Top Insights from the Web 3.0 Blockchain Market Report 2030: Trends and Strategies

According to the study by Next Move Strategy Consulting, the global Web 3.0 Blockchain Market size is estimated to reach USD 64.28 billion, registering a CAGR of 46.7% by 2030.

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The increasing cybersecurity threat worldwide is spurring the adoption of web 3.0 blockchain technology.

However, lack of awareness and high cost of implementing and maintaining blockchain infrastructure are the major factors restraining the web 3.0 blockchain market growth.

North America dominates the web 3.0 blockchain market share and is expected to continue dominating the market during the forecasted period.

Various key players operating in the web 3.0 blockchain industry include Web3 Foundation (Polkadot), Polygon Technology, ConsenSys, Alchemy Insights Inc., Helium Systems Inc, Ocean Protocol Foundation Ltd., Binance, Livepeer Inc., KiwiTech, Alphabet Inc, and others.