Web 3.0 Market Expected To Grow With USD 33.53 Billion By 2030
San Francisco, 22 March 2024: The Report Web 3.0 Market Size, Share, & Trends Analysis Report By Blockchain Type (Private, Public, Consortium, Hybrid), By Application, By End Use, By Region, And Segment Forecasts, 2024 - 2030 The global web 3.0 market is anticipated to reach USD 33.53 billion by 2030. The market is expected to expand at a CAGR of 49.3% during the forecast period, according to a new report by Grand View Research, Inc. The ability of Web 3.0 to authorize the users to use the decentralized blockchain technology for accessing the decentralized applications is the major factor driving the market growth. Web 3.0 provides perception based on the users’ search content and allows them to control their data on websites. Web 3.0 technology is also used in social network platforms that aim to improve the customer experience, such as how customers communicate, interact and form communities. Rising investments in Web 3.0 blockchain technology to expand its application is a si