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The growth in demand for fast and secure online transactions, and the growing adoption of blockchain technology are driving the market demand.

VANCOUER, BC, CANADA, July 27, 2022 /EINPresswire.com/ -- The global DApps Market is forecasted to reach USD 368.25 Billion by 2027, according to a new report by Emergen Research. The DApps market is anticipated to expand significantly due to the growing rate of online gambling along with the need for a peer-peer transaction to reduce the chances of online payment breakdowns.The continual adoption of advanced technology and IoT based applications among the users is augmenting the market growth. Moreover, DApps is an open-source application, which means to build this application, developers are not required to take permission from any authority. Besides, the cost-effective development charges to build a decentralized application are also stimulating the overall market growth.

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Decentralized Applications (Dapps) Market has witnessed a growth from USD million from 2017 to 2022 with a highest CAGR is estimated to reach USD in 2027.

The Research Report focuses on competitive landscape of industry that includes company profiles, business overview, sales area, market performance and manufacturing cost structure. The report analyzes the global primary production, consumption, and fastest-growing countries with prominent players in the global industry. Key market observation is showed to make key findings on business growth. In the competitive assessment section, this Decentralized Applications (Dapps) Market report sheds light on the list of manufacturers, market conditions, current trends, company profiles, and market innovations. It also includes various growth opportunities of top players.

Decentralized Applications (Dapps) Market : Competitive Landscape

The prominent players operating in the Decentralized Applications (Dapps) Market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Decentralized Applications (Dapps) Market .

Some of the prominent players operating in the market are:

ConsenSys, Blockchain
Intelligence Group Inc.,
SoluLab Inc, Arctouch Inc,
10clouds, OpenLedger,
Ionixx Technologies Private Limited,
Hyperlink InfoSystem,
Perfectial Group,
Fueled Technologies Pvt. Ltd

Browse Full Report Description + Research Methodology + Table of Content + Infographics@

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The report offers these individuals a vivid description of the competitive spectrum of the global Decentralized Applications (Dapps) Market .The global health emergency has beleaguered the global economy, thereby disrupting this particular business domain’s functioning mechanism. It assesses the present market scenario and forecasts the pandemic’s aftermath in this business sector to help organizations boost their COVID-19 preparedness.

What’s Included in the Report –

Global Decentralized Applications (Dapps) Market size and growth projections, 2020-2027

Industry Segmentation and regional growth revenue forecast for market

Competitive landscape, strategies and market share analysis

Decentralized Applications (Dapps) Market size, share, and growth projections across regions and countries

Decentralized Applications (Dapps) Market size and CAGR of key products, applications, and end-user verticals

Short and long term Decentralized Applications (Dapps) Market trends, drivers, restraints, and opportunities

Porter’s Five forces analysis

Some Key Highlights From the Report :

The EOS holds the largest market share, followed by TRON due to the rise of the popularity of innovative games and gambling applications. Most of the gambling and gaming DApps are hosted on EOS and TRON. Besides, the extreme scalability of EOS in terms of transaction per second provides a better platform to develop various DApps for developers.

Although the acceptance of finance DApps high-risk and gambling category is dominating the market, due to the flexible regulations and fund protection facilities, the gambling category remains the topmost used application by the user.

The E-Commerce industry is expected to grow at the fastest rate throughout the forecasted period, followed by the healthcare industry. Increasing usage of smart contracts and demand for the safer transaction process in the e-commerce business is fueling the DApps market. The healthcare industry will experience significant growth with 56.5% CAGR in the anticipated timeframe owing to features like data sharing through the DApps among hospitals and medical experts for better treatment of patients.

Escalating demand for more convenient business transaction management and acceptance of digitalization among several industries is propelling the DApps market in North America, which is expected to achieve a significant market share.

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Emergen Research has segmented the global dApps market based on blockchain, category, end-use industry, and region:

Type Blockchain (Revenue, USD Billion; 2017-2027)
EOS
TRON
Ethereum
IOST
Steem
Neo
Others

Category Outlook (Revenue, USD Billion; 2017-2027)
Gambling
Exchange
High-Risk
Game
Others

End-Use Industry Outlook (Revenue, USD Billion; 2017-2027)
E-Commerce
Healthcare
Transportation
Others

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Regional Bifurcation of the Decentralized Applications (Dapps) Market Includes:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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About Us :

Emergen research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Eric Lee
Emergen Research
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