![]() "During 2021, the market for NFT Collectibles grew to $7.29 billion, and will witness 202% growth in 2022ĭigital media is flooded with non-fungible tokens or NFTs. Almost every major sports league has an exclusive trading card contract with manufacturers. Numerous sports leagues hold competitions continuously and issue trading cards. In the field of sports trading cards, significant technological advances have led to strong growth in the global sports memorabilia market. ![]() Sports memorabilia is auctioned by around 100 auction houses. Soccer and basketball were the top sports cards sold on eBay in 2020, following 142% growth in domestic sales of sports trading cards. Sports trading cards are typically sold online. The trading of sports memorabilia has grown into a billion-dollar industry. "Sports collectibles hold a market size of $4.14 Billion and are expected to grow at a rate of 9.7 % between 20." Traditional collectibles have also become increasingly popular." Due to the demand for non-fungible tokens generated by online investors and collectors, digital collectibles prices have risen. Sales of collectibles have increased dramatically since smartphones and other mobile devices became widely available. In emerging nations, where consumer income is increasing, and e-commerce is continuing to grow antiques and collectibles are expected to grow. "The steady growth of online collectible sales is unquestionably a result of the popularity of collecting rare collectibles in emerging and developed regions. Fastest growing sectors include sports memorabilia, NFT, and Toy Collectibles.ĭownload Report Sample (250 Pages PDF with Insights) at: ![]() ![]() PUNE, India, Ma/PRNewswire/ - Market Decipher has published its latest report, " Collectibles Market and NFT Market Size, Statistics, Growth Trend Analysis and Forecast Report, 2022 - 2032" estimating the global collectibles market at $412 billion in 2021 (actual value), and forecasting to reach $692.4 billion by 2032. ![]()
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