The article cited AMA's Global Web 3.0 Blockchain Market Study explored substantial growth with CAGR of %. According the report, Web 3.0 blockchain's advantages, such as anti-monopoly, better privacy, a secure network, data ownership, and interoperability, are expected to drive the market in the forecast period is one of the primary growth factors for the market. Data Ownership Shifting towards the Users
is also expected to contribute significantly to the Web 3.0 Blockchain market. Overall, Cryptocurrency
applications of Web 3.0 Blockchain, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Web3 Foundation (Switzerland), Helium Systems Inc. (United States), Ocean Protocol Foundation Ltd. (Singapore), QuikNode, Inc (United States), Alchemy Insights, Inc (United States), The Dapp List Ltd (United States), EthBlock.art (United States), Alphawallet (Singapore), Decentology (United States), Iota (Germany) and Zel Technologies GmbH (Germany) may see astonishing sales in this Market and certainly improve revenue growth.
AMAs Analyst on the Global Web 3.0 Blockchain market identified that the demand is rising in many different parts of the world as "Mode of Payments is built-in via the native token, ether (ETH) so that no one can block or deny access to the service
". Furthermore, some recent industry insights like "In December 2021- Lota has developed a decentralized layer-one smart contract network Structure, and the ASMB token to help expedite the adoption of smart contracts across a variety of industries, including decentralized finance (DeFi) and nonfungible tokens (NFTs). Assembly makes use of the lota network's current architecture, particularly the directed acyclic graph structure, to function as an interoperable, self-sovereign bridge that benefits from scalability and security, among other things." is constantly making the industry dynamic. One of the challenges that industry facing is "Transactions Scalability is slower on web3 because of a decentralized network"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Web 3.0 Blockchain market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Web 3.0 Blockchain market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Web 3.0 Blockchain market tight? Which application/end-user category or Product Type  may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Web 3.0 Blockchain market and other related sub-markets covered in the study.
o Key & emerging players in the Web 3.0 Blockchain market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Web 3.0 Blockchain market size is calculated using market estimation process, the Web 3.0 Blockchain market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Web 3.0 Blockchain market size has been validated using both top-down and bottom-up approaches.