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Blockchain Messaging App Market Worth $536.5 Million By 2030: Grand View Research, Inc.

Delbert Williams IIBy No Comments5 Mins Read

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San Francisco, February 1, 2023 /PR Newswire/ — Global Blockchain Messaging App Market Size Expected to Reach US$536.5 million According to a new study conducted by Grand View Research, Inc., it will grow at a CAGR of 43.6% from 2022 to 2030 by 2030. Rising demand for data privacy around the world and increasing advances in Web 3.0 are expected to drive market growth. For example, according to the Electric Capital Developer Report 2021, there are over 18,416 active he Web3 developers working on open source every month. cipher and Web 3.0 projects.

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Key industry insights and findings from the report:

150-page Market Research Report “Blockchain Messaging Apps Market Size, Share, Trend Analysis Report, By Operating System (Android, iOS), By Application (Messages, Payments), By End-User, By Region, And Segment Forecast, 2022 “Reading Years – 2030”, published by Grand View Research.

Blockchain messaging app market growth and trends

The rapid increase in internet access and frequent developments in internet speed along with the deployment of 5G and 6G technologies are expected to further drive the market growth. For example, according to DataReportal 2022, approximately 5.07 billion people worldwide access and use the Internet, which is almost 63.5% of the world’s total population. Moreover, the poor security provided by traditional messaging platforms is expected to create demand for blockchain messaging apps due to their high security features.

In addition, progress is being made in distributed messaging applications, including the addition of features such as: cipher Wallets and payments, among others, are expected to drive the market growth. for example, April 2022the blockchain-based decentralized computer network technology designed by Telegram, known as the Open Network (TON), has announced the addition of a bot.With this bot addition, Telegram has allowed users to send Cryptocurrency to other users through chat.

The global COVID-19 outbreak favors market growth. The increased use of social media and internet during the COVID-19 pandemic has created a huge opportunity for the market to grow in the future. Additionally, growing user awareness of privacy abuses has increased the demand for alternative messaging platforms such as blockchain chat apps.

Blockchain messaging app market segmentation

For this study, Grand View Research has segmented the global blockchain messaging apps market based on operating system, application, end user, and region.

Blockchain Messaging App Market – Operating System Outlook (Revenue, USD Million, 2019-2030)

Blockchain Messaging Apps Market – Application Outlook (Revenue, USD Million, 2019-2030)

Blockchain Messaging App Market – End User Outlook (Revenue, USD Million, 2019-2030)

Blockchain Messaging Apps Market – Regional Outlook (Revenue, USD Million, 2019-2030)

  • North America

  • Europe

  • Asia Pacific

  • latin america

  • middle east & Africa

List of Key Players in the Blockchain Messaging App Market

  • cyber dust

  • Status

  • clip visor

  • Sappchat.com

  • signal

  • Solana Foundation

  • Crypto-chat

  • telegram

  • b-po LLC

  • CryptoDATA

Check out other related studies published by Grand View Research.

  • Blockchain in the retail banking market – Global blockchain in retail banking market size US$140.26 billion According to a new study conducted by Grand View Research, Inc., by 2030, it will grow at a CAGR of 83.9% from 2022 to 2030. Several reasons are driving the growth of the market. Retail banks are focused on digital transformation and the adoption of advanced technology to streamline business processes and serve customers.

  • Web 3.0 blockchain market – Global Web 3.0 blockchain market size is expected to reach US$33.53 billion According to a new report by Grand View Research, Inc., it will grow at a CAGR of 47.1% by 2030 and from 2023 to 2030. A key feature is the ability of Web 3.0 to allow users to use decentralized blockchain technology to access decentralized applications. Factors driving market growth. Web 3.0 provides awareness based on the user’s search content and gives the user control over the data on her website.

  • blockchain technology market – Global blockchain technology market size is expected to reach US$1,431.54 billion According to a new report from Grand View Research, Inc., it will grow at a CAGR of 87.7% from 2023 to 2030 by 2030. Market growth can be attributed to increasing digitization across the BFSI sector. Moreover, increasing use of contactless blockchain digital tickets for various events is expected to drive the market.increased use of Cryptocurrency It is also expected to drive the market growth globally. This is for cryptocurrencies such as ethereum When Bitcoin, works with blockchain technology.demand for Cryptocurrency It is increasing due to advantages such as ease of transaction, prevention of price rises, and enhanced security.

Browse Grand View Research next generation technology industry Research report.

About Grandview Research

Grand View Research, a US-based market research and consulting firm, provides syndicated and customized research reports and consulting services.registered with California headquartered in San Francisco, the company is made up of over 425 analysts and consultants, adding over 1200 market research reports to its vast database each year. These reports provide in-depth analysis of 46 industries in 25 major countries around the world. Grand View Research helps Fortune 500 companies and renowned academic institutions understand the global and regional business landscape and assess upcoming opportunities with the help of an interactive market intelligence platform.

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Born in the early 80s in Milwaukee, Wisconsin, Delbert Williams II has always had a passion for writing. Even in high school, he earned excellent grades in English and writing classes. After attending John Marshall High School, he graduated from Project Stay Alternative High School in Milwaukee. From there, Delbert attended Milwaukee Area Technical College, where he studied music and communications. While he enjoyed these fields, his love for writing remained strong. In 2019, Delbert founded Hard Stack Street Mag, a publication that quickly gained a following for its unique and engaging content. As the founder and editor-in-chief of the magazine, he has worked tirelessly to produce quality articles that cover a wide range of topics, including music, art, culture, and politics. Now 42 years old, Delbert continues to pursue his passion for writing and journalism. Through Hard Stack Street Mag, he has created a platform that allows him to share his voice and perspective with readers from all over the world. With a strong background in writing and a deep understanding of the power of storytelling, Delbert Williams II is a writer to watch. He is dedicated to producing content that is both informative and engaging, and he is committed to using his platform to shine a light on important issues that are often overlooked by mainstream media.

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