Report Highlights
The global NFTs market should reach $37.6 billion by 2022 and $125.6 billion by 2027, with a compound annual growth rate (CAGR) of 27.3% during the forecast period of 2022-2027.
Report Includes
- 37 data tables and 37 additional tables
- A comprehensive overview and up-to-date analysis of the global markets for non-fungible tokens (NFTs)
- Analyses of the global market trends, with historic market revenue data for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Estimation of the actual market size and revenue forecast for non-fungible tokens in USD million values, and their corresponding market share analysis by technology type, product segment, end-use industry, and geographic region
- Updated information on market opportunities and drivers in the NFTs and other blockchain based crypto markets, key shifts and trends, regulations and industry specific challenges, and other factors that will shape this market demand over the coming years (2022-2027)
- Coverage of the technological, economic, and business considerations of non-fungible tokens market, with analyses and growth forecasts through 2027
- Discussion of the industry value chain analysis for non-fungible tokens providing a systematic study of key intermediaries involved, with emphasis on solutions and service providers and major types of end-use industries across different regions
- Evaluation of the companies best positioned to meet this market demand owing to their proprietary technologies, product launches, mergers and acquisition deals, and other strategic advantages
- A relevant patent analysis on NFTs with significant allotments of patent data across each major category
- Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
- Company profiles of major players within the industry, including Cloudflare, Inc.; Foundation Inc.; Gemini Trust Company, LLC; OpenSea and Rarible
Report Scope
In this report, the market has been segmented based on market type, asset type, product type, end user, and geography. The report provides an overview of the global NFTs market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period 2022-2027. Market values have been estimated based on the total revenue of NFTs providers.
The report covers the market for NFTs with regards to the user base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for NFTs in 2021 and provides projections for the expected market size through 2027. The scope of the study includes NFTs platforms and associated services.
Report Synopsis
Report Metrics | Details | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Base year considered | 2021 | ||||||||||||||||
Forecast period considered | 2022-2027 | ||||||||||||||||
Base year market size | $17.7 billion | ||||||||||||||||
Market size forecast | $125.6 billion | ||||||||||||||||
Growth rate | CAGR of 27.3% from 2022 to 2027 | ||||||||||||||||
Units considered | $ Billions | ||||||||||||||||
Segments covered | Market type, Asset type, Product type, End user and Region | ||||||||||||||||
Regions covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) | ||||||||||||||||
Countries covered | U.S., Canada, Mexico, Germany, U.K., France, Rest of Europe, China, Japan, India, South Korea, Rest of Asia-Pacific, South America, Middle East and Africa | ||||||||||||||||
Key Market Drivers |
|
||||||||||||||||
Companies studied |
|
Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Related Reports
Virtual Reality Technologies: Global Markets
The global market for virtual reality (VR) technologies is expected to grow from $21.1 billion in 2023 to $66.9 billion by the end of 2028, at a compound annual growth rate (CAGR) of 26.0% from 2023 to 2028.
Metaverse: Global Market Size, Trends and Forecast (2022-2027)
The global metaverse market is estimated to increase from $52.9 billion in 2022 to reach $231.0 billion by 2027, at a compound annual growth rate (CAGR) of 34.3% from 2022 through 2027.
Global Decentralized Finance (DeFi) Market: Trends, Global Scenario, Innovations & Market
The report provides an overview of the global market for decentralized finance (DeFi) technology and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for 2022 through 2027. Revenue forecasts for this period are segmented based on component application, and region. The report also focuses on the major driving trends and challenges that affect the market.
FinTech: Investment, Innovation, Ideology and Technology
The global fintech market should reach $776.2 billion by 2027 from $354.8 billion in 2022 at a compound annual growth rate (CAGR) of 16.9% for the forecast period of 2022 to 2027.
Recent Reports
Global Private 5G Network Market
The report provides an overview of the global private 5G network market size and a detailed analysis of the market players' products and strategies. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029.
Global IoT Testing Services Market
This report analyses the global market trends in IoT testing services with data from 2023, estimates for 2024, and projected CAGRs through 2029. It analyzes patent activity and emerging technologies in the IoT testing services market. The report also examines the competition among major players and provides profiles of leading companies.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
Cybersecurity: Technologies and Global Markets
The global market for cybersecurity technologies was valued at $208.1 billion in 2023. The market is expected to grow from $229.3 billion in 2024 to $396.8 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 11.6% from 2024 to 2029.
3D Printing Medical Devices: Global Markets
The global market for 3D printing medical devices reached $2.1 billion in 2023. The market is estimated to grow from $2.2 billion in 2024 to $4.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.7% from 2024 to 2029.
Top Trending Reports
AI in Clinical and Molecular Diagnostics Market
The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More