In 2023, the non-fungible tokens (NFT) market size was valued at USD 4,068.5 million and is projected to reach USD 34,395.6 million by 2030, growing at a compound annual growth rate (CAGR) of 36.2%. This substantial growth is driven by the increasing popularity of blockchain-based gaming, the rise in digital assets and collectibles, the expanding metaverse trend, the growing acceptance of digital currencies, and the increasing facilities for authentication and tracking of genuine ownership.
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