Dublin–(business wire)–“European Web 3.0 Blockchain Market Size, Share & Industry Trend Analysis Report, By Application, By Blockchain Type, End Use (BFSI, IT & Telecom, Media & Entertainment, Retail & E-Commerce, Pharmaceutical), By Country , Growth Rate Forecast, 2022-2028″ report added of ResearchAndMarkets.com Recruitment.
The European Web 3.0 Blockchain Market is to witness a market growth of 38.0% CAGR during the forecast period (2022-2028).
Web 1.0 is the designation for the first version of the website. Before the Domain Name System (DNS) was developed, people used IP addresses to browse websites. For example, instead of putting techtarget.com in the URL bar, I wanted 206.19.49.102. The website was a simple text, image, and link display. Users could not edit data and had no interactivity. Web 1.0 was distinguished by the use of simple HTML layouts to display text and images. In the early days of the Internet, consumers consumed content rather than creating it.
In the days of dial-up computing, websites could take minutes to load, so pages had to be as compact and lightweight as possible. Web 1.0 existed before mobile phones, so only desktop computers could access Web 1.0. The arrival of the 21st century heralded the beginning of the Web 2.0 era. Web 2.0 is defined by interactivity. No longer fixed. The page is now dynamically generated for the user. As broadband spreads, web pages have increased in size and complexity. Audio and video streaming is growing in popularity.
Germany, Europe’s largest economy, is a major recipient of foreign direct investment (FDI) and has accumulated a significant stock of FDI over the years. With a stable legal system, reliable infrastructure, an excellent workforce, good social conditions and world-class research, Germany is consistently considered one of the most desirable investment destinations.
In 2018, the government lowered the threshold for screening investments, allowing authorities to analyze purchases by foreign companies of at least 10% of the voting rights of German companies that operate or provide services related to essential infrastructure. In addition, the amendment added media companies to the list of sensitive industries. Growing funding and post-trade or transactions will drive the growth of the Web 3.0 blockchain market.
The German market will dominate the European Web 3.0 blockchain market by country in 2021 and will remain the dominant market until 2028. This will result in a market value of $867.8 million by 2028. The UK market shows a CAGR of 36.9% from 2022 to 2028. Moreover, the French market will experience her CAGR of 39% during (2022-2028).
Based on application, the market is segmented into cryptocurrencies, smart contracts, payments, data and transaction storage, conversational AI, and others. Based on blockchain type, the market is split 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 country, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Scope of investigation
by application
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Cryptocurrency
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smart contract
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payment
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Data & transaction storage
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Conversational AI
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others
By type of blockchain
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public
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private
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consortium
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hybrid
By end use
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BFSIMore
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IT & Telecom
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media & entertainment
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retail and e-commerce
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pharmaceuticals
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others
by country
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Germany
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UK
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France
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Russia
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Spain
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Italy
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rest of europe
major market players
List of companies profiled in the report:
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Web3 Foundation (polkadot)
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polygon technology
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Protocol Labs (Filecoin)
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Alchemy Insight Inc.
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Helium Co., Ltd.
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Ocean Protocol Foundation Co., Ltd.
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Kusama Network
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Kadena LLC
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Terraform Labs Pte.
Main topics:
Chapter 1 Market Scope and Methodology
Chapter 2 Market Overview
Chapter 3 Strategies Deployed in the Web 3.0 Blockchain Market
Chapter 4 Europe Web 3.0 Blockchain Market by Application
Chapter 5 Europe Web 3.0 Blockchain Market by Blockchain Type
Chapter 6 European Web 3.0 Blockchain Market by End Use
Chapter 7 Europe Web 3.0 Blockchain Market by Countries
Chapter 8 Company Profile
For more information on this report, please visit https://www.researchandmarkets.com/r/2yfv87.
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