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.
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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.
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Global Decentralized Applications (DAPP) Market Segmentation
By Blockchain
- EOS
- TRON
- Ethereum
- IOST
- Steem
- Neo
- Others
By Application
- Game Application
- Financial Application
- Lottery Application
- Social Application
- Transaction Application
- Others
By End-User
- E-commerce& Logistics
- Healthcare& Pharmaceuticals
- Automotive
- Others
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Arctourch Inc.
- Blockchain Intelligence Group Inc.
- Consensys
- Fueled Technologies Pvt. Ltd.
- Hyperlink Infosystem
- Ionixx Technologies Pvt. Ltd.
- LimechainLCC
- Ontology
- Oodles Technologies
- Openledger
- Perfectial Group
- S A Eonsofttech Pvt. Ltd.
- Sara Technologies Inc.
- Solulab Inc.
- The Linux Foundation
- Thunder Token Ltd.
- 10clouds
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