Global Cryptocurrency Market - by Offering (Hardware, Software), by Process Type (Transaction, Mining), by End-User (Remittance, Media and Entertainment, Peer-To-Peer Payment, E-Commerce and Retail, Others), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast 2019 – 2026

Published Date: 24-Aug-2020 Category: Technology & Media Report Format : PDF Pages: 157 Report Code: ZMR-2773 Status : Published

Global Cryptocurrency Market was valued at USD 1.02 Billion in 2019 and is expected to reach over USD 1.50 Billion by 2026, growing at a CAGR of around 5.7% during the forecast period from 2020 to 2026

Description

According to the report, the global Cryptocurrency market was valued at USD 1.02 Billion in 2019 and is expected to reach over USD 1.50 Billion by 2026, growing at a CAGR of around 5.7% during the forecast period from 2020 to 2026

The Cryptocurrency market is anticipated to register growth owing to swift and unhindered transaction facility offered to the entities in transaction. Transaction in cryptocurrency ensures transparency as all the transactions are recorded on distributed ledger.

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

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.

Table Of Content

  • Chapter 1 Preface
    • 1.1 Report Description
    • 1.1 Report Scope
  • Chapter 2 Research Methodology
    • 2.1 Research Methodology
    • 2.2 Secondary Research
    • 2.3 Primary Research
    • 2.4 Models
      • 2.4.1 Company Share Analysis Model
      • 2.4.2 Revenue Based Modeling
    • 2.5 Research Limitations
  • Chapter 3 Executive Summary
    • 3.1 Global Cryptocurrency Market, 2016 – 2026 (USD Million)
    • 3.2 Global Cryptocurrency Market: Snapshot
  • Chapter 4 Cryptocurrency Market – Industry Analysis
    • 4.1 Introduction
    • 4.2 Market Drivers
      • 4.2.1 Driving Factor 1 Analysis
      • 4.2.2 Driving Factor 2 Analysis:
    • 4.3 Market Restraints
      • 4.3.1 Restraining Factor Analysis
    • 4.4 Market Opportunities
      • 4.4.1 Market Opportunity & Use-case Analysis
      • 4.4.2 Use – Cases for Cryptocurrency
    • 4.5 Porter’s Five Forces Analysis
    • 4.6 COVID 19 Impact Analysis
      • 4.6.1.1 Impact on Product Development and Technology Adoption
      • 4.6.1.2 Gap Analysis
  • Chapter 5 Investment Proposition Analysis
    • 5.1 Global Cryptocurrency Market Attractiveness, By Offering
    • 5.2 Global Cryptocurrency Market Attractiveness, By Process Type
    • 5.3 Global Cryptocurrency Market Attractiveness, By Type
    • 5.4 Global Cryptocurrency Market Attractiveness, By End-User
    • 5.5 Global Cryptocurrency Market Attractiveness, By Region
  • Chapter 6 Competitive Landscape
    • 6.1 Company Market Share Analysis - 2019
      • 6.1.1 Global Cryptocurrency Market: Company Market Share, 2019
    • 6.2 Strategic Developments
    • 7.1 Global Cryptocurrency Market Overview: by Offering
      • 7.1.1 Global Cryptocurrency Market Revenue Share, by Offering, 2019 & 2026
    • 7.2 Global Cryptocurrency Market Analysis/Overview – By Offering
      • 7.2.1 Software – Overview/Analysis
      • 7.2.2 Hardware – Overview/Analysis
    • 7.3 Software
      • 7.3.1 Global Cryptocurrency Market for Software, Revenue (USD Million) 2016 - 2026
    • 7.4 Hardware
      • 7.4.1 Global Cryptocurrency Market for Hardware, Revenue (USD Million) 2016 - 2026
    • 8.1 Global Cryptocurrency Market Overview: by Process Type
      • 8.1.1 Global Cryptocurrency Market Revenue Share, by Process Type, 2019 & 2026
    • 8.2 Global Cryptocurrency Market Analysis/Overview – By Process Type
      • 8.2.1 Transaction – Overview/Analysis
      • 8.2.2 Mining – Overview/Analysis
    • 8.3 Transaction
      • 8.3.1 Global Cryptocurrency Market for Transaction, Revenue (USD Million) 2016 - 2026
    • 8.4 Mining
      • 8.4.1 Global Cryptocurrency Market for Mining, Revenue (USD Million) 2016 - 2026
    • 9.1 Global Cryptocurrency Market Overview: by Type
      • 9.1.1 Global Cryptocurrency Market Revenue Share, by Type, 2019 & 2026
    • 9.2 Global Cryptocurrency Market Analysis/Overview – By Type
      • 9.2.1 Ethereum – Overview/Analysis
      • 9.2.2 Litecoin – Overview/Analysis
      • 9.2.3 Ripple (XRP) – Overview/Analysis
      • 9.2.4 Dashcoin – Overview/Analysis
      • 9.2.5 Bitcoin – Overview/Analysis
      • 9.2.6 Others – Overview/Analysis
    • 9.3 Ethereum
      • 9.3.1 Global Cryptocurrency Market for Ethereum, Revenue (USD Million) 2016 - 2026
    • 9.4 Litecoin
      • 9.4.1 Global Cryptocurrency Market for Litecoin, Revenue (USD Million) 2016 - 2026
    • 9.5 Ripple (XRP)
      • 9.5.1 Global Cryptocurrency Market for Ripple (XRP), Revenue (USD Million) 2016 - 2026
    • 9.6 Dashcoin
      • 9.6.1 Global Cryptocurrency Market for Dashcoin, Revenue (USD Million) 2016 - 2026
    • 9.7 Bitcoin
      • 9.7.1 Global Cryptocurrency Market for Bitcoin, Revenue (USD Million) 2016 - 2026
    • 9.8 Others
      • 9.8.1 Global Cryptocurrency Market for Others, Revenue (USD Million) 2016 - 2026
    • 10.1 Global Cryptocurrency Market Overview: by End-User
      • 10.1.1 Global Cryptocurrency Market Revenue Share, by End-User, 2019 & 2026
    • 10.2 Global Cryptocurrency Market Analysis/Overview – By End-User
      • 10.2.1 Remittance – Overview/Analysis
      • 10.2.2 Media and Entertainment – Overview/Analysis
      • 10.2.3 Peer-To-Peer Payment – Overview/Analysis
      • 10.2.4 E-Commerce and Retail – Overview/Analysis
      • 10.2.5 Others – Overview/Analysis
    • 10.3 Remittance
      • 10.3.1 Global Cryptocurrency Market for Remittance, Revenue (USD Million) 2016 - 2026
    • 10.4 Media and Entertainment
      • 10.4.1 Global Cryptocurrency Market for Media and Entertainment, Revenue (USD Million) 2016 - 2026
    • 10.5 Peer-To-Peer Payment
      • 10.5.1 Global Cryptocurrency Market for Peer-To-Peer Payment, Revenue (USD Million) 2016 - 2026
    • 10.6 E-Commerce and Retail
      • 10.6.1 Global Cryptocurrency Market for E-Commerce and Retail, Revenue (USD Million) 2016 - 2026
    • 10.7 Others
      • 10.7.1 Global Cryptocurrency Market for Others, Revenue (USD Million) 2016 - 2026
  • Chapter 11 Cryptocurrency Market – Regional Analysis
    • 11.1 Global Cryptocurrency Market: Regional Overview
      • 11.1.1 Global Cryptocurrency Market Revenue Share, by Region, 2019 & 2026
      • 11.1.2 Global Cryptocurrency Market Revenue, by Region, 2016 – 2026 (USD Million)
    • 11.2 North America
      • 11.2.1 North America Cryptocurrency Market Revenue, 2016 - 2026 (USD Million)
      • 11.2.2 North America Cryptocurrency Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 11.2.3 North America Cryptocurrency Market Revenue, by Offering, 2016 – 2026
      • 11.2.4 North America Cryptocurrency Market Revenue, by Process Type, 2016 – 2026
      • 11.2.5 North America Cryptocurrency Market Revenue, by Type, 2016 – 2026
      • 11.2.6 North America Cryptocurrency Market Revenue, by End-User, 2016 – 2026
      • 11.2.7 U.S.
      • 11.2.8 Canada
    • 11.3 Europe
      • 11.3.1 Europe Cryptocurrency Market Revenue, 2016 - 2026 (USD Million)
      • 11.3.2 Europe Cryptocurrency Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 11.3.3 Europe Cryptocurrency Market Revenue, by Offering, 2016 – 2026
      • 11.3.4 Europe Cryptocurrency Market Revenue, by Process Type, 2016 – 2026
      • 11.3.5 Europe Cryptocurrency Market Revenue, by Type, 2016 – 2026
      • 11.3.6 Europe Cryptocurrency Market Revenue, by End-User, 2016 – 2026
      • 11.3.7 Germany
      • 11.3.8 France
      • 11.3.9 U.K.
      • 11.3.10 Rest of Europe
    • 11.4 Asia Pacific
      • 11.4.1 Asia Pacific Cryptocurrency Market Revenue, 2016 - 2026 (USD Million)
      • 11.4.2 Asia Pacific Cryptocurrency Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 11.4.3 Asia Pacific Cryptocurrency Market Revenue, by Offering, 2016 – 2026
      • 11.4.4 Asia Pacific Cryptocurrency Market Revenue, by Process Type, 2016 – 2026
      • 11.4.5 Asia Pacific Cryptocurrency Market Revenue, by Type, 2016 – 2026
      • 11.4.6 Asia Pacific Cryptocurrency Market Revenue, by End-User, 2016 – 2026
      • 11.4.7 China
      • 11.4.8 India
      • 11.4.9 Rest of Asia Pacific
    • 11.5 Latin America
      • 11.5.1 Latin America Cryptocurrency Market Revenue, 2016 - 2026 (USD Million)
      • 11.5.2 Latin America Cryptocurrency Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 11.5.3 Latin America Cryptocurrency Market Revenue, by Offering, 2016 – 2026
      • 11.5.4 Latin America Cryptocurrency Market Revenue, by Process Type, 2016 – 2026
      • 11.5.5 Latin America Cryptocurrency Market Revenue, by Type, 2016 – 2026
      • 11.5.6 Latin America Cryptocurrency Market Revenue, by End-User, 2016 – 2026
      • 11.5.7 Brazil
      • 11.5.8 Rest of Latin America
    • 11.6 The Middle-East and Africa
      • 11.6.1 The Middle-East and Africa Cryptocurrency Market Revenue, 2016 - 2026 (USD Million)
      • 11.6.2 The Middle-East and Africa Cryptocurrency Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 11.6.3 The Middle-East and Africa Cryptocurrency Market Revenue, by Offering, 2016 – 2026
      • 11.6.4 The Middle-East and Africa Cryptocurrency Market Revenue, by Process Type, 2016 – 2026
      • 11.6.5 The Middle-East and Africa Cryptocurrency Market Revenue, by Type, 2016 – 2026
      • 11.6.6 The Middle-East and Africa Cryptocurrency Market Revenue, by End-User, 2016 – 2026
      • 11.6.7 GCC Countries
      • 11.6.8 Rest of Middle-East Africa
  • Chapter 12 Company Profiles
    • 12.1 Microsoft Corporation
      • 12.1.1 Company Overview
      • 12.1.2 Financial Overview
      • 12.1.3 Product Portfolio
      • 12.1.4 Business Strategy
      • 12.1.5 Recent Developments
    • 12.2 BitFury Group Limited
    • 12.3 Advanced Micro Devices
    • 12.4 Ripple Labs Inc.
    • 12.5 Intel Corporation
    • 12.6 NVIDIA Corporation
    • 12.7 Coinbase Ltd.
    • 12.8 AlphaPoint Corporation
    • 12.9 Xilinx Inc.
    • 12.10 BitGo

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