Market

Market Status

BlockChain Market Status

Blockchain is one of the future industries as promising as artificial intelligence. The global blockchain market size reached USD 10.7 billion in 2022, and is expected to grow at an average annual growth rate of 87.1%, reaching USD 1.5938 trillion in 2030. It is assumed that it is. By type, the public cloud sector accounts for 61% of total sales, and by component, the infrastructure and protocol sector accounts for 63%. In terms of applications, the payment sector accounts for 45% of the total. Rising venture capital investments in blockchain technology, widespread use of blockchain solutions in banking and cybersecurity, strong adoption of blockchain solutions for smart contracts, payments and digital identity, and increasing government initiatives are responsible for the continued growth of the blockchain market. Contribute Blockchain networks are being promoted in various countries due to their various benefits such as increased transparency and efficiency. In particular, unlike 2023, which experienced a crypto winter (virtual asset recession), 2024 is expected to see the mass adoption of blockchain services.

Web 3.0 Game Market

  • Web 3.0 game market grows at an average annual rate of 18%... . Expected to be about $30.8 billion in 2032

  • Blockchain games – increased to 2,877

The Web 3.0 game market is expected to grow at an average annual rate of about 18% between 2021 and 2032, reaching about $30 billion (about 40 trillion won) in 2032. Although Web 3.0 games are not yet a popular market, blockchain gaming activity is experiencing significant growth. Blockchain gaming activity has increased by approximately 2,000% since 2021, and Unique Active Wallets (UAWs) associated with Web 3.0 games are expected to reach 1 million in 2021 and grow more than fivefold by 2025. do. According to Footprint Analytics, the average number of active users in blockchain gaming in January 2024 was 54.67% higher than the overall average in 2023, a growth trend that began in November 2023. Meanwhile, the average number of active users in January increased by 14.42% compared to December. The total number of blockchain games increased from 2,081 in January 2023 to 2,877 in January 2024.

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