According to the report, the NFT industry in the United Arab Emirates is expected to grow at an annual rate of 45.5%, reaching $982.1 million by 2022. The NFT industry is expected to grow steadily during the forecast period, with a CAGR of 32.1% during 2022-2028.
The value of NFT spending in the country will increase from $982.1 million in 2022 to $4,746.3 million in 2028. Additionally, Singapore’s NFT industry is expected to grow at an annual rate of 51.2% to reach $1,879.3 million by 2022.
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The NFT industry is expected to grow steadily during the forecast period, with a CAGR of 36.9% during 2022-2028. The value of NFT spending in the country will increase from $1,879.3 million in 2022 to $11,180.2 million in 2028.
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