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The non-fungible token (NFT) market is forecasted to grow by USD 68.16 billion during 2023-2028, accelerating at a CAGR of 30.23% during the forecast period. The report on the non-fungible token (NFT) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for digital art, growing investments in digital assets, and unique authentication of ownership of digital assets.
The non-fungible token (NFT) market is segmented as below:
By Application
- Collectibles
- Sports
- Arts
- Others
By End-user
- Personal
- Commercial
By Geographical Landscape
- APAC
- North America
- South America
- Europe
- Middle East and Africa
The report on the non-fungible token (NFT) market covers the following areas:
- Non-fungible token (NFT) market sizing
- Non-fungible token (NFT) market forecast
- Non-fungible token (NFT) market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The analyst recognizes the following companies as the key players in the global non-fungible token (NFT) market: AirNFTs Platform, Asynchronous Art Inc., Binance Holdings Ltd., Blockchain App Factory, Celer Network, Chaincella, Decentraland Foundation, Enjin Pte. Ltd., Foundation Labs Inc., Funko Inc., Gemini Trust Co. LLC, Mintable.app, Ozone Networks Inc., Out The Mud Ventures Inc., Rarible Inc., Sky Mavis, SuperRare Labs Inc., Tiki Labs Inc., Yellowheart LLC, and Axie Infinity.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing interest in NFTs among major brands.'
According to the report, one of the major drivers for this market is the increasing demand for digital art.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AirNFTs Platform
- Asynchronous Art Inc.
- Binance Holdings Ltd.
- Blockchain App Factory
- Celer Network
- Chaincella
- Decentraland Foundation
- Enjin Pte. Ltd.
- Foundation Labs Inc.
- Funko Inc.
- Gemini Trust Co. LLC
- Mintable.app
- Ozone Networks Inc.
- Out The Mud Ventures Inc.
- Rarible Inc.
- Sky Mavis
- SuperRare Labs Inc.
- Tiki Labs Inc.
- Yellowheart LLC
- Axie Infinity
