Decentralized Applications (DAPP) Market
Global Decentralized Applications (DAPP) Market Size, Share & Trends Analysis Report by Blockchain (EOS, TRON, Ethereum, IOST, Steem, Neo, and Others), by Application (Game Application, Financial Application, Lottery Application, Social Application, Transaction Application, and Others), and by End User (E-commerce & Logistics, Healthcare & Pharmaceuticals, Automotive, and Others) Forecast Period (2021-2027) Update Available - Forecast 2024-2030
The global decentralized applications (DAPP) market is anticipated to grow at a significant CAGR of 6.8% during the forecast period. The decentralized applications (DAPP) market relates to blockchain and decentralized applications such as gaming, finance, web browsing and other, that are built on blockchain technology. Additionally, blockchain technology supports networks like cryptocurrency and Ethereum. All DAPPS are built using blockchain technology. The major advantage of decentralised application is that it is easily accessible. The market is majorly driven due to the various advantages offered through integration of DAPPs in the network. The advantages include elimination from the interference and control of a single authority, improved security of user privacy, lack of censorship, and enhanced development flexibility.
Impact of COVID-19 Pandemic on Global Decentralized Applications (DAPP) Market
Since the COVID-19 pandemic and lockdown, there is a huge growth in online gaming industry. Live streaming and online gaming tournaments have been increased and for all these activities several key gaming companies adopted blockchain technology. Through the decentralized platforms, the gaming companies can sell their apps and games directly to their consumers in much faster, safe, and secure way. For instance, in December 2018, Platinum Eggs had entered a partnership with Bitmatrix for adopting the blockchain technology into its system. Bitmatrix is a developer of DAPP games and bitpet. Additionally, fuel games have also developed blockchain platform for quick integration of blockchain technology in its existing games.
Segmental Outlook
The global decentralized applications (DAPP) market is segmented based on the blockchain, application, and end-user. Based on the blockchain, the market is segmented into EOS, TRON, Ethereum, IOST, Steem, neo and others. Based on the application, the market is sub-segmented into game application, financial application, lottery application, social application, transaction application, and others. Based on the end-user, the market is sub-segmented into e-commerce & logistics, healthcare & pharmaceuticals, automotive, and others. TRON is the decentralized blockchain system with its own cryptocurrency. Tron is expected to grow due to many big giants are investing in TRON DAPPS. For instance, in 2020, Samsung selected TRON for its blockchain keystore so now the Samsung Galaxy S10 users had access to TRON DAPPS. Additionally, there are other big giants also started to invest in blockchain technology such as Apple, Xiaomi, and Huawei.
Global Decentralized Applications (DAPP) Market Share by Blockchain, 2020 (%)
The Blockchain Segment Holds the Prominent Share in the Global Decentralized Applications (DAPP) Market
Blockchain holds the major share in the decentralized application market as the decentralized applications are built on blockchain technology. Blockchain is open source platform, and the information is stored in the blockchain network. Blockchain networks are built for storing specific information. For example, bitcoin is a DAPP which has its own blockchain network. Blockchain is used in bitcoin to keep transactional records safe and secure. Blockchain guarantees the security of data without any involvement of the third party. Additionally, after the introduction of bitcoin in the market, there is a huge increase in blockchain market. For instance, AligatoCoin has developed a decentralized auction-sale platform built on the blockchain technology. The platform provides sale process and the purchase process. The platform also offers a crypto wallet for making payments.
Regional Outlooks
The global decentralized applications (DAPP) market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement.
Global Decentralized Applications (DAPP) Market Growth, by Region, 2021-2027
North America is Anticipated to Hold Prominent Market Share in the Global Decentralized Applications (DAPP) Market
Among the region, the North America region is expected to cater dominating market share of the decentralized applications (DAPP) market across the globe. The primary factor contributing to the growth of the market is the considerably strong presence of key market players across the countries such as the US and Canada. The key market players such as VanEck, Consensys, and others, are focusing on development of new DAPP, which will fuel the growth of the market across the region. For instance, in April 2021, VanEck launched VanEck Vectors Digital Transformation ETF, a new equity fund designed to provide investors with pure-play exposure to the innovative companies that are powering the digital transformation of the region’s economy.
Market Players Outlook
The major companies serving the global decentralized applications (DAPP) market include Blockchain Intelligence Group Inc., Consensys, SoluLab Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2020, LiquidApps launched DSP 2.0 on DAPP network with several new features, The new features include the storage off-chain, lowering the overall load on EOS network, and saving the cost that would otherwise go into vRAM.
The Report Covers
• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global decentralized applications (Dapp) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Decentralized Applications (DAPP) Market
• Recovery Scenario of Global Decentralized Applications (DAPP) Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Decentralized Applications (DAPP) Market by Blockchain
4.1.1. EOS
4.1.2. TRON
4.1.3. Ethereum
4.1.4. IOST
4.1.5. Steem
4.1.6. Neo
4.1.7. Others
4.2. Global Decentralized Applications (DAPP) Market by Application
4.2.1. Game Application
4.2.2. Financial Application
4.2.3. Lottery Application
4.2.4. Social Application
4.2.5. Transaction Application
4.2.6. Others
4.3. Global Decentralized Applications (DAPP) Market by End-User
4.3.1. E-commerce& Logistics
4.3.2. Healthcare& Pharmaceuticals
4.3.3. Automotive
4.3.4. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Arctourch Inc.
6.2. Blockchain Intelligence Group Inc.
6.3. Consensys
6.4. Fueled Technologies Pvt. Ltd.
6.5. Hyperlink Infosystem
6.6. Ionixx Technologies Pvt. Ltd.
6.7. LimechainLCC
6.8. Ontology
6.9. Oodles Technologies
6.10. Openledger
6.11. Perfectial Group
6.12. S A Eonsofttech Pvt. Ltd.
6.13. Sara Technologies Inc.
6.14. Solulab Inc.
6.15. The Linux Foundation
6.16. Thunder Token Ltd.
6.17. 10clouds
1. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY BLOCKCHAIN, 2020-2027 ($ MILLION)
2. GLOBAL DAPP IN EOS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL DAPP IN TRON MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL DAPP INETHEREUM MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL DAPP IN IOST MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL DAPP INSTEEM MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL DAPP IN NEO MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL DAPP IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
10. GLOBAL DAPP IN GAME APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL DAPP IN FINANCIAL APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL DAPP IN LOTTERY APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL DAPP IN SOCIAL APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL DAPP IN TRANSACTION APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL DAPP IN OTHERS APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
17. GLOBAL DAPP FORE-COMMERCE& LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
18. GLOBAL DAPP FOR HEALTHCARE& PHARMACEUTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
19. GLOBAL DAPP FOR AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
20. GLOBAL DAPP FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
21. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
22. NORTH AMERICAN DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
23. NORTH AMERICAN DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY BLOCKCHAIN, 2020-2027 ($ MILLION)
24. NORTH AMERICAN DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
25. NORTH AMERICAN DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
26. EUROPEAN DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
27. EUROPEAN DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY BLOCKCHAIN, 2020-2027 ($ MILLION)
28. EUROPEAN DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
29. EUROPEAN DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
30. ASIA-PACIFIC DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
31. ASIA-PACIFIC DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY BLOCKCHAIN, 2020-2027 ($ MILLION)
32. ASIA-PACIFIC DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
33. ASIA-PACIFIC DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
34. REST OF THE WORLD DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
35. REST OF THE WORLD DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY BLOCKCHAIN, 2020-2027 ($ MILLION)
36. REST OF THE WORLD DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
37. REST OF THE WORLD DECENTRALIZED APPLICATIONS (DAPP) MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL DECENTRALIZED APPLICATIONS (DAPP) MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL DECENTRALIZED APPLICATIONS (DAPP) MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL DECENTRALIZED APPLICATIONS (DAPP) MARKET, 2021-2027 (%)
4. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) MARKET SHARE BY BLOCKCHAIN, 2020 VS 2027 (%)
5. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) IN EOS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) IN TRON MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) IN ETHEREUM MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) INIOST MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) IN STEEM MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) IN NEO MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) IN OTHERS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
13. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) INGAME APPLICATION MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) IN FINANCIAL APPLICATION MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) FOR LOTTERY APPLICATION MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) IN SOCIAL APPLICATION MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
17. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) IN TRANSACTION APPLICATION MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
18. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) IN OTHERS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
19. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) MARKET SHARE BY END-USER, 2020 VS 2027 (%)
20. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) FOR E-COMMERCE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
21. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) FOR HEALTHCARE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
22. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) FOR TRANSPORTATION MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
23. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) FOR OTHERS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
24. GLOBAL DECENTRALIZED APPLICATIONS (DAPP) MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
25. US DECENTRALIZED APPLICATIONS (DAPP) MARKET SIZE, 2020-2027 ($ MILLION)
26. CANADA DECENTRALIZED APPLICATIONS (DAPP) MARKET SIZE, 2020-2027 ($ MILLION)
27. UK DECENTRALIZED APPLICATIONS (DAPP) MARKET SIZE, 2020-2027 ($ MILLION)
28. FRANCE DECENTRALIZED APPLICATIONS (DAPP) MARKET SIZE, 2020-2027 ($ MILLION)
29. GERMANY DECENTRALIZED APPLICATIONS (DAPP) MARKET SIZE, 2020-2027 ($ MILLION)
30. ITALY DECENTRALIZED APPLICATIONS (DAPP) MARKET SIZE, 2020-2027 ($ MILLION)
31. SPAIN DECENTRALIZED APPLICATIONS (DAPP) MARKET SIZE, 2020-2027 ($ MILLION)
32. REST OF EUROPE DECENTRALIZED APPLICATIONS (DAPP) MARKET SIZE, 2020-2027 ($ MILLION)
33. INDIA DECENTRALIZED APPLICATIONS (DAPP) MARKET SIZE, 2020-2027 ($ MILLION)
34. CHINA DECENTRALIZED APPLICATIONS (DAPP) MARKET SIZE, 2020-2027 ($ MILLION)
35. JAPAN DECENTRALIZED APPLICATIONS (DAPP) MARKET SIZE, 2020-2027 ($ MILLION)
36. SOUTH KOREA DECENTRALIZED APPLICATIONS (DAPP) MARKET SIZE, 2020-2027 ($ MILLION)
37. REST OF ASIA-PACIFIC DECENTRALIZED APPLICATIONS (DAPP) MARKET SIZE, 2020-2027 ($ MILLION)
38. REST OF THE WORLD DECENTRALIZED APPLICATIONS (DAPP) MARKET SIZE, 2020-2027 ($ MILLION)
