Web 3.0 Market Thrives at USD 11.33 Billion in 2022, and Set to Grow 50% CAGR Growth By 2028

In-Depth Analysis of the Global Web 3.0 Market: 2023-2028 Forecasts

Latest Market Study report by MarkNtel Advisors: Market Research Company, “Global Web 3.0 Market By Component (Software, Service), By Technology (Generative Adversarial Networks (GANs), Transformers, Variational Autoencoder (VAE), Diffusion Networks, Retrieval Augmented Generation)” and other forecast 2023-28”.

This report offers a detailed examination of pivotal aspects including market Size, growth factor, drivers of expansion, encompassed segments, and the pivotal role played by industry leaders.

Insight into the Global Web 3.0 Market

The Global Web 3.0 Market size is around USD 11.33 Billion in 2022 and is estimated to grow at a CAGR of around 50% during the forecast period, i.e., 2023-28.

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Report Coverage & Detailed Breakdown

  • Forecast Period: 2023 to 2028.
  • Base Year: 2022
  • Market Size in 2022: USD 11.33 Billion.
  • CAGR50%

Segmentation Analysis: Web 3.0 Market

By Type

  • Public
  • Private
  • Consortium
  • Hybrid

Among all, the Public segment acquired a significant revenue share in the web 3.0 blockchain market in the historical period and is expected to remain dominant in the forecast years.

By Application

  • Cryptocurrency
  • Conversational AI
  • Data & Transaction Storage
  • Payments
  • Smart Contracts
  • Others

By End User

  • BFSI
  • Retail & E-Commerce
  • Media & Entertainment
  • Healthcare
  • IT & Telecom
  • Hospitality
  • Government & Transportation
  • Others

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Regional/ Countries Insight:

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Here, North America grabbed a significant market share among other regions, and its dominance is likely to prevail in the same trend during the forecast period.

Web 3.0 Market Players Analysis

Thorough analysis spotlighting key players in the global Web 3.0 market, elucidating their strategies and competitive positioning.

  • Ripple Labs Inc.
  • ConsenSys
  • Coinbase
  • Binance
  • Kraken
  • BlockFi
  • Sciencesoft
  • iTechArt
  • Appinventiv
  • Leeway Hetz
  • Terra
  • Chorus One
  • Synthetix
  • com
  • Filecoin
  • Others

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Key Stakeholder Benefits

  • Informed Decision-Making: Empowering stakeholders with comprehensive market insights for strategic decision-making.
  • Strategic Planning: Equipping stakeholders with strategic reports to navigate market entry, product development, and competitive strategies.
  • Market Sizing & Forecasting: Providing accurate data for informed investment decisions and resource allocation.
  • Competitive Benchmarking: Facilitating performance assessment against industry peers and capitalizing on strengths.
  • Identifying Investment Opportunities: Enabling stakeholders to spot lucrative investment prospects and maintain a competitive edge.

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