Global Web 3.0 Blockchain Market Overview
Global Web 3.0 Blockchain Market was valued at USD 2.76 Billion in 2022 and is expected to reach USD 41.01 Billion by the year 2030, at a CAGR of 40.12%.
Web 3.0 is the next iteration or phase of the web's/evolution. Because decentralization is the most prominent feature of blockchain, it gives it an ideal foundation for web 3.0 development. The three main pillars of web 3.0 blockchain technology are artificial intelligence (AI), machine learning (ML), and blockchain technology. The web 3.0 blockchain allows users to save data in decentralized storage and is focused on personal data privacy and security. Web 3.0 has revolutionized the way humans and machines communicate, allowing for data transfer, cryptocurrency payments, and quick ownership transfer. Users can pick which data to share using Web 3.0 blockchain technology. Personal data is controlled by the user rather than a third-party supplier with web 3.0 blockchain technology. This has aided in the transfer of personal data ownership from third-party providers to users. The concept of data ownership is gaining traction, and consumers are turning to web 3.0 blockchains to protect their data and reduce third-party vendor security and privacy concerns. Hence, the Web 3.0 Blockchain Market is anticipated to grow during the forecasted period.
Market Dynamics And Factors For Web 3.0 Blockchain Market
Drivers:
Decentralized Characteristics Attract The Growth
The decentralized character of the web 3.0 blockchain is evident. As a result, all transactions are tracked and extremely transparent. Blockchain employs the information traceability technique, which ensures that data is not tampered with or altered. Web 3.0 blockchain technology improves the payment system's transparency, as each transaction is recorded and irreversible, which is advantageous to users during the audit. Web 3.0 blockchain technology's ability to record transactions is becoming increasingly significant in internet surveillance and regulation. People can also track government-related transactions that use their information. Because these tactics are so clear, they've gained popularity in recent years across a wide range of businesses. This technology has increased accountability and is assisting in the development of a transparent and accountable digital economy. In the anticipated timeframe, increased openness of the web 3.0 blockchain will play a significant role in boosting demand for web 3.0 blockchain technology.
Restraints:
Nonregulation Creates Venerability For Retail Users In Web 3.0
Decentralization is a key component of Online 3.0, which means the web application is kept in a blockchain. All blockchain participants are the owners, and they decide on product changes through consensus. The essential issue is that the data is not under the control of a single authority. There are no laws or regulations that govern what type of show or content can be broadcast. Controlling it and determining who is responsible for harassment and scam stuff will be a major challenge. Because the regulation is disconnected from technology, more scammers will find new methods to exploit the system.
Opportunities:
Bright Opportunity In Securing Payment System Methods Via A Blockchain Platform
Blockchain in Web 3.0 is a rapidly evolving technology. It offers significant advantages to the end-user, such as lower operational costs, increased speed, reduced cyber-attack risks, and individual data management. Blockchain and IoT integration, as well as the use of blockchain technology in logistics and operations, have all witnessed significant advancements in recent years. Major research and development are being done to improve the scalability of this technology so that it can be used effectively in businesses including currency exchange, social networking, chat platforms, data storage, and browsing. Web 3.0 technology has aided the emergence of NFT payment systems and digital collectibles in recent years. Other uses involving the technology include spatial web design, 3D graphics, and more. In the anticipated timeframe, the continued rise of web 3.0 will generate enormous growth potential and will touch numerous industrial sectors.
Segmentation Analysis of Web 3.0 Blockchain Market
By Blockchain Type, the Public blockchain type dominates the Web 3.0 Blockchain Market. Public blockchain focuses to maintain a high degree of security standards since shared networks are frequently targets of online hacking assaults. True decentralization is one of the main attractions for any public blockchain company. The network is not maintained by a single central platform; rather, it is a distributed system in which each user owns a copy of the ledger. The ledger is updated on a consensual basis, and maintenance operations are performed from various nodes. For Instance, Ethereum is a highly used public blockchain network that has global users. Most people are familiar with Ethereum, which is a public blockchain network that handles billions of dollars in transactions. However, many individuals are unaware that the Ethereum codebase is also used by businesses all over the world to create corporate blockchain networks. Many of these private, permissioned Ethereum instances are independent of the main Ethereum network, albeit they can connect to data or value on the main Ethereum network. Hence, the Public blockchain type is expected to grow in the Web 3.0 Blockchain Market.
By Application, the Cryptocurrency segment is expected to dominate the Web 3.0 Blockchain Market. Cryptocurrency is a Web 3.0 digital payment layer that allows for faster and less expensive transactions. As a result, the increased use of cryptocurrencies around the world is likely to boost industry growth. Coinbase, a cryptocurrency exchange, reported 8.8 million monthly active users in 2021, up from 2.8 million in 2020. Various governments around the world are working to legalize cryptocurrencies to attract new participants and boost their economies. For example, as part of its plan to become a Web 3.0 hub, Dubai announced in March 2022 that it had passed a new cryptocurrency law to oversee the activities of digital assets and cryptocurrencies. The UAE intends to establish a Dubai Virtual Assets Regulatory Authority under the new law, which will be responsible for regulating blockchain-based virtual assets.
By Vertical, the BFSI segment is expected to be dominating in the Web 3.0 Blockchain Market. FinTech firms will have a natural edge, but banks and other traditional financial institutions will be able to catch up quickly once they have access to large capital and can develop partnerships with innovative FinTech firms. Financial institutions must begin investing in and developing their in-house technology capabilities now. 20 Collaboration and partnership will also be important, and we are already witnessing this. Depending on the sort of financial organization, different approaches to AI are taken. For the most part, AI is employed in FinTech and financial organizations for algorithmic trading, fraud detection, and portfolio optimization. Meanwhile, fraud detection, recommendation systems, and sales and marketing optimization are among the top AI applications for banks. The use of blockchain-based web 3.0 is expected to increase exponentially. For Instance, The Royal Bank of Canada is leveraging millions of data points to train its proprietary AI in a fraction of the time, which has resulted in fewer client calls and faster delivery of new applications for the bank's clients. Meanwhile, BNY Mellon, the world's largest cross-border payments service provider, has improved the accuracy of its AI and machine learning models to predict fraud by 20%. By crunching real-time market data within nanoseconds, AI is being integrated with high-performance computing to provide traders with greater and faster intelligence.
Regional Analysis of Web 3.0 Blockchain Market
North America dominates the Web 3.0 Blockchain Market. The United States region is favored by tech companies as business-friendly rules and regulations attract the new web 3.0 and crypto-based startups from all over the globe. The Internal Revenue Service (IRS) has established official rules for the taxation of cryptocurrencies in the United States. The Securities and Exchange Commission keeps track of all ICO-related activity. Cryptocurrency gains are taxed in the United States. When it comes to blockchain, the United States is the greatest regional spender. Western Europe will be the technology's second-largest customer ($1.6 billion), followed by China ($777 million). The U.S. Government is actively seeking to utilize the power of the blockchain (or, as it is more formally known, distributed ledger technology or DLT) to enhance government systems across various platforms and agencies. For example, the US Navy's recent Phase II Small Business Innovation Research (SBIR) award to SIMBA Chain demonstrates the government's interest in engaging with both large and small government contractors to tackle its blockchain concerns and the potential use and growth of Web 3.0 blockchain. Similarly, the publicly traded cryptocurrency Constellation ($DAG) was recently awarded a Phase I SBIR project to improve the Air Force's data utilization and administration. Therefore, Web 3.0 Blockchain is expected to be growing substantially during the forecasted period.
European Region is expected to grow exponentially during the forecasted period. Europe is on the verge of consolidating the legal, regulatory, and policy frameworks governing crypto assets and decentralized web platforms such as web 3.0 throughout European Union member states. The European Commission published a proposal for a "Regulation of the European Parliament and of the Council on Markets in Crypto-Assets," also known as the MiCA proposal, in September 2020. The MiCA proposal is a comprehensive set of measures aimed at further enabling and supporting the potential of digital finance in terms of innovation and competition while mitigating the risks. The Digital Finance package also contains a proposal for a pilot regime on distributed ledger technology (DLT) market infrastructures, a proposal for digital operational resilience, and a proposal to clarify or alter certain associated EU financial services legislation, in addition to the MiCA plan. The European Union's plan places a high priority on ensuring that the EU's financial services regulatory environment is open to innovation and does not obstruct the adoption of new technology. The MiCA proposal, along with the proposal for a DLT pilot program, is the first concrete step in this direction. Such regulatory efforts are certainly beneficial for the growth of the Web 3.0 Blockchain Market.
COVID-19 Impact Analysis on Web 3.0 Blockchain Market
The COVID-19 pandemic wreaked havoc on businesses like transportation, aviation, and retail. The epidemic, on the other hand, had little effect on the IT industry. Despite the pandemic, the IT industry maintained a steady revenue stream. The IT business was hit hard by increasing IT spending as employees chose to work from home, and the use of cloud software and other digital platforms skyrocketed during the pandemic. In addition, the epidemic has created new business prospects for the IT industry, including increased demand for 5G technology, quantum technology, virtual and augmented reality, blockchain and artificial intelligence, and machine learning. Web 3.0 is at its initial stage in terms of application, hence for the development part of the technology, the pandemic has been hardly affected the market. In terms of hardware sourcing, the supply chain was the main issue in web 3.0 blockchain development. As the situation normalizes, many companies are moving ahead with digital integration as a priority which may boost blockchain-based web 3.0 usage and eventually help to grow the market.
Players Covered in Web 3.0 Blockchain Market are
- Polkadot (Web3 Foundation)
- Helium Systems Inc.
- Ocean Protocol Foundation Ltd.
- Decentraland
- Flux
- Filecoin
- Kadena
- ZCash and other major players.
Key Industry Developments In Web 3.0 Blockchain Market
February 2022, Wazir X has released Shardeum, a new web 3.0 platform designed to address one of the basic issues with web 3.0 platforms: scale.
May 2020, Polkadot, a sharded protocol that allows decentralized blockchain networks to operate together, fluidly, and at scale, was launched by the Web3 Foundation.
Global Web 3.0 Blockchain Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2017 to 2022 |
Market Size in 2022: |
USD 2.76 Bn. |
Forecast Period 2023-30 CAGR: |
40.12% |
Market Size in 2030: |
USD 41.01 Bn. |
Segments Covered: |
By Blockchain Type |
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By Application |
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By Vertical |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
ā1.1 Research Objectives
ā1.2 Research Methodology
ā1.3 Research Process
ā1.4 Scope and Coverage
āā1.4.1 Market Definition
āā1.4.2 Key Questions Answered
ā1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
ā3.1 By Blockchain Type
ā3.2 By Application
ā3.3 By Vertical
Chapter 4: Market Landscape
ā4.1 Porter's Five Forces Analysis
āā4.1.1 Bargaining Power of Supplier
āā4.1.2 Threat of New Entrants
āā4.1.3 Threat of Substitutes
āā4.1.4 Competitive Rivalry
āā4.1.5 Bargaining Power Among Buyers
ā4.2 Industry Value Chain Analysis
ā4.3 Market Dynamics
āā4.3.1 Drivers
āā4.3.2 Restraints
āā4.3.3 Opportunities
āā4.5.4 Challenges
ā4.4 Pestle Analysis
ā4.5 Technological Roadmap
ā4.6 Regulatory Landscape
ā4.7 SWOT Analysis
ā4.8 Price Trend Analysis
ā4.9 Patent Analysis
ā4.10 Analysis of the Impact of Covid-19
āā4.10.1 Impact on the Overall Market
āā4.10.2 Impact on the Supply Chain
āā4.10.3 Impact on the Key Manufacturers
āā4.10.4 Impact on the Pricing
Chapter 5: Web 3.0 Blockchain Market by Blockchain Type
ā5.1 Web 3.0 Blockchain Market Overview Snapshot and Growth Engine
ā5.2 Web 3.0 Blockchain Market Overview
ā5.3 Public
āā5.3.1 Introduction and Market Overview
āā5.3.2 Historic and Forecasted Market Size (2016-2028F)
āā5.3.3 Key Market Trends, Growth Factors and Opportunities
āā5.3.4 Public: Grographic Segmentation
ā5.4 Private
āā5.4.1 Introduction and Market Overview
āā5.4.2 Historic and Forecasted Market Size (2016-2028F)
āā5.4.3 Key Market Trends, Growth Factors and Opportunities
āā5.4.4 Private: Grographic Segmentation
ā5.5 Consortium
āā5.5.1 Introduction and Market Overview
āā5.5.2 Historic and Forecasted Market Size (2016-2028F)
āā5.5.3 Key Market Trends, Growth Factors and Opportunities
āā5.5.4 Consortium: Grographic Segmentation
ā5.6 Hybrid
āā5.6.1 Introduction and Market Overview
āā5.6.2 Historic and Forecasted Market Size (2016-2028F)
āā5.6.3 Key Market Trends, Growth Factors and Opportunities
āā5.6.4 Hybrid: Grographic Segmentation
Chapter 6: Web 3.0 Blockchain Market by Application
ā6.1 Web 3.0 Blockchain Market Overview Snapshot and Growth Engine
ā6.2 Web 3.0 Blockchain Market Overview
ā6.3 Cryptocurrency
āā6.3.1 Introduction and Market Overview
āā6.3.2 Historic and Forecasted Market Size (2016-2028F)
āā6.3.3 Key Market Trends, Growth Factors and Opportunities
āā6.3.4 Cryptocurrency: Grographic Segmentation
ā6.4 Conversational AI
āā6.4.1 Introduction and Market Overview
āā6.4.2 Historic and Forecasted Market Size (2016-2028F)
āā6.4.3 Key Market Trends, Growth Factors and Opportunities
āā6.4.4 Conversational AI: Grographic Segmentation
ā6.5 Data & transaction storage
āā6.5.1 Introduction and Market Overview
āā6.5.2 Historic and Forecasted Market Size (2016-2028F)
āā6.5.3 Key Market Trends, Growth Factors and Opportunities
āā6.5.4 Data & transaction storage: Grographic Segmentation
ā6.6 Payments
āā6.6.1 Introduction and Market Overview
āā6.6.2 Historic and Forecasted Market Size (2016-2028F)
āā6.6.3 Key Market Trends, Growth Factors and Opportunities
āā6.6.4 Payments: Grographic Segmentation
ā6.7 Smart contracts
āā6.7.1 Introduction and Market Overview
āā6.7.2 Historic and Forecasted Market Size (2016-2028F)
āā6.7.3 Key Market Trends, Growth Factors and Opportunities
āā6.7.4 Smart contracts: Grographic Segmentation
Chapter 7: Web 3.0 Blockchain Market by Vertical
ā7.1 Web 3.0 Blockchain Market Overview Snapshot and Growth Engine
ā7.2 Web 3.0 Blockchain Market Overview
ā7.3 BFSI
āā7.3.1 Introduction and Market Overview
āā7.3.2 Historic and Forecasted Market Size (2016-2028F)
āā7.3.3 Key Market Trends, Growth Factors and Opportunities
āā7.3.4 BFSI: Grographic Segmentation
ā7.4 E-commerce & Retail
āā7.4.1 Introduction and Market Overview
āā7.4.2 Historic and Forecasted Market Size (2016-2028F)
āā7.4.3 Key Market Trends, Growth Factors and Opportunities
āā7.4.4 E-commerce & Retail: Grographic Segmentation
ā7.5 Media & entertainment
āā7.5.1 Introduction and Market Overview
āā7.5.2 Historic and Forecasted Market Size (2016-2028F)
āā7.5.3 Key Market Trends, Growth Factors and Opportunities
āā7.5.4 Media & entertainment: Grographic Segmentation
ā7.6 Healthcare & pharmaceuticals
āā7.6.1 Introduction and Market Overview
āā7.6.2 Historic and Forecasted Market Size (2016-2028F)
āā7.6.3 Key Market Trends, Growth Factors and Opportunities
āā7.6.4 Healthcare & pharmaceuticals: Grographic Segmentation
ā7.7 IT & telecom
āā7.7.1 Introduction and Market Overview
āā7.7.2 Historic and Forecasted Market Size (2016-2028F)
āā7.7.3 Key Market Trends, Growth Factors and Opportunities
āā7.7.4 IT & telecom: Grographic Segmentation
ā7.8 Others
āā7.8.1 Introduction and Market Overview
āā7.8.2 Historic and Forecasted Market Size (2016-2028F)
āā7.8.3 Key Market Trends, Growth Factors and Opportunities
āā7.8.4 Others: Grographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
ā8.1 Competitive Landscape
āā8.1.1 Competitive Positioning
āā8.1.2 Web 3.0 Blockchain Sales and Market Share By Players
āā8.1.3 Industry BCG Matrix
āā8.1.4 Ansoff Matrix
āā8.1.5 Web 3.0 Blockchain Industry Concentration Ratio (CR5 and HHI)
āā8.1.6 Top 5 Web 3.0 Blockchain Players Market Share
āā8.1.7 Mergers and Acquisitions
āā8.1.8 Business Strategies By Top Players
ā8.2 POLKADOT (WEB3 FOUNDATION)
āā8.2.1 Company Overview
āā8.2.2 Key Executives
āā8.2.3 Company Snapshot
āā8.2.4 Operating Business Segments
āā8.2.5 Product Portfolio
āā8.2.6 Business Performance
āā8.2.7 Key Strategic Moves and Recent Developments
āā8.2.8 SWOT Analysis
ā8.3 HELIUM SYSTEMS INC.
ā8.4 OCEAN PROTOCOL FOUNDATION LTD.
ā8.5 DECENTRALAND
ā8.6 FLUX
ā8.7 FILECOIN
ā8.8 KADENA
ā8.9 ZCASH
ā8.10 OTHER MAJOR PLAYERS
Chapter 9: Global Web 3.0 Blockchain Market Analysis, Insights and Forecast, 2016-2028
ā9.1 Market Overview
ā9.2 Historic and Forecasted Market Size By Blockchain Type
āā9.2.1 Public
āā9.2.2 Private
āā9.2.3 Consortium
āā9.2.4 Hybrid
ā9.3 Historic and Forecasted Market Size By Application
āā9.3.1 Cryptocurrency
āā9.3.2 Conversational AI
āā9.3.3 Data & transaction storage
āā9.3.4 Payments
āā9.3.5 Smart contracts
ā9.4 Historic and Forecasted Market Size By Vertical
āā9.4.1 BFSI
āā9.4.2 E-commerce & Retail
āā9.4.3 Media & entertainment
āā9.4.4 Healthcare & pharmaceuticals
āā9.4.5 IT & telecom
āā9.4.6 Others
Chapter 10: North America Web 3.0 Blockchain Market Analysis, Insights and Forecast, 2016-2028
ā10.1 Key Market Trends, Growth Factors and Opportunities
ā10.2 Impact of Covid-19
ā10.3 Key Players
ā10.4 Key Market Trends, Growth Factors and Opportunities
ā10.4 Historic and Forecasted Market Size By Blockchain Type
āā10.4.1 Public
āā10.4.2 Private
āā10.4.3 Consortium
āā10.4.4 Hybrid
ā10.5 Historic and Forecasted Market Size By Application
āā10.5.1 Cryptocurrency
āā10.5.2 Conversational AI
āā10.5.3 Data & transaction storage
āā10.5.4 Payments
āā10.5.5 Smart contracts
ā10.6 Historic and Forecasted Market Size By Vertical
āā10.6.1 BFSI
āā10.6.2 E-commerce & Retail
āā10.6.3 Media & entertainment
āā10.6.4 Healthcare & pharmaceuticals
āā10.6.5 IT & telecom
āā10.6.6 Others
ā10.7 Historic and Forecast Market Size by Country
āā10.7.1 U.S.
āā10.7.2 Canada
āā10.7.3 Mexico
Chapter 11: Europe Web 3.0 Blockchain Market Analysis, Insights and Forecast, 2016-2028
ā11.1 Key Market Trends, Growth Factors and Opportunities
ā11.2 Impact of Covid-19
ā11.3 Key Players
ā11.4 Key Market Trends, Growth Factors and Opportunities
ā11.4 Historic and Forecasted Market Size By Blockchain Type
āā11.4.1 Public
āā11.4.2 Private
āā11.4.3 Consortium
āā11.4.4 Hybrid
ā11.5 Historic and Forecasted Market Size By Application
āā11.5.1 Cryptocurrency
āā11.5.2 Conversational AI
āā11.5.3 Data & transaction storage
āā11.5.4 Payments
āā11.5.5 Smart contracts
ā11.6 Historic and Forecasted Market Size By Vertical
āā11.6.1 BFSI
āā11.6.2 E-commerce & Retail
āā11.6.3 Media & entertainment
āā11.6.4 Healthcare & pharmaceuticals
āā11.6.5 IT & telecom
āā11.6.6 Others
ā11.7 Historic and Forecast Market Size by Country
āā11.7.1 Germany
āā11.7.2 U.K.
āā11.7.3 France
āā11.7.4 Italy
āā11.7.5 Russia
āā11.7.6 Spain
āā11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Web 3.0 Blockchain Market Analysis, Insights and Forecast, 2016-2028
ā12.1 Key Market Trends, Growth Factors and Opportunities
ā12.2 Impact of Covid-19
ā12.3 Key Players
ā12.4 Key Market Trends, Growth Factors and Opportunities
ā12.4 Historic and Forecasted Market Size By Blockchain Type
āā12.4.1 Public
āā12.4.2 Private
āā12.4.3 Consortium
āā12.4.4 Hybrid
ā12.5 Historic and Forecasted Market Size By Application
āā12.5.1 Cryptocurrency
āā12.5.2 Conversational AI
āā12.5.3 Data & transaction storage
āā12.5.4 Payments
āā12.5.5 Smart contracts
ā12.6 Historic and Forecasted Market Size By Vertical
āā12.6.1 BFSI
āā12.6.2 E-commerce & Retail
āā12.6.3 Media & entertainment
āā12.6.4 Healthcare & pharmaceuticals
āā12.6.5 IT & telecom
āā12.6.6 Others
ā12.7 Historic and Forecast Market Size by Country
āā12.7.1 China
āā12.7.2 India
āā12.7.3 Japan
āā12.7.4 Singapore
āā12.7.5 Australia
āā12.7.6 New Zealand
āā12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Web 3.0 Blockchain Market Analysis, Insights and Forecast, 2016-2028
ā13.1 Key Market Trends, Growth Factors and Opportunities
ā13.2 Impact of Covid-19
ā13.3 Key Players
ā13.4 Key Market Trends, Growth Factors and Opportunities
ā13.4 Historic and Forecasted Market Size By Blockchain Type
āā13.4.1 Public
āā13.4.2 Private
āā13.4.3 Consortium
āā13.4.4 Hybrid
ā13.5 Historic and Forecasted Market Size By Application
āā13.5.1 Cryptocurrency
āā13.5.2 Conversational AI
āā13.5.3 Data & transaction storage
āā13.5.4 Payments
āā13.5.5 Smart contracts
ā13.6 Historic and Forecasted Market Size By Vertical
āā13.6.1 BFSI
āā13.6.2 E-commerce & Retail
āā13.6.3 Media & entertainment
āā13.6.4 Healthcare & pharmaceuticals
āā13.6.5 IT & telecom
āā13.6.6 Others
ā13.7 Historic and Forecast Market Size by Country
āā13.7.1 Turkey
āā13.7.2 Saudi Arabia
āā13.7.3 Iran
āā13.7.4 UAE
āā13.7.5 Africa
āā13.7.6 Rest of MEA
Chapter 14: South America Web 3.0 Blockchain Market Analysis, Insights and Forecast, 2016-2028
ā14.1 Key Market Trends, Growth Factors and Opportunities
ā14.2 Impact of Covid-19
ā14.3 Key Players
ā14.4 Key Market Trends, Growth Factors and Opportunities
ā14.4 Historic and Forecasted Market Size By Blockchain Type
āā14.4.1 Public
āā14.4.2 Private
āā14.4.3 Consortium
āā14.4.4 Hybrid
ā14.5 Historic and Forecasted Market Size By Application
āā14.5.1 Cryptocurrency
āā14.5.2 Conversational AI
āā14.5.3 Data & transaction storage
āā14.5.4 Payments
āā14.5.5 Smart contracts
ā14.6 Historic and Forecasted Market Size By Vertical
āā14.6.1 BFSI
āā14.6.2 E-commerce & Retail
āā14.6.3 Media & entertainment
āā14.6.4 Healthcare & pharmaceuticals
āā14.6.5 IT & telecom
āā14.6.6 Others
ā14.7 Historic and Forecast Market Size by Country
āā14.7.1 Brazil
āā14.7.2 Argentina
āā14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Web 3.0 Blockchain Market |
|||
Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2017 to 2022 |
Market Size in 2022: |
USD 2.76 Bn. |
Forecast Period 2023-30 CAGR: |
40.12% |
Market Size in 2030: |
USD 41.01 Bn. |
Segments Covered: |
By Blockchain Type |
|
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By Application |
|
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By Vertical |
|
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By Region |
|
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Key Market Drivers: |
|
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Key Market Restraints: |
|
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Key Opportunities: |
|
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Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. WEB 3.0 BLOCKCHAIN MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. WEB 3.0 BLOCKCHAIN MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. WEB 3.0 BLOCKCHAIN MARKET COMPETITIVE RIVALRY
TABLE 005. WEB 3.0 BLOCKCHAIN MARKET THREAT OF NEW ENTRANTS
TABLE 006. WEB 3.0 BLOCKCHAIN MARKET THREAT OF SUBSTITUTES
TABLE 007. WEB 3.0 BLOCKCHAIN MARKET BY BLOCKCHAIN TYPE
TABLE 008. PUBLIC MARKET OVERVIEW (2016-2028)
TABLE 009. PRIVATE MARKET OVERVIEW (2016-2028)
TABLE 010. CONSORTIUM MARKET OVERVIEW (2016-2028)
TABLE 011. HYBRID MARKET OVERVIEW (2016-2028)
TABLE 012. WEB 3.0 BLOCKCHAIN MARKET BY APPLICATION
TABLE 013. CRYPTOCURRENCY MARKET OVERVIEW (2016-2028)
TABLE 014. CONVERSATIONAL AI MARKET OVERVIEW (2016-2028)
TABLE 015. DATA & TRANSACTION STORAGE MARKET OVERVIEW (2016-2028)
TABLE 016. PAYMENTS MARKET OVERVIEW (2016-2028)
TABLE 017. SMART CONTRACTS MARKET OVERVIEW (2016-2028)
TABLE 018. WEB 3.0 BLOCKCHAIN MARKET BY VERTICAL
TABLE 019. BFSI MARKET OVERVIEW (2016-2028)
TABLE 020. E-COMMERCE & RETAIL MARKET OVERVIEW (2016-2028)
TABLE 021. MEDIA & ENTERTAINMENT MARKET OVERVIEW (2016-2028)
TABLE 022. HEALTHCARE & PHARMACEUTICALS MARKET OVERVIEW (2016-2028)
TABLE 023. IT & TELECOM MARKET OVERVIEW (2016-2028)
TABLE 024. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 025. NORTH AMERICA WEB 3.0 BLOCKCHAIN MARKET, BY BLOCKCHAIN TYPE (2016-2028)
TABLE 026. NORTH AMERICA WEB 3.0 BLOCKCHAIN MARKET, BY APPLICATION (2016-2028)
TABLE 027. NORTH AMERICA WEB 3.0 BLOCKCHAIN MARKET, BY VERTICAL (2016-2028)
TABLE 028. N WEB 3.0 BLOCKCHAIN MARKET, BY COUNTRY (2016-2028)
TABLE 029. EUROPE WEB 3.0 BLOCKCHAIN MARKET, BY BLOCKCHAIN TYPE (2016-2028)
TABLE 030. EUROPE WEB 3.0 BLOCKCHAIN MARKET, BY APPLICATION (2016-2028)
TABLE 031. EUROPE WEB 3.0 BLOCKCHAIN MARKET, BY VERTICAL (2016-2028)
TABLE 032. WEB 3.0 BLOCKCHAIN MARKET, BY COUNTRY (2016-2028)
TABLE 033. ASIA PACIFIC WEB 3.0 BLOCKCHAIN MARKET, BY BLOCKCHAIN TYPE (2016-2028)
TABLE 034. ASIA PACIFIC WEB 3.0 BLOCKCHAIN MARKET, BY APPLICATION (2016-2028)
TABLE 035. ASIA PACIFIC WEB 3.0 BLOCKCHAIN MARKET, BY VERTICAL (2016-2028)
TABLE 036. WEB 3.0 BLOCKCHAIN MARKET, BY COUNTRY (2016-2028)
TABLE 037. MIDDLE EAST & AFRICA WEB 3.0 BLOCKCHAIN MARKET, BY BLOCKCHAIN TYPE (2016-2028)
TABLE 038. MIDDLE EAST & AFRICA WEB 3.0 BLOCKCHAIN MARKET, BY APPLICATION (2016-2028)
TABLE 039. MIDDLE EAST & AFRICA WEB 3.0 BLOCKCHAIN MARKET, BY VERTICAL (2016-2028)
TABLE 040. WEB 3.0 BLOCKCHAIN MARKET, BY COUNTRY (2016-2028)
TABLE 041. SOUTH AMERICA WEB 3.0 BLOCKCHAIN MARKET, BY BLOCKCHAIN TYPE (2016-2028)
TABLE 042. SOUTH AMERICA WEB 3.0 BLOCKCHAIN MARKET, BY APPLICATION (2016-2028)
TABLE 043. SOUTH AMERICA WEB 3.0 BLOCKCHAIN MARKET, BY VERTICAL (2016-2028)
TABLE 044. WEB 3.0 BLOCKCHAIN MARKET, BY COUNTRY (2016-2028)
TABLE 045. POLKADOT (WEB3 FOUNDATION): SNAPSHOT
TABLE 046. POLKADOT (WEB3 FOUNDATION): BUSINESS PERFORMANCE
TABLE 047. POLKADOT (WEB3 FOUNDATION): PRODUCT PORTFOLIO
TABLE 048. POLKADOT (WEB3 FOUNDATION): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. HELIUM SYSTEMS INC.: SNAPSHOT
TABLE 049. HELIUM SYSTEMS INC.: BUSINESS PERFORMANCE
TABLE 050. HELIUM SYSTEMS INC.: PRODUCT PORTFOLIO
TABLE 051. HELIUM SYSTEMS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. OCEAN PROTOCOL FOUNDATION LTD.: SNAPSHOT
TABLE 052. OCEAN PROTOCOL FOUNDATION LTD.: BUSINESS PERFORMANCE
TABLE 053. OCEAN PROTOCOL FOUNDATION LTD.: PRODUCT PORTFOLIO
TABLE 054. OCEAN PROTOCOL FOUNDATION LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. DECENTRALAND: SNAPSHOT
TABLE 055. DECENTRALAND: BUSINESS PERFORMANCE
TABLE 056. DECENTRALAND: PRODUCT PORTFOLIO
TABLE 057. DECENTRALAND: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. FLUX: SNAPSHOT
TABLE 058. FLUX: BUSINESS PERFORMANCE
TABLE 059. FLUX: PRODUCT PORTFOLIO
TABLE 060. FLUX: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. FILECOIN: SNAPSHOT
TABLE 061. FILECOIN: BUSINESS PERFORMANCE
TABLE 062. FILECOIN: PRODUCT PORTFOLIO
TABLE 063. FILECOIN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. KADENA: SNAPSHOT
TABLE 064. KADENA: BUSINESS PERFORMANCE
TABLE 065. KADENA: PRODUCT PORTFOLIO
TABLE 066. KADENA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. ZCASH: SNAPSHOT
TABLE 067. ZCASH: BUSINESS PERFORMANCE
TABLE 068. ZCASH: PRODUCT PORTFOLIO
TABLE 069. ZCASH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 070. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 071. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 072. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. WEB 3.0 BLOCKCHAIN MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. WEB 3.0 BLOCKCHAIN MARKET OVERVIEW BY BLOCKCHAIN TYPE
FIGURE 012. PUBLIC MARKET OVERVIEW (2016-2028)
FIGURE 013. PRIVATE MARKET OVERVIEW (2016-2028)
FIGURE 014. CONSORTIUM MARKET OVERVIEW (2016-2028)
FIGURE 015. HYBRID MARKET OVERVIEW (2016-2028)
FIGURE 016. WEB 3.0 BLOCKCHAIN MARKET OVERVIEW BY APPLICATION
FIGURE 017. CRYPTOCURRENCY MARKET OVERVIEW (2016-2028)
FIGURE 018. CONVERSATIONAL AI MARKET OVERVIEW (2016-2028)
FIGURE 019. DATA & TRANSACTION STORAGE MARKET OVERVIEW (2016-2028)
FIGURE 020. PAYMENTS MARKET OVERVIEW (2016-2028)
FIGURE 021. SMART CONTRACTS MARKET OVERVIEW (2016-2028)
FIGURE 022. WEB 3.0 BLOCKCHAIN MARKET OVERVIEW BY VERTICAL
FIGURE 023. BFSI MARKET OVERVIEW (2016-2028)
FIGURE 024. E-COMMERCE & RETAIL MARKET OVERVIEW (2016-2028)
FIGURE 025. MEDIA & ENTERTAINMENT MARKET OVERVIEW (2016-2028)
FIGURE 026. HEALTHCARE & PHARMACEUTICALS MARKET OVERVIEW (2016-2028)
FIGURE 027. IT & TELECOM MARKET OVERVIEW (2016-2028)
FIGURE 028. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 029. NORTH AMERICA WEB 3.0 BLOCKCHAIN MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. EUROPE WEB 3.0 BLOCKCHAIN MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. ASIA PACIFIC WEB 3.0 BLOCKCHAIN MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. MIDDLE EAST & AFRICA WEB 3.0 BLOCKCHAIN MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 033. SOUTH AMERICA WEB 3.0 BLOCKCHAIN MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Web 3.0 Blockchain Market research report is 2023-2030.
Polkadot (Web3 Foundation), Helium Systems Inc., Ocean Protocol Foundation Ltd., Decentraland, Flux, Filecoin, Kadena, ZCash, and Other Major Players.
Web 3.0 Blockchain Market is segmented into Blockchain Type, Application, Vertical, and region. By Blockchain Type, the market is categorized into Public, Private, Consortium, and Hybrid. By Application, the market is categorized into Cryptocurrency, Conversational AI, Data & transaction storage, Payments, Smart contracts. By Vertical, the market is categorized into BFSI, E-commerce & Retail, Media & entertainment, Healthcare & pharmaceuticals, IT & telecom, Others. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Web 3.0 is the next iteration or phase of the web's/evolution. Because decentralization is the most prominent feature of blockchain, it gives it an ideal foundation for web 3.0 development. The three main pillars of web 3.0 blockchain technology are artificial intelligence (AI), machine learning (ML), and blockchain technology.
Global Web 3.0 Blockchain Market was valued at USD 2.76 Billion in 2022 and is expected to reach USD 41.01 Billion by the year 2030, at a CAGR of 40.12%.