Global Non Fungible Token (nft) Market Size & Outlook
Global non fungible token (nft) market, 2020-2030 (US$M)
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Global non fungible token (nft) market highlights
- The global non fungible token (nft) market generated a revenue of USD 26,982.4 million in 2023 and is expected to reach USD 211,719.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 34.2% by 2030.
- In terms of segment, collectibles accounted for a revenue of USD 14,480.5 million in 2023.
- Art is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 26,982.4 million |
| Market revenue in 2030 | USD 211,719.9 million |
| Growth rate | 34.2% (CAGR from 2023 to 2030) |
| Largest segment | Collectibles |
| Fastest growing segment | Art |
| Historical data covered | 2020 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Collectibles, Art, Gaming, Utilities, Metaverse, Sports |
Other key industry trends
- In terms of revenue, the North America accounted for 31.6% of the global non fungible token (nft) market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 2,578.0 million by 2030.
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Non Fungible Token (NFT) Market Scope
Non Fungible Token (NFT) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global non fungible token (nft) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to non fungible token (nft) market will help companies and investors design strategic landscapes.
Collectibles was the largest segment with a revenue share of 53.67% in 2023. Horizon Databook has segmented the Global non fungible token (nft) market based on collectibles, art, gaming, utilities, metaverse, sports covering the revenue growth of each sub-segment from 2020 to 2030.
- Global Non Fungible Token (NFT) Application Outlook (Revenue, USD Million, 2020-2030)
- Assets Tokenization
- Compliance & Identity
- Marketplaces & Liquidity
- Payments
- Data & Analytics
- Dcentralized Exchange
- Prediction Industry
- Stablecoins
- Message
- Collectibles
- Video Clip
- Audio Clip
- Gamification
- Others
- Art
- Pixel Art
- Fractal/Algorithmic Art
- Computer Generated Painting
- 2D/3D Painting
- 2D/3D Computer Graphics
- GIFs
- Others
- Gaming
- Trading Card Game (TCG)
- Video Game
- Strategy Role Playing Game (RPG)
- Others
- Utilities
- Tickets
- Domain Names
- Assets Ownership
- Metaverse
- Sports
- Cryptocurrency
- Conversational AI
- Data & Transaction Storage
- Smart Contract
- Others
- Global Non Fungible Token (NFT) End User Outlook (Revenue, USD Million, 2020-2030)
- Individuals
- Businesses
- Enterprises
- Large Enterprises
- SMEs
- Personal
- Commercial
- Global Non Fungible Token (NFT) Type Outlook (Revenue, USD Million, 2020-2030)
- Physical Asset
- Digital Asset
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Our clientele includes a mix of non fungible token (nft) market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global non fungible token (nft) market , including forecasts for subscribers. This global databook contains high-level insights into Global non fungible token (nft) market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Global non fungible token (nft) market size, by region, 2020-2030 (US$M)
Top 10 countries: Non fungible token (nft) market size, 2023 (US$M)
Global non fungible token (nft) market share, by application, 2023 & 2030 (%, US$M)
Non fungible token (nft) market: Opportunity assessment by country
Global non fungible token (nft) market, by region, 2023 (US$M)
| Application | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 8.3 | 1,628.6 | 2,111.3 | 2,747.4 | 3,579.1 | 4,665.6 | 6,089.6 | 7,960.8 | 10,427.6 | 13,690.5 | 18,017.4 | 30.9% |
| Europe | 20.8 | 4,110.1 | 5,411.2 | 7,151.3 | 9,486.0 | 12,625.6 | 16,872.6 | 22,649.5 | 30,556.3 | 41,449.8 | 56,550.4 | 34.5% |
| North America | 24.6 | 4,880.4 | 6,442.2 | 8,536.0 | 11,387.0 | 15,241.8 | 20,484.4 | 27,654.1 | 37,519.7 | 51,184.3 | 70,227.5 | 35.3% |
| MEA | 6.2 | 1,162.1 | 1,470.8 | 1,864.1 | 2,339.8 | 2,946.9 | 3,726.6 | 4,733.7 | 6,043.1 | 7,757.0 | 10,014.4 | 27.4% |
| Asia Pacific | 18.8 | 3,761.0 | 5,004.1 | 6,683.6 | 8,959.7 | 12,051.9 | 16,277.0 | 22,082.3 | 30,107.6 | 41,275.0 | 56,910.3 | 35.7% |
| Overall | 78.6 | 15,542.3 | 20,439.6 | 26,982.4 | 35,751.6 | 47,531.8 | 63,450.2 | 85,080.4 | 114,654.3 | 155,356.5 | 211,719.9 | 34.2% |
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