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Global Web 3.0 Blockchain Market Competitive Forecast and Opportunities to 2027 – Growing Popularity of Digital Assets, Cryptocurrency and Deployment of 5G and 6G Technologies is Creating Strong Demand – ResearchAndMarkets.com

The report “Global Web 3.0 Blockchain Market, By Blockchain Type (Public, Private, Consortium, and Hybrid), By Application, By Vertical, By Organization Size, By Region, Competition Forecast, and Opportunity, 2017-2027” has been added to from ResearchAndMarkets.com offer.

The global web 3.0 blockchain market is expected to grow at a terrific rate over the forecast period. The growth of the market can be attributed to the continuous evolution of technologies and changes in data ownership towards users. Web 3.0 blockchain, also known as Decentralized Web, is the third generation of the Internet that uses Decentralized Ledger Technology (DLT), Machine Learning (ML), and Big Data.

The Web 3.0 blockchain provides users with an improved browsing experience and allows them to analyze data more efficiently. Web 3.0 is more user-friendly and interactive than previous versions. Major government authorities are launching digital transformation initiatives to provide a regulatory framework to support the growth of Web 3.0 blockchain.

Growing concerns over data security and increasing investments by companies to expand the applications of Web 3.0 blockchain are expected to boost the growth of the global Web 3.0 market. Rapid urbanization, globalization and digitalization enable users to utilize advanced technologies and lead quality lives. Blockchain technology offers human-like system intelligence and offers enhanced data connectivity. Therefore, organizations are adopting web 3.0 blockchain to improve data security and privacy, which is expected to drive the global web 3.0 blockchain market.

The rapid popularity of digital assets and cryptocurrencies and the deployment of 5G and 6G technologies are also creating demand for web 3.0 blockchain technology. Furthermore, increasing adoption of connected devices and shifting dependency of transactions and permissions away from a central authority is driving the growth of the global web 3.0 blockchain market.

The global web 3.0 blockchain market is segmented on the basis of blockchain type, application, vertical, organization size, enterprise, and regional distribution. Based on the type of blockchain, the market is divided into public, private, consortium, and hybrid. Public blockchain technology is expected to dominate the global web 3.0 blockchain market owing to its increased demand over its peers as it requires no regulation and is highly secure. On the basis of organization size, the market is divided into small and medium enterprises and large enterprises.

The large enterprise segment is expected to hold the largest share in the global web 3.0 blockchain market as they are making high-end investments for technological upgrading to stay ahead of the market.

Major players operating in the global web 3.0 market are Polkadot (Web3 Foundation), Helium Systems Inc., Ocean Protocol Foundation Ltd., Decentraland, Flux, Filecoin, Kadena, ZCash, etc.

Years considered for this report:

  • Historical years: 2017-2020

  • Base year: 2021

  • Estimated year: 2022E

  • Forecast period: 2023F-2027F

Goal of the study:

  • To analyze historical market size growth of Global Web Blockchain Market 30 from 2017 to 2021

  • Estimate and forecast the market size of Global Web Blockchain Market 30 from 2022E to 2027F and the growth rate till 2027F

  • To classify and forecast the global Web Blockchain Market 30 based on Blockchain type, application, vertical, organization size, region, and competitive landscape.

  • To identify the dominant region or segment in the global Web Blockchain Market 30

  • Identify 30 Global Web Blockchain Market Drivers and Challenges

  • Examine competitive developments such as expansions, new services, mergers and acquisitions, etc., in the global Web Blockchain Market 30

  • To identify and analyze the profile of top 30 players operating in the global Web Blockchain Market

  • Identify the key sustainable strategies adopted by market players in the 30 global Web Blockchain Market

Report Scope:

In the report, the global Web 3.0 blockchain market has been segmented into the following categories, in addition to industry trends which have also been detailed below:

Web 3.0 Blockchain Market, By Blockchain Type:

  • Audience

  • Private

  • Consortium

  • Hybrid

Web 3.0 Blockchain Market, By Application:

  • Cryptocurrency

  • Conversational AI

  • Data and transaction storage

  • Payments

  • Smart contract

  • Others

Web 3.0 Blockchain Market, By Industry:

  • BFSI

  • E-commerce and retail

  • Media and entertainment

  • Health & Pharmaceutical

  • IT & Telecom

  • Others

Web 3.0 Blockchain Market, By Organization Size:

  • Small and medium enterprises

  • Large companies

Web 3.0 Blockchain Market, By Region:

North America

  • United States

  • Canada

  • Mexico

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

  • Singapore

  • Malaysia

  • Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • Poland

  • Denmark

South America

  • Brazil

  • Argentina

  • Colombia

  • Peru

  • Chile

Middle East and Africa

  • Saudi Arabia

  • South Africa

  • United Arab Emirates

  • Iraq

  • Turkey

Companies cited

  • Polkadot (Web3 Foundation)

  • Helium Systems Inc.

  • Ocean Protocol Foundation Ltd.

  • Decentralized

  • Flow

  • filecoin

  • Kadena

  • Zcash

For more information on this report, visit https://www.researchandmarkets.com/r/hcg188

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