LAMEA Non-fungible Token Market Size, Share & Industry Trends Analysis Report By Type (Digital Asset and Physical Asset), By End Use (Personal and Commercial), By Application, By Country and Growth Forecast, 2022 - 2028

The Latin America, Middle East and Africa Non-fungible Token Market would witness market growth of 34.2% CAGR during the forecast period (2022-2028).

Collectibles, like sports cards, digital artwork, and rarities, account for a large portion of the present NFT market. NBA Top Shot, a location to collect non-fungible tokenized NBA events in digital card form, is perhaps the most publicized space. Significant amounts of money have been spent on some of these cards. Cryptocurrencies, like actual money, are fungible, which means they can be sold or exchanged for each other. One bitcoin, for example, is always worth the same as another bitcoin. A single unit of ether is always equivalent to another unit of ether. Cryptocurrencies are appropriate as a safe means of transaction across the digital economy because of their fungibility.

NFTs change the crypto model by making each token one-of-a-kind and irreplaceable, making it impossible to compare two non-fungible tokens. They are digital representations of assets that have been compared to digital passports since each token has a unique, non-transferable identity that allows it to be distinguished from others. They are also extendable, which means the user can generate a third, unique NFT by combining two NFTs.

One of the first UAE government agencies to produce its own Non-Fungible Token is the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) (NFT). Over 220 employees cooperated to create the distinctive NFT digital art through a series of inventive workshops, which aimed to embody DCT Abu Dhabi's corporate principles of being friendly, pioneering, nimble, and collaborative.

Digital assets that represent real-world artifacts, such as artwork, music, video games, or film clips, are known as NFTs. The generated arts are typically encoded and saved on the same cryptocurrency blockchain platform and can only be acquired or sold online using cryptocurrencies. The two-day workshop event had eight sessions in which 20 teams collaborated to create ideas using a photo library of over 1,000 photographs. The distinct designs were combined to form a collage, which was then transferred to DCT Abu Dhabi's private NFT. Other UAE government bodies have expressed interest in repeating the NFT workshop to create their own distinctive digital assets since DCT Abu Dhabi's workshop.

The Brazil market dominated the LAMEA Non-fungible Token Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,631.2 Million by 2028. The Argentina market is estimated to grow at a CAGR of 34.9% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 33.9% during (2022 - 2028).

Based on Type, the market is segmented into Digital Asset and Physical Asset. Based on End Use, the market is segmented into Personal and Commercial. Based on Application, the market is segmented into Collectibles, Art, Gaming, Sport, Utilities, Metaverse, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Non-fungible Token Market is Predict to reach $97.6 Billion by 2028, at a CAGR of 31.6%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cloudflare, Inc., Gemini Trust Company, LLC, Ozone Networks, Inc., Dapper Labs, Inc., Semidot Infotech, and The Sandbox (BACASABLE Global Limited)

Scope of the Study

Market Segments Covered in the Report:

By Type

• Digital Asset
• Physical Asset

By End Use

• Personal
• Commercial

By Application

• Collectibles
• Art
• Gaming
• Sport
• Utilities
• Metaverse
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

• Cloudflare, Inc.
• Gemini Trust Company, LLC
• Ozone Networks, Inc.
• Dapper Labs, Inc.
• Semidot Infotech
• The Sandbox (BACASABLE Global Limited)

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Non-fungible Token Market, by Type
1.4.2 LAMEA Non-fungible Token Market, by End Use
1.4.3 LAMEA Non-fungible Token Market, by Application
1.4.4 LAMEA Non-fungible Token Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. LAMEA Non-fungible Token Market by Type
3.1 LAMEA Digital Asset Market by Country
3.2 LAMEA Physical Asset Market by Country

Chapter 4. LAMEA Non-fungible Token Market by End-Use
4.1 LAMEA Personal Market by Country
4.2 LAMEA Commercial Market by Country

Chapter 5. LAMEA Non-fungible Token Market by Application
5.1 LAMEA Collectibles Market by Country
5.2 LAMEA Art Market by Country
5.3 LAMEA Gaming Market by Country
5.4 LAMEA Sport Market by Country
5.5 LAMEA Utilities Market by Country
5.6 LAMEA Metaverse Market by Country
5.7 LAMEA Others Market by Country

Chapter 6. LAMEA Non-fungible Token Market by Country
6.1 Brazil Non-fungible Token Market
6.1.1 Brazil Non-fungible Token Market by Type
6.1.2 Brazil Non-fungible Token Market by End-Use
6.1.3 Brazil Non-fungible Token Market by Application
6.2 Argentina Non-fungible Token Market
6.2.1 Argentina Non-fungible Token Market by Type
6.2.2 Argentina Non-fungible Token Market by End-Use
6.2.3 Argentina Non-fungible Token Market by Application
6.3 UAE Non-fungible Token Market
6.3.1 UAE Non-fungible Token Market by Type
6.3.2 UAE Non-fungible Token Market by End-Use
6.3.3 UAE Non-fungible Token Market by Application
6.4 Saudi Arabia Non-fungible Token Market
6.4.1 Saudi Arabia Non-fungible Token Market by Type
6.4.2 Saudi Arabia Non-fungible Token Market by End-Use
6.4.3 Saudi Arabia Non-fungible Token Market by Application
6.5 South Africa Non-fungible Token Market
6.5.1 South Africa Non-fungible Token Market by Type
6.5.2 South Africa Non-fungible Token Market by End-Use
6.5.3 South Africa Non-fungible Token Market by Application
6.6 Nigeria Non-fungible Token Market
6.6.1 Nigeria Non-fungible Token Market by Type
6.6.2 Nigeria Non-fungible Token Market by End-Use
6.6.3 Nigeria Non-fungible Token Market by Application
6.7 Rest of LAMEA Non-fungible Token Market
6.7.1 Rest of LAMEA Non-fungible Token Market by Type
6.7.2 Rest of LAMEA Non-fungible Token Market by End-Use
6.7.3 Rest of LAMEA Non-fungible Token Market by Application

Chapter 7. Company Profiles
7.1 Cloudflare, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.2 Gemini Trust Company, LLC
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Acquisition and Mergers:
7.3 Ozone Networks, Inc.
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Acquisition and Mergers:
7.3.2.2 Business Expansions:
7.4 Dapper Labs, Inc.
7.4.1 Company Overview
7.5 Semidot Infotech
7.5.1 Company Overview
7.6 The Sandbox (BACASABLE Global Limited)
7.6.1 Company Overview

TABLE 1 LAMEA Non-fungible Token Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Non-fungible Token Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Non-fungible Token Market by Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Non-fungible Token Market by Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Digital Asset Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Digital Asset Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Physical Asset Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Physical Asset Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Non-fungible Token Market by End-Use, 2018 - 2021, USD Million
TABLE 10 LAMEA Non-fungible Token Market by End-Use, 2022 - 2028, USD Million
TABLE 11 LAMEA Personal Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Personal Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Commercial Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Commercial Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Non-fungible Token Market by Application, 2018 - 2021, USD Million
TABLE 16 LAMEA Non-fungible Token Market by Application, 2022 - 2028, USD Million
TABLE 17 LAMEA Collectibles Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Collectibles Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Art Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Art Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Gaming Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Gaming Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Sport Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Sport Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Utilities Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Utilities Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Metaverse Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Metaverse Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Non-fungible Token Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Non-fungible Token Market by Country, 2022 - 2028, USD Million
TABLE 33 Brazil Non-fungible Token Market, 2018 - 2021, USD Million
TABLE 34 Brazil Non-fungible Token Market, 2022 - 2028, USD Million
TABLE 35 Brazil Non-fungible Token Market by Type, 2018 - 2021, USD Million
TABLE 36 Brazil Non-fungible Token Market by Type, 2022 - 2028, USD Million
TABLE 37 Brazil Non-fungible Token Market by End-Use, 2018 - 2021, USD Million
TABLE 38 Brazil Non-fungible Token Market by End-Use, 2022 - 2028, USD Million
TABLE 39 Brazil Non-fungible Token Market by Application, 2018 - 2021, USD Million
TABLE 40 Brazil Non-fungible Token Market by Application, 2022 - 2028, USD Million
TABLE 41 Argentina Non-fungible Token Market, 2018 - 2021, USD Million
TABLE 42 Argentina Non-fungible Token Market, 2022 - 2028, USD Million
TABLE 43 Argentina Non-fungible Token Market by Type, 2018 - 2021, USD Million
TABLE 44 Argentina Non-fungible Token Market by Type, 2022 - 2028, USD Million
TABLE 45 Argentina Non-fungible Token Market by End-Use, 2018 - 2021, USD Million
TABLE 46 Argentina Non-fungible Token Market by End-Use, 2022 - 2028, USD Million
TABLE 47 Argentina Non-fungible Token Market by Application, 2018 - 2021, USD Million
TABLE 48 Argentina Non-fungible Token Market by Application, 2022 - 2028, USD Million
TABLE 49 UAE Non-fungible Token Market, 2018 - 2021, USD Million
TABLE 50 UAE Non-fungible Token Market, 2022 - 2028, USD Million
TABLE 51 UAE Non-fungible Token Market by Type, 2018 - 2021, USD Million
TABLE 52 UAE Non-fungible Token Market by Type, 2022 - 2028, USD Million
TABLE 53 UAE Non-fungible Token Market by End-Use, 2018 - 2021, USD Million
TABLE 54 UAE Non-fungible Token Market by End-Use, 2022 - 2028, USD Million
TABLE 55 UAE Non-fungible Token Market by Application, 2018 - 2021, USD Million
TABLE 56 UAE Non-fungible Token Market by Application, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Non-fungible Token Market, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Non-fungible Token Market, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Non-fungible Token Market by Type, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Non-fungible Token Market by Type, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Non-fungible Token Market by End-Use, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Non-fungible Token Market by End-Use, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Non-fungible Token Market by Application, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Non-fungible Token Market by Application, 2022 - 2028, USD Million
TABLE 65 South Africa Non-fungible Token Market, 2018 - 2021, USD Million
TABLE 66 South Africa Non-fungible Token Market, 2022 - 2028, USD Million
TABLE 67 South Africa Non-fungible Token Market by Type, 2018 - 2021, USD Million
TABLE 68 South Africa Non-fungible Token Market by Type, 2022 - 2028, USD Million
TABLE 69 South Africa Non-fungible Token Market by End-Use, 2018 - 2021, USD Million
TABLE 70 South Africa Non-fungible Token Market by End-Use, 2022 - 2028, USD Million
TABLE 71 South Africa Non-fungible Token Market by Application, 2018 - 2021, USD Million
TABLE 72 South Africa Non-fungible Token Market by Application, 2022 - 2028, USD Million
TABLE 73 Nigeria Non-fungible Token Market, 2018 - 2021, USD Million
TABLE 74 Nigeria Non-fungible Token Market, 2022 - 2028, USD Million
TABLE 75 Nigeria Non-fungible Token Market by Type, 2018 - 2021, USD Million
TABLE 76 Nigeria Non-fungible Token Market by Type, 2022 - 2028, USD Million
TABLE 77 Nigeria Non-fungible Token Market by End-Use, 2018 - 2021, USD Million
TABLE 78 Nigeria Non-fungible Token Market by End-Use, 2022 - 2028, USD Million
TABLE 79 Nigeria Non-fungible Token Market by Application, 2018 - 2021, USD Million
TABLE 80 Nigeria Non-fungible Token Market by Application, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Non-fungible Token Market, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Non-fungible Token Market, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Non-fungible Token Market by Type, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Non-fungible Token Market by Type, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Non-fungible Token Market by End-Use, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA Non-fungible Token Market by End-Use, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Non-fungible Token Market by Application, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Non-fungible Token Market by Application, 2022 - 2028, USD Million
TABLE 89 Key Information – Cloudflare, Inc.
TABLE 90 Key Information – Gemini Trust Company, LLC
TABLE 91 Key Information – Ozone Networks, Inc.
TABLE 92 Key Information – Dapper Labs, Inc.
TABLE 93 Key Information – Semidot Infotech
TABLE 94 Key Information – The Sandbox

List of Figures
FIG 1 Methodology for the research