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Web 3.0 Market 2023 Driving Factors Forecast Research 2029

11-10-2023 06:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Web 3.0 Market

Web 3.0 Market

Web 3.0 market is anticipated to grow at a CAGR of 46.2% during the forecast period (2023-2030). Web 3.0 is not a particular technology but represents decentralization, blockchain technology, and user empowerment. Specifically, Web 3.0 focuses on shifting from a centralized to a decentralized system. It mainly uses blockchain technology to ensure the transparency, security, and immutability of transactions and data management. Apart from blockchain, cryptocurrencies, tokens, and smart contracts are integral components of the Web 3.0 ecosystem. Decentralized applications (dApps), operating without reliance on a central authority, also work on the principles of Web3. These applications are community-driven, open-source, and frequently employ smart contracts and tokens to provide services that span from financial activities to social networking. Web 3.0 provides users with more privacy, transparency, and flexibility which is one of the main factors of the growing Web 3.0 market.

Get Free Sample link @ https://www.omrglobal.com/request-sample/web-3-0-market

The global Web 3.0 market is segmented by blockchain type, application, and end-user. Based on blockchain type the market is sub-segmented into the public, private, consortium, and hybrid blockchain type. Based on application, the market is sub-segmented into cryptocurrency, conversational Artificial Intelligence (AI), data and transaction storage, payments, and smart contracts. Based on end-user, the market is sub-segmented into Banking, Financial Services, and Insurance (BFSI), retail and e-commerce, media and entrainment, healthcare and pharmaceutical, Information Technology (IT), and telecommunications and gaming industry.

full report of Web 3.0 Market available @ https://www.omrglobal.com/industry-reports/web-3-0-market

• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Web 3.0 Market by Blockchain Type
o Public
o Private
o Consortium
o Hybrid

Global Web 3.0 Market by Application
o Cryptocurrency
o Conversational AI
o Data & Transaction Storage
o Payments
o Smart Contracts

Global Web 3.0 Market by End-user
o Banking, Financial Services and Insurance (BFSI)
o Retail & E-commerce
o Media & Entertainment
o Healthcare and Pharmaceuticals
o IT & Telecommunications
o Gaming

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Accubits technologies
o AIf Antier Solutions Pvt. Ltd.
o Alchemy Insights, Inc
o Avalanche (BVI), Inc.
o Blockchain App Factory
o Consensys Inc.
o Freelance Labs, Inc.
o Fueled
o Helium Systems, Inc.
o Infura, Inc.
o MindInventory
o MoogleLabs
o Ripple Web 3.0
o Solana Foundation
o Web3 Foundation (Polkadot)

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the Web 3.0 market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/web-3-0-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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