Cryptocurrency Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Request Brochure Request Discount

Report Code: ZMR-2773 | Report Format : | Status : Upcoming |

Abstract

Global Cryptocurrency Market: Overview

A cryptocurrency is nothing but a type of virtual currency that is used as a medium of exchange in several transactions. Cryptography is used for having secured transactions; it also controls the new cryptocurrency units’ creation. In the past, the popularity of the cryptocurrency was low but now there are several organizations that carry out their transactions with the help of cryptocurrency.

Global Cryptocurrency Market: Growth Factors

There are several factors that are driving the global cryptocurrency market which includes its global recognition since cryptocurrency is not bound to any of the interest rates or exchange rates of any of the countries it is accepted as an international means for the transaction. Owing to this factor both time as well as money is saved. While making transactions there are less or literally no chances of fraud. These factors are increasing the demand for the cryptocurrency market. The other factors that are triggering the growth of the market are immutability and transparency of the distributed ledger technology and the lower ownership cost. The latest trend in the cryptocurrency market is that many people are investing on cryptocurrencies especially bitcoins.

However trending is the market, but cryptocurrencies are always considered as high-risk investments owing to the fact that the market value of the cryptocurrencies fluctuates drastically. The other factor that may hamper the growth of the market is cryptocurrency transactions are partly unregulated thus there is a risk that in certain jurisdictions cryptocurrency exchange can be outlawed.

Global Cryptocurrency Market: Segmentation

The global cryptocurrency market can be fragmented into its offering, process, type, and the end-user. On the basis of the offering, the global market can be segregated into software and hardware. Based on the process type, the cryptocurrency market can be segregated into transaction and mining. The different types of cryptocurrencies available in the global market include Ethereum, Litecoin, Ripple (XRP), Dashcoin, Bitcoin, and others. By end-user, the cryptocurrency market can be categorized into remittance, media and entertainment, peer-to-peer payment, e-commerce and retail, and others.

Global Cryptocurrency Market: Regional Analysis

Region wise, the global cryptocurrency market can be diversified in seven important regions such as Asia Pacific, North America, Western Europe, the Middle East and Africa, Eastern Europe, and Latin America. It is anticipated that Europe holds a significant market share and is expected to remain dominant in the coming years. In Europe, Germany anticipates contributing a significant share in the cryptocurrency market. Factors favoring the Europe cryptocurrency market are increasing adoption of the digital currency by several traders and the presence of a wide number of mining pools. In North America, the countries that are increasingly adopting cryptocurrencies are Canada and the U.S. In Asia Pacific region, the cryptocurrency market is developing in the countries such as Japan, China, and Singapore.

Global Cryptocurrency Market: Competitive Players

Some of the most important market players in the cryptocurrency market include Microsoft Corporation, BitFury Group Limited, Advanced Micro Devices, Inc., Ripple Labs Inc., Intel Corporation, NVIDIA Corporation, Coinbase Ltd., AlphaPoint Corporation, Xilinx Inc., BitGo, and BTL Group Ltd., among others.

Global Cryptocurrency Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Real Time Location System Market, By Component (Hardware, Software, and Service), By Technology (Radio Frequency Identification [Active RFID and Passive RFID], Wi-Fi, Ultra-Wide Band, Ultrasound, Infrared, Bluetooth Low Energy, GPS, WhereNet, and ZigBee), By Vertical (Transportation & Logistics, Healthcare, Government, Retail, Industrial, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026 Report Brief

Apr-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2796 | Report Format:

Report Brief The report covers forecast and analysis for the real time location system (RTLS) market on a global and regional level The report also provides historical data of past two years of the market for better understanding the dynamics and trends prevalent in the market The report inclu...Read More

Cloud Storage Gateway (CSG) Market by Type (Virtual Cloud Storage Appliances and Physical Cloud Storage Appliances), by Deployment Model (Private Cloud, Public Cloud, and Hybrid Cloud) for Manufacturing, Healthcare & Life Sciences, Media and Entertainment, BFSI, Retail, Research and Education, and Others by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa): Global Industry Perspective, Comprehensive Analysis, and Forecast 2017-2023

Apr-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2795 | Report Format:

The report covers forecast and analysis for the Cloud Storage Gateway (CSG) market on a global and regional level. The study provides historic data of 2015 -2017 along with a forecast from 2018 to 2023 based on revenue (USD Million). The study includes drivers and restraints for the Cloud Storage ...Read More

Facilities Management Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2794 | Report Format:

Global Facilities Management Market: Overview Facilities management market aims to attain efficient and effective delivery of a variety of support facilities for various firms. It mainly coordinates among the demand and supply services between private and public companies. The current cutthroat ...Read More

Online On-demand Laundry Service Market by Type (Laundry, Dry clean, and Duvet clean); by Application (Residential and Commercial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016– 2024

Apr-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2789 | Report Format:

Report Brief The report covers the forecast and analysis for the online on-demand laundry service market on the global and regional level. The report includes the positive and the negative factors that are influencing the growth of the market. Market opportunities are discussed in detail in th...Read More

DNS Service Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2787 | Report Format:

Global DNS Service Market: Overview The DNS stands for domain name system; it is a way in which the domain names of the internet are sited and are converted into internet protocol addresses. It links different information with domain given names assigned to each one of the joining units. Most si...Read More

Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.

Quick Inquiry