Technavio has recently released a market forecast and analysis report for the Web3.0 blockchain market. The report indicates a potential growth delta of $27.42 billion for the Web3.0 blockchain market between 2022 and 2027. Blockchain technology within Web3.0 is attracting increased funding. System configuration issues are identified as a key challenge inhibiting the growth of the Web3.0 blockchain market. The BFSI (Banking, Financial Services, and Insurance) segment is expected to witness significant growth during the forecast period. Web3.0 blockchain finds extensive applications in financial credit services within the BFSI sector, including lending and secure credit record verification. Tokens are widely utilized by multiple investment firms for securities, bonds, and other assets. It is anticipated that North America will contribute 40% to the global market growth during the forecast period.
Technavio has recently released a market forecast and analysis report for the Web3.0 blockchain market.
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