Blockchain Messaging Apps Market Growth & Trends:
The global blockchain messaging apps market size is expected to reach USD 536.5 million by 2030, growing at a CAGR of 43.6% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The rising demand for data privacy and increasing advancements in Web 3.0 across the globe is anticipated to drive market growth. For instance, according to the Electric Capital Developer Report 2021, more than 18,416 monthly active Web3 developers are working on open-source crypto and Web 3.0 projects.
The rapid rise in access to the internet and frequent development in internet speed with the deployment of the 5G and 6G technologies are further expected to fuel the market's growth. For instance, according to DataReportal 2022, around 5.07 billion people worldwide have access to and use the internet, equivalent to almost 63.5% of the total world's population. Furthermore, the inadequate security offered by traditional messaging platforms is expected to create demand for blockchain messaging apps owing to their high-security feature.
Furthermore, the increasing advancements in decentralized messaging applications, such as the addition of features, including crypto wallet and payments, among others is expected to drive the market's growth. For instance, in April 2022, a blockchain-based decentralized computer network technology designed by Telegram known as Open Network (TON) announced the addition of a bot. With this addition of bot, Telegram enabled its users to send cryptocurrency to other users through chat.
The global COVID-19 outbreak has been favorable to market growth. The growing use of social media and the internet during the COVID-19 pandemic created immense opportunities for the market to grow in future years. Moreover, the increasing awareness among users about the exploitation of privacy has resulted in a growing demand for alternative messaging platforms, such as blockchain chatting apps.
Blockchain Messaging Apps Market Report Highlights:
- The android segment dominated the market in 2021. Android is a cost-effective and high-functionality operating system preferred by individuals, contributing to the segment's growth
- The message segment dominated the market in 2021. The rising demand for secured and decentralized blockchain-based messaging apps from businesses and individuals is expected to drive the growth of the segment during the forecast period
- The individual segment is expected to emerge as the fastest-growing segment during the forecast period. The growth of the segment is attributed to the growing popularity of cryptocurrency and features such as requesting money and transferring cryptocurrency through chat to other contacts
- The Asia Pacific regional market is expected to register rapid growth during the forecast period. The increasing digitalization and adoption of new technologies across the region are expected to increase the adoption of blockchain messaging apps
Table of Contents
Chapter 1 Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope and Assumptions
- 1.3. List of Data Sources
Chapter 2 Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3 Blockchain Messaging Apps Industry Outlook
- 3.1. Market Segmentation and Scope
- 3.2. Blockchain Messaging Apps Market - Value Chain Analysis
- 3.3. Blockchain Messaging Apps Market - Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.1.1. Increasing penetration of smartphones and internet
- 3.3.1.2. Rising demand for high privacy in messaging apps
- 3.3.2. Market challenge analysis
- 3.3.2.1. High cost associated with the blockchain messaging apps
- 3.3.3. Market opportunity analysis
- 3.3.3.1. Emergence of Web 3.0
- 3.4. Blockchain Messaging Apps Market - Porter's Five Forces Analysis
- 3.5. Blockchain Messaging Apps Market - PESTEL Analysis
Chapter 4 Blockchain Messaging Apps Operating System Outlook
- 4.1. Blockchain Messaging Apps Market Share By Operating System, 2021
- 4.2. Android
- 4.2.1. Android blockchain messaging apps market, 2019 - 2030
- 4.3. iOS
- 4.3.1. iOS blockchain messaging apps market, 2019 - 2030
- 4.4. Others
- 4.4.1. Others blockchain messaging apps market, 2019 - 2030
Chapter 5 Blockchain Messaging Apps Application Outlook
- 5.1. Blockchain Messaging Apps Market Share By Application, 2021
- 5.2. Payment
- 5.2.1. Blockchain messaging apps market in payment, 2019 - 2030
- 5.3. Message
- 5.3.1. Blockchain messaging apps market in message, 2019 - 2030
Chapter 6 Blockchain Messaging Apps End User Outlook
- 6.1. Blockchain Messaging Apps Market Share By End User, 2021
- 6.2. Individual
- 6.2.1. Blockchain messaging apps market by individual, 2019 - 2030
- 6.3. Business
- 6.3.1. Blockchain messaging apps market by business, 2019 - 2030
Chapter 7 Blockchain Messaging Apps Regional Outlook
- 7.1. Blockchain Messaging Apps Market Share By Region, 2021
- 7.2. North America
- 7.2.1. North America blockchain messaging apps market, 2019 - 2030
- 7.2.2. North America blockchain messaging apps market, by operating system, 2019 - 2030
- 7.2.3. North America blockchain messaging apps market, by application, 2019 - 2030
- 7.2.4. North America blockchain messaging apps market, by end-user, 2019 - 2030
- 7.2.5. U.S.
- 7.2.5.1. U.S. blockchain messaging apps market, 2019 - 2030
- 7.2.5.2. U.S. blockchain messaging apps market, by operating system, 2019 - 2030
- 7.2.5.3. U.S. blockchain messaging apps market, by application, 2019 - 2030
- 7.2.5.4. U.S. blockchain messaging apps market, by end-user, 2019 - 2030
- 7.2.6. Canada
- 7.2.6.1. Canada blockchain messaging apps market, 2019 - 2030
- 7.2.6.2. Canada blockchain messaging apps market, by operating system, 2019 - 2030
- 7.2.6.3. Canada blockchain messaging apps market, by application, 2019 - 2030
- 7.2.6.4. Canada blockchain messaging apps market, by end-user, 2019 - 2030
- 7.3. Europe
- 7.3.1. Europe blockchain messaging apps market, 2019 - 2030
- 7.3.2. Europe blockchain messaging apps market, by operating system, 2019 - 2030
- 7.3.3. Europe blockchain messaging apps market, by application, 2019 - 2030
- 7.3.4. Europe blockchain messaging apps market, by end-user, 2019 - 2030
- 7.3.5. U.K.
- 7.3.5.1. U.K. blockchain messaging apps market, 2019 - 2030
- 7.3.5.2. U.K. blockchain messaging apps market, by operating system, 2019 - 2030
- 7.3.5.3. U.K. blockchain messaging apps market, by application, 2019 - 2030
- 7.3.5.4. U.K. blockchain messaging apps market, by end-user, 2019 - 2030
- 7.3.6. Germany
- 7.3.6.1. Germany blockchain messaging apps market, 2019 - 2030
- 7.3.6.2. Germany blockchain messaging apps market, by operating system, 2019 - 2030
- 7.3.6.3. Germany blockchain messaging apps market, by application, 2019 - 2030
- 7.3.6.4. Germany blockchain messaging apps market, by end-user, 2019 - 2030
- 7.3.7. France
- 7.3.7.1. France blockchain messaging apps market, 2019 - 2030
- 7.3.7.2. France blockchain messaging apps market, by operating system, 2019 - 2030
- 7.3.7.3. France blockchain messaging apps market, by application, 2019 - 2030
- 7.3.7.4. France blockchain messaging apps market, by end-user, 2019 - 2030
- 7.3.8. Netherlands
- 7.3.8.1. Netherlands blockchain messaging apps market, 2019 - 2030
- 7.3.8.2. Netherlands blockchain messaging apps market, by operating system, 2019 - 2030
- 7.3.8.3. Netherlands blockchain messaging apps market, by application, 2019 - 2030
- 7.3.8.4. Netherlands blockchain messaging apps market, by end-user, 2019 - 2030
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific blockchain messaging apps market, 2019 - 2030
- 7.4.2. Asia Pacific blockchain messaging apps market, by operating system, 2019 - 2030
- 7.4.3. Asia Pacific blockchain messaging apps market, by application, 2019 - 2030
- 7.4.4. Asia Pacific blockchain messaging apps market, by end-user, 2019 - 2030
- 7.4.5. Japan
- 7.4.5.1. Japan blockchain messaging apps market, 2019 - 2030
- 7.4.5.2. Japan blockchain messaging apps market, by operating system, 2019 - 2030
- 7.4.5.3. Japan blockchain messaging apps market, by application, 2019 - 2030
- 7.4.5.4. Japan blockchain messaging apps market, by end-user, 2019 - 2030
- 7.4.6. Australia
- 7.4.6.1. Australia blockchain messaging apps market, 2019 - 2030
- 7.4.6.2. Australia blockchain messaging apps market, by operating system, 2019 - 2030
- 7.4.6.3. Australia blockchain messaging apps market, by application, 2019 - 2030
- 7.4.6.4. Australia blockchain messaging apps market, by end-user, 2019 - 2030
- 7.4.7. South Korea
- 7.4.7.1. South Korea blockchain messaging apps market, 2019 - 2030
- 7.4.7.2. South Korea blockchain messaging apps market, by operating system, 2019 - 2030
- 7.4.7.3. South Korea blockchain messaging apps market, by application, 2019 - 2030
- 7.4.7.4. South Korea blockchain messaging apps market, by end-user, 2019 - 2030
- 7.5. Latin America
- 7.5.1. Latin America blockchain messaging apps market, 2019 - 2030
- 7.5.2. Latin America blockchain messaging apps market, by operating system, 2019 - 2030
- 7.5.3. Latin America blockchain messaging apps market, by application, 2019 - 2030
- 7.5.4. Latin America blockchain messaging apps market, by end-user, 2019 - 2030
- 7.5.5. Brazil
- 7.5.5.1. Brazil blockchain messaging apps market, 2019 - 2030
- 7.5.5.2. Brazil blockchain messaging apps market, by operating system, 2019 - 2030
- 7.5.5.3. Brazil blockchain messaging apps market, by application, 2019 - 2030
- 7.5.5.4. Brazil blockchain messaging apps market, by end-user, 2019 - 2030
- 7.6. MEA
- 7.6.1. MEA blockchain messaging apps market, 2019 - 2030
- 7.6.2. MEA blockchain messaging apps market, by operating system, 2019 - 2030
- 7.6.3. MEA blockchain messaging apps market, by application, 2019 - 2030
- 7.6.4. MEA blockchain messaging apps market, by end-user, 2019 - 2030
Chapter 8 Competitive Analysis
- 8.1. Recent Developments and Impact Analysis, by Key Market Participants
- 8.2. Company Categorization
- 8.3. Vendor Landscape
- 8.3.1. Key company market share analysis, 2021
- 8.4. Company Analysis Tools
- 8.4.1. Company market position analysis
- 8.4.2. Competitive dashboard analysis
Chapter 9 Competitive Landscape
- 9.1. CYBER DUST
- 9.1.1. Company overview
- 9.1.2. Financial performance
- 9.1.3. Product benchmarking
- 9.1.4. Strategic initiatives
- 9.2. Status
- 9.2.1. Company overview
- 9.2.2. Financial performance
- 9.2.3. Product benchmarking
- 9.2.4. Strategic initiatives
- 9.3. Crypviser
- 9.3.1. Company overview
- 9.3.2. Financial performance
- 9.3.3. Product benchmarking
- 9.3.4. Strategic initiatives
- 9.4. Sappchat.com
- 9.4.1. Company overview
- 9.4.2. Financial performance
- 9.4.3. Product benchmarking
- 9.4.4. Strategic initiatives
- 9.5. Signal
- 9.5.1. Company overview
- 9.5.2. Financial performance
- 9.5.3. Product benchmarking
- 9.5.4. Strategic initiatives
- 9.6. Solana Foundation
- 9.6.1. Company overview
- 9.6.2. Financial performance
- 9.6.3. Product benchmarking
- 9.6.4. Strategic initiatives
- 9.7. Crypto-Chat
- 9.7.1. Company overview
- 9.7.2. Financial performance
- 9.7.3. Product benchmarking
- 9.7.4. Strategic initiatives
- 9.8. Telegram
- 9.8.1. Company overview
- 9.8.2. Financial performance
- 9.8.3. Product benchmarking
- 9.8.4. Strategic initiatives
- 9.9. Beepo LLC
- 9.9.1. Company overview
- 9.9.2. Financial performance
- 9.9.3. Product benchmarking
- 9.9.4. Strategic initiatives
- 9.10. CryptoDATA
- 9.10.1. Company overview
- 9.10.2. Financial performance
- 9.10.3. Product benchmarking
- 9.10.4. Strategic initiatives