Web 3.0 Market Report

1
WEB 3.0 MARKET REPORT
2
INTRODUCTION
Web 3.0 is often described as the next generation
of the internet, which focuses on creating a more
decentralized, open, and interconnected web.
Unlike Web 2.0, which mainly involves the
integration of social media and user-generated
content, web 3.0 aims to enable new kinds of
applications, such as blockchain technology,
decentralized computing, artificial intelligence,
and semantic web technologies and services that
are not possible with the current web
architecture.
3
KEY INSIGHTS
MARKET SIZE 3.34 Bn
2022
FORECAST 49.10 Bn
2030
2023- 2030
CAGR 46.7
4
REVENUE MARKET SHARE BY SEGMENTS 2022
Public 48.4
Cryptocurrency 29.7
BFSI 31.05
5
GLOBAL WEB 3.0 MARKET REVENUE SHARE FOR 2022
North America 34.8
6
The Web 3.0 blockchain market is primarily driven
by the benefits of decentralized systems to
provide greater security, transparency, and
privacy for users compared to traditional
centralized systems
DRIVERS
Despite the potential benefits of Web 3.0 and
blockchain technology, many people and
organizations are not aware about Web 3.0
blockchain and how it works. This lack of
awareness can slow down the adoption of
blockchain-based solutions .
RESTRAINTS
7
AUTHOR'S PERSPECTIVE

• The market is driven by several factors,
  including the increasing adoption of blockchain
  technology, the growing demand for decentralized
  applications, and the need for greater privacy
  and security in online transactions.

• The rise of non-fungible tokens (NFTs) and
  decentralized finance (DeFi) applications has
  also contributed to the growth of Web 3.0 market.

• The Cryptocurrency segment is expected to expand
  at the significant CAGR retaining position
  throughout the forecast period.

8
KEY PLAYERS
9
For Full Report
Contact us
COGNITIVE MARKET RESEARCH
Tel [phone] 020-8123-0732 India
(91) 983-496-8611
sales_at_cognitivemarketresearch.com
Access the Full Report https//shorturl.at/anAIN
Please visit our website https//www.cognitivemar
ketresearch.com