Immutable

Fortune

Read

<div class="cryptonews">
 <p class="is-style-lead">The global <a rel="noopener noreferrer nofollow" title="blockchain" href="https://thebittimes.com/tag/blockchain.html">blockchain</a> <a rel="noopener noreferrer nofollow" title="gaming" href="https://thebittimes.com/tag/gaming.html">gaming</a> <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> is expected to surge to $614 billion by 2030, driven by regional growth and evolving game types.</p>
 <p>This forecast, detailed in a comprehensive analysis by Fortune Business Insights, reflects a compound annual growth rate of 21.8%. The report’s examination of sales data from 2017 to 2021 underscores this trend, predicting an absolute growth rate over the six-year period of nearly 299%.</p>
 <figure class="wp-block-image size-full"><img decoding="async" width="831" height="362" src="https://cdn.thebittimes.com/images/2023/12/12/81c77c111a615edf03595343dddaccc6.webp" alt="North American blockchain gaming market set to reach $600b by 2030 - 1" class="wp-image-14226207">
 </figure>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> SEGA, Double Jump Tokyo execs see future in blockchain gaming
 </div>
 <p>North America is at the forefront of this expansion, having contributed over $30 billion in 2022, which is approximately 24% of the total according to the report. The dominance is not expected to wane, with the region predicted to continue leading in blockchain game item purchases.</p>
 <p>Role-playing games (RPGs) are identified as the fastest-growing category in the blockchain gaming market. The report highlights their appeal, as special characters, themes, additional weapons, accessories, and other features make RPGs particularly suitable for blockchain integration. In 2022, RPGs represented over 33% of the market.</p>
 <p>Currently, web-based games dominate the blockchain gaming landscape, but the report notes a significant shift towards Android-based games. This trend suggests a diversification in the platforms preferred by players.</p>
 <p>To enhance user experience, companies like Immutable are innovating; on Dec. 11, the company added Transak to facilitate purchases. However, as per a recent CoinGecko study, over 75% of <a rel="noopener noreferrer nofollow" title="blockchain" href="https://thebittimes.com/tag/blockchain.html">blockchain</a> games launched between 2018 and 2023 have failed, signaling the volatility and risk inherent in this nascent <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a>.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Venture capitalist: blockchain is not ready for mainstream gaming
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/north-american-blockchain-gaming-market-set-to-reach-600b-by-2030-tbt73353.html">https://thebittimes.com/north-american-blockchain-gaming-market-set-to-reach-600b-by-2030-tbt73353.html</a></p>

North American blockchain gaming market set to reach $600b by 2030

TheBitTimes

Other articles published on Dec 11, 2023

Crypto Analyst TechDev Claims Bitcoin Mirrors Amazon’s Past Price Performance

Bitcoin and Altcoins Experience Significant Bloodshed: What’s the Reason Behind This Drop? Will T...

Financial News Website Accused of AI-Generated Copycat Content

ChatGPT Models Surpass Human Benchmark in Neurology Exams

Most Liked Egg vs Bitcoin and Ethereum: A New Dawn in Crypto Investments

US Fed Rate Cuts To Start After Bitcoin Halving In Q3: Goldman Sachs

Join our free newsletter for daily crypto updates!