Web 3.0 blockchain Market – Overview and Outlook by Potential Growth
The Web 3.0 blockchain Market size was valued at USD 3.87 Billion in 2023 and is projected to reach USD 80.68 Billion by 2032, registering a CAGR of 40.14 % from 2023 to 2032.
Web 3.0 is the next iteration or phase of the web's/evolution. Because decentralization is the most prominent feature of blockchain, it gives it an ideal foundation for web 3.0 development. The three main pillars of web 3.0 blockchain technology are artificial intelligence (AI), machine learning (ML), and blockchain technology.