The global market is expected to grow at a CAGR of 7.2% during the forecast period.

According to the research initiated by Evolve Business Intelligence, the Blockchain-based Web 3.0 market size was worth USD 15.9 billion by 2022, growing at a CAGR of 42.99% from 2023 to 2033. A Blockchain-based Web Market 3.0 refers to an online marketplace that uses blockchain technology to enable decentralized and secure transactions. Web 3.0, also referred to as the decentralized web, aims to create a more open and user-centric internet ecosystem by incorporating blockchain, decentralized protocols, and peer-to-peer networking. In a blockchain-based Web 3.0 marketplace, the underlying blockchain serves as a transparent and immutable ledger that records all transactions, ensuring trust and accountability.

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Essentials:

• Blockchain-Based Web 3.0 Market Size Was Valued At USD 15.9 Billion By 2022 Growing At A CAGR Of 42.99% From 2023 To 2033.
• North America dominated the market in 2022
• Asia Pacific expected to grow fastest at highest CAGR from 2023 to 2033

Evolve Business Intelligence recently released a new market research report on the Blockchain-based Web 3.0 market. The report covers a wide range of aspects such as market size and forecast, market dynamics, competitive market share analysis, market value and volume, SWOT analysis, product benchmarking, recent developments of key players and potential opportunities. In addition, the market has been assessed based on four indicators in the market dynamics section, including drivers, restraints, key trends, and challenges.

In terms of COVID 19 impact, the Agricultural Coatings Market Report also includes the following data points:

• COVID19 Impact on Blockchain-Based Web 3.0 Market Size
• End user/industry/application trend and preferences
• Government policy/regulatory framework
• Strategy of key players to address negative impact/post-COVID strategies
• Opportunity in Blockchain Based Web 3.0 Market

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Protagonists

Some of the major Blockchain-based Web 3.0 players with major market share are Alchemy Insights Inc., Antier Solutions., Decentraland, and Helium Systems Inc. These players use partnership and cooperation as a key strategy to gain significant market share to compete with the market leaders.

The key players profiled in the report are:

• Alchemy Insights Inc.
• Anti-solutions
• Biance
• Decentralized
• Filecoin
• Helium Systems Inc
• Kadena LLC
• Kusama
• Live Pear Inc.

Segment analysis

Market Segment by Types with Focus on Market Share, Consumption Trend and Growth Rate of Blockchain-Based Web 3.0 Market:

• Public
• Private
• Consortium

Market Segment by Application with Focus on Market Share, Consumption Trend and Growth Rate of Blockchain-Based Web 3.0 Market:

• Cryptocurrency
• Conversation AI
• Storage of data and transactions

Market Segment by End User with Focus on Market Share, Consumption Trend and Growth Rate of Blockchain-Based Web 3.0 Market:

• BFSI
• Retail and Ecommerce
• Media & Entertainment
• Medicines

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Blockchain-Based Web 3.0 Geographic Coverage:

• North America
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Scandinavia
  • Benelux
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
• Middle East and Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of MEA
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

Reasons to buy this report:

• Detailed analysis of the impact of market factors, constraints and opportunities
• Competitive Intelligence provides insight into the ecosystem
• Detailed analysis of the Total Addressable Market (TAM) of your products
• Investment bags and new business opportunities
• Supply-demand gap analysis
• Strategic planning

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence and consulting firm that provides innovative solutions to challenging business pain points. Our market research reports contain data useful to micro, small, medium and large businesses. We offer solutions ranging from simple data collection to business consulting.

Evolve Business Intelligence is built on technological advancements that deliver highly accurate data through our in-house AI-modeled data analysis and forecasting tool – EvolveBI. This tool tracks real-time data including quarterly performance, annual performance and recent developments of Fortune’s Global 2000 companies.

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This press release has been written with the intention of providing accurate market information that will enable our readers to make informed strategic investment decisions. If you notice a problem with this content, feel free to contact us [email protected]