Non-fungible Token (NFT) Market Analysis APAC, North America, South America, Europe, Middle East and Africa - US, Canada, Thailand, China, Brazil - Size and Forecast 2024-2028

Published: Nov 2023 Pages: 162 SKU: IRTNTR73238

NFT Market Size and Forecast 2024-2028 :

The Non-fungible Token Market size is projected reach to USD 92.98 billion by 2028, at a CAGR of 30.23% during forecast year. The growth of the market depends on several factors, including the increasing demand for digital art, the growing investments in digital assets, and the unique authentication of ownership of digital assets. A non-fungible token is a cryptographic token with a unique identification code. NFTs help create a digital token that represents the ownership of a tangible or intangible asset, such as art, music, in-game items, and videos. One NFT is completely different from another NFT. Therefore, they cannot be traded or interchanged.

The report offers extensive research analysis on the Non-fungible Token Market, with a categorization based on Application, including collectibles, sports, arts, and others. It further segments the market by End-user, encompassing personal and commercial. Additionally, the report provides Geographical segmentation, covering APAC, Europe, North America, Middle East and Africa, and South America. Market size, historical data (2018-2022), and future projections are presented in terms of value (in USD billion) for all the mentioned segments.

What will be the Size of the Non-fungible Token Market During the Forecast Period?

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NFT Market Overview

Latest Market Driver

One of the key factors driving the market growth is the unique authentication of ownership of digital assets. Some of the crucial factors driving the growth of the global non-fungible token market are the high security and unique authentication of ownership. In addition, NFT uses blockchain technology for storing and authenticating NFTs. Furthermore, the person purchasing the NFT has ownership of the digital asset.

Moreover, with a new purchase, the ownership of the digital asset is marked on a digital ledger called Blockchain. In addition, the blockchain network that backs the non-fungible token market place records the transaction; as it is a public platform, it provides transparency to the sale. Furthermore, blockchain technology allows NFTs to be publicly authenticated, serving as a digital signature that certifies the ownership and authenticity of the NFT. Hence, such factors are driving the market growth during the forecast period.

Key Market Trends

A key factor shaping the non-fungible token market growth is the growing interest in NFTs among major brands.  Several big brands including Visa Inc. and Budweiser are showing more interest in buying NFTs rather than making their own NFTs. For example, in August 2021, Visa Inc. purchased a CryptoPunk, which is a non-fungible token collection on the Ethereum blockchain.

Moreover, NFT for around USD165,000. Visa Inc. added this NFT to its collection of historic commerce artifacts. In addition, the major factor driving the adoption of NFTs in big brands is the potential for additional earnings. Furthermore, these players are focusing on using these NFTs as rewards for their consumers. Hence, such factors are positively impacting the non-fungible token market. Therefore, it is expected to drive the market growth during the forecast period.

Significant Market Restrain

Legal and regulatory challenges associated with non-fungible tokens are one of the key challenges hindering the non-fungible token market growth. A list of laws and regulations are required to be implemented for the NFT marketplace.  In addition, businesses should assess whether their NFT is a regulated investment, security, or payment instrument.  Furthermore, though NFTs are not regulated strictly, they could trigger legal obligations if they exhibit characteristics of different regulated investment units, such as mutual funds, traded funds, and others.

Moreover, these regulatory obligations vary from know your client identification and verification and associated record-keeping and monitoring obligations as well as different compliance obligations within respective anti-money-laundering laws. Hence, such regulations are negatively impacting the non-fungible token market. Therefore, it is expected to hinder the market growth during the forecast period.

Non-fungible Token Market Segmentation By Application

The collectibles segment is estimated to witness significant growth during the forecast period. The growth of the collectible segment is fuelled by the growing demand for digital assets across the world. In addition, most industries have gone digital to market their products.  Furthermore, 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.

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The collectibles segment was the largest segment and was valued at USD 4.56 billion in 2018. Moreover,  the emergence of tokenization in the digital asset industry is fuelling the growth of this segment. In addition, tokenization helps create a digital token that represents the ownership of any tangible or intangible asset. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.

Non-fungible Token Market Segmentation By End-user

The increasing benefits will fuel the personal segment which will increase the market growth during the forecast period. By utilizing it, people can strengthen their identities and prevent fraud in their Web 3 transactions. In addition, the ideal approach to implement digital identifications, which are at the core of the future Internet, is through blockchain-enabled NFTs. Moreover, with a single uncrackable verification mechanism, NFT can do a lot of things, including paying taxes, placing orders, renewing licenses, and managing subscriptions. In addition, it will simplify people's lives in terms of their medical health. Furthermore, Players can utilize it to secure their video game winnings and validate their gains using the digital identity concept. NFTs facilitate trading in games, which can increase value because NFT objects in games can vary in rarity. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.

Regional Overview

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APAC is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. One of the main factors which is fuelling the market growth in APAC is the growing demand for digital assets in countries like Singapore, China, South Korea, the Philippines, and Japan. In addition, Korean retail channels are expanding their footprint into the flourishing NFT business by selling art and fashion items. For example, 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. Moreover, in April 2022, Lotte Home Shopping Inc. is expected to launch a non-fungible token (NFT) marketplace in South Korea. Hence, such developments are driving the market growth in APAC during the forecast period.

NFTMarket Customer Landscape

The non-fungible token market 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 Market Companies?

Companies 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.

Binance Holdings Ltd: The company offers non-fungible token services such as Binance NFT. 

Decentraland Foundation: The company offers non-fungible token services such as CryptoPunk and Bored Ape NFTs and NFT based wearable.

Enjin Pte. Ltd: The company offers non-fungible token services such as Enjin Wallet for managing NFTs. 

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • AirNFTs Platform
  • Asynchronous Art Inc.
  • Blockchain App Factory
  • Celer Network
  • Chaincella
  • Foundation Labs Inc.
  • Funko Inc.
  • Gemini Trust Co. LLC
  • Mintable.app
  • Ozone Networks Inc.
  • Out The Mud Ventures Inc.
  • Rarible Inc.
  • Sky Mavis
  • SuperRare Labs Inc.
  • Tiki Labs Inc.
  • Yellowheart LLC
  • Axie Infinity

Qualitative and quantitative analysis of companies 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 companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.

  •  Application Outlook
    • Collectibles
    • Sports
    • Arts
    • Others
  • End-user Outlook
    • Personal
    • Commercial
  • Geography Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Non-fungible Token (NFT) Market Scope

Report Coverage

Details

Page number

162

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 30.23%

Market Growth 2024-2028

USD 68.16 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

23.27

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 Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

AirNFTs Platform, Asynchronous Art Inc., Binance Holdings Ltd., Blockchain App Factory, Celer Network, Chaincella, Decentraland Foundation, Enjin Pte. Ltd., Foundation Labs Inc., Funko Inc., Gemini Trust Co. LLC, Mintable.app, Ozone Networks Inc., Out The Mud Ventures Inc., Rarible Inc., Sky Mavis, SuperRare Labs Inc., Tiki Labs Inc., Yellowheart LLC, and Axie Infinity

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, the 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.

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What are the Key Data Covered in the Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market across APAC, North America, South America, Europe, and the Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies 

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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 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global Non-fungible Token (NFT) market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global non-fungible token (nft) market 2018 - 2022 ($ billion)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 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 2023-2028
      • Exhibit 34: Chart on Collectibles - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Collectibles - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Collectibles - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Collectibles - Year-over-year growth 2023-2028 (%)
    • 6.4 Sports - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Sports - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Sports - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Sports - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Sports - Year-over-year growth 2023-2028 (%)
    • 6.5 Arts - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Arts - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Arts - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Arts - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Arts - Year-over-year growth 2023-2028 (%)
    • 6.6 Others - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.7 Market opportunity by Application
      • Exhibit 50: Market opportunity by Application ($ billion)
      • Exhibit 51: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 52: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 53: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 54: Chart on Comparison by End-user
      • Exhibit 55: Data Table on Comparison by End-user
    • 7.3 Personal - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Personal - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Personal - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Personal - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Personal - Year-over-year growth 2023-2028 (%)
    • 7.4 Commercial - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Commercial - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 64: Market opportunity by End-user ($ billion)
      • Exhibit 65: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 South America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.6 Europe - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 Thailand - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Thailand - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Thailand - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Thailand - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Thailand - Year-over-year growth 2023-2028 (%)
    • 9.10 Brazil - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Brazil - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Brazil - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Brazil - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Brazil - Year-over-year growth 2023-2028 (%)
    • 9.11 China - Market size and forecast 2023-2028
      • Exhibit 103: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.12 Canada - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 AirNFTs Platform
              • Exhibit 119: AirNFTs Platform - Overview
              • Exhibit 120: AirNFTs Platform - Product / Service
              • Exhibit 121: AirNFTs Platform - Key offerings
            • 12.4 Asynchronous Art Inc.
              • Exhibit 122: Asynchronous Art Inc. - Overview
              • Exhibit 123: Asynchronous Art Inc. - Product / Service
              • Exhibit 124: Asynchronous Art Inc. - Key offerings
            • 12.5 Binance Holdings Ltd.
              • Exhibit 125: Binance Holdings Ltd. - Overview
              • Exhibit 126: Binance Holdings Ltd. - Product / Service
              • Exhibit 127: Binance Holdings Ltd. - Key offerings
            • 12.6 Blockchain App Factory
              • Exhibit 128: Blockchain App Factory - Overview
              • Exhibit 129: Blockchain App Factory - Product / Service
              • Exhibit 130: Blockchain App Factory - Key offerings
            • 12.7 Chaincella
              • Exhibit 131: Chaincella - Overview
              • Exhibit 132: Chaincella - Product / Service
              • Exhibit 133: Chaincella - Key offerings
            • 12.8 Decentraland Foundation
              • Exhibit 134: Decentraland Foundation - Overview
              • Exhibit 135: Decentraland Foundation - Product / Service
              • Exhibit 136: Decentraland Foundation - Key offerings
            • 12.9 Funko Inc.
              • Exhibit 137: Funko Inc. - Overview
              • Exhibit 138: Funko Inc. - Product / Service
              • Exhibit 139: Funko Inc. - Key news
              • Exhibit 140: Funko Inc. - Key offerings
            • 12.10 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
            • 12.11 Mintable.app
              • Exhibit 145: Mintable.app - Overview
              • Exhibit 146: Mintable.app - Product / Service
              • Exhibit 147: Mintable.app - Key offerings
            • 12.12 Ozone Networks Inc.
              • Exhibit 148: Ozone Networks Inc. - Overview
              • Exhibit 149: Ozone Networks Inc. - Product / Service
              • Exhibit 150: Ozone Networks Inc. - Key offerings
            • 12.13 Out The Mud Ventures Inc.
              • Exhibit 151: Out The Mud Ventures Inc. - Overview
              • Exhibit 152: Out The Mud Ventures Inc. - Key offerings
            • 12.14 Rarible Inc.
              • Exhibit 153: Rarible Inc. - Overview
              • Exhibit 154: Rarible Inc. - Product / Service
              • Exhibit 155: Rarible Inc. - Key offerings
            • 12.15 SuperRare Labs Inc.
              • Exhibit 156: SuperRare Labs Inc. - Overview
              • Exhibit 157: SuperRare Labs Inc. - Product / Service
              • Exhibit 158: SuperRare Labs Inc. - Key offerings
            • 12.16 Tiki Labs Inc.
              • Exhibit 159: Tiki Labs Inc. - Overview
              • Exhibit 160: Tiki Labs Inc. - Product / Service
              • Exhibit 161: Tiki Labs Inc. - Key offerings
            • 12.17 Yellowheart LLC
              • Exhibit 162: Yellowheart LLC - Overview
              • Exhibit 163: Yellowheart LLC - Product / Service
              • Exhibit 164: Yellowheart LLC - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 165: Inclusions checklist
                • Exhibit 166: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 167: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 168: Research methodology
                • Exhibit 169: Validation techniques employed for market sizing
                • Exhibit 170: Information sources
              • 13.5 List of abbreviations
                • Exhibit 171: 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

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              non-fungible token (nft) market 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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