According to the “2023-2032 Web3.0 Market Forecast” report released by Acumen Research & Consulting, a market research and consulting company, it shows that.
It is estimated that the Web 3.0 market size will reach US$81.9 billion by 2032, with a compound annual growth rate of 44.5%. Among them, the Web 3.0 market in the Asia-Pacific region will experience significant growth.
It is expected to grow at a CAGR of approximately 47% from 2023 to 2032. According to a previous report, the insurance industry could save up to $500-100 billion per year by adopting blockchain technology due to reduced fraud and improved claims processing.