Non-fungible Token (NFT) Market by Application, End-user, and Geography - Forecast and Analysis 2023-2027
- Published: Nov 2022
- Pages: 160
- SKU: IRTNTR73238
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The non-fungible token (NFT) market is estimated to grow at a CAGR of 35.02% between 2022 and 2027. The size of the market is forecast to increase by USD 113,933.5 million. The growth of the market depends on serval factors, including increasing demand for digital art, growing investments in digital assets, and security and ownership of digital assets.
This report extensively covers market segmentation by application (collectibles, sports, arts, and others), end-user (personal and commercial), and geography (APAC, North America, South America, Europe, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
What will the Size of the Non-fungible Token (NFT) Market be During the Forecast Period?
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Parent Market Analysis
The reports categorize the global non-fungible token (NFT) market as a part of the global technology hardware, storage, and peripherals market within the overall global information technology market. The parent global technology hardware, storage, and peripherals market covers manufacturers of cellular phones, personal computers, servers, electronic computer components, and peripherals. It also includes data storage components, motherboards, audio and video cards, monitors, keyboards, printers, and other peripherals. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.
Non-fungible Token (NFT) Market: Key Drivers, Trends, Challenges, and Customer Landscape
The increasing demand for digital art is notably driving the market growth, although factors such as uncertainty in the NFT market may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Non-fungible Token (NFT) Market Driver
The increasing demand for digital art is notably driving the market growth. Digital art can be defined as anything of a visual nature that is created with the help of computers. Globally, NFT has gained traction in digital art applications through the Internet, social media, and other digital mediums. An NFT links a digital artwork through a token. After that, the owner or the artist can set a suitable price for the NFT artworks. The key will then be passed to the end user to certify proof of possession. For example, digital artists can sell one or more limited edition NFT offerings by issuing tokens. Artists can also create new forms of an NFT. These characteristics of NFTs permit artists to increase their sales, thus driving the growth of the market in focus during the forecast period.
Additionally, NFTs permit greater accessibility to the art world. Instead of visiting a gallery, buyers can instantly visit online portals to buy NFT artworks. Using NFT technology, the public can purchase art at a lower cost and in a secure, transparent manner. NFTs can also generate revenue for artists. NFTs can be used to sell artworks directly through virtual platforms, reducing the turnaround time of purchase. Such factors will drive the growth of the global NFT market during the forecast period.
Key Non-fungible Token (NFT) Market Trend
The emergence of fractionalized NFTs is the key trend in the market. NFT fractionalization is the act of dividing the ownership of an NFT among several people. As the popularity of NFTs continues to rise, the price of owning a single NFT is expected to increase. With fractional NFTs, democratized ownership becomes a possibility so that even as the bidding price of an NFT increases, market activity around that NFT remains relatively high, as more people can participate at lower prices. Even if one of the owners of that NFT decides to sell, it will not impact the overall price held by other stakeholders.
Moreover, NFTs will also lead to a lack of liquidity during the forecast period. While NFTs are in demand, their non-fungibility will lead to a lack of liquidity across most NFT marketplaces. However, with fractional NFTs, this liquidity can be sustained. For instance, smaller investors can participate in the NFT bidding, where fractionalized NFTs will be used to divide up the ownership of an NFT product. Therefore, fractionalized NFTs are expected to create new growth opportunities for the vendors in the market during the forecast period.
Key Non-fungible Token (NFT) Market Challenge
Uncertainty in NFT demand and pricing are major challenges for sellers in the market. These challenges refer to the uncertainty in determining the future value of NFTs. The valuation of NFTs depends considerably on scarcity, uniqueness, and the perception of owners and buyers alongside the availability of distribution channels. Therefore, for a new seller, it is extremely difficult to anticipate the identity of the next buyers of an NFT or the possible factors which can drive their purchase. Therefore, the value of NFTs will basically depend on how the buyers perceive their price, thereby leading to fluctuations.
As the market is completely in the nascent stage, it is difficult for new investors to predict some future trends in NFT pricing. A sudden fluctuation in NFT can lead to a huge loss for the owner. Even the owner of the NFT may not be able to sell the NFT collectable or artwork due to very low demand in the market. Such factors may restrict the growth of the market during the forecast period.
Key Non-fungible Token (NFT) Market Customer Landscape
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Non-fungible Token (NFT) Market Customer Landscape
Who are the Major Non-fungible Token (NFT) Market Vendors?
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Sorare - The company offers non-fungible token services such as the Football NFT platform as its key offerings. Under this segment, the company offers a platform for football fantasy games where players buy, sell, trade, and manage a virtual team with digital player cards using blockchain technology.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
- Binance Services Holdings Ltd.
- Cloudflare Inc
- Dapper Labs Inc.
- Decentraland
- 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.
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
What is the Fastest-Growing Segment in the Non-fungible Token (NFT) Market?
Based on application, the market is segmented into collectibles, sports, arts, and others. The market share growth of the collectibles segment will be significant during the forecast period. NFT collectibles are limited edition or rare NFT tokens which are minted on the blockchain. Collectibles are unique, and one collectible cannot be exchanged or traded with another collectible. Some of the vendors offering NFT collectibles include Funko Inc., Foundation, and Makerspace. These vendors provide an online platform for buying and selling NFT collectibles. The growth of the collectible segment is majorly driven by the growing demand for digital assets across the world.
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The collectibles segment was valued at USD 69.69 million in 2017 and continue to grow until 2021. Most industries have gone digital to market their products. The near-ubiquity of the Internet and widespread use of mobile devices, along with rising Internet usage, has encouraged companies to expand their offerings and investments related to digital assets. Additionally, the emergence of tokenization in the digital asset industry will further propel segment growth during the forecast period.
Which are the Key Regions for the Non-fungible Token (NFT) Market?
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APAC is projected to account for 39% of the global market share by 2023. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The NFT market in APAC is expected to grow due to the growing demand for digital assets in countries like Singapore, China, South Korea, the Philippines, and Japan. Korean retail channels are expanding their footprint into the flourishing NFT business by selling art and fashion items. For instance, in January 2022, CJ OliveNetworks Co. Ltd, a subsidiary of South Korea-based CJ Corp., announced that it is partnering with a domestic blockchain company Galaxia Metaverse to sell NFT artworks. Recently, the company auctioned Cherry Blossom Ending, an animated work by a local digital artist. Similarly, in April 2022, Lotte Home Shopping Inc. is expected to launch an NFT marketplace in South Korea. Therefore, such developments are expected to increase the market penetration of NFT products during the forecast period.
In 2020, the outbreak of COVID-19 affected many countries in the region, such as China, India, South Korea, and Japan. In 2021, economic recovery and an increase in the disposable income of consumers further improved market growth. Moreover, the increase in the number of NFT marketplaces is expected to create more opportunities for NFT trading, which, in turn, will positively impact the growth of the regional market during the forecast period.
Segment Overview
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by application, end-user, and region.
- Application Outlook (USD Million, 2017 - 2027)
- Collectibles
- Sports
- Arts
- Others
- End-user Outlook (USD Million, 2017 - 2027)
- Personal
- Commercial
- Region Outlook (USD Million, 2017 - 2027)
- APAC
- China
- India
- North America
- The U.S.
- Canada
- South America
- Brazil
- Argentina
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- APAC
Non-fungible Token (NFT) Market Scope |
|
Report Coverage |
Details |
Page number |
160 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 35.02% |
Market growth 2023-2027 |
USD 113,933.5 million |
Market structure |
Fragmented |
YoY growth (%) |
26.0 |
Regional analysis |
APAC, North America, South America, Europe, and Middle East and Africa |
Performing market contribution |
APAC at 39% |
Key countries |
US, Canada, Thailand, China, and Brazil |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Binance Services Holdings Ltd., Cloudflare Inc, Dapper Labs Inc., Decentraland, 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, 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 recovery analysis and future consumer dynamics, and market condition analysis for the 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. |
What are the Key Data Covered in this Non-fungible Token (NFT) Market Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the market between 2023 and 2027
- Precise estimation of the NFT market size and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Growth of the industry across APAC, North America, South America, Europe, and Middle East and Africa
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of non-fungible token market vendors
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global non-fungible token (NFT) market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global non-fungible token (NFT) market 2017 - 2021 ($ million)
- 4.2 Geography Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.3 End-user Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
- 4.4 Application Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Application Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
- 6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
- 6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application
- 6.3 Collectibles - Market size and forecast 2022-2027
- Exhibit 34: Chart on Collectibles - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Collectibles - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Collectibles - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Collectibles - Year-over-year growth 2022-2027 (%)
- 6.4 Sports - Market size and forecast 2022-2027
- Exhibit 38: Chart on Sports - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Sports - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Sports - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Sports - Year-over-year growth 2022-2027 (%)
- 6.5 Arts - Market size and forecast 2022-2027
- Exhibit 42: Chart on Arts - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Arts - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Arts - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Arts - Year-over-year growth 2022-2027 (%)
- 6.6 Others - Market size and forecast 2022-2027
- Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.7 Market opportunity by Application
- Exhibit 50: Market opportunity by Application ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 51: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 52: Data Table on End-user - Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 53: Chart on Comparison by End-user
- Exhibit 54: Data Table on Comparison by End-user
- 7.3 Personal - Market size and forecast 2022-2027
- Exhibit 55: Chart on Personal - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Personal - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Personal - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Personal - Year-over-year growth 2022-2027 (%)
- 7.4 Commercial - Market size and forecast 2022-2027
- Exhibit 59: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on Commercial - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by End-user
- Exhibit 63: Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 65: Chart on Market share by geography 2022-2027 (%)
- Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 67: Chart on Geographic comparison
- Exhibit 68: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 North America - Market size and forecast 2022-2027
- Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.5 South America - Market size and forecast 2022-2027
- Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.6 Europe - Market size and forecast 2022-2027
- Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 Thailand - Market size and forecast 2022-2027
- Exhibit 93: Chart on Thailand - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on Thailand - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on Thailand - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Thailand - Year-over-year growth 2022-2027 (%)
- 9.10 Brazil - Market size and forecast 2022-2027
- Exhibit 97: Chart on Brazil - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on Brazil - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on Brazil - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Brazil - Year-over-year growth 2022-2027 (%)
- 9.11 China - Market size and forecast 2022-2027
- Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.12 Canada - Market size and forecast 2022-2027
- Exhibit 105: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 106: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 107: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 109: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 110: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 112: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 113: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 114: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 115: Matrix on vendor position and classification
- 12.3 Binance Services Holdings Ltd.
- Exhibit 116: Binance Services Holdings Ltd. - Overview
- Exhibit 117: Binance Services Holdings Ltd. - Product / Service
- Exhibit 118: Binance Services Holdings Ltd. - Key offerings
- 12.4 Dapper Labs Inc.
- Exhibit 119: Dapper Labs Inc. - Overview
- Exhibit 120: Dapper Labs Inc. - Product / Service
- Exhibit 121: Dapper Labs Inc. - Key offerings
- 12.5 Decentraland
- Exhibit 122: Decentraland - Overview
- Exhibit 123: Decentraland - Product / Service
- Exhibit 124: Decentraland - Key offerings
- 12.6 Enjin Pte. Ltd.
- Exhibit 125: Enjin Pte. Ltd. - Overview
- Exhibit 126: Enjin Pte. Ltd. - Product / Service
- Exhibit 127: Enjin Pte. Ltd. - Key offerings
- 12.7 Foundation Labs Inc.
- Exhibit 128: Foundation Labs Inc. - Overview
- Exhibit 129: Foundation Labs Inc. - Product / Service
- Exhibit 130: Foundation Labs Inc. - Key offerings
- 12.8 FTX Trading Ltd.
- Exhibit 131: FTX Trading Ltd. - Overview
- Exhibit 132: FTX Trading Ltd. - Product / Service
- Exhibit 133: FTX Trading Ltd. - Key offerings
- 12.9 Funko Inc.
- Exhibit 134: Funko Inc. - Overview
- Exhibit 135: Funko Inc. - Product / Service
- Exhibit 136: Funko Inc. - Key news
- Exhibit 137: Funko Inc. - Key offerings
- 12.10 Gala Games
- Exhibit 138: Gala Games - Overview
- Exhibit 139: Gala Games - Product / Service
- Exhibit 140: Gala Games - Key offerings
- 12.11 Gemini Trust Co. LLC
- Exhibit 141: Gemini Trust Co. LLC - Overview
- Exhibit 142: Gemini Trust Co. LLC - Product / Service
- Exhibit 143: Gemini Trust Co. LLC - Key news
- Exhibit 144: Gemini Trust Co. LLC - Key offerings
- 12.12 Mintable.app
- Exhibit 145: Mintable.app - Overview
- Exhibit 146: Mintable.app - Product / Service
- Exhibit 147: Mintable.app - Key offerings
- 12.13 Mobox Digital Co. Ltd.
- Exhibit 148: Mobox Digital Co. Ltd. - Overview
- Exhibit 149: Mobox Digital Co. Ltd. - Product / Service
- Exhibit 150: Mobox Digital Co. Ltd. - Key offerings
- 12.14 Onchain Labs Inc.
- Exhibit 151: Onchain Labs Inc. - Overview
- Exhibit 152: Onchain Labs Inc. - Product / Service
- Exhibit 153: Onchain Labs Inc. - Key offerings
- 12.15 OpenSea
- Exhibit 154: OpenSea - Overview
- Exhibit 155: OpenSea - Product / Service
- Exhibit 156: OpenSea - Key offerings
- 12.16 Rarible Inc.
- Exhibit 157: Rarible Inc. - Overview
- Exhibit 158: Rarible Inc. - Product / Service
- Exhibit 159: Rarible Inc. - Key offerings
- 12.17 Sorare
- Exhibit 160: Sorare - Overview
- Exhibit 161: Sorare - Product / Service
- Exhibit 162: Sorare - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 163: Inclusions checklist
- Exhibit 164: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 165: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 166: Research methodology
- Exhibit 167: Validation techniques employed for market sizing
- Exhibit 168: Information sources
- 13.5 List of abbreviations
- Exhibit 169: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- Canada
- Thailand
- China
- Brazil
- Increasing demand for digital art
- Growing number of big brands entering the market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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