the forecast for long-term NFT markets is anything but positive. In fact, these are estimated to reach a value of $2.7 billion by 2025: less than half the previous forecast. Below are all the details:


After a positive start in 2023 and several good months, the once booming NFT market has encountered new challenges and recorded weak sales data, disappointing growth projections for the coming years.

In fact, although revenues are growing 80% year-on-year, they remain significantly below pre-2022 forecasts. 

As is well known, the cryptocurrency winter has greatly reduced investor interest in NFTs, with the number and value of sales much lower than in the previous year. 

In addition, the weak performance of NFTs in recent months has also lowered optimistic prospects for future market growth. We see that, in 2021, NFT markets generated $810 million in revenue, according to Statista data. 

This figure increased to $890 million last year, despite 2022 being one of the most difficult years in the history of the cryptocurrency market. 

In November 2022, Statista’s forecast indicated a remarkable recovery of the entire market, with an estimated value of 3.68 billion dollars in 2023 and over 6.2 billion by 2025.

However, six months later, Statista’s forecasts have been significantly scaled back. Indeed, according to the latest data from April, the Non-Fungible Token market is expected to generate about $1.6 billion this year, which is 56% less than the previous forecast. 

It is expected to grow by 70% over the next four years, reaching 2.75 billion in 2025: a much lower figure than the 6.2 billion previously projected.
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