Crypto Stamp Market Scope
Crypto stamp is also known as an NFT stamp is a physical postage stamp with a matching digital copy that contains an NFC chip and is connected to the Ethereum blockchain. Increasing crypto enthusiasts and interest in NFT stamps among digital art collectors and traditional stamp collectors will create significant opportunities for the market. The growing popularity of NFT metaverse and play-to-earn NFT projects among the global NFT collecting community will accelerate the growth.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Largest Market | Europe |
Unit | Value (USD Million) |
Key Companies Profiled | Swiss Post (Switzerland), Osterreichische Post (Austria), Hrvatska Pošta (Croatia), Emirates Post Group (United Arab Emirates), Binance NFT (United Kingdom) and CaseMail (United States) |
CAGR | 20.18% |
"According to AMA, the Global Crypto Stamp market is expected to see growth rate of 20.18% and may see market size of USD26.27 Million by 2027."The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
Swiss Post (Switzerland), Osterreichische Post (Austria), Hrvatska Pošta (Croatia), Emirates Post Group (United Arab Emirates), Binance NFT (United Kingdom) and CaseMail (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Crypto Stamp market by Type and Region with country level break-up. On the basis of Type, Crypto Stamp 1.0 are dominating the market in the year 2021 where as Crypto Stamp 2.0 stood as second largest market share.
On the basis of application, Stamp Collectors segment is dominating the market in the year 2021 where as Traders & Investors segment stood as second largest market.
On the basis of geography, the market of Crypto Stamp has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2021.
Market Leaders and their expansionary development strategies
In 2021, UN Stamps launched the Ethereum-based UN Crypto Stamp. Each stamp bears a unique secret code hidden behind a scratch-off area. The secret code enables its owner to activate exactly one counterpart of that stamp on the blockchain as a digital collectible., and In 2021, Emirates Post Group unveil the region's first NFT stamp. These innovative NFT stamps will have a digital twin in the blockchain and will be sold as digital collectibles linked to their physical stamp counterpart.
In 2021, Swiss Post launched Switzerland’s first crypto stamp that consists of two parts. The stamp is stored in the Ethereum blockchain and can be collected, traded, and exchanged online. The Launch of crypto stamp will enable Swiss Post to bridge the gap between the physical world of stamps and the digital crypto-universe.
Crypto Stamp Market Dynamics:
Attributes | Details |
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Trends Influencing Market | - Emerging Trend of NFT Philately and Art Metaverse Worldwide
- Growing Adoption of Digital Currencies will have Profound Impact on the Market
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Key Restraints | - Lack of Awareness and Understanding about Crypto/NFT among People
- Regulatory Acceptability is Most Difficult Obstacle for Crypto Stamp Market
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Challenges | - Increasing NFT Scams and Growing Security Concerns
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Market Opportunities | - Growing Popularity of Crypto-Philately among the Traditional Stamp Collectors
- Significant Growth Opportunities In Emerging and Developed Economies
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Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Crypto Stamp Providers, NFT Collectable Marketplace Providers, Venture Capitalists and Private Equity Firms, Government Bodies and Research Organizations, End-Users and Others