×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

Brazil Gamefi Market

ID: MRFR/ICT/58429-HCR
200 Pages
Aarti Dhapte
October 2025

Brazil GameFi Market Research Report By Application (Android, Windows, iOS), By Types of NFTs (Accessories, Lands, Bundles, Runes, Weapons, Outfits, Others), By Model (Free-2-Play, Play-2-Earn) and By Game Type (NFT, Crypto)- Forecast to 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Brazil Gamefi Market Infographic
Purchase Options

Brazil Gamefi Market Summary

As per MRFR analysis, the Brazil gamefi market Size was estimated at 490.47 USD Million in 2024. The gamefi market is projected to grow from 630.25 USD Million in 2025 to 7737.9 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 28.5% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Brazil gamefi market is experiencing robust growth driven by innovative gaming models and increasing digital engagement.

  • The rise of play-to-earn models is reshaping the gaming landscape, attracting a diverse player base.
  • Mobile accessibility is expanding, making gamefi experiences more reachable for users across Brazil.
  • The regulatory framework is evolving, which may influence the operational dynamics of gamefi platforms.
  • Key market drivers include the growing interest in blockchain technology and the cultural shift towards digital entertainment.

Market Size & Forecast

2024 Market Size 490.47 (USD Million)
2035 Market Size 7737.9 (USD Million)
CAGR (2025 - 2035) 28.5%

Major Players

Animoca Brands (AU), Sky Mavis (VN), Dapper Labs (CA), Immutable (AU), Gala Games (US), Mythical Games (US), The Sandbox (FR), Yield Guild Games (PH)

Brazil Gamefi Market Trends

The gamefi market in Brazil is currently experiencing a dynamic evolution, characterized by a growing interest in blockchain technology and its integration into gaming. This sector appears to be attracting a diverse audience, ranging from traditional gamers to cryptocurrency enthusiasts. The rise of play-to-earn models has contributed to the market's expansion, as players seek new avenues for income generation through gaming. Furthermore, the increasing accessibility of mobile devices and internet connectivity in Brazil seems to facilitate the adoption of gamefi platforms, allowing a broader demographic to engage with these innovative gaming experiences. In addition, the regulatory landscape in Brazil is gradually adapting to accommodate the unique aspects of the gamefi market. Government initiatives aimed at fostering technological innovation may provide a supportive environment for developers and investors alike. As the market continues to mature, it is likely that partnerships between gaming companies and blockchain firms will become more prevalent, potentially leading to the development of new gaming ecosystems. Overall, the gamefi market in Brazil appears poised for substantial growth, driven by technological advancements and evolving consumer preferences.

Rise of Play-to-Earn Models

The emergence of play-to-earn models is reshaping the gamefi market, enabling players to earn rewards through gameplay. This trend is particularly appealing in Brazil, where many individuals seek alternative income sources. As more games adopt this model, the player base is expected to expand, fostering a vibrant community.

Increased Mobile Accessibility

With the proliferation of smartphones and improved internet access, the gamefi market is becoming more accessible to a wider audience in Brazil. This trend suggests that mobile gaming will play a crucial role in the growth of the sector, allowing users to engage with gamefi platforms anytime and anywhere.

Evolving Regulatory Framework

The regulatory environment surrounding the gamefi market in Brazil is evolving, with government initiatives aimed at supporting technological innovation. This shift may encourage investment and development within the sector, potentially leading to a more robust and sustainable market.

Brazil Gamefi Market Drivers

Rise of Competitive Gaming

The gamefi market in Brazil is increasingly influenced by the rise of competitive gaming, or esports. With a growing number of tournaments and leagues, the competitive gaming scene is drawing significant attention from both players and spectators. In 2025, the esports market in Brazil is projected to reach approximately $1.5 billion, reflecting a robust interest in competitive formats. This trend is likely to encourage the development of gamefi titles that incorporate competitive elements, thereby enhancing player engagement. As more gamers seek to participate in competitive environments, the gamefi market may see a corresponding increase in user acquisition and retention, fostering a vibrant ecosystem for both players and developers.

Investment in Game Development

The gamefi market in Brazil is witnessing a surge in investment aimed at game development. With the increasing popularity of gaming, venture capitalists and private investors are showing heightened interest in funding gamefi projects. In 2025, investments in the Brazilian gaming sector are projected to exceed $500 million, reflecting a robust commitment to innovation and growth. This influx of capital is likely to lead to the development of diverse gamefi titles that cater to various demographics. As new games enter the market, the competition will intensify, potentially driving quality improvements and enhancing the overall gaming experience. This trend indicates a promising trajectory for the gamefi market as it evolves to meet the demands of an expanding audience.

Expansion of Internet Infrastructure

The gamefi market in Brazil is benefiting from the ongoing expansion of internet infrastructure across the country. Improved connectivity, particularly in rural areas, is enabling more individuals to access online gaming platforms. As of November 2025, internet penetration in Brazil stands at around 80%, with a significant portion of new users engaging in gaming activities. This increased accessibility is likely to drive growth in the gamefi market, as more players can participate in online gaming experiences. Furthermore, the rise of 5G technology is expected to enhance the quality of online gaming, making it more appealing to a broader audience. This trend indicates a promising future for the gamefi market as it capitalizes on the growing user base.

Growing Interest in Blockchain Technology

The gamefi market in Brazil is experiencing a notable surge in interest surrounding blockchain technology. This interest is driven by the increasing awareness of decentralized finance (DeFi) and non-fungible tokens (NFTs), which are integral to many gamefi platforms. As of November 2025, approximately 35% of Brazilian gamers express a desire to engage with blockchain-based games, indicating a shift in consumer preferences. The integration of blockchain not only enhances transparency and security but also allows players to truly own their in-game assets. This trend suggests that as more players become familiar with blockchain, the gamefi market is likely to expand, attracting both gamers and developers eager to innovate within this space.

Cultural Shift Towards Digital Entertainment

In Brazil, there is a cultural shift towards digital entertainment, which is significantly impacting the gamefi market. As traditional forms of entertainment, such as television and cinema, face competition from digital platforms, more consumers are turning to gaming as a primary source of leisure. Recent surveys indicate that over 60% of Brazilian youth prefer gaming over other entertainment options. This cultural transition suggests that the gamefi market is poised for growth, as it aligns with the preferences of a digitally-savvy generation. Additionally, the integration of social features in gamefi platforms may further enhance user engagement, creating a dynamic environment for both players and developers.

Market Segment Insights

GameFi Market Application Insights

The Brazil GameFi Market is experiencing significant growth within the Application segment, which includes platforms such as Android, Windows, and iOS. This segment is crucial as it encompasses a wide array of gaming applications that cater to diverse user preferences, thereby contributing substantially to the overall Brazil GameFi Market revenue.

The increase in smartphone penetration in Brazil, alongside a rise in internet access and the popularity of mobile gaming, highlights the importance of Android in this segment, as it typically holds a majority of the market share among mobile platforms.With a growing youth demographic and a vibrant gaming culture, Brazil exhibits a dynamic landscape for gaming applications that thrive on both Android and iOS platforms. 

Windows also plays a significant role, offering a robust gaming experience for PC users who seek high-quality graphics and complex gameplay, particularly in the realm of blockchain-based games. The emergence of new gaming technologies, such as augmented reality and virtual reality, is further fueling market growth by enhancing user engagement and experience across these applications.Moreover, the increasing availability of affordable smartphones in Brazil is expected to drive the adoption of gaming applications, optimizing revenue-generating opportunities in both Android and iOS platforms. The Brazilian government encourages the development of digital technologies.

It has implemented policies that support the growth of the technology and gaming industry, providing an environment conducive to the flourishing of GameFi applications. 

This trend, coupled with a culture that embraces gaming as both entertainment and a social activity, suggests that the Application segment will continue to dominate the Brazil GameFi Market and evolve in response to innovative gaming experiences and user-driven demands.Furthermore, the interplay of localized content and global gaming trends highlights the unique opportunities that arise in the Brazilian gaming landscape, setting the stage for strategic developments that cater to a diverse user base interested in GameFi applications on various platforms.

GameFi Market Types of NFTs Insights

The Types of NFTs segment within the Brazil GameFi Market is rapidly gaining traction, driven by numerous factors reflecting the digital transformation in gaming and its interaction with blockchain technology. Accessories, such as in-game items, enhance player customization and engagement. At the same time, virtual Lands hold significant value, offering players the opportunity to build and develop their own spaces within the metaverse. Bundles often provide players with cost-effective access to multiple assets, promoting a more immersive experience.

Runes and Weapons are critical for competitive gameplay, allowing players to enhance their abilities and strategies, thereby increasing their chances of success in various games.Outfits, which are key to personal expression within the gaming world, significantly influence player identity and social interactions. 

The Others category captures niche assets that appeal to specific audiences, showcasing the diverse interests of players in Brazil. With the growth of the gaming community and the increasing acceptance of digital assets, the Brazil GameFi Market segmentation showcases a robust and evolving landscape for Types of NFTs, poised to play a pivotal role in the region's digital economy. This evolution reflects broader trends in the gaming industry and offers immense opportunities for both developers and players seeking to explore new forms of engagement and investment through digital collectibles and experiences.

GameFi Market Model Insights

The Brazil GameFi Market has been experiencing significant transformation, with the Model segment playing a pivotal role in its evolution. As the gaming landscape in Brazil continues to grow, the Free-2-Play and Play-2-Earn models have emerged as prominent structures catering to diverse gamers. Free-to-play attracts a large user base, enabling players to access games without any initial investment, which encourages user acquisition and community engagement.

This model also fosters monetization through in-game purchases, allowing developers to enhance player experience while generating revenue.On the other hand, the Play-2-Earn model taps into the growing interest of gamers in earning tangible rewards for their time and skills, reflecting a shift towards integrating financial incentives within gameplay. 

This has positioned Brazil as a notable player in the global GameFi ecosystem, with the potential to unlock lucrative opportunities for developers and players alike. Valued for its ability to create inclusive gaming environments, both models significantly impact the Brazil GameFi Market segmentation by appealing to a diverse demographic and reinforcing the country's burgeoning reputation as a hotspot for innovative gaming experiences.The dynamics between these models illustrate not only current trends but also the future avenues for growth within the Brazilian gaming industry.

GameFi Market Game Type Insights

The Brazil GameFi Market is an evolving landscape driven by innovative Game Type segments that harness the potential of NFTs and cryptocurrencies. NFTs have gained substantial traction, offering unique digital assets that enhance player engagement and ownership, thereby transforming the gaming experience. In Brazil, the rise in digital art and collectible gaming has significantly contributed to this trend, aligning with the growing interest in blockchain technology among gamers. Additionally, cryptocurrencies provide players with decentralized financial systems, increasing transaction efficiency within gaming ecosystems.

The ability to earn and trade assets seamlessly fosters a competitive environment, encouraging more players to join the market. Local initiatives supporting blockchain and gaming communities further bolster the significance of these Game Type segments. With a burgeoning interest in digital currencies and blockchain gaming, Brazil is positioned to see a dynamic shift in how gaming experiences are crafted and monetized, ensuring that NFTs and cryptocurrencies will continue to lead innovation in the GameFi sector.

Get more detailed insights about Brazil Gamefi Market

Key Players and Competitive Insights

The gamefi market in Brazil is currently characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing consumer engagement. Major players such as Animoca Brands (AU), Sky Mavis (VN), and Dapper Labs (CA) are at the forefront, each adopting distinct strategies to enhance their market presence. Animoca Brands (AU) focuses on innovation through the development of blockchain-based gaming ecosystems, while Sky Mavis (VN) emphasizes community-driven game development, leveraging its popular title, Axie Infinity, to foster user loyalty. Dapper Labs (CA) is strategically positioned through partnerships with major sports leagues, enhancing its appeal by integrating well-known brands into its gaming platforms. Collectively, these strategies contribute to a competitive environment that is increasingly collaborative yet fiercely competitive, as companies seek to capture the growing interest in gamefi among Brazilian consumers.

In terms of business tactics, companies are increasingly localizing their offerings to better resonate with Brazilian gamers. This includes optimizing supply chains to ensure timely delivery of digital assets and enhancing user experiences through localized content. The market structure appears moderately fragmented, with several key players vying for dominance while also collaborating on various initiatives. This fragmentation allows for a diverse range of gaming experiences, catering to different consumer preferences and driving overall market growth.

In October 2025, Animoca Brands (AU) announced a strategic partnership with a leading Brazilian esports organization to co-develop a new game that integrates local cultural elements. This move is significant as it not only enhances the company's local relevance but also taps into the burgeoning esports market in Brazil, potentially increasing user engagement and revenue streams. The collaboration is expected to leverage the esports organization's existing fan base, thereby accelerating market penetration.

In September 2025, Sky Mavis (VN) launched a localized version of Axie Infinity specifically tailored for Brazilian players, incorporating local languages and cultural references. This strategic localization is crucial as it aims to enhance user experience and retention, addressing the unique preferences of Brazilian gamers. By doing so, Sky Mavis (VN) positions itself to capture a larger share of the market, fostering a deeper connection with its audience.

In August 2025, Dapper Labs (CA) expanded its partnerships with Brazilian sports teams to introduce exclusive in-game content linked to local sporting events. This strategic initiative not only diversifies Dapper Labs' offerings but also aligns with the growing trend of integrating real-world events into gaming experiences. Such collaborations are likely to enhance brand visibility and attract a broader audience, further solidifying Dapper Labs' position in the competitive landscape.

As of November 2025, current trends in the gamefi market indicate a strong emphasis on digitalization, sustainability, and the integration of AI technologies. Companies are increasingly forming strategic alliances to enhance their technological capabilities and market reach. The competitive differentiation is shifting from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This evolution suggests that future success in the gamefi market will hinge on the ability to adapt to changing consumer preferences and leverage emerging technologies.

Key Companies in the Brazil Gamefi Market market include

Industry Developments

In recent months, the Brazil GameFi market has witnessed notable developments. Animoca Brands has been actively expanding its footprint in the region, focusing on partnerships to drive user engagement in blockchain-based games. Gala Games has made strides in enhancing its platform offerings aimed at Brazilian gamers, reflecting a growing local user base. Similarly, Yield Guild Games is increasing its presence, facilitating investments in local gaming talent and emphasizing play-to-earn models. The market has also seen significant growth in valuations for companies like Axie Infinity and Supercell, which have benefited from the increasing popularity of GameFi assets in Brazil. 

Major happenings include Ubisoft's growing interest in the Brazilian gaming scene, particularly through initiatives that support game development and innovation. In terms of mergers and acquisitions, there have been no recent publicly known transactions in the Brazil GameFi sector involving the specified companies. Nonetheless, the overall trajectory remains positive with a vibrant community emerging around decentralized gaming experiences. This growth is further bolstered by Brazil's favorable regulatory environment for technology firms, enhancing the market's appeal for both domestic and international investments.

Future Outlook

Brazil Gamefi Market Future Outlook

The gamefi market in Brazil is projected to grow at a 28.5% CAGR from 2024 to 2035, driven by technological advancements, increased user engagement, and innovative monetization strategies.

New opportunities lie in:

  • Development of localized gaming platforms for Brazilian audiences.
  • Integration of blockchain technology for secure in-game transactions.
  • Partnerships with local influencers to enhance market penetration.

By 2035, the gamefi market in Brazil is expected to achieve substantial growth and innovation.

Market Segmentation

Brazil Gamefi Market Game Type Outlook

  • NFT
  • Crypto

Brazil Gamefi Market Game Model Outlook

  • Free-2-Play
  • Play-2-Earn

Brazil Gamefi Market Application Outlook

  • Android
  • Windows
  • iOS

Brazil Gamefi Market Type of NFTs Outlook

  • Accessories
  • Lands
  • Bundles
  • Runes
  • Weapons
  • Outfits
  • Others

Report Scope

MARKET SIZE 2024 490.47(USD Million)
MARKET SIZE 2025 630.25(USD Million)
MARKET SIZE 2035 7737.9(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 28.5% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Animoca Brands (AU), Sky Mavis (VN), Dapper Labs (CA), Immutable (AU), Gala Games (US), Mythical Games (US), The Sandbox (FR), Yield Guild Games (PH)
Segments Covered Application, Type of NFTs, Game Model, Game Type
Key Market Opportunities Integration of blockchain technology enhances user engagement and monetization in the gamefi market.
Key Market Dynamics Rising consumer interest in blockchain gaming drives innovation and competition within the gamefi market.
Countries Covered Brazil

Leave a Comment

FAQs

What is the expected market size of the Brazil GameFi Market in 2024?

The Brazil GameFi Market is expected to be valued at 686.8 million USD in 2024.

What will be the market size of the Brazil GameFi Market by 2035?

By 2035, the Brazil GameFi Market is projected to reach a valuation of 2968.0 million USD.

What is the expected CAGR for the Brazil GameFi Market from 2025 to 2035?

The Brazil GameFi Market is anticipated to grow at a compound annual growth rate of 14.231% from 2025 to 2035.

Which application segments are expected to dominate the Brazil GameFi Market?

The main application segments are expected to be Android, Windows, and iOS.

What is the projected market value for Android applications in the Brazil GameFi Market by 2035?

The market value for Android applications is anticipated to reach 640.0 million USD by 2035.

What market value is projected for Windows applications in 2024?

The market value for Windows applications in the Brazil GameFi Market is expected to be 200.0 million USD in 2024.

Which major players are leading the Brazil GameFi Market?

Key players include Animoca Brands, Gala Games, Yield Guild Games, Supercell, and Immutable.

What is the expected market value for iOS applications in the Brazil GameFi Market by 2035?

The iOS applications segment is projected to be valued at 1478.0 million USD by 2035.

What is the expected market size for Windows applications by 2035?

The Windows applications segment is anticipated to reach a market size of 850.0 million USD by 2035.

What key trends are shaping the Brazil GameFi Market?

Emerging trends include increased investment in blockchain gaming and the rise of play-to-earn models.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions