Web 3.0 Market to Witness Astonishing Growth by 2029

Global Web 3.0 market is anticipated to grow at a CAGR of 46.2% during the forecast period (2023-2030). With growing applications in the end-user industry, the companies are also collaborating for the inclusion of web 3.0-based technologies to stay competitive. For instance, in September 2023, Oasys, a blockchain-based game development platform, partnered with the Japanese telecommunications company KDDI to enable users to trade NFTs on the ?U market, an NFT marketplace created by KDDI. Also in April 2023, FLASK, a Web 3.0, and gaming platform creator, partnered with Polygon to introduce its participation driven GameFi platform, NAODA, to a wider audience. Under this development, FLASK will integrate NAODA into the Polygon proof-of-stake (PoS) chain.

Apart from this, growing investments in web 3.0-based products are also driving demand for the overall web 3.0 industry. For instance, in February 2023, Curio Research, a California-based company that builds on-chain gaming labs for crypto web 3.0 games, raised $2.9 million in seed funding from a group of investors. Also in August 2023, The Bitcoin Frontier Fund launched the Bitcoin Ordinals accelerator program. The program offers seed money, funding pipelines, and mentorship to start-ups innovating in the Ordinals space.

In October 2023, XRP Healthcare, a Web3 healthcare company, announced its expansion into Africa through a listing on Coinstore, a cryptocurrency exchange platform. This strategic expansion will allow Coinstore users to access XRP Healthcare's products and services, as well as its fast payment system built on the XRP Ledger. The listing will also help to expand XRP Healthcare to a wider audience and potential investors interested in cryptocurrency adoption and social impact.

To Request a Sample of our Report on Web 3.0 Market:  https://www.omrglobal.com/request-sample/web-3-0-market

Market Coverage

•                 The market number available for – 2022-2030

•                 Base year- 2022

•                 Forecast period- 2023-2030

Segment Covered- 

·                  By Blockchain Type 

·                  By Application

Regions Covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

Competitive Landscape- Blockchain App Factory, Consensys Inc., Fueled, Infura, Inc., Ripple Web 3.0, Solana Foundation, and among others.

Web 3.0 Market Report Segment

By Blockchain Type

•                 Public

•                 Private

•                 Consortium

•                 Hybrid

By Application

•                 Cryptocurrency

•                 Conversational AI

•                 Data & Transaction Storage

•                 Payments

•                 Smart Contracts

By End-user

•                 Banking, Financial Services and Insurance (BFSI)

•                 Retail & E-commerce

•                 Media & Entertainment

•                 Healthcare and Pharmaceuticals

•                 IT & Telecommunications

•                 Gaming

A full Report of Web 3.0 Market is Available @  https://www.omrglobal.com/industry-reports/web-3-0-market

Web 3.0 Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

•                 Accubits technologies

•                 AIf Antier Solutions Pvt. Ltd.

•                 Alchemy Insights, Inc

•                 Avalanche (BVI), Inc.

•                 Blockchain App Factory

•                 Consensys Inc.

•                 Freelance Labs, Inc.

•                 Fueled

•                 Helium Systems, Inc.

•                 Infura, Inc.

•                 MindInventory

•                 MoogleLabs

•                 Ripple Web 3.0

•                 Solana Foundation

•                 Web3 Foundation (Polkadot)

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

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 7803040404

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