The Vietnam blockchain gaming market size reached USD 97.60 Million in 2024. The market is projected to reach USD 7,732.73 Million by 2033, exhibiting a growth rate (CAGR) of 62.55% during 2025-2033. The market is driven by government-backed blockchain infrastructure development initiatives, strategic foreign investment influx with major partnerships involving global technology companies, and the emerging integration of play-to-earn gaming models that enable Vietnamese players to earn real economic value through gameplay. Additionally, Vietnam's position as a leading country in cryptocurrency adoption with over 20 million holders is supporting the Vietnam blockchain gaming market share.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 97.60 Million |
Market Forecast in 2033 | USD 7,732.73 Million |
Market Growth Rate 2025-2033 | 62.55% |
Government-Supported Blockchain Infrastructure Building
The Vietnamese state has made blockchain technology a pillar of Vietnam's digital transformation policy, with the latter coming in the form of the National Strategy for Blockchain Application and Development released in October 2024. The wide-ranging strategy seeks to make Vietnam a regional leader for blockchain technology by 2030, including targeted objectives such as the development of 20 high-profile blockchain brands and a minimum of three blockchain testing labs in major cities. The plan focuses on creating blockchain applications in various industries, such as gaming, financial services, and digital services, fostering a proper regulatory framework that promotes innovation while maintaining compliance with global standards. The government assistance also includes creating blockchain research centers within universities and supporting educational courses to build qualified human resources for the sector. This strong government support forms the cornerstone for long-term, sustainable blockchain gaming ecosystem growth since developers can work with more confidence about compliance as well as sustained market stability, leading to greater investment and innovation in the industry.
Strategic Foreign Investment Infusion and Partnership Building
This industry is witnessing record levels of capital infusion and strategic partnerships with global tech giants, drastically altering the market scenario. Most significantly, in January 2025, SSI Digital Ventures was launched with a USD 200 Million commitment with the intention to finance around 10 blockchain and AI initiatives in Vietnam with a minimum of disbursements of USD 10 Million each in 2025. Large-scale international partnerships have come into the picture to create end-to-end blockchain infrastructure and hybrid cloud solutions. These collaborations are the first of their kind in Vietnam, in which financial institutions, local blockchain tech firms, and international cloud service providers have come together on a large scale. The strategic alliances allow Vietnamese blockchain gaming firms to get access to sophisticated technologies, overseas distribution channels, and scaling expertise in blockchain applications worldwide. This Vietnam blockchain gaming market growth path is underpinned by the growing confidence of foreign investors who see the potential of Vietnam to become a blockchain innovation hub, especially with the nation's rich pool of developer talent, low operational costs, and expanding digital infrastructure.
Emerging Play-to-Earn Gaming Model Integration
The market is seeing a tremendous transformation in play-to-earn (P2E) gaming frameworks, graduating from basic token rewards to designing holistic economic ecosystems that offer players sustainable earning opportunities. The achievement of Vietnamese-made games such as Axie Infinity, even with market volatility, has made Vietnam a noted leader in P2E game development, motivating many local studios to create the next-generation of blockchain games that prioritize entertainment worth and economic usefulness. Local Vietnamese gaming firms are now implementing blockchain features in their current games, seeing the prospect of deepening player involvement and developing new revenue sources from NFT-based asset possession and cross-game portability. The development comes with advanced tokenomics schemes that reconcile player incomes with game longevity, solving previous concerns regarding purely extractive P2E models. Vietnamese game developers are concentrating on building great gaming experiences that engage gamers to play for entertainment purposes foremost, with revenue generation as an attractive secondary advantage. Integration is carried through to supporting infrastructure, such as specialist wallets, marketplaces, and training resources that enable mainstream gamers to move into blockchain-based gaming. The trend is a sign of the maturity of Vietnam's blockchain gaming market, where developers use their knowledge of both conventional gaming and blockchain technology to produce new, creative experiences that appeal to local and global markets alike.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels from 2025-2033. Our report has categorized the market based on game type and platform.
Game Type Insights:
The report has provided a detailed breakup and analysis of the market based on game type. This includes role playing games, open world games, and collectible games.
Platform Insights:
A detailed breakup and analysis of the market based on platform have also been provided in the report. This includes ETH, BNB chain, and polygon.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Game Types Covered | Role Playing Games, Open World Games, Collectible Games |
Platforms Covered | ETH, BNB Chain, Polygon |
Regions Covered | Northern Vietnam, Central Vietnam, Southern Vietnam |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: