DUBLIN, Dec. 12, 2022 /PRNewswire/ — The “Non-Fungible Tokens (NFT): Global Market” report has been added to ResearchAndMarkets.com’s offering.
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.
NFTs experienced a rapid rise in 2021, but this growth hasn’t been steady and has plateaued so far in 2022. Companies including McDonald’s and Coca-Cola, as well as Gucci and Ray-Ban, started to provide NFTs.
The game sector being revolutionized, the slow but steady rise in demand for digital artworks, and celebrities’ growing influence in the market are the main drivers of NFT acceptance.
Additionally, NFT suppliers will benefit financially from growing applications of NFT in supply chain management, retail, and fashion, as well as from industry titans’ attempts to make the Metaverse a reality and from the personalization of NFTs.
The Metaverse is a concept for a virtual environment accessible over the internet where users can interact with digital objects using augmented reality (AR), virtual reality (VR), and extended reality (ER) (XR).
Hence, the metaverse is projected to be an emerging opportunity for the overall NFTs market during the forecast period. NFT transactions are linked to expensive and undetected gas fees which has been hindering the market growth.
In addition, the volatility of prices, negative environmental impacts, and fraud concerns are also among the factors which are restraining the market growth during the forecast period.
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.
Company profiles of major players within the industry, including Cloudflare, Inc.; Foundation Inc.; Gemini Trust Company, LLC; OpenSea and Rarible
Report Includes
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
The NFT market is driven by the following attributes:
Heterogenous asset.
High market transparency.
NFTs are verifiable.
Market availability 24/7.
Low liquidity.
Relatively high transaction cost.
Price evaluation is not objective.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 NFTs: Market Overview
3.1 Introduction
3.2 Value Chain Analysis
3.3 Evolution of NFTs
3.4 Use of Blockchain and Smart Contracts for NFTs
3.5 Investment Scenarios
3.6 Market Dynamics
3.7 Regulatory Scenarios & Standards
3.8 Top NFT Launches
3.9 Porter’s Five Force Analysis
3.10 Patent Analysis
3.10.1 Recent Patents
3.11 NFTs SWOT Analysis
3.12 Impact of Covid-19
3.13 Future of NFTs Market
Chapter 4 Market Breakdown by Asset Type
4.1 Overview
4.2 Physical Assets
4.3 Digital Assets
Chapter 5 Market Breakdown by Product Type
5.1 Overview
5.2 Arts and Collectibles
5.3 Games and Sports
5.4 Music and Entertainment
5.5 Metaverse
5.6 Others
Chapter 6 Market Breakdown by Market Type
6.1 Overview
6.2 Primary
6.3 Secondary
Chapter 7 Market Breakdown by End-user
7.1 Introduction
7.2 Personal
7.3 Commercial
Chapter 8 Market Breakdown by Region
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Rest of Asia-Pacific
8.5 Rest of the World
8.5.1 Middle East
8.5.2 Africa
8.5.3 South America
Chapter 9 Competitive Landscape
9.1 Key Product Launches and Developments
9.2 Key Collaborations and Partnerships
9.3 Key Acquisitions
Chapter 10 Company Profiles
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
For more information about this report visit https://www.researchandmarkets.com/r/2elbc8
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/global-non-fungible-tokens-nft-market-analysis-report-2022-2027—rise-in-demand-for-digital-artworks-and-celebrities-growing-influence-in-the-market-are-the-main-drivers-of-nft-acceptance-301700166.html
SOURCE Research and Markets
After enjoying a brief rally late last week on hopes that China's rolled-back zero-COVID policies might allow its economy to grow a bit faster — and permit Tesla (NASDAQ: TSLA) to produce a few more electric cars there as supply chains unsnarl — Tesla stock hit a bump in the road today. The reason is a poll released by the international research data and analytics group YouGov. According to YouGov, Tesla is one of the most famous brands in the world today, with an astounding 97% of Americans surveyed having heard of Elon Musk's pioneering electric car company.
The doom and gloom brigade has been out in full force recently, persistently warning the economy is in a precarious state and that a recession next year is all but inevitable. Maybe so, but that doesn't necessarily mean the stock market is destined to follow suit. In fact, the J.P. Morgan Asset Management team expects 2023 will be a “bad year for the economy, a better year for markets.” “Our core scenario sees developed economies falling into a mild recession in 2023,” added Asset Management tea
It's an announcement that is somewhat like a thunderbolt in the automotive industry. Three months ago, Rivian, which aims to challenge Tesla in the race for electric vehicles, announced with fanfare a partnership with Mercedes-Benz to manufacture electric vans in Europe. For Rivian , it was a key partnership as the company encountered difficulties in increasing its production capacities.
Is there more pain ahead?
Is China's zero-Covid strategy finally over? While most Western nations have prioritized a return to normal and an end to COVID pandemic restrictions, China was the standout for maintaining its strongly restrictive lockdown policies. But there is mounting evidence that Beijing is looking for a way to back off from the lockdowns – and Chinese policymakers appear to be edging toward reopening their economy. That’s good news for investors, as a pullback from the zero-COVID controls in such major ci
Brookfield Asset Management (NYSE: BAM) recently completed a unique stock split. Brookfield completed this split so that its investors would have direct exposure to its asset management business's dividend income and growth. CEO Bruce Flatt recently discussed the growth it has already locked up at a recent industry conference.
Investment banks see inflation falling in November, but that may not be enough to protect the U.S. economy from a recession.
Today's Research Daily features new research reports on 16 major stocks, including JPMorgan Chase & Co. (JPM), Intel Corporation (INTC) and Advanced Micro Devices, Inc. (AMD).
As FTX continues to be unwound, its new CEO is set to tell Congress at least five things he knows the company did with the money from clients and investors.
Fluence Energy, Inc. (FLNC) delivered earnings and revenue surprises of -20% and 22.13%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
(Bloomberg) — One oil exchange traded fund pulled in a giant amount of cash last week as some investors piled into the market during its worst rout in months.Most Read from BloombergChina’s Rapid Covid Reversal Sparks Whiplash as Cases SurgeUS Says Scientists Make Breakthrough in Nuclear Fusion EnergyFed’s Message That Rates Will Stay on Hold for ‘Some Time’ Clashes With 2023 Rate-Cut BetsElon Musk Steps Up Attacks on Twitter’s Former Safety HeadChina’s Top Medical Adviser Says Omicron’s Risks
In this article, we will take a look at the 10 cheap small-cap stocks to buy before the next breakout. If you want to see more stocks in this selection, go to the 5 Cheap Small-Cap Stocks to Buy Before the Next Breakout. Some of the prominent large and mega-cap stocks in the world today used […]
ExxonMobil (NYSE: XOM) shares closed out last week on a down note, as investors digested the details of the oil giant's latest "five-year plan": paying down debt, buying back stock, and allowing profits and cash flow to fall well below 2022 levels. You can thank the oil market for that. Oil prices popped Monday morning, with the cost of a barrel of WTI crude up 3.4% at $73.40 and Brent crude, the international benchmark, rising 2.8% to $78.19.
GE HealthCare management is meeting with investors before it separates from General Electric in early January.
If you're looking for alternative ways, outside of the stock market and bonds, to create retirement income, an annuity could be right for you. Whether you're nearing retirement age or have decades to go, a $500,000 annuity can provide consistent, … Continue reading → The post How Much Does a $500K Annuity Pay Per Month? appeared first on SmartAsset Blog.
Nvidia stock has rallied more than 50% from its October low. As it runs into the 200-day moving average, here's how to trade it now.
Tesla Inc. stock on Monday ended at a fresh two-year low, going against broader market strength and as December losses look poised to match November's and October's double-digit declines.
iSeeCars.com Executive Analyst Karl Brauer joins Yahoo Finance Live to discuss Rivian halting its electric van deal with Mercedes-Benz along with President Biden's plans to ram up EV production across the U.S.
Oracle shares were moving higher late Monday after the company posted better-than-expected financial results for its latest quarter. “Simply put, we had an outstanding quarter,” Oracle CEO Safra Catz said on a call with analysts. For the fiscal second quarter ended Nov. 30, Oracle (ticker: ORCL) posted revenue of $12.28 billion, up 18% from a year ago, or 25% adjusted for currency.
When income investors purchase a real estate investment trust (REIT), one of the things they hope is that the stock will perform well enough for the company to increase its quarterly dividend as the years go by, raising the investor’s annual yield. Usually, the dividend hikes are 3 to 5 cents per year, and investors are happy if they can get that on a steady basis. For example, a $1 dividend on a $25 stock that increases its dividend by 5 cents per year can turn a 4% yield into a 5% yield in abo
Author
Administraroot
