“Our SAP partnership represents a key enabler for our go-to-market strategy across APAC. With Malaysia at the centre of our regional operations, we are building a scalable, high-impact GTM engine that allows us to bring EX3’s full capabilities to market with greater speed and precision. This positions us strongly to capture growing demand for HR and payroll transformation across the region.”

Looking ahead, EX3 will continue to invest in its regional leadership team, including the upcoming appointment of a new Head of Sales for APAC. This role will be instrumental in driving continued growth, strengthening client relationships, and expanding EX3’s footprint across key markets.

Jas Rai, CEO of EX3, added:
“EX3 is on a strong global growth trajectory, and our expansion in APAC is a critical part of that journey. Malaysia plays a pivotal role in enabling that growth—both as a centre of delivery excellence and as a strategic hub for the region. As we continue to scale, our investment in Malaysia will help us accelerate our broader ambitions and deliver even greater value to clients globally.”

About EX3

EX3 is a global provider of end-to-end SAP Payroll and HR transformation, combining strategic advisory with outcome-based support and managed services to streamline global operations for organizations worldwide. With offices in the UK, Malaysia, and India, EX3 delivers modern, scalable, and innovative solutions that help clients transform how they manage HR and payroll operations.

https://www.weareex3.com/ 

Media Contact:
Sach Dhanjal
Senior Marketing Manager, EX3
sach.dhanjal@weareex3.com

Logo – https://mma.prnewswire.com/media/2957617/EX3_Logo.jpg

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/ex3-accelerates-apac-expansion-with-malaysia-growth-milestone-and-sap-partnership-302745004.html

Continue Reading

Technology

EX3 Accelerates APAC Expansion with Malaysia Growth Milestone and SAP Partnership

Published

8 seconds ago

on

April 21, 2026

By

LONDON and KUALA LUMPUR, Malaysia, April 21, 2026 /PRNewswire/ — EX3 today announced a significant milestone in its Asia-Pacific (APAC) growth journey, marked by continued expansion in Malaysia, a newly formalised SAP partnership, and further investment in regional leadership.

As part of its broader APAC growth strategy, EX3 has strengthened its presence in Malaysia, with headcount increasing to 21 employees—an addition of four new team members in the last six months alone, with additional two expected by end of May 2026. This growth reflects sustained demand for EX3’s expertise in delivering end-to-end HR and payroll transformation programmes across the region.

In parallel, EX3 has been officially inducted as an SAP Partner in Malaysia, with a dedicated focus on Human Capital Management (HCM) and Payroll. This milestone represents a strategic step forward, reinforcing EX3’s capability to deliver enhanced value to clients through deeper alignment with SAP technologies and innovation.

The SAP partnership is central to EX3’s regional ambitions, enabling the organisation to scale its delivery and sales capabilities across Malaysia and the wider APAC market. By combining SAP’s leading cloud solutions with EX3’s agile, AI-powered delivery approach, the company is well-positioned to support organisations navigating complex HR and payroll transformations.

Sam Garwood, Chief Revenue Officer at EX3, commented:
“Our SAP partnership represents a key enabler for our go-to-market strategy across APAC. With Malaysia at the centre of our regional operations, we are building a scalable, high-impact GTM engine that allows us to bring EX3’s full capabilities to market with greater speed and precision. This positions us strongly to capture growing demand for HR and payroll transformation across the region.”

Looking ahead, EX3 will continue to invest in its regional leadership team, including the upcoming appointment of a new Head of Sales for APAC. This role will be instrumental in driving continued growth, strengthening client relationships, and expanding EX3’s footprint across key markets.

Jas Rai, CEO of EX3, added:
“EX3 is on a strong global growth trajectory, and our expansion in APAC is a critical part of that journey. Malaysia plays a pivotal role in enabling that growth—both as a centre of delivery excellence and as a strategic hub for the region. As we continue to scale, our investment in Malaysia will help us accelerate our broader ambitions and deliver even greater value to clients globally.”

About EX3

EX3 is a global provider of end-to-end SAP Payroll and HR transformation, combining strategic advisory with outcome-based support and managed services to streamline global operations for organizations worldwide. With offices in the UK, Malaysia, and India, EX3 delivers modern, scalable, and innovative solutions that help clients transform how they manage HR and payroll operations.

https://www.weareex3.com/ 

Media Contact:
Sach Dhanjal
Senior Marketing Manager, EX3
sach.dhanjal@weareex3.com

Logo – https://mma.prnewswire.com/media/2957617/EX3_Logo.jpg

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/ex3-accelerates-apac-expansion-with-malaysia-growth-milestone-and-sap-partnership-302745004.html

Continue Reading

Technology

World Micro Tees Up for Angel Flight Soars on May 13, 2026

Published

10 seconds ago

on

April 21, 2026

By

ROSWELL, Ga., April 21, 2026 /PRNewswire/ — To support the critical need for specialized medical care requiring distant travel, World Micro is proud to announce its participation as an Angelic Hole Sponsor for the 2026 Atlanta Tournament of Angels. This annual charity golf tournament directly benefits Angel Flight Soars, a nonprofit organization based out of Peachtree Dekalb Airport in Chamblee, GA.

Angel Flight Soars provides free air transportation for individuals in need of medical care or other critical services. By coordinating volunteer pilots and donated flight resources, the organization helps remove transportation barriers, ensuring patients can access life-saving treatments, specialized care, and humanitarian support.

To secure a sponsorship or learn more about participation in this impactful event, visit Tournament of Angels

“As an Angelic Hole Sponsor for the 2026 Atlanta Tournament of Angels, World Micro is proud to stand behind Angel Flight Soars, a local nonprofit in our community, and support their mission of providing essential, free air transportation for individuals who must travel far from home for specialized medical care,” said Lauren Brown, Director of Business Development.

Supporting Critical Medical Air Transportation

The 2026 Atlanta Tournament of Angels brings together community members and organizations to contribute to a vital cause. Every shot taken during the tournament helps provide essential air transportation for patients requiring specialized medical care far from their homes. This support ensures that geographical distance does not hinder access to critical treatments.

Event Details and Community Impact

The 2026 Atlanta Tournament of Angels will take place on May 13, 2026, at the Chateau Elan Golf Club. As an Angelic Hole Sponsor, World Micro underscores the profound impact of community support for services like those provided by Angel Flight Soars. The tournament offers a unique opportunity for individuals and organizations to contribute to a cause that provides essential medical air transportation, ensuring patients can access critical care regardless of distance. 

About World Micro

World Micro is a global distributor specializing in electronic components and supply chain solutions for military, aerospace, industrial, and high-reliability applications. With a focus on speed, service, and dependable fulfillment, World Micro supports customers worldwide with responsive sourcing, logistics expertise, and value-added distribution services.

Learn more at www.worldmicro.com.

For pricing and inquiries, please contact World Micro at:
Email: info@worldmicro.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/world-micro-tees-up-for-angel-flight-soars-on-may-13-2026-302748030.html

SOURCE World Micro

Continue Reading

Trending