Web 3.0 市場 : 2030年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2023年10月

Web 3.0 Market – Global Forecast to 2030

Web 3.0 市場 : テクノロジースタック[インフラストラクチャレイヤー、プロトコルレイヤー、ユーティリティレイヤー(CDN、DEX、暗号通貨)]、サービスレイヤー(NFT、DEC)、アプリケーションレイヤー(DApps、DeFi、スマートコントラクト、DAO)、垂直、地域別 – 2030年までの世界予測
Web 3.0 Market by Technology Stack (Infrastructure Layer, Protocol Layer, Utility Layer (CDNs, DEXs, Cryptocurrency), Service Layer (NFTs, DECs), Application Layer (DApps, DeFi, Smart Contract, DAOs), Vertical and Region – Global Forecast to 2030

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Report Overview

The global market for Web 3.0 is projected to grow from USD 0.4 billion in 2023 to USD 5.5 billion by 2030, at a CAGR of 44.9% during the forecast period. Web 3.0, driven by decentralized blockchain technology, promises a revolutionary internet experience. It enables users to own and earn from their data, challenging the exploitative practices of centralized entities. Technologies such as distributed ledgers and blockchain enhance data decentralization, ensuring transparency and security while addressing issues of centralization and surveillance. This next-generation Internet aims to be open, trustless, and permissionless, granting users control over their data and unified access to applications, all securely recorded on the blockchain for transparency and accountability.

Web 3.0 市場 : 2030年までの世界予測

“The healthcare & life sciences vertical is projected to hold the largest CAGR during the forecast period.”
The growth of Web 3.0 in healthcare and life sciences is poised to revolutionize these industries. Web 3.0 technologies, including blockchain, smart contracts, and decentralized data sharing, promise enhanced security, interoperability, and patient-centric care. From secure health records to decentralized clinical trials and drug discovery, the convergence of cutting-edge technologies is unlocking new potentials, improving data management, and ultimately shaping the future of healthcare and life sciences.

“Among infrastructure layer, computing to account for the largest market during the forecast period.”
Web 3.0’s infrastructure layer embraces a diverse range of computing innovations. Decentralized computing,  and edge computing play pivotal roles in this transformation. These technologies ensure data processing efficiency, low latency, and robust security. They serve as the backbone for the dynamic and interconnected digital ecosystem of Web 3.0, supporting decentralized applications, artificial intelligence, and the Internet of Things, among other advancements.

“Among service layer, the non-fungible tokens are anticipated to account for the largest market share during the forecast period.”
Non-fungible tokens (NFTs) are a cornerstone of Web 3.0’s services layer, enabling unique digital asset ownership and provenance verification. NFTs, built on blockchain technology, provide a secure and decentralized way to represent ownership of digital art, collectibles, virtual real estate, and more. It offers creators new monetization opportunities and users the ability to truly own and trade digital assets, revolutionizing the digital economy and content creation.


“North America to account for the largest market size during the forecast period.”
Web 3.0 is experiencing robust growth in North America. The region is witnessing widespread adoption of blockchain technology, cryptocurrencies, and decentralized applications. Projects related to decentralized finance (DeFi), digital identity, and NFTs are thriving. Additionally, major tech hubs are fostering innovation in this domain. Regulatory developments and increased investments are further propelling the expansion of Web 3.0, positioning North America as a key player in the evolving decentralized digital landscape.

Web 3.0 Market - Global Forecast to 2030 - region

Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the Web 3.0 market.
§ By Company: Tier I: 35%, Tier II: 45%, and Tier III: 20%
§ By Designation: C-Level Executives: 35%, Directors: 25%, and Others: 40%
§ By Region: North America: 40%, Europe: 20%, APAC: 30%, MEA: 5%, Latin America: 5%


Major vendors offering Web 3.0 solutions and services across the globe include IBM (US), AWS (US), Oracle (US), Coinbase (US), Fujitsu (Japan), Huawei Cloud (China), NTT DOCOMO (Japan), Chainanlysis (US), Ripple Labs (US), Consensys (US), Gemini (US), Binance (Malta), Ocean Protocol Foundation (Singapore), Helium Foundation (US), KUSAMA (Switzerland), Crypto.com (Singapore), Biconomy (Singapore), MakerDAO (US), Chainlink (Cayman Island), Web3 Foundation (Switzerland), HighStreet (US), PARFIN (UK), Ava Labs (US), Pinata (US), Covalent (Canada), Polygon Technology (Cayman Islands), Alchemy Insights (US), Decentraland (China), DAOstack (Israel), Kadena LLC (US), Sapien (US), Storj (US), and Brave (US).

Web 3.0 Market - Global Forecast to 2030 - ecosystem


Research Coverage
The market study covers Web 3.0 across segments. It aims to estimate the market size and the growth potential across different segments, such as technology stack, infrastructure layer, protocol layer, utility layer, service layer, application layer, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market for Web 3.0 and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.


The report provides insights on the following pointers:
• Analysis of key drivers (rising adoption of blockchain technologies, rising demand for secure and transparent digital transactions, rising need for decentralized technology and applications), restraints (extensive regulatory scrutiny and evolving regulatory perspectives, demand for high level of security), opportunities (rising adoption of web 3.0 technology across diverse business applications, ability to offer increased transparency), and challenges (lack of awareness, limited scalability of blockchain technology) influencing the growth of the web 3.0 market.

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Web 3.0 market.

• Market Development: Comprehensive information about lucrative markets – the report analyses the Web 3.0 market across varied regions.

• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in Web 3.0 market strategies; the report also helps stakeholders understand the pulse of the Web 3.0 market and provides them with information on key market drivers, restraints, challenges, and opportunities.

• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as IBM (US), AWS (US), Oracle (US), Coinbase (US), Fujitsu (Japan) and others in the Web 3.0 market.

Table of Contents

1            INTRODUCTION            45

1.1         STUDY OBJECTIVES      45

1.2         MARKET DEFINITION   45

1.2.1      INCLUSIONS AND EXCLUSIONS 45

1.3         MARKET SCOPE             46

1.3.1      MARKETS COVERED     46

1.3.2      REGIONS COVERED      47

1.3.3      YEARS CONSIDERED     47

1.4         CURRENCY CONSIDERED          48

TABLE 1             USD EXCHANGE RATE, 2020–2022           48

1.5         STAKEHOLDERS            48

2            RESEARCH METHODOLOGY     49

2.1         RESEARCH DATA           49

FIGURE 1           WEB 3.0 MARKET: RESEARCH DESIGN   49

2.1.1      SECONDARY DATA       50

2.1.2      PRIMARY DATA 50

2.1.2.1   Primary interviews             50

2.1.2.2   Breakup of primary profiles             51

2.1.2.3   Key industry insights          51

2.2         MARKET BREAKUP AND DATA TRIANGULATION           52

FIGURE 2           DATA TRIANGULATION             52

2.3         MARKET SIZE ESTIMATION       53

FIGURE 3           WEB 3.0 MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES   53

2.3.1      TOP-DOWN APPROACH             53

2.3.2      BOTTOM-UP APPROACH           54

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY-SIDE), REVENUE FROM SOLUTIONS/SERVICES             54

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2, BOTTOM-UP (SUPPLY-SIDE), COLLECTIVE REVENUE FROM ALL SOLUTIONS/SERVICES 55

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3, BOTTOM-UP (SUPPLY-SIDE), COLLECTIVE REVENUE FROM ALL SOLUTIONS/SERVICES OF WEB 3.0         55

FIGURE 7           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 4, BOTTOM-UP (DEMAND-SIDE), SHARE OF WEB 3.0 THROUGH OVERALL WEB 3.0 SPENDING   56

2.4         MARKET FORECAST      57

TABLE 2             FACTOR ANALYSIS        57

2.5         ASSUMPTIONS 58

TABLE 3             MARKET ESTIMATION ASSUMPTIONS  58

2.6         LIMITATIONS   60

2.7         RECESSION IMPACT ANALYSIS 60

3            EXECUTIVE SUMMARY 61

TABLE 4             GLOBAL WEB 3.0 MARKET AND GROWTH RATE, 2018–2022 (USD THOUSAND Y-O-Y%)        61

TABLE 5             GLOBAL WEB 3.0 MARKET AND GROWTH RATE, 2023–2030 (USD THOUSAND, Y-O-Y%)       62

FIGURE 8           LAYER 0 – INFRASTRUCTURE TO ACCOUNT FOR LARGEST MARKET SHARE (TECHNOLOGY STACK), 2023  62

FIGURE 9           COMPUTING TO ACCOUNT FOR LARGEST MARKET SHARE, BY INFRASTRUCTURE LAYER, IN 2023         62

FIGURE 10         PRIVACY & SECURITY PROTOCOLS TO DOMINATE MARKET, BY PROTOCOL LAYER, IN 2023  63

FIGURE 11         CRYPTOCURRENCY ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE (UTILITY LAYER) IN 2023          63

FIGURE 12         NON-FUNGIBLE TOKENS ESTIMATED TO DOMINATE SERVICE LAYER MARKET IN 2023 64

FIGURE 13         DECENTRALIZED APPLICATIONS TO DOMINATE APPLICATION LAYER SEGMENT, 2023   64

FIGURE 14         BFSI SEGMENT TO HOLD LARGEST SHARE OF MARKET, BY VERTICAL (2023)            65

FIGURE 15         NORTH AMERICA AND EUROPE TO DOMINATE MARKET IN 2023      65

4            PREMIUM INSIGHTS      66

4.1         ATTRACTIVE OPPORTUNITIES IN WEB 3.0 MARKET       66

FIGURE 16         RISING NEED FOR SECURE AND TRANSPARENT DIGITAL TRANSACTION TO BOOST DEMAND FOR WEB 3.0          66

4.2         WEB 3.0 MARKET, BY TECHNOLOGY STACK, 2023–2030  66

FIGURE 17         LAYER 0 – INFRASTRUCTURE ESTIMATED TO ACCOUNT FOR LARGEST MARKET        66

4.3         WEB 3.0 MARKET, BY TECHNOLOGY STACK AND KEY VERTICALS, 2023              67

FIGURE 18         LAYER 0 – INFRASTRUCTURE AND BFSI SEGMENTS ESTIMATED TO ACCOUNT FOR SIGNIFICANT MARKET SHARE          67

4.4         WEB 3.0 MARKET, BY REGION, 2023        67

FIGURE 19         NORTH AMERICA TO DOMINATE WEB 3.0 MARKET IN 2023              67

5            MARKET OVERVIEW AND INDUSTRY TRENDS   68

5.1         INTRODUCTION            68

5.2         MARKET DYNAMICS     68

FIGURE 20         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: WEB 3.0 MARKET           68

5.2.1      DRIVERS            69

5.2.1.1   Rising adoption of blockchain technologies    69

5.2.1.2   Demand for secure and transparent digital transactions             69

5.2.1.3   Need for decentralized technology and applications     69

5.2.2      RESTRAINTS     70

5.2.2.1   Extensive regulatory scrutiny and evolving regulatory perspectives          70

5.2.2.2   High demand for security   70

5.2.3      OPPORTUNITIES           70

5.2.3.1   Rising adoption of Web 3.0 technology across business applications         70

5.2.3.2   Ability to offer increased transparency           71

5.2.4      CHALLENGES   71

5.2.4.1   Lack of awareness 71

5.2.4.2   Limited scalability of blockchain technology  71

5.3         BRIEF HISTORY OF WEB 3.0 MARKET     72

5.3.1      COMPARISON OF WEB 1.0 VS WEB 2.0 VS WEB 3.0            72

TABLE 6             COMPARISON OF WEB GENERATIONS  72

5.4         WEB 3.0 MARKET ECOSYSTEM  73

FIGURE 21         WEB 3.0 MARKET ECOSYSTEM ANALYSIS            73

TABLE 7             WEB 3.0 MARKET: PLATFORM PROVIDERS         74

TABLE 8             WEB 3.0 MARKET: SERVICE PROVIDERS 75

TABLE 9             WEB 3.0 MARKET: CLOUD PROVIDERS  75

TABLE 10           WEB 3.0 MARKET: END USERS   76

TABLE 11           WEB 3.0 MARKET: REGULATORY BODIES           76

5.5         CASE STUDY ANALYSIS 77

5.5.1      IT          77

5.5.1.1   OpenZeppelin leverages Infura to reduce the overhead of maintaining and managing nodes   77

5.5.2      BFSI      77

5.5.2.1   Ripple Labs helped Novatti to make cross-border payments fast and secure              77

5.5.2.2   Alchemy helped Zerion improve reliability, scalability, and performance of its digital asset wallet and API 78

5.5.3      TELECOMMUNICATION            78

5.5.3.1   Web3 Labs helps Vodafone eliminate identity management vulnerabilities              78

5.5.4      MEDIA & ENTERTAINMENT      79

5.5.4.1   Alchemy enables Royal to enhance performance and scalability 79

5.6         SUPPLY/VALUE CHAIN ANALYSIS          79

FIGURE 22         SUPPLY CHAIN ANALYSIS: WEB 3.0 MARKET      79

5.7         TECHNOLOGY ANALYSIS           80

5.7.1      KEY TECHNOLOGIES    80

5.7.1.1   Blockchain           80

5.7.1.2   AI          80

5.7.1.3   Cloud computing 80

5.7.1.4   Big Data and analytics       81

5.7.1.5   AR/VR  81

5.7.2      ADJACENT TECHNOLOGIES      81

5.7.2.1   5G         81

5.7.2.2   IoT        81

5.7.2.3   Digital twins        82

5.8         PORTER’S FIVE FORCES ANALYSIS         82

FIGURE 23         PORTER’S FIVE FORCES ANALYSIS         82

TABLE 12           PORTER’S FIVE FORCES ANALYSIS         83

5.8.1      THREAT OF NEW ENTRANTS    83

5.8.2      THREAT OF SUBSTITUTES         83

5.8.3      BARGAINING POWER OF BUYERS           83

5.8.4      BARGAINING POWER OF SUPPLIERS     83

5.8.5      INTENSITY OF COMPETITIVE RIVALRY 84

5.9         PRICING MODEL ANALYSIS       84

5.9.1      INDICATIVE PRICING ANALYSIS, BY PLATFORM             84

TABLE 13           PRICING ANALYSIS        84

5.9.2      AVERAGE SELLING PRICE TREND OF KEY PLAYERS       85

TABLE 14           AVERAGE SELLING PRICE ANALYSIS OF WEB 3.0 PROVIDERS, BY TECHNOLOGY STACK          85

5.10       PATENT ANALYSIS        86

5.10.1    METHODOLOGY           86

5.10.2    DOCUMENT TYPE         86

TABLE 15           PATENTS FILED, 2013–2023        86

5.10.3    INNOVATION AND PATENT APPLICATIONS      86

FIGURE 24         TOTAL NUMBER OF PATENTS GRANTED, 2013–2023      86

5.10.3.1 Top applicants     87

FIGURE 25         TOP COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2013–2023         87

FIGURE 26         REGIONAL ANALYSIS OF PATENTS GRANTED, 2013–2023              87

TABLE 16           TOP 20 PATENT OWNERS, 2013–2023     87

TABLE 17           LIST OF PATENTS IN WEB 3.0 MARKET, 2021–2023           88

5.11       KEY CONFERENCES & EVENTS, 2023–2024           90

TABLE 18           DETAILED LIST OF CONFERENCES & EVENTS, 2023–2024              90

5.12       TARIFF AND REGULATORY LANDSCAPE            91

5.12.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          91

TABLE 19           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         91

TABLE 20           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92

TABLE 21           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         94

TABLE 22           REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         94

5.12.2    NORTH AMERICA          95

5.12.2.1 US         95

5.12.2.1.1            California Consumer Privacy Act (CCPA)     95

5.12.2.1.2            Health Insurance Portability and Accountability Act (HIPAA)  95

5.12.2.2 Canada  95

5.12.2.2.1            Public Safety Canada Regulation     95

5.12.3    EUROPE             95

5.12.3.1 General Data Protection Regulation (GDPR) 95

5.12.4    ASIA PACIFIC    95

5.12.4.1 South Korea        95

5.12.4.1.1            Personal Information Protection Act (“PIPA”)            95

5.12.4.2 China     96

5.12.4.3 India      96

5.12.5    MIDDLE EAST & AFRICA             96

5.12.5.1 UAE      96

5.12.5.2 Israel     96

5.12.6    LATIN AMERICA             96

5.12.6.1 Brazil     96

5.12.6.2 Mexico  96

5.13       KEY STAKEHOLDERS AND BUYING CRITERIA    97

5.13.1    KEY STAKEHOLDERS IN BUYING PROCESS         97

FIGURE 27         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS             97

TABLE 23           INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE VERTICALS        97

5.13.2    BUYING CRITERIA         97

FIGURE 28         KEY BUYING CRITERIA FOR TOP THREE VERTICALS     97

TABLE 24           KEY BUYING CRITERIA FOR TOP THREE VERTICALS     98

5.14       TRENDS/DISRUPTIONS IMPACTING BUYERS/CLIENTS 98

FIGURE 29         WEB 3.0 MARKET: TRENDS/DISRUPTIONS IMPACTING BUYERS/CLIENTS          98

5.15       TECHNOLOGY ROADMAP OF WEB 3.0 MARKET 98

TABLE 25           TECHNOLOGY ROADMAP OF WEB 3.0 MARKET 99

5.16       BUSINESS MODELS OF WEB 3.0 MARKET            102

5.17       INVESTMENT SCENARIO ANALYSIS       103

TABLE 26           INVESTMENTS BY TECH FIRMS IN WEB 3.0 MARKET      103

5.18       PERMISSIONLESS VS. PERMISSIONED BLOCKCHAINS    103

TABLE 27           COMPARISON OF PERMISSIONED & PERMISSIONLESS BLOCKCHAINS 103

6            WEB 3.0 MARKET, BY TECHNOLOGY STACK      105

6.1         INTRODUCTION            106

6.1.1      TECHNOLOGY STACK: WEB 3.0 MARKET DRIVERS         106

FIGURE 30         LAYER 4 – APPLICATIONS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD        106

TABLE 28           WEB 3.0 MARKET, BY TECHNOLOGY STACK, 2018–2022 (USD THOUSAND)     107

TABLE 29           WEB 3.0 MARKET, BY TECHNOLOGY STACK, 2023–2030 (THOUSAND)   107

6.2         LAYER 0 – INFRASTRUCTURE    107

6.2.1      SECURE AND TAMPER-RESISTANT DATA TRANSFER CAPABILITIES TO BOOST MARKET GROWTH        107

TABLE 30           LAYER 0 – INFRASTRUCTURE: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)     108

TABLE 31           LAYER 0 – INFRASTRUCTURE: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)     108

6.3         LAYER 1 – PROTOCOLS 108

6.3.1      RISING DEMAND TO INTEGRATE IT SOLUTIONS WITHIN ENTERPRISE ECOSYSTEMS TO DRIVE MARKET          108

TABLE 32           LAYER 1 – PROTOCOLS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND) 109

TABLE 33           LAYER 1 – PROTOCOLS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND) 109

6.4         LAYER 2 – UTILITIES      109

6.4.1      ABILITY TO ENHANCE SCALABILITY BY OFFLOADING TRANSACTIONS AND DATA TO SUPPORT GROWTH       109

TABLE 34           LAYER 2 – UTILITIES: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)        110

TABLE 35           LAYER 2 – UTILITIES: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)        110

6.5         LAYER 3 – SERVICES       110

6.5.1      NEED FOR ADVANCED CAPABILITIES TO FULFILL END-USER NEEDS TO DRIVE MARKET GROWTH   110

TABLE 36           LAYER 3 – SERVICES: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)        111

TABLE 37           LAYER 3 – SERVICES: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)        111

6.6         LAYER 4 – APPLICATIONS           111

6.6.1      DEMAND FOR USER EMPOWERMENT AND IMPROVED SECURITY TO DRIVE MARKET 111

TABLE 38           LAYER 4 – APPLICATIONS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND) 112

TABLE 39           LAYER 4 – APPLICATIONS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND) 112

7            WEB 3.0 MARKET, BY INFRASTRUCTURE LAYER 113

7.1         INTRODUCTION            114

7.1.1      INFRASTRUCTURE LAYER: WEB 3.0 MARKET DRIVERS   114

FIGURE 31         VIRTUALIZATION SEGMENT TO GROW AT HIGHEST CAGR              114

TABLE 40           WEB 3.0 MARKET, BY INFRASTRUCTURE LAYER, 2018–2022 (USD THOUSAND)        114

TABLE 41           WEB 3.0 MARKET, BY INFRASTRUCTURE LAYER, 2023–2030 (USD THOUSAND)        115

7.2         NETWORKING  115

7.2.1      DEMAND FOR INCREASED DECENTRALIZATION, SECURITY, AND TRUST TO SUPPORT GROWTH 115

TABLE 42           NETWORKING: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)     115

TABLE 43           NETWORKING: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)     116

7.2.2      PEER-TO-PEER NETWORKING  116

7.2.3      BLOCK DELIVERY NETWORKING           116

7.2.4      NETWORK NODES         117

7.2.5      NETWORK PERFORMANCE OPTIMIZATION       117

7.2.6      OTHER NETWORKING INFRASTRUCTURE         117

7.3         VIRTUALIZATION          118

7.3.1      VIRTUALIZATION EMPOWERING DECENTRALIZED COMPUTING IN WEB 3.0 INFRASTRUCTURE        118

TABLE 44           VIRTUALIZATION: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)        118

TABLE 45           VIRTUALIZATION: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)        118

7.3.2      CONTAINERIZATION    119

7.3.3      VIRTUAL MACHINES     119

7.3.4      BLOCKCHAIN NODE VIRTUALIZATION 119

7.3.5      REAL-TIME DATA FLOW MONITORING 119

7.3.6      OTHER VIRTUALIZATION INFRASTRUCTURE   120

7.4         COMPUTING    120

7.4.1      RISING ADOPTION OF DECENTRALIZATION THROUGH BLOCKCHAIN SYSTEMS TO SUPPORT RELIANCE ON COMPUTING      120

TABLE 46           COMPUTING: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)     120

TABLE 47           COMPUTING: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)     120

7.4.2      BLOCKCHAIN COMPUTING      121

7.4.3      DISTRIBUTED COMPUTING      121

7.4.4      PEER-TO-PEER COMPUTING    121

7.4.5      FEDERATED COMPUTING         121

7.4.6      FEDERATED LEARNING             122

7.4.7      EDGE COMPUTING       122

7.4.8      OTHER COMPUTING INFRASTRUCTURE            122

7.5         DATA STORAGE & PROCESSING             122

7.5.1      TRANSFORMATIVE ADVANCES IN DATA STORAGE AND PROCESSING FOR WEB 3.0 INFRASTRUCTURE TO PROPEL MARKET   122

TABLE 48           DATA STORAGE & PROCESSING: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)     123

TABLE 49           DATA STORAGE & PROCESSING: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)     123

7.5.2      DISTRIBUTED STORAGE SOLUTIONS   123

7.5.3      REAL-TIME DATA PROCESSING 123

7.5.4      DATA GOVERNANCE & COMPLIANCE   124

7.5.5      ON-CHAIN DATA STORAGE       124

7.5.6      OTHER DATA STORAGE & PROCESSING INFRASTRUCTURE       124

7.6         OTHER INFRASTRUCTURE LAYERS        124

TABLE 50           OTHER INFRASTRUCTURE LAYERS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)  125

TABLE 51           OTHER INFRASTRUCTURE LAYERS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)  125

8            WEB 3.0 MARKET, BY PROTOCOL LAYER            126

8.1         INTRODUCTION            127

8.1.1      PROTOCOL LAYER: WEB 3.0 MARKET DRIVERS 127

FIGURE 32         BLOCKCHAIN PROTOCOLS SEGMENT TO REGISTER HIGHEST GROWTH          127

TABLE 52           WEB 3.0 MARKET, BY PROTOCOL LAYER, 2018–2022 (USD THOUSAND)     128

TABLE 53           WEB 3.0 MARKET, BY PROTOCOL LAYER, 2023–2030 (USD THOUSAND)     128

8.2         CONSENSUS ALGORITHMS        128

8.2.1      CRUCIAL CONSENSUS ALGORITHMS POWERING WEB 3.0 MARKETS AND DECENTRALIZATION        128

TABLE 54           CONSENSUS ALGORITHMS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)     129

TABLE 55           CONSENSUS ALGORITHMS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)     129

8.2.2      PROOF OF WORK           129

8.2.3      PROOF OF STAKE          129

8.2.4      PROOF OF HISTORY      130

8.2.5      PROOF OF SPACE & TIME           130

8.2.6      OTHER CONSENSUS ALGORITHMS        130

8.3         BLOCKCHAIN PROTOCOLS       130

8.3.1      FOCUS ON DECENTRALIZATION, INTEROPERABILITY, AND SUSTAINABILITY TO SUPPORT USAGE 130

TABLE 56           BLOCKCHAIN PROTOCOLS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)     131

TABLE 57           BLOCKCHAIN PROTOCOLS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)     131

8.3.2      ETHEREUM       131

8.3.3      POLKADOT      131

8.3.4      CARDANO         132

8.3.5      OCEAN PROTOCOL       132

8.3.6      OTHER BLOCKCHAIN PROTOCOLS       132

8.4         PRIVACY & SECURITY PROTOCOLS       132

8.4.1      FORTIFICATION OF PRIVACY & SECURITY PROTOCOLS TO DRIVE MARKET            132

TABLE 58           PRIVACY & SECURITY PROTOCOLS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)  133

TABLE 59           PRIVACY & SECURITY PROTOCOLS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)  133

8.4.2      ZERO-KNOWLEDGE PROOFS    133

8.4.3      HOMOMORPHIC ENCRYPTION 133

8.4.4      CONFIDENTIAL TRANSACTIONS            134

8.4.5      SECURE MULTI-PARTY COMPUTATION             134

8.4.6      DATA ANONYMIZATION TECHNIQUES 134

8.4.7      OTHER PRIVACY & SECURITY PROTOCOLS       134

8.5         MESSAGING & COMMUNICATION PROTOCOLS 134

8.5.1      NEED FOR PROTOCOLS TO ENABLE DECENTRALIZED AND SECURE DIGITAL INTERACTIONS TO DRIVE MARKET    134

TABLE 60           MESSAGING & COMMUNICATION PROTOCOLS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)       135

TABLE 61           MESSAGING & COMMUNICATION PROTOCOLS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)       135

8.5.2      MATRIX             135

8.5.3      WHISPER           136

8.5.4      RAIDEN NETWORK        136

8.5.5      OTHER MESSAGING & COMMUNICATION PROTOCOLS 136

8.6         OTHER PROTOCOL LAYERS      136

TABLE 62           OTHER PROTOCOL LAYERS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)     137

TABLE 63           OTHER PROTOCOL LAYERS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)     137

9            WEB 3.0 MARKET, BY UTILITY LAYER    138

9.1         INTRODUCTION            139

9.1.1      UTILITY LAYER: WEB 3.0 MARKET DRIVERS       139

FIGURE 33         CRYPTOCURRENCY TO REGISTER HIGHEST CAGR        139

TABLE 64           WEB 3.0 MARKET, BY UTILITY LAYER, 2018–2022 (USD THOUSAND)     140

TABLE 65           WEB 3.0 MARKET, BY UTILITY LAYER, 2023–2030 (USD THOUSAND)     140

9.2         CONTENT DELIVERY NETWORKS          140

9.2.1      NEED TO ENSURE EFFICIENT, SECURE, AND DECENTRALIZED CONTENT DELIVERY NETWORKS TO PROPEL USAGE   140

TABLE 66           CONTENT DELIVERY NETWORKS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)  141

TABLE 67           CONTENT DELIVERY NETWORKS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)  141

9.2.2      CONTENT DISTRIBUTION OPTIMIZATION        141

9.2.3      CACHING & LOAD BALANCING 141

9.2.4      DDOS MITIGATION       142

9.2.5      OTHER CONTENT DELIVERY NETWORK LAYERS            142

9.3         CRYPTOCURRENCY      142

9.3.1      SIGNIFICANCE IN WEB 3.0 TO ENSURE SECURE TRANSACTIONS & DECENTRALIZED GOVERNANCE           142

TABLE 68           CRYPTOCURRENCY: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)        142

TABLE 69           CRYPTOCURRENCY: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)        143

9.3.2      PRIVACY COINS              143

9.3.3      CENTRAL BANK DIGITAL CURRENCIES 143

9.3.4      UTILITIES TOKENS        143

9.3.5      INTEROPERABILITY TOKENS    143

9.3.6      GOVERNANCE TOKENS 144

9.3.7      OTHER CRYPTOCURRENCY LAYERS      144

9.4         DECENTRALIZED EXCHANGES 144

9.4.1      DECENTRALIZED EXCHANGES TO EMPOWER TRUSTLESS PEER-TO-PEER TRADING IN WEB 3.0         144

TABLE 70           DECENTRALIZED EXCHANGES: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)     144

TABLE 71           DECENTRALIZED EXCHANGES: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)     145

9.4.2      UNISWAP           145

9.4.3      SUSHISWAP      145

9.4.4      BALANCER        145

9.4.5      1INCH  145

9.4.6      CURVE FINANCE            146

9.4.7      OTHER DEX LAYERS     146

9.5         OTHER UTILITY LAYERS            146

TABLE 72           OTHER UTILITY LAYERS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND) 146

TABLE 73           OTHER UTILITY LAYERS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND) 146

10          WEB 3.0 MARKET, BY SERVICE LAYER    147

10.1       INTRODUCTION            148

10.1.1    SERVICE LAYER: WEB 3.0 MARKET DRIVERS       148

FIGURE 34         NON-FUNGIBLE TOKENS TO HOLD LARGEST SHARE TILL 2030              148

TABLE 74           WEB 3.0 MARKET, BY SERVICE LAYER, 2018–2022 (USD THOUSAND)     149

TABLE 75           WEB 3.0 MARKET, BY SERVICE LAYER, 2023–2030 (USD THOUSAND)     149

10.2       NON-FUNGIBLE TOKENS           149

10.2.1    NFTS TO FIND WIDE ADOPTION AMONG ARTISTS, CREATORS, ETC. FOR MONETIZATION    149

TABLE 76           NON-FUNGIBLE TOKENS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND) 150

TABLE 77           NON-FUNGIBLE TOKENS: WEB 3.0 INTELLIGENCE MARKET, BY REGION, 2023–2030 (USD THOUSAND)  150

10.2.2    NFT STANDARDS           150

10.2.3    NFT INSURANCE            151

10.2.4    DYNAMIC NFTS              151

10.2.5    METAVERSE DEVELOPMENT    151

10.2.6    OTHER NFT SERVICES  151

10.3       BROWSERS & WALLETS 151

10.3.1    BETTER ASSET MANAGEMENT CAPABILITIES TO DRIVE ADOPTION              151

TABLE 78           BROWSERS & WALLETS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND) 152

TABLE 79           BROWSERS & WALLETS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND) 152

10.3.2    BROWSERS        152

10.3.3    CRYPTO WALLETS        152

10.3.4    IDENTITY WALLETS     153

10.4       IDENTITY & ACCESS MANAGEMENT SERVICES 153

10.4.1    RISING IMPORTANCE OF IDENTITY AND ACCESS MANAGEMENT TO DRIVE MARKET 153

TABLE 80           IDENTITY & ACCESS MANAGEMENT SERVICES: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)       153

TABLE 81           IDENTITY & ACCESS MANAGEMENT SERVICES: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)       153

10.4.2    DECENTRALIZED IDENTITY SERVICES 154

10.4.3    IDENTITY VERIFICATION SERVICES      154

10.4.4    BIOMETRIC AUTHENTICATION SERVICES         154

10.4.5    TWO-FACTOR AUTHENTICATION SERVICES     154

10.4.6    OTHER IDENTITY & ACCESS MANAGEMENT SERVICES 154

10.5       DECENTRALIZED MESSAGING & COMMUNICATION SERVICES  155

10.5.1    DEMAND FOR BETTER, SAFER COMMUNICATION SERVICES TO BOOST MARKET            155

TABLE 82           DECENTRALIZED MESSAGING & COMMUNICATION SERVICES: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)      155

TABLE 83           DECENTRALIZED MESSAGING & COMMUNICATION SERVICES: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)      155

10.5.2    SECURE EMAIL SERVICES           156

10.5.3    VOICE & VIDEO COMMUNICATION PLATFORM SERVICES          156

10.5.4    INTEROPERABLE MESSAGING  156

10.5.5    CONVERSATIONAL AI   156

10.5.6    CONTENT RECOMMENDATION CHATBOTS      156

10.5.7    OTHER DECENTRALIZED MESSAGING & COMMUNICATION SERVICES              156

10.6       DISTRIBUTED EDGE CLOUD SERVICES 157

10.6.1    MINIMIZED LATENCY AND ENHANCED EXPERIENCE TO DRIVE DEMAND           157

TABLE 84           DISTRIBUTED EDGE CLOUD SERVICES: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)  157

TABLE 85           DISTRIBUTED EDGE CLOUD SERVICES: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)  157

10.6.2    DECENTRALIZED MARKETPLACES        158

10.6.3    DECENTRALIZED SOCIAL MEDIA PLATFORM   158

10.6.4    DECENTRALIZED GAMING        158

10.6.5    OTHER DISTRIBUTED EDGE CLOUD SERVICES 158

10.7       OTHER SERVICE LAYERS            158

TABLE 86           OTHER SERVICE LAYERS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND) 159

TABLE 87           OTHER SERVICE LAYERS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND) 159

11          WEB 3.0 MARKET, BY APPLICATION LAYER        160

11.1       INTRODUCTION            161

11.1.1    APPLICATION LAYER: WEB 3.0 MARKET DRIVERS           161

FIGURE 35         DECENTRALIZED APPLICATIONS TO DOMINATE MARKET TILL 2030           161

TABLE 88           WEB 3.0 MARKET, BY APPLICATION LAYER, 2018–2022 (USD THOUSAND)     162

TABLE 89           WEB 3.0 MARKET, BY APPLICATION LAYER, 2023–2030 (USD THOUSAND)     162

11.2       DECENTRALIZED APPLICATIONS          162

11.2.1    DEMAND FOR CONTROL & SECURITY TO BOOST ADOPTION   162

TABLE 90           DECENTRALIZED APPLICATIONS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)  163

TABLE 91           DECENTRALIZED APPLICATIONS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)  163

11.2.2    GOVERNANCE  163

11.2.3    GAMING            163

11.2.4    AI-ENABLED PERSONALIZED RECOMMENDATIONS      164

11.2.5    IDENTITY & AUTHENTICATION DAPPS 164

11.2.6    OTHER DECENTRALIZED APPLICATIONS          164

11.3       DECENTRALIZED FINANCE       164

11.3.1    DEFI TO TRANSFORM FINANCE IN WEB 3.0 THROUGH DECENTRALIZATION AND ACCESSIBILITY        164

TABLE 92           DECENTRALIZED FINANCE: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)     165

TABLE 93           DECENTRALIZED FINANCE: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)     165

11.3.2    AUTOMATED PORTFOLIO MANAGEMENT        165

11.3.3    ASSET TOKENIZATION 165

11.3.4    CROSS-CHAIN DEFI       166

11.3.5    OTHER DEFI APPLICATIONS     166

11.4       DECENTRALIZED SOCIAL MEDIA           166

11.4.1    DECENTRALIZED SOCIAL MEDIA TO EMPOWER USER CONTROL, PRIVACY, AND OWNERSHIP      166

TABLE 94           DECENTRALIZED SOCIAL MEDIA: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)  166

TABLE 95           DECENTRALIZED SOCIAL MEDIA: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)  167

11.4.2    END-TO-END ENCRYPTION      167

11.4.3    CONTENT MONETIZATION       167

11.4.4    DECENTRALIZED IDENTITY     167

11.4.5    OTHER DECENTRALIZED SOCIAL MEDIA APPLICATIONS           168

11.5       DECENTRALIZED AUTONOMOUS ORGANIZATIONS      168

11.5.1    SUPPORT FOR DECENTRALIZED DECISION-MAKING AND RESOURCE ALLOCATION TO BOOST ADOPTION    168

TABLE 96           DECENTRALIZED AUTONOMOUS ORGANIZATIONS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)       168

TABLE 97           DECENTRALIZED AUTONOMOUS ORGANIZATIONS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)       169

11.5.2    LIQUID DEMOCRACY   169

11.5.3    GOVERNMENT DAOS   169

11.5.4    CROSS-DAO STANDARDS          169

11.5.5    OTHER DAO APPLICATIONS     170

11.6       SMART CONTRACTS     170

11.6.1    SMART CONTRACTS TO ALLOW FOR DECENTRALIZED GOVERNANCE AND DECISION-MAKING            170

TABLE 98           SMART CONTRACTS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)        170

TABLE 99           SMART CONTRACTS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)        171

11.6.2    DEFI SMART CONTRACTS          171

11.6.3    CROSS-CHAIN SMART CONTRACTS       171

11.6.4    DAO GOVERNANCE CONTRACTS          171

11.6.5    OTHER SMART CONTRACTS     172

11.7       OTHER APPLICATION LAYERS  172

TABLE 100         OTHER APPLICATION LAYERS: WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)     172

TABLE 101         OTHER APPLICATION LAYERS: WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)     172

12          WEB 3.0 MARKET, BY VERTICAL 173

12.1       INTRODUCTION            174

12.1.1    VERTICAL: WEB 3.0 MARKET DRIVERS  174

FIGURE 36         HEALTHCARE & LIFE SCIENCES VERTICAL TO REGISTER HIGHEST CAGR 174

TABLE 102         WEB 3.0 MARKET, BY VERTICAL, 2018–2022 (USD THOUSAND)              175

TABLE 103         WEB 3.0, BY VERTICAL, 2023–2030 (USD THOUSAND)     175

12.2       BFSI      176

12.2.1    RISING DEMAND FOR DECENTRALIZED BANKING PLATFORMS TO DRIVE MARKET 176

TABLE 104         WEB 3.0 MARKET FOR BFSI, BY REGION, 2018–2022 (USD THOUSAND)     176

TABLE 105         WEB 3.0 MARKET FOR BFSI, BY REGION, 2023–2030 (USD THOUSAND)     176

12.2.2    BFSI: USE CASES             177

12.3       MEDIA & ENTERTAINMENT      178

12.3.1    TRACTION ACROSS DIGITAL ADVERTISING VERTICALS USING BLOCKCHAIN-BASED SMART CONTRACTS        178

TABLE 106         WEB 3.0 MARKET FOR MEDIA & ENTERTAINMENT, BY REGION, 2018–2022 (USD THOUSAND)     178

TABLE 107         WEB 3.0 MARKET FOR MEDIA & ENTERTAINMENT, BY REGION, 2023–2030 (USD THOUSAND)     178

12.3.2    MEDIA & ENTERTAINMENT: USE CASES             179

12.4       RETAIL & ECOMMERCE 180

12.4.1    SUPPORT FOR TRANSACTIONAL IMPROVEMENTS AND PERSONALIZED SHOPPING TO DRIVE MARKET 180

TABLE 108         WEB 3.0 MARKET FOR RETAIL & ECOMMERCE, BY REGION, 2018–2022 (USD THOUSAND)     180

TABLE 109         WEB 3.0 MARKET FOR RETAIL & ECOMMERCE, BY REGION, 2023–2030 (USD THOUSAND)     180

12.4.2    RETAIL & ECOMMERCE: USE CASES       181

12.5       HEALTHCARE & LIFE SCIENCES 181

12.5.1    NEED TO SECURE CRITICAL PATIENT DATA ACROSS NODES TO BOOST SEGMENT GROWTH      181

TABLE 110         WEB 3.0 MARKET FOR HEALTHCARE & LIFE SCIENCES, BY REGION, 2018–2022 (USD THOUSAND)  182

TABLE 111         WEB 3.0 MARKET FOR HEALTHCARE & LIFE SCIENCES, BY REGION, 2023–2030 (USD THOUSAND)  182

12.5.2    HEALTHCARE & LIFE SCIENCES: USE CASES       182

12.6       IT          183

12.6.1    NEED TO SECURE CRITICAL PATIENT DATA ACROSS NODES TO BOOST SEGMENT GROWTH      183

TABLE 112         WEB 3.0 FOR IT, BY REGION, 2018–2022 (USD THOUSAND)              183

TABLE 113         WEB 3.0 FOR IT, BY REGION, 2023–2030 (USD THOUSAND)              183

12.6.2    IT: USE CASES   184

12.7       TELECOMMUNICATIONS          184

12.7.1    NEED TO SECURE CRITICAL PATIENT DATA ACROSS NODES TO BOOST SEGMENT GROWTH      184

TABLE 114         WEB 3.0 MARKET FOR TELECOMMUNICATIONS, BY REGION, 2018–2022 (USD THOUSAND)     184

TABLE 115         WEB 3.0 MARKET FOR TELECOMMUNICATIONS, BY REGION, 2023–2030 (USD THOUSAND)     185

12.7.2    TELECOMMUNICATIONS: USE CASES   185

12.8       LOGISTICS        186

12.8.1    INCREASED EFFICIENCY ACROSS MOVEMENT OF RAW MATERIAL AND INVENTORY MANAGEMENT USING MOBILITY SOLUTIONS       186

TABLE 116         WEB 3.0 MARKET FOR LOGISTICS, BY REGION,2018–2022 (USD THOUSAND)     186

TABLE 117         WEB 3.0 MARKET FOR LOGISTICS, BY REGION, 2023–2030 (USD THOUSAND)     186

12.8.2    LOGISTICS: USE CASES 187

12.9       ENERGY & UTILITIES    187

12.9.1    POWER GRID SUPPLY AND CRITICAL INFRASTRUCTURE MANAGEMENT TO GAIN TRACTION USING BLOCKCHAIN TECHNOLOGY              187

TABLE 118         WEB 3.0 MARKET FOR ENERGY & UTILITIES, BY REGION, 2018–2022 (USD THOUSAND) 187

TABLE 119         WEB 3.0 MARKET FOR ENERGY & UTILITIES, BY REGION, 2023–2030 (USD THOUSAND) 188

12.9.2    ENERGY & UTILITIES: USE CASES           188

12.10     GOVERNMENT 189

12.10.1  GROWING CONCERNS ABOUT IDENTITY THEFT AND BUSINESS FRAUD TO DRIVE MARKET        189

TABLE 120         WEB 3.0 MARKET FOR GOVERNMENT, BY REGION, 2018–2022 (USD THOUSAND)        189

TABLE 121         WEB 3.0 MARKET FOR GOVERNMENT, BY REGION, 2023–2030 (USD THOUSAND)        189

12.10.2  GOVERNMENT: USE CASES        190

12.11     OTHER VERTICALS       190

TABLE 122         WEB 3.0 MARKET FOR OTHER VERTICALS, BY REGION, 2018–2022 (USD THOUSAND) 191

TABLE 123         WEB 3.0 MARKET FOR OTHER VERTICALS, BY REGION,2023–2030 (USD THOUSAND) 191

13          WEB 3.0 MARKET, BY REGION   192

13.1       INTRODUCTION            193

FIGURE 37         INDIA TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD              193

FIGURE 38         NORTH AMERICA AND EUROPE TO HOLD LARGEST MARKET SHARES 193

TABLE 124         WEB 3.0 MARKET, BY REGION, 2018–2022 (USD THOUSAND)              194

TABLE 125         WEB 3.0 MARKET, BY REGION, 2023–2030 (USD THOUSAND)              194

13.2       NORTH AMERICA          194

13.2.1    NORTH AMERICA: WEB 3.0 MARKET DRIVERS   195

13.2.2    NORTH AMERICA: RECESSION IMPACT 195

FIGURE 39         NORTH AMERICA: MARKET SNAPSHOT 196

TABLE 126         NORTH AMERICA: WEB 3.0 MARKET, BY COUNTRY, 2018–2022 (USD THOUSAND)        196

TABLE 127         NORTH AMERICA: WEB 3.0 MARKET, BY COUNTRY, 2023–2030 (USD THOUSAND)        196

TABLE 128         NORTH AMERICA: WEB 3.0 MARKET, BY TECHNOLOGY STACK, 2018–2022 (USD THOUSAND)     197

TABLE 129         NORTH AMERICA: WEB 3.0 MARKET, BY TECHNOLOGY STACK, 2023–2030 (USD THOUSAND)     197

TABLE 130         NORTH AMERICA: WEB 3.0 MARKET, BY INFRASTRUCTURE LAYER, 2018–2022 (USD THOUSAND)     197

TABLE 131         NORTH AMERICA: WEB 3.0 MARKET, BY INFRASTRUCTURE LAYER, 2023–2030 (USD THOUSAND)     198

TABLE 132         NORTH AMERICA: WEB 3.0 MARKET, BY PROTOCOL LAYER, 2018–2022 (USD THOUSAND)     198

TABLE 133         NORTH AMERICA: WEB 3.0 MARKET, BY PROTOCOL LAYER, 2023–2030 (USD THOUSAND)     198

TABLE 134         NORTH AMERICA: WEB 3.0 MARKET, BY UTILITY LAYER, 2018–2022 (USD THOUSAND) 199

TABLE 135         NORTH AMERICA: WEB 3.0 MARKET, BY UTILITY LAYER, 2023–2030 (USD THOUSAND) 199

TABLE 136         NORTH AMERICA: WEB 3.0 MARKET, BY SERVICE LAYER, 2018–2022 (USD THOUSAND) 199

TABLE 137         NORTH AMERICA: WEB 3.0 MARKET, BY SERVICE LAYER, 2023–2030 (USD THOUSAND) 200

TABLE 138         NORTH AMERICA: WEB 3.0 MARKET, BY APPLICATION LAYER, 2018–2022 (USD THOUSAND)     200

TABLE 139         NORTH AMERICA: WEB 3.0 MARKET, BY APPLICATION LAYER, 2023–2030 (USD THOUSAND)     201

TABLE 140         NORTH AMERICA: WEB 3.0 MARKET, BY VERTICAL, 2018–2022 (USD THOUSAND)        201

TABLE 141         NORTH AMERICA: WEB 3.0 MARKET, BY VERTICAL, 2023–2030 (USD THOUSAND)        202

13.2.3    US         202

13.2.3.1 Need to comply with regulatory requirements to fuel demand for Web 3.0              202

13.2.4    CANADA            203

13.2.4.1 Entrepreneurial leadership and innovation in tech ecosystem to support growth              203

13.3       EUROPE             203

13.3.1    EUROPE: WEB 3.0 MARKET DRIVERS      204

13.3.2    EUROPE: RECESSION IMPACT   204

TABLE 142         EUROPE: WEB 3.0 MARKET, BY COUNTRY, 2018–2022 (USD THOUSAND)     205

TABLE 143         EUROPE: WEB 3.0 MARKET, BY COUNTRY, 2023–2030 (USD THOUSAND)     205

TABLE 144         EUROPE: WEB 3.0 MARKET, BY TECHNOLOGY STACK, 2018–2022 (USD THOUSAND) 206

TABLE 145         EUROPE: WEB 3.0 MARKET, BY TECHNOLOGY STACK, 2023–2030 (USD THOUSAND) 206

TABLE 146         EUROPE: WEB 3.0 MARKET, BY INFRASTRUCTURE LAYER, 2018–2022 (USD THOUSAND) 206

TABLE 147         EUROPE: WEB 3.0 MARKET, BY INFRASTRUCTURE LAYER, 2023–2030 (USD THOUSAND) 207

TABLE 148         EUROPE: WEB 3.0 MARKET, BY PROTOCOL LAYER, 2018–2022 (USD THOUSAND)        207

TABLE 149         EUROPE: WEB 3.0 MARKET, BY PROTOCOL LAYER, 2023–2030 (USD THOUSAND)        207

TABLE 150         EUROPE: WEB 3.0 MARKET, BY UTILITY LAYER, 2018–2022 (USD THOUSAND)     208

TABLE 151         EUROPE: WEB 3.0 MARKET, BY UTILITY LAYER, 2023–2030 (USD THOUSAND)     208

TABLE 152         EUROPE: WEB 3.0 MARKET, BY SERVICE LAYER, 2018–2022 (USD THOUSAND)     208

TABLE 153         EUROPE: WEB 3.0 MARKET, BY SERVICE LAYER, 2023–2030 (USD THOUSAND)     209

TABLE 154         EUROPE: WEB 3.0 MARKET, BY APPLICATION LAYER, 2018–2022 (USD THOUSAND)        209

TABLE 155         EUROPE: WEB 3.0 MARKET, BY APPLICATION LAYER, 2023–2030 (USD THOUSAND)        209

TABLE 156         EUROPE: WEB 3.0 MARKET, BY VERTICAL, 2018–2022 (USD THOUSAND)     210

TABLE 157         EUROPE: WEB 3.0 MARKET, BY VERTICAL, 2023–2030 (USD THOUSAND)     210

13.3.3    UK         211

13.3.3.1 Strategic initiatives for Web 3.0 and DeFi taxation reform to support growth              211

13.3.4    GERMANY         211

13.3.4.1 Germany’s emphasis on Web 3.0 and blockchain innovation to drive market              211

13.3.5    FRANCE             212

13.3.5.1 France to emerge as prominent hub for NFT innovation and digital ownership              212

13.3.6    ITALY   212

13.3.6.1 Government support and initiatives to promote blockchain and digital technologies        212

13.3.7    SPAIN   213

13.3.7.1 Government backing and investment in Web 3.0 and metaverse tech innovation technologies to drive market            213

13.3.8    NORDIC             213

13.3.8.1 Robust inflow of venture capital funding into Nordic Web 3.0 startups     213

13.3.9    REST OF EUROPE           214

13.4       ASIA PACIFIC    214

13.4.1    ASIA PACIFIC: WEB 3.0 MARKET DRIVERS           215

13.4.2    ASIA PACIFIC: RECESSION IMPACT        215

FIGURE 40         ASIA PACIFIC: MARKET SNAPSHOT       216

TABLE 158         ASIA PACIFIC: WEB 3.0 MARKET, BY COUNTRY, 2018–2022 (USD THOUSAND)     217

TABLE 159         ASIA PACIFIC: WEB 3.0 MARKET, BY COUNTRY, 2023–2030 (USD THOUSAND)     217

TABLE 160         ASIA PACIFIC: WEB 3.0 MARKET, BY TECHNOLOGY STACK, 2018–2022 (USD THOUSAND)     217

TABLE 161         ASIA PACIFIC: WEB 3.0 MARKET, BY TECHNOLOGY STACK, 2023–2030 (USD THOUSAND)     218

TABLE 162         ASIA PACIFIC: WEB 3.0 MARKET, BY INFRASTRUCTURE LAYER, 2018–2022 (USD THOUSAND)     218

TABLE 163         ASIA PACIFIC: WEB 3.0 MARKET, BY INFRASTRUCTURE LAYER, 2023–2030 (USD THOUSAND)     218

TABLE 164         ASIA PACIFIC: WEB 3.0 MARKET, BY PROTOCOL LAYER, 2018–2022 (USD THOUSAND) 219

TABLE 165         ASIA PACIFIC: WEB 3.0 MARKET, BY PROTOCOL LAYER, 2023–2030 (USD THOUSAND) 219

TABLE 166         ASIA PACIFIC: WEB 3.0 MARKET, BY UTILITY LAYER, 2018–2022 (USD THOUSAND)        219

TABLE 167         ASIA PACIFIC: WEB 3.0 MARKET, BY UTILITY LAYER, 2023–2030 (USD THOUSAND)        220

TABLE 168         ASIA PACIFIC: WEB 3.0 MARKET, BY SERVICE LAYER, 2018–2022 (USD THOUSAND)        220

TABLE 169         ASIA PACIFIC: WEB 3.0 MARKET, BY SERVICE LAYER, 2023–2030 (USD THOUSAND)        220

TABLE 170         ASIA PACIFIC: WEB 3.0 MARKET, BY APPLICATION LAYER, 2018–2022 (USD THOUSAND) 221

TABLE 171         ASIA PACIFIC: WEB 3.0 MARKET, BY APPLICATION LAYER, 2023–2030 (USD THOUSAND) 221

TABLE 172         ASIA PACIFIC: WEB 3.0 MARKET, BY VERTICAL, 2018–2022 (USD THOUSAND)     222

TABLE 173         ASIA PACIFIC: WEB 3.0 MARKET, BY VERTICAL, 2023–2030 (USD THOUSAND)     222

13.4.3    CHINA  223

13.4.3.1 Strong emphasis on developing and implementing blockchain technology to drive market   223

13.4.4    JAPAN  223

13.4.4.1 Japan’s commitment to creating a favorable environment for Web 3.0 innovations              223

13.4.5    INDIA   224

13.4.5.1 Rapidly growing talent pool in Web 3.0 to drive market             224

13.4.6    ANZ      225

13.4.6.1 Increasing recognition of blockchain and Web 3.0 technologies to drive adoption              225

13.4.7    ASEAN  225

13.4.7.1 Strong government support for digitization and technology adoption to favor market growth     225

13.4.8    REST OF ASIA PACIFIC  226

13.5       MIDDLE EAST & AFRICA             226

13.5.1    MIDDLE EAST & AFRICA: WEB 3.0 MARKET DRIVERS      226

13.5.2    MIDDLE EAST & AFRICA: RECESSION IMPACT   227

TABLE 174         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY COUNTRY, 2018–2022 (USD THOUSAND) 227

TABLE 175         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY COUNTRY, 2023–2030 (USD THOUSAND) 228

TABLE 176         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY TECHNOLOGY STACK, 2018–2022 (USD THOUSAND)     228

TABLE 177         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY TECHNOLOGY STACK, 2023–2030 (USD THOUSAND)     228

TABLE 178         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY INFRASTRUCTURE LAYER, 2018–2022 (USD THOUSAND)             229

TABLE 179         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY INFRASTRUCTURE LAYER, 2023–2030 (USD THOUSAND)             229

TABLE 180         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY PROTOCOL LAYER, 2018–2022 (USD THOUSAND)     229

TABLE 181         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY PROTOCOL LAYER, 2023–2030 (USD THOUSAND)     230

TABLE 182         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY UTILITY LAYER, 2018–2022 (USD THOUSAND)     230

TABLE 183         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY UTILITY LAYER, 2023–2030 (USD THOUSAND)     230

TABLE 184         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY SERVICE LAYER, 2018–2022 (USD THOUSAND)     231

TABLE 185         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY SERVICE LAYER, 2023–2030 (USD THOUSAND)     231

TABLE 186         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY APPLICATION LAYER, 2018–2022 (USD THOUSAND)     231

TABLE 187         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY APPLICATION LAYER, 2023–2030 (USD THOUSAND)     232

TABLE 188         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY VERTICAL, 2018–2022 (USD THOUSAND) 232

TABLE 189         MIDDLE EAST & AFRICA: WEB 3.0 MARKET, BY VERTICAL, 2023–2030 (USD THOUSAND) 233

13.5.3    KSA       233

13.5.3.1 Investment in digital transformation through Vision 2030 to support market growth   233

13.5.4    UAE      234

13.5.4.1 Regulatory measures and substantial subsidies for Web 3.0 and AI enterprises to drive market        234

13.5.5    ISRAEL 234

13.5.5.1 Strong culture of innovation and entrepreneurial spirit to propel Web 3.0 development        234

13.5.6    TURKEY             235

13.5.6.1 Growing interest and investment in blockchain and Web 3.0 technologies to drive demand 235

13.5.7    SOUTH AFRICA 235

13.5.7.1 Rising attention from venture capitalists to favor market growth 235

13.5.8    REST OF MIDDLE EAST & AFRICA           236

13.6       LATIN AMERICA             236

13.6.1    LATIN AMERICA: WEB 3.0 MARKET DRIVERS      237

13.6.2    LATIN AMERICA: RECESSION IMPACT   237

TABLE 190         LATIN AMERICA: WEB 3.0 MARKET, BY COUNTRY, 2018–2022 (USD THOUSAND)        237

TABLE 191         LATIN AMERICA: WEB 3.0 MARKET, BY COUNTRY, 2023–2030 (USD THOUSAND)        238

TABLE 192         LATIN AMERICA: WEB 3.0 MARKET, BY TECHNOLOGY STACK, 2018–2022 (USD THOUSAND)     238

TABLE 193         LATIN AMERICA: WEB 3.0 MARKET, BY TECHNOLOGY STACK, 2023–2030 (USD THOUSAND)     238

TABLE 194         LATIN AMERICA: WEB 3.0 MARKET, BY INFRASTRUCTURE LAYER, 2018–2022 (USD THOUSAND)     239

TABLE 195         LATIN AMERICA: WEB 3.0 MARKET, BY INFRASTRUCTURE LAYER, 2023–2030 (USD THOUSAND)     239

TABLE 196         LATIN AMERICA: WEB 3.0 MARKET, BY PROTOCOL LAYER, 2018–2022 (USD THOUSAND)     239

TABLE 197         LATIN AMERICA: WEB 3.0 MARKET, BY PROTOCOL LAYER, 2023–2030 (USD THOUSAND)     240

TABLE 198         LATIN AMERICA: WEB 3.0 MARKET, BY UTILITY LAYER, 2018–2022 (USD THOUSAND) 240

TABLE 199         LATIN AMERICA: WEB 3.0 MARKET, BY UTILITY LAYER, 2023–2030 (USD THOUSAND) 240

TABLE 200         LATIN AMERICA: WEB 3.0 MARKET, BY SERVICE LAYER, 2018–2022 (USD THOUSAND) 241

TABLE 201         LATIN AMERICA: WEB 3.0 MARKET, BY SERVICE LAYER, 2023–2030 (USD THOUSAND) 241

TABLE 202         LATIN AMERICA: WEB 3.0 MARKET, BY APPLICATION LAYER, 2018–2022 (USD THOUSAND)     241

TABLE 203         LATIN AMERICA: WEB 3.0 MARKET, BY APPLICATION LAYER, 2023–2030 (USD THOUSAND)     242

TABLE 204         LATIN AMERICA: WEB 3.0 MARKET, BY VERTICAL, 2018–2022 (USD THOUSAND)        242

TABLE 205         LATIN AMERICA: WEB 3.0 MARKET, BY VERTICAL, 2023–2030 (USD THOUSAND)        243

13.6.3    BRAZIL 243

13.6.3.1 Proactive adoption of Web 3.0 technologies, including blockchain and digital currencies, to support growth           243

13.6.4    MEXICO             244

13.6.4.1 Growing demand for flexible and efficient digital payment solutions        244

13.6.5    ARGENTINA      244

13.6.5.1 Rise of blockchain startups and innovative projects to drive Web 3.0 adoption              244

13.6.6    REST OF LATIN AMERICA          245

14          COMPETITIVE LANDSCAPE       246

14.1       OVERVIEW        246

14.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          246

TABLE 206         OVERVIEW OF STRATEGIES ADOPTED BY KEY WEB 3.0 PLAYERS           246

14.3       REVENUE ANALYSIS      247

FIGURE 41         BUSINESS SEGMENT REVENUE ANALYSIS FOR KEY COMPANIES, 2020–2022 (USD MILLION) 248

14.4       MARKET SHARE ANALYSIS FOR KEY PUBLIC COMPANIES           248

FIGURE 42         MARKET SHARE ANALYSIS FOR KEY PUBLIC COMPANIES, 2022              248

14.5       BRAND/PRODUCT COMPARATIVE ANALYSIS    249

FIGURE 43         BRAND/PRODUCT COMPARATIVE ANALYSIS, BY PLATFORM              249

FIGURE 44         BRAND/PRODUCT COMPARATIVE ANALYSIS, BY PROJECT              250

14.6       COMPANY EVALUATION MATRIX          251

14.6.1    STARS  251

14.6.2    EMERGING LEADERS    251

14.6.3    PERVASIVE PLAYERS     251

14.6.4    PARTICIPANTS 251

FIGURE 45         COMPANY EVALUATION MATRIX, 2023 252

14.6.5    COMPANY FOOTPRINT 253

TABLE 207         COMPANY FOOTPRINT 253

14.7       STARTUP/SME EVALUATION MATRIX   254

14.7.1    PROGRESSIVE COMPANIES       254

14.7.2    RESPONSIVE COMPANIES          254

14.7.3    DYNAMIC COMPANIES 254

14.7.4    STARTING BLOCKS       254

FIGURE 46         STARTUP/SME EVALUATION MATRIX, 2023       255

14.7.5    STARTUP/SME COMPETITIVE BENCHMARKING             256

TABLE 208         WEB 3.0 MARKET: DETAILED LIST OF KEY SMES/STARTUPS              256

TABLE 209         WEB 3.0 MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES           257

14.8       COMPETITIVE SCENARIO AND TRENDS             258

14.8.1    PRODUCT LAUNCHES  258

TABLE 210         WEB 3.0 MARKET: PRODUCT LAUNCHES, 2020–2023       258

14.8.2    DEALS  259

TABLE 211         WEB 3.0 MARKET: DEALS, 2020–2023       259

14.8.3    OTHERS             260

TABLE 212         WEB 3.0 MARKET: OTHERS, 2020–2022   260

14.9       VALUATION AND FINANCIAL METRICS OF KEY WEB 3.0 VENDORS              261

FIGURE 47         VALUATION AND FINANCIAL METRICS OF KEY WEB 3.0 VENDORS          261

14.10     YTD PRICE TOTAL RETURN AND STOCK BETA OF KEY WEB 3.0 VENDORS          261

FIGURE 48         YTD PRICE TOTAL RETURN AND STOCK BETA OF KEY WEB 3.0 VENDORS          261

15          COMPANY PROFILES    262

(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*

15.1       INTRODUCTION            262

15.2       KEY PLAYERS   262

15.2.1    IBM       262

TABLE 213         IBM: BUSINESS OVERVIEW         262

FIGURE 49         IBM: COMPANY SNAPSHOT       263

TABLE 214         IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED        263

TABLE 215         IBM: PRODUCT LAUNCHES AND ENHANCEMENTS        264

TABLE 216         IBM: DEALS       264

15.2.2    AWS      266

TABLE 217         AWS: BUSINESS OVERVIEW        266

FIGURE 50         AWS: COMPANY SNAPSHOT      266

TABLE 218         AWS: PRODUCTS/SOLUTIONS/SERVICES OFFERED       267

TABLE 219         AWS: PRODUCT LAUNCHES AND ENHANCEMENTS       267

TABLE 220         AWS: DEALS      268

15.2.3    ORACLE             270

TABLE 221         ORACLE: BUSINESS OVERVIEW 270

FIGURE 51         ORACLE: COMPANY SNAPSHOT             271

TABLE 222         ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 271

TABLE 223         ORACLE: PRODUCT LAUNCHES AND ENHANCEMENTS 272

TABLE 224         ORACLE: DEALS             272

15.2.4    COINBASE         274

TABLE 225         COINBASE: BUSINESS OVERVIEW           274

FIGURE 52         COINBASE: COMPANY SNAPSHOT         275

TABLE 226         COINBASE: PRODUCTS/SOLUTIONS/SERVICES OFFERED              275

TABLE 227         COINBASE: PRODUCT LAUNCHES AND ENHANCEMENTS              276

TABLE 228         COINBASE: DEALS         277

15.2.5    FUJITSU             279

TABLE 229         FUJITSU: BUSINESS OVERVIEW 279

FIGURE 53         FUJITSU: COMPANY SNAPSHOT             280

TABLE 230         FUJITSU: PRODUCTS/SOLUTIONS/SERVICES OFFERED 280

TABLE 231         FUJITSU: PRODUCT LAUNCHES             281

TABLE 232         FUJITSU: DEALS             281

15.2.6    HUAWEI CLOUD            283

TABLE 233         HUAWEI CLOUD: BUSINESS OVERVIEW 283

TABLE 234         HUAWEI CLOUD: PRODUCTS/SOLUTIONS/SERVICES OFFERED          283

TABLE 235         HUAWEI CLOUD: PRODUCT LAUNCHES AND ENHANCEMENTS          284

TABLE 236         HUAWEI CLOUD: DEALS            284

15.2.7    NTT DOCOMO 286

TABLE 237         NTT DOCOMO: BUSINESS OVERVIEW   286

TABLE 238         NTT DOCOMO: DEALS 286

TABLE 239         NTT DOCOMO: OTHERS            287

15.2.8    CHAINALYSIS   288

TABLE 240         CHAINALYSIS: BUSINESS OVERVIEW     288

TABLE 241         CHAINALYSIS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              288

TABLE 242         CHAINALYSIS: PRODUCT LAUNCHES    289

TABLE 243         CHAINALYSIS: DEALS   289

15.2.9    RIPPLE LABS     291

TABLE 244         RIPPLE LABS: BUSINESS OVERVIEW       291

TABLE 245         RIPPLE LABS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              291

TABLE 246         RIPPLE LABS: DEALS     292

TABLE 247         RIPPLE LABS: OTHERS  292

15.2.10  CONSENSYS      293

TABLE 248         CONSENSYS: BUSINESS OVERVIEW        293

TABLE 249         CONSENSYS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              293

TABLE 250         CONSENSYS: PRODUCT LAUNCHES/ENHANCEMENTS  294

TABLE 251         CONSENSYS: DEALS      295

TABLE 252         CONSENSYS: OTHERS   296

15.2.11  GEMINI 297

TABLE 253         GEMINI: BUSINESS OVERVIEW  297

TABLE 254         GEMINI: PRODUCTS/SOLUTIONS/SERVICES OFFERED 297

TABLE 255         GEMINI: PRODUCT LAUNCHES/ENHANCEMENTS          297

15.2.12  BINANCE           298

TABLE 256         BINANCE: BUSINESS OVERVIEW             298

TABLE 257         BINANCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED              298

TABLE 258         BINANCE: PRODUCT LAUNCHES/ENHANCEMENTS       299

TABLE 259         BINANCE: DEALS           299

TABLE 260         BINANCE: OTHERS        299

15.2.13  OCEAN PROTOCOL FOUNDATION        301

15.2.14  HELIUM FOUNDATION 301

15.2.15  KUSAMA            302

15.3       OTHER KEY PLAYERS    303

15.3.1    CRYPTO.COM   303

15.3.2    BICONOMY       304

15.3.3    MAKERDAO      305

15.3.4    CHAINLINK       306

15.3.5    WEB3 FOUNDATION     307

15.4       STARTUPS/SMES           308

15.4.1    HIGHSTREET    308

15.4.2    PARFIN 309

15.4.3    AVA LABS          310

15.4.4    PINATA 310

15.4.5    COVALENT       311

15.4.6    POLYGON TECHNOLOGY          312

15.4.7    ALCHEMY INSIGHTS     313

15.4.8    DECENTRALAND           314

15.4.9    DAOSTACK       315

15.4.10  KADENA LLC    315

15.4.11  SAPIEN 316

15.4.12  STORJ   317

15.4.13  BRAVE  318

*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.

16          ADJACENT AND RELATED MARKETS     319

16.1       BLOCKCHAIN MARKET—GLOBAL FORECAST TO 2027   319

16.1.1    MARKET DEFINITION   319

16.1.2    MARKET OVERVIEW     319

TABLE 261         BLOCKCHAIN MARKET SIZE AND GROWTH, 2018–2021 (USD MILLION, Y-O-Y %)        319

TABLE 262         BLOCKCHAIN MARKET SIZE AND GROWTH, 2022–2027 (USD MILLION, Y-O-Y %)        320

16.1.3    BLOCKCHAIN MARKET, BY COMPONENT          320

TABLE 263         BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)          320

TABLE 264         BLOCKCHAIN MARKET, BY COMPONENT, 2022–2027 (USD MILLION)          320

TABLE 265         BLOCKCHAIN MARKET, BY SERVICE, 2018–2021 (USD MILLION)              320

TABLE 266         BLOCKCHAIN MARKET, BY SERVICE, 2022–2027 (USD MILLION)              321

16.1.4    BLOCKCHAIN MARKET, BY PROVIDER  321

TABLE 267         BLOCKCHAIN MARKET, BY PROVIDER, 2018–2021 (USD MILLION)          321

TABLE 268         BLOCKCHAIN MARKET, BY PROVIDER, 2022–2027 (USD MILLION)          321

16.1.5    BLOCKCHAIN MARKET, BY TYPE            322

TABLE 269         BLOCKCHAIN MARKET, BY TYPE, 2018–2021 (USD MILLION)              322

TABLE 270         BLOCKCHAIN MARKET, BY TYPE, 2022–2027 (USD MILLION)              322

16.1.6    BLOCKCHAIN MARKET, BY ORGANIZATION SIZE           322

TABLE 271         BLOCKCHAIN MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 322

TABLE 272         BLOCKCHAIN MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 323

16.1.7    BLOCKCHAIN MARKET, BY APPLICATION          323

TABLE 273         BLOCKCHAIN MARKET, BY APPLICATION, 2018–2021 (USD MILLION)          323

TABLE 274         BLOCKCHAIN MARKET, BY APPLICATION, 2022–2027 (USD MILLION)          324

16.1.8    BLOCKCHAIN MARKET, BY REGION       324

TABLE 275         BLOCKCHAIN MARKET, BY REGION, 2018–2021 (USD MILLION)              324

TABLE 276         BLOCKCHAIN MARKET, BY REGION, 2022–2027 (USD MILLION)              325

16.2       ARTIFICIAL INTELLIGENCE MARKET—GLOBAL FORECAST TO 2030              325

16.2.1    MARKET DEFINITION   325

16.2.2    MARKET OVERVIEW     325

TABLE 277        ARTIFICIAL INTELLIGENCE MARKET SIZE AND GROWTH RATE, 2017–2022 (USD MILLION, Y-O-Y GROWTH)        326

TABLE 278        ARTIFICIAL INTELLIGENCE MARKET SIZE AND GROWTH RATE, 2023–2030 (USD BILLION, Y-O-Y GROWTH)         326

16.2.3    ARTIFICIAL INTELLIGENCE MARKET, BY OFFERING      326

TABLE 279         ARTIFICIAL INTELLIGENCE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 326

TABLE 280         ARTIFICIAL INTELLIGENCE MARKET, BY OFFERING, 2023–2030 (USD MILLION) 327

TABLE 281         ARTIFICIAL INTELLIGENCE MARKET, BY HARDWARE, 2017–2022 (USD MILLION)     327

TABLE 282         ARTIFICIAL INTELLIGENCE MARKET, BY HARDWARE, 2023–2030 (USD MILLION)     327

TABLE 283         ARTIFICIAL INTELLIGENCE MARKET, BY PROCESSOR, 2017–2022 (USD MILLION)     327

TABLE 284         ARTIFICIAL INTELLIGENCE MARKET, BY PROCESSOR, 2023–2030 (USD MILLION)     328

TABLE 285         SOFTWARE: ARTIFICIAL INTELLIGENCE MARKET, BY TYPE, 2017–2022 (USD MILLION)          328

TABLE 286         SOFTWARE: ARTIFICIAL INTELLIGENCE MARKET, BY TYPE, 2023–2030 (USD MILLION)          328

TABLE 287         SOFTWARE: ARTIFICIAL INTELLIGENCE MARKET, BY DEPLOYMENT, 2017–2022 (USD MILLION)          328

TABLE 288         SOFTWARE: ARTIFICIAL INTELLIGENCE MARKET, BY DEPLOYMENT, 2023–2030 (USD MILLION)          329

TABLE 289         ARTIFICIAL INTELLIGENCE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 329

TABLE 290         ARTIFICIAL INTELLIGENCE MARKET, BY SERVICE, 2023–2030 (USD MILLION) 329

TABLE 291         ARTIFICIAL INTELLIGENCE MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)       329

TABLE 292         ARTIFICIAL INTELLIGENCE MARKET, BY PROFESSIONAL SERVICE, 2023–2030 (USD MILLION)       330

16.2.4    ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY            330

TABLE 293         ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)     330

TABLE 294         ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY, 2023–2030 (USD MILLION)     330

TABLE 295         ARTIFICIAL INTELLIGENCE MARKET, BY MACHINE LEARNING, 2017–2022 (USD MILLION)          331

TABLE 296         ARTIFICIAL INTELLIGENCE MARKET, BY MACHINE LEARNING, 2023–2030 (USD MILLION)          331

16.2.5    ARTIFICIAL INTELLIGENCE MARKET, BY BUSINESS FUNCTION 331

TABLE 297        ARTIFICIAL INTELLIGENCE MARKET, BY BUSINESS FUNCTION, 2017–2022 (USD MILLION)          331

TABLE 298        ARTIFICIAL INTELLIGENCE MARKET, BY BUSINESS FUNCTION, 2023–2030 (USD MILLION)          332

16.2.6    ARTIFICIAL INTELLIGENCE MARKET, BY VERTICAL      332

TABLE 299         ARTIFICIAL INTELLIGENCE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 332

TABLE 300         ARTIFICIAL INTELLIGENCE MARKET, BY VERTICAL, 2023–2030 (USD MILLION) 333

16.2.7    ARTIFICIAL INTELLIGENCE MARKET, BY REGION          333

TABLE 301         ARTIFICIAL INTELLIGENCE MARKET, BY REGION, 2017–2022 (USD MILLION) 333

TABLE 302         ARTIFICIAL INTELLIGENCE MARKET, BY REGION, 2023–2030 (USD MILLION) 334

17          APPENDIX         335

17.1       DISCUSSION GUIDE      335

17.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             342

17.3       CUSTOMIZATION OPTIONS      344

17.4       RELATED REPORTS       344

17.5       AUTHOR DETAILS         345