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India Web3 In Telecommunications Market

ID: MRFR/ICT/61227-HCR
200 Pages
Aarti Dhapte
February 2026

India Web3 in Telecommunications Market Size, Share and Trends Analysis Report By Type (Public, Private, Consortium, Hybrid) and By Application (Cryptocurrency, Conversational AI, Data & Transaction Storage, Payments, Smart Contracts, Others)- Forecast to 2035

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India Web3 In Telecommunications Market Summary

As per Market Research Future analysis, the India web3 in-telecommunications market size was estimated at 723.67 USD Million in 2024. The India web3 in-telecommunications market is projected to grow from 1077.61 USD Million in 2025 to 57747.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 48.9% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The India web3 in-telecommunications market is poised for substantial growth driven by technological advancements and increasing consumer demand for privacy.

  • Decentralized identity solutions are gaining traction as businesses seek to enhance user privacy and security.
  • Enhanced data security protocols are becoming essential as cyber threats continue to evolve and proliferate.
  • Interoperability between networks is emerging as a critical factor for seamless communication and user experience.
  • the rise of decentralized applications and the increased demand for privacy and security is a key driver propelling market growth..

Market Size & Forecast

2024 Market Size 723.67 (USD Million)
2035 Market Size 57747.0 (USD Million)
CAGR (2025 - 2035) 48.91%

Major Players

Helium (US), Filecoin (US), Akash Network (US), Holo (US), Theta Network (US), Chainlink (US), Polkadot (US), XDC Network (US)

Our Impact
Enabled $4.3B Revenue Impact for Fortune 500 and Leading Multinationals
Partnering with 2000+ Global Organizations Each Year
30K+ Citations by Top-Tier Firms in the Industry

India Web3 In Telecommunications Market Trends

The web3 in-telecommunications market is currently experiencing a transformative phase. This transformation is driven by advancements in decentralized technologies and blockchain applications.. This evolution appears to be reshaping traditional communication frameworks, enabling enhanced security, privacy, and user control. As organizations increasingly adopt decentralized solutions, the market is likely to witness a surge in innovative services that prioritize user autonomy and data integrity. Furthermore, the integration of smart contracts and decentralized applications (dApps) is expected to streamline operations, reduce costs, and improve service delivery across various sectors. In addition, the regulatory landscape is evolving, with authorities exploring frameworks that could support the growth of decentralized telecommunications. This regulatory shift may foster an environment conducive to innovation while ensuring consumer protection. The potential for collaboration between telecommunications providers and blockchain developers suggests a promising future for the web3 in-telecommunications market. As these entities work together, they may create new business models that leverage the strengths of both industries, ultimately enhancing user experiences and expanding market reach.

Decentralized Identity Solutions

The emergence of decentralized identity solutions is reshaping user authentication processes within the web3 in-telecommunications market. These solutions enable individuals to manage their identities securely, reducing reliance on centralized databases. By leveraging blockchain technology, users can maintain control over their personal information, enhancing privacy and security. This trend is likely to gain traction as organizations seek to improve user trust and streamline onboarding processes.

Enhanced Data Security Protocols

As concerns regarding data breaches and privacy continue to rise, the web3 in-telecommunications market is witnessing a shift towards enhanced data security protocols. Utilizing blockchain's immutable ledger capabilities, telecommunications providers are developing solutions that ensure data integrity and confidentiality. This trend may lead to increased consumer confidence and a more secure communication environment, as users become more aware of their data rights.

Interoperability Between Networks

Interoperability between various decentralized networks is becoming a focal point in the web3 in-telecommunications market. This trend suggests that seamless communication across different platforms could enhance user experiences and broaden service offerings. By enabling diverse networks to interact, telecommunications providers may create a more cohesive ecosystem, fostering innovation and collaboration among stakeholders.

India Web3 In Telecommunications Market Drivers

Adoption of 5G Technology

The rollout of 5G technology is a transformative driver for the web3 in-telecommunications market. With its promise of ultra-fast connectivity and low latency, 5G is expected to enable a new wave of applications and services that leverage web3 technologies. In India, the 5G network is anticipated to cover over 50% of urban areas by 2026, facilitating the integration of decentralized solutions in telecommunications. This enhanced connectivity will likely support the proliferation of IoT devices, smart cities, and real-time data analytics, all of which are integral to the web3 ecosystem. As telecommunications providers invest in 5G infrastructure, they are also likely to explore partnerships with web3 developers to create innovative services that meet the evolving needs of consumers. Thus, the adoption of 5G technology is poised to significantly impact the growth trajectory of the web3 in-telecommunications market.

Emergence of Edge Computing

The rise of edge computing is emerging as a critical driver in the web3 in-telecommunications market. By processing data closer to the source, edge computing reduces latency and enhances the performance of decentralized applications. In India, the demand for edge computing solutions is projected to grow at a CAGR of 25% over the next five years, driven by the need for real-time data processing in telecommunications. This technology complements web3 initiatives by enabling faster and more efficient data handling, which is essential for applications such as autonomous vehicles and smart grids. As telecommunications companies adopt edge computing, they are likely to enhance their service offerings, making them more competitive in the market. Consequently, the integration of edge computing with web3 technologies is expected to play a pivotal role in shaping the future of the telecommunications landscape in India.

Government Initiatives and Support

Government initiatives aimed at promoting digital transformation are crucial drivers of the web3 in-telecommunications market. In India, the Digital India program has laid the groundwork for the adoption of advanced technologies, including blockchain and decentralized networks. The government's commitment to fostering innovation is evident through various policies and funding opportunities that encourage startups and established companies to explore web3 solutions. For instance, the allocation of approximately $1 billion for technology development in the telecommunications sector is expected to stimulate growth in this market. Additionally, regulatory frameworks are being developed to facilitate the safe implementation of web3 technologies, which could further enhance investor confidence. As these initiatives gain momentum, they are likely to create a conducive environment for the expansion of the web3 in-telecommunications market in India.

Rise of Decentralized Applications

The emergence of decentralized applications (dApps) is a pivotal driver in the web3 in-telecommunications market. These applications leverage blockchain technology to provide enhanced user experiences, transparency, and security. In India, the adoption of dApps is projected to grow significantly, with estimates suggesting a market size of approximately $1.5 billion by 2026. This growth is fueled by increasing demand for innovative solutions that bypass traditional intermediaries, thereby reducing costs and improving efficiency. As more developers create dApps tailored to telecommunications needs, the market is likely to witness a surge in user engagement and investment. Furthermore, the integration of smart contracts within these applications could streamline operations, making them more appealing to both consumers and businesses. Overall, the rise of dApps is expected to reshape the telecommunications landscape in India, driving the web3 in-telecommunications market forward.

Increased Demand for Privacy and Security

The growing concern over data privacy and security is a significant driver for the web3 in-telecommunications market. With rising incidents of data breaches and cyber threats, Indian consumers are increasingly prioritizing secure communication channels. This trend is reflected in the market, where demand for privacy-focused solutions is expected to rise by over 30% in the next few years. Web3 technologies, such as blockchain, offer robust security features that can protect user data and enhance trust in telecommunications services. As regulatory frameworks evolve to address these concerns, telecommunications providers are likely to invest in web3 solutions that ensure compliance while safeguarding user information. This shift not only enhances customer loyalty but also positions companies as leaders in a competitive market. Consequently, the emphasis on privacy and security is likely to propel the growth of the web3 in-telecommunications market in India.

Market Segment Insights

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

In the India web3 in-telecommunications market, the distribution of market share among type segments reveals that Public blockchain systems dominate significantly, with a majority share attributed to their accessibility and scalability. Private blockchains, while holding considerable interest, lag behind public systems due to their restrictive nature and limited use cases. Consortium blockchains are gaining momentum, particularly in specialized industries that seek a balance between security and collaboration, while hybrid solutions are emerging as a versatile option for diverse applications. The growth trends for these segments indicate a robust interest in Public and Consortium blockchains, driven by the increasing demand for transparency, security, and efficiency in telecommunications. Emerging players are gravitating towards hybrid models to cater to varying business needs, facilitating greater agility. The expanding interest in decentralized applications and governance structures further fuels the potential of consortium models, positioned to become pivotal in facilitating partnerships across different sectors.

Public (Dominant) vs. Consortium (Emerging)

Public blockchains in the India web3 in-telecommunications market are characterized by their open-access nature, enabling anyone to participate in the network, which fosters innovation and user engagement. This dominance is heightened by their ability to support decentralized applications that promote transparency and security. On the other hand, Consortium blockchains are emerging as a tailored solution for organizations seeking collaboration while maintaining control over their data. These systems offer a blend of security and flexibility, making them increasingly attractive for joint ventures and industry partnerships, particularly in sectors requiring shared governance and data integrity. Both segment values are pivotal, albeit with distinct positioning reflecting varying user needs and operational strategies.

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

In the India web3 in-telecommunications market, the application segment exhibits a diverse distribution of market share among key categories. Payments stands out as the largest segment, driven by increasing consumer adoption and the need for efficient transaction methods. Cryptocurrency, while currently smaller, is gaining momentum as digital currencies are becoming more recognized and accepted in various sectors. Growth trends in this segment are being propelled by advancements in blockchain technology, regulatory developments favoring digital transactions, and a rising interest in decentralized finance (DeFi). As organizations and consumers seek innovative solutions to traditional challenges, the shift towards digital assets and automated systems like smart contracts is expected to accelerate, driving further investment and participation in these areas.

Payments (Dominant) vs. Cryptocurrency (Emerging)

Payments, as the dominant force within the application segment of the India web3 in-telecommunications market, showcases its robust position through widespread acceptance across various payment platforms. It offers seamless transaction experiences, crucial for consumers and businesses alike. On the other hand, Cryptocurrency represents an emerging segment, characterized by rapid innovation and adoption. With trends leaning towards decentralization, it addresses the demand for security and transparency in financial transactions. As these two segments compete, the growth of Cryptocurrency may challenge the established dominance of Payments by attracting tech-savvy consumers and businesses eager to explore its potential.

Get more detailed insights about India Web3 In Telecommunications Market

Key Players and Competitive Insights

The web3 in-telecommunications market is currently characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing demand for decentralized communication solutions. Key players such as Helium (US), Filecoin (US), and Akash Network (US) are strategically positioning themselves through innovative approaches and partnerships. Helium (US) focuses on expanding its decentralized wireless network, which allows users to earn tokens by providing coverage. Filecoin (US) emphasizes data storage solutions, leveraging its blockchain technology to enhance security and accessibility. Akash Network (US) is carving a niche in cloud computing, promoting a decentralized marketplace for cloud services, which collectively shapes a competitive environment that prioritizes innovation and user engagement.In terms of business tactics, companies are increasingly localizing their operations to better serve regional markets, optimizing supply chains to enhance efficiency. The market structure appears moderately fragmented, with several players vying for market share, yet the collective influence of major companies is significant. This fragmentation allows for diverse offerings, catering to various consumer needs while fostering healthy competition.

In October Helium (US) announced a partnership with a leading telecommunications provider to expand its network coverage across urban areas in India. This strategic move is likely to enhance Helium's market presence and facilitate greater adoption of its decentralized network, positioning it as a formidable player in urban telecommunications. Similarly, in September 2025, Filecoin (US) launched a new initiative aimed at integrating its storage solutions with existing telecommunications infrastructure, which could potentially streamline data management for telecom operators, thereby enhancing operational efficiency.Moreover, in August 2025, Akash Network (US) secured a significant investment to further develop its decentralized cloud services, indicating a strong commitment to scaling its operations. This investment is expected to bolster its capabilities, allowing it to compete more effectively against traditional cloud service providers, thus reshaping the competitive dynamics within the telecommunications sector.

As of November current trends in the web3 in-telecommunications market are heavily influenced by digitalization, sustainability, and the integration of artificial intelligence (AI). Strategic alliances among companies are becoming increasingly common, as they seek to leverage each other's strengths to enhance service offerings. The competitive differentiation is likely to evolve from traditional price-based competition towards a focus on innovation, technological advancements, and supply chain reliability. This shift suggests that companies that prioritize these aspects will be better positioned to thrive in an increasingly complex market.

Key Companies in the India Web3 In Telecommunications Market include

Industry Developments

Recent developments in the India Web3 in Telecommunications Market highlight significant advancements and shifts among key players. Tech Mahindra has been actively exploring Web3 technologies, while BSNL is focusing on integrating blockchain solutions for enhanced telecommunications services. Reliance Industries, through its subsidiary Jio Platforms, continues to invest heavily in Web3 initiatives to strengthen its market position. Vodafone Idea is also fostering innovations, aiming to enhance customer experience through decentralized applications. 

Notably, Tata Communications announced its strategic partnership with Mavenir in September 2023, expanding its capabilities in cloud-native network solutions, which demonstrates the growing synergy between traditional telecom entities and emerging Web3 technologies. The valuation of companies like Bharti Airtel has shown growth, attributed to the increasing demand for seamless digital connectivity. The Telecom Sector Skill Council has been pivotal in promoting skills necessary for Web3 roles, emphasizing the changing landscape of jobs in the telecommunications sector. Over the past 2-3 years, significant investments have flowed into the market, revealing a transformative shift towards more innovative and decentralized telecommunications solutions, reshaping India's digital economy.

Future Outlook

India Web3 In Telecommunications Market Future Outlook

The Web3 in Telecommunications Market in India is poised for remarkable growth, driven by innovations and increased adoption, with a projected 48.91% CAGR from 2025 to 2035.

New opportunities lie in:

  • Decentralized identity verification solutions for secure user authentication.
  • Blockchain-based billing systems to enhance transparency and reduce fraud.
  • Smart contract applications for automated service agreements and compliance.

By 2035, the market is expected to achieve substantial growth and technological advancement.

Market Segmentation

India Web3 In Telecommunications Market Type Outlook

  • Public
  • Private
  • Consortium
  • Hybrid

India Web3 In Telecommunications Market Application Outlook

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

Report Scope

MARKET SIZE 2024 723.67(USD Million)
MARKET SIZE 2025 1077.61(USD Million)
MARKET SIZE 2035 57747.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 48.91% (2025 - 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 Helium (US), Filecoin (US), Akash Network (US), Holo (US), Theta Network (US), Chainlink (US), Polkadot (US), XDC Network (US)
Segments Covered Type, Application
Key Market Opportunities Integration of decentralized identity solutions enhances security and user control in the web3 in-telecommunications market.
Key Market Dynamics Emerging decentralized applications reshape telecommunications, driving innovation and regulatory adaptation in the web3 landscape.
Countries Covered India
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FAQs

What is the anticipated market size of the India Web3 in Telecommunications Market in 2024?

The India Web3 in Telecommunications Market is expected to be valued at 720.9 million USD in 2024.

What will the market value of the India Web3 in Telecommunications Market be by 2035?

By 2035, the market is projected to reach a value of 4882.0 million USD.

What is the expected CAGR for the India Web3 in Telecommunications Market from 2025 to 2035?

The anticipated CAGR for the market from 2025 to 2035 is 18.993 percent.

Which segment holds the largest market share in the India Web3 in Telecommunications Market?

The Consortium segment is expected to have a significant market presence, valued at 220.0 million USD in 2024 and projected to grow to 1580.0 million USD by 2035.

Who are the key players in the India Web3 in Telecommunications Market?

Major players include Tech Mahindra, BSNL, Reliance Industries, Sify Technologies, and Vodafone Idea.

What is the value of the Public segment in the India Web3 in Telecommunications Market for 2024?

The Public segment is projected to be valued at 140.0 million USD in 2024.

How much is the Private segment expected to be worth by 2035 in the India Web3 in Telecommunications Market?

The Private segment is expected to reach a value of 1300.0 million USD by 2035.

What growth opportunities exist in the India Web3 in Telecommunications Market?

The market is experiencing growth driven by the increasing adoption of decentralized technologies and digital transformations.

How does the growth rate of the India Web3 in Telecommunications Market vary across different segments?

The growth rate is expected to be robust across all segments, particularly in Hybrid and Consortium types due to their increasing applications.

What challenges are currently facing the India Web3 in Telecommunications Market?

Challenges include regulatory hurdles and the need for significant investments to support infrastructure development.

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