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    US Web3 in Retail Market

    ID: MRFR/ICT/13410-HCR
    100 Pages
    Garvit Vyas
    October 2025

    US Web3 in Retail Market Research Report: Information By Type (Public, Private, Consortium, Hybrid), By Application (Cryptocurrency, Conversational AI, Data & Transaction Storage, Payments, Smart Contracts, Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035.

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    US Web3 in Retail Market Infographic
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    US Web3 in Retail Market Summary

    As per MRFR analysis, the US web3 in-retail market size was estimated at 1919.31 USD Million in 2024.. The US web3 in-retail market is projected to grow from 2477.82 USD Million in 2025 to 31874.34 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 29.1% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US web3 in-retail market is experiencing transformative growth driven by decentralized technologies and evolving consumer preferences.

    • Decentralized marketplaces are gaining traction, reshaping traditional retail dynamics.
    • Enhanced customer experiences through personalized interactions are becoming a focal point for retailers.
    • Sustainability and transparency are increasingly prioritized by consumers, influencing purchasing decisions.
    • the integration of blockchain technology and the rise of decentralized finance (DeFi) are key drivers of market expansion.

    Market Size & Forecast

    2024 Market Size 1919.31 (USD Million)
    2035 Market Size 31874.34 (USD Million)

    Major Players

    Amazon (US), Walmart (US), Alibaba (CN), Shopify (CA), eBay (US), Rakuten (JP), Zalando (DE), JD.com (CN), Target (US)

    US Web3 in Retail Market Trends

    The web3 in-retail market is currently experiencing a transformative phase. This growth is driven by advancements in blockchain technology and decentralized applications. Retailers are increasingly adopting web3 solutions to enhance customer engagement, streamline operations, and improve supply chain transparency. This shift appears to be motivated by a growing consumer demand for secure and transparent transactions, as well as a desire for personalized shopping experiences. As businesses explore the potential of decentralized finance and non-fungible tokens, the landscape of retail is evolving, suggesting a future where traditional and digital commerce converge seamlessly. Moreover, the integration of web3 technologies into retail operations seems to be fostering new business models that prioritize customer ownership and data privacy. Retailers are leveraging smart contracts to automate processes, thereby reducing costs and increasing efficiency. The rise of decentralized marketplaces indicates a shift towards peer-to-peer transactions, which may disrupt conventional retail paradigms. As the web3 in-retail market continues to mature, it is likely to attract significant investment and innovation, paving the way for a more decentralized and consumer-centric retail environment.

    Decentralized Marketplaces

    Decentralized marketplaces are gaining traction, allowing consumers to engage in peer-to-peer transactions without intermediaries. This trend promotes transparency and reduces transaction costs, appealing to a growing segment of consumers who value autonomy and direct engagement with sellers.

    Enhanced Customer Experience

    The web3 in-retail market is focusing on enhancing customer experiences through personalized interactions and loyalty programs powered by blockchain technology. Retailers are utilizing data ownership models to provide tailored offerings, fostering deeper connections with consumers.

    Sustainability and Transparency

    Sustainability is becoming a core principle within the web3 in-retail market. Retailers are increasingly adopting blockchain to ensure supply chain transparency, enabling consumers to verify the origins of products and make informed purchasing decisions.

    US Web3 in Retail Market Drivers

    Emergence of Smart Contracts

    The emergence of smart contracts is poised to revolutionize the web3 in-retail market. These self-executing contracts, which are coded on blockchain, facilitate automated transactions without the need for intermediaries. In the US, the adoption of smart contracts is gaining traction, with a projected market growth rate of 30% annually. This technology not only streamlines operations but also reduces costs associated with traditional contract management. Retailers that leverage smart contracts can enhance efficiency and improve customer satisfaction by ensuring timely and accurate transactions. Consequently, the web3 in-retail market is likely to expand as more businesses recognize the benefits of integrating smart contracts into their operations.

    Increased Focus on Data Privacy

    An increased focus on data privacy is shaping the landscape of the web3 in-retail market. With growing concerns over data breaches and misuse, consumers are becoming more cautious about sharing personal information. In the US, a survey indicated that 70% of consumers are more likely to shop with brands that prioritize data protection. This shift compels retailers to adopt web3 solutions that enhance user privacy, such as decentralized identity verification systems. By implementing these technologies, retailers can build trust and foster long-term relationships with customers. As a result, the web3 in-retail market may witness accelerated growth, driven by the demand for privacy-centric shopping experiences.

    Integration of Blockchain Technology

    The integration of blockchain technology into the web3 in-retail market appears to be a pivotal driver. This technology facilitates secure and transparent transactions, which are increasingly demanded by consumers. In the US, the adoption of blockchain solutions has surged, with a reported increase of 45% in retail businesses implementing blockchain for supply chain management. This shift not only enhances trust but also reduces fraud, thereby potentially increasing consumer confidence in online purchases. Furthermore, the ability to track product provenance through blockchain may appeal to consumers who prioritize ethical sourcing. As retailers embrace this technology, the web3 in-retail market is likely to experience significant growth due to the demand for enhanced security and transparency.

    Rise of Decentralized Finance (DeFi)

    The rise of decentralized finance (DeFi) is emerging as a crucial driver for the web3 in-retail market. DeFi platforms enable retailers to offer innovative financial solutions, such as crypto payment options and lending services, directly to consumers. In the US, the DeFi market has expanded rapidly, with a valuation exceeding $80 billion, indicating a strong consumer interest in alternative financial services. This trend suggests that retailers who integrate DeFi solutions may attract a broader customer base, particularly among tech-savvy consumers. Additionally, the potential for lower transaction fees and faster payment processing could enhance the overall shopping experience, further propelling the growth of the web3 in-retail market.

    Consumer Demand for Digital Ownership

    Consumer demand for digital ownership is increasingly influencing the web3 in-retail market. As more individuals seek to own digital assets, such as NFTs, retailers are exploring ways to incorporate these assets into their offerings. In the US, the NFT market has seen explosive growth, with sales reaching over $10 billion in 2021 alone. This trend indicates a shift in consumer behavior, where ownership of digital goods is becoming as valued as physical products. Retailers that leverage this demand by offering unique digital collectibles or experiences may find themselves at a competitive advantage. Consequently, the web3 in-retail market is likely to evolve, driven by the desire for digital ownership and the associated benefits.

    Market Segment Insights

    By Type: Public (Largest) vs. Private (Fastest-Growing)

    In the US web3 in-retail market, the type segment is characterized by varying market shares among public, private, consortium, and hybrid types. Public entities dominate this landscape, bolstered by their accessibility and transparency, attracting a broad consumer base. Private types are gradually gaining ground, benefiting from their flexibility and the increasing demand for personalized retail experiences. Consortium and hybrid types hold smaller shares, but continue to attract interest as collaborative models and mixed strategies emerge in the retail sector. Growth trends in this segment are driven by increasing digital adoption and the pursuit of innovative solutions in retail. Public types leverage established infrastructures and consumer trust, while private types capitalize on niche markets and customized offerings. The rise of decentralized finance (DeFi) and non-fungible tokens (NFTs) further fosters growth within the private sector. As both segments evolve, the interplay between established public frameworks and agile private solutions shapes the future of retail.

    Public: Dominant vs. Private: Emerging

    Public types are characterized by their broad accessibility and trustworthiness, often leveraging blockchain technology to enhance transparency and governance in retail operations. They attract a significant portion of consumers who prefer established and well-regulated frameworks. In contrast, private types are emerging as dynamic competitors, offering tailored experiences that respond to individual consumer preferences. This flexibility allows private entities to quickly adapt to market changes and innovate in service delivery, positioning them as strong contenders in a rapidly evolving landscape. As both segment values continue to grow, the competition between established public frameworks and innovative private solutions is likely to intensify, driving further advancements in the US web3 in-retail market.

    By Application: Payments (Largest) vs. Cryptocurrency (Fastest-Growing)

    The US web3 in-retail market displays a diverse application segmentation, with Payments holding the largest market share due to its established integration within traditional retail systems. Meanwhile, Cryptocurrency has emerged as a compelling alternative payment method, capturing significant attention among tech-savvy consumers and retailers. Other segments like Conversational AI and Smart Contracts are also gaining traction, but they currently represent smaller portions of the overall market. Growth trends indicate that the Payments segment will continue to dominate, driven by the increasing adoption of blockchain technology in transaction processing. In contrast, Cryptocurrency is rapidly expanding as a method of payment, fueled by rising consumer acceptance and the ongoing development of user-friendly platforms. As retailers seek innovative solutions, Conversational AI and Smart Contracts are likely to gain momentum, appealing to businesses looking to streamline operations and enhance customer engagement.

    Payments (Dominant) vs. Cryptocurrency (Emerging)

    Payments as a dominant application in the US web3 in-retail market is characterized by its established presence and seamless integration with existing retail infrastructures. Retailers widely utilize this segment to enhance transaction speed and security, resulting in higher consumer trust. Conversely, Cryptocurrency is emerging as a significant player, attracting attention due to its innovative approach to transactions and potential for anonymity. While Payments leverage existing frameworks to deliver swift solutions, Cryptocurrency thrives on fostering a decentralized transaction ecosystem, which appeals to a growing demographic seeking alternatives to conventional payment methods. Both segments reflect the evolving landscape in retail where technology supports greater consumer choices and operational efficiency.

    Get more detailed insights about US Web3 in Retail Market

    Key Players and Competitive Insights

    The web3 in-retail market is currently characterized by a dynamic competitive landscape, driven by rapid technological advancements and evolving consumer preferences. Major players such as Amazon (US), Walmart (US), and Shopify (CA) are at the forefront, each adopting distinct strategies to enhance their market positioning. Amazon (US) continues to innovate through its extensive logistics network and cloud computing capabilities, while Walmart (US) focuses on integrating blockchain technology to streamline supply chains and improve transparency. Shopify (CA) emphasizes empowering small to medium-sized enterprises (SMEs) by providing them with tools to leverage web3 technologies, thus fostering a decentralized retail ecosystem. Collectively, these strategies contribute to a competitive environment that is increasingly focused on technological integration and consumer-centric solutions.

    Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance efficiency and responsiveness. The competitive structure appears moderately fragmented, with a mix of established giants and emerging players vying for market share. The influence of key players is substantial, as they set benchmarks for innovation and operational excellence, thereby shaping industry standards and consumer expectations.

    In October 2025, Amazon (US) announced the launch of its new decentralized marketplace, which utilizes blockchain technology to facilitate peer-to-peer transactions. This strategic move is significant as it not only enhances consumer trust through transparency but also positions Amazon (US) as a pioneer in the web3 space, potentially attracting a new demographic of tech-savvy consumers. The implications of this initiative could redefine the traditional e-commerce model, allowing for greater autonomy among sellers and buyers alike.

    In September 2025, Walmart (US) unveiled its partnership with a leading blockchain firm to enhance its supply chain tracking capabilities. This collaboration aims to improve product traceability and reduce fraud, which is increasingly critical in today’s retail environment. By leveraging blockchain, Walmart (US) is likely to bolster its reputation for reliability and safety, which may translate into increased consumer loyalty and market share.

    In August 2025, Shopify (CA) introduced a suite of web3 tools designed to help merchants integrate decentralized finance (DeFi) solutions into their operations. This initiative is particularly noteworthy as it empowers retailers to access new financial avenues, potentially increasing their operational flexibility and profitability. By facilitating access to DeFi, Shopify (CA) is not only enhancing its value proposition but also positioning itself as a leader in the democratization of retail finance.

    As of November 2025, current competitive trends are heavily influenced by digitalization, sustainability, and the integration of artificial intelligence (AI) into retail operations. Strategic alliances among key players are shaping the landscape, fostering innovation and collaboration. The shift from price-based competition to a focus on technological differentiation and supply chain reliability is evident. Moving forward, companies that prioritize innovation and adaptability are likely to thrive, as the market continues to evolve towards a more interconnected and technologically advanced future.

    Key Companies in the US Web3 in Retail Market market include

    Future Outlook

    US Web3 in Retail Market Future Outlook

    The web3 in-retail market is projected to grow at a 29.1% CAGR from 2024 to 2035, driven by enhanced customer engagement, decentralized finance, and blockchain technology integration.

    New opportunities lie in:

    • Development of decentralized loyalty programs leveraging blockchain technology.
    • Implementation of NFT-based product authentication systems.
    • Creation of immersive shopping experiences using virtual reality and augmented reality.

    By 2035, the market is expected to be robust, driven by innovative technologies and evolving consumer preferences.

    Market Segmentation

    US Web3 in Retail Market Type Outlook

    • Public
    • Private
    • Consortium
    • Hybrid

    US Web3 in Retail Market Application Outlook

    • Cryptocurrency
    • Conversational AI
    • Data & Transaction Storage
    • Payments
    • Smart Contracts
    • Others

    Report Scope

    MARKET SIZE 2024 1919.31(USD Million)
    MARKET SIZE 2025 2477.82(USD Million)
    MARKET SIZE 2035 31874.34(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 29.1% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Amazon (US), Walmart (US), Alibaba (CN), Shopify (CA), eBay (US), Rakuten (JP), Zalando (DE), JD.com (CN), Target (US)
    Segments Covered Type, Application
    Key Market Opportunities Integration of decentralized finance solutions enhances customer engagement and loyalty in the web3 in-retail market.
    Key Market Dynamics Emerging blockchain technologies reshape consumer engagement and loyalty programs in the web3 in-retail market.
    Countries Covered US

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    FAQs

    What is the expected market size of the US Web3 in Retail Market for the year 2024?

    The US Web3 in Retail Market is expected to be valued at 2.2 billion USD in 2024.

    What is the forecasted market size for the US Web3 in Retail Market by the year 2035?

    By 2035, the US Web3 in Retail Market is anticipated to reach a valuation of 180.0 billion USD.

    What is the expected compound annual growth rate (CAGR) for the US Web3 in Retail Market from 2025 to 2035?

    The expected CAGR for the US Web3 in Retail Market from 2025 to 2035 is 49.244%.

    Which type segment is projected to dominate the US Web3 in Retail Market by 2035?

    The Private type segment is projected to dominate the market, reaching 90.0 billion USD by 2035.

    What is the projected value of the Public type segment in the US Web3 in Retail Market by 2035?

    The Public type segment is projected to be valued at 45.0 billion USD in 2035.

    Who are some of the key players in the US Web3 in Retail Market?

    Key players in the US Web3 in Retail Market include Ethereum Foundation, OpenSea, Walmart, and Meta.

    What is the expected market value of the Consortium type segment in 2024?

    The Consortium type segment is expected to be valued at 0.4 billion USD in 2024.

    What growth opportunities are expected in the US Web3 in Retail Market?

    Significant growth opportunities are anticipated due to increasing digital transactions and the push for decentralized platforms.

    What is the expected value of the Hybrid type segment in the US Web3 in Retail Market by 2035?

    The Hybrid type segment is expected to reach a value of 15.0 billion USD by 2035.

    What challenges are currently faced by the US Web3 in Retail Market?

    Challenges include regulatory uncertainty and the need for consumer education on blockchain technologies.

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