Global Web 3.0 Blockchain Market Size is valued at USD 2.7 Billion in 2024 and is predicted to reach USD 114.9 Billion by the year 2034 at a 45.6% CAGR during the forecast period for 2025-2034.
Web 3.0 is a term used to define the next evolution of the internet that aims to provide a more decentralized, interoperable, and user-centric online experience. The Web 3.0 blockchain market is a rapidly growing segment of the blockchain industry focused on developing decentralized applications and infrastructure enabling Web 3.0.
The Web 3.0 blockchain market has seen significant growth and investment in recent years, with several prominent companies and organizations exploring its potential. One of the main trends in the Web 3.0 blockchain market is the growing interest in decentralized finance (DeFi) applications, which permit users to perform financial transactions without intermediaries. DeFi has emerged as one of the most popular use cases for Web 3.0 blockchain technology and is driving much of the growth and innovation in the market.
Overall, the Web 3.0 blockchain market is a dynamic and rapidly evolving segment of the blockchain industry poised for significant growth and innovation in the coming years. Although current blockchain technology has more advantages than earlier iterations, its development is constrained by a need for more knowledge about its use and applications.
The web 3.0 blockchain market is segmented based on type, application, and end-use outlook. Based on the type outlook, the market is segmented into public, private, consortium, and hybrid. On the basis of application outlook, the market is segmented into cryptocurrency, conversational ai, data & transaction storage, payments, smart contracts, and others. On the basis of end-use outlook, the market is segmented into BFSI, retail & e-commerce, media & entertainment, pharmaceuticals, it & telecom, and others.
The cryptocurrency category is expected to hold a major share of the global Web 3.0 Blockchain Market. The cryptocurrency segment is one of the largest in the Web 3.0 blockchain market. Cryptocurrencies such as Bitcoin, Ethereum, and others have gained widespread popularity and established themselves as legitimate investment and payment method. The growing interest in cryptocurrencies has led to an increase in the development of new cryptocurrencies and the growth of the cryptocurrency market. This has, in turn, driving the Web 3.0 blockchain market growth as more businesses and individuals seek to leverage blockchain technology for their financial needs. In addition to cryptocurrencies, the Web 3.0 blockchain market also includes segments such as decentralized finance (DeFi), non-fungible tokens (NFTs), and others. However, the cryptocurrency segment remains one of the largest and most influential segments in the Web 3.0 blockchain market.
The BFSI industry dominated the market and generated more percentage of worldwide revenue. One of the main factors influencing the market's growth is the rising demand for Web 3.0 blockchain in the banking and finance industry for its scalability, faster transaction speeds, and lower processing costs. Additionally, Web 3.0 blockchain transactions do away with the requirement for third-party payment gateways, enabling quicker financial communications. Additionally, Web 3.0 allows insurance businesses to store decentralized data, reducing the risk of cybercrime.
The Asia Pacific Web 3.0 Blockchain Market is expected to record the highest market share in revenue soon. The region has a presence in some of the world's largest and most technologically advanced economies, including China, Japan, South Korea, and others. The Asia Pacific region has a large and rapidly growing tech-savvy population, which has driven the growth of the Web 3.0 blockchain market. The region is also home to several leading companies in the cryptocurrency and blockchain space, including exchanges and mining operations. In addition, the Asia Pacific region has been at the forefront of blockchain innovation, with several countries actively promoting the development and adoption of the technology. This has created a supportive environment for the growth of the Web 3.0 blockchain market in the region.
Moreover, North America is also a significant player in the Web 3.0 blockchain market and is considered one of the dominant regions in terms of market size and adoption. The region has a large and technologically advanced population, which has driven the growth of the Web 3.0 blockchain market. North America is home to several leading cryptocurrency exchanges, mining operations, and a thriving blockchain developer community. In addition, the North American region has a supportive regulatory environment for blockchain technology, which has helped to drive its growth and adoption. This has created a favourable environment for the region's Web 3.0 blockchain market development.
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Report Attribute |
Specifications |
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Market size value in 2024 |
USD 2.7 Billion |
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Revenue forecast in 2034 |
USD 114.9 Billion |
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Growth rate CAGR |
CAGR of 45.6% from 2025 to 2034 |
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Quantitative units |
Representation of revenue in US$ Mn, and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Type, Application, And End-Use |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
Web3 Foundation (Polkadot); Helium Systems Inc; Ocean Protocol Foundation Ltd.; Zel Technologies Limited.; Kusama; Livepeer, Inc.; Filecoin; Kadena LLC; Polygon Technology; and Terra. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Web 3.0 Blockchain Market Snapshot
Chapter 4. Global Web 3.0 Blockchain Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Product Type Estimates & Trend Analysis
5.1. by Product Type & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Product Type:
5.2.1. Public
5.2.2. Private
5.2.3. Consortium
5.2.4. Hybrid
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Application:
6.2.1. Cryptocurrency
6.2.2. Conversational AI
6.2.3. Data & Transaction Storage
6.2.4. Payments
6.2.5. Smart Contracts
6.2.6. Other
Chapter 7. Market Segmentation 3: by End-use Estimates & Trend Analysis
7.1. by End-use & Market Share, 2024 & 2034
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by End-use:
7.2.1. BFSI
7.2.2. Retail & E-commerce
7.2.3. Media & Entertainment
7.2.4. Pharmaceuticals
7.2.5. IT & Telecom
7.2.6. Others
Chapter 8. Web 3.0 Blockchain Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
8.1.2. North America Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.1.3. North America Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2021-2034
8.1.4. North America Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.2. Europe
8.2.1. Europe Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
8.2.2. Europe Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.2.3. Europe Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2021-2034
8.2.4. Europe Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.3. Asia Pacific
8.3.1. Asia Pacific Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
8.3.2. Asia Pacific Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.3.3. Asia-Pacific Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2021-2034
8.3.4. Asia Pacific Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.4. Latin America
8.4.1. Latin America Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
8.4.2. Latin America Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.4.3. Latin America Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2021-2034
8.4.4. Latin America Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.5. Middle East & Africa
8.5.1. Middle East & Africa Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
8.5.2. Middle East & Africa Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.5.3. Middle East & Africa Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2021-2034
8.5.4. Middle East & Africa Web 3.0 Blockchain Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Alchemy Insights Inc.
9.2.2. Antier Solutions
9.2.3. Biance
9.2.4. Decentraland
9.2.5. Filecoin
9.2.6. Helium Systems Inc
9.2.7. Kadena LLC
9.2.8. Kusama
9.2.9. Livepeer, Inc.
9.2.10. Ocean Protocol Foundation Ltd.
9.2.11. Polygon Technology
9.2.12. Terra
9.2.13. Web3 Foundation (Polkadot)
9.2.14. Zel Technologies Limited.
9.2.15. Other Prominent Players
Web 3.0 Blockchain Market By Type Outlook-
Web 3.0 Blockchain Market By Application Outlook-
Web 3.0 Blockchain Market By End-Use Outlook-
Web 3.0 Blockchain Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
