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The global market for Web3 Storage was valued at US$ 74.6 million in the year 2024 and is projected to reach a revised size of US$ 184 million by 2031, growing at a CAGR of 9.7% during the forecast period.
The rise of web3 has also led to the demand for decentralized storage solutions allowing users to store, retrieve, and maintain their data. According to a new report published by Holon and Filecoin, web3 data storage could solve the global data storage crisis. The collaborative report from Holon and Filecoin states that the current centralized data storage model won't be able to handle future data demand. As per the report, global data generation grew to 79 ZB last year, up from just 2 ZB in 2010. Data generated by IoT, electrical vehicles, virtual and augmented reality, and 5G will increase the global data footprint by more than 300 times to meet future demand. The cost to reach a 3 ZB global data center footprint is estimated at more than US$300 billion. The report stated that expanding this global footprint by more than 300x to meet future demands will likely cost US$100 trillion. This is far too much to bear by existing cloud service providers. Decentralized data storage may be the answer to this. Web3 Storage refers to decentralized storage solutions designed specifically for the Web3 ecosystem, which includes blockchain-based applications, decentralized applications (DApps), NFTs, and other decentralized technologies. Web3 storage leverages blockchain and peer-to-peer (P2P) technologies to provide secure, censorship-resistant, and scalable storage options.Web3 storage is a critical component of the decentralized web, enabling secure, scalable, and censorship-resistant storage solutions for the next generation of internet applications.
North American market for Web3 Storage is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Web3 Storage is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for Web3 Storage in Enterprise is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Web3 Storage include Protocol Labs, Arweave, AWS, Microsoft, Storj Labs Inc, Sia Tech, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Web3 Storage, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Web3 Storage.
The Web3 Storage market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Web3 Storage market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Web3 Storage companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Protocol Labs
Arweave
AWS
Microsoft
Storj Labs Inc
Sia Tech
Segment by Type
Pay-as-You-Go
Subscription-Based
Free Tier
Segment by Application
Enterprise
Individual
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Web3 Storage company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.