The India Web 3.0 Blockchain Market is anticipated to grow at a robust pace during the forecast period, 2022-2028. The growth can be credited to the expanding demand for data privacy through the decentralized identity of Web 3.0 and the technological developments on the Internet. The fast rise in recognition of digital assets such as cryptocurrencies, along with the distribution of the 5G and 6G technologies, is additionally expected to contribute to the growth. Web 3.0’s capacity to allow users to access modular apps using blockchain-based technology is fueling market growth. Adoption of cryptocurrencies & Machine Learning (ML)/ Artificial Intelligence (AI) Technologies in India is also expected to promote market expansion.
