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Blockchain in Gaming Market Forecast Reach USD 818.5 Billion by 2032 Growing at 66.5% CAGR

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According to a new report published by Allied Market Research, titled, “ “. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine steps to be taken to gain competitive advantage. 

 

The blockchain in gaming market size was valued at $4.9 billion in 2022, and is estimated to reach $818.5 billion by 2032, growing at a CAGR of 66.5% from 2023 to 2032. 
 
Blockchain in gaming refers to the use of blockchain technology to create decentralized and secure gaming experiences. The mobile travel booking market has seen significant growth over the years, driven by several key trends and growth factors. One major trend is the growing popularity of play-to-earn game, which allow players to earn cryptocurrency or other rewards for playing, are becoming increasingly popular. These games offer players a way to earn real money while having fun. Another trend is game developers are adopting blockchain technology to enhance gameplay and provide players with new opportunities for ownership and earning. 
 
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/A74512 
 
The blockchain in gaming market is segmented on the basis of game type, platform, and device type. Based on game type, the market is segmented into role playing games, open world games, and collectible games. As per platform, it is segmented into ETH, BNB chain, polygon, and others. On the basis of device type, it is segmented into android, web, and iOS. Region wise, it is analysed across North America, Europe, Asia-Pacific, and LAMEA.  

Based on region, Asia-Pacific attained the highest growth in 2022 and is also expected to register highest growth rate during the forecast period. This is because the growing interest in cryptocurrency and high internet and mobile penetration. There is an increasing interest in cryptocurrency among consumers and investors in the Asia Pacific region, resulting in a growing participation in the cryptocurrency market. This creates a favorable environment for blockchain gaming, which utilizes cryptocurrency and other digital assets. For instance, in January 2023, Asia Blockchain Gaming Alliance (ABGA), a non-profit organization focusing on blockchain technology in the gaming industry, launched USD 45 million eco fund. The eco fund would be dedicated to supporting and enhancing the development of game developers and companies. 
 
The key players profiled in the blockchain in gaming market analysis are Animoca Brands Corporation Limited, Appinventiv, Cubix, IBM, LeewayHertz, Lumighost Ltd, Maticz Technologies Private Limited, Sara Technologies Inc., Unicsoft and Webllisto. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. 
 
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia. 
 
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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. 
 
About Us: 
 
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains. 
 
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests. 

  • Blockchain in Gaming Market Forecast Reach USD 818.5 Billion by 2032 Growing at 66.5% CAGR
  • The blockchain in gaming market size was valued at $4.9 billion in 2022, and is estimated to reach $818.5 billion by 2032, growing at a CAGR of 66.5% from 2023 to 2032. 
  • blockchain in gaming

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