New Report Spells Out The Future Of NFT Market
Ellen Britt for CNT #NFTAnyone who is pessimistic about the future of the NFT market has simply not done enough research. A new report spells out the forecast in detail.The report on non-fungible tokens by the research firm Markets And Markets, forecasts a 35 percent increase in market size by 2027.The Numbers PleaseThe existing market is a healthy $3 billion and based on a compound annual growth rate (CAGR) of 35 percent, that market size is expected to reach a whopping $13.6 billion by the end of 2027. Of course, that assumes that interest by investors will continue to grow. Market DriversThe…