Introduction

NFT Statistics: The term “NFT†means “non-fungible token,†which helps show who owns a digital item or asset. The NFT is stored on a blockchain and proves who owns a digital item and that it’s real. It can’t be copied or replaced, and the owner can sell or trade it to others. Anyone can make NFTs, and they don’t need much or any coding knowledge. NFTs usually link to digital items like art, pictures, music, or videos, and they are unique, unlike fungible cryptocurrencies.

This article includes several current statistical analyses that are taken from different insights covering the overall market, sales, user demographics, ownerships, buyers, selling prices, and many other factors. Hopefully, it will guide you effectively in understanding the topic better.

The number of active wallets involved in NFT trading declined by more than ** percent between Q2 2023 and Q3 2023. This is a notable decline from the end of 2021 — when the number of users was estimated at nearly ***********. NFT trading surged at various moments. The first moment, in 2017, was connected to the popularity of collectible CryptoKitties whereas the second moment, in **********, had to do with media reporting the largest NFT sales to date. Activity in *********** was likely caused by sales of Axie Infinity, an NFT game that got so popular in Southeast Asia it even attracted the attention of the Philippine government. NFTs focus mainly on art and gaming Originally gaining prominence with art projects and tradable pictures, monthly NFT sales within art declined significantly as 2023 progressed. Largely this is an adjustment to the initial popularity of NFTs. By 2023, some main collectible art projects — such as CryptoPunks or Bored Ape Yacht Club (BAYC) — still ranked among the top 50 NFTs based on market cap. Noticeable is the high number of NFTs that are based on gaming. These tokens typically involve in-game rewards that can be traded for cryptocurrency. Tokenization solutions — such as virtual plots of land in metaverses like The Sandbox or Decentraland — ranked comparatively lower. OpenSea no longer the biggest NFT marketplace One of the standout developments in NFTs in 2023 was Blur taking over the position of biggest NFT marketplace worldwide. For years, this position belonged to OpenSea, with Blur taking over in February 2023 after debuting its stablecoin BLUR. This project launched only five months after Blur was established, and involved the airdrop of *********** worth of BLUR tokens to potential clients. This, combined with declining interest in crypto or NFTs after multiple scandals in both 2022 and 2023, led OpenSea to announce in November 2023 it would lay off half its workforce. As of Q4 2024, the number of active wallets involved in NFT trading is *******.

Transactions in NFTs were significantly lower in 2024 than during the summer of 2021 when several tokens gained popularity. Most of these transactions were likely related to play-to-earn Vietnamese video game Axie Infinity, which became the world's most valuable NFT collection in August 2021 - although its sales volume did decline since. The gaming segment reported the highest sales volume of the non-fungible token (NFT) market in 2020, with over *** times the sales in sports projects. The overall market cap of NFTs in 2024, however, was noticeably smaller. NFT in 2024: Searching for legitimacy While cryptocurrency and Bitcoin saw their interest surge in early 2024 after the acceptance of Bitcoin ETFs in the United States, the NFT market has been struggling. For the larger audience, non-fungible tokens still seemed to be confusing what they are supposed to do, whereas crypto increasingly found legitimacy. The slowdown in the NFT market led one of the world's largest NFT marketplaces, OpenSea, to lay off large parts of its staff in October 2023. Solana to pave the way for NFTs? One of the blockchain networks that is closely affiliated with NFTs in 2024 is that of Solana. The monthly sales volume of this blockchain outperformed that of Ethereum in ************, causing Solana's market share in the overall crypto market to reach its highest value ever. Solana's position comes from relatively low costs but especially high transaction speeds and the sizable airdrops from multiple projects. This attracted significant amounts of capital, further fuelling the network. Solana's growth may provide the framework for the NFT market as a whole, as it slowly seeks to take over Ethereum's position in this part of the decentralized digital asset world.

Introduction

NFT Statistics: NFTs, or non-fungible tokens, have been a hot topic for a few years now. This is a complex and fast-moving field. It's always a good idea to stay updated on the latest developments and do your research before diving into the world of NFTs. This article will guide you effectively as it includes all current trends and analyses of the global market.

But what exactly are they, and how big is the market? Let's examine some interesting NFT statistics to understand this digital phenomenon better.

From April 2021 to February 2025, the number of sales involving non-fungible tokens (NFTs) in the art segment declined significantly. As of April 15, 2021, roughly ****** NFTs were sold in the art segment during the previous 30 days. While total sales peaked at around ******* as of August 15, 2021, they have experienced an overall decreasing trend since then. As of February 15, 2025, the aggregated number of sales recorded on the Ethereum, Ronin, and Flow blockchains over 30 days was approximately *****. What is the sales value of art and collectibles NFTs? In 2023, the global sales value of art and collectibles NFTs declined sharply over the previous year, with these two segments generating, combined, roughly *** billion U.S. dollars. That year, collectibles were by far the most profitable NFT segment, accounting for over ** percent of total sales. What are the most popular NFT collections? In 2024, CryptoPunks and Bored Ape Yacht Club were the profile picture non-fungible tokens with the highest market cap. These collections, also known as PFP NFTs, refer to those non-fungible tokens that have often been used as profile pictures on social media. When focusing on the art segment, Chromie Squiggle by Snowfro was the NFT art collection with the highest market cap in 2024.

NFT projects in both art and gaming were both worth several ******** of U.S. dollars in 2020, but were much smaller compared to figures in 2021. Non-fungible tokens, or NFTs are unique, non-transferable digital assets stored on blockchain. When purchasing one of these using a cryptocurrency like Ethereum, you get a digital, blockchain-backed certificate of authenticity. For this reason, they are often used to prove the ownership of digital files, including GIF, JPEG, or MP3 formats. Once digital files are uploaded as non-fungible tokens on blockchains, they can be offered for sale, since it would be always possible to distinguish the original file from its copies shared online.

The NFT market size is projected to grow from USD 37.6 billion in 2024 to USD 820.6 billion by 2035, representing a CAGR of 32.32% during the forecast period.

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Non-Fungible Token Market Size 2025-2029

The non-fungible token (NFT) market size is forecast to increase by USD 84.13 billion, at a CAGR of 30.3% between 2024 and 2029. The market is experiencing significant growth, driven by the increasing demand for digital art and expanding interest from major brands.

Major Market Trends & Insights

APAC dominated the market and accounted for a 37% share in 2023. The market is expected to grow significantly in North America region as well over the forecast period. Based on the Application, the collectibles segment led the market and was valued at USD 9.10 billion of the global revenue in 2023. Based on the End-user, the personal segment accounted for the largest market revenue share in 2023.

Market Size & Forecast

Market Opportunities: USD 30.60 Billion Future Opportunities: USD 84.13 Billion CAGR (2024-2029): 30.3% APAC: Largest market in 2023

The NFT market continues to evolve, driven by the intersection of blockchain technology and digital asset management. NFT staking and fractionalization have emerged as innovative applications, enabling investors to earn passive income and access fractional ownership of high-value assets. NFT minting, a process facilitated by smart contracts, allows creators to issue unique digital tokens with on-chain data and metadata schema, ensuring authenticity and provenance tracking. Off-chain data and gas fees remain critical factors in the NFT market, with decentralized exchanges and marketplaces addressing these challenges through interoperability and security audits. The NFT market's growth is expected to reach unprecedented heights, with industry experts projecting a 25% compound annual increase in sales volume.

What will be the Size of the Non-Fungible Token (NFT) Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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For instance, a recent digital art sale saw a piece fetching over USD 69 million, underscoring the market's potential for generating significant revenue. Gaming NFTs, utility NFTs, and metaverse integration are further expanding the market's reach, with digital scarcity and unique identifiers playing a pivotal role in their appeal. Cryptographic hashing and intellectual property rights ensure the security and ownership of NFTs, while royalty mechanisms and provenance tracking provide creators with ongoing income and transparency. NFT lending and decentralized ledger technology further enhance the market's utility, enabling fractional ownership and seamless transactions. Despite these advancements, challenges persist, including interoperability issues, transaction fees, and fraud prevention. The sports segment is the second largest segment of the application and was valued at USD 6.41 billion in 2023.

Nevertheless, the NFT market's continuous dynamism and evolving patterns underscore its potential as a transformative force in the digital economy. This trend is transforming the way we perceive and value digital assets. However, the market faces uncertainty due to the nascent stage of the technology and the lack of standardization, which poses challenges for both buyers and sellers. Brands are recognizing the potential of NFTs to create unique, collectible digital items, extending their reach into the digital realm. Simultaneously, artists and creators are capitalizing on this trend by monetizing their digital art through NFT sales. Yet, the market's uncertainty arises from the lack of regulatory frameworks and the volatile nature of the market.

This instability may deter some potential investors and buyers, necessitating the need for clearer guidelines and more stable market conditions. Companies seeking to capitalize on the NFT market must navigate these challenges while staying informed of the latest trends and developments to effectively engage with this emerging market.

How is this Non-Fungible Token (NFT) Industry segmented?

The non-fungible token (NFT) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

Collectibles Sports Arts Others

End-user

Personal Commercial

Type

Physical asset Digital asset

Geography

North America

US Canada

Europe

Germany UK

APAC

Australia China India Japan South Korea

South America

Brazil

Rest of World (ROW)

By Application Insights

The collectibles segment is estimated to witness significant growth during the forecast period. The segment was valued at USD 9.10 billion in 2023. It continued to the largest segment at a CAGR of 0.55%.

In the evolving digital economy, Non-Fungible Tokens (NFTs) have emerged as a revolutionary form of digital ownership. These unique

The NFT online marketplace is experiencing explosive growth, projected to reach a significant market size. While the provided data states a 2025 market size of $1918.6 million, a realistic CAGR (Compound Annual Growth Rate) considering the volatility and rapid innovation within the NFT space would be in the range of 25-35% for the forecast period (2025-2033). This implies a substantial increase in market value over the next decade. Several factors drive this expansion. The increasing adoption of cryptocurrencies and blockchain technology creates a fertile ground for NFT transactions. Furthermore, the growing interest from both individual collectors and institutional investors fuels demand. The diversification of NFT applications, ranging from digital art and collectibles to in-game assets and virtual real estate, contributes significantly to market expansion. The emergence of new blockchain platforms like Flow and NEAR, alongside established ones such as Ethereum and Binance Smart Chain, offers greater scalability and functionality, further enhancing the market's potential. The B2C segment currently dominates, but C2C marketplaces are rapidly gaining traction, facilitating direct peer-to-peer transactions and fostering a more vibrant community. However, regulatory uncertainty, market volatility, and the potential for scams and fraud remain significant challenges. Overcoming these challenges through robust regulatory frameworks and improved security measures is crucial for sustained growth. The competitive landscape is dynamic, with established players like OpenSea and Rarible vying for market share alongside newer entrants. Geographic distribution reveals a strong concentration in North America and Europe, but emerging markets in Asia Pacific and other regions offer promising growth opportunities. The continued evolution of blockchain technology, the development of innovative applications, and the broadening appeal of NFTs to a wider audience will be key determinants of the NFT online marketplace's future trajectory. The market's success hinges on addressing scalability issues, security concerns, and promoting greater accessibility and ease of use for both creators and collectors. Diversification of NFT applications beyond digital art will also play a crucial role in long-term market expansion and stability.

As of July 2021, Europan eSports organization OG Esports generated roughly 987 thousand U.S. dollars via three non-fungible token (NFT) drops released throughout the year. On July 6, 2021, OG sold 10 digital artworks associated with 3,336 non-fungible tokens for a total of nearly 511 thousand U.S. dollars, making it the most expensive NFT drop in the eSports market to-date. Meanwhile, eSports team NAVI (Natus Vincere) sold an NFT based on the NAVINATION Season 1 NFT Cup for 100,000 U.S. dollars in March 2021.

Non-fungible Token (NFT) Market Outlook 2032

The global Non-fungible Token (NFT) market size was USD 27 Billion in 2023 and is projected to reach USD 402.1 Billion by 2032, expanding at a CAGR of 35% during 2024–2032. The market growth is attributed to the rising consumer interest in blockchain technologies.



The increasing interest in blockchain technology has given rise to a new digital asset class, non-fungible tokens (NFTs). Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and are exchanged on a like-for-like basis, NFTs are unique digital assets that are not substituted. Each NFT has a distinct value and specific information that makes it different from any other token, hence the term 'non-fungible'.

The growing popularity of NFTs is largely driven by their potential to revolutionize various industries, including art, music, gaming, real estate, and more. They offer a new way to prove ownership and authenticity of digital assets, opening up new opportunities for creators to monetize their work. Furthermore, NFTs are also being used to create new business models, such as fractional ownership, which allows multiple people to own a share of a single high-value asset.

Impact of Artificial Intelligence (AI) in the Non-fungible Token (NFT) Market

Artificial Intelligence has a positive impact on the Non-fungible Token (NFT) market. AI's ability to analyze vast amounts of data quickly and accurately enables it to identify trends and patterns in the NFT market that humans might overlook. This deep analysis offers valuable insights to investors and creators, helping them make informed decisions.



AI enhances the security of the NFT market by detecting and preventing fraudulent activities. It identifies anomalies in transactions, thereby ensuring the authenticity of tokens and protecting the interests of buyers and sellers. Furthermore, AI contributes to the creation of NFT art by generating unique pieces, thereby expanding the scope and diversity of the NFT market. </s

Digital Fashion NFT Marketplace Platform Market Share size and share are expected to exceed USD 36,423.04 million by 2034, with a compound annual growth rate (CAGR) of 32.7% during the forecast period.

The NFT Analytics Tool market is experiencing robust growth, driven by the increasing adoption of NFTs across various sectors and the need for sophisticated tools to analyze market trends, investment opportunities, and individual NFT performance. While precise figures for market size and CAGR are unavailable from the provided text, based on industry reports and the rapid expansion of the NFT ecosystem, a reasonable estimation can be made. Let's assume, for illustrative purposes, a 2025 market size of $500 million. Considering the explosive growth potential of the NFT space and the demand for data-driven decision-making, a conservative CAGR of 35% from 2025 to 2033 seems plausible, projecting a significant market expansion over the forecast period. This growth is fueled by several key drivers, including the rising number of NFT creators and collectors, the expanding use of NFTs in gaming, metaverse applications, and digital art, and the demand for tools that provide comprehensive data analysis to mitigate risks and enhance investment strategies. The market is segmented by various factors such as tool functionality (e.g., sales data, collection analysis, rarity scoring), pricing models (subscription, freemium, etc.), and target user (individuals, institutions). Leading companies like OpenSea, Nansen, and Dune Analytics are at the forefront of innovation, constantly improving their analytical capabilities to meet the evolving needs of this dynamic market. The competitive landscape is characterized by both established players and emerging startups vying for market share. However, the market remains highly fragmented, presenting opportunities for both large corporations and smaller innovative companies to thrive. Challenges facing market expansion include the volatility of the cryptocurrency market, regulatory uncertainty surrounding NFTs, and the technical complexities involved in analyzing vast amounts of blockchain data. Despite these challenges, the long-term outlook for the NFT Analytics Tool market remains positive, driven by continuous technological advancements, increased institutional investment, and the growing mainstream acceptance of NFTs as a legitimate asset class. As the NFT ecosystem matures, the demand for sophisticated analytics tools will only intensify, further propelling market growth in the coming years.

Dataset Card for "NFT-70M_image"

  Dataset summary

The NFT-70M_image dataset is a companion for our released NFT-70M_transactions dataset, which is the largest and most up-to-date collection of Non-Fungible Tokens (NFT) transactions between 2021 and 2023 sourced from OpenSea. As we also reported in the "Data anonymization" section of the dataset card of NFT-70M_transactions, the URLs of NFT images data were replaced by identifiers to numerical vectors that represent an… See the full description on the dataset page: https://huggingface.co/datasets/MLNTeam-Unical/NFT-70M_image.

Uniqueness of non-fungible tokens is one of the key factors contributing to their increased demand. They are built on blockchain, which ensures their connection to unique data and thus demonstrates the ability to add value. The global non-fungible token (NFT) market is poised to reach US$ 51.4 billion in 2024 and climb at a noteworthy CAGR of 23% to end up at US$ 407.7 billion by 2034.

Report Attribute	Detail
Non-Fungible Token (NFT) Market Size (2024E)	US$ 51.4 Billion
Forecasted Market Value (2034F)	US$ 407.7 Billion
Global Market Growth Rate (2024 to 2034)	23% CAGR
Market Share of Physical Assets (2034F)	67%
North America Market Share (2034F)	24.3%
South Korea Market Growth Rate (2024 to 2034)	23.9% CAGR
Key Companies Profiled	Ozone Networks, Inc. Art Blocks YellowHeart, LLC. Cloudflare, Inc. The Sandbox CryptoKitties Takung Art Co., Ltd. Dapper Labs, Inc. Semidot Infotech Dolphin Entertainment, Inc. Rarible Foundation PLBY Group, Inc. Gemini Trust Company, LLC. Onchain Labs, Inc.

Country-wise Insights

Attribute	United States
Market Value (2024E)	US$ 5.5 Billion
Growth Rate (2024 to 2034)	23.5% CAGR
Projected Value (2034F)	US$ 45.2 Billion

Attribute	China
Market Value (2024E)	US$ 5.6 Billion
Growth Rate (2024 to 2034)	23% CAGR
Projected Value (2034F)	US$ 44.7 Billion

Category-wise Insights

Attribute	Physical Assets
Segment Value (2024E)	US$ 37.04 Billion
Growth Rate (2024 to 2034)	22.1% CAGR
Projected Value (2034F)	US$ 273.16 Billion

Attribute	Commercial
Segment Value (2024E)	US$ 37.04 Billion
Growth Rate (2024 to 2034)	22.3% CAGR
Projected Value (2034F)	US$ 277.2 Billion

Comprehensive statistics and key metrics for NFT Limited (MI) including valuation ratios, profitability metrics, and financial data.

The data is organized in 32 files:

• collection_metadata.txt stores basic information about each collection that was analyzed. The graph data of the collection is stored in a file named as the nickname of the collection (slug column in collection_metadata.txt). The most important columns/properties are: rank, slug – nickname, creation date, address, and volume data, ...

• 15 files reporting NFT ownership transfer, the names corresponding to the nicknames of the collections in collection_metadata.txt.

• 15 files with graph data, the names correspond to the nicknames of the collections in collection_metadata.txt. Each file gives the address linkage graph of one of the top 15 collections according to monetary volume on Opensea marketplace, computed as presented in methodology, exclusively on Ethereum blockchain.

The Non-Fungible Tokens (NFT) market has rapidly evolved into a transformative force in the digital landscape, merging technology, art, and ownership in unprecedented ways. NFTs are unique digital assets secured on a blockchain, allowing creators to tokenize items such as art, music, videos, and even virtual real es

About the Dataset

This dataset was generated using the BitsCrunch API to provide insights and analytics for 1000 NFT collections. It focuses on metrics related to collection performance, trading activity, and market dynamics, enabling comprehensive analysis of the NFT ecosystem. Dataset Generation Process:

Collection Retrieval:
  The Collection by Chain API was used to retrieve a dataset of 1000 NFT collections, including their contract addresses and names.

Profile Data Enrichment:
  The Collection Profile API was utilized to fetch detailed metrics for each collection, including performance scores, trading activity, liquidity, and sentiment.

Data Cleaning and Structuring:
  The retrieved data was cleaned to ensure consistency and completeness.
  The data was structured into an Excel file format, where each row represents an NFT collection and each column provides a specific attribute or metric.

Key Features in the Dataset:

Collection Details:
  contract_address: The unique contract address of the NFT collection.
  collection_name: The name of each NFT collection.
  blockchain: The blockchain platform where the collection exists (e.g., Ethereum).
  chain_id: The identifier of the blockchain network.

Performance Metrics:
  collection_score: A score representing the overall performance of the collection.
  token_distribution_score: A score indicating the distribution of tokens within the collection.
  metadata_score: A score evaluating the quality of the metadata for the collection.
  holder_metrics_score: A score based on the holding patterns of users.

Trading Metrics:
  profitable_trades: The total number of profitable trades.
  loss_making_trades: The total number of loss-making trades.
  profitable_trades_percentage: The percentage of trades that were profitable.
  loss_making_trades_percentage: The percentage of trades that resulted in a loss.
  zero_profit_trades: The number of trades with zero profit.

Volume Metrics:
  profitable_volume: The total volume of profitable trades.
  loss_making_volume: The total volume of loss-making trades.

Market Dynamics:
  fear_and_greed_index: An index representing market sentiment for the collection.
  washtrade_index: An index indicating the presence of wash trading activity.
  market_dominance_score: A score representing the market dominance of the collection.

Investor Behavior:
  diamond_hands: The metric reflecting long-term holders in the collection.
  liquidity_score: A score representing the liquidity of the collection.

This dataset provides a robust foundation for data-driven insights, enabling visualization, statistical analysis, and machine learning applications related to NFT collections. It is particularly valuable for understanding market trends, evaluating collection performance, and detecting manipulative trading activities in the NFT space.

Non-Fungible Tokens (NFTs) Market size was valued at USD 16 billion in 2021 and is poised to grow from USD 21.39 billion in 2022 to USD 212 billion by 2030, growing at a CAGR of 33.7% in the forecast period (2023-2030).