How big is the NFT Gaming Market | Size, Forecast & Key Players 2025

Code: MTA8425 Publication Date: Sep 2025

What is the size of NFT Gaming Market?

According to 6Wresearch internal database and industry insights, the Global NFT Gaming Market was valued at USD 2.1 Billion in 2024 and is expected to reach USD 5.5 Billion by 2031, growing at a compound annual growth rate of 11.80% during the forecast period (2025-2031).

The market is increasingly becoming larger as digital ownership, blockchain adoption, and play-to-earn models enhance user interaction and involvement, resulting to game developer enthusiasm, growing decentralized economies, and innovative monetization models, changing how players interact with, earn from, and value playing. 

Growth Factors for NFT Gaming Industry

  • Growing interest in asset ownership and digital collectibles from gamers.
  • Increasingly active play-to-earn gaming formats, incentivizing user participation.
  • Game developers using blockchain technologies for transparency and validating transactions.
  • Investments inflowing into NFT gaming platforms and startups.
  • Cross-platform accessibility increasing user base and active user retention rates.

NFT Gaming Market Trends

The NFT Gaming Market trends indicate a shift toward decentralized gaming economies where players earn, trade, and monetize in-game assets securely. The incorporation of NFTs into storylines, avatars, and characters will change how players feel value in gaming worlds.

A new phenomenon is developing where traditional AAA game mechanics meet NFT-based mechanics, and where projects that have an NFT component are collaborating with video game developers. Additionally, the existence of game communities, governed by DAOs with token-based governance is becoming more commonplace across market segments of NFT gaming.

Emerging Developments in the NFT Gaming Market

The NFT Gaming Market is witnessing developments in interoperable gaming assets, allowing players to use NFTs across different games or platforms. Layer-2 blockchain adoption is enhancing scalability and promoting faster, low-cost transactions within gaming ecosystems.

Staking models and limited-edition NFT releases have been on the rise, while new marketplaces focused specifically on NFT game items are being introduced, allowing for additional liquidity and easier trading.

List of Leading Companies in the NFT Gaming Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Axie Infinity

Company NameAxie Infinity
Established Year2018
HeadquartersHo Chi Minh City, Vietnam
Official WebsiteClick Here

Axie Infinity is a P2E game where players collect, breed, and battle digital pets, all represented as NFTs.

2. Immutable

Company NameImmutable
Established Year2018
HeadquartersSydney, Australia
Official WebsiteClick Here

Immutable powers NFT-based games with its layer-2 solution and developed the popular trading card game Gods Unchained.

3. The Sandbox

Company NameThe Sandbox
Established Year2012
HeadquartersHong Kong
Official WebsiteClick Here

The Sandbox is a virtual metaverse where users build, own, and monetize gaming experiences using NFTs and SAND tokens.

4. Gala Games

Company NameGala Games
Established Year2019
HeadquartersNevada, United States
Official WebsiteClick Here

Gala Games enables players to control their in-game assets and ecosystems through blockchain and NFTs.

5. Decentraland

Company NameDecentraland
Established Year2017
HeadquartersCayman Islands
Official WebsiteClick Here

Decentraland is a virtual reality platform offering NFT-based land ownership and gaming experiences.

6. Illuvium

Company NameIlluvium
Established Year2020
HeadquartersNew South Wales, Australia
Official WebsiteClick Here

Illuvium offers a visually immersive auto-battler game with NFT creatures and assets on the Ethereum blockchain.

7. Upland

Company NameUpland
Established Year2018
HeadquartersCalifornia, United States
Official WebsiteClick Here

Upland is a virtual property trading game where users buy and sell real-world mapped properties as NFTs.

8. My Neighbor Alice

Company NameMy Neighbor Alice
Established Year2021
HeadquartersStockholm, Sweden
Official WebsiteClick Here

My Neighbor Alice allows users to buy virtual islands, collect items, and interact through NFT-based gameplay.

9. Alien Worlds

Company NameAlien Worlds
Established Year2020
HeadquartersZug, Switzerland
Official WebsiteClick Here

Alien Worlds features a metaverse where players earn Trilium (TLM) and participate in NFT-based missions and mining.

10. Star Atlas

Company NameStar Atlas
Established Year2021
HeadquartersCayman Islands
Official WebsiteClick Here

Star Atlas is a space-themed NFT strategy game that integrates blockchain with immersive cinematic-quality experiences.

How big is the NFT Gaming Market : FAQ's

The NFT Gaming Market is projected to reach USD 5.5 Billion by 2031, growing significantly from its 2024 valuation.
Key trends include DAO governance, NFT interoperability across games, blockchain-based asset trading, and play-to-earn economics.
Key players include Axie Infinity, The Sandbox, Immutable, Gala Games, and Decentraland.
The NFT Gaming Market is very competitive space with existing gaming companies and new startups investing heavily into decentralized gaming ecosystems.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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