NFT Statistics 2023: Sales, Trends, Market Cap and More
Table of Contents
Introduction .
NFTs are blockchain certificates authenticating ownership of a unique asset. Sometimes referred to as non-fungible tokens, these individual assets typically come in the form of art but also have a variety of additional use cases across gaming, collectibles, and financial applications.
NFTs grant the ability to own title on property in the form of a fully transferable digital token, and the NFT space remains replete with latent potential. The Ethereum Name Service (ENS) represents just one example of NFT technology being used to drive mass adoption, with users being able to register unique names to typical blockchain addresses..
These irrevocable digital certificates of ownership will change the world, and this article outlines vital statistics giving users a snapshot of the current state of their adoption. Nansen also provides a broader guide to NFTs here: Everything You Need to Know About NFTs .
NFT Market Statistics
Nansen’s Trends & Indexes dashboard shows that to date in 2022 the Ethereum NFT sphere has seen 8.22 million ETH in trading volume across 2.46 million unique wallets.
The NFT market possesses a total market cap of more than $11.3 billion. To better facilitate an understanding, this is equivalent to and greater than the Gross Domestic Product of many small countries such as Kosovo, Togo, and Somalia. Staggeringly, the total value of the NFT market exceeds in value all the goods and services produced in many nation states!
This data comes from a report published by Verified Market Research (VMR) which further predicted a compound annual growth rate of 33.7% in the following eight years and a prediction that the NFT space will see its total market cap climb to $231 billion by 2030.
The central driver of growth and demand for NFTs currently is collectibles. They have penetrated key industries starting with art and music but rapidly expanding to film, sports, fashion, gaming, the metaverse, ticket sales, supply chains, and luxury goods. Few areas are untouched by NFT technology, and they are steadily growing beyond their fashionable purpose of social clout. For investors interested in owning their own NFT check out Nansen’s guide on becoming an NFT investor: How to Invest in NFTs .
NFT Ownership Statistics
Interestingly roughly 50% of all recorded NFT sales are less than $200, showing that a large part of NFT growth occurs at a grassroots level, and people earning less than $25,000 a year invest at a similar rate to those earning over $150,000 a year.
Nansen’s Trends & Indexes dashboard shows that since April 2022, we’ve seen a constant stream of ~250k wallets have interacted with NFT platforms a week on Ethereum. The bulk of this trading is split between the largest NFT marketplace, OpenSea, and new mints.
The most explosive NFT adoption occurs in Southeast Asia; in the Philippines 32% of the population own an NFT, Thailand 26.6% own an NFT, and Malaysia 23.9% own an NFT, according to research from Finder .
The country with the greatest projected adoption is Nigeria, where 21.7% of the population does not currently own an NFT but has plans to acquire one.
In the United States, 4% of the total population owns an NFT, which is a 100% increase from the year prior, and California residents buy more NFTs than any other state. However, the majority of the population globally still does not know what an NFT is. Nearly 80% of the United Kingdom’s population did not know what an NFT was when asked, and 70% did not know in the United States.
NFT Growth Statistics
The year 2021 saw NFTs explode and experience parabolic growth. Accompanied by a raging bull market, an incredible amount of capital washed into the space. Despite harsh criticism from detractors revolving around two central points – the environmental impact, and the speculative bubble – NFTs have remained, and the bear market forces the sphere to move towards greater utility.
The third quarter of 2021 saw NFT trading volume increase by more than 700% compared to Q2 of the same year. Thousands of NFTs change hands daily across various marketplaces, with anywhere from 15,000 to 50,000 being exchanged in any given week. This figure shows a drastic increase since 2017 when NFT trading volume was limited to less than 100 NFTs a week.
OpenSea has seen 1.85 million transactions, 300,000 unique wallet addresses interacting with smart contracts, and 350,000 ETH trading volume in September 2022. And despite the declining overall volume, the number of individual users and transactions remains steady.
Nansen’s Contract Activity dashboard shows strength and volume returning to smaller projects highlighting the establishing trend of persistent NFT investors remaining active in the space.
Data gathered by Statista showed that the total NFT market cap grew close to tenfold between 2018 and 2020. Projects like NBA Topshot generated close to $1 billion in total sales. NFT sales grew by a factor of 131 from Q1 2020 to Q1 2021. And this collectibles market remains the fastest growing area within the digital asset space.
NFT Art Sale Statistics
Digital artist Kevin McCoy and coder Anil Dash arguably minted the first NFT in May 2014, titled Quantum. This NFT sold at auction years later for $1.4 million. But it does not even come close to the top NFT sale, which was a series created by digital artist Pak known as The Merge, which sold for $91.8 million. The second most expensive NFT sale belonged to Beeple, who sold an NFT titled ‘Everydays: The First 5000 Days’ for a staggering $69.3 million.
Nansen’s Art Index shows a broader overview of NFT Art value. With these collections typically having a lower supply or existing as one off pieces, this index is rebalanced every 90 days to develop a picture of all the transactions within this space. A large percentage of NFT sales come from NFT Collections, two classic examples being the Bored Ape Yacht Club and CryptoPunks. The 10,000 strong troop of primates collectibles have seen a total trading volume in excess of $2 billion since their inception, with an average sale price of $75,000. The pixelated punks have seen a similar total volume and have an average sale price of $107,000 according to NFT. And the importance or social worth of these NFTs is shown in the fact that five of the ten most expensive NFT sales ever are CryptoPunks.
The desirability of these two collections clearly displayed by Nansen, with the two collections often reflecting the daily most expensive sale.
At the time of writing collectibles remain the most popular subsector, but utility NFTs maintain a strong second, and the recent volume surge for the Ethereum Name Service further closes this gap.
The third largest recorded NFT sale was ‘Clock’, which is a digital counter displaying the number of days Julian Assange has remained in London Belmarsh Prison awaiting extradition to the United States. This sold for the equivalent of $52.7 million and is part of a larger NFT collection titled ‘Censored’.
NFT Gaming Statistics
Throughout much of the NFT boom, play to earn games featuring NFTs led. Large protocols such as Axie Infinity created millions in trading volume on Ronin , an Ethereum sidechain. Stepn based on the Solana blockchain saw users buying NFT sneakers to participate in the lifestyle app. NFTs are traded on a growing number of blockchains such as Avalanche and BNB Chain, but most of the activity currently takes place on Ethereum and Solana. Attached is a broader overview of blockchains where users can mint and trade NFTs: Top NFT Blockchains .
The NFT Gaming sector has seen the largest drawdown in value and volume throughout 2022. Certain critics would argue this is reflective of the prioritization of financial incentives by NFT gaming projects instead of the focus on enjoyment.
The number of unique wallet addresses interacting with game-related smart contracts totaled 1.3 million in 2021; this represents a 46X increase in daily users compared to 2020 according to data gathered by centralized exchange ByBit .
9.4% of the United States population have played a play-to-earn NFT game, but adoption is most remarkable in India where 34% of respondents claimed to have played a play-to-earn game. Adoption remains more prolific in Latin America and Asia, where during the pandemic, these games saw dramatic adoption as people used them as a full-time source of income.
NFT gaming remains most popular amongst men under the age of 35. In the United States, close to 18% of participants in this age bracket stated they had played an NFT-based game, this figure dropping to 7.3% from the age range of 35-54, and further to 5% of people 55 and older as reported by Finder .
Current NFT Statistics
Due to NFTs unique characteristics they are categorized as a high-risk asset. This type of asset suffers most in an increasingly risk-off macroeconomic environment as capital flees up the risk ladder towards safer investments.
However, despite these conditions, NFTs continue to move forwards driven primarily by utility applications and forays into the metaverse. As risk appetite dulls, the NFT space moves away from speculation and towards a building period.
Most NFT trading happens on the secondary market accounting for 80% of total trading volume as the primary market contracts. The market continues to become increasingly centralized with Yuga Labs acquiring both CryptoPunks and MeeBits, two of the most profitable NFT collections. This means that Yuga Labs owns projects that total more than 30% of the total NFT trading volume.
Nansen is a blockchain analytics firm synthesizing on-chain data with millions of wallets to provide investors with market alpha, allowing them to stay ahead of the majority. The NFT Paradise dashboard allows investors to monitor the entire market and target specific collections depending on fluctuations in their floor price.
The NFT Trends & Indexes dashboard clearly visualizes the overall direction of the NFT marketplace, with the highest weekly volume of 2022 seen in May, and following the capitulation of digital assets and depressed volume since. However, transactions and users per week are showing that interest in the space is still holding strong and lower volumes are due to prices of NFTs themselves retreating to a more sustainable level.
The NFT space saw incredible capital allocation throughout 2021, and even in the colder prevailing market conditions still sees high trading volume. Despite this, the nascency of this sphere must be held centrally in market participants’ minds. The application cases for NFTs continue to swell, and a slowdown in volume is appropriate so that companies can return to the building process.
The authors of this content and members of Nansen may be participating or invested in some of the protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Nansen does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Nansen at any time without notice. Nansen accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.
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NFT Market Size Statistics and Forecast Report, 2022 - 2032
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NFT Market is segmented based on sales type (primary and secondary market), product type (Collectible Images, Collectible Videos, Collectible Audio, Others), NFT Market by Sector (Music NFT, Art NFT, Movie Avatar NFT, Sports NFT, Adult NFT, Gamification NFT, Metaverse, Utility, DeFi, Others).
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In 2020 the non-fungible token or NFT market size was estimated at $232 Million . Then in 2021 it was valued at $22 Billion , which is a huge increase. This upward trend is expected to continue due to its growing popularity in collectible trading together with the increasing importance of decentralised finance (DeFi), and the market is expected to increase around 3 times by 2031. Avatar NFTs, which are essentially digital headshots, are the most promising product within the collectibles segment of this digital transaction industry. Non-fungible tokens work on a similar programming and format of block chain that is used as the platform for crypto currency. However, NFTs are not currencies. They are digital tokens or an address generated on a block chain, which are completely unique and cannot be copied. No two NFTs are the same. This makes NFT a universally accepted and verifiable digital asset. NFT generally work on Ethereum Block chain along with other platforms such as Matic, Flow, and Wax.
Digital Twin as a Reinvention in Collectibles Industry with Popularity of NFT
Apart from general NFT digital asset ownership, digital twins is another famous block chain based technology that is used to bring authenticity to physical asset trading. A digital twin represents a digital copy of any physical real world product that is purchased along with the real asset to confirm the authenticity and ownership of the product in digital format. In other words it acts as a digital token. This token is used to enable the ownership and exchange of physical assets in digital marketplaces. As this technology is based on block chain technology, the ownership of the asset cannot be tampered with for the reason that it is available on a distributed ledger that has no single location for tampering. Digital twin technology will evolve as a medium that creates correlation between real and virtual world.
Recent Strategic Attempts by Companies and Investors
In March 2021, Tapinator Inc., a smartphone gaming company, developed NFT500, which is a subscription casting service and collection platform focussing on blue chip NFTs. “Casting” refers to something different to normal NFTs. It refers to the display of a digital art asset as an NFT on a physical display. April 2021, the Hall of Fame Resort & Entertainment Company started a non-fungible tokens offering in partnership with Dolphin Entertainment, Inc.
Why is the NFT Market Growing? Key Reasons for the Growth of the NFT Market
NFT has huge potential for application in a plethora of domains to be used as a medium for ownership validation and authenticity for virtual as well as physical products. These days, even event tickets and houses are being sold as NFT tokens. With the growing influence of block chain and globalization, fuelled by increasing internet technology, the tokenization of products will reach even the slow growing economies.
Sports, Art and Entertainment: The Propellers of the Non Fungible Token’s Industry
Digital art was the engine for NFT demand because this was a highly innovative form of contemporary art, achieving great fame and acceptance, but in great of a method to authenticate ownership. That is the environment in which NFT evolved as the answer. As NFT is based on a block chain-based distributed ledger, which leaves a track of its transaction from its creation to the last transaction ever done, the creator can receive royalty for every transaction after the initial sale. This is also referred to as the primary and secondary NFT market. This particular correlation works superbly in the Sports Collectibles Market as well as the entertainment collectibles NFT market. For example, NBA’s Top Shoot block chain product of Sports Star LeBron James got highlighted for $200K.
Gamification as Virtual Real Estate: The Metaverse (Virtual Universe by Meta)
Metaverse is a novel concept that is being explored by Meta (a social media giant and the rebranded company of Facebook). It is about creating a virtual world in a game based platform where gamers can buy virtual real estate such as houses, land and more. The initial real estate on auction by Meta has already been sold. Metaverse holds a significant market share in the NFT market as per the sales realized in 2021. Further, forecast suggests that this very sector is set to witness humongous growth. Strategy role playing games allow players to create virtual game characters that are AI-based and can evolve in intelligence fed by the player or learnt during the game. These characters may get tokenized and can be later on be sold as NFTs - like an AI digital robot character - on various marketplaces (Rarible, OpenSea, etc.). In future, this technology, along with AI, can be huge due to growing millennial involvement in digital gaming.
What are the Applications of NFT? Now and in the Future
NFT holds huge potential for its application in a plethora of domains. Regular evolution of new applications is are being witnessed and the possibilities are limitless. As of now, we see the following major applications of this technology – domain names, virtual real estate, trading card, tickets, game assets, collectibles, art, and entertainment media.
What are the Risks and Disadvantages?
One major disadvantage of this technology is that anyone is free to tokenize a product and scarcity of an item does not necessarily guarantee its value. What’s more, this is an area where the use of pseudonyms is commonplace, which does not engender trust, and fraud is a potential element. There are several different ways that fraud can creep into this market. It is possible to set up fake NFT stores that look similar to authentic stores, copying their logo and even content, but the NFTs they claim to sell are not even there. Another cyber security issue is the possibility of counterfeit NFTs, where impersonators sell fake NFTs in a famous NFT artist’s name.
NFT Market Segmentation Analysis
Digital art, sports and gaming currently contributes to the maximum share of the NFT market. Digital art is an exciting and innovative field for creators and we are continuously witnessing new forms of digital art. And with new forms of art has come new forms of authentication and transaction and now we have digital artists using NFT marketplaces to regulate and control their ownership. NFTs are increasingly being used in digital art, and in future it is likely that NFTs will help the digital art world itself expand as artists see digital art becoming a more financially viable medium. It is worthwhile noting that digital art is mainly of primary market potential for NFTs, but of limited secondary market value. The primary market or primary sale here refers to the first time sale of an NFT, and the secondary market or secondary sale refers to any subsequent resale of that same NFT. The secondary market for digital art as NFTs is limited because art is typically considered as a holding asset, with the buyer hoping to get a good return on their investment much later in time.
When it comes to gaming, NFTs are changing the in-app purchasing system. Although in-game digital product consumption (such as buying virtual currency or skins) has been popular for a while, they come with user permission restrictions and, further, were relegated to the specific app or game they were bought from and could not be withdrawn or transferred across apps or platforms. This represented a major limitation in the market. NFTs, however, are changing this situation, because something that is bought as an NFT actually belongs to the owner and thus allowing for more flexibility. Now it is possible to re-sell a virtual product in-game between users, and what’s more, it opens the possibility of being able to transfer virtual products outside the game. In the case of gaming, as opposed to digital art, the potential for the secondary market is high because users are more likely to quickly re-sell their NFT products. In fact, it is estimated that as much of 75% of transactions in this segment are secondary sales.
Crypto currency Usage in the NFT Market
Crypto currencies are commonly used for buying and selling NFTs because of the security they offer. There are several different crypto currencies being used in the NFT market. Ethereum was the first block chain to support NFTs and is still the most popular. Ethereum makes it so that the transaction history and token metadata is accessible and transparent, in a sort of “public ledger”, so it is simple to verify and track ownership. This makes it difficult to steal NFTs because the ownership data can’t be manipulated by malicious agents. In addition, with Ethereum, NFT-related transactions can occur peer-to-peer without third-party platforms taking hefty fees.
U.S. Leads the Industry with Asia Holding Immense Potential
The non-fungible token market is enjoying massive momentum in the U.S. where Taco, for instance, released a series of NFTs to celebrate its signature dish, selling out in half an hour. In the U.S., Gucci (a fashion brand), has rolled out digital-only sneakers and artists like Beeple have set records by way of multi-million dollar auctioned-off artworks. The NBA and Canadian-based Dapper Labs, makers of the Crypto Kitties game, partnered together to make its version of a collectible digital asset. NBA Top Shot is another type of crypto-collectible that consumers can buy as a non-fungible token. In Asia, WazirX, Indias Bitcoin and crypto currency exchange and trading platform, has launched a NFT marketplace for creators to sell and profit from their digital works. In China, although NFTs are becoming popular, Chinese regulations are exceptionally strict with regards to crypto-technologies. Europe has seen many start-ups popping up recently, such as the French NFT start-up, Arianne, which certifies ownership of virtual luxury goods. And the Great British Olympic team (Team GB) has become the first Olympic team to release an official NFT collection.
Is this a Soap Bubble? Companies must invest or NOT?
Investors and companies, are trying to understand if this is a sudden rise in demand for NFT due to growth in virtual life or is this actually a solid industry. There is a lot of hype and speculation surrounding NFTs and we very well might be witnessing a peak. Transactional data from Open Sea indicates that only 28.5% of NFTs purchased during minting (the process for turning digital files into NFTs) and sold on the platform resulted in a profit. That being said, buying NFTs on the secondary market, in other words from other users, results in profit 65.1% of the time.
Our report will offer you a future forecast of this market with potential investment opportunities. Our research will help you control and regulate you investment capital if a company is planning to start new NFT product line. Also, there are a variety of sales and monetizing model for NFT creators that can be implemented at a low cost capital method. Understanding the primary and secondary market is essential as the source of profit for marketplaces and original creators is not necessarily associated with every sale.
User Investment – Understanding the Customer Perspective
A key tactic for investing in NFTs is to get “whitelisted”. NFT creators allow their loyal followers to be added to a whitelist, which lets them buy new NFTs at a much lower price during minting. According to OpenSea, users who are whitelisted and later flip their newly minted NFT can gain a profit 75.7% of the time. This trend indicates that community involvement is a major aspect of the NFT marketplace. Being a dedicated fan, taking part in the conversation on social media and helping the creator promote the upcoming NFT release is how people can turn NFT hype into profit.
Report Coverage
| Study Period | 2018 - 2031 |
| Historical Period | 2018 - 2021 |
| Forecast Period | 2022 - 2031 |
| Segments Covered | Deep Dive Segmentation (check below) |
| Company Analysis | 20 Companies Covered (with per segment company analysis for easier understanding) |
| Report Format | PDF + Excel Spreadsheet |
| Delivery Time | 1 Business Day |
| Customization Available | 20% Zero cost customization |
NFT Collectibles Market Segment Revenue Breakdown
Analysis by Buying (Revenue, USD Million, 2021 to 2031)
- Primary Market
- Secondary Market
Analysis by Industry (Revenue, USD Million, 2021 to 2031)
- Music NFT Market
- Art NFT Market
- Movie Avatar NFT Market
- Sports NFT Market
- Adult NFT Market
- Gamifiction NFT Market
- Other NFTs
Analysis by Type (Revenue, USD Million, 2021 to 2031)
- Image/GIF NFT
Analysis by Sales Channel (Revenue, USD Million, 2021 to 2031)
- Licensed Collectible Manufacturers
- Specialized NFT Marketplace
Analysis by Country (Revenue, USD Million, 2021 to 2031)
- United States
- Latin America
- United Kingdom
- Philippines
- South Korea
- Saudi Arabia
- Rest of World
NFT Company Profiles
- Cloudflare, Inc.
- Dolphin Entertainment, Inc.
- Nifty Gateway
- MakersPlace
- Decentraland
- PLBY Group, Inc.
- YellowHeart
- Cryptopunks
- NBA Top Shot
- Ethereum Name Services
- CryptoKitties
Detailed Collectibles Market Study: https://www.marketdecipher.com/report/collectibles-market
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- Segmentation
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This is a constantly changing market for non-fungible tokens (NFTs), in which the everchanging kaleidoscope of forces that affect its path has driven it to great heights. The NFT market is especially sensitive to the impact of popular culture and trends. The greater the role played by digital in our everyday lives, and especially as we require unique assets that are scarce digitally (think NFTs), then of course collections will play an increasingly important part. Celebrity endorsements, brand collaborations with artists and influencers are all powerful ways to capture the market in both attending consumer demand but also creating it. Improvements in technology also influence the development of NFT market. Such NFTs are based on an underlying layer of blockchain technology, usually Ethereum-based. This makes the authenticity and rarity or scarcity value (or tokens) clearly verifiable to ensure a secure environment for identifying digital assets as well as conducting trades. A chosen blockchain's scalability and efficiency affect accessibility to the market, along with transaction costs for creators as well as collectors. Another important factor in the NFT market is market sentiment. When people see NFTs as valuable digital assets and when they believe the underlying blockchain technology is stable, this can set off waves of buying or selling. Media reports and public discussion, especially online discussions through social media sites can quickly influence sentiment, thus changing market dynamics rapidly. Many NFTs have artistic and cultural significance, especially many digital art pieces. An NFT's value stretches beyond technological novelty, it is rooted deeply in the cultural and emotional importance for collectors. Value is largely determined by artists 'and creators' reputations, as well as the historical significance of certain NFTs. In particular, environmental concerns have emerged as a major issue in the NFT market since blockchain networks such as Ethereum are very energy intensive. Many in the industry are seeking out and adopting greener alternatives, means of production, etc. It may affect the long-term future prospects and acceptance of blockchain technology to develop environmentally friendly versions.
Covered Aspects:
Report Attribute/Metric Details USD 38.2 Billion USD 48.74 Billion 27.60% (2023-2032) NFT Market Highlights:
Nft market overview.
NFT Market Size was valued at USD 38.2 billion in 2022. The NFT market is projected to grow from USD 48.74 billion in 2023 to USD 342.54 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 27.60% during the forecast period (2024 - 2032). Increasing global demand for digital art and cryptocurrency usage are the key market drivers boosting market growth.
Figure 1: NFT Market Size, 2022-2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
NFT Market Trends
NFTs are presently sweeping the worlds of digital art and collectibles. Just as everyone around the globe believed Bitcoin to be the digital answer to currency, NFTs are currently marketed as the digital solution to collectibles. As a consequence, the lives of digital artists are changing due to massive sales to a new crypto audience. NFT is a digital asset representing Internet collectibles such as art, music, and games with a certificate of authenticity generated by cryptocurrency's blockchain technology. It cannot be falsified or altered in any way. On specialized websites, NFT exchanges are conducted with cryptocurrencies such as Bitcoin. Most non-fungible tokens reside on the blockchain of the Ethereum cryptocurrency, a distributed public ledger that documents transactions. The most prevalent application of NFTs today is in digital content. NFTs increase the profits of content creators because they fuel a creator economy in which creators transfer the proprietorship of their content to the platforms they use for promotion.
Game designers have shown substantial interest in NFTs. NFTs can provide athletes with numerous advantages. Typically, players can only purchase items for their characters in an online game. With NFTs, you can recoup your investment by selling the items upon completion. NFT and DeFi (Decentralized Finance) utilize identical infrastructure. DeFi applications provide the ability to borrow money with collateral. Together, NFT and DeFi investigate using NFTs as collateral instead. The growing use is anticipated to boost the market CAGR during the coming years.
NFTs processed via Security Token Offerings (STO) assist the entity in remaining compliant with US securities laws and regulations. The companies developing NFTs are expected to be registered under US securities laws. The developer of NBA Top Shot NFTs, Dapper Labs, was sued for allegedly selling NFTs as unregistered securities. NBA Top Shot is a blockchain-based digital collectible platform allowing users to sell, purchase, and barter NBA video highlights NFTs. The filing with the Supreme Court asserts that NBA Top Shot moments are securities because their value increases with the initiative's success. Consequently, Dapper Labs is required to register with the US Securities and Exchange Commission. Thus, such factors are driving the NFT market revenue.
NFT Market Segment Insights
Nft offering insights.
Based on offering, the NFT Market segmentation includes business strategy formulation, NFT creation and management, and NFT platforms-marketplace. The business strategy formulation segment dominated the market, accounting for 45%-50% of market revenue. The increasing use of NFTs for business purposes, such as supply chain management and logistics innovation, is anticipated to drive the segment's growth. Increasingly, logistic companies are integrating blockchain technology into their operations, creating new opportunities for the segment's expansion.
Figure 2: NFT Market, by Offering, 2022 & 2032 (USD billion)
NFT End Users Insights
Based on End Users, the NFT Market segmentation includes media and entertainment, gaming, and others (fiance, healthcare, retail, research, and academia). The media and entertainment category generated the most income. In the media and entertainment industry, NFTs have the potential to entirely transform the filmmaking, production, and distribution processes, thereby democratizing this unipolar industry. NFT particularly benefits aspiring filmmakers and artists not widely recognized in the industry.
NFT Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American NFT market area will dominate this market in 2022. Increasing millennial adoption of NFTs in the region is fueling regional market expansion. In addition, the increase in the number of artists creating digital artwork in nations such as the United States and Canada is anticipated to contribute to market expansion in the region. Additionally, significant regional blockchain industry players augur well for the regional market.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: NFT Market Share By Region 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's NFT market accounts for the second-largest market share due to the presence of major blockchain industry players in the region. Further, the German NFT market held the largest market share, and the UK NFT market was the fastest-growing market in the European region
The Asia-Pacific NFT Market is expected to grow at the fastest CAGR from 2023 to 2032. Increasing cryptocurrency adoption in Asia-Pacific nations is anticipated to stimulate regional market expansion. A rise in the development of metaverse platforms by regional businesses is also anticipated to contribute to market expansion. In addition, the expanding gaming industry in the region generates new opportunities for market expansion. Moreover, China’s NFT market held the largest market share, and the Indian NFT market was the fastest-growing market in the Asia-Pacific region.
NFT Key Market Players & Competitive Insights
The market's competitive landscape is exceedingly fragmented. Market participants To strengthen their market positions, market participants prioritize partnership-based strategies. To remain competitive, market participants are also focused on important market developments for enhancing their product offerings to meet users' evolving requirements better.
Consequently, market participants in the global NFT industry invest in R&D to integrate sophisticated technologies into NFTs. In addition, businesses are collaborating with universities around the globe to conduct academic research, support technical development, and innovation in blockchain technology , thereby creating a market expansion opportunity. Major players in the NFT market include YellowHeart, LLC., Cloudflare, Inc., PLBY Group, Inc., Dolphin Entertainment, Inc., Funko, Ozone Networks, Inc., Takung Art Co., Ltd., Dapper Labs, Inc., Gemini Trust Company, LLC., and Onchain Labs, Inc
Cloudflare Inc. is a cloud service provider offering enterprises various services. The company provides a content delivery network, argo smart routing, load balancing, domain name system, bot management , magic transit, rate limiting, Cloudflare access, analytics, Cloudflare spectrum, Cloudflare registrar, and Cloudflare applications. In addition, it provides intelligent routing, content optimization, mobile optimization, image optimization, and a software development kit. The organization serves the government, publishing, financial services, technology, industrial, retail, healthcare, non-profit, and consumer markets. The corporation conducts business in Asia-Pacific, Europe, the Americas, the Middle East, and Africa. Cloudflare's headquarters are located in San Francisco, California.
YellowHeart utilizes Web3's capabilities to assist venues and fans in advancing to the next ticketing phase. NFT Tickets employ an eco-friendly blockchain to increase transparency and participation while reducing fraud. YellowHeart enables venues and artists to use its proprietary Web3 ticketing platform to boost sales through tiered and customizable web3 tools that drive traffic, energize engagement, and reduce ticket fraud and reselling.
Key Companies in the NFT market include
- YellowHeart
- Dolphin Entertainment
- Ozone Networks
- Dapper Labs
- Gemini Trust Company
- Onchain Labs
NFT Industry Developments
March 2022 LimeWire announced its partnership with the proof-of-stake blockchain cryptocurrency protocol Algorand. Through this collaboration, the first company will utilize Algorand as the foundation for its NFT marketplace.
January 2022 UFC Strike, a highly anticipated NFT collectible product, was formally by Dapper Labs in collaboration with UFC, the world's foremost mixed martial arts organization. UFC Strike Moment NFT is intended to document, commemorate, and honor a particular moment in UFC history.
November 2021 OpenSea added new features, including a new collection evaluation pop-up, updates on the activity page, the creator's address on collection pages, and the homepage's top collection, among others, following its integration with Adobe.
NFT Market Segmentation
Nft offering outlook.
- Business Strategy Formulation
- NFT Creation and Management
- NFT Platforms-Marketplace
NFT End Users Outlook
- Media and Entertainment
- Others (Fiance, Healthcare, Retail, Research, and Academia)
NFT Regional Outlook
North america.
- Rest of Europe
Asia-Pacific
- South Korea
- Rest of Asia-Pacific
Rest of the World
Middle East
Latin America
- NFT Companies
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Non-Fungible Tokens (NFT): Global Market
Report Code: IFT248A
Publish Date: Nov 2022
Publisher: BCC Publishing
Category: Information Technology
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- Report Overview
Table of Contents
Report highlights.
The global NFTs market should reach $37.6 billion by 2022 and $125.6 billion by 2027, with a compound annual growth rate (CAGR) of 27.3% during the forecast period of 2022-2027.
Report Includes
- 37 data tables and 37 additional tables
- A comprehensive overview and up-to-date analysis of the global markets for non-fungible tokens (NFTs)
- Analyses of the global market trends, with historic market revenue data for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Estimation of the actual market size and revenue forecast for non-fungible tokens in USD million values, and their corresponding market share analysis by technology type, product segment, end-use industry, and geographic region
- Updated information on market opportunities and drivers in the NFTs and other blockchain based crypto markets, key shifts and trends, regulations and industry specific challenges, and other factors that will shape this market demand over the coming years (2022-2027)
- Coverage of the technological, economic, and business considerations of non-fungible tokens market, with analyses and growth forecasts through 2027
- Discussion of the industry value chain analysis for non-fungible tokens providing a systematic study of key intermediaries involved, with emphasis on solutions and service providers and major types of end-use industries across different regions
- Evaluation of the companies best positioned to meet this market demand owing to their proprietary technologies, product launches, mergers and acquisition deals, and other strategic advantages
- A relevant patent analysis on NFTs with significant allotments of patent data across each major category
- Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
- Company profiles of major players within the industry, including Cloudflare, Inc.; Foundation Inc.; Gemini Trust Company, LLC; OpenSea and Rarible
Report Scope
In this report, the market has been segmented based on market type, asset type, product type, end user, and geography. The report provides an overview of the global NFTs market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period 2022-2027. Market values have been estimated based on the total revenue of NFTs providers.
The report covers the market for NFTs with regards to the user base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for NFTs in 2021 and provides projections for the expected market size through 2027. The scope of the study includes NFTs platforms and associated services.
Report Synopsis
Report Metrics Details Base year considered 2021 Forecast period considered 2022-2027 Base year market size $17.7 billion Market size forecast $125.6 billion Growth rate CAGR of 27.3% from 2022 to 2027 Units considered $ Billions Segments covered Market type, Asset type, Product type, End user and Region Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW) Countries covered U.S., Canada, Mexico, Germany, U.K., France, Rest of Europe, China, Japan, India, South Korea, Rest of Asia-Pacific, South America, Middle East and Africa Key Market Drivers Companies studied ANTIER SOLUTIONS PVT. LTD. ART BLOCKS, IO AXIE INFINITY CLOUDFLARE INC. DAPPER LABS INC. FOUNDATION INC. GEMINI TRUST COMPANY, LLC. OPENSEA RARIBLE SEMIDOT INFOTECH SORARE SUPERRARE THE SANDBOX YELLOWHEART LLC. YUGA LABS Frequently Asked Questions (FAQs)
What is the projected market size and growth rate of the nfts market, what are the key factors driving the growth of the nfts market, what segments are covered in the nfts market, by product type, which segment will dominate the market by the end of 2027, which region has the highest market share in the nfts market, who are the key companies/players in the nfts market, analyst credentials.
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Title/Chapter Name Pages Member Price 147 Free Chapter- 1: Introduction 10 Free Chapter- 2: Summary and Highlights 2 Free Chapter- 3: NFTs: Market Overview 38 Free Chapter- 4: Market Breakdown by Asset Type 7 Free Chapter- 5: Market Breakdown by Product Type 14 Free Chapter- 6: Market Breakdown by Market Type 6 Free Chapter- 7: Market Breakdown by End User 6 Free Chapter- 8: Market Breakdown by Region 31 Free Chapter- 9: Competitive Landscape 6 Free Chapter- 10: Company Profiles 27 Free Related Reports
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NFT market worth $231B by 2030? Report projects big growth for sector
Continued adoption of nonfungible tokens across a variety of industries from video gaming, music, art and digital collections could see the sector valued at $231 billion by 2030.
Own this piece of crypto history
A market report published by Verified Market Research (VMR) provides a lofty prediction for the future of the nonfungible token (NFT) market, projecting its value to swell to $231 billion by 2030.
The global research and consulting firm valued the global NFT market at $11.3 billion in 2021 as part of 202-page deep dive into the burgeoning space. VMR predicted that the sector will grow at a compound annual growth rate of 33.7% over the next eight years. A key driver of demand for NFTs is their proliferation across multiple industries and walks of life, including music, films and sports. The report highlights some key areas of interest and use cases that have helped drive NFT sales.
The gaming sector has been a key driver of adoption, with the report highlighting Enjin as one of the first major gaming firms to combine blockchain technology with its infrastructure and launch its own token (ENJ). The ecosystem transformed in-game assets into NFTs to allow gamers to monetize in-game assets.
Play-to-earn gaming also tapped into NFT markets, with Axie Infinity ( AXS ) offering users in the Philippines an alternative revenue source during the COVID-19 pandemic, which has been the subject of much intrigue and inevitable regulatory attention .
Related: CryptoPunk sells for $2.6M as big NFT brands floor prices increase
The world of sport continues to dabble in NFT offerings, with the VMR report highlighting Dapper Labs’ partnership with UFC to launch collectibles. UFC Strike is a similar concept to the widely popular NBA Top Shots, with NFTs of highlights set to digitize and monetize UFC history.
In the business world, NFT marketplace OpenSea integrated Adobe service to introduce a number of features to its offering as conventional IT solutions converge with blockchain-based platforms.
VMR’s report shared a similar outlook to a report on NFTs released by growth consulting firm SkyQuest Technology in May 2022. The firm projected an analogous growth rate of 34% for the sector between 2022 and 2028 while valuing the market at $15.7 billion in 2021.
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96% of NFTs Are Considered Dead, Report Says
- 96% of NFT collections are now considered dead, with 43% of holders facing losses according to recent research.
- Azuki NFTs remain highly profitable, while Pudgy Penguins saw a 97% value decline despite previous success.
- NFT market faces rising failure rates, fraud risks, and shorter project lifespans, impacting investors' confidence.
Following a remarkable boom in 2022, the hype surrounding non-fungible tokens (NFTs) is fading, with a recent report revealing that 96% of NFT collections are now considered dead.
Researchers analyzed 5,000 NFT collections and tracked approximately 5 million transactions, examining metrics such as holder profitability, collection performance, and project longevity to reach this conclusion.
Report Shows 96% of NFT Projects Are Dead
Research from NFT Evening reveals that 96% of NFT projects are considered dead , with 43% of holders currently unprofitable. On average, NFT holders are facing a 44.5% loss, and the typical lifespan of an NFT is just 1.14 years — 2.5 times shorter than that of crypto projects. Notably, nearly one-third of NFT projects “died” in 2023, marking a record-high failure rate.
The Azuki collection ranks as the most profitable NFT digital collectible, with holders seeing a ROI of over 2.3X. Azuki’s “strong community engagement and effective marketing strategies” drive its high profitability, sustaining interest and turnover in the collection.
In May, BeInCrypto reported that Azuki NFT sales soared to record highs, reaching $1.13 million in a single month, with total sales surpassing $1.12 billion. This continued success highlights a strong, lasting interest in high-value NFTs. According to Cryptoslam data , other popular NFT collections, such as CryptoPunks and Bored Ape Yacht Club, also remain top choices.
Read more: 7 Best NFT Marketplaces You Should Know in 2024
In contrast, the Pudgy Penguins collection is classified as one of the “dead” projects despite its strong performance in May. Research shows that holders of Pudgy Penguins NFTs are currently experiencing significant losses, with a stark 97% decline.
Disparities in holders’ profit and loss rates, the gap between successful and failing collections, and variations in project lifespan reveal that the NFT market is no longer the golden goose it once appeared to be.
“It is true that the majority of PFP style NFTs have lost most of their value, which is fair and expected given that most were derivative of a few innovative early projects in the first place. This is true of crypto tokens as a whole as well. There is a well known dynamic across multiple crypto market cycles where innovation and price increases draw in speculators which pushes up many worthless derivative tokens, but which then funds the next cycle development and innovation,” Theta Labs Head of Strategy Wes Levitt told BeInCrypto.
Read More: 10 Best NFT Marketing Agencies To Promote Your Digital Art
Meanwhile, the Trump NFT collection continues its growth with the release of a fourth series , “America First.” Additionally, Tron founder Justin Sun has announced plans to launch his own NFT project on the blockchain
With the report showing big differences in how NFT projects perform, investors need to do careful research. Issues like rug pulls, where projects disappear with investors’ money, and wash trading, which fakes demand, are common in the NFT space. Plus, the legal rules around NFTs are still unclear, making it risky for people thinking about entering the market.
“The PFP side of NFTs was always on the speculative end of things by its nature, but the funds coming into the space have also supported more meaningful NFT projects. In the future, NFTs that aim for longstanding value will need to provide benefits in ownership rather than relying on hype and speculation,” Levitt added.
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NFT Market In Crisis: 96% Of Digital Tokens Declared 'Dead' As Investor Losses Mount
Zinger key points.
- The average lifespan of an NFT project is just 1.14 years, significantly shorter than traditional cryptocurrency projects.
- Successful projects like Azuki stand out with 2.3 times profit, while Pudgy Penguins holders face 97% losses.
The once-booming non-fungible token (NFT) market is facing an unprecedented crisis, with a shocking 96% of NFTs now considered “dead.”
This digital extinction event comes as nearly half of NFT holders grapple with significant financial losses, casting a long shadow over the future of digital ownership and blockchain-based assets, according to a report by NFT Evening .
According to a recent study examining over 5,000 NFT collections and 5 million transactions, 96% of NFT projects are now considered “dead.”
The study, which assessed NFTs based on trading volume, recent sales and social media activity, found that the vast majority of NFTs no longer show signs of market viability.
Financial data from the report paints a grim picture for NFT investors.
Over 43% of NFT holders are currently unprofitable, with the average holder experiencing a 44.5% loss on their investments.
The lifespan of NFTs has also come under scrutiny.
The average NFT now lasts just 1.14 years, which is 2.5 times shorter than traditional cryptocurrency projects.
This brief existence speaks to the rapid turnover and potential lack of long-term value in many NFT projects.
Also Read: Bitcoin, Ethereum Pull Back: Crypto Market Faces Turbulence Amid Economic Uncertainty
The year 2023 marked a particularly challenging period for NFTs, with nearly one-third of all “dead” NFTs meeting their demise during those 12 months.
While some NFT collections have managed to maintain profitability, the disparity between successful and failing projects is stark.
The Azuki collection stands out as the most profitable, with holders seeing over 2.3 times the profit on their investments. In contrast, holders of Pudgy Penguins NFTs are facing a 97% loss, making it the most unprofitable collection analyzed in the study.
As the industry grapples with these sobering statistics, many are looking ahead to events like Benzinga’s Future of Digital Assets conference on Nov. 19.
Read Next: • SEC Charges Galois Capital With Custody Rule Violations, Misleading Investors
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Lazard Interim Secondary Market Report 2024
Reports and studies — Financial Advisory, Secondary Market
September 05, 2024
Secondary Deal Flow Off to Fastest First Half Ever, Building on Accelerating 2023 Momentum
The secondary market demonstrated considerable strength in the first half of 2024, generating an estimated $71 billion of volume and building the foundation for a record year overall. Despite some positive trends in the M&A market, lagging distributions have encouraged sponsors and limited partners to access the GP-led and LP-led secondary markets to generate liquidity.
On the demand side of the equation, a proliferation of new entrants entering the secondary market and the notable rise of ’40 Act fund AUM has increased the amount of capital to deploy. Combined with significant pools of capital being raised by traditional secondary investors for subset strategies and flagship funds, the demand for transactions has improved pricing across nearly all strategies.
Key Report Findings
- The secondary market had a strong start in H1’24 and is anticipated to surpass its 2023 performance, with continued growth expected in the forthcoming years
- A surge in GP-led and LP-led deals is forecasted to persist in H2’24, propelled by the emergence of new capital sources, including specialist investors and increasing ’40 Act funds AUM
- Despite an anticipated increase in M&A and IPO activities, secondary deal volume is expected to remain robust going forward given GP’s and LP’s increasing predisposition to actively manage their portfolios
Six Predictions for the H2 2024
- Record-breaking market volume in FY 2024 given strong H1’24 performance
- Accelerating GP-led transaction volume in H2’24 driven by demand for continuation funds, particularly for Single-Asset transactions
- Bid-ask spreads will continue to narrow as buyside appetite grows and new entrants ramp up deployment pace, assuming recession risk recedes
- Increased breadth of LP-led transactions involving traditional funds, secondary funds, co-investment portfolios and management fund opportunities
- More traditional sponsors to expand their strategies to include GP-led teams, with a focus on Single-Asset continuation funds
- ’40 Act funds will put significant upward pressure on certain fund portfolios given increasing monthly inflows and the need to rapidly deploy that capital
Source: Lazard Estimates.
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The global non-fungible token market size was estimated at USD 26.9 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 34.5% from 2024 to 2030. non-fungible token (NFTs) are assets that have been tokenized via a blockchain. These unique cryptographic tokens that exist on the blockchain cannot be replicated, and ...
Annual market size of NFT in different segments worldwide 2018-2021 Value of sales involving a non-fungible token (NFT) in gaming, art, sports and other segments from 2018 to 2021 (in million U.S ...
Mapping the NFT revolution: market trends, trade networks ...
The NFT market size is projected to grow USD 342.54 billion by 2032, exhibiting a CAGR of 27.60% during the forecast period 2024 - 2032. ... NFT Market Research Report Information By Offering (Business Strategy Formulation, NFT Creation and Management, and NFT Platforms-Marketplace), By End Users (Media and Entertainment, Gaming, and Others ...
the NFT landscape through this comprehensive report. We have gathered in-depth insights from conversations with over 40 top-tier organizations, examining the main NFT applications, potential pitfalls and hurdles to overcome. The results of our research indicate that NFTs have the potential to notably improve customer
This data comes from a report published by Verified Market Research (VMR) which further predicted a compound annual growth rate of 33.7% in the following eight years and a prediction that the NFT space will see its total market cap climb to $231 billion by 2030. The central driver of growth and demand for NFTs currently is collectibles.
In July 2020, the NFT market started to grow2 and attracted a huge attention in March 2021, when the artist known as Beeple sold an NFT of his work for $69.3 million at Christie's 8 . e purchase
In 2020 the non-fungible token or NFT market size was estimated at $232 Million. Then in 2021 it was valued at $22 Billion, which is a huge increase. This upward trend is expected to continue due to its growing popularity in collectible trading together with the increasing importance of decentralised finance (DeFi), and the market is expected to increase 1000s time by 2031.
The global non-fungible token market size is anticipated to reach USD 211.7 billion by 2030, registering a CAGR of 34.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing demand for digital art worldwide is one of the major factors driving market growth. Digital art is defined as the art that is displayed or ...
The global Non-fungible Token (NFT) market size reached USD 15.54 Billion in 2021 and is expected to reach USD 214.57 Billion in 2030 registering a CAGR of 34.2%. Non-fungible Token market growth is primarily driven owing to rise of digital assets and collectibles, growing popularity of blockchain-based gaming as well as the metaverse
The NFT market worldwide is projected to grow by -11.01% (2024-2025) resulting in a market volume of US$608.6m in 2025. ... Industry & Market reports. ... we combine expertise in research ...
At the beginning of 2021, only a niche group of crypto enthusiasts knew what non-fungible tokens (NFT) were. But by the end of the year nearly $41bn had been spent on NFTs, according to the latest ...
The non-fungible token (NFT) market took off in 2021. Trading volume reached $11.7 billion in the fourth quarter, increasing tenfold over the course of the year, and there were 2.7 million unique ...
Non-fungible Token (NFT) Market Size (2024 - 2030) The Global Non-fungible Token (NFT) Market was valued at USD 19.46 billion and is projected to reach a market size of USD 152.54 billion by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 34.2%. A non-fungible token is a type of digital ...
Based on data from NFTGo, over 50% of the NFT projects have a market cap between 100 to 1000 ETH ($0.2M to $2.1M as of April 2023). Following this, the next category is the 0 to 100 ETH range, which has a total of 1550 projects. In addition, 125 projects hold a market cap of 100K ETH and above.
NFT activity ebbs and flows month to month — in 2022 thus far, the value sent to NFT marketplaces continued its 2021 growth in January, entered a downturn in February, and then began to recover in mid-April. Overall, collectors have sent over $37 billion to NFT marketplaces in 2022 as of May 1, putting them on pace to beat the total of $40 ...
Congressional Research Service https://crsreports.congress.gov R47189 . Congressional Research Service SUMMARY ... 2021-nft-market-report-presented-by-nonfungible; Allyson Versprille, "NFT Market Surpassed $40 Billion in 2021, New Estimate Shows," Bloomberg, January 6, 2022, ...
The 202-page research report on the NFT market space published by VMR said that the global NFT market would be valued at $11.3 billion in 2021. As per the report, the sector is predicted to grow ...
The 200 pages, 70 metrics and 15 interviews of this report have been designed to give you the most complete and up-to-date overview of the different facets of the NFT industry. Order your pro copy of the NonFungible.com Yearly NFT Market Report 2021! Market cap, trends, charts, industry leader insights to help navigate the digital asset ecosystem.
Non-Fungible Tokens (NFT): Global Market. In this report, the market has been segmented based on market type, asset type, product type, end user, and geography. The report provides an overview of the global NFTs market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period 2022 ...
NFT Market Overview. NFT Market Size was valued at USD 38.2 billion in 2022. The NFT market is projected to grow from USD 48.74 billion in 2023 to USD 342.54 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 27.60% during the forecast period (2024 - 2032). Increasing global demand for digital art and cryptocurrency usage are the key market drivers boosting market growth.
BCC Research Market Report for Non-Fungible Tokens (NFT). Global NFT market size and analyses of global market trends, with CAGRs through 2027. ... Our mission is to provide businesses with reputable data and market research reports, so that they gain new perspectives into their field and better understand their target audience. We enable ...
A market report published by Verified Market Research (VMR) provides a lofty prediction for the future of the nonfungible token (NFT) market, projecting its value to swell to $231 billion by 2030 ...
NFT market faces rising failure rates, fraud risks, and shorter project lifespans, impacting investors' confidence. ... Report Shows 96% of NFT Projects Are Dead. Sponsored. Sponsored. Research from NFT Evening reveals that 96% of NFT projects are considered dead, with 43% of holders currently unprofitable. On average, NFT holders are facing a ...
Financial data from the report paints a grim picture for NFT investors. Over 43% of NFT holders are currently unprofitable, with the average holder experiencing a 44.5% loss on their investments.
Lazard Interim 2024 Secondary Market Report pdf — 1.4MB Download Secondary Deal Flow Off to Fastest First Half Ever, Building on Accelerating 2023 Momentum The secondary market demonstrated considerable strength in the first half of 2024, generating an estimated $71 billion of volume and building the foundation for a record year overall.
U.S. Kids Play Couches Market Report Scope. Report Attribute. Details. Market size value in 2024. USD 1,030.1 million. Revenue forecast in 2030. USD 1,432.7 million. Growth Rate. CAGR of 5.7% from 2024 to 2030. Actuals. ... Avail customized purchase options to meet your exact research needs.
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