The global Web 3.0 market size 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.
The report presents a holistic investigation of the Web 3.0 business mechanism and growth-oriented approaches undertaken by the leading companies operating in this market. The report highlights the numerous strategic initiatives, such as new business deals and collaborations, mergers acquisitions, joint ventures, product launches, and technological upgradation, implemented by the leading market contenders to set a firm foot in the market.
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Competitive Outlook: The leading companies operating in the Web 3.0 market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
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
Objectives of the Report:
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
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)
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Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019–2030)
- Ubiquity
- Semantic Web
- Artificial Intelligence (AI)
- 3D Graphics
- Others
Blockchain Type Outlook (Revenue, USD Billion; 2019–2030)
- Public
- Private
- Consortium
- Hybrid
- Others
Application Outlook (Revenue, USD Billion; 2019–2030)
- Cryptocurrency
- Conversational Al
- Data and Transaction Storage
- Payments
- Smart Contract
- Others
Regional Segmentation:
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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