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Non-Fungible Token (NFT) Market to Grow by USD 84.13 Billion (2025-2029), Rising Demand for Digital Art Boosts the Market, Report on AI Driving Market Transformation – Technavio

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NEW YORK, Feb. 6, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global non-fungible token (NFT) market size is estimated to grow by USD 84.13 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  30.3%  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., Axie Infinity, 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., and Yellowheart LLC.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Non-Fungible Token (NFT) Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 30.3%

Market growth 2025-2029

USD 84127.2 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

28.9

Regional analysis

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

Performing market contribution

APAC at 37%

Key countries

US, China, Canada, Japan, India, South Korea,
Brazil, UK, Australia, and Germany

Key companies profiled

AirNFTs Platform, Asynchronous Art Inc., Axie
Infinity, 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., and Yellowheart LLC

Market Driver

Non-Fungible Tokens (NFTs) have taken the art, athletes, and celebrities world by storm. These digital assets, represented by unique codes on a blockchain, bring scarcity and ownership to digital artworks, collectibles, and even virtual real estate. The gaming industry and media & entertainment sector have embraced NFTs, with Ethereum network leading the charge. NFTs allow for the tokenization of games, trading cards, and virtual items, creating new revenue streams for creators and investors. Augmented Reality (AR) and Extended Reality (XR) are set to revolutionize the NFT space, allowing consumers to experience digital property in new ways. The NFT community is growing, with online platforms providing distribution networks and smart contracts ensuring secure, decentralized transactions. However, regulatory considerations are crucial. Intellectual property rights, securities laws, and consumer protection are key areas of focus. Proof of work and proof of stake are the two main consensus mechanisms, with proof of stake becoming increasingly popular due to its energy efficiency. The NFT market is not without challenges. Fraud and regulatory uncertainty remain concerns. The White House has acknowledged the potential of NFTs, but a clear legal framework is needed. Taxation and logistics are also important considerations. Despite these challenges, the future of NFTs is bright. They represent a new frontier in decentralized finance, enabling the tokenization of physical assets like art, houses, and vehicles. As the NFT market matures, it will undoubtedly disrupt industries, from the art world to the sports collectibles market and beyond. 

Big brands such as Visa Inc. And Budweiser are increasingly exploring the potential of Non-Fungible Tokens (NFTs) as a new revenue stream. The appeal lies in the ability to offer unique digital assets as rewards to consumers. Brands like eBay Inc. And Amazon.com Inc., being digitally native, are also showing interest in this trend. The shift toward Web 3.0 and the growing number of e-commerce transactions are expected to fuel the adoption of NFTs, leading to an increase in market transactions and the expansion of the global NFT market. 

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 Market Challenges

Non-Fungible Tokens (NFTs) have revolutionized the art, collectibles, and media & entertainment industries by enabling unique digital ownership. Artists, athletes, celebrities, and even regular users can create and sell digital artworks, collectibles, and virtual items as scarce, authentic, and valuable assets. Blockchain technology, such as Ethereum network, provides transparency, security, and immutability. However, challenges exist. Intellectual property rights, consumer protection, regulatory considerations, and securities laws need clearer frameworks. Fraud and third-party involvement are concerns. Logistics, taxation, and distribution networks require streamlining. Cryptocurrencies and NFTs’ integration with decentralized finance, gaming industry, and metaverse needs careful planning. Proof of work vs proof of stake, and the role of smart contracts, are ongoing debates. The NFT community, media, and entertainment industry, and even The White House, are exploring the potential of NFTs in areas like music, virtual real estate, and more. Ultimately, NFTs offer exciting opportunities, but addressing these challenges is crucial for their long-term success.The Non-Fungible Token (NFT) market presents unique challenges for sellers due to the unpredictability of demand and pricing. The value of NFTs is influenced by factors such as scarcity, uniqueness, and buyer perception. For new sellers, it is difficult to anticipate the identity of potential buyers or the factors driving their purchases. As a result, NFT pricing is subject to fluctuation based on buyer perception. With the NFT market still in its early stages, it is challenging for new investors to forecast future trends in pricing. The uncertainty surrounding NFT valuation adds complexity to an already volatile market.

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Segment Overview 

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

ApplicationCollectiblesSportsArtsOthersEnd-userPersonalCommercialGeographyAPACNorth AmericaSouth AmericaEuropeMiddle East And AfricaTypePhysical AssetDigital Asset

1.1 Collectibles-  Non-Fungible Tokens (NFTs) are unique digital collectibles, minted on the Blockchain with limited editions or rarity. Owners have exclusive rights to sell their NFT collectibles, and vendors offer online platforms for buying and selling. NFTs cannot be exchanged or copied without permission. The market’s growth is driven by the increasing demand for digital assets, with industries going digital and the ubiquity of the Internet. Tokenization, which creates digital tokens representing ownership, further fuels growth. Key features include royalty payments to NFT owners and prevention of unauthorized use. These factors are expected to drive the NFT market’s expansion.

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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 digital artworks, gaming items, and other electronic assets on the blockchain. The gaming industry has embraced NFTs, enabling tokenization of in-game items and creating new revenue streams. NFTs are built on decentralized networks like Ethereum, utilizing blockchain technology and cryptocurrencies for secure transactions. The legal framework surrounding NFTs is still evolving, but ownership is verified through the blockchain, ensuring scarcity and authenticity. NFTs can also be experienced in Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR) environments, adding new dimensions to digital property. However, the market is not without challenges, including potential fraud and the need for distribution networks. Major players include NFT vendors and suppliers, who facilitate the buying and selling of these unique tokens. The Metaverse and Decentralized Finance (DeFi) are also key areas of growth for NFTs, offering new opportunities for creators and investors alike. Magic Eden is an example of a popular NFT marketplace, providing a platform for buying, selling, and discovering new NFTs.

Market Research Overview

The Non-Fungible Token (NFT) market is a revolutionary digital ecosystem where Art, artists, Athletes, and various industries intersect. This decentralized platform, built on blockchain technology, enables the creation, ownership, and trading of unique Digital Assets. These assets can range from Digital Artworks and Collectibles to Virtual Real Estate and Virtual Items, including Painting, Music, Vehicle, and even House. NFTs leverage blockchain’s transparency and security, providing proof of ownership and scarcity for Digital Property. The Ethereum network is a popular choice for NFT creation due to its smart contract capabilities. Augmented Reality (AR) and Extended Reality (XR) enhance the NFT experience, allowing users to interact with their Digital Assets in new ways. The NFT marketplace caters to various industries, including the gaming industry, media & entertainment, and the sports world. Investors, celebrities, and consumers are drawn to this space due to its potential for Decentralized Finance, Intellectual Property ownership, and Tokenization of Games. However, the NFT market also faces challenges, such as Regulatory Considerations, Fraud, and Legal Frameworks. Securities laws, Taxation, and Consumer Protection are crucial aspects that need to be addressed. The NFT community, Online Platforms, and Third Parties play significant roles in shaping the future of this burgeoning market. The NFT market extends beyond the digital realm, influencing the Physical Assets sector and even reaching The White House. As the market continues to evolve, it will impact various industries, from Cryptocurrencies and Cryptocurrencies/assets to the Music, Video games, and Sports Collectibles industries. The NFT market’s potential is vast, offering a new way to distribute, trade, and experience Digital Assets in the Metaverse and beyond.

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 AfricaTypePhysical AssetDigital Asset

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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De¹ Introduces Tokenized Asset World on BNB Chain, Developing Financial Intelligence Across the Full RWA Financial Landscape

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37 minutes ago

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October 19, 2026

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NEW YORK, Oct. 19, 2026 /PRNewswire/ — De¹ is launching Tokenized Asset World on BNB Chain, the first domain-specific world under its Financial World Model (FWM). It introduces specialized financial intelligence designed to understand the full onchain RWA landscape, from trading and collateral to borrowing, credit, liquidation and agent activity, and apply that knowledge to real financial decisions.

Traditional finance moves assets through separate networks of brokers, custodians, clearing systems and lenders. Each institution sees a different part of the lifecycle, while transfers, reconciliation and collateral requirements add friction to capital deployment. Bringing assets onchain makes financial activity more programmable, but it does not automatically connect the knowledge held across trading, financing and risk systems.

De¹ is establishing Tokenized Asset World on BNB Chain, where that real-assets financial ecosystem already unfolds in live markets. PancakeSwap, ListaDAO, Venus, Binance Agent OS and BNB Agent SDK span public trading, collateralized lending, structured credit and authorized agent activity. These activities produce distinct signals: executed prices, liabilities, vault constraints, liquidations and the outcomes of agent actions.

Tokenized Asset World brings fragmented financial knowledge into a coherent, learnable model of the full RWA landscape. The domain model is designed to understand the relationships and consequences across financial operations, with verified execution outcomes continuously refining De¹’s understanding of onchain financial physics. This introduces a new layer of intelligence to BNB Chain, enabling a more complete understanding of the tokenized-asset stack across trading, collateral, credit, vaults and agent activity.

AI agents can tap into this intelligence to operate across tokenized-asset markets with a more comprehensive view of liquidity, borrowing conditions, collateral exposure and liquidation risk as a whole. This deeper market understanding could raise more sophisticated strategies, execution and risk decisions. Each agent interaction, in turn, generates new evidence for the model, creating a continuous feedback loop between financial intelligence and live market execution while strengthening De¹’s broader Financial World Model.

About De¹

De¹ is the intelligent infrastructure platform at the intersection of DeFi and AI, building the Financial World Model grounded in live execution and real market feedback. It serves developers, traders, institutions, and AI agents through intelligent execution, unified liquidity, reinforcement learning optimization, and a continuously evolving data flywheel.

Contact: Marketing, pr@de1.ai

View original content:https://www.prnewswire.co.uk/news-releases/de-introduces-tokenized-asset-world-on-bnb-chain-developing-financial-intelligence-across-the-full-rwa-financial-landscape-302912966.html

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Plata reaches $1 Billion ARR Milestone, becoming the fastest digital bank ever

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37 minutes ago

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October 19, 2026

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The Mexico based digital bank shatters traditional digital banking scaling timelines, reaching a $1 Billion Annual Recurring Revenue  in less than 3.5 years from launch

MEXICO CITY, Oct. 19, 2026 /PRNewswire/ — Plata, the world’s fastest growing digital financial institution, today announced that in September 2026 it has crossed $1 billion in Annual Recurring Revenue (ARR), reaching the milestone in less than 3.5 years from launch in April 2023 and less than a year after receiving its full banking license. Plata´s growth makes it the fastest digital bank in history to reach this benchmark, and puts it on par with some of the world’s fastest growing leading AI companies, underlining Plata’s own AI and tech capabilities.

Plata reaches this goal after having reached more than 4 million customers in Mexico and having launched operations in Colombia at the beginning of September. In Mexico, Plata is now the fourth credit card issuer in the country by number of customers, and the only digital bank with a full product suite including credit, debit, investments, and small business banking. Plata’s growth is also nearing profitability, which is expected to be reached for its Mexico business within the next 6 months.

Plata changed the rules by building a universal financial platform powered by its own technology from day one. By setting up its core banking system, the company proved that regulated financial institutions can scale at AI-like speed without undermining operating performance.

“By building our own technology from scratch, we proved that a bank can move at AI company speed without compromising anything. Now we are ready to accelerate our innovation, make finance effortless and accessible for everyone.” Neri Tollardo, CEO of Plata.

As digital adoption accelerates across Latin America, Plata´s performance sets a new benchmark for financial infrastructure scaling, financial adoption, and operational efficiency in emerging markets.

About Plata

Plata is the fastest-growing financial institution in Latin America and the largest private digital bank by customer volume. In less than three years, we reached a valuation of $3.1 billion with 4 million active credit card customers and crossed $1 billion in Annual Recurring Revenue (ARR). Backed by $1.5 billion in equity investment, 1.5 in financing, and a workforce that includes 800 in-house developers, in Banco Plata we have built our own technological ecosystem, which includes a core banking system, CRM, and an app focused on simplifying the financial experience.

View original content:https://www.prnewswire.com/news-releases/plata-reaches-1-billion-arr-milestone-becoming-the-fastest-digital-bank-ever-302912970.html

SOURCE Plata

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Trends International Announces Kenneth Smith as President and Chief Executive Officer

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37 minutes ago

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October 19, 2026

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Experienced executive to lead company’s next phase of retail, digital commerce and strategic growth

INDIANAPOLIS, Oct. 19, 2026 /PRNewswire/ — Trends International, LLC, a leading publisher and manufacturer of licensed posters, calendars, stickers, wall art and social stationery products, today announced that Kenneth Smith has been appointed President and Chief Executive Officer, effective May 2026.

Smith will spearhead the company’s overall strategic direction and growth initiatives across its retail, wholesale, e-commerce, licensing and direct-to-consumer businesses. In his role, Smith will oversee Trends International and its portfolio of digital businesses, including Art.com and AllPosters.com.

Smith’s appointment comes as Trends International enters a new phase of expansion focused on broadening its retail presence, accelerating e-commerce, strengthening strategic customer relationships, developing new products and licenses, and pursuing partnerships and business opportunities.

“I am honored to lead Trends International and build on the strong foundation established by the company, its founders and its talented employees,” said Kenneth Smith, “We have an exceptional portfolio of brands, licenses, products and customer relationships, and we see significant opportunities to grow the business. Our focus will be on strengthening our retail partnerships, accelerating our digital businesses, developing innovative products and creating new strategic opportunities that deliver value for our customers, consumers, licensors and partners.”

Expanding Retail and Digital Footprint
Under Smith’s leadership, Trends International will continue to invest in its core retail business while broadening its digital commerce capabilities.

The company is focused on deepening relationships with major retailers, expanding distribution, improving merchandising, and developing new product platforms designed to create incremental sales opportunities.

Trends will also continue to build Trends Digital, bringing together the company’s e-commerce capabilities and creating a platform for future digital growth and potential e-commerce acquisitions.

The company’s digital portfolio includes Art.com and AllPosters.com, providing consumers with access to millions of images, posters, prints, wall art, and complementary décor.

“Trends has a tremendous opportunity to build upon its heritage while positioning the company for the future,” Smith said. “We are focused on growth, but equally important is how we achieve that growth — through strong customer partnerships, disciplined execution, innovation and a culture that empowers our people to succeed.”

Strategic Priorities
Smith’s leadership agenda includes several key areas of focus:

Retail growth — Expand relationships and sales with major national retailers and specialty channels.Product innovation — Develop new product formats, displays and seasonal programs that create incremental retail opportunities.Digital commerce — Accelerate the growth of Trends Digital, Art.com and AllPosters.com.Strategic partnerships — Forge new licensing, brand and business partnerships that expand the company’s market opportunity.Operational excellence — Improve organizational alignment, processes, technology, and execution across the company’s businesses.Talent and culture — Build a high-performing organization focused on accountability, innovation, customer service and sustainable growth.

“Kenneth brings a strong combination of leadership, customer focus and business development experience to Trends International,” said Phil St. Jean, Founder and Co-Executive Chairman of Trends International. “His vision for the company and his commitment to our customers, employees and partners make him the right leader for this next chapter. We are excited about what the future holds for Trends International and its businesses.”

About Kenneth Smith
Kenneth Smith is an experienced business executive with a background in sales leadership, strategic account development, business development, customer relationships, and organizational transformation. Throughout his career, Smith has focused on developing strategic growth initiatives, building high-performing teams, and creating long-term partnerships with major customers and business partners.

As president and chief executive officer of Trends International, Smith is responsible for the company’s overall strategy, growth, organizational leadership and business performance.

About Trends International
Trends International, LLC is a leading publisher and manufacturer of licensed posters, calendars, stickers, wall art and social stationery products. Established in 1987, Trends built its business around strong partnerships between licensors, retailers and licensees. Today, the company delivers a broad portfolio of licensed and proprietary products distributed through major retail, specialty, and digital channels.

Art.com, acquired by Trends International in 2023, is a leading online specialty retailer of high-quality wall art and complementary décor. The business offers millions of images and products through its digital commerce platform and interactive visualization tools.

AllPosters.com, part of the Trends International family of businesses, offers consumers a broad selection of posters, prints and wall décor.

For more information about Trends International, Art.com, AllPosters.com or Kenneth Smith, contact:

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SOURCE Trends International

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