Germany Non Fungible Token (nft) Market Size & Outlook

The non fungible token (nft) market in Germany is expected to reach a projected revenue of US$ 12,831.3 million by 2030. A compound annual growth rate of 37.1% is expected of Germany non fungible token (nft) market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,411.7
Forecast, 2030 (US$M)
$12,831.3
CAGR, 2024 - 2030
37.1%
Report Coverage
Germany

Germany non fungible token (nft) market highlights

  • The Germany non fungible token (nft) market generated a revenue of USD 1,411.7 million in 2023 and is expected to reach USD 12,831.3 million by 2030.
  • The Germany market is expected to grow at a CAGR of 37.1% 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 2023USD 1,411.7 million
Market revenue in 2030USD 12,831.3 million
Growth rate37.1% (CAGR from 2023 to 2030)
Largest segmentCollectibles
Fastest growing segmentArt
Historical data2020 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCollectibles, Art, Gaming, Utilities, Metaverse, Sports
Key market players worldwideCloudflare 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, Germany accounted for 5.2% 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 Europe, UK non fungible token (nft) market is projected to lead the regional market in terms of revenue in 2030.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 12,831.3 million by 2030.

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Non Fungible Token (NFT) Market Scope

Non fungible token (nft) market segmentation & scope
Assets Tokenization
Compliance & Identity
Marketplaces & Liquidity
Payments
Data & Analytics
Dcentralized Exchange
Prediction Industry
Stablecoins
Message
Others
Art
Others
Others
Cryptocurrency
Conversational AI
Data & Transaction Storage
Smart Contract
Others
Individuals
Businesses
Enterprises
Large Enterprises
SMEs

Non Fungible Token (NFT) Market Companies

Name Profile # Employees HQ Website

Germany 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 Germany 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.


Germany has a strong reputation for technological innovation, and NFTs are seen as a disruptive technology with the potential to transform various industries. The tech-savvy population and thriving startup ecosystem in the country are contributing to the increased adoption of NFTs. Moreover, Germany has proactively established a supportive regulatory framework for cryptocurrencies and blockchain technology. 

For instance, in April 2023, the German Finance Ministry, through the newly drafted Future Finance Act, announced goals to digitize capital markets and allow the issuance of electronic securities on the blockchain. Clear guidelines and regulations provide businesses and individuals with clarity and are expected to boost investments in the NFT market.

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Horizon Databook provides a detailed overview of country-level data and insights on the Germany non fungible token (nft) market , including forecasts for subscribers. This country databook contains high-level insights into Germany non fungible token (nft) market from 2020 to 2030, including revenue numbers, major trends, and company profiles.

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Germany non fungible token (NFT) market size, by application, 2020-2030 (US$M)

Germany Non Fungible Token (NFT) Market Outlook Share, 2023 & 2030 (US$M)

Germany non fungible token (NFT) market size, by application, 2020-2030 (US$M)

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