NFT market well-positioned to grow 35% into a $13.6B industry by 2027

Cointelegraph

Published May 07, 2022 01:49AM ET

Updated May 08, 2022 03:40AM ET

Reflecting the growing interest in the non-fungible token (NFT) space among today’s investors, new research predicts that the existing $3 billion market size will reach $13.6 billion by the end of 2027.

For the next five years, the key factors tied to the global NFT boom continue to factor in the growing involvement of mainstream influencers, gaming communities and the rising demand for digital artworks.

Global NFT market trends. Source: MarketsandMarkets

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