Learn about the global non-fungible token market through The Business Research Company, which provides information on non-fungible token market size, non-fungible token market drivers and restraints, non-fungible token market players, the COVID-19 impact on the non-fungible token market, and more.

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The global non-fungible token market size is expected to grow from $14.02 billion in 2021 to $21.33 billion in 2022 at a compound annual growth rate (CAGR) of 52.1%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic. The NFT market size is expected to reach $82.43 billion in 2026 at a CAGR of 40.2%.

The increasing demand for digital artwork is expected to drive innovation in non-fungible token manufacturing, thus driving the market during the forecast period.

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The non-fungible tokens (NFT) market consists of sales of non-fungible tokens by entities (organizations, sole traders, and partnerships) that are engaged in providing digital assets. NFTs are cryptographic assets on the blockchain with unique authentication codes and metadata that differentiate them from one another. NFTs represent real-world items such as art, music, in-game item, videos, and these are unique cryptographic tokens that exist on the blockchain and cannot be replicated.

Global Non-Fungible Token Market Segments Include:

By Type: Art, Collectibles, Gaming, Metaverses, Sports, Utilities, Others

By Market Type: Primary, Secondary

By Cryptocurrency Usage: ETH, DAI, MANA, SAND, REVV, MATIC, CUBE, FOAM, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The development of new platforms for a non-fungible token is shaping the non-fungible token (NFT) market. Major companies operating in the non-fungible token sector are concentrating on creating new platforms for non-fungible tokens to provide customizable exposure through a unique premium casting program.

TBRC’s non-fungible token market report covers:

Major Market Players: SemiDot Infotech, Blockchain App Factory, Cinedigm, Funko, Takung Art, WISeKey, Oriental Culture Holding, and Liquid Media

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Non-fungible Token Global Market Report 2021: Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides non-fungible token market overviews, analyses and forecasts market size, share, non-fungible token market players, non-fungible token market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s non-fungible token market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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