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Blockchain gaming market in North America is projected to reach 0B by 2030 — report

Blockchain gaming market in North America is projected to reach $600B by 2030 — report

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Source: Coin Telegraph

The current market is growing by a 21.8% CAGR, according to a report from Fortune researchers.

The global blockchain gaming market will grow to an estimated $614 billion over the next seven years, according to an analysis from Fortune Business Insights released on December 11. The market currently accounts for an estimated $154 billion in spending.

The report analyzed global sales data for blockchain game products from 2017-2021. It found that sales were increasing by a compound annual growth rate (CAGR) of 21.8%, implying that by 2030 the market will have reached $600 billion. This implies an absolute growth rate over the six year period of nearly 299%.

Fortune’s researchers divided the world into five regions: North America, South America, MiddleEast/Africa, Europe, and Asia Pacific. North America posted the largest share of blockchain game item purchases for any single region in 2022, as it accounted for over $30 billion or approximately 24% of the total. The researchers stated that they expect this North American dominance to continue over the period.

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Author: Tom Blackstone