Global Web 3.0 Blockchain Market

Web 3.0 Blockchain Market Size, Share, Growth Analysis, By Blockchain Type(Public, Private, Consortium, Hybrid), By Application(Cryptocurrency, Conversational AI, Data & Transaction Storage, Payments), By Vertical(BFSI, E-commerce & Retail, Media & Entertainment, Healthcare & Pharmaceuticals), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45F2118 | Region: Global | Published Date: October, 2024
Pages: 273 | Tables: 96 | Figures: 74

Web 3.0 Blockchain Market News

  • In January 2024, Flipkart has announced a strategic partnership with fire floors which is a organization platform for managing digital asset operation unbuilt innovative blockchain technology. The collaboration will help in supporting the way consumers can safely and easily interact with the web 3.0 ecosystem. It will offer avenues for brands for innovating and increasing customer experience exploring through FireDrops platform. 
  • In March 2024, Coti Network announced a strategic partnership with Civic platform for starting the smooth adoption of the web 3.0 ecosystem and digital assets. Civic platform will also use OT V2 which is a privacy-oriented layer two network which is built on the top of Ethereum blockchain, for enhancing the dynamic decentralized identity. 
  • In June 2024, Bitkub Online Co. Ltd., Bitkub Exchange, and Bitkub Labs Co. Ltd., first form the strategic partnership with Celo Foundation. With this partnership, Bitcoin silo foundation will help in promoting the blockchain education to onboard users throughout the Thailand to Web 3. 
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Web 3.0 Blockchain Market size was valued at USD 2.6 billion in 2022 and is poised to grow from USD 3.74 billion in 2023 to USD 68.36 billion by 2031, growing at a CAGR of 43.80% during the forecast period (2024-2031).

The market for Web 3.0 is consolidated globally, with the majority of revenue coming from large, medium-sized, and small-sized players. Due to growing government initiatives for the development of 5G infrastructure, the rising use of cutting-edge technologies like blockchain, and the rising demand for decentralized applications and services around the world, the size of the global web 3.0 blockchain market will experience robust growth during the forecast period. 'Polkadot (Web3 Foundation) (Switzerland) ', 'Helium Systems Inc. (US) ', 'Ocean Protocol Foundation Ltd. (Singapore) ', 'Decentraland (Argentina) ', 'Binance (Cayman Islands) ', 'Alchemy Insights, Inc. (US) ', 'Antier Solutions (India) ', 'Chainlink Labs (US) ', 'Filecoin (Protocol Labs) (US) ', 'Ethereum Foundation (Switzerland) ', 'ConsenSys (US) ', 'Aave (Switzerland) ', 'Uniswap Labs (US) ', 'Polygon (Matic Network) (India) ', 'IOHK (Input Output Hong Kong) (Hong Kong) ', 'Arweave (Germany) ', 'Radix DLT (UK) ', 'Cosmos (Tendermint Inc.) (US) ', 'Flow (Dapper Labs) (Canada) ', 'The Graph (Edge & Node) (US) ', 'Zilliqa (Singapore) ', 'Tezos Foundation (Switzerland)'

The three main components of web 3.0 blockchain technology are artificial intelligence (AI), machine learning (ML), and blockchain technology. The web 3.0 blockchain focuses on safeguarding user privacy and personal data security while enabling decentralized data storage. Due to its frictionless ownership transfers, cryptocurrency-based payments, and data transfers, Web 3.0 has altered how people and machines interact with each other. Blockchain technology enables Web 3.0 by letting people choose themselves which information to share.

Blockchain is a technology that is constantly developing in the Web 3.0 era. For the end user, IT offers many advantages, including cheaper operating costs, faster speeds, a lesser risk of cyberattacks, and control over personal data. Numerous significant technological developments have occurred in recent years, including the integration of blockchain technology into logistics and operations and the Internet of Things. In order to use the technology to its fullest extent in areas like browsing, social networking, messaging, and data storage, there is a lot of research and development being done to make it more scalable. The development of NFT payment systems and digital collectibles over the past few years has been aided by Web 3.0 technologies.

The global Web 3.0 North America is likely to rule the blockchain market during the anticipated time frame. One of the principal elements driving the growth of the regional industry is the expanding acceptance of Web 3.0 in many operating systems, including blockchain-based systems. Additionally, the region's rise is being exacerbated by the presence of major blockchain solution providers like Web3 Foundation and Helium Systems Inc.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Web 3.0 Market
Buy Now GET FREE SAMPLE
Blockchain Market
Buy Now GET FREE SAMPLE
Blockchain Technology Market
Buy Now GET FREE SAMPLE
Blockchain IoT Market
Buy Now GET FREE SAMPLE
Fintech Blockchain Market
Buy Now GET FREE SAMPLE
Web Application Firewall Market
Buy Now GET FREE SAMPLE
Blockchain Technology in Healthcare Market
Buy Now GET FREE SAMPLE
Blockchain Technology in Healthcare Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Web 3.0 Blockchain Market

Report ID: SQMIG45F2118

$5,300
BUY NOW GET FREE SAMPLE