Global NFT in Ticketing Market Size

Brooklyn, New York, Sept. 13, 2023 (GLOBE NEWSWIRE) — According to a new market research report published by Global Market Estimates, the global NFT in ticketing market is expected to grow at a CAGR of 14.5% from 2023 to 2028.

NFTs (Non-Fungible Tokens) in the ticketing market are driven by the need for enhanced ticket authentication and security. They offer unique digital ownership of event tickets, reducing counterfeiting and fraud. Additionally, NFTs provide opportunities for artists, event organizers, and fans to engage in secondary market transactions, revenue sharing, and fan experiences, creating new revenue streams and fostering fan loyalty in the entertainment and sports ticketing industries.

Key Market Trends

• Digital Collectibles and Memorabilia: NFTs were increasingly used to represent digital collectibles related to events, such as unique concert posters, virtual…