Non-fungible Token (NFT) Market to grow by USD 113.93 billion from 2022 to 2027, Growth Driven by Increasing Demand for digital art- Technavio

NEW YORK, Sept. 24, 2023 /PRNewswire/ — The “non-fungible token (NFT) market by application (collectibles, sports, arts, and others), end-user (personal and commercial), and geography (APAC, North America, South America, Europe, and the Middle East and Africa) – Forecast and Analysis 2023-2027″ report has been added to technavio offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the non-fungible token (NFT) market from 2022 to 2027 is USD 113.93 billion, according to Technavio. The increasing demand for digital art is a key factor driving market growth. Digital art can be defined as anything of a visual nature created using a computer. NFTs have gained traction in digital art applications through the Internet, social networks, and other digital media….