The number of people who either used or held a cryptocurrency in Mexico was ************ million higher at the end of 2023 than in 2022. This is according to Statista estimates, compiled from various reports and research. The numbers were first trialled in Statista's Crypto pulse check, a quarterly report aimed at mapping out the size and characteristics of crypto markets in 50 different countries worldwide in a cross-comparable way. The anonymity behind cryptocurrencies – a key feature in their design – makes it difficult to find reliable data on a country-level. Consequently, data research on how many people worldwide use this new form of money is in its infancy. The numbers shown here should therefore be regarded as estimates.

Mexico Web 3.0 Blockchain Market is projected to grow around USAD 3.6 billion by 2031, at a CAGR of 13.2% during the forecast period.

Mexico's blockchain market is projected to exceed USD 7.09 billion by 2024–2029, with growth driven by advancements in financial services and digital infrastructure.

Mexico ranked in the top 20 in the world in 2023 in terms of crypto adoption based on transaction volume. This is according to estimates based on web traffic toward individual websites that are used to perform cryptocurrency transactions. Notable is that Mexico slightly prefers decentralized services - such as Decentralized Finance (DeFi) over centralized services. Mexicans also increasing used crypto for P2P exchange, ranking at position 30 out of 146 in the world.

Mexico Blockchain in Smart Home Market is projected to grow around USAD 3.6 billion by 2031, at a CAGR of 13.2% during the forecast period.

Snapshot img { margin: 10px !important; } Web 3.0 Blockchain Market Size 2025-2029

The web 3.0 blockchain market size is forecast to increase by USD 211.1 billion, at a CAGR of 73.6% between 2024 and 2029.

The global web 3.0 blockchain market is being reshaped by the institutionalization of real-world asset tokenization, a driver lending unprecedented credibility and capital to the ecosystem. This process digitizes traditional assets using decentralized protocols, enabling greater liquidity and efficiency. Concurrently, a major trend is the growth of decentralized physical infrastructure networks, which use smart contracts and token incentives to build out real-world services like wireless coverage and data storage. This move towards tangible utility in the blockchain gaming market and fintech blockchain underscores the market's maturation beyond purely financial applications, highlighting advancements in blockchain technology.Despite these positive developments, the market's expansion is constrained by significant regulatory fragmentation and legal uncertainty. This lack of a coherent global framework creates a precarious environment, stifling innovation and deterring institutional investment in web development and data center colocation. Companies must navigate a patchwork of national policies, diverting resources from creating new decentralized applications to managing compliance overhead. This challenge acts as a primary brake on the market, creating potential liabilities that discourage the widespread adoption of solutions built on distributed ledger and consensus algorithms, including the blockchain-as-a-service market.

What will be the Size of the Web 3.0 Blockchain Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019 - 2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market's evolution is characterized by the ongoing development of decentralized protocols and cryptographic security measures aimed at strengthening user sovereignty. This dynamic environment sees continuous refinement of consensus algorithms to improve transactional throughput and network scalability. These advancements are critical for supporting innovation in emergent sectors like the blockchain gaming market, where performance and security are paramount. The focus remains on building a resilient infrastructure that can handle increasingly complex on-chain interactions and data verification processes.Smart contracts and distributed ledger technologies are expanding their utility, extending from their origins in fintech blockchain to new domains such as blockchain technology in energy. The emphasis is on creating robust systems where on-chain data verification and cross-chain interoperability are integral features. This progression fosters a more interconnected digital economy, enabling seamless asset and information flow across previously siloed platforms and contributing to the maturation of a truly decentralized internet.

How is this Web 3.0 Blockchain Industry segmented?

The web 3.0 blockchain industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments. End-userBFSIGovernmentHealthcareOthersApplicationCryptocurrency trading and investmentPayments and smart contracts infrastructureData and transaction storageConversational AIOthersTypePublicPrivateConsortiumHybridGeographyNorth AmericaUSCanadaMexicoEuropeGermanyUKFranceItalyThe NetherlandsSpainAPACChinaJapanIndiaSouth KoreaAustraliaIndonesiaSouth AmericaBrazilArgentinaColombiaMiddle East and AfricaUAESouth AfricaTurkeyRest of World (ROW)

By End-user Insights

The bfsi segment is estimated to witness significant growth during the forecast period.The BFSI sector is a primary adopter of web 3.0 blockchain, leveraging the technology for a range of financial credit services, including lending, borrowing, and secure credit history verification. Investment banks are utilizing tokenization for securities, bonds, and other assets through real-world asset tokenization. High-value physical assets are also being represented as NFTs for trading. Additionally, many enterprises in the industry are implementing blockchain for trade settlement, payments, and trade finance, capitalizing on the efficiencies of decentralized finance.The adoption of digital currencies by central banks and the use of metaverse platforms for employee training further highlight the sector's commitment to digital transformation. This deep integration is driven by the need to enhance security, reduce costs, and improve customer services. In 2023, the BFSI segment accounted for over 56% of the total market, underscoring its foundational role. The growing implementation of digital asset custody and on-chain settlem

Tokenized Securities Platforms Market Outlook

According to our latest research, the Global Tokenized Securities Platforms market size was valued at $2.8 billion in 2024 and is projected to reach $17.6 billion by 2033, expanding at a robust CAGR of 22.5% during 2024–2033. The primary growth driver for this market globally is the accelerating shift towards blockchain-based financial instruments, which offer enhanced transparency, liquidity, and efficiency compared to traditional securities infrastructure. As institutional and retail investors increasingly seek secure, automated, and cost-effective ways to trade and manage assets, tokenized securities platforms have emerged as a pivotal solution, revolutionizing how value is created, transferred, and settled in capital markets.

Regional Outlook

North America currently holds the largest share of the global tokenized securities platforms market, accounting for over 38% of global revenue in 2024. This dominant position is attributed to the region’s mature fintech ecosystem, widespread adoption of blockchain technology, and supportive regulatory frameworks that foster innovation in digital asset management. Major financial centers such as New York and Toronto have become hubs for tokenized securities, with leading banks, asset managers, and technology providers investing heavily in platform development and integration. The presence of established capital markets infrastructure, combined with proactive engagement from regulators like the SEC and FINRA, ensures a robust environment for testing and scaling tokenized securities solutions. As a result, North America continues to set industry benchmarks in terms of both technological advancement and transaction volumes.

Asia Pacific is the fastest-growing region in the tokenized securities platforms market, projected to register a staggering CAGR of 27.1% from 2024 to 2033. The region’s rapid growth is driven by substantial investments in blockchain technology across key markets such as Singapore, Hong Kong, and Japan, where regulators have implemented progressive policies to enable digital asset innovation. The emergence of digital exchanges, government-backed pilot projects, and a burgeoning ecosystem of fintech startups are propelling adoption among institutional and retail investors alike. Additionally, Asia Pacific’s large pool of tech-savvy consumers and increasing cross-border capital flows are accelerating the demand for tokenized equity, debt, and real estate products. Strategic partnerships between global technology providers and local financial institutions further bolster the region’s leadership in next-generation securities infrastructure.

Emerging economies in Latin America and the Middle East & Africa are witnessing gradual adoption of tokenized securities platforms, albeit at a slower pace due to regulatory uncertainty, infrastructure limitations, and lower levels of financial digitization. However, these regions present significant long-term potential as governments and central banks explore the benefits of blockchain for financial inclusion and capital market modernization. In Latin America, countries like Brazil and Mexico are experimenting with sandbox initiatives and pilot projects, aiming to address challenges related to liquidity, transparency, and access to capital. The Middle East, led by the UAE and Saudi Arabia, is focusing on regulatory clarity and digital transformation to attract global investment and foster innovation. While hurdles remain in terms of compliance, education, and technology integration, localized demand for alternative financing and asset diversification is expected to drive future growth.

Report Scope

North America Healthcare Blockchain Market is expected to witness strong growth of around 70% CAGR over the next five years (2022-2027).