NFT collectibles market size is expected to reach $1 trillion by 2032: Report

August 1, 2022

Market Decipher’s latest Collectibles Market and NFT Market Statistics Report has forecasted NFT market size to reach $1 trillion by next decade.

According to the report, sports NFT is expected to get highly circulated in 2022 through various online marketplaces as per ongoing trend.

60% growth in sports NFT is expected to happen by the end of this year.

Third party NFT marketplace and specialized marketplaces are expected to grow exponentially.

As reported earlier, metaverse real estate market share is expected to increase by $5.37 billion from 2021 to 2026.

The key factor driving the global metaverse in real estate market growth is the increasing popularity of mixed reality and cryptocurrency.

With major brands and personalities launching NFTs and entering the metaverse, the industry is expected to grow exponentially.