Blockchain Gaming Market Report: Size, Growth, Share, Key Players, and Outlook 2023-2028

The latest research report by the IMARC Group's, titled “Blockchain Gaming Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights into the blockchain gaming market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global blockchain gaming market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 117.5 Billion by 2028, exhibiting a growth rate (CAGR) of 67.40% during 2023-2028. 

Blockchain Gaming Market Outlook:

Blockchain gaming refers to the integration of blockchain technology with video games, creating a new form of gaming experience that offers players more control over in-game assets and greater transparency in gaming transactions. It helps promote fair play, as game rules and outcomes are recorded on the blockchain, making it impossible for anyone to manipulate the game or cheat. In blockchain gaming, players can use non-fungible tokens (NFTs) and cryptocurrencies to purchase and trade in-game assets, such as virtual currency, items, and characters, on decentralized blockchain networks. This gives players full ownership and control over their in-game assets and allows them to potentially earn real-world value. Blockchain gaming platform ensures that all transactions and interactions between different parties are verified and legitimate and helps minimize fraudulent activities.

Get Free Sample Copy of Report at – https://www.imarcgroup.com/blockchain-gaming-market/requestsample

Global Blockchain Gaming Market Trends:

The rising popularity of blockchain gaming across the world represents one of the key factors driving the market growth. Besides this, the surging proliferation of smartphones, laptops, tablets, and other internet-enabled devices, the growing acceptance of cryptocurrency, and the launch of unique active wallets, are aiding in market expansion. Moreover, various technological advancements in smartphone technology, such as broader displays, more storage capacity, and high random access memory (RAM) integration, are prompting increased consumer inclination towards mobile-based blockchain games, which, in turn, is creating a positive outlook for the market. In addition to this, the widespread integration of artificial intelligence (AI) in blockchain gaming to improve the overall gameplay experience and prevent cheating is contributing to the market growth. In line with this, the advent of augmented and virtual reality (AR/VR)-based gamification platforms that use AI algorithms to generate random terrain, objects, or other elements of the game is acting as another significant growth-inducing factor. Furthermore, the introduction of various government initiatives to create regulatory frameworks that can help protect players, prevent fraud and cheating, and encourage fair competition in the blockchain gaming sector is presenting remunerative growth opportunities for the market.

Key Market Segmentation:

Competitive Landscape:

  • Animoca Brands Corporation Limited
  • Dapper Labs Inc
  • Double jump.tokyo Inc
  • Illuvium
  • Immutable Pty Ltd
  • Mythical Inc
  • Sky Mavis
  • Uplandme Inc
  • WeMade Co. Ltd

Game Type Insights:

  • Role Playing Games
  • Open World Games
  • Collectible Games

Platform Insights:

  • ETH
  • BNB Chain
  • Polygon

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

  • Market Performance 
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800

 


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