The Future Of Manufacturing Technologies, 2018

The Blockchain market is forecast to grow in a 61.5% Compound Annual Growth Rate (CAGR) between 2016 and 2021, developing from $.2B to $2.3B in 2021. The largest segments are in the company and financial services and technologies, telecom and media. The biggest protocols comprise Bitcoin, Ethereum, and Ripple. Deloitte discovered that banks have allegedly stored between $8B to12B annually with blockchain technology to enhance operational efficiencies. The Artificial Intelligence (AI) market is predicted to rise from $8B in 2016 to $72B from 2021, reaching a 55.1 percent CAGR.