The globalWeb 3.0 marketsize reached USD 3.2 Billion in 2021 and is expected to register a revenue CAGR of 43.7% during the forecast period, according to latest analysis by Emergen Research. Emergence of 5G and 6G networks along with blockchain technologies and launch of new Web 3.0 dApps and Web3 wallets is a major factor projected to drive market revenue growth between 2021 and 2030. Web 3.0 is driven by Machine Learning (ML) and Artificial Intelligence (AI), which allows computers to analyze large volumes of data and aids in distribution of content based on a users specific needs. Web 3.0 apps arebuilt on decentralized networks of several peer-to-peer servers, blockchains, or hybrid of the two, in which developers are rewarded for providing high-quality services, thereby establishing a stable and secure decentralized network.
TheWeb 3.0market research for the forecast period,2022to2030cannot be underestimated for the reason that it offers a real-time data on the target market; identifies customer problems and outlines the immediate competitors. The simplified document speaks about how company owners plan to keep up with the market trends.
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The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
Top Companies Operating in the Web 3.0 Market and Profiled in the Report are:
Web3 Foundation, Helium, Ocean Protocol Foundation Ltd., Decentraland, Binance, Alchemy Insights, Inc., Crypto.com, Coinbase, Ripple, and Highstreet
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Objectives of the Report:
- Study of the global Web 3.0 market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
- Industrial structure analysis of the Web 3.0 market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Web 3.0 market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Web 3.0 market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
Emergen Research has segmented the global Web 3.0 market on the basis of type, blockchain type, organization size, application, vertical, and region:
Type Outlook (Revenue, USD Billion; 20192030)
- Ubiquity
- Semantic Web
- Artificial Intelligence (AI)
- 3D Graphics
- Others
Blockchain Type Outlook (Revenue, USD Billion; 20192030)
- Public
- Private
- Consortium
- Hybrid
- Others
Organization Size (Revenue, USD Billion; 20192030)
- Small and Medium-Sized Enterprises
- Large Enterprises
Application Outlook (Revenue, USD Billion; 20192030)
- Cryptocurrency
- Conversational Al
- Data and Transaction Storage
- Payments
- Smart Contract
- Others
Vertical Outlook (Revenue, USD Billion; 20192030)
- BFSI
- E-commerce Retail
- Media Entertainment
- Healthcare Pharmaceuticals
- IT Telecom
- Others
Web 3.0 Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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