The average revenue per user in the 'Non-fungible tokens' segment of the fintech market in Thailand was forecast to continuously increase between 2024 and 2028 by in total 21.3 U.S. dollars (+29.54 percent). According to this forecast, in 2028, the indicator will have increased for the sixth consecutive year to 93.4 U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition:
Non-fungible token (NFT) is a unique identifier that represents ownership of real-world or digital assets, such as art, music, collectibles, in-game items, and even real estate. These tokens are cryptographically secured in a blockchain (Ethereum, Solana, Avalanche, etc.), and the cryptocurrency of the underlying blockchain is used for NFT transactions.
NFT marketplaces require digital onboarding of their clients and do not have physical branches to provide consultations and services to their customers. Nevertheless, it is not mandatory for their potential clients to have a smartphone to open an account. The marketplaces usually charge a fee for their services, and these platforms can be accessed via a desktop website.
Within our market scope, we focus only on NFT marketplaces that provide either exclusively B2C or both B2B and B2C services, those that work solely with B2B clients are excluded from the market.
Additional Information:
NFTs are predominantly traded and exchanged in NFT marketplaces, some of the keyplayers are Opensea, Rarible, Axie Marketplace and Foundation.
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Statista. (January 22, 2024). Transaction value per user of the NFT industry in Thailand 2019-2028 (in U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/1153905/thailand-nft-average-transaction-value-per-user
Statista. "Transaction value per user of the NFT industry in Thailand 2019-2028 (in U.S. dollars)." Chart. January 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/1153905/thailand-nft-average-transaction-value-per-user
Statista. (2024). Transaction value per user of the NFT industry in Thailand 2019-2028 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/1153905/thailand-nft-average-transaction-value-per-user
Statista. "Transaction Value per User of The Nft Industry in Thailand 2019-2028 (in U.S. Dollars)." Statista, Statista Inc., 22 Jan 2024, https://www.statista.com/forecasts/1153905/thailand-nft-average-transaction-value-per-user
Statista, Transaction value per user of the NFT industry in Thailand 2019-2028 (in U.S. dollars) Statista, https://www.statista.com/forecasts/1153905/thailand-nft-average-transaction-value-per-user (last visited November 21, 2024)
Transaction value per user of the NFT industry in Thailand 2019-2028 (in U.S. dollars) [Graph], Statista, January 22, 2024. [Online]. Available: https://www.statista.com/forecasts/1153905/thailand-nft-average-transaction-value-per-user
