Non-Fungible Token (NFT) is a kind of encrypted digital equity certificate based on blockchain technology that cannot be copied, tampered with, or divided. It can be understood as a decentralized "virtual asset". Or the digital ownership certificate of the physical asset". From a technical perspective, NFTs are issued in the form of smart contracts. A smart contract can issue one or more NFT assets, including physical assets such as physical collections, event tickets, and virtual assets such as images, music, and game props.Non-Fungible Token (NFT) is a kind of encrypted digital equity certificate based on blockchain technology that cannot be copied, tampered with, or divided. It can be understood as a decentralized "virtual asset". Or the digital ownership certificate of the physical asset". From a technical perspective, NFTs are issued in the form of smart contracts. A smart contract can issue one or more NFT assets, including physical assets such as physical collections, event tickets, and virtual assets such as images, music, and game props.
Market Analysis and Insights: Global Non-Fungible Token(NFT) Market
The global Non-Fungible Token(NFT) market size is projected to reach US$ 7636.3 million by 2028, from US$ 1590.6 million in 2021, at a CAGR of 22.1% during 2022-2028.
Global key non-fungible token (NFT) players include Larva Labs, OpenSea, Sky Mavis etc. The top 3 companies hold a share over 55%. North America is the largest market, with a share about 32%, followed by Asia-Pacific and Europe with the share about 30% and 27%. In terms of product, art and collectible is the largest segment, with a share about 70%. And in terms of application, the largest application is primary market, followed by secondary market.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Non-Fungible Token(NFT) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Non-Fungible Token(NFT) market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Non-Fungible Token(NFT) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Non-Fungible Token(NFT) market.
Global Non-Fungible Token(NFT) Scope and Market Size
Non-Fungible Token(NFT) market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Non-Fungible Token(NFT) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
- Art & Collectible
- Game
- Others
Segment by Application
- Primary Market
- Secondary Market
By Company
- OpenSea
- Larva Labs
- Sky Mavis
- Dapper Labs
- Decentraland
- Yuga Labs
- SandBox
- Sorare
- Solanart
- SuperRare
- Gala Games
- Foundation
- Rarible
- MOBOX
- MakersPlace
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
TABLE OF CONTENTS
1 Report Business Overview
- 1.1 Study Scope
- 1.2 Market Analysis by Type
- 1.2.1 Global Non-Fungible Token(NFT) Market Size Growth Rate by Type, 2017 VS 2021 VS 2028
- 1.2.2 Art & Collectible
- 1.2.3 Game
- 1.2.4 Others
- 1.3 Market by Application
- 1.3.1 Global Non-Fungible Token(NFT) Market Size Growth Rate by Application, 2017 VS 2021 VS 2028
- 1.3.2 Primary Market
- 1.3.3 Secondary Market
- 1.4 Study Objectives
- 1.5 Years Considered
2 Global Growth Trends
- 2.1 Global Non-Fungible Token(NFT) Market Perspective (2017-2028)
- 2.2 Non-Fungible Token(NFT) Growth Trends by Region
- 2.2.1 Non-Fungible Token(NFT) Market Size by Region: 2017 VS 2021 VS 2028
- 2.2.2 Non-Fungible Token(NFT) Historic Market Size by Region (2017-2022)
- 2.2.3 Non-Fungible Token(NFT) Forecasted Market Size by Region (2023-2028)
- 2.3 Non-Fungible Token(NFT) Market Dynamics
- 2.3.1 Non-Fungible Token(NFT) Industry Trends
- 2.3.2 Non-Fungible Token(NFT) Market Drivers
- 2.3.3 Non-Fungible Token(NFT) Market Challenges
- 2.3.4 Non-Fungible Token(NFT) Market Restraints
3 Competition Landscape by Key Players
- 3.1 Global Top Non-Fungible Token(NFT) Players by Revenue
- 3.1.1 Global Top Non-Fungible Token(NFT) Players by Revenue (2017-2022)
- 3.1.2 Global Non-Fungible Token(NFT) Revenue Market Share by Players (2017-2022)
- 3.2 Global Non-Fungible Token(NFT) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.3 Players Covered: Ranking by Non-Fungible Token(NFT) Revenue
- 3.4 Global Non-Fungible Token(NFT) Market Concentration Ratio
- 3.4.1 Global Non-Fungible Token(NFT) Market Concentration Ratio (CR5 and HHI)
- 3.4.2 Global Top 10 and Top 5 Companies by Non-Fungible Token(NFT) Revenue in 2021
- 3.5 Non-Fungible Token(NFT) Key Players Head office and Area Served
- 3.6 Key Players Non-Fungible Token(NFT) Product Solution and Service
- 3.7 Date of Enter into Non-Fungible Token(NFT) Market
- 3.8 Mergers & Acquisitions, Expansion Plans
4 Non-Fungible Token(NFT) Breakdown Data by Type
- 4.1 Global Non-Fungible Token(NFT) Historic Market Size by Type (2017-2022)
- 4.2 Global Non-Fungible Token(NFT) Forecasted Market Size by Type (2023-2028)
5 Non-Fungible Token(NFT) Breakdown Data by Application
- 5.1 Global Non-Fungible Token(NFT) Historic Market Size by Application (2017-2022)
- 5.2 Global Non-Fungible Token(NFT) Forecasted Market Size by Application (2023-2028)
6 North America
- 6.1 North America Non-Fungible Token(NFT) Market Size (2017-2028)
- 6.2 North America Non-Fungible Token(NFT) Market Size by Type
- 6.2.1 North America Non-Fungible Token(NFT) Market Size by Type (2017-2022)
- 6.2.2 North America Non-Fungible Token(NFT) Market Size by Type (2023-2028)
- 6.2.3 North America Non-Fungible Token(NFT) Market Share by Type (2017-2028)
- 6.3 North America Non-Fungible Token(NFT) Market Size by Application
- 6.3.1 North America Non-Fungible Token(NFT) Market Size by Application (2017-2022)
- 6.3.2 North America Non-Fungible Token(NFT) Market Size by Application (2023-2028)
- 6.3.3 North America Non-Fungible Token(NFT) Market Share by Application (2017-2028)
- 6.4 North America Non-Fungible Token(NFT) Market Size by Country
- 6.4.1 North America Non-Fungible Token(NFT) Market Size by Country (2017-2022)
- 6.4.2 North America Non-Fungible Token(NFT) Market Size by Country (2023-2028)
- 6.4.3 United States
- 6.4.4 Canada
7 Europe
- 7.1 Europe Non-Fungible Token(NFT) Market Size (2017-2028)
- 7.2 Europe Non-Fungible Token(NFT) Market Size by Type
- 7.2.1 Europe Non-Fungible Token(NFT) Market Size by Type (2017-2022)
- 7.2.2 Europe Non-Fungible Token(NFT) Market Size by Type (2023-2028)
- 7.2.3 Europe Non-Fungible Token(NFT) Market Share by Type (2017-2028)
- 7.3 Europe Non-Fungible Token(NFT) Market Size by Application
- 7.3.1 Europe Non-Fungible Token(NFT) Market Size by Application (2017-2022)
- 7.3.2 Europe Non-Fungible Token(NFT) Market Size by Application (2023-2028)
- 7.3.3 Europe Non-Fungible Token(NFT) Market Share by Application (2017-2028)
- 7.4 Europe Non-Fungible Token(NFT) Market Size by Country
- 7.4.1 Europe Non-Fungible Token(NFT) Market Size by Country (2017-2022)
- 7.4.2 Europe Non-Fungible Token(NFT) Market Size by Country (2023-2028)
- 7.4.3 Germany
- 7.4.4 France
- 7.4.5 U.K.
- 7.4.6 Italy
- 7.4.7 Russia
- 7.4.8 Nordic Countries
8 Asia-Pacific
- 8.1 Asia-Pacific Non-Fungible Token(NFT) Market Size (2017-2028)
- 8.2 Asia-Pacific Non-Fungible Token(NFT) Market Size by Type
- 8.2.1 Asia-Pacific Non-Fungible Token(NFT) Market Size by Type (2017-2022)
- 8.2.2 Asia-Pacific Non-Fungible Token(NFT) Market Size by Type (2023-2028)
- 8.2.3 Asia-Pacific Non-Fungible Token(NFT) Market Share by Type (2017-2028)
- 8.3 Asia-Pacific Non-Fungible Token(NFT) Market Size by Application
- 8.3.1 Asia-Pacific Non-Fungible Token(NFT) Market Size by Application (2017-2022)
- 8.3.2 Asia-Pacific Non-Fungible Token(NFT) Market Size by Application (2023-2028)
- 8.3.3 Asia-Pacific Non-Fungible Token(NFT) Market Share by Application (2017-2028)
- 8.4 Asia-Pacific Non-Fungible Token(NFT) Market Size by Region
- 8.4.1 Asia-Pacific Non-Fungible Token(NFT) Market Size by Region (2017-2022)
- 8.4.2 Asia-Pacific Non-Fungible Token(NFT) Market Size by Region (2023-2028)
- 8.4.3 China
- 8.4.4 Japan
- 8.4.5 South Korea
- 8.4.6 Southeast Asia
- 8.4.7 India
- 8.4.8 Australia
9 Latin America
- 9.1 Latin America Non-Fungible Token(NFT) Market Size (2017-2028)
- 9.2 Latin America Non-Fungible Token(NFT) Market Size by Type
- 9.2.1 Latin America Non-Fungible Token(NFT) Market Size by Type (2017-2022)
- 9.2.2 Latin America Non-Fungible Token(NFT) Market Size by Type (2023-2028)
- 9.2.3 Latin America Non-Fungible Token(NFT) Market Share by Type (2017-2028)
- 9.3 Latin America Non-Fungible Token(NFT) Market Size by Application
- 9.3.1 Latin America Non-Fungible Token(NFT) Market Size by Application (2017-2022)
- 9.3.2 Latin America Non-Fungible Token(NFT) Market Size by Application (2023-2028)
- 9.3.3 Latin America Non-Fungible Token(NFT) Market Share by Application (2017-2028)
- 9.4 Latin America Non-Fungible Token(NFT) Market Size by Country
- 9.4.1 Latin America Non-Fungible Token(NFT) Market Size by Country (2017-2022)
- 9.4.2 Latin America Non-Fungible Token(NFT) Market Size by Country (2023-2028)
- 9.4.3 Mexico
- 9.4.4 Brazil
10 Middle East & Africa
- 10.1 Middle East & Africa Non-Fungible Token(NFT) Market Size (2017-2028)
- 10.2 Middle East & Africa Non-Fungible Token(NFT) Market Size by Type
- 10.2.1 Middle East & Africa Non-Fungible Token(NFT) Market Size by Type (2017-2022)
- 10.2.2 Middle East & Africa Non-Fungible Token(NFT) Market Size by Type (2023-2028)
- 10.2.3 Middle East & Africa Non-Fungible Token(NFT) Market Share by Type (2017-2028)
- 10.3 Middle East & Africa Non-Fungible Token(NFT) Market Size by Application
- 10.3.1 Middle East & Africa Non-Fungible Token(NFT) Market Size by Application (2017-2022)
- 10.3.2 Middle East & Africa Non-Fungible Token(NFT) Market Size by Application (2023-2028)
- 10.3.3 Middle East & Africa Non-Fungible Token(NFT) Market Share by Application (2017-2028)
- 10.4 Middle East & Africa Non-Fungible Token(NFT) Market Size by Country
- 10.4.1 Middle East & Africa Non-Fungible Token(NFT) Market Size by Country (2017-2022)
- 10.4.2 Middle East & Africa Non-Fungible Token(NFT) Market Size by Country (2023-2028)
- 10.4.3 Turkey
- 10.4.4 Saudi Arabia
- 10.4.5 UAE
11 Key Players Profiles
- 11.1 OpenSea
- 11.1.1 OpenSea Company Details
- 11.1.2 OpenSea Business Overview
- 11.1.3 OpenSea Non-Fungible Token(NFT) Introduction
- 11.1.4 OpenSea Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.1.5 OpenSea Recent Developments
- 11.2 Larva Labs
- 11.2.1 Larva Labs Company Details
- 11.2.2 Larva Labs Business Overview
- 11.2.3 Larva Labs Non-Fungible Token(NFT) Introduction
- 11.2.4 Larva Labs Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.2.5 Larva Labs Recent Developments
- 11.3 Sky Mavis
- 11.3.1 Sky Mavis Company Details
- 11.3.2 Sky Mavis Business Overview
- 11.3.3 Sky Mavis Non-Fungible Token(NFT) Introduction
- 11.3.4 Sky Mavis Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.3.5 Sky Mavis Recent Developments
- 11.4 Dapper Labs
- 11.4.1 Dapper Labs Company Details
- 11.4.2 Dapper Labs Business Overview
- 11.4.3 Dapper Labs Non-Fungible Token(NFT) Introduction
- 11.4.4 Dapper Labs Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.4.5 Dapper Labs Recent Developments
- 11.5 Decentraland
- 11.5.1 Decentraland Company Details
- 11.5.2 Decentraland Business Overview
- 11.5.3 Decentraland Non-Fungible Token(NFT) Introduction
- 11.5.4 Decentraland Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.5.5 Decentraland Recent Developments
- 11.6 Yuga Labs
- 11.6.1 Yuga Labs Company Details
- 11.6.2 Yuga Labs Business Overview
- 11.6.3 Yuga Labs Non-Fungible Token(NFT) Introduction
- 11.6.4 Yuga Labs Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.6.5 Yuga Labs Recent Developments
- 11.7 SandBox
- 11.7.1 SandBox Company Details
- 11.7.2 SandBox Business Overview
- 11.7.3 SandBox Non-Fungible Token(NFT) Introduction
- 11.7.4 SandBox Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.7.5 SandBox Recent Developments
- 11.8 Sorare
- 11.8.1 Sorare Company Details
- 11.8.2 Sorare Business Overview
- 11.8.3 Sorare Non-Fungible Token(NFT) Introduction
- 11.8.4 Sorare Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.8.5 Sorare Recent Developments
- 11.9 Solanart
- 11.9.1 Solanart Company Details
- 11.9.2 Solanart Business Overview
- 11.9.3 Solanart Non-Fungible Token(NFT) Introduction
- 11.9.4 Solanart Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.9.5 Solanart Recent Developments
- 11.10 SuperRare
- 11.10.1 SuperRare Company Details
- 11.10.2 SuperRare Business Overview
- 11.10.3 SuperRare Non-Fungible Token(NFT) Introduction
- 11.10.4 SuperRare Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.10.5 SuperRare Recent Developments
- 11.11 Gala Games
- 11.11.1 Gala Games Company Details
- 11.11.2 Gala Games Business Overview
- 11.11.3 Gala Games Non-Fungible Token(NFT) Introduction
- 11.11.4 Gala Games Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.11.5 Gala Games Recent Developments
- 11.12 Foundation
- 11.12.1 Foundation Company Details
- 11.12.2 Foundation Business Overview
- 11.12.3 Foundation Non-Fungible Token(NFT) Introduction
- 11.12.4 Foundation Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.12.5 Foundation Recent Developments
- 11.13 Rarible
- 11.13.1 Rarible Company Details
- 11.13.2 Rarible Business Overview
- 11.13.3 Rarible Non-Fungible Token(NFT) Introduction
- 11.13.4 Rarible Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.13.5 Rarible Recent Developments
- 11.14 MOBOX
- 11.14.1 MOBOX Company Details
- 11.14.2 MOBOX Business Overview
- 11.14.3 MOBOX Non-Fungible Token(NFT) Introduction
- 11.14.4 MOBOX Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.14.5 MOBOX Recent Developments
- 11.15 MakersPlace
- 11.15.1 MakersPlace Company Details
- 11.15.2 MakersPlace Business Overview
- 11.15.3 MakersPlace Non-Fungible Token(NFT) Introduction
- 11.15.4 MakersPlace Revenue in Non-Fungible Token(NFT) Business (2017-2022)
- 11.15.5 MakersPlace Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
- 13.1 Research Methodology
- 13.1.1 Methodology/Research Approach
- 13.1.2 Data Source
- 13.2 Author Details
- 13.3 Disclaimer