Top Companies in Web 3.0 Blockchain Market | Top Players of Web 3.0 Blockchain Comprehensive Research Report | Vantage Market Research
Constant technological advancements and the adoption and awareness of the internet of things are the primary causes of the worldwide Web 3.0 Blockchain Market's growth.
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Market Overview:
The Global Web 3.0 Blockchain Market is valued at USD 2.9 Billion in the year 2021 and is anticipated to reach a value of USD 23.3 Billion by the year 2028. The Global Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 41.6% over the forecast period. Web 3.0 is the next iteration or phase in the evolution of the internet. Internet Decentralization, transparency, and greater user usefulness are vital themes in Web 3.0. Because blockchain's most noticeable feature is decentralization, it's an excellent basis for web 3.0 development. Artificial intelligence (AI), machine learning (ML), and blockchain technology are the three primary foundations of web 3.0 blockchain technology. The web 3.0 blockchain focuses on personal data privacy and security by allowing users to save data in decentralized storage. The global web 3.0 blockchain market is likely to grow at a quick rate throughout the forecast period. The market growth might be connected to technological advancements and shifts in data ownership toward consumers. The decentralized web, also known as Web 3.0, is the third generation of the internet that uses decentralized ledger technology (DLT), machine learning (ML), and Big Data. The Web 3.0 blockchain provides users with a better surfing experience and more efficient data analysis.
In comparison to previous versions, Web 3.0 is more dynamic and user-friendly. Leading government agencies are initiating digitalization programs to create a regulatory environment that will let Web 3.0 blockchains gain traction. Rising data security concerns and rising firm investments to expand web 3.0 blockchain applications are expected to drive the global web 3.0 market in the coming years.
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Some of the key players operating in the Web 3.0 Blockchain Market are listed below:
|
Company Name |
Revenue in the US |
|
$57 Billion |
|
$184 Billion |
|
$5 billion |
|
<$5 Million |
|
<$5 Million |
|
$50 Billion |
|
$43 Million |
|
<$5 Million |
|
<$5 Million |
|
$105 Million |
The company was founded in 1911 and had headquarters in New York, U.S. It is one of the largest technology companies in the world and the second most valuable global brand. IBM expertise to produce and deal computer hardware and software, infrastructure, hosting, and consulting services in fields ranging from mainframe computers to nanotechnology. IBM serves clients worldwide. In 2021, the company generated revenue of $57.4 billion.
Microsoft Corp (Microsoft) was founded in 1975 and is headquartered in Washington, United States. The company provides a broad range of operating systems, server applications, cross-device productivity applications, business solution applications, software development tools, desktop and server management tools, video games, and training and certification services. It also designs, manufactures, and sells tablets, PCs, gaming and entertainment consoles, and other intelligent devices. In addition, the company provides a broad spectrum of services, including cloud-based solutions and consulting services. Microsoft markets, distribute, and sells offerings through original equipment manufacturers, distributors, resellers, online marketplaces, Microsoft stores, and other partner channels. The company has its presence and business across the Americas, Europe, Asia-Pacific, the Middle East, and Africa.
The Linux Foundation (LF) is a non-profit technology consortium formed in 2000 by the merger of Open Source Development Labs and the Free Standards Group to standardize Linux, support its growth, and promote commercial adoption. The company is headquartered in California, United States. It hosts and facilitates the collaborative development of open-source software projects. In addition, it is a significant force in promoting diversity and inclusion in the Linux and open-source software communities.
The company began in 2007. BTL Group Ltd. provides an enterprise technology platform. The Company's primary focus is to create private Interbit, a proprietary private blockchain. Interbit is developing ground-breaking technologies that improve efficiency across multiple industries by leveraging distributed-ledger technology and smart contracts. Interbit is being used by some of the world's largest institutions to evaluate new blockchain opportunities. Its services include use case assessment, POC definition & technical design, POC development and hosting, business transformation planning, and application support to name a few.
The Chain Inc. provides Web3 and Blockchain cloud infrastructure, which is powered by Chain Cloud and Sequence. The company was founded in 2014 and is headquartered in San Francisco, United States. Khosla Ventures, Pantera Capital, Capital One, Citigroup, Fiserv, Nasdaq, Orange, and Visa have invested over $40 million in Chain Inc. Provider of ledger-as-a-service technology that allows organizations to track and transfer tokenized balances securely. The company's blockchain technology enables organizations to securely manage their financial assets in token format on private ledgers and seamlessly share them across public networks, allowing financial institutions to offer a seamless, programmatic, and peer-to-peer transfer of digital assets.
Deloitte Touche Tohmatsu Ltd. (Deloitte) was founded in 1845 and has headquarters in England, UK. The company is operating mainly in the Banking sector. Deloitte Touche Tohmatsu LLC (DTT) is a Deloitte Asia Pacific Limited member, a Deloitte network firm. DTT provides audit & assurance and risk advisory services as Japan's leading audit firm and the principal firm of the Deloitte Tohmatsu Group. These services are provided to a wide range of clients, including multinational corporations and major Japanese corporations, by over 7,000 professionals in approximately 30 cities throughout Japan, including about 3,200 Certified Public Accountants.
Digital Asset Holdings, LLC was founded in 2014 and has headquarters in New York, United States. Digital Asset is working on distributed ledger technology to create distributed, encrypted, straight-through processing tools. To change the way businesses, interact, the company creates platforms and developer tools and leverages modern infrastructure providers. DAML is its service offering, an application platform free of organizational boundaries where businesses can create new multi-party solutions that transform disparate silos into synchronized networks, eliminating latency and errors by ensuring consistent data. The company collaborates with financial services, healthcare, and insurance companies, as well as 5 of the top 10 stock exchanges.
Global Arena Holding Inc. is a holding and technology development company. The company offers technology-enabled paper absentee/mail ballot and online election services to organizations, including craft and trade organizations, labor unions, political parties, co-operatives and housing organizations, associations and professional societies, universities, and political organizations through its subsidiary, Global Election Services, Inc. (GES). In addition, election software for scanning/tabulation using optical mark reader (OMR)/ optical character recognition (OCR)/barcode imaging software featuring de-skewing, de-speckling, and image enhancement has also been developed by GES. The mentioned items are used for data storage and retrieval registration system to conclude voter eligibility and avoid duplicate votes with in-person digital signature capture. Tidewater Energy Group Inc. and GAHI Acquisition Corp. are also among their subsidiaries.
Monax was founded in 2014 and has headquarters in the United Kingdom. They developed a legal system platform, designed to move business legal obligations into the networked world. The platform of the company provides a contract lifecycle management tool that allows consumers to easily procure lawyer-tested agreements and maintain complete control over their business contracts, as well as permission ledgers and smart contracts that enable the finance, insurance, and construction sectors to develop, customize, sell, and reproduce legal products.
The company was established in 2012 and has headquarters in San Francisco, California, U.S. Ripple Labs Inc. develops and distributes an open-source payments protocol. The company provides an open-source payments system and a math-based virtual currency that power circulated currency exchange, merchant payments, money transfers, and remittances worldwide. Ripple Labs has customers all over the world. Ripple's global payments network has over 300 customers across 40 countries and six continents. Ripple had its most successful year in 2021, doubling the number of transactions on RippleNet, and achieving a payment volume run rate of more than $10 billion.
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