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GCC Blockchain AI Market

ID: MRFR/ICT/57511-HCR
200 Pages
Aarti Dhapte
October 2025

GCC Blockchain AI Market Size, Share and Trends Analysis 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

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GCC Blockchain AI Market Summary

As per Market Research Future analysis, the GCC Blockchain AI Market Size was estimated at 4.72 USD Million in 2024. The GCC blockchain ai market is projected to grow from 5.58 USD Million in 2025 to 29.31 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 18.0% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The GCC Blockchain AI Market is experiencing robust growth driven by technological advancements and regulatory support.

  • The largest segment in the GCC blockchain AI market is the financial services sector, which is witnessing increased adoption of decentralized solutions.
  • The fastest-growing segment is the healthcare industry, focusing on industry-specific applications to enhance data management.
  • Regulatory support and framework development are fostering a conducive environment for blockchain AI innovations across the region.
  • Key market drivers include the rising demand for data security and the growing need for transparency in transactions.

Market Size & Forecast

2024 Market Size 4.72 (USD Million)
2035 Market Size 29.31 (USD Million)
CAGR (2025 - 2035) 18.05%

Major Players

IBM (US), Microsoft (US), NVIDIA (US), Google (US), Oracle (US), Accenture (IE), Chainalysis (US), C3.ai (US)

GCC Blockchain AI Market Trends

The blockchain ai market is currently experiencing a transformative phase, driven by advancements in technology and increasing demand for innovative solutions. In the GCC region, governments and private sectors are actively exploring the integration of blockchain and artificial intelligence to enhance operational efficiency and transparency. This synergy is expected to foster new business models and improve service delivery across various industries, including finance, healthcare, and logistics. As organizations recognize the potential of these technologies, investments are likely to surge, leading to a more competitive landscape. Moreover, the regulatory environment in the GCC is evolving to support the growth of the blockchain ai market. Initiatives aimed at fostering innovation and attracting investment are being implemented, which may create a conducive atmosphere for startups and established companies alike. The collaboration between public and private sectors is crucial in driving research and development efforts, ensuring that the region remains at the forefront of technological advancements. As the market matures, it appears that the focus will shift towards creating sustainable solutions that address real-world challenges, thereby enhancing the overall economic landscape.

Increased Adoption of Decentralized Solutions

Organizations are increasingly recognizing the benefits of decentralized systems powered by blockchain technology. This trend is likely to enhance data security and integrity, as well as streamline processes across various sectors. The integration of artificial intelligence further augments these solutions, enabling smarter decision-making and predictive analytics.

Regulatory Support and Framework Development

Governments in the GCC are actively developing regulatory frameworks to support the blockchain ai market. This trend indicates a commitment to fostering innovation while ensuring compliance and security. Such frameworks may encourage investment and collaboration among stakeholders, paving the way for sustainable growth.

Focus on Industry-Specific Applications

There is a growing emphasis on tailoring blockchain ai solutions to meet the unique needs of specific industries. This trend suggests that sectors such as finance, healthcare, and supply chain management are likely to benefit from customized applications, enhancing operational efficiency and service delivery.

GCC Blockchain AI Market Drivers

Emergence of Smart Contracts

The emergence of smart contracts is significantly influencing the Blockchain AI Market. These self-executing contracts, which are programmed to automatically enforce and execute terms, are gaining traction in the GCC. Businesses are increasingly recognizing the efficiency and cost-effectiveness that smart contracts can provide, particularly in automating complex processes. The integration of AI enhances the functionality of smart contracts by enabling adaptive learning and decision-making capabilities. This synergy is expected to streamline operations across various sectors, including real estate and finance. As the adoption of smart contracts continues to rise, the blockchain ai market is poised for growth, with projections indicating a potential increase in market size by 30% over the next few years, driven by the demand for automation and efficiency.

Rising Demand for Data Security

The Blockchain AI Market is experiencing a notable surge in demand for enhanced data security solutions. As organizations in the GCC increasingly recognize the vulnerabilities associated with traditional data storage methods, the integration of blockchain technology with artificial intelligence offers a compelling alternative. This combination not only ensures data integrity but also enhances privacy through decentralized storage mechanisms. According to recent estimates, the market for data security solutions in the GCC is projected to grow at a CAGR of 15% over the next five years. This trend indicates a strong inclination towards adopting blockchain-based systems, which are perceived as more secure and resilient against cyber threats. Consequently, the blockchain ai market is likely to benefit significantly from this heightened focus on data protection, as businesses seek to safeguard sensitive information while leveraging AI capabilities.

Focus on Sustainable Development Initiatives

The Blockchain AI Market is also being shaped by a growing focus on sustainable development initiatives within the GCC. Governments and organizations are increasingly seeking innovative solutions to address environmental challenges, and the integration of blockchain with AI presents a promising avenue. This technology can facilitate better resource management, enhance energy efficiency, and promote sustainable practices across various industries. For instance, blockchain can be utilized to track carbon emissions and ensure compliance with environmental regulations. As sustainability becomes a priority, the blockchain ai market is likely to experience growth, with estimates suggesting that investments in green technologies could reach $1 billion by 2026. This trend indicates a strong alignment between technological advancement and environmental responsibility.

Growing Need for Transparency in Transactions

The Blockchain AI Market is being propelled by an escalating need for transparency in transactions across various industries. In the GCC, businesses are increasingly adopting blockchain solutions to enhance traceability and accountability in their operations. This trend is particularly evident in sectors such as supply chain management, where stakeholders demand greater visibility into the provenance of goods. The integration of AI with blockchain technology further amplifies this transparency by enabling real-time data analysis and reporting. As organizations strive to build trust with consumers and partners, the blockchain ai market is likely to see substantial growth. It is estimated that the demand for transparent transaction solutions could lead to a market expansion of over 20% in the coming years, as companies prioritize integrity and openness in their dealings.

Increased Investment in Innovative Technologies

Investment in innovative technologies is a critical driver for the Blockchain AI Market. In the GCC, venture capital and government funding are increasingly directed towards startups and projects that integrate blockchain with artificial intelligence. This influx of capital is fostering an environment ripe for technological advancements and experimentation. Reports suggest that investment in blockchain-related technologies in the region reached approximately $500 million in 2025, reflecting a growing recognition of the potential benefits these technologies can offer. As more financial resources are allocated to research and development, the blockchain ai market is expected to expand, enabling the creation of novel applications that can transform various sectors, including finance, healthcare, and logistics.

Market Segment Insights

By Application: Fraud Detection (Largest) vs. Smart Contracts (Fastest-Growing)

The GCC blockchain ai market exhibits a diverse application landscape, with Fraud Detection leading the market share. This segment is driven by increasing concerns over cybersecurity and financial fraud, capturing significant interest from businesses across various sectors. Following closely is Supply Chain Management, which is increasingly recognized for its potential to enhance transparency and efficiency in logistics. Other notable segments include Smart Contracts, Healthcare Solutions, and Data Privacy, each contributing to the overall fragmentation of the market share. Growth trends indicate a robust trajectory for Smart Contracts, highlighting their potential to automate and streamline agreements in various industries. The rise in demand for healthcare solutions, particularly in securing patient data, showcases a shift towards integrating blockchain technology in sensitive operations. Additionally, as businesses become more aware of data privacy regulations, solutions leveraging blockchain for improved data security are becoming crucial. This convergence of demand across segments suggests a dynamic evolution in the market driven by emerging technologies and regulatory changes.

Fraud Detection (Dominant) vs. Supply Chain Management (Emerging)

Fraud Detection remains the dominant application in the GCC blockchain ai market, providing essential mechanisms for identifying and preventing fraud in financial transactions. Its strong foothold is bolstered by heightened awareness of digital security risks and the increasing sophistication of cyber threats. Conversely, Supply Chain Management is an emerging segment that leverages blockchain technology to foster transparency and reduce inefficiencies in logistics. By enabling real-time tracking of goods and secure sharing of information among stakeholders, this application is gaining traction among companies striving for operational excellence. Both segments reflect the shifting paradigms in their respective areas, inviting continued investment and innovation as companies adapt to evolving market needs.

By Deployment Model: Private Blockchain (Largest) vs. Multi-Chain (Fastest-Growing)

In the GCC blockchain ai market, the deployment model segment showcases a diverse landscape with Public, Private, Hybrid, and Multi-Chain blockchains. Private Blockchain currently holds the largest market share, driven by increasing demand for secure, exclusive networks among enterprises. Public Blockchain, while notable, is typically utilized for decentralized applications, which has resulted in a smaller market distribution compared to Private Blockchain. Hybrid Blockchain is gaining traction as businesses seek flexibility, whereas Multi-Chain solutions are emerging to support cross-chain interoperability. Growth trends within the deployment model segment highlight significant opportunities for innovations and adaptations. The rise of Multi-Chain solutions is driven by the necessity for businesses to interact across different blockchain environments, facilitating seamless transactions and communications. Concurrently, the Private Blockchain is propelled by regulatory pressures and rising security concerns that fuel the demand for dedicated, controlled environments. Overall, the combination of security, flexibility, and interoperability is shaping the future trajectory of deployment models in this market.

Private Blockchain (Dominant) vs. Multi-Chain (Emerging)

Private Blockchain serves as the dominant force within the GCC blockchain ai market, appealing to enterprises that require a high level of data security and control over their transactions. Organizations favor this model for applications such as supply chain management and identity verification where confidentiality is paramount. The scalability and customizability of Private Blockchain further enhance its attractiveness. Conversely, Multi-Chain is an emerging player focused on solving interoperability issues among various blockchain networks. It offers a flexible architecture that allows businesses to leverage multiple chains simultaneously, promoting collaboration and expanding functional capabilities. The rising interest in Multi-Chain is indicative of a broader trend towards integrated blockchain ecosystems, where businesses can optimize their operations across diverse platforms.

By End User: Financial Services (Largest) vs. Healthcare (Fastest-Growing)

The market share distribution within the end user segment of the GCC blockchain ai market reveals that financial services hold the largest share, signifying their early adoption and strategic alignment with blockchain technology. With financial institutions increasingly leveraging blockchain for enhanced security and transparency in transactions, this segment continues to dominate the market landscape, reflecting the critical need for innovative solutions in the financial sector. Conversely, the healthcare segment is witnessing rapid growth, driven by the increasing need for secure patient data management and streamlined processes. The adoption of blockchain in healthcare is being propelled by its potential to enhance interoperability among various healthcare systems, reduce fraud, and improve patient outcomes, positioning it as the fastest-growing end user segment in the GCC market.

Financial Services: Leading (Dominant) vs. Healthcare (Emerging)

In the GCC blockchain ai market, financial services are recognized as the dominant segment, characterized by substantial investment in blockchain technologies aimed at enhancing operational efficiencies and security in transactions. Financial institutions are pioneering the use of smart contracts and decentralized finance to streamline processes and reduce costs, ensuring they stay competitive. On the other hand, the healthcare segment is emerging rapidly, driven by the urgent necessity for secure, decentralized patient data exchange and improved healthcare services. The integration of blockchain in healthcare facilitates better data management, patient privacy, and compliance with regulations, which makes it increasingly attractive to stakeholders looking to innovate and improve healthcare delivery.

By Integration Type: API Integration (Largest) vs. Middleware Integration (Fastest-Growing)

The market share distribution in the GCC blockchain ai market indicates that API Integration holds a substantial portion, making it the dominant choice for businesses looking to streamline their processes. Meanwhile, Middleware Integration is gaining traction quickly, appealing to enterprises seeking flexibility and enhanced interoperability among diverse systems. This dynamic between the two highlights the shifts in preferences among organizations that prioritize seamless integration. Growth trends in the GCC blockchain ai market suggest a strong inclination toward Middleware Integration, driven by the increasing need for robust data management strategies. As companies adopt more sophisticated technology, the demand for API Integration remains strong due to its efficiency and ease of use. The combination of these integration types reflects a growing sophistication in how organizations utilize blockchain technology to leverage artificial intelligence applications.

API Integration: Dominant vs. Middleware Integration: Emerging

API Integration is characterized by its ability to facilitate efficient communication between different software applications, making it a critical component in the GCC blockchain ai market. Its dominant position is underscored by its widespread adoption in various industries, seeking to enhance operational efficiency and integration flexibility. On the other hand, Middleware Integration is emerging as a vital option, particularly for businesses that require complex integration solutions. This segment allows for seamless data flow between applications, enabling organizations to adapt swiftly to changing market conditions and adopt innovative technologies. The increasing complexity of enterprise systems necessitates a strategic shift towards Middleware Integration, positioning it as a key player for future growth.

Get more detailed insights about GCC Blockchain AI Market

Key Players and Competitive Insights

The blockchain AI market is currently characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing demand for decentralized solutions. Key players such as IBM (US), Microsoft (US), and NVIDIA (US) are at the forefront, leveraging their extensive resources and expertise to innovate and expand their offerings. IBM (US) has positioned itself as a leader in enterprise blockchain solutions, focusing on integrating AI capabilities to enhance data security and operational efficiency. Meanwhile, Microsoft (US) emphasizes partnerships and cloud-based solutions, aiming to provide scalable blockchain services that cater to various industries. NVIDIA (US) is concentrating on the intersection of AI and blockchain, particularly in enhancing computational power for decentralized applications, thereby shaping a competitive environment that prioritizes innovation and strategic collaborations.

The business tactics employed by these companies reflect a concerted effort to optimize their operations and adapt to the evolving market structure, which appears moderately fragmented yet increasingly competitive. Localizing manufacturing and optimizing supply chains are common strategies, allowing these firms to respond swiftly to market demands. The collective influence of these key players fosters a competitive atmosphere where agility and technological prowess are paramount, driving the market towards greater sophistication and integration of AI with blockchain technologies.

In October 2025, IBM (US) announced a strategic partnership with a leading financial institution to develop a blockchain-based AI platform aimed at enhancing transaction security and efficiency. This move underscores IBM's commitment to integrating AI into its blockchain solutions, potentially setting a new standard for security in financial transactions. The partnership is likely to enhance IBM's market position by showcasing its innovative capabilities and attracting new clients seeking robust security solutions.

In September 2025, Microsoft (US) launched a new suite of blockchain tools integrated with its Azure cloud services, designed to facilitate the development of decentralized applications. This initiative not only strengthens Microsoft's foothold in the blockchain AI market but also highlights its strategy of leveraging cloud technology to provide scalable solutions. The launch is expected to attract a diverse range of businesses looking to harness the power of blockchain without the complexities of infrastructure management.

In August 2025, NVIDIA (US) unveiled a new AI-driven blockchain platform aimed at optimizing supply chain logistics. This platform utilizes advanced machine learning algorithms to enhance transparency and efficiency in supply chain operations. By focusing on this niche, NVIDIA is likely to differentiate itself from competitors, positioning its technology as essential for businesses seeking to improve operational efficiency through AI and blockchain integration.

As of November 2025, the competitive trends in the blockchain AI market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in driving innovation and expanding market reach. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident, suggesting that future competitive differentiation will hinge on the ability to innovate and deliver integrated solutions that meet the complex needs of businesses.

Key Companies in the GCC Blockchain AI Market include

Industry 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.

Future Outlook

GCC Blockchain AI Market Future Outlook

The blockchain AI market is projected to grow at 18.05% CAGR from 2024 to 2035, driven by advancements in AI technology, increased demand for transparency, and enhanced security measures.

New opportunities lie in:

  • Development of AI-driven smart contracts for automated compliance checks.
  • Integration of blockchain with AI for real-time data analytics solutions.
  • Creation of decentralized AI marketplaces for data sharing and monetization.

By 2035, the blockchain AI market is expected to achieve substantial growth and innovation.

Market Segmentation

GCC Blockchain AI Market End User Outlook

  • Financial Services
  • Healthcare
  • Retail
  • Transportation
  • Government

GCC Blockchain AI Market Application Outlook

  • Fraud Detection
  • Smart Contracts
  • Supply Chain Management
  • Healthcare Solutions
  • Data Privacy

GCC Blockchain AI Market Deployment Model Outlook

  • Public Blockchain
  • Private Blockchain
  • Hybrid Blockchain
  • Multi-Chain

GCC Blockchain AI Market Integration Type Outlook

  • API Integration
  • Middleware Integration
  • Cloud Integration
  • On-Premise Integration

Report Scope

MARKET SIZE 2024 4.72(USD Million)
MARKET SIZE 2025 5.58(USD Million)
MARKET SIZE 2035 29.31(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 18.05% (2024 - 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 ["IBM (US)", "Microsoft (US)", "NVIDIA (US)", "Google (US)", "Oracle (US)", "Accenture (IE)", "Chainalysis (US)", "C3.ai (US)"]
Segments Covered Application, Deployment Model, End User, Integration Type
Key Market Opportunities Integration of blockchain technology enhances data security and transparency in artificial intelligence applications.
Key Market Dynamics Rising demand for decentralized solutions drives innovation and competition in the blockchain AI landscape.
Countries Covered GCC
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FAQs

What is the projected market size of the GCC Blockchain AI Market in 2024?

The projected market size of the GCC Blockchain AI Market in 2024 is expected to be valued at 74.7 million USD.

How much is the GCC Blockchain AI Market expected to grow by 2035?

By 2035, the GCC Blockchain AI Market is expected to reach a valuation of 520.0 million USD.

What is the expected compound annual growth rate (CAGR) for the GCC Blockchain AI Market from 2025 to 2035?

The expected CAGR for the GCC Blockchain AI Market from 2025 to 2035 is 19.291%.

Which application is estimated to be the largest in terms of market value by 2035?

By 2035, Supply Chain Management is estimated to be the largest application with a market value of 140.0 million USD.

What is the market value for Fraud Detection in the GCC Blockchain AI Market in 2024?

The market value for Fraud Detection in 2024 is estimated to be 15.0 million USD.

Which major players are active in the GCC Blockchain AI Market?

Key players in the GCC Blockchain AI Market include SAP, Microsoft, IBM, and Accenture.

How much is the Healthcare Solutions application expected to be valued by 2035?

Healthcare Solutions is expected to be valued at 80.0 million USD by 2035.

What will be the market size for Smart Contracts in 2024?

The market size for Smart Contracts in 2024 is projected to be 18.0 million USD.

What is the market value for Data Privacy in 2035?

The market value for Data Privacy is anticipated to reach 80.0 million USD by 2035.

What are the growth drivers for the GCC Blockchain AI Market?

The growth drivers for the GCC Blockchain AI Market include increasing demand for fraud detection and enhanced data privacy solutions.

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