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 are built 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.
In the last chapter, the analysts give the competitive landscape of the global Web 3.0 market. The chapter also contains comments and recommendations by Emergen research to help the readers make well-informed decisions for their businesses during the forecast period. The chapter on the competitive landscape delivers a list of accomplishments of companies so far and mergers and acquisitions as well as product innovations.
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The Global Web 3.0 Market research study published by Emergen Research is an extensive collection of insightful information about the Web 3.0 industry. The report covers the Web 3.0 Market segmentation along with a detailed outline of the Web 3.0 market size with regards to volume and valuation. The report provides comprehensive coverage of the Web 3.0 market scenario for the current period and forecast timeline of 2020-2027. The Web 3.0 market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
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The key companies studied in the report are:
Web3 Foundation, Helium, Ocean Protocol Foundation Ltd., Decentraland, Binance, Alchemy Insights, Inc., Crypto.com, Coinbase, Ripple, and Highstreet
Emergen Research has segmented the global Web 3.0 market on the basis of type, blockchain type, organization size, application, vertical, and region:
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
Organization Size (Revenue, USD Billion; 2019–2030)
- Small and Medium-Sized Enterprises
- Large Enterprises
Application Outlook (Revenue, USD Billion; 2019–2030)
- Cryptocurrency
- Conversational Al
- Data and Transaction Storage
- Payments
- Smart Contract
- Others
Vertical Outlook (Revenue, USD Billion; 2019–2030)
- BFSI
- E-commerce Retail
- Media Entertainment
- Healthcare Pharmaceuticals
- IT Telecom
- Others
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.
The report addresses the following key points:
- The report estimates the expected market size from 2020-2027
- The report provides a forecast of market drivers, restraints, and future opportunities for the Web 3.0 market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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