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Classified in: Science and technology
Subject: MRR

Non-fungible Token (NFT) Market to Record 30.72% Y-O-Y Growth Rate in 2022| Collectibles Segment to be Significant for Revenue Generation |Technavio


NEW YORK, July 4, 2022 /PRNewswire/ -- The non-fungible token (NFT) market estimates a market value of USD 147.24 billion from 2021 to 2026 as per the latest market forecast report by Technavio. In addition, the report projects the market to progress at a CAGR of  35.27%. The non-fungible token (NFT) market share growth by the collectibles segment will be significant during the forecast period. The growth of the collectible segment is majorly driven by the growing demand for digital assets across the world. Some of the vendors offering NFT collectibles include Funko Inc., Foundation, and Makersplace. 

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Non-fungible Token (NFT) Market: Major Driver

Non-fungible Token (NFT) Market: Major Trend

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Non-fungible Token (NFT) Market: Segmentation Analysis

This market research report segments the non-fungible token (NFT) Market by Application (Collectibles, Sports, Arts, and Others) and Geography (APAC, South America, Middle East, Africa, North America, and Europe).

Get ready to achieve excellent business outcomes from this exclusive Non-fungible Token (NFT) Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -

The competitive scenario provided in the Non-fungible Token (NFT) Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Non-fungible Token (NFT) Market Forecast Report -  Buy Now!

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Non-fungible Token (NFT) Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 35.27%

Market growth 2022-2026

USD 147.24 billion

Market structure

Fragmented

YoY growth (%)

30.72

Performing market contribution

APAC at 43%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Asynchronous Art Inc., Binance Services Holdings Ltd., Dapper Labs Inc., Decentraland Foundation, Enjin Pte. Ltd., Foundation
Labs Inc., FTX Trading Ltd., Funko Inc., Gala Games, Gemini Trust Co. LLC, Mintable.app, Mobox Digital Co. Ltd.,
Onchain Labs Inc., OpenSea, Rarible Inc., Sorare SAS, SuperRare Labs Inc., Theta Labs Inc., Yellowheart LLC, and Yuga Labs LLC

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis,
COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized

 

Table of Content

1. Executive Summary                         

2. Market Landscape                            

3. Market Sizing                      

4. Five Forces Analysis                         

5 Market Segmentation by Application                        

6. Customer landscape                        

7. Geographic Landscape                    

8. Drivers, Challenges, and Trends                  

9. Vendor Landscape                            

10. Vendor Analysis               

About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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