Global Web 3.0 Blockchain Market was valued at USD 3,895.63 million in 2021 and is predicted to experience robust growth in the forecast period with a CAGR of 52.78% due to the high adoption rate of Web 3.0 decentralized technologies across various industries. Web 3.0 is a possible future version of the internet based on public blockchains; a record-keeping system best known for facilitating cryptocurrency transactions. The attractiveness of Web 3.0 is that it is decentralized, meaning that rather than consumers accessing the internet through services mediated by companies like Google, Apple, or Facebook, individuals themselves own and govern sections of the internet. Web 3.0 blockchain is the trending third-generation technology for the internet. Several applications and websites can intelligently process information using decentralized ledger technology (DLT), machine learning (ML), and Big Data. In the web 3.0 blockchain ecosystem, users and machines can interact with data with more user-friendly and interactive way as compared to older versions. Leading authorities of developed and emerging countries are launching digital transformation initiatives and supplying a regulatory framework to support the growth of blockchain technology. Download Free Sample Report@ https://bit.ly/3Gz5qhB Company Profiles Polkadot (Web3 Foundation), Ocean Protocol Foundation Ltd., Helium Systems Inc., Alchemy Insights, Inc., Polygon technology, Metaverse Holdings Limited, Brave Software, Inc., Coinbase Global, Inc., Kadena LLC, Protocol Labs, Inc. among others are among the major market players in the Global Web 3.0 Blockchain Market. Market Segmentation The Global Web 3.0 Blockchain Market is segmented based on Blockchain Type, Application, Vertical, Organization Size, Region. Based on Blockchain Type, the market is further fragmented into Public, Private, Consortium and Hybrid. Based on Application, the market is segmented into Cryptocurrency, Conversational AI, Data & Transaction Storage, Payments, Smart Contract, and Others (Supply Chain Management, Manufacturing, Pharmaceutical, etc.). Based on Vertical, the market is segmented into BFSI, Healthcare & Pharmaceuticals, E-commerce & Retail, Media & Entertainment, IT & Telecom, and Others (Agriculture, Renewable Energy, Real Estate, etc.). Based on Organizational Size, the market is segmented into Large Enterprises, Small and Medium-Sized Enterprises. The North America Global Web 3.0 Blockchain Market stood at USD1,620.72 million in the year 2021 and is projected to grow at a CAGR of 51.80% during the forecast period. North America comprises some of the most infrastructurally sound nations, such as United States, Canada, Mexico. The Europe Web 3.0 Blockchain Market stood at USD973.09 million in the year 2021 and is projected to grow at a CAGR of 52.05% during the forecast period.

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2015 – 2025
Published: December 2020
Published: March 2021
Published: April 2021
FY2017 – FY2027
MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
GLOBAL WEB 3.0 BLOCKCHAIN
MARKET FORECAST AND
OPPORTUNITIES
2017 – 2027

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Table of Contents
S. No. Contents
1. Service Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Global Web 3.0 Blockchain Market
5. Voice of Customer
5.1. Brand Awareness
5.2. Factors for Adopting Web 3.0 Blockchain
5.3. Key Satisfaction Level
6. Global Web 3.0 Blockchain Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Blockchain Type (Public, Private, Consortium, Hybrid)
6.2.2.
By Application (Cryptocurrency, Conversational AI, Data & Transaction Storage, Payments,
Smart Contract, Others)
6.2.3.
By Vertical (BFSI, Healthcare & Pharmaceuticals, E-commerce & Retail, Media &
Entertainment, IT & Telecom, Others)
6.2.4. By Organization Size (Large Enterprises Small and Medium-Sized Enterprises)
6.2.5. By Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America)
6.2.6. By Company (2021)
6.3. Product Market Map (By Blockchain Type, By Application, By Vertical, By Organization Size, By Region)
7. North America Web 3.0 Blockchain Market Outlook
7.1. Market Size & Forecast

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7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Blockchain Type
7.2.2. By Application
7.2.3. By Vertical
7.2.4. By Organization Size
7.2.5. By Country
7.3. North America Web 3.0 Blockchain Country Analysis
7.3.1. United States Web 3.0 Blockchain Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Blockchain Type
7.3.1.2.2. By Application
7.3.1.2.3. By Vertical
7.3.1.2.4. By Organization Size
7.3.2. Canada Web 3.0 Blockchain Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Blockchain Type

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7.3.2.2.2. By Application
7.3.2.2.3. By Vertical
7.3.2.2.4. By Organization Size
7.3.3. Mexico Web 3.0 Blockchain Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Blockchain Type
7.3.3.2.2. By Application
7.3.3.2.3. By Vertical
7.3.3.2.4. By Organization Size
8. Europe Web 3.0 Blockchain Market Outlook
8.1 Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Blockchain Type
8.2.2. By Application
8.2.3. By Vertical
8.2.4. By Organization Size
8.2.5. By Country

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8.3. Europe Web 3.0 Blockchain Country Analysis
8.3.1. Germany Web 3.0 Blockchain Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Blockchain Type
8.3.1.2.2. By Application
8.3.1.2.3. By Vertical
8.3.1.2.4. By Organization Size
8.3.2. United Kingdom Web 3.0 Blockchain Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Blockchain Type
8.3.2.2.2. By Application
8.3.2.2.3. By Vertical
8.3.2.2.4. By Organization Size
8.3.3. France Web 3.0 Blockchain Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Blockchain Type

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8.3.3.2.2. By Application
8.3.3.2.3. By Vertical
8.3.3.2.4. By Organization Size
8.3.4. Russia Web 3.0 Blockchain Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Blockchain Type
8.3.4.2.2. By Application
8.3.4.2.3. By Vertical
8.3.4.2.4. By Organization Size
8.3.5. Italy Web 3.0 Blockchain Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Blockchain Type
8.3.5.2.2. By Application
8.3.5.2.3. By Vertical
8.3.5.2.4. By Organization Size
8.3.6. Spain Web 3.0 Blockchain Market Outlook
8.3.6.1. Market Size & Forecast
8.3.6.1.1. By Value

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8.3.6.2. Market Share & Forecast
8.3.6.2.1. By Blockchain Type
8.3.6.2.2. By Application
8.3.6.2.3. By Vertical
8.3.6.2.4. By Organization Size
8.3.7. Belgium Web 3.0 Blockchain Market Outlook
8.3.7.1. Market Size & Forecast
8.3.7.1.1. By Value
8.3.7.2. Market Share & Forecast
8.3.7.2.1. By Blockchain Type
8.3.7.2.2. By Application
8.3.7.2.3. By Vertical
8.3.7.2.4. By Organization Size
9. Asia-Pacific Web 3.0 Blockchain Market Outlook
9.1 Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Blockchain Type
9.2.2. By Application
9.2.3. By Vertical
9.2.4. By Organization Size
9.2.5. By Country

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9.3. Asia-Pacific Web 3.0 Blockchain Country Analysis
9.3.1. China Web 3.0 Blockchain Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Blockchain Type
9.3.1.2.2. By Application
9.3.1.2.3. By Vertical
9.3.1.2.4. By Organization Size
9.3.2. Japan Web 3.0 Blockchain Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Blockchain Type
9.3.2.2.2. By Application
9.3.2.2.3. By Vertical
9.3.2.2.4. By Organization Size
9.3.3. South Korea Web 3.0 Blockchain Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Blockchain Type

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9.3.3.2.2. By Application
9.3.3.2.3. By Vertical
9.3.3.2.4. By Organization Size
9.3.4. Australia Web 3.0 Blockchain Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Blockchain Type
9.3.4.2.2. By Application
9.3.4.2.3. By Vertical
9.3.4.2.4. By Organization Size
9.3.5. India Web 3.0 Blockchain Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Blockchain Type
9.3.5.2.2. By Application
9.3.5.2.3. By Vertical
9.3.5.2.4. By Organization Size
9.3.6. Vietnam Web 3.0 Blockchain Market Outlook
9.3.6.1. Market Size & Forecast
9.3.6.1.1. By Value

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9.3.6.2. Market Share & Forecast
9.3.6.2.1. By Blockchain Type
9.3.6.2.2. By Application
9.3.6.2.3. By Vertical
9.3.6.2.4. By Organization Size
9.3.7. Malaysia Web 3.0 Blockchain Market Outlook
9.3.7.1. Market Size & Forecast
9.3.7.1.1. By Value
9.3.7.2. Market Share & Forecast
9.3.7.2.1. By Blockchain Type
9.3.7.2.2. By Application
9.3.7.2.3. By Vertical
9.3.7.2.4. By Organization Size
10. Middle East & Africa Web 3.0 Blockchain Market Outlook
10.1 Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Blockchain Type
10.2.2. By Application
10.2.3. By Vertical
10.2.4. By Organization Size
10.2.5. By Country

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10.3. Middle East & Africa Web 3.0 Blockchain Country Analysis
10.3.1. United Arab Emirates Web 3.0 Blockchain Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Blockchain Type
10.3.1.2.2. By Application
10.3.1.2.3. By Vertical
10.3.1.2.4. By Organization Size
10.3.2. Saudi Arabia Web 3.0 Blockchain Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Blockchain Type
10.3.2.2.2. By Application
10.3.2.2.3. By Vertical
10.3.2.2.4. By Organization Size
10.3.3. South Africa Web 3.0 Blockchain Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Blockchain Type

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10.3.3.2.2. By Application
10.3.3.2.3. By Vertical
10.3.3.2.4. By Organization Size
10.3.4. Turkey Web 3.0 Blockchain Market Outlook
10.3.4.1. Market Size & Forecast
10.3.4.1.1. By Value
10.3.4.2. Market Share & Forecast
10.3.4.2.1. By Blockchain Type
10.3.4.2.2. By Application
10.3.4.2.3. By Vertical
10.3.4.2.4. By Organization Size
10.3.5. Iraq Web 3.0 Blockchain Market Outlook
10.3.5.1. Market Size & Forecast
10.3.5.1.1. By Value
10.3.5.2. Market Share & Forecast
10.3.5.2.1. By Blockchain Type
10.3.5.2.2. By Application
10.3.5.2.3. By Vertical
10.3.5.2.4. By Organization Size
11. South America Web 3.0 Blockchain Market Outlook
11.1 Market Size & Forecast
11.1.1. By Value

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11.2. Market Share & Forecast
11.2.1. By Blockchain Type
11.2.2. By Application
11.2.3. By Vertical
11.2.4. By Organization Size
11.2.5. By Country
11.3. South America Web 3.0 Blockchain Country Analysis
11.3.1. Brazil Web 3.0 Blockchain Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Blockchain Type
11.3.1.2.2. By Application
11.3.1.2.3. By Vertical
11.3.1.2.4. By Organization Size
11.3.2. Argentina Web 3.0 Blockchain Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Blockchain Type
11.3.2.2.2. By Application

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11.3.2.2.3. By Vertical
11.3.2.2.4. By Organization Size
11.3.3. Colombia Web 3.0 Blockchain Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Blockchain Type
11.3.3.2.2. By Application
11.3.3.2.3. By Vertical
11.3.3.2.4. By Organization Size
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends and Developments
14. Company Profiles
14.1. Web3 Foundation (Polkadot)
14.2. Ocean Protocol Foundation Ltd.
14.3. Helium Systems Inc.
14.4. Alchemy Insights, Inc
14.5. Polygon technology
14.6. Decentraland
14.7. Brave Software, Inc.

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14.1.8. Coinbase Global, Inc.
14.1.9. Kadena LLC
14.1.10. Filecoin
15. Strategic Recommendations
16. About Us & Disclaimer

16. Service Overview

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Service Overview
Scope of Report: Web 3.0 Blockchain
Review Period
2017 – 2020
Base Year
2021
Estimated Year
2022
Forecast Period
2023 – 2027
Year Range
GLOBAL WEB 3.0
BLOCKCHAIN MARKET
BY BLOCKCHAIN TYPE
• Public
• Private
• Consortium
• Hybrid
Web 3.0 blockchain is the creation of an improved, decentralized, private, secure, and open internet
through the integration of blockchain technology. The three crucial foundations of Web 3.0 are
Artificial intelligence (AI), IoT(Internet of things), and blockchain technology. Blockchain technology
helps in achieving decentralized data storage and foster faith in the virtual world.
Market Segmentation
BY APPLICATION
• Cryptocurrency
• Conversational AI
• Data & Transaction
Storage
• Payments
• Smart Contract
• Others
BY ORGANIZATION SIZE
• Large Enterprises
• Small and Medium-Sized
Enterprises
BY VERTICAL
• BFSI
• Healthcare &
Pharmaceuticals
• E-commerce & Retail
• Media & Entertainment
• IT & Telecom
• Others
BY REGION
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America

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Product Overview
Product of Interest: Web 3.0 Blockchain
BY BLOCKCHAIN TYPE:
• Public: Public blockchains are entirely open to following the idea of decentralization. They don’t have any restrictions, anyone
having a computer and internet can participate in the network. The demand for public blockchain is high as it provides cost
competitiveness to enterprises.
• Private: A private blockchain is managed by a network administrator and participants need consent to join the network i.e., a
private blockchain is a permissioned blockchain. Private blockchains also ensure higher levels of privacy due to which its
demand is increasing in Global Web 3.0 Blockchain Market.
• Consortium: A consortium blockchain is a type of semi-decentralized network in which members are not granted to a single
entity. Instead, it is granted to a group of individuals. A consortium blockchain is typically faster than a public blockchain, but it
is also less decentralized, giving individual participants more control.
• Hybrid: A hybrid blockchain is a combination of private and public blockchains. It enables enterprises, governments, and other
organizations to better handle their workflow and improve their systems with better solutions.
BY APPLICATION:
• Cryptocurrency: A cryptocurrency is a form of currency that exists virtually or digitally and uses cryptography to secure
transaction. Blockchain is a technology used by many cryptocurrencies such as Ethereum and Bitcoin to operate on. This
technology is uniquely identified for securely recording and transferring information.
• Conversational AI: Blockchain technology and Artificial Intelligence (AI) are the two most important technologies that have
revolutionized innovation rates across industries. Conversational AI is a group of technologies that allow computers to naturally
process, understand, and respond to text or voice inputs.
• Data & Transaction Storage: Transaction storage is a modern technique of maintaining business information that eliminates
the need to create new files for every transaction. Blockchain storage is a method of maintaining data in a decentralized
network by utilizing users’ unused hard disk space across the globe to store files.

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Product Overview
Product of Interest: Web 3.0 Blockchain
• Payments: Blockchain technology offers fast, secure, low-cost international payment processing services. These transactions
use encrypted distributed ledgers that allow trusted real-time verification of transactions without the requirement of
intermediaries such as clearinghouses and correspondent banks.
• Smart Contract: Smart contracts are digital contracts stored on blockchains. They are mainly used to automate the execution
of an agreement allowing the participants to become certain about the outcomes, avoiding the intermediary’s time loss or
involvement.
BY VERTICAL:
• BFSI: BFSI sector uses blockchain technology for various applications to transform the way people exchange values. Blockchain
technology records the transaction as blocks and then chains them together to form complete transaction records.
• E commerce & Retail: Blockchain technology in the e-commerce & retail sector extends from cheaper, faster business
processes to improved and secured customer experience. The most commonly used blockchain in this sector is Ethereum which
offers a platform for e-commerce brands to manage their own blockchains.
• Media & Entertainment: The Ethereum platform allows the media & entertainment sector to achieve benefits such as
disintermediated content from industry intermediaries, reducing IP infringement, and direct monetization of all copywritten
assets through P2P micropayments and smart contracts.
• Healthcare & Pharmaceuticals: Blockchain technology in healthcare & pharmaceuticals ensures data integrity across multiple
parties, achieves new operational efficiency, and reduces counterfeit to gain complete traceability. Blockchain technology helps
track the supply chain of pharmaceutical products and resolve disputes that can trigger future steps in supply chain transactions
• IT & Telecom: Smart contracts are digital contracts stored on blockchains. Blockchain is booming as a revolutionary technology
helping the telecom sector manage all the existing issues.

20. Research Methodology

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Research Methodology
 Identifying Key Opinion
Leaders
 Questionnaire Design
 In-depth Interviews
Data
Collection
Developing List
of Respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was
conducted to determine
top companies, overall
market size and
segmental market size
in Global Web 3.0
Blockchain Market.
In order to conduct
industry experts’
interviews, TechSci
formulated a
detailed discussion
guide.
List of leading
companies and
industry
specialists was
developed.
TechSci conducted
interviews with
industry experts
and leading
companies for data
collection and
verification.
Data obtained as
a result of
primary and
secondary
research was
validated through
rigorous
triangulation.
The data was
scrutinized using MS-
Excel, statistical tools
and internal proprietary
database to obtain
qualitative and
quantitative insights
about Global Web 3.0
Blockchain Market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
 Recent Developments
 Market Changing
Aspects/Dynamics
 Government Policies
 Conclusion
 Market Participants
 Key Strengths
 LinkedIn
 TechSci Internal
Database
 Factiva
 Hoovers
 EMIS
Paid Sources
 Company Websites
 Company Annual
Reports
 White Paper Study
 Financial Reports
 Investor
Presentations
 Regulatory Body
Secondary Research
Primary Research

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Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analysed various aspects of Global Web 3.0 Blockchain Market. The
team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as
increased use of cryptocurrencies, growing demand in media & entertainment, rapid innovation and technology, emerging edge
computing etc., with the projected growth during the forecast period. The study includes market forecasting, which would enable
our clients to take better decisions while planning their strategy to achieve sustainability in Global Web 3.0 Blockchain Market.
Methodology Followed for Calculation of Market Size:
Market Size by Value: Market size, in terms of value, for the year 2021 was calculated based on information collected through
exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders and industry experts.
The team interviewed more than 20 companies, 50 industry experts, and other value chain stakeholders in Global Web 3.0
Blockchain market to obtain the overall market size during 2017-2021, which was validated by the Delphi technique. Taking
standard deviation into consideration, the market size was averaged out, to arrive at the market size data for 2017-2021.

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Research Methodology
Respondents were asked about the current and future market growth rates, as well as market shares by blockchain type, by
application, by vertical, by organization size, by region, and by company. Removing the outlier responses, the geometric mean
of growth estimates and provider wise revenue shares generated across various segments were considered to arrive at the final
revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders
depending upon the component.
Methodology Followed for Calculation of Market Shares:
Market shares by blockchain type, by application, by vertical, by organization size, by region, and by company were calculated
based on the responses received through primary surveys with industry experts, in which the respondents were asked about the
market shares of the leading service providers. The final shares were calculated by taking the geometric mean of the responses
gathered from key opinion leaders after eliminating the outliers. Moreover, respondents were asked about the leading
companies operating and their competitive structure in Global Web 3.0 Blockchain Market.
Methodology Followed for Forecasting:
TechSci Research performed periodical checks on data collected through the surveys with logical checks and analyzed the survey
results.

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Research Methodology
Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To
forecast Global Web 3.0 Blockchain Market, TechSci Research used various forecast techniques such as:
o Moving Average
o Time Series Analysis
o Regression Analysis
o Econometric and Judgmental Analysis
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions.
TechSci Research also used the impact analysis during short, medium, and long-term period to estimate and analyze market
demand scenario.
Partial List of Companies
Interviewed
Web3 Foundation (Polkadot), Ocean Protocol Foundation Ltd., Helium Systems Inc., Alchemy
Insights, Inc., Polygon technology, Decentraland, Brave Software, Inc., Coinbase Global, Inc.,
Kadena LLC, Filecoin, among others.
Partial List of Secondary
Sources
Company Annual Reports, Press Releases, Industry Magazines, Industry Reports, Company
Websites, TechSci Research Proprietary Database & Knowledge Repository, American
Blockchain and Cryptocurrency Association, European Blockchain Association, Asia Crypto
Alliance, Crypto Valley Association, Blockchain Association, among others.
*Note: Sum of some shares may not be 100% due to round off till two decimal places.

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Industry Brief
4
Increasing demand for data privacy, rapid innovations, and technological advancements of the internet are influencing the Global Web 3.0 Blockchain Market
through 2027F.
According to TechSci Research report, “Web 3.0 Blockchain Market –Global Industry Size, Share, Trends, Competition, Opportunity, and
Forecast, 2017-2027” Global Web 3.0 Blockchain Market stood at USD 3,895.63 Million in 2021 and is projected to grow at a CAGR of 52.78%
during the forecast period. Constant up-gradation in technology and implementation and awareness of the Internet of Things are the main
reasons why the global Web 3.0 Blockchain Market is going to grow globally. Moreover, factors such as government policies that stop monopoly
and efforts made to improve users' privacy, are significant factors in the market's growth. Moreover, rapidly growing urbanization is leading to
technological advancements with rising digitalization that has led to more internet users, which in turn is likely to positively impact the Global
Web 3.0 Blockchain Market. As a result, Web 3.0 Blockchain is being used by several organizations to improve data security and privacy, which
is expected to drive market growth. Cryptocurrencies are the digital payment layer of Web 3.0, enabling instant and cheap transactions. Thus,
the increasing use of cryptocurrencies globally is anticipated to positively impact market growth. For instance, in June 2022, a blockchain data
firm, Chainanalysis, released the Chainanalysis State of Web 3 report which mentioned that web 3.0 allows faster and more convenient
transactions. Additionally, borrowers have to go through a lengthy mortgage application process that relies heavily on human judgment, but Web
3.0 will make this process faster and fairer, which is likely to increase the Global Web 3.0 Blockchain Market.
The Global Web 3.0 Blockchain Market is segmented based on Blockchain Type, Application, Vertical, Organization Size, Region. Based on
Blockchain Type, the market is further fragmented into Public, Private, Consortium and Hybrid. Based on Application, the market is segmented
into Cryptocurrency, Conversational AI, Data & Transaction Storage, Payments, Smart Contract, and Others (Supply Chain Management,
Manufacturing, Pharmaceutical, etc.). Based on Vertical, the market is segmented into BFSI, Healthcare & Pharmaceuticals, E-commerce &
Retail, Media & Entertainment, IT & Telecom, and Others (Agriculture, Renewable Energy, Real Estate, etc.). Based on Organizational Size, the
market is segmented into Large Enterprises, Small and Medium-Sized Enterprises.
Hybrid was the fastest growing segment in the Global Web 3.0 Blockchain Market with a CAGR of 55.58% in 2021. This can be attributed to the
fact that hybrid combines the benefits of both public & private blockchains which helps in the limiting the disadvantages of both public and
private.
In hybrid blockchain, when the speed of private blockchain combines with the security of private blockchain, a large number of transactions are
generated by private blockchain which are later verified using the public blockchain while they are easy to handle. Hybrid blockchain also allows
real-time data to be uploaded on blockchain.
Key market players in the Global Web 3.0 Blockchain market include Polkadot (Web3 Foundation), Ocean Protocol Foundation Ltd., Helium
Systems Inc., Alchemy Insights, Inc., Polygon technology, Metaverse Holdings Limited, Brave Software, Inc., Coinbase Global, Inc., Kadena
LLC, Protocol Labs, Inc.
“Payment has the largest market share in the Global Web 3.0 Blockchain Market with a CAGR of 26.55% in 2021. This can be attributed to the
fact that processing of payments is more securable, hassle free without any interference. Artificial Intelligence (AI) & Machine Learning (ML)
helps in detecting fraud transactions by using large volumes of digital transaction data. This helps in preventing any fraud by hackers in digital
payments in the E-Commerce sector. This enables the processing of large numbers of transactions with low error rates. Moreover, de-
centralized (DeFi), a component of Web 3.0 carries out financial transactions on the blockchain without any assist from banks or government..”
said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

26. 26
© TechSci Research 26
Sample Data - Snapshot
4
2017 2018 2019 2020 2021 2022E 2023F 2024F 2025F 2026F 2027F
Value (USD Million)
Global Web 3.0 Blockchain Market Size, By Value (USD Million), 2017-2027F
CAGR 2017-2021
By Value: xx%
CAGR 2022E-2027F
By Value: xx%
North America Web 3.0 Blockchain Market Share, By Blockchain Type, By Value, 2017-2027F
2017 2018 2019 2020 2021 2022E 2023F 2024F 2025F 2026F 2027F
Public 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00%
Private 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00%
Consortium 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00%
Hybrid 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00%
2017 2018 2019 2020 2021 2022E 2023F 2024F 2025F 2026F 2027F
Payments 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00%
Cryptocurrency 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00%
Smart Contract 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00%
Conversational AI 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00%
Data & Transaction Storage 25.00% 25.00% 25.00% 25.00% 25.00% 25.00% 25.00% 25.00% 25.00% 25.00% 25.00%
Others 25.00% 25.00% 25.00% 25.00% 25.00% 25.00% 25.00% 25.00% 25.00% 25.00% 25.00%
United States Web 3.0 Blockchain Market Share, By Application, By Value, 2017-2027F

27. 27
© TechSci Research 27
Report Ordering
4
Report Name: GLOBAL WEB 3.0 BLOCKCHAIN MARKET FORECAST
AND OPPORTUNITIES
2017 – 2027
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28. About Us & Disclaimer
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industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.
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