China Non Fungible Token (nft) Market Size & Outlook
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China non fungible token (nft) market highlights
- The China non fungible token (nft) market generated a revenue of USD 1,754.6 million in 2023 and is expected to reach USD 14,631.6 million by 2030.
- The China market is expected to grow at a CAGR of 35.4% from 2024 to 2030.
- In terms of segment, collectibles was the largest revenue generating application in 2023.
- Art is the most lucrative application segment registering the fastest growth during the forecast period.
Non fungible token (nft) market data book summary
| Market revenue in 2023 | USD 1,754.6 million |
| Market revenue in 2030 | USD 14,631.6 million |
| Growth rate | 35.4% (CAGR from 2024 to 2030) |
| Largest segment | Collectibles |
| Fastest growing segment | Art |
| Historical data | 2020 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Collectibles, Art, Gaming, Utilities, Metaverse, Sports |
| Key market players worldwide | Cloudflare Inc, PLBY Group Inc Ordinary Shares, Dolphin Entertainment Inc, Funko Inc Class A, NFT Ltd Ordinary Shares-Class A, Dapper Labs, YellowHeart, OpenSea, Gemini, Onchain |
Other key industry trends
- In terms of revenue, China accounted for 6.5% of the global non fungible token (nft) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China non fungible token (nft) market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,635.7 million by 2030.
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Non Fungible Token (NFT) Market Scope
Non Fungible Token (NFT) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Onchain | View profile | 51-100 | Shanghai, Shanghai, China, Asia | http://www.onchain.com/ |
| Gemini | View profile | 501-1000 | New York, New York, United States, North America | https://gemini.com |
| OpenSea | View profile | 251-500 | New York, New York, United States, North America | https://opensea.io |
| YellowHeart | View profile | 11-50 | New York, New York, United States, North America | https://yh.io |
| NFT Ltd Ordinary Shares-Class A | View profile | 27 | No.1 Kwan Street, New Territories, Office Q, 11th Floor, Kings Wing Plaza 2, Sha Tin, Hong Kong, Hong Kong | https://www.nftoeo.com |
| Funko Inc Class A | View profile | 1252 | 2802 Wetmore Avenue, Everett, WA, United States, 98201 | https://www.funko.com |
| Dolphin Entertainment Inc | View profile | 244 | 150 Alhambra Circle, Suite 1200, Coral Gables, FL, United States, 33134 | https://www.dolphinentertainment.com |
| PLBY Group Inc Ordinary Shares | View profile | 628 | 10960 Wilshire Boulevard, Suite 2200, Los Angeles, CA, United States, 90024 | https://www.plbygroup.com |
| Dapper Labs | View profile | 501-1000 | Vancouver, British Columbia, Canada, North America | https://www.dapperlabs.com |
| Cloudflare Inc | View profile | 3704 | 101 Townsend Street, San Francisco, CA, United States, 94107 | https://www.cloudflare.com |
China non fungible token (nft) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to non fungible token (nft) market will help companies and investors design strategic landscapes.
Collectibles was the largest segment with a revenue share of 53.65% in 2023. Horizon Databook has segmented the China non fungible token (nft) market based on collectibles, art, gaming, utilities, metaverse, sports covering the revenue growth of each sub-segment from 2020 to 2030.
The Chinese non-fungible token market was the Chinese NFT market is characterized by stringent regulatory frameworks. The regulations block international marketplaces such as OpenSea from operating in the region, and technology giants such as Alibaba and Tencent provide digital collectible platforms for purchasing NFTs. However, trading and resale of the collectibles are prohibited.
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Our clientele includes a mix of non fungible token (nft) market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China non fungible token (nft) market , including forecasts for subscribers. This country databook contains high-level insights into China non fungible token (nft) market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China Collectibles - Non Fungible Token (nft) Market size, 2023 - 2030 (US$M)
China Non Fungible Token (NFT) Market Outlook Share, 2023 & 2030 (US$M)
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