Non-Fungible Tokens (NFT): Global Market

Nov 2022| IFT248A| BCC Publishing

Report Highlights

The global NFTs market should reach $37.6 billion by 2022 and $125.6 billion by 2027, with a compound annual growth rate (CAGR) of 27.3% during the forecast period of 2022-2027.

Report Includes

  • 37 data tables and 37 additional tables
  • A comprehensive overview and up-to-date analysis of the global markets for non-fungible tokens (NFTs)
  • Analyses of the global market trends, with historic market revenue data for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
  • Estimation of the actual market size and revenue forecast for non-fungible tokens in USD million values, and their corresponding market share analysis by technology type, product segment, end-use industry, and geographic region
  • Updated information on market opportunities and drivers in the NFTs and other blockchain based crypto markets, key shifts and trends, regulations and industry specific challenges, and other factors that will shape this market demand over the coming years (2022-2027)
  • Coverage of the technological, economic, and business considerations of non-fungible tokens market, with analyses and growth forecasts through 2027
  • Discussion of the industry value chain analysis for non-fungible tokens providing a systematic study of key intermediaries involved, with emphasis on solutions and service providers and major types of end-use industries across different regions
  • Evaluation of the companies best positioned to meet this market demand owing to their proprietary technologies, product launches, mergers and acquisition deals, and other strategic advantages
  • A relevant patent analysis on NFTs with significant allotments of patent data across each major category
  • Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
  • Company profiles of major players within the industry, including Cloudflare, Inc.; Foundation Inc.; Gemini Trust Company, LLC; OpenSea and Rarible

Report Scope

In this report, the market has been segmented based on market type, asset type, product type, end user, and geography. The report provides an overview of the global NFTs market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period 2022-2027. Market values have been estimated based on the total revenue of NFTs providers.

The report covers the market for NFTs with regards to the user base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for NFTs in 2021 and provides projections for the expected market size through 2027. The scope of the study includes NFTs platforms and associated services. 

Frequently Asked Questions (FAQs)

The NFTs market is projected to grow from $17.7 billion in 2021 to $125.6 billion in 2027 at a compound annual growth rate (CAGR) of 27.3% during the forecast period.
The key factors driving the growth of the NFTs market include: Leading Brands launching their Products in NFTs, Growing Adoption in Music and Entertainment, and Gaming and Sports Sectors, and Demand from celebrities and influential personalities boosting the market growth.
The NFTs market is segmented on the basis of market type, asset type, product type, end-user, and region.
Arts and Collectibles are already dominating and are likely to continue its dominance till 2027.
North America holds the highest share in the market.
Key companies in the market includes OpenSea, Rarible, Cloudflare, Inc., Gemini Trust Company, LLC, Dapper Labs, Inc., Semidot Infotech, Axie Infinity, Yuga Labs, Foundation, and some others.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $17.7 billion
Market size forecast $125.6 billion
Growth rate CAGR of 27.3% from 2022 to 2027
Units considered $ Billions
Segments covered Market type, Asset type, Product type, End user and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Countries covered U.S., Canada, Mexico, Germany, U.K., France, Rest of Europe, China, Japan, India, South Korea, Rest of Asia-Pacific, South America, Middle East and Africa
Key Market Drivers
  • Leading Brands are Launching Their Products in NFTs
  • Growing Adoption in Music and Entertainment, and Gaming and Sports Sectors
  • Demand From Celebrities and Influential Personalities is Boosting Market Growth
Companies studied

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at
Title/Chapter NamePagesMember Price
Full Report: Non-Fungible Tokens (NFT): Global Market147Free
Chapter- 1: Introduction10Free
Chapter- 2: Summary and Highlights2Free
Chapter- 3: NFTs: Market Overview38Free
Chapter- 4: Market Breakdown by Asset Type7Free
Chapter- 5: Market Breakdown by Product Type14Free
Chapter- 6: Market Breakdown by Market Type6Free
Chapter- 7: Market Breakdown by End User6Free
Chapter- 8: Market Breakdown by Region31Free
Chapter- 9: Competitive Landscape6Free
Chapter- 10: Company Profiles27Free
Non-Fungible Tokens (NFT): Global Market

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