The non-fungible token (NFT) market in Japan was projected to reach 5.4 billion Japanese yen in 2022, with music being the largest segment at 1.2 billion yen. The size of the NFT market in the area of music was forecast to grow to 26 billion yen by 2028.
Forecasted value of the non-fungible token (NFT) market in Japan from 2022 to 2028, by segment
(in billion Japanese yen)
The NFT market is defined as NFT-related services in digital content in five areas (publishing (books, manga, magazines), music, movies, games, and art).
100 Japanese yen equal 0.76 U.S. dollars or 0.71 euros as of January 2023.
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Nomura Research Institute. (December 22, 2022). Forecasted value of the non-fungible token (NFT) market in Japan from 2022 to 2028, by segment (in billion Japanese yen) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1361185/japan-nft-market-size-by-segment/
Nomura Research Institute. "Forecasted value of the non-fungible token (NFT) market in Japan from 2022 to 2028, by segment (in billion Japanese yen)." Chart. December 22, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1361185/japan-nft-market-size-by-segment/
Nomura Research Institute. (2022). Forecasted value of the non-fungible token (NFT) market in Japan from 2022 to 2028, by segment (in billion Japanese yen). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1361185/japan-nft-market-size-by-segment/
Nomura Research Institute. "Forecasted Value of The Non-fungible Token (Nft) Market in Japan from 2022 to 2028, by Segment (in Billion Japanese Yen)." Statista, Statista Inc., 22 Dec 2022, https://www.statista.com/statistics/1361185/japan-nft-market-size-by-segment/
Nomura Research Institute, Forecasted value of the non-fungible token (NFT) market in Japan from 2022 to 2028, by segment (in billion Japanese yen) Statista, https://www.statista.com/statistics/1361185/japan-nft-market-size-by-segment/ (last visited December 22, 2024)
Forecasted value of the non-fungible token (NFT) market in Japan from 2022 to 2028, by segment (in billion Japanese yen) [Graph], Nomura Research Institute, December 22, 2022. [Online]. Available: https://www.statista.com/statistics/1361185/japan-nft-market-size-by-segment/
