GCC Blockchain AI Market Research Report By Application (Fraud Detection, Smart Contracts, Supply Chain Management, Healthcare Solutions, Data Privacy), By Deployment Model (Public Blockchain, Private Blockchain, Hybrid Blockchain, Multi-Chain), By End-user (Financial Services, Healthcare, Retail, Transportation, Government), and By Integration Type (API Integration, Middleware Integration, Cloud Integration, On-Premise Integration)- Forecast to 2035

GCC Blockchain AI Market Overview

As per MRFR analysis, the GCC Blockchain AI Market Size was estimated at 57.94 (USD Million) in 2023.The GCC Blockchain AI Market is expected to grow from 74.7(USD Million) in 2024 to 520 (USD Million) by 2035. The GCC Blockchain AI Market CAGR (growth rate) is expected to be around 19.291% during the forecast period (2025 - 2035)

Key GCC Blockchain AI Market Trends Highlighted

Numerous variables are driving notable industry trends in the GCC Blockchain AI market. A major market driver for the use of blockchain and AI technology is the GCC governments' growing investment in digital transformation projects. National initiatives to improve efficiency and openness in a variety of industries, including healthcare, oil and gas, and finance, usually encourage this change.

For example, in order to streamline services and keep a competitive edge in the global market, the United Arab Emirates and Saudi Arabia have played a key role in pushing blockchain technologies. Furthermore, there are a lot of opportunities in the GCC to investigate, especially in areas like smart contracts and supply chain management.

Businesses may enhance decision-making, minimise fraud, and optimise operations by combining blockchain's flexibility with AI analytics. In order for businesses to properly utilise these technologies, partnerships and collaborations between technology providers and organisations are becoming increasingly important as businesses become aware of the potential benefits.

Recent trends show a major emphasis on standards and legal frameworks that enable the GCC to safely integrate blockchain and AI technologies. While maintaining the required adherence to legal requirements, governments are actively attempting to foster a climate that is favourable to innovation.

Additionally, there is a thriving environment supporting innovative blockchain and artificial intelligence-based solutions and encouraging creativity due to the growth of startups and tech incubators in nations like Bahrain and the United Arab Emirates. This local zeal points to a tendency towards increased research and use of these technologies across a range of applications.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

GCC Blockchain AI Market Drivers

Growing Government Initiatives to Expand Blockchain and AI Technologies

The governments in the Gulf Cooperation Council (GCC) region are placing significant emphasis on digital transformation through various initiatives. For instance, the Saudi Arabian Vision 2030 plan incorporates advanced technologies, including Blockchain and Artificial Intelligence (AI), to improve public sector efficiency and economic diversification.

The UAE government aims to have 50% of its government services fully digitized by 2031, which aligns with the increasing adoption of Blockchain for secure and transparent operations.

Moreover, a report from the UAE's Telecommunications and Digital Government Regulatory Authority indicates that 40% of government-related data will be stored on national Blockchain networks by 2025. This proactive approach is projected to propel the GCC Blockchain AI Market, leading to increased investment and innovation in the sector, thereby fostering substantial growth.

Rising Demand for Enhanced Cybersecurity Solutions

As cybersecurity threats continue to escalate in the GCC region, the demand for advanced solutions integrating Blockchain technology and AI is on the rise. Reports indicate that cybercrime in the Middle East has surged by 30% over the past year, prompting businesses and government entities to seek more secure systems.

For example, the Qatar National Cyber Security Strategy emphasizes the incorporation of Blockchain technology to safeguard sensitive data and transactions.

Furthermore, emerging Cybersecurity companies in the UAE, such as DarkMatter, are developing AI-driven Blockchain solutions to tackle these threats. As the urgency for advanced cybersecurity measures grows, this trend is expected to significantly bolster the GCC Blockchain AI Market.

Increasing Investment in Smart Cities and Digital Infrastructures

Investment in smart city initiatives across the GCC is projected to have a remarkable effect on the Blockchain AI Market. Countries like the UAE and Saudi Arabia are heavily investing in smart city projects aimed at enhancing urban infrastructure and living conditions.

For instance, the Dubai Smart City initiative has allocated about USD 7.5 billion towards improving urban living through AI and Blockchain technologies. Reports from the Gulf Organization for Industrial Consulting suggest that smart city projects will generate approximately USD 15 billion in economic opportunities by 2025, driving the demand for specialized tech solutions in the GCC Blockchain AI Market.

GCC Blockchain AI Market Segment Insights

Blockchain AI Market Application Insights

The GCC Blockchain AI Market, particularly within the Application segment, showcases an impressive trajectory fueled by the increasing adoption of technology across various industries in the region.The overarching applications encompass critical areas such as Fraud Detection, Smart Contracts, Supply Chain Management, Healthcare Solutions, and Data Privacy, each playing a pivotal role in enhancing efficiency and security.

Fraud Detection, for instance, emerges as a priority for organizations looking to safeguard financial data and bolster customer trust, driven by the rising incidents of cyber fraud that threaten both businesses and consumers.

This heightened focus on fraud prevention is influencing the wider GCC Blockchain AI Market revenue as firms increasingly leverage advanced algorithms and machine learning techniques to preemptively identify fraudulent activities.

Smart Contracts are gaining traction as well, providing a transparent and automated means to facilitate transactions and agreements without the need for intermediaries. This not only reduces operational costs but also significantly streamlines processes across various sectors, reflecting a growing shift toward automation in the region’s business landscape.

Supply Chain Management stands out as a fundamental application, enhancing traceability and improving inventory management in a region that hosts vital trade routes. Enhanced visibility throughout supply chains ensures that GCC companies can not only manage their operations more effectively but also respond quickly to market changes, thus supporting overall market growth.

Healthcare Solutions present another significant application area, as the GCC countries seek to integrate innovative technologies to improve patient care and streamline administrative processes. The implementation of blockchain-enabled healthcare solutions can facilitate secure sharing of patient data among providers while maintaining privacy, thereby enhancing trust in the healthcare system.

Furthermore, Data Privacy continues to be a dominant theme across all sectors, especially in light of stringent regulatory frameworks Dubai and other GCC nations have established to protect consumer information.

Companies are increasingly aware of the importance of maintaining data integrity and confidentiality, which is driving the integration of blockchain technology for secure data management. The growing emphasis on these applications is indicative of GCC countries' commitment to advancing technology and improving their competitive stature in the global market.

The GCC Blockchain AI Market segmentation reflects a combination of innovative approaches to traditional challenges, underscoring the unique opportunities available to leverage blockchain processes across a diverse array of sectors.

The growth drivers for the market include heightened regulatory compliance, increased demand for secure transactions, and a push towards digital transformation. However, challenges such as integration costs, lack of awareness, and technical expertise persist, offering a complex landscape where opportunities exist for those willing to adapt.

Thus, the evolving landscape of the Application segment within the GCC Blockchain AI Market paints a robust picture of growth and innovation across critical sectors, with each application playing a noteworthy role in shaping the region’s economic future.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Blockchain AI Market Deployment Model Insights

The Deployment Model segment of the GCC Blockchain AI Market encompasses various strategies essential for implementing blockchain technology across different industries. The Public Blockchain, known for its open-source nature, holds appeal due to its transparency and decentralization, making it suitable for applications that require widespread trust.

In contrast, the Private Blockchain offers enhanced security and control, making it favored by organizations handling sensitive data, especially in the financial sector. The Hybrid Blockchain combines features of both public and private models, allowing for flexibility and tailored solutions which is crucial for businesses seeking a balanced approach.

Multi-Chain deployments are gaining traction, as they enable interoperability between different blockchain networks, fostering innovation and collaboration. These deployment models contribute dynamically to the GCC Blockchain AI Market, reflecting the region's growing interest in harnessing blockchain technology for economic diversification and technological advancement.

This growth is supported by government initiatives focused on innovation and digital transformation, enhancing the sector's potential across multiple applications and driving further investment in Blockchain AI technologies.

Blockchain AI Market End-user Insights

The End-user segment of the GCC Blockchain AI Market encompasses a variety of industries, each leveraging advanced technologies to enhance efficiency and security. In Financial Services, Blockchain AI is crucial for streamlining transactions and improving fraud detection mechanisms, thereby driving consumer trust and operational capacity.

The Healthcare sector benefits immensely as well, utilizing this technology for secure patient data management and drug traceability, enhancing overall patient care. Retail players use Blockchain AI to optimize supply chain processes and personalize customer experiences, which has become essential in a competitive market landscape.

Transportation companies are employing these technologies to improve logistics, with a focus on real-time tracking and enhanced operational transparency. Meanwhile, the Government sector is exploring Blockchain AI for effective public administration and transparent voting systems, which are pivotal in promoting civic engagement and trust.

This diverse range of applications underscores the growing significance of Blockchain AI across these industries in the GCC region, reflecting their need for modernization and efficiency in service delivery. As this market evolves, it presents substantial opportunities for innovation and adoption in various operational frameworks across these key sectors.

Blockchain AI Market Integration Type Insights

The Integration Type segment of the GCC Blockchain AI Market is crucial as it encompasses various approaches that enable seamless connectivity and interoperability of systems. API Integration is particularly notable as it facilitates interaction between different software applications, allowing organizations to leverage the strengths of disparate systems efficiently.

Middleware Integration serves as a vital bridge, ensuring that various applications communicate without friction, which is essential for data flow and operational harmony. Cloud Integration offers significant advantages by enabling businesses to harness scalable resources, leading to enhanced flexibility and cost efficiency, which is particularly relevant in the rapidly evolving GCC landscape.

On-Premise Integration remains significant as many established industries and government entities in the region prefer keeping critical data within their infrastructure for enhanced security and compliance. Collectively, these integration types provide the foundational architecture that supports robust Blockchain AI applications, ultimately driving the market's growth and adoption across various sectors in the GCC.

The increasing push for digital transformation within GCC nations further propels the demand for these integration solutions, leading to greater innovation and improved operational efficiencies.

GCC Blockchain AI Market Key Players and Competitive Insights

The GCC Blockchain AI Market has emerged as a dynamic and rapidly evolving sector, characterized by the integration of blockchain technology with artificial intelligence to create innovative solutions across various industries.

The increasing demand for transparency, security, and efficiency has escalated the adoption of these technologies, prompting organizations in the Gulf Cooperation Council to explore their potential in enhancing operational capabilities.

The competitive landscape is marked by a blend of established firms and emerging startups, all striving to capture market share through technological advancements and strategic partnerships. Companies are focusing on tailored solutions for financial services, supply chain management, and government services, driving competition and growth within this niche market.

Cognizant has established a significant footprint in the GCC Blockchain AI Market, leveraging its extensive expertise in digital transformation and technology consulting. The company's strengths lie in its ability to deliver customized solutions that address specific industry needs, enabling organizations to optimize their operations while reducing costs and risks.

By combining AI algorithms with blockchain’s immutable ledger capabilities, Cognizant is well-positioned to cater to sectors such as banking and healthcare, where data integrity and security are paramount.

The company focuses on fostering local partnerships to enhance its offerings and has been progressively increasing its investments in research and development aimed at harnessing the synergies between AI and blockchain within the region.

SAP is also a key player in the GCC Blockchain AI Market, known for its comprehensive suite of enterprise applications and solutions that integrate blockchain and AI functionalities. The company’s strengths lie in its established customer base and strong brand reputation, providing it with a competitive edge.

SAP offers key products that enable businesses to automate processes, enhance data transparency, and establish trust across transactions. Its involvement in mergers and acquisitions has further bolstered its capabilities, allowing SAP to integrate advanced technologies into its existing platforms.

The company's presence in the GCC is marked by its commitment to fostering innovation and supporting organizations in their digital transformation journey, thereby helping them capitalize on the benefits of combining blockchain and AI technologies for improved operational efficiency and strategic decision-making.

Key Companies in the GCC Blockchain AI Market Include

• Cognizant


• SAP


• Hewlett Packard Enterprise


• NVIDIA


• Capgemini


• Accenture


• VeChain


• PwC


• KPMG


• Deloitte


• Microsoft


• Oracle


• IBM


• Amazon Web Services

GCC Blockchain AI Market Developments

In July 2024, the United Arab Emirates announced a historic partnership between Google Cloud and the government-backed MGX AI fund to create sovereign Arabic-language large language models (LLMs), demonstrating a combination of blockchain infrastructure aspirations and artificial intelligence.

In order to support the region's push towards blockchain-enabled AI computing, Dubai-based Hodler teamed up with Vertical Data in December 2024 to build sustainable, GPU-powered AI data centres throughout the United Arab Emirates and beyond into Africa and Canada.

A major advancement in fintech innovation was made in January 2025 when the Commercial Bank of Dubai integrated JP Morgan's blockchain-based Liink network to improve the security of cross-border payments.

Additionally, Cisco joined the AIP consortium and Saudi Arabia's HUMAIN initiative in May 2025 to promote the development of AI infrastructure throughout the Gulf, bolstering cybersecurity and blockchain-integrated AI systems.

These advancements are part of a multifaceted regional plan that positions the GCC as a global leader in Blockchain-AI convergence by combining private-sector partnerships, public-sector investment, and emerging technology.

GCC Blockchain AI Market Segmentation Insights

Blockchain AI Market Application Outlook

• Fraud Detection


• Smart Contracts


• Supply Chain Management


• Healthcare Solutions


• Data Privacy

Blockchain AI Market Deployment Model Outlook

• Public Blockchain


• Private Blockchain


• Hybrid Blockchain


• Multi-Chain

Blockchain AI Market End-user Outlook

• Financial Services


• Healthcare


• Retail


• Transportation


• Government

Blockchain AI Market Integration Type Outlook

• API Integration


• Middleware Integration


• Cloud Integration


• On-Premise Integration

 

Report Attribute/Metric Source:	Details
MARKET SIZE 2023	57.94(USD Million)
MARKET SIZE 2024	74.7(USD Million)
MARKET SIZE 2035	520.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	19.291% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Million
KEY COMPANIES PROFILED	Cognizant, SAP, Hewlett Packard Enterprise, NVIDIA, Capgemini, Georgian, Accenture, VeChain, PwC, KPMG, Deloitte, Microsoft, Oracle, IBM, Amazon Web Services
SEGMENTS COVERED	Application, Deployment Model, End User, Integration Type
KEY MARKET OPPORTUNITIES	Decentralized finance applications, Supply chain transparency solutions, Smart contracts automation, Data security enhancements, AI-powered analytics tools
KEY MARKET DYNAMICS	rising investment in technology, increasing government regulation, demand for digital transformation, growing cybersecurity concerns, shortage of skilled talent
COUNTRIES COVERED	GCC