Global Blockchain Gaming Market 2024-2028
The blockchain gaming market is forecasted to grow by USD 43458.37 mn during 2023-2028, accelerating at a CAGR of 58.51% during the forecast period. The report on the blockchain gaming market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise of professional gaming, employment of enhanced security and anti-cheating measures in blockchain gaming, and increasing demand for smart contracts and automated transactions.
Technavio's blockchain gaming market is segmented as below:
By Type
- Role playing games
- Open world games
- Collectible games
By Platform
- ETH
- BNB chain
- Polygon
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increase in emergence of play to earn gaming model as one of the prime reasons driving the blockchain gaming market growth during the next few years. Also, rise in collaborations between blockchain gaming companies and traditional gaming companies and advent of artificial intelligence in blockchain gaming will lead to sizable demand in the market.
The report on the blockchain gaming market covers the following areas:
- Blockchain gaming market sizing
- Blockchain gaming market forecast
- Blockchain gaming market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading blockchain gaming market vendors that include Animoca Brands Corp. Ltd., Big Time Studios, Cubix, Dapper Labs Inc., Decentraland Foundation, EverdreamSoft SA., Find Satoshi Lab, Gods Unchained, HYTOPIA, Immutable Pty Ltd, Merit Circle, My Crypto Heroes, Mythical Games, Ozone Networks Inc., Quy Technology Pvt. Ltd., Sky Mavis, VK LLC, World of Ether, and Yield Guild Games Association. Also, the blockchain gaming market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.