Non-Fungible Token (NFT) is a kind of encrypted digital equity certificate based on blockchain technology that cannot be copied, tampered with, or divided. It can be understood as a decentralized “virtual asset”. Or the digital ownership certificate of the physical asset". From a technical perspective, NFTs are issued in the form of smart contracts. A smart contract can issue one or more NFT assets, including physical assets such as physical collections, event tickets, and virtual assets such as images, music, and game props.Non-Fungible Token (NFT) is a kind of encrypted digital equity certificate based on blockchain technology that cannot be copied, tampered with, or divided. It can be understood as a decentralized “virtual asset”. Or the digital ownership certificate of the physical asset". From a technical perspective, NFTs are issued in the form of smart contracts. A smart contract can issue one or more NFT assets, including physical assets such as physical collections, event tickets, and virtual assets such as images, music, and game props.
This report contains market size and forecasts of Non-Fungible Token(NFT) in Global, including the following market information:
Global Non-Fungible Token(NFT) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Non-Fungible Token(NFT) market was valued at 1636.7 million in 2021 and is projected to reach US$ 6252 million by 2028, at a CAGR of 21.1% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Art & Collectible Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Non-Fungible Token(NFT) include OpenSea, Larva Labs, Sky Mavis, Dapper Labs, Decentraland, Yuga Labs, SandBox, Sorare and Solanart, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Non-Fungible Token(NFT) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Non-Fungible Token(NFT) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Non-Fungible Token(NFT) Market Segment Percentages, by Type, 2021 (%)
Art & Collectible
Game
Others
Global Non-Fungible Token(NFT) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Non-Fungible Token(NFT) Market Segment Percentages, by Application, 2021 (%)
Primary Market
Secondary Market
Global Non-Fungible Token(NFT) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Non-Fungible Token(NFT) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Non-Fungible Token(NFT) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Non-Fungible Token(NFT) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
OpenSea
Larva Labs
Sky Mavis
Dapper Labs
Decentraland
Yuga Labs
SandBox
Sorare
Solanart
SuperRare
Gala Games
Foundation
Rarible
MOBOX
MakersPlace