Web3 market seen topping $46 billion by 2030

The Business Research Company projects the Web3 market will exceed $46 billion by 2030, driven by decentralized apps, enterprise blockchain adoption and digital identity demand. North America is expected to lead the market, while services remain the largest segment and competition stays highly fragmented.

Why it matters: - Web3 is moving from a niche technology stack toward broader commercial use across finance, identity, gaming and enterprise software. - The market’s projected 39% CAGR through 2030 signals rapid growth, but the field remains fragmented and crowded. - North America is expected to stay the largest region, which makes U.S. adoption and venture funding especially important to the sector’s direction.

What happened: - The Business Research Company said the global Web3 market is on track to surpass $46 billion by 2030. - The market is projected to grow at a 39% compound annual growth rate from 2025 to 2030. - The report covers market size, trends, major companies and regional outlook for Web3 through 2035. - The report includes a free sample and a full version available online: Request a free sample and Access the detailed report.

The details: - Web3 is expected to represent about 4% of the Wireless Telecommunication Carriers market by 2030 and about 0.3% of the broader Information Technology industry. - Decentralized applications are a major growth driver as developers and enterprises launch decentralized finance, gaming, social and digital asset platforms. - The report says dApp growth is adding an estimated 1.0% annual growth to the market. - Enterprise blockchain adoption is another key driver, with companies using blockchain for transparency, workflow automation and data integrity. - Smart contracts, tokenization and decentralized data-sharing networks are pushing demand for enterprise-grade Web3 infrastructure. - Enterprise adoption is expected to add about 0.9% yearly growth. - Secure and decentralized digital identity is also supporting demand, with privacy, user-controlled credentials and authentication as major needs. - That identity trend is projected to contribute roughly 0.7% annual growth. - Brave Software Inc. and Unstoppable Domains launched the .brave top-level domain in May 2025, linking browser-native naming services with the Brave browser and wallet. - The .brave TLD includes domain resolution, Polygon compatibility, censorship-resistant hosting via IPFS and wallet interoperability. - Services are expected to be the largest market segment by 2030, accounting for about 50% of the market, or $23 billion. - Services in the report include blockchain consulting, smart contract development and auditing, managed blockchain and dApp support, cybersecurity, digital asset protection, and systems integration and maintenance. - The market is segmented by technology into public, consortium, private and hybrid blockchains. - The market is segmented by application into conversational AI, data and transaction storage, cryptocurrency, smart contracts, payments and other uses. - End users include individual users, developers, enterprises, decentralized autonomous organizations, financial institutions, content creators and gamers. - North America is projected to reach $16.8 billion by 2030 from $3.2 billion in 2025, a 39% CAGR. - The U.S. is expected to grow to $14.9 billion by 2030 from $2.8 billion in 2025. - The top 10 companies accounted for only 4% of total revenue in 2025, showing a highly fragmented market. - Conensys Software Inc. held the largest share in 2025 at 1%, followed by Ripple Labs Inc. at 1%. - Other leaders include Polygon Labs Ltd. and Alchemy Insights Inc. at 0.4% each, Solana Labs Inc. and Chainlink Labs Ltd. at 0.1% each, and Fireblocks Ltd., Ava Labs Inc., Blockdaemon Inc. and QuickNode Inc. at smaller shares. - The report names additional companies shaping the ecosystem, including Protocol Labs Inc., Matter Labs Inc., Brave Software Inc., Nova Labs Inc., Nethermind, Moralis Web3 Technology AB, Dapper Labs Inc., Storj Labs Inc., PixelPlex Inc. and Sapien Network Inc. - The report also lists ecosystem stakeholders across chipmakers, data centers, cloud providers, exchanges, distributors and end users, including companies such as NVIDIA Corporation, Amazon Web Services Inc., Coinbase Global Inc., JPMorgan Chase & Co. and Mastercard Incorporated.

Between the lines: - The market structure suggests Web3 is still in an early competitive phase, with low concentration and rapid experimentation across infrastructure, identity and developer tools. - Growth appears to be shifting from pure blockchain enthusiasm toward practical use cases that make decentralized systems easier to use and easier to sell to enterprises. - Naming services, interoperability and security are emerging as the features most likely to move Web3 from technical promise to everyday utility.

What's next: - The report expects competition to stay intense as companies push decentralized identity, cross-chain interoperability, enterprise blockchain integration, AI-enabled dApps and zero-knowledge proof tools. - Continued venture funding, enterprise adoption and infrastructure upgrades are likely to shape which platforms gain scale first. - The Business Research Company says its 2026 reports now include market attractiveness scoring, TAM analysis, company scoring matrices, dashboards and updated trend graphics.