Brazil Non Fungible Token (nft) Market Size & Outlook
Brazil non fungible token (nft) market, 2020-2030 (US$M)
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Brazil non fungible token (nft) market highlights
- The Brazil non fungible token (nft) market generated a revenue of USD 716.3 million in 2023 and is expected to reach USD 4,911.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 31.7% from 2024 to 2030.
- In terms of segment, collectibles was the largest revenue generating application in 2023.
- Art is the most lucrative application segment registering the fastest growth during the forecast period.
Non fungible token (nft) market data book summary
| Market revenue in 2023 | USD 716.3 million |
| Market revenue in 2030 | USD 4,911.5 million |
| Growth rate | 31.7% (CAGR from 2023 to 2030) |
| Largest segment | Collectibles |
| Fastest growing segment | Art |
| Historical data | 2020 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Collectibles, Art, Gaming, Utilities, Metaverse, Sports |
| Key market players worldwide | Cloudflare Inc, PLBY Group Inc Ordinary Shares, Dolphin Entertainment Inc, Funko Inc Class A, NFT Ltd Ordinary Shares-Class A, Dapper Labs, YellowHeart, OpenSea, Gemini, Onchain |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.7% of the global non fungible token (nft) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil non fungible token (nft) market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 4,911.5 million by 2030.
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Non Fungible Token (NFT) Market Scope
Non Fungible Token (NFT) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 53.48% in 2023. Horizon Databook has segmented the Brazil 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.
The Brazilian non-fungible token market was Brazilian artists are seizing the opportunity to participate and contribute to digital art. By embracing NFTs, they are expanding their reach, experimenting with new artistic mediums, and exploring innovative ways to engage with audiences and monetize their creative endeavors.
NFTs facilitate cross-cultural exchange and collaboration between Brazilian artists and artists from around the world. Through joint NFT projects, collaborations, and virtual exhibitions, Brazilian artists can forge connections, learn from diverse perspectives, and showcase their talents in a global context.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil non fungible token (nft) market , including forecasts for subscribers. This country databook contains high-level insights into Brazil non fungible token (nft) market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil non fungible token (NFT) market size, by application, 2020-2030 (US$M)
Brazil Non Fungible Token (NFT) Market Outlook Share, 2023 & 2030 (US$M)
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