The Web3 gaming market is expected to grow significantly over the next 10 years, with a strong emphasis on the increasing adoption of blockchain technology, rising interest in decentralized gaming platforms, and the growing popularity of play-to-earn (P2E) models. We have real ownership of our in-game assets and also take part with blockchain elements like non-fungible tokens (NFTs) and cryptocurrencies.
This shift in paradigm not only improves player experience but also potentially provides new revenue streams and community-led game development opportunities. Moreover, the evolution of the Web3 gaming landscape is further being driven by new developments in decentralized finance (DeFi) and the integration of artificial intelligence (AI).
The market is anticipated to experience a compound annual growth rate of nearly 18.5% and assemble revenues of about USD 184,058.1 Million by 2035 from USD 33,711 Million in 2025.
Key Market Metrics
| Metric | Value |
|---|---|
| Market Size in 2025 | USD 33,711 Million |
| Projected Market Size in 2035 | USD 184,058.1 Million |
| CAGR (2025 to 2035 ) | 18.5% |
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North America remains a major player in the Web3 gaming market, owing to strong tech infrastructure, and concentration of the blockchain and gaming companies. Additionally, this region is known for having a tech-savvy gaming population and attracts considerable investments in the form of venture capital, rising the market here.
Some of the biggest tech hubs, like Silicon Valley, as well as major cities, such as New York and Los Angeles, are home to many startups and established companies that are innovating in the Web3 gaming landscape. Moreover, it also drives the players with high disposable incomes in the region, leading to more spending on new gaming experiences such as Web3 games.
The Web3 gaming market in Europe is on a steady growth trajectory, bolstered by a well-established gaming industry and accelerated adoption of blockchain technology. Germany, France, the UK, etc., lead the way, and game studios exist alongside a thriving ecosystem of game development talent.
The region's focus on innovation and sustainable gaming applications is contributing to the adoption of Web3 gaming solutions. Europe's regulatory frameworks and initiatives that facilitate digital economies are also creating a favorable environment for the emergence of Web3 games.
Web3 gaming grants access to a range of physical and real estate in the gaming market, from 2025 to 2035 of which Asia Pacific is anticipated to be the fastest regional economy in2Web3 gaming market paper due to further urbanization, more internet usage as well as the growing number of gamers.
Mobile gaming and esports are already popular trends in places like China, Japan and South Korea. Demand is driven by the region's expanding middle class and increasing interest in blockchain-based gaming experiences. This expansion is also fueled by the integration of Web3 components in trending gaming genres and the emergence of regional blockchain platforms.
Scalability, Regulation, and User Onboarding Complexity
With scalability concerns in the blockchain base, the Web3 gaming market is plagued with problems such as network congestion, high gas expenses, and slow transaction speeds on the Ethereum ecosystem. A second roadblock is the absence of clear regulatory guidance for crypto-assets and the monetization of videogame tokens at a global level, resulting in compliance challenges for both developers and investors.
Moreover, user onboarding is still a complex process, where the average gamer has no idea what creating a wallet, seed phrases or securing an NFT means. These issues make it difficult for Web3 games to see mass adoption beyond crypto-native fans.
Player Ownership, Interoperable Economies, and Decentralized Development Models
The Web3 gaming market is growing at a rapid pace, despite significant hurdles, because of its unique value proposition: true digital asset ownership, play-to-earn incentives, and community-driven governance. Web3 games can use blockchain technology for players to own, trade, and monetize in-game assets such as non-fungible tokens (NFTs) and tokens; creating cross-game and cross-platform economies.
Projects focused on building layer-2 scaling solutions, including gasless transactions and cross-chain NFT compatibility, are emerging to enable ease-of-access to on-chain growth and gameplay.
Web3 gaming is also creating creator economies, where players and modders can be rewarded for creating elements for games or voting on updates through decentralized autonomous organizations (DAOs). Integration with AI-generated content, metaverse ecosystems, and real-world token utility will extend beyond gaming as entertainment to create an investable, participative digital economy.
The Web3 gaming market grew from early token-based games (such as Axie Infinity) in 2020 to more sophisticated hybrid models merging traditional game mechanics and blockchain-based ownership by 2025. VC funding came in droves, but a bottleneck was scalability and the quality-of-gameplay. In addition, volatile crypto markets and rug pulls tarnished player trust across multiple projects.
The 2025 to 2035 era will bring demand for AAA-quality blockchain games, zero-gas wallets and one-click Web2-to-Web3 onboarding technologies. Imagine games where developers are incentivized to embrace all-player eincentives, rather than depend on vaporous speculative hype.
Modular blockchains coupled with AI asset generation, combined with real-time NFT interactivity will create the next generation of immersive gaming. Funding esports-ready Web3 platforms and tokenized gaming IPs by institutional investors and global brands will legitimize this sector even further.
Market Shifts: A Comparative Analysis 2020 to 2024 vs. 2025 to 2035
| Market Shift | 2020 to 2024 Trends |
|---|---|
| Regulatory Landscape | Unclear crypto rules and lack of NFT classification |
| Consumer Trends | Interest in play-to-earn (P2E) games and NFT ownership |
| Industry Adoption | Driven by crypto-native developers and indie studios |
| Supply Chain and Sourcing | Based on in-game tokenomics and community-funded models |
| Market Competition | Fragmented with many P2E clones |
| Market Growth Drivers | Fueled by NFT speculation and early adopter hype |
| Sustainability and Environmental Impact | Criticized for energy-intensive blockchain use |
| Integration of Smart Technologies | Basic wallet-game connectivity and NFT trading |
| Advancements in Monetization Models | P2E and farming-driven economies |
| Market Shift | 2025 to 2035 Projections |
|---|---|
| Regulatory Landscape | Introduction of crypto gaming standards, KYC-integrated platforms, and token compliance protocols |
| Consumer Trends | Shift toward skill-based, player-owned economies and interoperable assets |
| Industry Adoption | Expansion into AAA studios, traditional publishers, and metaverse platforms |
| Supply Chain and Sourcing | Growth of on-chain royalties, DAO governance, and AI-generated game content |
| Market Competition | Consolidation around trusted ecosystems, L2 gaming chains, and universal asset wallets |
| Market Growth Drivers | Accelerated by interoperability, user-friendly design, and cross-platform identity |
| Sustainability and Environmental Impact | Shift to green blockchains, carbon-offset token standards, and low-emission gaming chains |
| Integration of Smart Technologies | Full integration of AI, AR/VR, real-time token logic, and cross-game economies |
| Advancements in Monetization Models | Rise of skill-to-earn, engage-to-earn, and creator-led value models |
USA-based VC-funded companies are leading the charge in Web3 gaming alongside blockchain gaming guilds and esports collaborations to drive user growth. Booming tech-savvy gaming population and investments in NFT infrastructure/metaverse integration/AI-driven game development so market friendly This is furthered by a continued regulatory approach to digital assets, which has driven mainstream adoption.
| Country | CAGR (2025 to 2035) |
|---|---|
| USA | 18.7% |
In the UK, experimental tokenomics, digital IP licensing, and community co-creation are propelling the gaming industry toward Web3. Meanwhile, government consultations around crypto regulation and surging developer interest in decentralized monetization models are setting the stage for widespread adoption across indie studios and esports networks.
| Country | CAGR (2025 to 2035) |
|---|---|
| UK | 18.3% |
EU market is defined by both a robust creative gaming ecosystem alongside regulatory clarity (for example, around MiCA, or Markets in Crypto-Assets). We are seeing countries like France, Germany, and the Netherlands blaring the trumpets for NFT-based digital ownership rights and DAOs in game governance and funding public-private partnerships in Web3 gaming innovation.
| Region | CAGR (2025 to 2035) |
|---|---|
| EU | 18.5% |
Web3 gaming is burgeoning in Japan, with numerous big-name gaming publishers investigating tokenization of in-game assets, NFTs based on their anime IPs, and sharing assets between games. A conducive regulatory environment for blockchain-based economic systems and an enthusiastic local consumer base for digital collectibles are propelling new game development pipelines.
| Country | CAGR (2025 to 2035) |
|---|---|
| Japan | 18.6% |
South Korea clinches one of the top three positions in the world in terms of Web3 gaming, supported by one of the most active crypto-proficient gamers on the planet, cutting-edge internet infrastructure, and proactive protocols surrounding blockchain technology. Blockchainaided MMOs, PvP games, and NFT ecosystems from major publishers are driving domestic and global growth.
| Country | CAGR (2025 to 2035) |
|---|---|
| South Korea | 18.8% |
Web3 gaming market is growing as both players and developers adapt to cryptocurrency mechanics, play-to-earn models, and user-owned economies. Web3 games are based on blockchain technology and enabling tokenized assets, smart contract, and interoperable ecosystems.
Mobile platforms and Ethereum-based in-game purchases are prime examples of key drivers behind adoption, given their accessibility, scalability, and interoperability with decentralized finance (DeFi). Such segments enable global user bases, foster liquidity of virtual economies, and provide a metric for true digital ownership for the users.
Gamers want experiential and profitable journeys, and developers use Web3 architecture for transparency, creator royalties, and community governance. As a predominant smart contract blockchain, making up a base layer for game assets transactions, NFT minting, and staking, Ethereum continues to feature in-game assets.
Mobile platform gains traction due to user accessibility, on-the-go engagement, and rapid onboarding
| End-user Device | Market Share (2025) |
|---|---|
| Mobile | 62.9% |
The orientation towards mobile leads the Web3 gaming landscape because of the huge install base of mobile applications, smooth user onboarding, and users can be simply engaged through light blockchain clients. In emerging and developed markets alike, mobile games are the preferred platform for casual gamers due to their low barriers to entry in terms of hardware and their short-session play styles.
Mobile-first design is becoming a priority for developers, with digital wallets, NFT marketplaces, and token reward systems built directly into mobile apps. This transition allows for seamless integration into Web3 ecosystems as well as synchronized cross-platform experiences with Web, PC, and console experiences.
Free-to-play blockchain titles are becoming increasingly popular and wallet extensions such as MetaMask Mobile and integrated fiat onramps have also led to more accelerated adoption. Next, in-game mechanics like NFT drops, staking mini-games and community guilds all optimized for mobile UX.
Even as PC/laptop platforms unleash immersive, graphics-hogging behemoths in the nascent blockchain gaming landscape, mobile’s proximity to mainstream users, monetization power and accessibility guarantee its lead in market share across the greater Web3 gaming ecosystem.
Ethereum currency drives market use through smart contract flexibility, liquidity, and NFT ecosystem integration
| In-game Purchase Currency | Market Share (2025) |
|---|---|
| Ethereum | 66.4% |
Due to its first-mover advantage, established infrastructure, and deep entanglement with NFT ecosystems, Ethereum is still the default in-game purchase currency across the Web3 gaming landscape. Most top decentralized games, from metaverse platforms to collectible card battlers, utilize Ethereum-based tokens or Layer 2 counterparts for asset minting, trading, and rewards.
Smart contracts enable flexibility by allowing developers to customize gameplay logic, tokenomics, and DAO-based governance models in Ethereum’s ecosystem. Additionally, most NFT marketplaces and DeFi protocols are Ethereum-compatible which allows for easy liquidity, asset staking, and secondary market activity for in-game collectibles.
As more people flock to using USD-backed stablecoins for easier access and alignment with regulatory compliance, Ethereum is still the asset of choice for core blockchain operations given its programmability and broad support across wallets and apps.The emergence of Ethereum Layer 2 solutions (e.g., Arbitrum, Optimism) also enhances transaction speed and lowers gas fees, solidifying Ethereum as the go-to in-game currency in Web3 games.
The demand for rewarding games is growing across blockchain-native communities, metaverse ecosystems, and decentralized game development platforms in the web3 gaming market out there. The movement for player ownership, interoperable crypto assets, and token-for-gain systems of reward continues to push innovation in play-to-earn (P2E), move-to-earn (M2E), and user-generated economy (UGE) models.
They are not just information, specialized to L2 scalability, NFT backed in-game assets, DAO-based governance frameworks. Accountability, cross-platform accessibility, and sustainable economics are still important pillars around which blockchain game studios, infrastructure services, and digital asset platforms are being built.
Market Share Analysis by Key Players & Web3 Gaming Providers
| Company Name | Estimated Market Share (%) |
|---|---|
| Animoca Brands | 14-18% |
| Sky Mavis (Axie Infinity) | 12-16% |
| Immutable | 10-14% |
| Mythical Games | 8-12% |
| Gala Games | 6-9% |
| Other Web3 Gaming Providers | 30-40% |
| Company Name | Key Offerings/Activities |
|---|---|
| Animoca Brands | In 2024, launched Mocaverse as a cross-game identity layer across its portfolio; in 2025, introduced token-bound avatars integrated with partner metaverses and staking mechanics. |
| Sky Mavis (Axie Infinity) | Upgraded the Ronin sidechain in 2024 to support non-Axie games and external developers; in 2025, launched a new creator toolkit for interoperable NFTs and guild infrastructure. |
| Immutable | Released Immutable zkEVM in 2024 for scalable game deployment; in 2025, partnered with major publishers to onboard AAA titles to its Layer 2 blockchain. |
| Mythical Games | Debuted NFL Rivals on iOS and Android in 2024 with seamless wallet integration; in 2025, launched Mythos Chain upgrades for gasless in-game transactions and marketplace royalties. |
| Gala Games | Rolled out VOXverse alpha in 2024 and launched cross-IP integrations across TownStar and Spider Tanks; in 2025, introduced GalaChain’s governance dashboard and staking-as-a-service tools. |
Key Market Insights
Animoca Brands (14-18%)
Animoca remains the most diversified player in Web3 gaming. Its 2024 to 2025 emphasis on cross-game digital identity and interoperable avatars strengthens its infrastructure-first approach to the metaverse economy.
Sky Mavis (Axie Infinity) (12-16%)
Sky Mavis is evolving beyond Axie Infinity into a full-fledged Layer 1 gamechain. With 2025’s NFT tooling and guild systems, it aims to enable next-gen community-led economies.
Immutable (10-14%)
Immutable leads in high-performance blockchain gaming. The launch of zkEVM and 2025’s onboarding of mainstream titles reflects its commitment to developer scalability and player UX.
Mythical Games (8-12%)
Mythical bridges mobile-native gameplay with Web3 mechanics. Its 2025 chain upgrades and branded IP partnerships support adoption among casual gamers and sports fans alike.
Gala Games (6-9%)
Gala is scaling its multi-IP gaming ecosystem with creator tools and governance modules. Its 2025 staking and infrastructure innovations position GalaChain as a community-centric gaming hub.
Other Key Players (30-40% Combined)
A wave of new studios, infrastructure platforms, and DAO ecosystems are expanding the reach of Web3 gaming through cross-chain mechanics and player-owned economies. These include:
The overall market size for the web3 gaming market was USD 33,711 Million in 2025.
The web3 gaming market is expected to reach USD 184,058.1 Million in 2035.
The demand for web3 gaming is rising due to increasing adoption of blockchain technology, growing interest in play-to-earn models, and expanding user engagement through decentralized platforms. The rise of mobile gaming and Ethereum-based in-game purchases is further fueling market growth.
The top 5 countries driving the development of the web3 gaming market are the USA, South Korea, Japan, China, and Germany.
Mobile platforms and Ethereum-based purchases are expected to command a significant share over the assessment period.
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