The Segmentation Analysis Of  Web 3.0 Blockchain Market

The Web 3.0 Blockchain Market is segmented on blockchain type, application, vertical, and region. These segments are the main type of segments which are further segmented into different types.

In the blockchain segment type, the market is sub-segmented into public, private, consortium, and hybrid. The Web 3.0 Blockchain Market is categorized into cryptocurrency, conversational AI, data transaction storage, payments, smart contracts, and others based on the application segment.

Web 3.0 blockchain market is Expected to Reach USD 82,898.1 Million with 44.6% by 2030

The vertical segment of the market is classified into BFSI, e-commerce retail, media entertainment, healthcare pharmaceuticals, IT telecom, and others. The market plays a major role in these segments due to its widespread application in these sectors. 

The regional segmentation shows the major regions covered by the market, such as North America, Europe, Asia-Pacific, the Middle East Africa, and the South American region.

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Key Players

• Polkadot (Web3 Foundation)
• Helium Systems Inc.
• Ocean Protocol Foundation Ltd
• Decentraland
• Biance
• Alchemy Insights, Inc.

Web 3.0 Market Recent Developments

• In May 2020, Web3 Foundation launched the initial version of Polkadot, a sharded protocol that allows decentralized blockchain networks to operate together, seamlessly, and at scale.
• In June 2019, Helium Systems Inc. launched the Helium Blockchain, one of the largest, public, decentralized LoRaWAN networks across the globe.

Web 3.0 Market Report Overview

This study estimates revenue growth at global, regional, and country levels and offers an overview of the latest developments in each of the sub-sectors from 2023 to 2030. For this analysis, MRFR segmented the global web 3.0 blockchain market based on blockchain type, application, vertical, and region.

By Blockchain Type

• Public
• Private
• Consortium
• Hybrid

By Application

• Cryptocurrency
• Conversational AI
• Data transaction storage
• Payments
• Smart contracts
• Others

By Vertical

• BFSI
• E-commerce retail
• Media entertainment
• Healthcare pharmaceuticals
• IT telecom
• Others

Blockchain’s Big Bang

The big bang with for enterprises, when it comes blockchain, will not occur until businesses learn to participate in a truly decentralized model.  That won’t happen until we move to Web 3.0, and the technologies that support it are mature and scalable. At that point, users won’t have to worry about blockchain protocols, just like today they don’t worry about underlying Internet protocols.

Users and consumers, who in many cases will be their own application and content developers, will just have to worry about their decentralized applications and processes.  The rest will just work.  We may even get to a point of ‘government for the people by the people’ but that’s for the libertarians to figure out.

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Web 3.0 Blockchain Market Research Report: By Blockchain Type (Public, Private, Consortium, and Hybrid), By Application (Cryptocurrency, Conversational AI, Data Transaction Storage, Payments, Smart Contract, and Others), By Vertical (BFSI, E-commerce Retail, Media Entertainment, Healthcare Pharmaceuticals, IT Telecom, and Others), By Region (North America, Europe, Asia-Pacific, Middle East Africa, and South America)—Forecast till 2030

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