Web 3.0 – which has the potential to bring about dramatic shifts in the industry, such as decentralization and democratization of data – seems to be ushering in new investing opportunities for enterprises and IT service providers.
Multiple start-ups have emerged in the past few years to build a decentralized web and are changing the nature of the internet as we know it. With growing decentralization and investor attention, capital infusion by investors and acquisitions by big tech players have increased considerably.
In this research, we assess 15 start-ups and focus on their innovations, growth stories, and market impact.
Scope:
The assessment is based on primary interactions with selected organizations and Everest Group’s ongoing tracking of the Web 3.0 landscape
To address evolving customer expectations, enterprises are adopting many point solutions and industry-specific Software-as-a-Service (SaaS) offerings. These solutions have resulted in a technology sprawl and scattered data across siloed systems, maki…