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LOS ANGELES , May 13, 2022 /PRNewswire/ -- In a recently released report, the global web3 / NFT market size is expected to grow from USD 3.0 billion in 2022 to USD 13.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 35.0% from 2022 to 2027. One of the important factors behind the exponential increase in demand for NFTs is that NFTs have extended their horizon from music, videos, and sports to other streams, such as Metaverse and play-to-earn gaming.
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