Global Web 3.0 Blockchain Market Report By Blockchain Type (Public, Private, Consortium, Hybrid), By Application (Cryptocurrency, Conversational AI, Data Transaction & Storage, Payments, Smart Contract, Others), By End-use (BFSI, Retail & E-commerce, Media & Entertainment, Pharmaceuticals, IT & Telecom, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2022-2030

The global demand for Web 3.0 Blockchain Market is presumed to reach the market size of nearly USD 34.94 BN by 2030 from USD 1.44 BN in 2022 with a CAGR of 48.95% under the study period 2023 - 2030.

Web 3.0 blockchain is an advanced version of a network that is decentralized, which means that individuals will govern and own a section of the internet instead of relying on Google, or other search engines to access the internet. There will be no permissions required for virtual transactions between two parties, unlike with Google or any other search engine. Decentralized finance is the heart of web 3.0, which helps individuals carry out transactions without the knowledge of financial institutions like banks and governments. This technology is widely used in cryptocurrencies for ease of transactions. 

Market Dynamics 

Web 3.0 blockchain market shows a significant growth rate during the forecast period from 2022 to 2030. The advantages offered by this technology, such as improved privacy and a secured network facility, data ownership, etc., are the prime market drivers of growth. As web 3.0 is decentralized, it reduces the risk of cyber-attacks. Its application in cryptocurrencies to ensure fast and cheap transactions and the growing popularity of cryptocurrencies worldwide will influence market growth. The growing efforts of several countries worldwide to legalize the cryptocurrency market will contribute to the development of web 3.0 blockchain. The use of blockchain-based social media to prevent data breaches and the coming of web 3.0-powered messaging apps that ensure data privacy will likely add to the market's growth. The increasing investment in blockchain-based start-ups will create fresh opportunities in the market. The key players are now turning to partnerships or acquisitions to hold their position in the market.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of web 3.0 blockchain. The growth and trends of web 3.0 blockchain industry provide a holistic approach to this study. 

Market Segmentation

This section of the web 3.0 blockchain market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Blockchain Type

• Public
• Private
• Consortium
• Hybrid

By Application

• Cryptocurrency
• Conversational AI
• Data Transaction & Storage
• Payments
• Smart Contract
• Others

By End-Use

• BFSI
• Retail & E-Commerce
• Media & Entertainment
• Pharmaceuticals
• IT & Telecom
• Others

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Web 3.0 Blockchain market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Web 3.0 Blockchain Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the web 3.0 blockchain market include Web3 Foundation (Polkadot), Helium Systems Inc., Ocean Protocol Foundation Ltd., Zel Technologies GmbH (Flux), Kusama, Livepeer Inc., Filecoin, and Kadena LLC. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.