Global Non-Fungible Token(NFT) Market Growth (Status and Outlook) 2025-2031

The global Non-Fungible Token(NFT) market size is predicted to grow from US$ 2708 million in 2025 to US$ 9321 million in 2031; it is expected to grow at a CAGR of 22.9% from 2025 to 2031.

Non-Fungible Token (NFT) is a kind of encrypted digital equity certificate based on blockchain technology that cannot be copied, tampered with, or divided. It can be understood as a decentralized “virtual asset”. Or the digital ownership certificate of the physical asset". From a technical perspective, NFTs are issued in the form of smart contracts. A smart contract can issue one or more NFT assets, including physical assets such as physical collections, event tickets, and virtual assets such as images, music, and game props.Non-Fungible Token (NFT) is a kind of encrypted digital equity certificate based on blockchain technology that cannot be copied, tampered with, or divided. It can be understood as a decentralized “virtual asset”. Or the digital ownership certificate of the physical asset". From a technical perspective, NFTs are issued in the form of smart contracts. A smart contract can issue one or more NFT assets, including physical assets such as physical collections, event tickets, and virtual assets such as images, music, and game props.

Global key non-fungible token (NFT) players include Larva Labs, OpenSea, Sky Mavis etc. The top 3 companies hold a share over 55%. North America is the largest market, with a share about 32%, followed by Asia-Pacific and Europe with the share about 30% and 27%. In terms of product, art and collectible is the largest segment, with a share about 70%. And in terms of application, the largest application is primary market, followed by secondary market.

LPI (LP Information)' newest research report, the “Non-Fungible Token(NFT) Industry Forecast” looks at past sales and reviews total world Non-Fungible Token(NFT) sales in 2024, providing a comprehensive analysis by region and market sector of projected Non-Fungible Token(NFT) sales for 2025 through 2031. With Non-Fungible Token(NFT) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Non-Fungible Token(NFT) industry.

This Insight Report provides a comprehensive analysis of the global Non-Fungible Token(NFT) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Non-Fungible Token(NFT) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Non-Fungible Token(NFT) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-Fungible Token(NFT) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Non-Fungible Token(NFT).

This report presents a comprehensive overview, market shares, and growth opportunities of Non-Fungible Token(NFT) market by product type, application, key players and key regions and countries.

Segmentation by Type:

Art & Collectible

Game

Others

Segmentation by Application:

Primary Market

Secondary Market

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

OpenSea

Larva Labs

Sky Mavis

Dapper Labs

Decentraland

Yuga Labs

SandBox

Sorare

Solanart

SuperRare

Gala Games

Foundation

Rarible

MOBOX

MakersPlace

Please note: The report will take approximately 2 business days to prepare and deliver.