On December 26th, ResearchAndMarkets released a new study providing an analysis of the global blockchain gaming sector. According to this report, the blockchain gaming market was worth $4.6 billion in 2022. Moreover, the research shows that this industry will grow to $65.7 billion by 2027 registering a compound annual growth rate (CAGR) of 70.3% during this forecast period.
The report indicated that role-playing games will account for the highest market share during this period. This includes popular blockchain-based titles like Axie Infinity, Blankos Block Party, My Crypto Heroes, and more.
ResearchAndMarkets also revealed that BNB Chain games dominated the industry last year, making up 36.6% of the market. Moreover, the APAC (Asia-Pacific) region accounted for 45% of the global blockchain gaming industry in 2022.