Music NFT Market Projected to Grow ~20% Annually to 2032
According to the Global Market Statistics, the Music NFT market is expected to grow from $128M in 2023 to $686.19M by 2032, with a 19.9% CAGR.
Despite the steady growth, key players' adoption of strategic initiatives is anticipated to boost the market significantly over the forecast period.
The Music NFT market caters to various stakeholders, including independent artists and record companies, offering products ranging from single songs to entire albums.

Music NFT Market Projected to Grow ~20% Annually to 2032
According to the Global Market Statistics, the Music NFT market is expected to grow from $128M in 2023 to $686.19M by 2032, with a 19.9% CAGR.
Despite the steady growth, key players' adoption of strategic initiatives is anticipated to boost the market significantly over the forecast period.
The Music NFT market caters to various stakeholders, including independent artists and record companies, offering products ranging from single songs to entire albums.

https://www.globalmarketstatistics.com/market-reports/music-nft-market-11317