Blockchain In Gaming Market: The Role of Decentralized Platforms in Game Development

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The global blockchain in gaming market was valued at approximately USD 13.0 billion in 2024 and is projected to reach USD 301.53 billion by 2030, reflecting a remarkable compound annual growth rate (CAGR) of 69.4% from 2025 to 2030. This growth can be attributed to the demand for a secure, transparent, and decentralized gaming ecosystem.


Blockchain technology functions as a decentralized and distributed digital ledger, enabling secure transactions and accurate record-keeping. It has transformed the gaming experience for both businesses and players, allowing for the use of cryptocurrencies and Non-fungible Tokens (NFTs) to purchase in-game assets. For example, Axie Infinity is a popular NFT-based game with millions of players globally who use Ethereum-based cryptocurrencies for transactions. Blockchain technology enhances transparency in the gaming market by providing a public ledger for all transactions, enabling players to track ownership and transfer of in-game assets while ensuring fairness and transparency. This empowers players to own their game assets and conduct secure transactions without needing intermediaries.


In recent years, the blockchain gaming industry has experienced a surge in investments and funding. This growth is fueled by the increasing popularity of blockchain technology, a rising demand for decentralized games and assets, and the potential for unique gaming experiences and monetization opportunities. The influx of venture capital and institutional investment into blockchain gaming signals market maturity and long-term confidence. Major gaming studios and tech companies are actively investing in or launching blockchain-based games, while Web3-native gaming startups are securing multi-million-dollar funding rounds, further propelling market growth.

 

Key Market Trends & Insights


• The North America blockchain in gaming market is projected to grow at a moderate CAGR during the forecast period. This growth is driven by key industry players such as Splinterlands, Uplandme, Inc., Mythical Inc., and ROKO GAME STUDIOS, along with a large tech-savvy population in the region.
• In 2024, the U.S. held a dominant position in the blockchain in gaming market, thanks to its mature tech ecosystem, a strong presence of gaming studios, and robust venture capital activity. American companies like Mythical Games and Gala Games are at the forefront, pioneering innovative blockchain titles and platforms.
• By game type, the role-playing game segment captured the largest share at 37.1% in 2024. This growth is attributed to the immersive and engaging gameplay these games offer. Role-playing games are recognized for their deep storylines, character development, and open-world environments, which provide players with a sense of agency and control over their gaming experience.
• In terms of platform, the ETH segment dominated the market in 2024, largely due to its smart contract functionality that enables developers to create decentralized applications (dApps), including blockchain-based games.
• By device, the web segment led the market in 2024. Its growth can be linked to its accessible and user-friendly gaming experience. Players can easily engage with web-based games through their browsers without the need to download or install software, simplifying the entry into blockchain gaming by eliminating complex technical requirements.

 

Order a free sample PDF of the Blockchain In Gaming Market Intelligence Study, published by Grand View Research.

 

Market Size & Forecast


• 2024 Market Size: USD 13.0 Billion
• 2030 Projected Market Size: USD 301.53 Billion
• CAGR (2025-2030): 69.4%
• Asia Pacific: Largest market in 2024

 

Key Companies & Market Share Insights


Key players in the blockchain in gaming industry include Animoca Brands Corporation Limited, Sky Mavis, and Dapper Labs, Inc., among others. These blockchain-based game developers are increasingly creating games that can interact with one another, enabling players to use assets from one game in another, thereby establishing a connected and dynamic gaming ecosystem. This interconnected environment allows players to transition seamlessly between different games and experiences. Additionally, with the rise of Non-fungible Tokens (NFTs), many blockchain game developers are launching their own NFT marketplaces, where players can buy, sell, and trade in-game assets. This creates a secondary market for players to monetize their in-game items and offers a new revenue stream for blockchain-based game developers.


Animoca Brands, based in Hong Kong, is a leading name in blockchain gaming and digital entertainment. The company boasts an extensive international presence with offices and subsidiaries in countries including the U.S., Canada, Germany, France, South Korea, Australia, Argentina, and the Czech Republic. Renowned for its innovative approach to Web3 and digital property rights, Animoca Brands has developed and invested in a diverse array of blockchain projects and games. Notable products include The Sandbox, Moca Network, Anichess, Open Campus, HeyAni, GAMEE, WATBird, TinyTap, Phantom Galaxies, and Crazy Defense Heroes.


Sky Mavis, a technology company based in Singapore, specializes in decentralized applications and services, particularly within the blockchain and gaming sectors. The company is best known for developing Axie Infinity, a blockchain-based game that allows players to own their digital assets and earn rewards.

 

Key Players


• Dapper Labs, Inc.
• Sky Mavis
• Splinterlands
• Animoca Brands Corporation Limited
• Immutable
• Uplandme, Inc.
• Illuvium
• Mythical Inc.
• ROKO GAME STUDIOS
• Autonomous Worlds Ltd.

 

Conclusion


The blockchain in gaming market is set for extraordinary growth, driven by the need for secure and transparent gaming ecosystems, the adoption of cryptocurrencies and NFTs, and substantial investment inflows. As the industry matures, the integration of blockchain technology is expected to offer innovative gaming experiences and new monetization pathways, positioning it as a key player in the future of the gaming landscape. 

 

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.

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