Saudi Arabia Non Fungible Token (nft) Market Size & Outlook

The non fungible token (nft) market in Saudi Arabia is expected to reach a projected revenue of US$ 2,578.0 million by 2030. A compound annual growth rate of 27% is expected of Saudi Arabia non fungible token (nft) market from 2024 to 2030.
Revenue, 2023 (US$M)
$483.2
Forecast, 2030 (US$M)
$2,578.0
CAGR, 2024 - 2030
27%
Report Coverage
Saudi Arabia

Saudi Arabia non fungible token (nft) market highlights

  • The Saudi Arabia non fungible token (nft) market generated a revenue of USD 483.2 million in 2023 and is expected to reach USD 2,578.0 million by 2030.
  • The Saudi Arabia market is expected to grow at a CAGR of 27% 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 483.2 million
Market revenue in 2030USD 2,578.0 million
Growth rate27% (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, Saudi Arabia accounted for 1.8% 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 Middle East & Africa, UAE non fungible token (nft) market is projected to lead the regional market in terms of revenue in 2030.
  • UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,595.4 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

Saudi Arabia 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 53.33% in 2023. Horizon Databook has segmented the Saudi Arabia 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.


  • Saudi Arabia 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
  • Saudi Arabia Non Fungible Token (NFT) End User Outlook (Revenue, USD Million, 2020-2030)
    • Individuals
    • Businesses
    • Enterprises
      • Large Enterprises
      • SMEs
    • Personal
    • Commercial
  • Saudi Arabia 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 country-level data and insights on the Saudi Arabia non fungible token (nft) market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia non fungible token (nft) market from 2020 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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