Non-Fungible Token(NFT) Market, Global Outlook and Forecast 2023-2029

Report ID: MMG47923 | Category: Service & Software | Pages: 102 | Format: PDF | Published Date: February 21,2023

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Report Description
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Report Summary

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.
This report aims to provide a comprehensive presentation of the global market for Non-Fungible Token(NFT), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Non-Fungible Token(NFT). This report contains market size and forecasts of Non-Fungible Token(NFT) in global, including the following market information:
Global Non-Fungible Token(NFT) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Non-Fungible Token(NFT) market was valued at US$ 1636.7 million in 2022 and is projected to reach US$ 6252 million by 2029, at a CAGR of 21.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Non-Fungible Token(NFT) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Non-Fungible Token(NFT) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Non-Fungible Token(NFT) Market Segment Percentages, by Type, 2022 (%)
    Art & Collectible
    Game
    Others
Global Non-Fungible Token(NFT) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Non-Fungible Token(NFT) Market Segment Percentages, by Application, 2022 (%)
    Primary Market
    Secondary Market
Global Non-Fungible Token(NFT) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Non-Fungible Token(NFT) Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Non-Fungible Token(NFT) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Non-Fungible Token(NFT) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    OpenSea
    Larva Labs
    Sky Mavis
    Dapper Labs
    Decentraland
    Yuga Labs
    SandBox
    Sorare
    Solanart
    SuperRare
    Gala Games
    Foundation
    Rarible
    MOBOX
    MakersPlace
Outline of Major Chapters:
Chapter 1: Introduces the definition of Non-Fungible Token(NFT), market overview.
Chapter 2: Global Non-Fungible Token(NFT) market size in revenue.
Chapter 3: Detailed analysis of Non-Fungible Token(NFT) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Non-Fungible Token(NFT) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Non-Fungible Token(NFT) Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Non-Fungible Token(NFT) Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Non-Fungible Token(NFT) Overall Market Size
    2.1 Global Non-Fungible Token(NFT) Market Size: 2022 VS 2029
    2.2 Global Non-Fungible Token(NFT) Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top Non-Fungible Token(NFT) Players in Global Market
    3.2 Top Global Non-Fungible Token(NFT) Companies Ranked by Revenue
    3.3 Global Non-Fungible Token(NFT) Revenue by Companies
    3.4 Top 3 and Top 5 Non-Fungible Token(NFT) Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Non-Fungible Token(NFT) Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Non-Fungible Token(NFT) Players in Global Market
        3.6.1 List of Global Tier 1 Non-Fungible Token(NFT) Companies
        3.6.2 List of Global Tier 2 and Tier 3 Non-Fungible Token(NFT) Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Non-Fungible Token(NFT) Market Size Markets, 2022 & 2029
        4.1.2 Art & Collectible
        4.1.3 Game
        4.1.4 Others
    4.2 By Type - Global Non-Fungible Token(NFT) Revenue & Forecasts
        4.2.1 By Type - Global Non-Fungible Token(NFT) Revenue, 2018-2023
        4.2.2 By Type - Global Non-Fungible Token(NFT) Revenue, 2024-2029
        4.2.3 By Type - Global Non-Fungible Token(NFT) Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Non-Fungible Token(NFT) Market Size, 2022 & 2029
        5.1.2 Primary Market
        5.1.3 Secondary Market
    5.2 By Application - Global Non-Fungible Token(NFT) Revenue & Forecasts
        5.2.1 By Application - Global Non-Fungible Token(NFT) Revenue, 2018-2023
        5.2.2 By Application - Global Non-Fungible Token(NFT) Revenue, 2024-2029
        5.2.3 By Application - Global Non-Fungible Token(NFT) Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Non-Fungible Token(NFT) Market Size, 2022 & 2029
    6.2 By Region - Global Non-Fungible Token(NFT) Revenue & Forecasts
        6.2.1 By Region - Global Non-Fungible Token(NFT) Revenue, 2018-2023
        6.2.2 By Region - Global Non-Fungible Token(NFT) Revenue, 2024-2029
        6.2.3 By Region - Global Non-Fungible Token(NFT) Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Non-Fungible Token(NFT) Revenue, 2018-2029
        6.3.2 US Non-Fungible Token(NFT) Market Size, 2018-2029
        6.3.3 Canada Non-Fungible Token(NFT) Market Size, 2018-2029
        6.3.4 Mexico Non-Fungible Token(NFT) Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Non-Fungible Token(NFT) Revenue, 2018-2029
        6.4.2 Germany Non-Fungible Token(NFT) Market Size, 2018-2029
        6.4.3 France Non-Fungible Token(NFT) Market Size, 2018-2029
        6.4.4 U.K. Non-Fungible Token(NFT) Market Size, 2018-2029
        6.4.5 Italy Non-Fungible Token(NFT) Market Size, 2018-2029
        6.4.6 Russia Non-Fungible Token(NFT) Market Size, 2018-2029
        6.4.7 Nordic Countries Non-Fungible Token(NFT) Market Size, 2018-2029
        6.4.8 Benelux Non-Fungible Token(NFT) Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Non-Fungible Token(NFT) Revenue, 2018-2029
        6.5.2 China Non-Fungible Token(NFT) Market Size, 2018-2029
        6.5.3 Japan Non-Fungible Token(NFT) Market Size, 2018-2029
        6.5.4 South Korea Non-Fungible Token(NFT) Market Size, 2018-2029
        6.5.5 Southeast Asia Non-Fungible Token(NFT) Market Size, 2018-2029
        6.5.6 India Non-Fungible Token(NFT) Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Non-Fungible Token(NFT) Revenue, 2018-2029
        6.6.2 Brazil Non-Fungible Token(NFT) Market Size, 2018-2029
        6.6.3 Argentina Non-Fungible Token(NFT) Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Non-Fungible Token(NFT) Revenue, 2018-2029
        6.7.2 Turkey Non-Fungible Token(NFT) Market Size, 2018-2029
        6.7.3 Israel Non-Fungible Token(NFT) Market Size, 2018-2029
        6.7.4 Saudi Arabia Non-Fungible Token(NFT) Market Size, 2018-2029
        6.7.5 UAE Non-Fungible Token(NFT) Market Size, 2018-2029
7 Non-Fungible Token(NFT) Companies Profiles
    7.1 OpenSea
        7.1.1 OpenSea Company Summary
        7.1.2 OpenSea Business Overview
        7.1.3 OpenSea Non-Fungible Token(NFT) Major Product Offerings
        7.1.4 OpenSea Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.1.5 OpenSea Key News & Latest Developments
    7.2 Larva Labs
        7.2.1 Larva Labs Company Summary
        7.2.2 Larva Labs Business Overview
        7.2.3 Larva Labs Non-Fungible Token(NFT) Major Product Offerings
        7.2.4 Larva Labs Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.2.5 Larva Labs Key News & Latest Developments
    7.3 Sky Mavis
        7.3.1 Sky Mavis Company Summary
        7.3.2 Sky Mavis Business Overview
        7.3.3 Sky Mavis Non-Fungible Token(NFT) Major Product Offerings
        7.3.4 Sky Mavis Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.3.5 Sky Mavis Key News & Latest Developments
    7.4 Dapper Labs
        7.4.1 Dapper Labs Company Summary
        7.4.2 Dapper Labs Business Overview
        7.4.3 Dapper Labs Non-Fungible Token(NFT) Major Product Offerings
        7.4.4 Dapper Labs Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.4.5 Dapper Labs Key News & Latest Developments
    7.5 Decentraland
        7.5.1 Decentraland Company Summary
        7.5.2 Decentraland Business Overview
        7.5.3 Decentraland Non-Fungible Token(NFT) Major Product Offerings
        7.5.4 Decentraland Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.5.5 Decentraland Key News & Latest Developments
    7.6 Yuga Labs
        7.6.1 Yuga Labs Company Summary
        7.6.2 Yuga Labs Business Overview
        7.6.3 Yuga Labs Non-Fungible Token(NFT) Major Product Offerings
        7.6.4 Yuga Labs Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.6.5 Yuga Labs Key News & Latest Developments
    7.7 SandBox
        7.7.1 SandBox Company Summary
        7.7.2 SandBox Business Overview
        7.7.3 SandBox Non-Fungible Token(NFT) Major Product Offerings
        7.7.4 SandBox Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.7.5 SandBox Key News & Latest Developments
    7.8 Sorare
        7.8.1 Sorare Company Summary
        7.8.2 Sorare Business Overview
        7.8.3 Sorare Non-Fungible Token(NFT) Major Product Offerings
        7.8.4 Sorare Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.8.5 Sorare Key News & Latest Developments
    7.9 Solanart
        7.9.1 Solanart Company Summary
        7.9.2 Solanart Business Overview
        7.9.3 Solanart Non-Fungible Token(NFT) Major Product Offerings
        7.9.4 Solanart Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.9.5 Solanart Key News & Latest Developments
    7.10 SuperRare
        7.10.1 SuperRare Company Summary
        7.10.2 SuperRare Business Overview
        7.10.3 SuperRare Non-Fungible Token(NFT) Major Product Offerings
        7.10.4 SuperRare Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.10.5 SuperRare Key News & Latest Developments
    7.11 Gala Games
        7.11.1 Gala Games Company Summary
        7.11.2 Gala Games Business Overview
        7.11.3 Gala Games Non-Fungible Token(NFT) Major Product Offerings
        7.11.4 Gala Games Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.11.5 Gala Games Key News & Latest Developments
    7.12 Foundation
        7.12.1 Foundation Company Summary
        7.12.2 Foundation Business Overview
        7.12.3 Foundation Non-Fungible Token(NFT) Major Product Offerings
        7.12.4 Foundation Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.12.5 Foundation Key News & Latest Developments
    7.13 Rarible
        7.13.1 Rarible Company Summary
        7.13.2 Rarible Business Overview
        7.13.3 Rarible Non-Fungible Token(NFT) Major Product Offerings
        7.13.4 Rarible Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.13.5 Rarible Key News & Latest Developments
    7.14 MOBOX
        7.14.1 MOBOX Company Summary
        7.14.2 MOBOX Business Overview
        7.14.3 MOBOX Non-Fungible Token(NFT) Major Product Offerings
        7.14.4 MOBOX Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.14.5 MOBOX Key News & Latest Developments
    7.15 MakersPlace
        7.15.1 MakersPlace Company Summary
        7.15.2 MakersPlace Business Overview
        7.15.3 MakersPlace Non-Fungible Token(NFT) Major Product Offerings
        7.15.4 MakersPlace Non-Fungible Token(NFT) Revenue in Global Market (2018-2023)
        7.15.5 MakersPlace Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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Non-Fungible Token(NFT) Market, Global Outlook and Forecast 2023-2029

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