North America Non Fungible Token (nft) Market Size & Outlook
North America non fungible token (nft) market, 2020-2030 (US$M)
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North America non fungible token (nft) market highlights
- The North America non fungible token (nft) market generated a revenue of USD 8,536.0 million in 2023.
- The market is expected to grow at a CAGR of 35.1% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 8,536.0 million |
| Market revenue in 2030 | USD 70,227.5 million |
| Growth rate | 35.1% (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 |
| 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, North America region accounted for 31.6% of the global non fungible token (nft) market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 56,910.3 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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North America 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 53.79% in 2023. Horizon Databook has segmented the North America 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 North American non-fungible token market was the growing demand for digital artwork coupled with the growing number of digital artists is expected to drive the growth of NFT market in the North American region. Moreover, NFT digital art are decentralized and available for access to anyone across the globe.
The increasing traction of Metaverse and Web3.0 in North America is driving the number of people being acquainted with digital work, and the artists who are creating digital art NFTs which can be used in Metaverse.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America non fungible token (nft) market , including forecasts for subscribers. This continent databook contains high-level insights into North America non fungible token (nft) market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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North America non fungible token (NFT) market size, by country, 2020-2030 (US$M)
North America Non Fungible Token (NFT) Market Outlook Share, 2023 & 2030 (US$M)
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