Spain 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

Spain Blockchain AI Market Overview

As per MRFR analysis, the Spain Blockchain AI Market Size was estimated at 51.5 (USD Million) in 2023.The Spain Blockchain AI Market is expected to grow from 66.4(USD Million) in 2024 to 1,330 (USD Million) by 2035. The Spain Blockchain AI Market CAGR (growth rate) is expected to be around 31.321% during the forecast period (2025 - 2035)

Key Spain Blockchain AI Market Trends Highlighted

The growing interest from the public and private sectors is driving significant trends in the Spanish blockchain artificial intelligence market. Government programs that promote the integration of cutting-edge technology, like Spain's National Strategy for Artificial Intelligence, encourage investment in blockchain applications that can improve security and efficiency.

With industries like supply chain management and finance at the forefront, Spanish businesses are aggressively investigating prospects in smart contracts and decentralised finance. Businesses are adopting blockchain solutions driven by AI in an effort to increase operational efficiency as a result of the increased demand for transaction transparency and traceability.

Spain's robust startup scene and encouraging legislative framework further increase the opportunities to participate in the country's blockchain artificial intelligence market. A number of Spanish cities, such as Madrid and Barcelona, are becoming centres of innovation, drawing talent and establishing blockchain-focused networks.

Research and development in this area is being encouraged by partnerships between academic institutions and business, which could result in ground-breaking applications. Increased cooperation between digital companies and conventional businesses is also taking place in the local market, opening up new avenues for blockchain solutions powered by AI.

According to recent trends, blockchain technology is becoming more widely known and used in a variety of industries as companies want to use AI analytics to make better decisions. Blockchain technology and artificial intelligence are coming together to provide novel solutions that enhance data integrity and permit intelligent data use.

A lot of effort is being made to investigate applications in the healthcare industry, where combining various technologies can solve problems like interoperability and data privacy. The future of the Blockchain AI market in Spain is bright and ready for more research because of the government's dedication to sustainable growth and digital transformation.

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

Spain Blockchain AI Market Drivers

Increasing Adoption of Blockchain in Government Sector

The Spain Blockchain AI Market is witnessing a significant boost from the government's increasing adoption of blockchain technology. The Spanish government has unveiled several initiatives aimed at enhancing the digitalization of public services, including the use of blockchain to provide transparency in public records and transactions.

In 2022, the Spanish Digital Government Strategy set forth plans to integrate blockchain technology, with projections of improving operational efficiency by 25% within public institutions. This governmental commitment is expected to spur investment in blockchain applications combined with artificial intelligence, which would enable better data management and analysis.

Major companies such as Accenture have collaborated with the Spanish government, aiding in the development of the framework to operationalize these technological solutions, thereby driving forward the Spain Blockchain AI Market.

Surge in Demand for Enhanced Data Security

Data security is becoming an increasingly significant concern across various sectors in Spain. The rise in cyber threats has led organizations to seek robust solutions that blockchain technology can offer, such as immutability and enhanced traceability.

Research indicates that 43% of Spanish businesses have reported experiencing data breaches in recent years. This alarming statistic has compelled companies to explore the integration of artificial intelligence with blockchain to create more secure environments for transactions and data exchange.

Collaborations between tech giants such as IBM and local firms are emerging, emphasizing the importance of implementing AI-driven blockchain solutions to mitigate risks, thereby propelling the growth of the Spain Blockchain AI Market.

Growing Investment in Startups Focused on AI and Blockchain

The startup ecosystem in Spain is rapidly evolving, with increased investment in companies focusing on artificial intelligence and blockchain technologies. In 2023, Spain saw a 45% rise in venture capital funding allocated to tech startups, amounting to approximately 500 million Euros specifically targeted at blockchain and AI initiatives.

This surge in funding is fostering innovation within the Spain Blockchain AI Market, as new entrants are developing unique solutions that leverage the synergy between blockchain and AI.

Established investors, along with government support through initiatives like Startups Spain Act, are creating conducive environments for emerging companies to thrive, ultimately fostering an ecosystem that prioritizes technological advancement.

Spain Blockchain AI Market Segment Insights

Blockchain AI Market Application Insights

The Application segment of the Spain Blockchain AI Market is witnessing significant growth and excitement across various industries, driven by the increasing need for innovative technological solutions. As businesses in Spain continue to adopt blockchain technology and artificial intelligence for enhanced operational efficiency, several key areas are emerging as leaders in adoption.

Fraud Detection is increasingly crucial as organizations seek to safeguard against financial crimes and data breaches, utilizing the combined power of blockchain's transparency and AI's predictive analytics.

Meanwhile, Smart Contracts present a significant opportunity by automating transactions and agreements with minimal human intervention, thereby enhancing trust and reducing costs across various business verticals.

In the realm of Supply Chain Management, the integration of blockchain and AI is transforming logistical operations, ensuring traceability and accountability in product sourcing and distribution, which is essential for sectors such as agribusiness and manufacturing that are prevalent in Spain.

Healthcare Solutions are becoming increasingly prominent, where patient data management and secure sharing of health information can significantly improve patient outcomes by facilitating timely access to critical health data.

Moreover, Data Privacy is emerging as a focal point, with stringent regulations and heightened consumer awareness leading organizations to adopt blockchain for immutable data management practices that protect consumer information.

These applications are not only reshaping existing business practices but are also contributing to the broader goals of enhancing efficiency, reducing costs, and increasing security across industries in Spain.

With supportive legislation and investment in technology, Spain is poised to become a key player in the adoption of Blockchain AI applications, reflecting the nation's commitment to innovation and technological advancement.

This strategic push towards these applications mirrors trends seen globally, yet is specifically tailored to meet the unique demands of the Spanish market, thereby fostering an ecosystem ripe for growth and innovation in the dynamic intersection of blockchain and artificial intelligence.

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

Blockchain AI Market Deployment Model Insights

The Deployment Model segment within the Spain Blockchain AI Market exhibits diverse characteristics that cater to various business needs. Public Blockchain is gaining traction due to its transparency and decentralization features, making it favorable for industries focused on open data sharing.

In contrast, Private Blockchain is increasingly adopted by organizations looking for enhanced security and privacy, especially in sectors like banking and healthcare, where sensitive information management is crucial.

Hybrid Blockchain combines the benefits of both public and private models, offering flexibility and scalability, which is becoming essential for enterprises seeking to innovate while maintaining control over their data.

Additionally, Multi-Chain solutions are emerging as an effective approach to integrate various blockchains, facilitating interoperability and allowing businesses to tailor their blockchain infrastructures for specific applications.

Each deployment type presents unique opportunities and addresses distinct challenges, indicating a robust evolution within the Spain Blockchain AI Market segmentation, driven by technological advancements and shifting consumer demands.

Blockchain AI Market End-user Insights

The Spain Blockchain AI Market is poised for significant growth, particularly in the End-user segment, which encompasses various industries including Financial Services, Healthcare, Retail, Transportation, and Government.

Financial Services is increasingly turning to Blockchain AI for enhanced security, efficient transaction processing, and fraud detection, thereby driving market adoption. Meanwhile, Healthcare is leveraging Blockchain technology to streamline patient data management and enhance transparency in clinical data utilization.

Retailers have started embracing Blockchain AI to optimize supply chain operations and improve customer engagement through personalized experiences. The Transportation sector benefits from increased logistics efficiency and improved tracking of goods and services.

Government applications focus on enhancing public service delivery and ensuring data security in citizen interactions. Overall, these industries are crucial to the Spain Blockchain AI Market revenue, showcasing diverse applications and demonstrating the transformative potential of technology across various sectors, thus significantly contributing to the market growth in Spain.

Blockchain AI Market Integration Type Insights

The Integration Type segment in the Spain Blockchain AI Market is a critical aspect that encompasses various integration methodologies essential for seamless interoperability and efficiency. API Integration is significant as it allows diverse applications to communicate effectively, enhancing system flexibility and user experience.

Middleware Integration plays a crucial role by acting as a bridge between different data sources and applications, facilitating real-time data exchange and promoting operational efficiency. Cloud Integration is increasingly important in Spain's digital landscape, as it enables scalability and accessibility, catering to the demand for remote and decentralized solutions.

On-Premise Integration remains prevalent for organizations prioritizing data security and control, reflecting the balance between traditional systems and modern requirements. Overall, each integration method supports the broader goal of optimizing organizational workflows and data management in Spain’s evolving Blockchain AI landscape.

The emphasis on these integration types illustrates their dominance in enhancing operational capabilities and driving innovation within the Spain Blockchain AI Market, creating opportunities for growth and technological advancement.

Spain Blockchain AI Market Key Players and Competitive Insights

The Spain Blockchain AI Market is witnessing a dynamic evolution characterized by its integration of advanced technologies in various sectors, including finance, supply chain, and healthcare. This market is marked by both opportunities and challenges due to the rapid pace of technological advancements and the regulatory environment surrounding blockchain and artificial intelligence.

Companies in Spain are increasingly investing in innovative solutions that leverage blockchain technology to enhance data security, streamline operations, and improve transparency. The competitive landscape is diverse, with both established players and emerging startups vying for market share, creating a vibrant ecosystem that fosters collaboration and innovation.

Key market participants are focusing on developing customized solutions to address specific industry needs, leading to a surge in demand for Blockchain AI technology across various domains.

SAP stands out in the Spain Blockchain AI Market due to its strong market presence and comprehensive suite of solutions tailored for businesses. With a commitment to innovation and excellence, SAP has leveraged its expertise in enterprise application software to integrate blockchain technology into its existing offerings.

The company's strengths lie in its ability to provide seamless data management and organizational efficiency through its advanced analytics and AI capabilities, which are both essential for companies looking to adopt blockchain solutions.

This strategic focus allows SAP to maintain a competitive edge in the Spanish market, as they provide robust solutions that help organizations in various sectors realize their digital transformation goals more efficiently and effectively.

Sopra Steria has established itself as a key player in the Spain Blockchain AI Market by offering a wide range of innovative services that merge blockchain technology with artificial intelligence. The company's portfolio includes solutions for data decentralization and enhanced security, which are particularly valuable for sectors such as financial services and governmental organizations.

Sopra Steria’s strength is amplified by its longstanding reputation for delivering high-quality IT services and consulting, which has helped them gain traction with both public and private sector clients.

Their strategic moves, including mergers and acquisitions, bolster their capabilities and extend their service offerings within Spain, allowing the organization to respond swiftly to the growing demand for integrated blockchain and AI services.

The vibrant local partnerships that Sopra Steria fosters further enhance its position, enabling the company to create tailored solutions that cater specifically to the evolving needs of the Spanish market.

Key Companies in the Spain Blockchain AI Market Include

• SAP


• Sopra Steria


• Accenture


• Bit2Me


• Coinbase


• Inatbox


• Microsoft


• Oracle


• IBM


• GFT Technologies


• Everis


• Hyperledger

Spain Blockchain AI Market Developments

Telefónica's venture capital division, Wayra, sponsored a €20.7 million fundraising round in May 2025 for Crossmint, a firm that provides an all-in-one blockchain platform enhanced with AI agents to streamline enterprise credential APIs, wallets, and payments.

The first formal framework for asset tokenisation was approved by Spain's CNMV regulator in November 2024, allowing managed funds to issue tokenised instruments. This was a significant advancement for blockchain technology connected to smart contract capabilities.

In order to promote AI integration across industries, including blockchain infrastructure, Spain previously stated in December 2024 that it would invest close to €62 million in its first AI "factory," which would be based at the MareNostrum 5 supercomputer.

Additionally, the government established an International Advisory Council on AI in June 2024 to oversee the ethical application of AI, which includes looking into blockchain-AI connections for regulatory transparency and digital rights management. These advancements show that both public and private entities are actively working to strengthen Spain's capacity to integrate blockchain technology with artificial intelligence.

Spain 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	51.5(USD Million)
MARKET SIZE 2024	66.4(USD Million)
MARKET SIZE 2035	1330.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	31.321% (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	SAP, Sopra Steria, Kermata, Accenture, Bit2Me, Sistemas, Coinbase, Inatbox, Microsoft, ChainSafe Systems, Oracle, IBM, GFT Technologies, Everis, Hyperledger
SEGMENTS COVERED	Application, Deployment Model, End User, Integration Type
KEY MARKET OPPORTUNITIES	Decentralized finance solutions growth, Supply chain transparency enhancement, AI-driven data security innovations, Smart contracts for various sectors, Improved regulatory compliance mechanisms
KEY MARKET DYNAMICS	regulatory framework development, increasing investment activity, growing demand for transparency, rising adoption across industries, technological advancements and innovation
COUNTRIES COVERED	Spain