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Non-Fungible Token (NFT) Market to Grow by USD 68.16 Billion (2024-2028), Driven by Digital Art Demand and AI-Powered Market Evolution – Technavio

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NEW YORK, Dec. 11, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global non-fungible token (NFT) market size is estimated to grow by USD 68.16 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  30.23%  during the forecast period. Increasing demand for digital art is driving market growth, with a trend towards growing interest in nfts among major brands. However, uncertainty in nfts  poses a challenge. Key market players include AirNFTs Platform, Asynchronous Art Inc., Binance Holdings Ltd., Blockchain App Factory, Celer Network, Chaincella, Decentraland Foundation, Enjin Pte. Ltd., Foundation Labs Inc., Funko Inc., Gemini Trust Co. LLC, Mintable.app, Ozone Networks Inc., Out The Mud Ventures Inc., Rarible Inc., Sky Mavis, SuperRare Labs Inc., Tiki Labs Inc., Yellowheart LLC, Axie Infinity.Cloudflare, Inc.; PLBY Group, Inc.; Dolphin Entertainment, Inc.; Takung Art Co., Ltd.; Dapper Labs, Inc.; Onchain Labs, Inc

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Non-fungible Token (NFT) Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 30.23%

Market growth 2024-2028

USD 68.16 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

23.27

Regional analysis

APAC, North America, South America, Europe, and Middle East and Africa

Performing market contribution

APAC at 39%

Key countries

US;  Canada;  Thailand,  China; Brazil, U.K.; Germany; France; China; Japan; India; South Korea; Australia; Mexico; Kingdom of Saudi Arabia (KSA); UAE; South Africa

Key companies profiled

AirNFTs Platform, Asynchronous Art Inc., Binance Holdings Ltd., Blockchain App Factory, Celer Network, Chaincella, Decentraland Foundation, Enjin Pte. Ltd., Foundation Labs Inc., Funko Inc., Gemini Trust Co. LLC, Mintable.app, Ozone Networks Inc., Out The Mud Ventures Inc., Rarible Inc., Sky Mavis, SuperRare Labs Inc., Tiki Labs Inc., Yellowheart LLC, Axie Infinity, Cloudflare, Inc.; PLBY Group, Inc.; Dolphin Entertainment, Inc.; Takung Art Co., Ltd.; Dapper Labs, Inc.; Onchain Labs, Inc

Market Driver

NFTs, or Non-Fungible Tokens, have taken the art, athletes, and celebrities worlds by storm. These digital assets, representing unique items like artworks, collectibles, and even virtual real estate, are creating buzz in various industries. Blockchain technology powers NFTs, ensuring transparency, ownership, and scarcity. The gaming industry and media & entertainment sector are leveraging NFTs for tokenizing games, trading cards, and virtual items. Artists and athletes are minting NFTs of their digital artworks and collectibles, offering fans exclusive ownership. Augmented Reality (AR) and Extended Reality (XR) are enhancing the NFT experience, making it more interactive. The NFT community is growing, with online platforms enabling easy buying, selling, and trading. However, regulatory considerations, consumer protection, and legal frameworks are crucial. Fraud and taxation are concerns, with securities laws and intellectual property rights coming into play. Blockchain networks like Ethereum and proof-of-work/stake mechanisms ensure secure transactions. The NFT market is evolving, with potential applications in decentralized finance, music, and even virtual vehicles. The future looks promising, with the metaverse and virtual reality (VR) offering new possibilities. The White House and third parties are exploring NFTs, signaling mainstream adoption. 

Big brands, such as Visa Inc. And Budweiser, are increasingly exploring the Non-Fungible Token (NFT) market for potential earnings. In August 2021, Visa Inc. Made a significant investment by purchasing a CryptoPunk NFT for approximately USD165,000. This acquisition expanded Visa’s historic commerce artifacts collection. The primary motivation for these corporations is the opportunity to generate additional revenue. Furthermore, they are focusing on utilizing NFTs as incentives for consumers. For instance, NFTs can serve as innovative rewards, offering exclusive gifts to loyal customers. 

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 Market Challenges

Non-Fungible Tokens (NFTs) have disrupted the art, collectibles, and entertainment industries by allowing unique digital assets to be bought and sold as property. Artists, athletes, celebrities, and even the White House have joined the NFT community, creating digital artworks, collectibles, and virtual items backed by blockchain technology. NFTs provide proof of ownership, scarcity, and authenticity, making them attractive to investors. However, challenges persist, such as regulatory considerations under securities laws, consumer protection, and fraud. Distributed networks like Ethereum facilitate NFT trading, but logistical issues and taxation remain unclear. The gaming industry, media & entertainment, and decentralized finance are exploring NFTs for tokenization of games, virtual items, and digital property. Augmented Reality (AR) and Extended Reality (XR) are expected to enhance the NFT experience. However, legal frameworks and regulatory considerations need to address intellectual property, third-party rights, and securities laws. Ultimately, NFTs offer a new way to monetize and trade digital assets, but careful planning and regulation are crucial to ensure a fair and secure marketplace.The Non-Fungible Token (NFT) market presents both opportunities and challenges for sellers. Valuation of NFTs is uncertain due to the difficulty in determining future demand and pricing. Factors such as scarcity, uniqueness, and buyer perception play a significant role in determining NFT value. New sellers face challenges in anticipating buyer identity and purchase drivers. As the market continues to evolve, predicting future trends in NFT pricing remains difficult for new investors. The value of NFTs is subjective and dependent on buyer perception, leading to price fluctuations.

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Segment Overview 

This non-fungible token (nft) market report extensively covers market segmentation by  

Application 1.1 Collectibles1.2 Sports1.3 Arts1.4 OthersEnd-user 2.1 Personal2.2 CommercialGeography 3.1 APAC3.2 North America3.3 South America3.4 Europe3.5 Middle East and AfricaType

1.1 Collectibles-  Non-Fungible Tokens (NFTs) refer to unique digital collectibles, minted on the Blockchain. These collectibles are limited-edition and cannot be exchanged or replicated. Vendors offer online platforms for buying and selling NFTs. Key features include the owner’s exclusive right to sell, royalty payments on future sales, and protection against unauthorized use or copying. The NFT market’s expansion is fueled by the increasing demand for digital assets worldwide. Industries are going digital, and the Internet’s ubiquity, along with rising usage, encourages investments in digital assets. Tokenization, which creates digital tokens representing asset ownership, further boosts market growth. These factors are expected to significantly contribute to the growth of the global NFT market.

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Research Analysis

The Non-Fungible Token (NFT) market is revolutionizing the way we buy, sell, and own digital assets. This innovative technology allows for the unique representation and ownership of electronic artworks, gaming items, and collectibles on the blockchain. The gaming industry has embraced NFTs, enabling tokenization of in-game items and creating new revenue streams. NFTs on Ethereum network provide scarcity and ownership, making digital artworks valuable and collectible. Legal frameworks are evolving to accommodate this new asset class, while AR, VR, and XR technologies enhance the NFT experience. Blockchain technology and cryptocurrencies power the NFT market, with Web 3 enabling decentralized finance and creating new distribution networks. Fraud prevention is crucial in this market, with NFT suppliers ensuring authenticity and ownership. The NFT market offers a new frontier for creators, collectors, and investors, with Magic Eden and other platforms serving as marketplaces for these unique digital assets.

Market Research Overview

The Non-Fungible Token (NFT) market is a revolutionary digital ecosystem where Art, Digital Artworks, and Collectibles come to life as unique, verifiable, and tradable assets on the blockchain. This decentralized platform allows Artists, Athletes, and Celebrities to monetize and showcase their Intellectual Property in the form of NFTs, including Painting, Music, and even Virtual Real Estate. Blockchain technology enables Ownership and Transfer of these Digital Assets with transparency and Security. NFTs are not limited to the Art World but extend to Gaming Industry, Sports Collectibles, Trading Cards, and Virtual Items. The market also includes Decentralized Finance, Cryptocurrencies, and Cryptocurrencies/assets. Regulatory considerations and Consumer Protection are essential aspects of this emerging market, with legal frameworks and Taxation being crucial. NFTs can be traded on various Online Platforms, and the market is expanding into Extended Reality (XR) and Metaverse, offering new opportunities for creators and investors. However, Fraud and Scam risks exist, highlighting the need for careful consideration and due diligence. NFTs represent a new frontier in the Digital Economy, with potential applications in various industries, including Media & Entertainment, Logistics, and even House and Vehicle ownership. Smart Contracts and Proof of Work or Stake are essential components of the NFT market, enabling seamless Transactions and Distribution Networks. The NFT community continues to grow, with various Third Parties offering services and solutions to facilitate the creation, trading, and management of NFTs. The NFT market is a dynamic and evolving space, offering endless possibilities for creators, investors, and consumers alike.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationCollectiblesSportsArtsOthersEnd-userPersonalCommercialGeographyAPACNorth AmericaSouth AmericaEuropeMiddle East And AfricaType

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Bit Digital, Inc. Announces Third Quarter 2026 Earnings Release Date and Conference Call

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NEW YORK, Oct. 28, 2026 /PRNewswire/ — Bit Digital, Inc. (Nasdaq: BTBT) (“Bit Digital” or the “Company”) today announced that it will release its financial results for the third quarter ended September 30, 2026, before the market opens on Thursday, November 12, 2026.

Senior management will host a live webcast and conference call to discuss the results at 8:30 a.m. Eastern Time on Thursday, November 12, 2026.

To register for the webcast, please click here. Participants may also join the conference call by dialing 1-800-330-6730 and, when prompted, entering the passcode: 489157.

About Bit Digital

Bit Digital (NASDAQ: BTBT) is a Strategic Asset Company (SAC) focused on active participation in Ethereum infrastructure and controlling equity exposure to AI/HPC infrastructure through its majority ownership stake in WhiteFiber (NASDAQ: WYFI). The Company purchases and stakes ETH to generate protocol-native yield and participates directly in the Ethereum network. Bit Digital allocates capital with a focus on long-duration, foundational infrastructure, and disciplined balance sheet management. For additional information, please contact ir@bit-digital.com, visit our website at www.bit-digital.com or follow us on LinkedIn or X.

Investor Notice

Investing in our securities involves risks worth considering, before making an investment decision. All current and potential investors are advised to regularly review the risks, uncertainties and forward-looking statements described under “Risk Factors” in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025 (Annual Report) and any subsequently filed quarterly reports on Form 10-Q and any Current Reports on Form 8-K. If any material risks were to occur – including those not presently known to us or currently deemed immaterial – our business operations may be impaired, and our financial condition or operating results would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See “Safe Harbor Statement” below.

Safe Harbor Statement

This press release may contain certain “forward-looking statements” relating to the business of Bit Digital, Inc., and its subsidiary companies. All statements, other than statements of historical fact included herein are “forward-looking statements.” These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website at https://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Investor Contact

Charley Brady
Head of Investor Relations
ir@bit-digital.com

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Polish Creator Łatwogang Named Impact Creator of the Year as Tiltify Unveils the Creator Impact Class of 2026

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From livestreams and gaming to road trips and stadium events, inaugural honorees celebrate the creativity and community shaping a new culture of giving

LOS ANGELES, Oct. 28, 2026 /PRNewswire/ — Tiltify, the platform behind more than $500 million in creator-driven charitable fundraising worldwide, today named the Creator Impact Class of 2026, the inaugural class of its annual Creator Impact Honors. Co-founder and CEO Michael Wasserman announced the winners during a livestream on twitch.tv/tiltify.

Polish internet creator Łatwogang received the program’s top honor, Impact Creator of the Year, along with the Grassroots Mobilization Award and the Storytelling for Impact honor. In April 2026, Łatwogang hosted a nine-day charity livestream on YouTube as part of “Diss na raka” (Diss Cancer), an initiative involving Cancer Fighters, rapper Bedoes 2115 and other creators and supporters. Bedoes recorded the song “Ciągle tutaj jestem (diss na raka)” with Maja Mecan, an 11-year-old receiving cancer treatment. Donations, auctions, charity events and partner and creator initiatives brought the campaign’s total to more than $76 million.

The honors also recognize creators whose smaller audiences have come together to make an outsized difference. Atheenabean, a Twitch creator whose community fundraises as the Bean Squad, won the Small-But-Mighty Fundraiser award for raising $27,865 for St. Jude Children’s Research Hospital and Project HOPE. Of the 531 donations across her two campaigns, 478 were under $100. Creator couple Taz Zammit and Alessia Allfree received the First Light award for their 2025 annual 24-hour fundraiser, which raised $11,404 for Altru, an all-volunteer charity the pair had volunteered with the year before.

“This class covers just about every way a creator can raise money for a cause, from a nine-day livestream in Poland and a bike ride across Japan to a football match at Wembley and a Minecraft server where donors bought their names onto signs,” said Michael Wasserman, co-founder and CEO of Tiltify. “These honorees give people creative, meaningful ways to help. They make generosity part of their communities’ lives, and that’s what we built the Honors to celebrate. We’re grateful to every creator, moderator and community member whose work made this year’s class.”

Other honorees include the ZEvent team, whose September 2025 marathon in Montpellier brought together nearly 350 French-speaking streamers and raised more than $18 million for healthcare workers, patients and cancer research. The Sidemen’s Charity Match drew a reported 2.26 million peak concurrent viewers and 90,000 live fans in attendance at Wembley Stadium, and raised more than $8.2 million for Bright Side and M7 Education. Ryan Trahan and Haley Pham’s 50 States in 50 Days series raised $11,662,411 for St. Jude, and any single donation of $50,000 or more triggered a spin of the “Wheel of Doom,” which added a new constraint to the trip. Hermitcraft’s Minecraft charity weekend for Gamers Outreach, where donors could buy their names onto signs in the game, received two honors. Yogscast’s Jingle Jam 2025 also received two, including the fan-voted Community Choice Award, and John and Hank Green received both the Livestream Impact Award and the Legacy of Giving honor.

An independent eight-member jury that included creator MatPat selected the winners after reviewing nominations and impact data supplied by Tiltify. Tiltify administered the program and had no vote. Nominations were open to creators on any platform, whether or not they had fundraised through Tiltify.

The full Creator Impact Class of 2026:

Impact Creator of the Year: Łatwogang, “Diss na raka” (more than $76 million)Big Heart Award: jesthehuman (more than $813,000 across 17 Tiltify campaigns and two itch.io game bundles, No ICE in Minnesota and No ICE in California)Small-But-Mighty Fundraiser: Atheenabean and the Bean Squad ($27,865 for St. Jude and Project HOPE)Community-Powered Fundraiser of the Year: ironmouse (more than $1.3 million for the Immune Deficiency Foundation)Grassroots Mobilization Award: Łatwogang, “Diss na raka”First Light: Taz & Alessia ($11,404 for Altru)Behind-the-Scenes Impact Award: ZEvent Team, ZEvent 2025 (more than $18 million)Fandom Impact: Helldivers 2 Freedom Alliance, HEROES ’26 ($270,163 for Save the Children)Storytelling for Impact: Łatwogang, “Diss na raka”Livestream Impact Award: John and Hank Green, Project for Awesome 2026 (approximately $4.2 million)Most Innovative Fundraising Concept: Ryan Trahan, 50 States in 50 Days ($11,662,411 for St. Jude)Interactive & Incentive Design: Hermitcraft, Gamers for Giving ($1,126,229 for Gamers Outreach)Best IRL Fundraising Event: The Sidemen, Sidemen Charity Match (more than $8.2 million for Bright Side and M7 Education)Marathon / Endurance Fundraising Award: Cdawg, Cyclethon 5 (more than $1.47 million for the Immune Deficiency Foundation)Collaborative Campaign of the Year: Yogscast & Community, Jingle Jam 2025 (more than $4.6 million across eight charity partners)Charity–Creator Collaboration of the Year: Hermitcraft x Gamers OutreachCommunity Choice Award (fan-voted): Jingle Jam 2025Legacy of Giving: John and Hank Green

View the Creator Impact Class of 2026 at https://creatorimpacthonors.com/awards.

About Tiltify

Tiltify is the essential fundraising infrastructure connecting creators and causes at scale. With enterprise-grade technology, interactive engagement tools, and unmatched access to next-generation donors, Tiltify powers campaigns for more than 8,000 nonprofits and 1,000,000 users worldwide. Learn more at tiltify.com.

Media Contact:
John Eidson
Beantown Media Ventures
john.eidson@beantownmv.com

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Six Data Integration Solutions Named Champions in Infotech’s 2026 Emotional Footprint Report

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Drawing on verified end-user reviews from SoftwareReviews, Infotech’s peer-review platform, the 2026 Data Integration Emotional Footprint Report recognizes six champions for customer experience and vendor relationships. The findings help organizations assess user sentiment alongside technical capabilities when evaluating data integration solutions.

ARLINGTON, Va., Oct. 28, 2026 /CNW/ — Organizations use data integration solutions to connect disparate systems, improve data quality, and make timely, informed decisions. Infotech’s 2026 Data Integration Emotional Footprint Report identifies six champions that stand out for delivering strong user satisfaction, trust, and overall customer experience. The recognition is based on verified feedback collected through the global research and advisory firm’s SoftwareReviews platform.

Modern data integration solutions connect organizational data by bringing together information from applications, databases, and cloud environments. These platforms provide capabilities such as data extraction, transformation, synchronization, quality management, and monitoring of data flows. With centralized oversight and automated workflows, they help IT and data teams maintain consistent, reliable information, support governance requirements, and deliver timely data for analytics and business operations.

Infotech’s Emotional Footprint measures high-level user sentiment by aggregating responses across 25 proactive questions, creating a powerful indicator of overall user feeling toward the vendor and product. The result is the Net Emotional Footprint (NEF), a composite score that reflects the overall emotional tone of user feedback.

The 2026 Data Integration Emotional Footprint Champions are as follows:

AWS Glue, +94 NEF, rated highly for being altruistic.Microsoft SQL Server, +89 NEF, rated highly for its reliability.Zapier, +90 NEF, rated highly for enabling productivity.Boomi, +86 NEF, rated highly for its trustworthiness.Azure Data Factory, +85 NEF, rated highly for friendly negotiations.Flowgear, +91 NEF, rated highly for its transparency.

Analyst Insight:

“Choosing a data integration platform means choosing a vendor your team may depend on for years. When an integration fails, the impact can extend to every process relying on that data,” says Abbas Jaffery, principal advisory director at Infotech. “Vendors can build trust by helping their clients adapt their integrations as business needs change and by being clear about what their products can support. For buyers, hearing from existing users helps them understand what they can expect from that relationship after implementation.”

User assessments of software categories on SoftwareReviews provide an accurate and detailed view of the constantly changing market. Infotech’s reports are informed by data from users and IT professionals who have direct experience with the software throughout the procurement, implementation, and maintenance processes.

Read the full report: 2026 Data Integration Emotional Footprint Champions

To learn more about Infotech’s Vendor Awards, including how Data Quadrant and Emotional Footprint recognition are determined using verified end-user feedback and the underlying evaluation criteria, visit Infotech’s Vendor Awards page, powered by SoftwareReviews.

About Infotech
Infotech (formerly Info-Tech Research Group) provides an API-driven advisory model to over 30,000 IT leaders globally to systematically improve their organizations. With 30 years of trusted expertise and proven impact, Infotech equips technology leaders with industry-leading expert guidance, proven methodologies, practical tools, training, coaching, and consulting to accelerate decisions and deliver measurable outcomes. To learn more about Infotech’s HR research and advisory services, visit McLean & Company.

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.  

For information about Infotech or to access the latest research, visit infotech.com and connect via LinkedIn and X.

About SoftwareReviews
SoftwareReviews is a peer-review platform from Infotech, a global research and API-driven advisory firm. The platform provides verified end-user insights that help organizations evaluate software based on features, vendor experience, and overall value. In addition to end-user insights, the firm offers peer-driven resources and advisory services, including buyer reviews, marketing and product guidance, and go-to-market support. These offerings enable technology providers to better understand customer needs, refine product strategies, and clearly communicate differentiated value to the market.

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