The NFT Market Will Be Worth More Than $13 Billion By 2027 — Report
In recent years, non-fungible tokens (NFT) has emerged from obscurity to become a vital part of the broader cryptocurrency industry. Analysts and market participants have forecast a prosperous future for the market in light of this new reality. According to a recent MarketsandMarket research, the NFT market is poised for a 35 percent increase by […]
Related News
Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms that are blockchain-specific are projected to be worth over $67.4 billion by 2027. The recent study also highlights that Kraken is the most influential blockchain company of 2021. Kraken Named 2021’s Most Influential Blockchain Company Numerous research studies have shown the fintech....
Market research forecasts the global cryptocurrency ATM market to be worth $472 million by 2027, driven by growth in developing markets and growing adoption. The global cryptocurrency ATM market is projected to grow at a rapid rate over the next five years, as market research predicts the space to be worth half a billion dollars by 2027.Research and Markets published a new report, which estimates a compound annual growth rate of 59% for the industry from 2022 to 2027. It currently values the crypto ATM market at $46.4 million and expects this value to increase to $472 million over a....
The World Economic Forum's recent report that the Bitcoin block chain would be worth 10% of the world's GDP by 2027 did not give solid figures, for starters. But as noted in the report, and elsewhere, the WEF is referring to the overall value stored on the block chain - not to bitcoins themselves, necessarily. The report specifically says, on page 24: Smartcontracts.com provides programmable contracts that do payouts between two parties once certain criteria have been met, without involving a middleman. These contracts are secured in the blockchain as "self-executing contractual states",....
Crypto is one of the backbones of the world’s gaming industry, which is growing and drawing in more game addicts. The value of the gaming sector might reach $350 billion by 2027 – thanks to cryptocurrency. The crypto world may be surprised by some of the surprising disclosures made by Triple A’s most recent cryptocurrency […]
According to research company MarketsandMarkets, the metaverse market is expected to be valued at $427 billion by 2027. This would mean a Compound Annual Growth Rate (CAGR) of 47% over the next five years from its current $62 billion market cap. With that being said, it’s no wonder more and more companies are racing into […]