Web 3.0 Blockchain Market, By Blockchain Type (Public, Private, Consortium, and Hybrid), By Application (Cryptocurrency, Conversational AI, Data & Transaction Storage, Payments, Smart Contract, and Others), By End-User (BFSI, E-commerce & Retail, Media & Entertainment, Healthcare & Pharmaceuticals, IT & Telecom, and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029

Report Code: PMI487822 | Publish Date: May 2023 | No. of Pages: 168

Web 3 0 Blockchain Market Overview

Web 3.0 will emerge from the natural growth of older-generation web tools paired with cutting-edge technologies such as AI and blockchain, as well as user interconnection and increased internet usage. Internet 3.0 appears to be an improvement over its predecessors, web 1.0 and 2.0. Web 3.0 refers to the impending third generation of the internet, in which websites and apps will be able to process information in a human-like manner using technologies such as machine learning (ML), Big Data, decentralized ledger technology (DLT), and so on. Tim Berners-Lee, the inventor of the World Wide Web, dubbed Web 3.0 the Semantic Web, with the goal of creating a more autonomous, intelligent, and open internet. Web 3.0 can be broadened as: data would be networked in a decentralized manner, which would be a significant improvement over our present generation of the internet (Web 2.0), where data is largely held in centralized repositories. Users and machines will also be able to engage with data. However, in order for this to happen, programmes must comprehend information conceptually as well as contextually. With this in mind, the semantic web and artificial intelligence are the two pillars of Web 3.0. (AI). Web 3.0 Blockchain Market accounted for US$ 1231.54 million in 2020 and is estimated to be US$ 87761.35 million by 2030 and is anticipated to register a CAGR of 45.20%.

Web 3 0 Blockchain Market Dynamics

Rising emphasis on decentralized data ledgers

Rising emphasis on decentralized data ledgers, the Web 3.0 Blockchain sector is expanding at a rapid pace. The significant benefits of Web 3.0 blockchain, particularly in the cryptocurrency business, have attracted significant R&D expenditures and grants for further development of the technology. Furthermore, Web 3.0 capacity to avoid internet attacks and leaks by providing data security and privacy increases market growth. Cryptocurrencies are revolutionizing the digitalization, gaming, and non-fungible tokens (NFTs) industries. As Web3 becomes more widely adopted, the market is projected to gain substantial traction in the next years.

The rapid rise in popularity of digital assets and cryptocurrencies, as well as the deployment of 5G and 6G technologies, are driving demand for web 3.0 blockchain technology. Furthermore, the growing usage of connected devices, as well as the transition away from reliance on a central authority for transactions and permissions, are supporting the growth of the worldwide web 3.0 blockchain market.

Access Crucial Insights at a Fraction of the Cost | Request Your Discount

Web 3 0 Blockchain Market Segmentation

Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.

The Global Web 3.0 Blockchain Market report segments the market on the basis of blockchain type, application, end-user and region.

On the basis of Bloackchain Type, the Global Web 3.0 Blockchain Market is segmented into Public, Private, Consortium, and Hybrid). Based on Application the market is segmented into Cryptocurrency, Conversational AI, Data & Transaction Storage, Payments, Smart Contract, and Others. Based on End-User the market is segmented into BFSI, E-commerce & Retail, Media & Entertainment, Healthcare & Pharmaceuticals, IT & Telecom, and Others.

Regional Insights:

On region the Global Web 3.0 Blockchain Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The global Web 3.0 Blockchain market is led by North America. The highest market share can be attributed to increased Web 3.0 use and advancements in blockchain technologies. Furthermore, significant R&D investments in expanding online platforms have a favorable impact on the regional market's growth. The presence of a number of prominent market participants and well-established development centers increases the size of the WEB 3.0 Blockchain industry in the region. Due to the widespread adoption of digital assets and the penetration of cryptocurrencies, the United States holds the highest proportion of both the regional and worldwide markets.

Reduce costs by up to 30% with a custom report tailored to your specific needs | Request Customized Report

Attribute

Details

Base year for estimation

2020

Forecast period

2020-2030

Market representation

Revenue in USD Million & CAGR from 2020-2030

Market Segmentation

By Blockchain Type - Public, Private, Consortium, and Hybrid

By Application – Cryptocurrency, Conversational AI, Data & Transaction Storage, Payments, Smart Contract, and Others

By End-User – BFSI, E-commerce & Retail, Media & Entertainment, Healthcare & Pharmaceuticals, IT & Telecom, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Web 3.0 Blockchain Market report based on Blockchain Type, Application, End-User and Region.

Recent Highlights:

  • Mphasis, an information and technology business, announced its collaboration with CrossTower, a cryptocurrency exchange solution provider, in January 2022. The alliance aims to establish a Center of Excellence for Web 3.0 and blockchain-based goods that will be published and exchanged on the CrossTower platform.
  • Antler, a venture capital firm, stated in December 2021 that it would invest USD 100 million to USD 500 million over the following three years to support 25 to 30 Indian firms functioning in the Web 3.0 and blockchain arena.

Global Web 3.0 Blockchain Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Web 3 0 Blockchain Market Key Players

The key players operating in the Global Web 3.0 Blockchain Market includes Polkadot (Web3 Foundation), Helium Systems Inc., Ocean Protocol Foundation Ltd., Decentraland, Flux, Filecoin, Kadena, ZCash, etc. Various countries around the world are working to legalise the usage of cryptocurrencies in order to attract new participants and boost economic growth. For instance, in March 2022, Dubai announced the adoption of a new cryptocurrency law to control the activities of digital assets and cryptocurrencies as part of its efforts to become a Web 3.0 hub. The UAE intends to establish a Dubai Virtual Assets Regulatory Authority under the new law, which will be in charge of regulating blockchain-based virtual assets.

Web 3 0 Blockchain Market Company Profile

  • Polkadot (Web3 Foundation)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Helium Systems Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ocean Protocol Foundation Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Decentraland
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Flux
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Filecoin
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Kadena
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • ZCash
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

Web 3 0 Blockchain Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Web 3.0 Blockchain Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Blockchain Type
      • Market Snippet, By Application
      • Market Snippet, By End-User
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Web 3.0 Blockchain Market, By Blockchain Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Public
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Private
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Consortium
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Hybrid
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Web 3.0 Blockchain Market, By Application, 2020 – 2030, (US$ Mn)
    • Overview  
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Cryptocurrency
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Conversational AI
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Data Transaction & Storage
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Payments
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Smart Contracts
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Web 3.0 Blockchain Market, By End-User, 2020 – 2030, (US$ Mn)
    • Overview  
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • BFSI
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Retail & E-Commerce
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Media & Entertainment
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Pharmaceuticals
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • IT & Telecom
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Global Web 3.0 Blockchain Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Blockchain Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Blockchain Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Blockchain Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Blockchain Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Blockchain Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles

 

  • Polkadot (Web3 Foundation)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Helium Systems Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ocean Protocol Foundation Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Decentraland
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Flux
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Filecoin
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Kadena
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • ZCash
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Global Web 3.0 Blockchain Market report segments the market on the basis of blockchain type, application, end-user and region.

Rising emphasis on decentralized data ledgers, the Web 3.0 Blockchain sector is expanding at a rapid pace. The significant benefits of Web 3.0 blockchain, particularly in the cryptocurrency business, have attracted significant R&D expenditures and grants for further development of the technology.

The global Web 3.0 Blockchain market is led by North America. The highest market share can be attributed to increased Web 3.0 use and advancements in blockchain technologies.

The key players operating in the Global Web 3.0 Blockchain Market includes Polkadot (Web3 Foundation), Helium Systems Inc., Ocean Protocol Foundation Ltd., Decentraland, Flux, Filecoin, Kadena, ZCash, etc.