Artificial Intelligence and Blockchain Emerge as Key Technologies in Driving Digital Transformation
When looking at new technologies that generate interesting opportunities in the Latin American region, blockchain and Artificial Intelligence (AI) emerge as key. Blockchain is still a new technology with conflicting opinions about its real future. Some believe it has little chance of evolving beyond the financial sector (mainly crypto currencies) while others view it as a technology with enormous yet still unexplored potential. In the case of AI, companies are experiencing a transition. This process normally starts with customer services solutions, as is the case with chatbots. The next step is to integrate this initial assistance with a large database to be able to offer better services and reuse the information collected during this process. In addition, the combination of AI and blockchain technologies with others like Internet of Things (IoT), Big Data or Cloud Computing opens up a myriad of opportunities. The primary objective of this study is to identify growth opportunities for companies using these new technologies. In line with this, this study measures the current and future adoption, in revenue terms, of blockchain and AI.
A blockchain is a new data structure that creates trusted, distributed digital ledgers for assets and other data. It is an immutable record of digital events shared peer-to-peer between different parties. The rise of blockchain opportunities has been enabled by breakthroughs in cryptography and computing, the tipping point of which was the 2008 paper introducing Bitcoin.
AI is a general class of technologies that seek to emulate human cognitive capabilities. Included are areas such as machine learning (ML), intelligent agents (IAs), deep learning, and natural language processing (NLP).
AI and blockchain solutions drive many of the current technologies and services in the market, and the revenues generated by both solutions are distributed in different services lines.
Some of them include:
- Consulting and Application Development - comprises information technology consulting, business consulting and application development solutions focusing on implementations
- Middleware - refers to entry-point application programming interfaces (APIs) for developers that want to build applications
- Infrastructure/Cloud - covers cloud platforms to support the new environments
- Professional Services - includes resources to implement and support the new environments
Frost & Sullivan conducted detailed primary interviews with leading service providers, analyzed secondary data, and utilized internal databases to perform a detailed revenue analysis of the market. The resulting revenue market size reflects a sum total of our estimates for individual companies. The study period is from 2019 (base year) to 2025. The study examines the current competitive landscape, market drivers and restraints, and the stage of market development. This research also provides insights into growth opportunities and trends that will affect market participants over the forecast period.
Table of Contents
Executive Summary
- Key Findings
- Key Findings (continued)
Market and Scope
- Market Definitions
- Key Questions this Study will Answer
- Research Methodology
- Blockchain-Research Scope
- Artificial Intelligence-Research Scope
Drivers and Restraints-Blockchain Market
- Market Drivers
- Drivers Explained
- Market Restraints
- Restraints Explained
Forecast and Trends-Blockchain Market
- Revenue Forecast
- Revenue Forecast Discussion
- Percent Revenue Forecast by Country
- Revenue Forecast by Country
- Revenue Forecast Discussion by Country
- Top 4 Blockchain Platforms in Latin America
Drivers and Restraints-Artificial Intelligence Market
- Market Drivers
- Drivers Explained
- Market Restraints
- Restraints Explained
Forecast and Trends-Artificial Intelligence Market
- Revenue Forecast
- Revenue Forecast by Technology
- Revenue Forecast Discussion
- Percent Revenue Forecast by Country
- Revenue Forecast by Country
- Revenue Forecast Discussion by Country
- Market Share
- Competitive Environment
End-User Trends in Artificial Intelligence and Blockchain
- Adoption of Blockchain/Distributed Ledger Technology (DLT) and AI & ML
- Adoption of AI & ML
- Adoption of Blockchain/DLT
- Adoption of AI & ML
- Adoption of Blockchain/DLT
- Competitive Advantages of AI & ML
- Competitive Advantages of Blockchain/DLT
- Implementation Stage of AI & ML
- Implementation Stage of Blockchain/DLT
- Reasons Cited for Investing in AI & ML
- Reasons Cited for Investing in Blockchain/DLT
- Concerns Regarding AI & ML Investments
- Concerns Regarding Blockchain/DLT Investments
- Outsourcing Preferences of AI & ML Solutions
- Outsourcing Preferences of Blockchain/DLT Solutions
Growth Opportunities and Companies to Action
- Growth Opportunity 1-Use of Blockchain to Provide Traceability and Improve Differentiation
- Growth Opportunity 2-Use of Blockchain to Increase Transparency and Empower End Users
- Growth Opportunity 3-Chatbots Reloaded
- Growth Opportunity 4-Cybersecurity
- Strategic Imperatives for Success and Growth
The Last Word
- The Last Word
- Legal Disclaimer
Appendix
- List of Exhibits
- List of Exhibits (continued)
The Frost & Sullivan Story
- The Frost & Sullivan Story
- Value Proposition-Future of Your Company & Career
- Global Perspective
- Industry Convergence
- 360º Research Perspective
- Implementation Excellence
- Our Blue Ocean Strategy
바이오메디컬 및 ICT 컨버전스 시장 : 기술별, 솔루션별, 지역별(2021-2026년)
세계의 디지털 전환 시장 : COVID-19의 영향 분석(기술별, 전개 방식별, 업계별, 지역별 영향) - 규모, 점유율, 예측(2021-2027년)
세계의 산업용 IoT(IIoT) 시장 : COVID-19의 영향 조사(디바이스/기술별, 소프트웨어별, 업종별, 지역별 영향) - 규모, 점유율, 예측(2021-2027년)
세계의 스마트 폐기물 관리 시장 : COVID-19의 영향 분석(유형, 컴포넌트, 용도 및 지역별 영향 ) - 규모, 점유율, 예측(2021-2027년)
세계의 스마트홈 시장 : COVID-19의 영향 분석, 시장 규모, 점유율, 예측(2021-2027년)
세계의 예측 분석(Predictive Analytics) 시장
세계의 예측적 차량 기술(Predictive Vehicle Technology) 시장
세계의 의료영상저장전송시스템(PACS) 시장
세계의 자동 식별 및 데이터 캡처(AIDC) 시장 : COVID-19의 영향 분석, 시장 규모, 점유율, 예측(2021-2027년)
세계의 자동차용 인공지능(AI) 시장 : COVID-19의 영향 분석(제품, 기술, 사용률, 에어리어별 영향) - 규모, 점유율, 예측(2021-2027년)
