Blockchain Gaming Market by Platform (Ethereum, Polygon, Solana, Cardano, EOS, Binance Smart Chain), Model (Free-to-play, Pay-to-play, Play-to-earn), Genre, and Geography

Description

List of Tables

Blockchain Gaming Market Size, Share, Forecast, & Trends Analysis by Platform (Ethereum, Polygon, Solana, Cardano, EOS, Binance Smart Chain), Model (Free-to-play, Pay-to-play, Play-to-earn), Genre, and Geography-Global Forecast to 2031

The research report titled, 'Blockchain Gaming Market Size, Share, Forecast, & Trends Analysis by Platform (Ethereum, Polygon, Solana, Cardano, EOS, Binance Smart Chain), Model (Free-to-play, Pay-to-play, Play-to-earn), Genre, and Geography-Global Forecast to 2031', provides in-depth analysis of the blockchain gaming market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.

The blockchain gaming market is projected to reach $255.8 billion by 2031, at a CAGR of 52.7% from 2024 to 2031. The growth of this market is driven by the proliferation of player-driven economies, the increasing need for secured and transparent gaming environments for players, and growing investments and funding in blockchain gaming. Additionally, the cross-game interoperability in multiple games or platforms, non-fungible tokens (NFTs), and play-to-earn model trends are expected to create market growth opportunities. However, complex standards & regulations for blockchain gaming restrain the growth of this market. Additionally, cybersecurity & data privacy issues are major challenges for players in this market.

Integration of game finance (GameFi), decentralized finance (DeFi), metaverse, and other virtual worlds are prominent trends in the blockchain gaming market.

The global blockchain gaming market is segmented based on platform, model, and genre. This study also evaluates industry competitors and analyzes the market at the region/country level.

Based on platform, the global blockchain gaming market is segmented into Ethereum, Polygon, Binance Smart Chain (BSC), Cardano, Flow, Solana, Electro-Optical System (EOS), and other platforms. In 2024, the Ethereum segment is expected to account for the largest share of the global blockchain gaming market. The large market share of this segment is attributed to its compatibility with various programming languages for flexible development options, robust token standards for creating and managing non-fungible tokens (NFTs), smart contract functionality, and programmable in-game logic, and growing need for transparency, immutability, & seamless transfer of digital assets across games. However, the Binance Smart Chain segment is projected to register the highest CAGR during the forecast period.

Based on model, the global blockchain gaming market is segmented into free-to-play (F2P), pay-to-play (P2P), play-to-earn (P2E), and other models. In 2024, the free-to-play segment is expected to account for the largest share of the global blockchain gaming market. This segment's large market share is attributed to its easy accessibility to a wide audience without upfront purchase or subscription fee, continuous content updates, the rising number of smartphone users and popularity of mobile gaming, and its ability to allow players to seamlessly switch between different devices and continue their progress. However, the play-to-earn (P2E) segment is projected to register the highest CAGR during the forecast period.

Based on genre, the global blockchain gaming market is broadly segmented into action/adventure, sandbox, simulation and sports, role-playing, player vs. player, a multiplayer online battle arena, real-time strategy, shooters, racing, puzzlers and party games, survival horror, and other genres. In 2024, the action/adventure games segment is expected to account for the largest share of the global blockchain gaming market. The large market share of this segment is attributed to the increasing availability of action/adventure games across multiple platforms, including consoles, PCs, and mobile devices, and increasing investment from game developers and publishers for higher-quality productions, larger marketing campaigns, and greater market visibility for action/adventure games. However, the role-playing segment is projected to register the highest CAGR during the forecast period.

Based on geography, the global blockchain gaming market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of the global blockchain gaming market, followed by North America and Europe. Asia-Pacific's large market share is primarily attributed to the increasing internet and smartphone penetration, supportive regulatory frameworks that provide clarity and guidance for blockchain gaming companies, growing interest in innovative gaming models, and the rising esports market in countries such as China, India, Japan, and South Korea.

Moreover, the market in Asia-Pacific is projected to register the highest growth rate during the forecast period.

Key Players:

The key players operating in the Blockchain Gaming Market are Sky Mavis (Singapore), Enjin Pte. Ltd. (Singapore), Immutable (Australia), Decentraland Foundation (China), Gala Games (U.S.), Animoca Brands Corporation Limited (Hong Kong), MyCryptoHeroes (Japan), Dapper Labs, Inc. (Canada), WAX (Worldwide Asset eXchange) (U.S.), Forte Labs, Inc. (U.S.), Lucid Sight (U.S.), Chromia (Sweden), Ultra (France), Mythical Games (U.S.), Splinterlands (U.S.), Wemade Co., Ltd (South Korea), Dacoco Gmbh (Switzerland), Illuvium (Australia), Uplandme, Inc. (U.S.), and Sorare (France).

Key questions answered in the report-

Which are the high-growth market segments based on platform, model, genre, and geography?
What was the historical market for the blockchain gaming market?
What are the market forecasts and estimates for the period 2024-2031?
What are the major drivers, restraints, opportunities, and challenges in the blockchain gaming market?
Who are the major players in the blockchain gaming market, and what are their market shares?
What is the competitive landscape like?
What are the recent developments in the blockchain gaming market?
What are the different strategies adopted by the major players in the blockchain gaming market?
What are the key geographic trends, and which are the high-growth countries?
Who are the emerging players in the blockchain gaming market, and how do they compete with the other players?

Scope of the Report:

Global Blockchain Gaming Market Assessment-by Platform

Ethereum
Polygon
Binance Smart Chain (BSC)
Cardano
Flow
Solana
Electro-Optical System (EOS)
Other Platforms

Global Blockchain Gaming Market Assessment-by Model

Free-to-Play Games (F2P)
Pay-to-Play Games (P2P)
Play-to-Earn Games (P2E)
Other Models

Global Blockchain Gaming Market Assessment-by Genre

Action/Adventure
Sandbox
Simulation and Sports
Role-playing
Player VS. Player
Multiplayer Online Battle Arena
Real-time Strategy
Shooters
Racing
Puzzlers and Party Games
Survival Horror
Other Genres

Global Blockchain Gaming Assessment-by Geography

North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Netherlands
Denmark
Austria
Switzerland
Rest of Europe (RoE)
Asia-Pacific
Japan
China
India
South Korea
Singapore
Australia & New Zealand
Malaysia
Rest of Asia-Pacific (RoAPAC)
Latin America
Brazil
Mexico
Rest of Latin America (RoLATAM)
Middle East & Africa
Israel
UAE
Rest of Middle East & Africa (RoMEA)

Product Code: MRICT - 104857

1. Market Definition & Scope

1.1 Market Definition
1.2 Scope of the Study
1.3 Market Ecosystem
1.4 Currency & Limitations
- 1.4.1 Currency
- 1.4.2 Limitations
1.5 Key Stakeholders

2. Research Methodology

2.1 Research Approach
2.2 Data Collection and Validation Process
- 2.2.1 Primary Research / Interviews with Key Opinion Leaders from the Industry
- 2.2.2 Secondary Research
2.3 Market Sizing and Forecast Approach
- 2.3.1 Market Size Estimation Approach
  - 2.3.1.1 Bottom-up Approach
  - 2.3.1.2 Top-down Approach
  - 2.3.1.3 Growth Forecast Approach
- 2.3.2 Market Share Analysis
2.4 Assumption for the Study
2.5 Limitations for the Study

3. Executive Summary

3.1 Market Overview
3.2 Market Analysis, by Platform
3.3 Market Analysis, by Model
3.4 Market Analysis, by Genre
3.5 Market Analysis, by Geography
3.6 Competitive Analysis

4. Market Insights

4.1 Overview
4.2 Factors Affecting Market Growth
- 4.2.1 Drivers
  - 4.2.1.1 Proliferation of Player-driven Economies
  - 4.2.1.2 Increasing Need for Secured and Transparent Gaming Environments for Players
  - 4.2.1.3 Growing Investments and Funding in Blockchain Gaming
- 4.2.2 Restraints
  - 4.2.2.1 Complex Standards & Regulations for Blockchain Gaming
- 4.2.3 Opportunities
  - 4.2.3.1 Cross-game Interoperability in Multiple Games or Platforms
  - 4.2.3.2 Non-fungible Tokens (NFTs) and Play-to-earn Model Trends
- 4.2.4 Challenges
  - 4.2.4.1 Cybersecurity & Data Privacy Issues
- 4.2.5 Trends
  - 4.2.5.1 Integration of Game Finance (GameFi) and Decentralized Finance (DeFi)
  - 4.2.5.2 Metaverse and Other Virtual Worlds
4.3 Case Studies
4.4 Value Chain Analysis

5. Blockchain Gaming Market, by Platform

5.1 Overview
5.2 Ethereum
5.3 Polygon
5.4 Binance Smart Chain (BSC)
5.5 Cardano
5.6 Flow
5.7 Solana
5.8 Electro-Optical System (EOS)
5.9 Other Platforms

6. Blockchain Gaming Market, by Model

6.1 Overview
6.2 Free-to-play (F2P)
6.3 Pay-to-Play (P2P)
6.4 Play-to-Earn (P2E)
6.5 Other Models

7. Blockchain Gaming Market, by Genre

7.1 Overview
7.2 Action/Adventure
7.3 Sandbox
7.4 Simulation and Sports
7.5 Role-playing
7.6 Player VS. Player
7.7 Multiplayer Online Battle Arena
7.8 Real-time Strategy
7.9 Shooters
7.10 Racing
7.11 Puzzlers and Party Games
7.12 Survival Horror
7.13 Other Genres

8. Blockchain Gaming Market, by Geography

8.1 Overview
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 Germany
- 8.3.2 U.K.
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Netherlands
- 8.3.7 Denmark
- 8.3.8 Austria
- 8.3.9 Switzerland
- 8.3.10 Rest of Europe (RoE)
8.4 Asia-Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 South Korea
- 8.4.5 Singapore
- 8.4.6 Australia & New Zealand
- 8.4.7 Malaysia
- 8.4.8 Rest of Asia-Pacific (RoAPAC)
8.5 Latin America
- 8.5.1 Mexico
- 8.5.2 Brazil
- 8.5.3 Rest of Latin America (RoLATAM)
8.6 Middle East and Africa
- 8.6.1 Israel
- 8.6.2 UAE
- 8.6.3 Rest of Middle East & Africa (RoMEA)

9. Blockchain Gaming Market - Competitive Landscape

9.1 Introduction
9.2 Key Growth Strategies
- 9.2.1 Market Differentiators
- 9.2.2 Synergy Analysis: Major Deals & Strategic Alliances
9.3 Competitive Dashboard
- 9.3.1 Industry Leader
- 9.3.2 Market Differentiators
- 9.3.3 Vanguards
- 9.3.4 Contemporary Stalwarts
9.4 Vendor Market Positioning
9.5 Market Share Analysis

10. Company Profiles (Company Overview, SWOT Analysis for the Top 5 Companies, Product Portfolio, and Recent Developments)

10.1 Sky Mavis
10.2 Enjin Pte. Ltd.
10.3 Immutable
10.4 Decentraland Foundation
10.5 Gala Games
10.6 Animoca Brands Corporation Limited
10.7 MyCryptoHeroes
10.8 Dapper Labs, Inc.
10.9 WAX (Worldwide Asset eXchange)
10.10 Forte Labs, Inc.
10.11 Lucid Sight
10.12 Chromia
10.13 Ultra
10.14 Mythical Games
10.15 Splinterlands
10.16 Wemade Co., Ltd
10.17 Dacoco Gmbh
10.18 Illuvium
10.19 Uplandme, Inc.
10.20 Sorare

11. Appendix

11.1 Available Customization
11.2 Related Reports