The Latin America, Middle East and Africa Web 3.0 Blockchain Market would witness market growth of 42.1% CAGR during the forecast period (2022-2028).
The fundamental goal of Web 3.0 is to transform the internet into a more intelligent place. This next era of the web would make the internet more reactive, adaptive, and capable of providing the user with a more gratifying and individualized experience. It will completely revolutionize how user now knows and utilize the Internet. To comprehend the potential changes that Web 3.0 may bring, one must be familiar with Web 3.0's four primary pillars/features:
One of the most prominent characteristics of Web 3.0 will be its capacity to interpret human emotions and ideas. AI will be extensively utilized to filter information, and content and customize search results to the user's preferences. The simulation of processes of human intelligence by machines, primarily computer systems, is known as artificial intelligence. Specific AI applications include intelligent machines, natural language processing voice recognition, and machine vision. As the AI craze grew, businesses scrambled to demonstrate how their products and services include AI. Typically, what is referred to as artificial intelligence is a subset of Artificial intelligence, such as machine learning. AI demands a foundation of specialized hardware and software to develop and train machine learning algorithms.
The presence of growing nations and businesses in the region is driving demand for the WEB 3.0 blockchain market. In addition, medium- and large-sized businesses are increasingly using distributed ledgers to improve their income opportunities. In addition, growing awareness of blockchain technology across multiple industries. In addition, advantages such as a reduced risk of data fraud and enhanced efficiency make blockchain technology popular and essential. Moreover, the incorporation of the Internet of Things (IoT) with blockchain technology is projected to accelerate the regional BaaS market's expansion.
The Brazil market dominated the LAMEA Web 3.0 Blockchain Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $206.3 million by 2028. The Argentina market is showcasing a CAGR of 42.9% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 41.7% during (2022 - 2028).
Based on Application, the market is segmented into Cryptocurrency, Smart Contracts, Payments, Data & Transaction Storage, Conversational AI, and Others. Based on Blockchain Type, the market is segmented into Public, Private, Consortium, and Hybrid. Based on End Use, the market is segmented into BFSI, IT & Telecom, Media & Entertainment, Retail & E-commerce, Pharmaceuticals, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Web 3.0 Blockchain Market is Predict to reach $12.5 Billion by 2028, at a CAGR of 38.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Web3 Foundation (Polkadot), Polygon technology, Protocol Labs (Filecoin), Alchemy Insights, Inc., Helium, Inc., Ocean Protocol Foundation Ltd., Kusama Network, Kadena LLC, and Terraform Labs Pte. Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Cryptocurrency
- Smart Contracts
- Payments
- Data & Transaction Storage
- Conversational AI
- Others
By Blockchain Type
- Public
- Private
- Consortium
- Hybrid
By End Use
- BFSI
- IT & Telecom
- Media & Entertainment
- Retail & E-commerce
- Pharmaceuticals
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Web3 Foundation (Polkadot)
- Polygon technology
- Protocol Labs (Filecoin)
- Alchemy Insights, Inc.
- Helium, Inc.
- Ocean Protocol Foundation Ltd.
- Kusama Network
- Kadena LLC
- Terraform Labs Pte. Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Web 3.0 Blockchain Market, by Application
1.4.2 LAMEA Web 3.0 Blockchain Market, by Blockchain Type
1.4.3 LAMEA Web 3.0 Blockchain Market, by End Use
1.4.4 LAMEA Web 3.0 Blockchain Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Web 3.0 Blockchain Market
Chapter 4. LAMEA Web 3.0 Blockchain Market by Application
4.1 LAMEA Cryptocurrency Market by Country
4.2 LAMEA Smart Contracts Market by Country
4.3 LAMEA Payments Market by Country
4.4 LAMEA Data & Transaction Storage Market by Country
4.5 LAMEA Conversational AI Market by Country
4.6 LAMEA Others Market by Country
Chapter 5. LAMEA Web 3.0 Blockchain Market by Blockchain Type
5.1 LAMEA Public Market by Country
5.2 LAMEA Private Market by Country
5.3 LAMEA Consortium Market by Country
5.4 LAMEA Hybrid Market by Country
Chapter 6. LAMEA Web 3.0 Blockchain Market by End-use
6.1 LAMEA BFSI Market by Country
6.2 LAMEA IT & Telecom Market by Country
6.3 LAMEA Media & Entertainment Market by Country
6.4 LAMEA Retail & E-commerce Market by Country
6.5 LAMEA Pharmaceuticals Market by Country
6.6 LAMEA Others Market by Country
Chapter 7. LAMEA Web 3.0 Blockchain Market by Country
7.1 Brazil Web 3.0 Blockchain Market
7.1.1 Brazil Web 3.0 Blockchain Market by Application
7.1.2 Brazil Web 3.0 Blockchain Market by Blockchain Type
7.1.3 Brazil Web 3.0 Blockchain Market by End-use
7.2 Argentina Web 3.0 Blockchain Market
7.2.1 Argentina Web 3.0 Blockchain Market by Application
7.2.2 Argentina Web 3.0 Blockchain Market by Blockchain Type
7.2.3 Argentina Web 3.0 Blockchain Market by End-use
7.3 UAE Web 3.0 Blockchain Market
7.3.1 UAE Web 3.0 Blockchain Market by Application
7.3.2 UAE Web 3.0 Blockchain Market by Blockchain Type
7.3.3 UAE Web 3.0 Blockchain Market by End-use
7.4 Saudi Arabia Web 3.0 Blockchain Market
7.4.1 Saudi Arabia Web 3.0 Blockchain Market by Application
7.4.2 Saudi Arabia Web 3.0 Blockchain Market by Blockchain Type
7.4.3 Saudi Arabia Web 3.0 Blockchain Market by End-use
7.5 South Africa Web 3.0 Blockchain Market
7.5.1 South Africa Web 3.0 Blockchain Market by Application
7.5.2 South Africa Web 3.0 Blockchain Market by Blockchain Type
7.5.3 South Africa Web 3.0 Blockchain Market by End-use
7.6 Nigeria Web 3.0 Blockchain Market
7.6.1 Nigeria Web 3.0 Blockchain Market by Application
7.6.2 Nigeria Web 3.0 Blockchain Market by Blockchain Type
7.6.3 Nigeria Web 3.0 Blockchain Market by End-use
7.7 Rest of LAMEA Web 3.0 Blockchain Market
7.7.1 Rest of LAMEA Web 3.0 Blockchain Market by Application
7.7.2 Rest of LAMEA Web 3.0 Blockchain Market by Blockchain Type
7.7.3 Rest of LAMEA Web 3.0 Blockchain Market by End-use
Chapter 8. Company Profiles
8.1 Web3 Foundation (Polkadot)
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Partnerships, Collaborations, and Agreements:
8.1.2.2 Product Launches and Product Expansions:
8.2 Polygon technology
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.3 Protocol Labs (Filecoin)
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Partnerships, Collaborations, and Agreements:
8.4 Alchemy Insights, Inc.
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Acquisition and Mergers:
8.5 Helium, Inc.
8.5.1 Company Overview
8.6 Ocean Protocol Foundation Ltd.
8.6.1 Company Overview
8.7 Kusama Network
8.7.1 Company Overview
8.8 Kadena LLC
8.8.1 Company Overview
8.9 Terraform Labs Pte. Ltd.
8.9.1 Company Overview
TABLE 1 LAMEA Web 3.0 Blockchain Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Web 3.0 Blockchain Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Web 3.0 Blockchain Market by Application, 2018 - 2021, USD Million
TABLE 4 LAMEA Web 3.0 Blockchain Market by Application, 2022 - 2028, USD Million
TABLE 5 LAMEA Cryptocurrency Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Cryptocurrency Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Smart Contracts Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Smart Contracts Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Payments Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Payments Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Data & Transaction Storage Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Data & Transaction Storage Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Conversational AI Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Conversational AI Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Web 3.0 Blockchain Market by Blockchain Type, 2018 - 2021, USD Million
TABLE 18 LAMEA Web 3.0 Blockchain Market by Blockchain Type, 2022 - 2028, USD Million
TABLE 19 LAMEA Public Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Public Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Private Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Private Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Consortium Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Consortium Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Web 3.0 Blockchain Market by End-use, 2018 - 2021, USD Million
TABLE 28 LAMEA Web 3.0 Blockchain Market by End-use, 2022 - 2028, USD Million
TABLE 29 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Media & Entertainment Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Media & Entertainment Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Retail & E-commerce Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Retail & E-commerce Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Web 3.0 Blockchain Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Web 3.0 Blockchain Market by Country, 2022 - 2028, USD Million
TABLE 43 Brazil Web 3.0 Blockchain Market, 2018 - 2021, USD Million
TABLE 44 Brazil Web 3.0 Blockchain Market, 2022 - 2028, USD Million
TABLE 45 Brazil Web 3.0 Blockchain Market by Application, 2018 - 2021, USD Million
TABLE 46 Brazil Web 3.0 Blockchain Market by Application, 2022 - 2028, USD Million
TABLE 47 Brazil Web 3.0 Blockchain Market by Blockchain Type, 2018 - 2021, USD Million
TABLE 48 Brazil Web 3.0 Blockchain Market by Blockchain Type, 2022 - 2028, USD Million
TABLE 49 Brazil Web 3.0 Blockchain Market by End-use, 2018 - 2021, USD Million
TABLE 50 Brazil Web 3.0 Blockchain Market by End-use, 2022 - 2028, USD Million
TABLE 51 Argentina Web 3.0 Blockchain Market, 2018 - 2021, USD Million
TABLE 52 Argentina Web 3.0 Blockchain Market, 2022 - 2028, USD Million
TABLE 53 Argentina Web 3.0 Blockchain Market by Application, 2018 - 2021, USD Million
TABLE 54 Argentina Web 3.0 Blockchain Market by Application, 2022 - 2028, USD Million
TABLE 55 Argentina Web 3.0 Blockchain Market by Blockchain Type, 2018 - 2021, USD Million
TABLE 56 Argentina Web 3.0 Blockchain Market by Blockchain Type, 2022 - 2028, USD Million
TABLE 57 Argentina Web 3.0 Blockchain Market by End-use, 2018 - 2021, USD Million
TABLE 58 Argentina Web 3.0 Blockchain Market by End-use, 2022 - 2028, USD Million
TABLE 59 UAE Web 3.0 Blockchain Market, 2018 - 2021, USD Million
TABLE 60 UAE Web 3.0 Blockchain Market, 2022 - 2028, USD Million
TABLE 61 UAE Web 3.0 Blockchain Market by Application, 2018 - 2021, USD Million
TABLE 62 UAE Web 3.0 Blockchain Market by Application, 2022 - 2028, USD Million
TABLE 63 UAE Web 3.0 Blockchain Market by Blockchain Type, 2018 - 2021, USD Million
TABLE 64 UAE Web 3.0 Blockchain Market by Blockchain Type, 2022 - 2028, USD Million
TABLE 65 UAE Web 3.0 Blockchain Market by End-use, 2018 - 2021, USD Million
TABLE 66 UAE Web 3.0 Blockchain Market by End-use, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Web 3.0 Blockchain Market, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Web 3.0 Blockchain Market, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Web 3.0 Blockchain Market by Application, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Web 3.0 Blockchain Market by Application, 2022 - 2028, USD Million
TABLE 71 Saudi Arabia Web 3.0 Blockchain Market by Blockchain Type, 2018 - 2021, USD Million
TABLE 72 Saudi Arabia Web 3.0 Blockchain Market by Blockchain Type, 2022 - 2028, USD Million
TABLE 73 Saudi Arabia Web 3.0 Blockchain Market by End-use, 2018 - 2021, USD Million
TABLE 74 Saudi Arabia Web 3.0 Blockchain Market by End-use, 2022 - 2028, USD Million
TABLE 75 South Africa Web 3.0 Blockchain Market, 2018 - 2021, USD Million
TABLE 76 South Africa Web 3.0 Blockchain Market, 2022 - 2028, USD Million
TABLE 77 South Africa Web 3.0 Blockchain Market by Application, 2018 - 2021, USD Million
TABLE 78 South Africa Web 3.0 Blockchain Market by Application, 2022 - 2028, USD Million
TABLE 79 South Africa Web 3.0 Blockchain Market by Blockchain Type, 2018 - 2021, USD Million
TABLE 80 South Africa Web 3.0 Blockchain Market by Blockchain Type, 2022 - 2028, USD Million
TABLE 81 South Africa Web 3.0 Blockchain Market by End-use, 2018 - 2021, USD Million
TABLE 82 South Africa Web 3.0 Blockchain Market by End-use, 2022 - 2028, USD Million
TABLE 83 Nigeria Web 3.0 Blockchain Market, 2018 - 2021, USD Million
TABLE 84 Nigeria Web 3.0 Blockchain Market, 2022 - 2028, USD Million
TABLE 85 Nigeria Web 3.0 Blockchain Market by Application, 2018 - 2021, USD Million
TABLE 86 Nigeria Web 3.0 Blockchain Market by Application, 2022 - 2028, USD Million
TABLE 87 Nigeria Web 3.0 Blockchain Market by Blockchain Type, 2018 - 2021, USD Million
TABLE 88 Nigeria Web 3.0 Blockchain Market by Blockchain Type, 2022 - 2028, USD Million
TABLE 89 Nigeria Web 3.0 Blockchain Market by End-use, 2018 - 2021, USD Million
TABLE 90 Nigeria Web 3.0 Blockchain Market by End-use, 2022 - 2028, USD Million
TABLE 91 Rest of LAMEA Web 3.0 Blockchain Market, 2018 - 2021, USD Million
TABLE 92 Rest of LAMEA Web 3.0 Blockchain Market, 2022 - 2028, USD Million
TABLE 93 Rest of LAMEA Web 3.0 Blockchain Market by Application, 2018 - 2021, USD Million
TABLE 94 Rest of LAMEA Web 3.0 Blockchain Market by Application, 2022 - 2028, USD Million
TABLE 95 Rest of LAMEA Web 3.0 Blockchain Market by Blockchain Type, 2018 - 2021, USD Million
TABLE 96 Rest of LAMEA Web 3.0 Blockchain Market by Blockchain Type, 2022 - 2028, USD Million
TABLE 97 Rest of LAMEA Web 3.0 Blockchain Market by End-use, 2018 - 2021, USD Million
TABLE 98 Rest of LAMEA Web 3.0 Blockchain Market by End-use, 2022 - 2028, USD Million
TABLE 99 Key Information – Web3 Foundation (polkadot)
TABLE 100 Key Information – Polygon technology
TABLE 101 Key Information – Protocol Labs
TABLE 102 Key Information – Alchemy Insights, Inc.
TABLE 103 Key Information – Helium, Inc.
TABLE 104 Key Information – Ocean Protocol Foundation Ltd.
TABLE 105 Key Information – Kusama Network
TABLE 106 Key Information – Kadena LLC
TABLE 107 Key Information – Terraform Labs Pte. Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Web3 Foundation (Polkadot)