REPORT HIGHLIGHT

Blockchain in Gaming Market size was valued at USD 4,901.8 Million in 2022, expanding at a CAGR of 58.7% from 2023 to 2030.

Blockchain in gaming refers to the use of blockchain platform in the gaming industry to enable secure, transparent and decentralized transactions. Blockchain Platform is a distributed ledger Platform that allows for secure and transparent recording of transactions.

Blockchain in Gaming Market- Market Dynamics

The Blockchain in Gaming market is primarily driven by the growing demand for decentralization and reduces risk of hacking. The decentralized nature of blockchain Platform allows for secure and transparent transactions without the need for intermediaries. This is particularly important for gaming, as it allows players to have greater control over their in-game assets and reduces the risk of fraud and hacking. Blockchain Platform enables the creation of unique and verifiable digital assets that can be traded or sold outside of the game. This creates a new economy for gaming, where players can earn real money from playing games.

Furthermore, the use of blockchain Platform in gaming can provide greater security and protection against fraud and hacking. Blockchain-based systems are more difficult to hack than traditional centralized systems, as they are distributed and encrypted. In addition, gaming communities are known for their tight-knit and passionate nature. Blockchain Platform can facilitate the creation of decentralized gaming communities, where players can interact and trade assets in a secure and transparent way. Moreover, the gaming industry is a rapidly growing market, and blockchain Platform has the potential to open new revenue streams for game developers, publishers, and players alike.

Blockchain in Gaming Market- Segmentation Analysis:

The global Blockchain in Gaming Market is segmented on the basis of Gaming Type, Platform, Device Type, and Region.

The market is divided into three categories based on Gaming Type: role playing games, open world games, and collectible games. Role playing games segment dominates the market. The increasing demand for blockchain based role playing games is contributing to segment growth.

The market is divided into four categories based on Platform: Ethereum based, BNB chain based, Polygon based, and others. The Ethereum based segment dominates the market and is likely to maintain its dominance during the forecast period. This is partly due to an increase in the demand for blockchain based gaming.

The market is divided into two categories based on Device Type: Android, iOS, and others. The android segment dominates the market and is likely to maintain its dominance during the forecast period. This is partly due to an increasing demand for mobile gaming applications.

Blockchain in Gaming Market- Geographical Insights

Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.

North America held the largest market share in 2021 and is projected to continue its dominance during the forecast period. The growing demand from blockchain gaming in the U.S. is mainly contributing to market growth.

Blockchain in Gaming Market- Competitive Landscape:

Due to the high demand for Blockchain in Gaming in the coming years, the worldwide market for Blockchain in Gaming is made of both international and local producers, making it one of the most competitive sectors in the world. Companies sell their Gaming Types through a variety of channels, including corporate websites. Gaming Types makers compete on a variety of aspects, including Gaming performance. Some of the primary techniques used by corporations to strengthen their reach and expand their market share include new Gaming Type launches, web network development, and mergers and acquisitions. For instance, in 2021, the French video game company called Ubisoft is exploring the use of blockchain technology for in-game item trading and player ownership. Ubisoft has also launched a blockchain-based game called "HashCraft" that allows players to earn cryptocurrency by creating and sharing content.

Key features of the study:

• This proposed research study on Blockchain in Gaming market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year
• The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Blockchain in Gaming market
• The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Blockchain in Gaming market
• Impact of COVID-19 on Blockchain in Gaming market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Blockchain in Gaming market post-COVID will also be covered.
• In order to give the users of this report a comprehensive view on the Blockchain in Gaming market, we have also included competitive landscape and key innovator analysis for the Blockchain in Gaming market.
• The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
• The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Blockchain in Gaming market.
• In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
• The global Blockchain in Gaming market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL BLOCKCHAIN IN GAMING MARKET KEY PLAYERS

• Enjin
• Animoca Brands
• Forte
• Ubisoft
• Atari
• MyDFS
• io
• BitGuild
• Gala Games
• Immutable
• Mythical Games
• DMarket
• GameCredits
• WAX
• Ultra
• Lucid Sight

GLOBAL BLOCKCHAIN IN GAMING MARKET, BY GAMING TYPE

• Role playing games
• Open world games
• Collectible games

GLOBAL BLOCKCHAIN IN GAMING MARKET, BY PLATFORM

• Ethereum based
• BNB chain based
• Polygon based
• others

GLOBAL BLOCKCHAIN IN GAMING MARKET, BY DEVICE TYPE

• Android
• iOS
• Others

GLOBAL BLOCKCHAIN IN GAMING MARKET, BY REGION

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • France
  • Italy
  • Spain
  • United Kingdom
  • Russia
  • Netherlands
  • Sweden
  • Poland
  • Rest of Europe
• Asia Pacific
  • India
  • China
  • South Korea
  • Japan
  • Australia
  • Thailand
  • Indonesia
  • Philippines
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Rest of LATAM
• The Middle East and Africa
  • Saudi Arabia
  • United Arab Emirates
  • Israel
  • Turkey
  • Algeria
  • Egypt
  • Rest of MEA