of the non-fungible token (NFT) market has reaches USD 50.10 billion in 2021 and is expected to register a revenue CAGR of 10.7% during the forecast period, according to the latest analysis from Emergen Research. The rapid traction of the metaverse and growing demand for decentralized marketplaces are some of the key factors driving the revenue growth of the global non-fungible tokens market. The growing use of NFT for domain name ownership is also expected to significantly boost market revenue growth. Blockchain domain owners can use private keys to manage the respective domains.
The Domain Name Service (DNS) standard is controlled by the Internet Corporation for Assigned Names and Numbers (ICANN), and oversight of these domains is very minimal. Censorship and security issues are thus raised. Blockchain domain names are permanently registered in a public registry and can be deleted or altered by a third party, helping to alleviate these concerns. Blockchain domain NFTs enable fast trading and customizable domain names. The Ethereum Name Service (ENS) and Unstoppable Domains, which are decentralized solutions to conventional DNS, allow cryptographic addresses similar to an Instagram or Twitter handle, but each name must be distinct. While Instagram and Twitter users cannot sell their usernames, ENS and Unstoppable Domains allow users to buy and sell crypto addresses.
For a free sample PDF copy of this at: https://www.emergenresearch.com/request-history/892
The major manufacturers covered in this report:
YellowHeart, Cloudflare, Inc., PLBY Group, Inc., Dolphin Entertainment, Inc., Funko Inc., OpenSea (Ozone Networks, Inc.), Takung Art Co., Ltd., Dapper Labs, Inc., Nifty Gateway (Gemini Trust Company, LLC) and MakersPlace (Onchain Labs, Inc.)
The research analyzes market segmentation based on product type, application, marketing and geographies. All different parameters known to impact the Non-fungible Tokens market are assessed in this research report and also considered, thoroughly discussed, analyzed through qualitative and quantitative research and weighed to get data usable.
Emergen Research has segmented the global non-fungible token market based on type, application, end-use, and region:
Type Outlook (revenue, billion USD; 2019-2030)
- physical asset
- of digital assets
(Revenue, USD Billion; 2019-2030)
- Video extract
- Audio excerpt
- pixel art
- Fractal/algorithmic art
- computer generated painting
- 2D/3D painting
- 2D/3D computer graphics
- Trading Card Game (TCG)
- Video game
- Strategy role-playing game (RPG)
- Domain names
- Ownership of assets
End-Use Outlook (Revenue, USD Billion; 2019-2030)
strategically micro-markets and sheds light on the impact of technology upgrades on non-fungible token market performance. The researchers conducting the research also conduct a comprehensive analysis of the recent changes in government regulations and their impact on the competitive landscape of the industry.
The key regions included here contribute significantly to the global market share. The report also gives a competitive analysis of the Non-Fungible Tokens market. The study categorizes the global market to project total revenue and examine past, present as well as emerging trends in the sub-segments such as types, size, vertical, consumers and geography.
Geographically, this report studies key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
South East Asia
Browse Full Report Description Non Fungible Token And Full TOC @ https://www.emergenresearch.com/industry-report/non-fungible-token-market
The SWOT analysis carried out during the study sheds light on the strengths, weaknesses, opportunities and threats faced by the major vendors. The expert opinions on the past, present and future trends covered in the study further aim to clarify the future prospects of the industry.
The report gives elaborate company profiles of the major players in the industry by examining the financial status of the company and their recent performance in the market. It analyzes the latest information relating to micro and macro-economic indicators influencing the market over the forecast years, highlighting the drivers and restraints operating in the market. The study gives in-depth statistical analysis that quantifies critical market insights along with valuable insights into the future of the market gained through interviews with industry experts and consultants.
Our reports will help you solve the following problems: –
Insecurity about the future:
our research and insights help our clients anticipate future revenue buckets and growth ranges. This helps our clients invest or divest their assets.
Understanding Market Views:
It is extremely important to have an unbiased understanding of market opinions for a strategy. Our insights help to get an accurate view of market sentiment. We maintain this recognition by engaging with key opinion leaders across a value chain in each industry we track.
Understanding the most trusted investment centers:
our research ranks the investment centers of the market considering their future demands, returns and profit margins. Our clients can focus on the most important investment centers by procuring our market research.
Assessment of potential business partners:
our research and insights help our clients identify compatible business partners.
The research assesses recent advancements in the competitive landscape, including collaborations, joint ventures, product launches, acquisitions and mergers as well as investments in the research and development sector.
Read more trending reports by Emergen Research:
cancer immunotherapy market https://cse.google.pt/url?q=https://www.emergenresearch.com/industry-report/cancer-immunotherapy-market
women’s health market https://cse.google.com.py/url?q=https://www.emergenresearch.com/industry-report/womens-health-market
smart contact lens market https://cse.google.con.qa/url?q=https://www.emergenresearch.com/industry-report/smart-contact-lens-market
prenatal testing and newborn screening market https://cse.google.ro/url?q=https://www.emergenresearch.com/industry-report/prenatal-testing-and-newborn-screening-market
medical radiation detection monitoring and safety market https://cse.google.rs/url?q=https://www.emergenresearch.com/industry-report/medical-radiation-detection-monitoring-and-safety-market
industrial microbiology market https://images.google.com.ag/url?q=https://www.emergenresearch.com/industry-report/industrial-microbiology-market
Electric vehicle charging station market injectors
Non-Fungible Token Market https://images.google.am/url?q=https://www.emergenresearch.com/industry-report/face-mask-market
Non-Fungible Token Market https://images.google.co.ao/url?q=https://www.emergenresearch.com/industry-report/Non-fungible Token-market
Thank you for reading our report. If you want to find more details about the report or want customization, contact us. You can get detailed information about the entire research here. If you have any special requirements, please let us know and we will offer you the report you want.
About Us :
Emergen Research is a market research and consulting firm that provides syndicated research reports, custom research reports, and consulting services. Our solutions are uniquely focused on your goal to locate, target and analyze changes in consumer behavior across demographics, across industries, and help customers make smarter business decisions. We offer market intelligence research ensuring relevant and factual research across multiple sectors including health, touchpoints, chemicals, types and energy. We are constantly updating our search offerings to ensure that our clients are aware of the latest trends existing in the market. Emergen Research has a strong base of experienced analysts from a variety of areas of expertise. Our industry experience and ability to develop a workable solution to any research problem gives our clients the ability to secure an edge over their respective competitors.