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The Global Blockchain Gaming Market, which was valued at USD 4.7 billion in 2022, is expected to grow by 69.1% from 2023 to 2029, reaching nearly USD 181.12 billion. This market convergence combines blockchain technology and the gaming industry, ushering in a paradigm shift in player ownership and control over in-game assets. Traditional gaming frequently restricts these aspects through centralized transactions. Blockchain gaming, on the other hand, makes use of decentralized and transparent systems to grant true ownership via non-fungible tokens (NFTs) and smart contracts. The market embraces decentralization while also providing players with the opportunity to earn cryptocurrencies while engaging in immersive gaming experiences.
Blockchain Gaming Market Report Scope and Research Methodology
MMR published a Blockchain Gaming Market report to help clients understand future product demand by providing valuable insights into the global Blockchain Gaming industry. The report synopsis provides detailed information on market size, growth factors, statistics, key players, and a comprehensive regional and national market scenario.
The Blockchain Gaming market report provides in-depth information on sales, revenue, product types, applications, and key players. It makes use of primary and secondary research, segmentation, and various forecasting methods. PESTEL analysis examines micro and macroeconomic factors, whereas SVOR analysis estimates new opportunities, strengths, and risks. The Porter Five Forces model examines key players and market competition.
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Blockchain Gaming Market Regional Insights
The report compares market size, Blockchain Gaming growth rate, and import-export across the following regions: North America, Europe, Asia Pacific, South America, the Middle East, and Africa.
Blockchain Gaming Market Segmentation
Ethereum (ETH) segment dominated the Blockchain Gaming Market in the year 2022 and is expected to dominate during the forecast period. The early adoption and established infrastructure for blockchain of ETH has increases the demand for the Blockchain Gaming Industry. Ethereum's smart contract capabilities and widespread developer support contributed to its dominance. To ensure fair gameplay, a smart contract defines the rules for a game that are automatically enforced by the blockchain. Binance Smart Chain (BNB Chain) also gained traction, offering lower transaction fees and faster confirmation times compared to Ethereum. Polygon (formerly Matic) provided scalability solutions for Ethereum, making it an attractive option for blockchain gaming. For fast and affordable transactions polygon provides multiple layer 2 scaling solutions. This makes it a good option for blockchain-based game developers and users looking for scalable and cost-effective blockchain solution.
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by Game Type
Collectible Games
Role Playing Games
Open World Games
by Platform
ETH
BNB Chain
Polygon
Others
Blockchain Gaming Market Key Players
1. Dacoco Gmbh (Switzerland)
2. Dapper Labs (Canada)
3. Immutable (Australia)
4. Uplandme (US)
5. Sky Mavis (Vietnam)
6. Splinterlands (US)
7. Animoca Brands (Hong Kong)
8. Wemade (South Korea)
9. AlwaysGeeky Games (Canada)
10. Decentraland Foundation (China)
11. Mythical Games (US)
12. Illuvium (Australia)
13. Sorare (France)
14. PopCap Games (US)
15. G.JIT Japan (Japan)
16. Double Jump.Tokyo (Japan)
17. Gala Games (US)
18. Lucid Sight (US)
19. Rokosoft (Istanbul)
20. Horizon Blockchain Games (Canada)
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About Maximize Market Research:
Maximize Market Research is a market research and consulting firm with professionals from various industries. Medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems are among the industries we cover. We offer market-verified industry estimates, technical trend analysis, critical market research, strategic advice, competition analysis, production and demand analysis, and client impact studies, to name a few.
