Telecom And IT - Web 3.0 Blockchain Market Statistics
The global telecom and it web 3.0 blockchain market size was valued at US$ 408.2 million in 2023 and is estimated to grow at a compound annual growth rate (CAGR) of 46.7% from 2023 to 2030.
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Telecom and it - Web 3.0 blockchain market highlights
- The global telecom and it segment generated a revenue of USD 408.2 million in 2023 and is expected to reach USD 5,953.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 48.9% by 2030.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, South Korea is expected to register the highest CAGR from 2024 to 2030.
Market summary
| Market revenue in 2023 | USD 408.2 million |
| Market revenue in 2030 | USD 5,953.8 million |
| Growth rate | 48.9% (CAGR from 2024 to 2030) |
| Historical data covered | 2020 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
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Web 3.0 Blockchain Market Scope
Web 3.0 blockchain market segmentation & scope
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