Prediction of NFT market be worth of £84bn by 2028

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An NFT market prediction by a global research company suggests that the industry will continue to grow over the next five years. Officially “The Global Non-fungible Token Market Size, Share & Industry Trends Analysis Report”, it estimates that the market will be worth £84bn ($97.6 billion) in 2028.

The NFT industry has made remarkable strides in the last two years.

The report, consisting of over 181 pages of data, looks at how NFTs will see an increase in market share. It details a market overview, the impact of the metaverse and the global art market in the coming years. What’s more, the NFT market prediction looks at NFT geography and how each region of the world will differ. Although to many in the NFT industry, it may seem like it has been around forever, NFTs are relatively new. Furthermore, many people are still unaware or unsure of the benefits of the technology.

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