Mexico NFT Market Intelligence Report 2022: Market is Expected to Grow by 46.3% to Reach $1.12 Billion in 2022 – Music Festivals are Using NFTs as Part of their Marketing Strategies – ResearchAndMarkets.com

Mexico NFT Market Intelligence Report 2022: Market is Expected to Grow by 46.3% to Reach $1.12 Billion in 2022 – Music Festivals are Using NFTs as Part of their Marketing Strategies – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Mexico NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added to ResearchAndMarkets.com’s offering.

NFT industry in Mexico is expected to grow by 46.3% on an annual basis to reach US$1123.7 million in 2022.

The NFT industry is expected to grow steadily over the forecast period, recording a CAGR of 33.4% during 2022-2028. The NFT Spend Value in the country will increase from US$1123.7 million in 2022 to reach US$5777.4 million by 2028.

The non-fungible token (NFT) market is still in its early stages of development in Mexico. However, the growing popularity of the digital asset and the widespread adoption among the crypto community has driven the industry’s growth over the last 12 months in the country. Several innovative NFT products have been launched over the last year, which has supported the market growth in Mexico.

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