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Global Web 3.0 Blockchain Market Size study & Forecast, by Blockchain Type (Public, Private, Consortium, Hybrid), by Application (Cryptocurrency, Conversational AI, Data & Transaction Storage, Payments, Smart Contracts, Others), By End-use (BFSI, Retail & E-commerce, Media & Entertainment, Pharmaceuticals, IT & Telecom, Others) and Regional Analysis, 2022-2029

January 2023 | 200 pages | ID: G99486D39E84EN
Bizwit Research & Consulting LLP

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Global Web 3.0 Blockchain Market is valued at approximately USD 1.36 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 44.90% over the forecast period 2022-2029. Web 3.0 Blockchain or World Wide Web 3.0 refers to the impending third generation of the internet, in which websites and apps would be capable of processing information in a human-like manner with help of machine learning (ML), Big Data, and blockchain based technology such as decentralized ledger technology (DLT) among others. In case of Web 3.0 blockchain, instead of a centralized database, applications and services use a decentralized blockchain. Moreover, Web 3.0 enables a growing number of different types of new applications and services such as Nonfungible tokens (NFTs), Decentralized applications, cryptocurrencies, and decentralized apps among others. In addition, Web 3.0 allows users to store data and information on decentralized public ledgers thus safeguarding the privacy of the user. The increasing penetration of digital assets and growing usage of connected devices as well as strategic initiatives from leading market players are key factors accelerating the market growth.

The increasing popularity of digital assets such as cryptocurrencies, non-fungible tokens (NFTs), and virtual real estate in the metaverse among others is contributing to the growth of the Global Web 3.0 Blockchain Market. For instance, according to Statista – as of 2022, the revenue in the digital assets segment is estimated at USD 37,240 million, and the revenue is projected to show an annual growth rate of 17.30% in 2022 and 2027 period to reach a market volume of USD 82,710 million by 2027. Moreover, as per Statista – as of 2022, the revenue in the global NFT segment is estimated at USD 2,520 million, and the revenue is expected to show an annual growth rate of 27.26% between 2022 & 2027 to reach to projected volume of USD 8,412 million by 2027. Also, growing usage of Web 3.0 technology across the business applications such as digital identity documents, and smart contracts and the rising expansion of AI and Machine learning technologies would create a lucrative growth prospectus for the market over the forecast period. However, the high deployment cost associated with Web 3.0 Blockchain and lack of penetration in developing regions stifle the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Web 3.0 Blockchain Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading blockchain solution providers, and increasing acceptance of Web 3.0 coupled with availability of required technological infrastructure in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing number of favorable initiatives from government authorities to promote blockchain-based digital assets, and increasing use of web 3.0 from banking and financial services institutions in the region.

Major market players included in this report are:
Web3 Foundation (Polka dot.)
Helium Systems Inc.
Ocean Protocol Foundation Ltd.
Zel Technologies Limited.
Kusama
Livepeer, Inc.
Filecoin
Kadena LLC
Polygon technology
Terra

Recent Developments in the Market:
In January 2022, India based Mphasis announced its partnership with USA based crypto exchange CrossTower, to build a Center of Excellence (CoE) focused on Web 3.0 and a series of blockchain-based products that would be launched and traded on the CrossTower platform.

In September 2022, Binance’s smart contract blockchain platform BNB Chain entered into a partnership with Google Cloud to strengthen Web3 and blockchain startups. Through this partnership, startups that are currently building products and services on the BNB Chain blockchain would get access to Google Cloud’s scalable, secure, and open-source infrastructure.

Global Web 3.0 Blockchain Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Blockchain Type, Application, End Use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Blockchain Type
Public
Private
Consortium
Hybrid

By Application
Cryptocurrency
Conversational AI
Data & Transaction Storage
Payments
Smart Contracts
Others

By End-use
BFSI
Retail & E-commerce
Media & Entertainment
Pharmaceuticals
IT & Telecom
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Web 3.0 Blockchain Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Web 3.0 Blockchain Market, by Blockchain Type, 2019-2029 (USD Billion)
  1.2.3. Web 3.0 Blockchain Market, by Application, 2019-2029 (USD Billion)
  1.2.4. Web 3.0 Blockchain Market, by End-use, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL WEB 3.0 BLOCKCHAIN MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL WEB 3.0 BLOCKCHAIN MARKET DYNAMICS

3.1. Web 3.0 Blockchain Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Increasing penetration of digital assets
    3.1.1.2. Growing usage of connected devices
    3.1.1.3. Strategic initiatives from leading market players
  3.1.2. Market Challenges
    3.1.2.1. High deployment cost associated with Web 3.0 Blockchain
    3.1.2.2. Lack of penetration in developing regions
  3.1.3. Market Opportunities
    3.1.3.1. Growing usage of Web 3.0 technology across the businesses
    3.1.3.2. Rising expansion of AI and Machine learning technologies

CHAPTER 4. GLOBAL WEB 3.0 BLOCKCHAIN MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL WEB 3.0 BLOCKCHAIN MARKET, BY BLOCKCHAIN TYPE

6.1. Market Snapshot
6.2. Global Web 3.0 Blockchain Market by Blockchain Type, Performance - Potential Analysis
6.3. Global Web 3.0 Blockchain Market Estimates & Forecasts by Blockchain Type 2019-2029 (USD Billion)
6.4. Web 3.0 Blockchain Market, Sub Segment Analysis
  6.4.1. Public
  6.4.2. Private
  6.4.3. Consortium
  6.4.4. Hybrid

CHAPTER 7. GLOBAL WEB 3.0 BLOCKCHAIN MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global Web 3.0 Blockchain Market by Application, Performance - Potential Analysis
7.3. Global Web 3.0 Blockchain Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Web 3.0 Blockchain Market, Sub Segment Analysis
  7.4.1. Cryptocurrency
  7.4.2. Conversational AI
  7.4.3. Data & Transaction Storage
  7.4.4. Payments
  7.4.5. Smart Contracts
  7.4.6. Others

CHAPTER 8. GLOBAL WEB 3.0 BLOCKCHAIN MARKET, BY END-USE

8.1. Market Snapshot
8.2. Global Web 3.0 Blockchain Market by End-use, Performance - Potential Analysis
8.3. Global Web 3.0 Blockchain Market Estimates & Forecasts by End-use 2019-2029 (USD Billion)
8.4. Web 3.0 Blockchain Market, Sub Segment Analysis
  8.4.1. BFSI
  8.4.2. Retail & E-commerce
  8.4.3. Media & Entertainment
  8.4.4. Pharmaceuticals
  8.4.5. IT & Telecom
  8.4.6. Others

CHAPTER 9. GLOBAL WEB 3.0 BLOCKCHAIN MARKET, REGIONAL ANALYSIS

9.1. Web 3.0 Blockchain Market, Regional Market Snapshot
9.2. North America Web 3.0 Blockchain Market
  9.2.1. U.S. Web 3.0 Blockchain Market
    9.2.1.1. Blockchain Type breakdown estimates & forecasts, 2019-2029
    9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
    9.2.1.3. End-use breakdown estimates & forecasts, 2019-2029
  9.2.2. Canada Web 3.0 Blockchain Market
9.3. Europe Web 3.0 Blockchain Market Snapshot
  9.3.1. U.K. Web 3.0 Blockchain Market
  9.3.2. Germany Web 3.0 Blockchain Market
  9.3.3. France Web 3.0 Blockchain Market
  9.3.4. Spain Web 3.0 Blockchain Market
  9.3.5. Italy Web 3.0 Blockchain Market
  9.3.6. Rest of Europe Web 3.0 Blockchain Market
9.4. Asia-Pacific Web 3.0 Blockchain Market Snapshot
  9.4.1. China Web 3.0 Blockchain Market
  9.4.2. India Web 3.0 Blockchain Market
  9.4.3. Japan Web 3.0 Blockchain Market
  9.4.4. Australia Web 3.0 Blockchain Market
  9.4.5. South Korea Web 3.0 Blockchain Market
  9.4.6. Rest of Asia Pacific Web 3.0 Blockchain Market
9.5. Latin America Web 3.0 Blockchain Market Snapshot
  9.5.1. Brazil Web 3.0 Blockchain Market
  9.5.2. Mexico Web 3.0 Blockchain Market
  9.5.3. Rest of Latin America Web 3.0 Blockchain Market
9.6. Rest of The World Web 3.0 Blockchain Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Web3 Foundation (Polka Dot)
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Helium Systems Inc.
  10.2.3. Ocean Protocol Foundation Ltd.
  10.2.4. Zel Technologies Limited.
  10.2.5. Kusama
  10.2.6. Livepeer, Inc.
  10.2.7. Filecoin
  10.2.8. Kadena LLC
  10.2.9. Polygon technology
  10.2.10. Terra

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption


LIST OF TABLES

TABLE 1. Global Web 3.0 Blockchain Market, report scope
TABLE 2. Global Web 3.0 Blockchain Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Web 3.0 Blockchain Market estimates & forecasts by Blockchain Type 2019-2029 (USD Billion)
TABLE 4. Global Web 3.0 Blockchain Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Web 3.0 Blockchain Market estimates & forecasts by End-use 2019-2029 (USD Billion)
TABLE 6. Global Web 3.0 Blockchain Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Web 3.0 Blockchain Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Web 3.0 Blockchain Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Web 3.0 Blockchain Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Web 3.0 Blockchain Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Web 3.0 Blockchain Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Web 3.0 Blockchain Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Web 3.0 Blockchain Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Web 3.0 Blockchain Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Web 3.0 Blockchain Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Web 3.0 Blockchain Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Web 3.0 Blockchain Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Web 3.0 Blockchain Market
TABLE 71. List of primary sources, used in the study of global Web 3.0 Blockchain Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Web 3.0 Blockchain Market, research methodology
FIG 2. Global Web 3.0 Blockchain Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Web 3.0 Blockchain Market, key trends 2021
FIG 5. Global Web 3.0 Blockchain Market, growth prospects 2022-2029
FIG 6. Global Web 3.0 Blockchain Market, porters 5 force model
FIG 7. Global Web 3.0 Blockchain Market, pest analysis
FIG 8. Global Web 3.0 Blockchain Market, value chain analysis
FIG 9. Global Web 3.0 Blockchain Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Web 3.0 Blockchain Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Web 3.0 Blockchain Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Web 3.0 Blockchain Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Web 3.0 Blockchain Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Web 3.0 Blockchain Market, regional snapshot 2019 & 2029
FIG 15. North America Web 3.0 Blockchain Market 2019 & 2029 (USD Billion)
FIG 16. Europe Web 3.0 Blockchain Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Web 3.0 Blockchain Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Web 3.0 Blockchain Market 2019 & 2029 (USD Billion)
FIG 19. Global Web 3.0 Blockchain Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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