Middle East & Africa Web 3.0 Blockchain Market Size & Outlook
Related Markets
MEA web 3.0 blockchain market highlights
- The MEA web 3.0 blockchain market generated a revenue of USD 203.6 million in 2023.
- The market is expected to grow at a CAGR of 47.8% from 2024 to 2030.
- In terms of segment, cryptocurrency was the largest revenue generating application in 2023.
- Cryptocurrency is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 203.6 million |
| Market revenue in 2030 | USD 3,131.8 million |
| Growth rate | 47.8% (CAGR from 2023 to 2030) |
| Largest segment | Cryptocurrency |
| Fastest growing segment | Cryptocurrency |
| Historical data covered | 2020 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Payments, Cryptocurrency, Conversational AI, Data & Transaction Storage, Smart Contract |
| Key market players worldwide | Polkadot, Helium, Ocean Protocol, Zel Technologies, Kusama, Livepeer, Filecoin, Kadena, Polygon, Terra |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.0% of the global web 3.0 blockchain market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,789.9 million by 2030.
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Web 3.0 Blockchain Market Scope
Web 3.0 Blockchain Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Polygon | View profile | 501-1000 | Bengaluru, Karnataka, India, Asia | https://polygon.technology |
| Kadena | View profile | 11-50 | Brooklyn, New York, United States, North America | http://kadena.io |
| Filecoin | View profile | 11-50 | Palo Alto, California, United States, North America | http://filecoin.io/ |
| Livepeer | View profile | 11-50 | New York, New York, United States, North America | https://www.livepeer.org/ |
| Kusama | View profile | 11-50 | Zug, Zug, Switzerland, Europe | https://kusama.network |
| Zel Technologies | View profile | 101-250 | Hampton, Virginia, United States, North America | https://www.zeltech.com/ |
| Ocean Protocol | View profile | 51-100 | Singapore, Central Region, Singapore, Asia | https://oceanprotocol.com |
| Helium | View profile | 11-50 | San Francisco, California, United States, North America | https://www.helium.com |
| Polkadot | View profile | 10001+ | Zug, Zug, Switzerland, Europe | https://polkadot.network |
| Terra | View profile | 11-50 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://terra.money/ |
Middle East & Africa web 3.0 blockchain market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to web 3.0 blockchain market will help companies and investors design strategic landscapes.
Cryptocurrency was the largest segment with a revenue share of 25.88% in 2023. Horizon Databook has segmented the Middle East & Africa web 3.0 blockchain market based on payments, cryptocurrency, conversational ai, data & transaction storage, smart contract covering the revenue growth of each sub-segment from 2020 to 2030.
- Middle East & Africa Web 3.0 Blockchain Application Outlook (Revenue, USD Million, 2020-2030)
- Assets Tokenization
- Compliance & Identity
- Marketplaces & Liquidity
- Payments
- Data & Analytics
- Dcentralized Exchange
- Prediction Industry
- Stablecoins
- Message
- Collectibles
- Video Clip
- Audio Clip
- Gamification
- Others
- Art
- Pixel Art
- Fractal/Algorithmic Art
- Computer Generated Painting
- 2D/3D Painting
- 2D/3D Computer Graphics
- GIFs
- Others
- Gaming
- Trading Card Game (TCG)
- Video Game
- Strategy Role Playing Game (RPG)
- Others
- Utilities
- Tickets
- Domain Names
- Assets Ownership
- Metaverse
- Sports
- Cryptocurrency
- Conversational AI
- Data & Transaction Storage
- Smart Contract
- Others
- Middle East & Africa Web 3.0 Blockchain Verticals Outlook (Revenue, USD Million, 2020-2030)
- BFSI
- Government
- Healthcare and life sciences
- Telecom and IT
- Retail & E-Commerce
- Transport and Logistics
- Real Estate
- Media and Entertainment
- Travel and Hospitality
- Pharmaceuticals
- Other
- Middle East & Africa Web 3.0 Blockchain Blockchain Type Outlook (Revenue, USD Million, 2020-2030)
- Public
- Private
- Consortium
- Hybrid
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Target buyers of Middle East & Africa web 3.0 blockchain market databook
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Our clientele includes a mix of web 3.0 blockchain market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa web 3.0 blockchain market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa web 3.0 blockchain market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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MEA web 3.0 blockchain market size, by country, 2020-2030 (US$M)
Middle East & Africa Web 3.0 Blockchain Market Outlook Share, 2023 & 2030 (US$M)
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