Cryptocurrency Market

Cryptocurrency Market by Offering (Hardware: GPU, FPGA, ASIC, & Wallet, and Software), Process (Mining and Transaction), Type, Application (Trading, Remittance, Payment: Peer-to-Peer Payment, Ecommerce, and Retail), and Geography - Global Forecast to 2024

Report Code: SE 5634 Oct, 2018, by marketsandmarkets.com
COVID-19

Click here for an in-depth analysis of the COVID-19 impact on the Cryptocurrency Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Cryptocurrency Market

Request Now
Updated date -

The overall cryptocurrency market size is projected to reach USD 1.40 billion by 2024, at a CAGR of 6.18% during the forecast period. Cryptocurrency is a disruptive concept that is an alternative to fiat currency used in the present monetary system. Entrepreneurs, start-ups, and large as well as small and medium-sized enterprises (SMEs) are taking an interest in cryptocurrency and find it a revolutionary concept to counter transactional compliances.

Owing to these factors, the ecosystem has attracted extensive venture funding, collaborations, and partnerships among cryptocurrency solutions vendors to provide end-to-end solutions. The base year considered for the study is 2017, and the forecast has been provided for the period from 2019 to 2024. The major factors driving the growth of the cryptocurrency market include transparency of distributed ledger technology, high remittances in developing countries, high cost of cross-border remittance, fluctuations in monetary regulations and growth in venture capital investments.

Cryptocurrency Market

Cryptocurrency Market, by type,bitcoin to hold largest market share during the forecast period

The cryptocurrency market is expected to reach USD 1.40 billion by 2024, at a CAGR of 6.18% during 2019–2024. Bitcoin held the largest share of 38.76% of the cryptocurrency market in 2017. This market is likely to reach USD 558.2 million by 2024, growing at a CAGR of 4.23% during 2019–2024. This is attributed to Bitcoin’s advantage of being the pioneer in the field and its worldwide acceptability. Ethereum witnessed significant growth in 2017 and was valued at USD 297.6 million. The advantages offered by Ethereum over Bitcoin, such as electronic cash, smart contract technology, and proof-of-stake, are expected to drive the growth of the market for Ethereum.

Cryptocurrency Market, by application, payment to grow at highest rate during the forecast period

The market for trading is projected to be valued USD 837.2 million by 2024, growing at a CAGR of 4.70% during 2019–2024. The market for payment is expected to grow at the highest CAGR of 12.47% from 2019 to 2024. The payment through cryptocurrency has several advantages such as includes enhanced transactional security, protection from fraud, decentralized system, low fees, and protection from consumer chargebacks, and quick international transfers, thereby increasing the adoption of cryptocurrency.

Cryptocurrency market in RoW to grow at highest CAGR during the forecast period

In 2018, APAC held 58.87% of the cryptocurrency market. This market is projected to be valued at USD 705.4 million by 2024, growing at a CAGR of 3.52% from 2019 to 2024. This is attributed to the low cost of electricity in China and early adoption of cryptocurrency in Japan. The market in RoW is projected to reach USD 123.9 million by 2024, growing at the highest CAGR of 13.34% during 2019–2024.

Cryptocurrency Market

Market Dynamics : Cryptocurrency Market

Driver: High remittances in developing countries

Cryptocurrency has helped overcome a few key challenges that the financial system had been facing over the past few decades. For instance, while overseas money remittance often takes 3–5 days for clearance and settlements, cryptocurrency transactions can be done in a much shorter time. Faster transaction and settlement time can help consumers to transact more easily while eliminating the need for paying fees to intermediaries to streamline the process.

According to the World Bank, officially recorded remittances to low and middle-income countries reached USD 466 billion in 2017, an increase of 8.5% over USD 429 billion in 2016. Global remittances, which include flows to high-income countries, reached USD 613 billion in 2017 from USD 573 billion in 2016, an increase of 7%.

Restraint: Uncertain regulatory status

The cryptocurrency market is not yet regulated. At present, the lack of regulations and the uncertainty regarding the same are among the major restraining factors for the adoption of cryptocurrency. While financial regulatory bodies across the world are working to find common standards for cryptocurrencies, regulatory acceptance remains one of the biggest challenges to the adoption of cryptocurrency. As the distributed ledger technology is still in the nascent stage, it raises a number of questions for regulators and policy makers at national and international levels. Due to issues in terms of standardization and interoperability, the regulatory status of cryptocurrency remains uncertain, which acts as a major restraint for the growth of this market. In September 2017, China banned Bitcoin exchanges, which has led all exchanges in China to set a deadline for users to withdraw their funds. Such developments are leading to fears regarding the future of cryptocurrency.

Opportunity: Significant growth opportunities in emerging and developed markets

Emerging economies (such as India, China, and Brazil) and developed countries (such as the US, Germany, and Japan) are expected to offer significant growth opportunities for the companies operating in the cryptocurrency market. The adoption of cryptocurrency because of faster remittance transfer, low fees, and smooth and compliance-free transaction is expected to drive the market. Remittance charges is high, while transferring money to African countries from the US or the UK where cryptocurrency can act as an alternative. Moreover growing awareness toward cryptocurrency has led to higher adoption, especially for payments related to small contracts, salaries, and donations.

Challenge: Technical challenges pertaining to scalability

There are two major technical challenges pertaining to the scalability of cryptocurrency. First, there is a tendency toward centralization with a growing block chain because the growth of the block chain increases the requirements for storage, bandwidth, and computational power that must be spent by “full nodes” in the network, leading to a risk of greater centralization. Second, in Bitcoin transactions, the block chain has a built-in hard limit of 1 megabyte per block (about 10 minutes), and removing this limit requires a “hard fork” or backward-incompatible change to the Bitcoin protocol. As cryptocurrency becomes more popular, these scalability issues would have to be tackled. This scalability issue is due to a few different aspects related to the functioning of the protocol, such as block size and total number of blocks, among others. However, maintaining the decentralization becomes more difficult as the number of transactions processed by the network grows.

Cryptocurrency Market

Scope of the Report

Report Metric

Details

Market size available for years

2016–2024

Base year considered

2018

Forecast period

2019–2024

Forecast units

Million/ Billion (USD)

Segments covered

Offering, Process, Type, Application, Geography

Geographies covered

North America, Europe, APAC, and RoW (Middle East, Africa and South America)

Companies covered

 Bitmain (China), NVIDIA (US), Xilinx (US), Intel (US), Advanced Micro Devices (AMD) (US), Ripple (US), Bitfury (Netherlands), Ethereum Foundation (Switzerland), CoinBase (US), BitGo (US), and Binance (China)

The research report categorizes the Cryptocurrency Market to forecast the revenues and analyze the trends in each of the following sub-segments:

By Offering:

  • Hardware
  • Software

By Process:

  • Mining
  • Transaction

By Type

  • Bitcoin
  • Ethereum
  • Bitcoin Cash
  • Ripple
  • Litecoin
  • Dash
  • Others

By Application:

  • Trading
  • Remittance
  • Payment

By Geography

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)

Key Market Players

Bitmain (China), NVIDIA (US), Xilinx (US), Intel (US), Advanced Micro Devices (US), Ripple (US), Bitfury (Netherlands), Ethereum Foundation (Switzerland), CoinBase (US), BitGo (US), and Binance (China).

Bitmain was founded in Beijing in 2013. Bitmain is a blockchain and semiconductor company, dedicated to the design and manufacture of high performance computing chips and software. Bitmain has 2,500 employees with offices and research centers across the globe, including China, US, Canada, Switzerland, Russia, Georgia, Brazil, Netherlands, Israel, Hong Kong and Singapore.

Bitmain is among the world leaders in cryptocurrency mining. Company’s main sources of income are mining hardware sales, mining rewards generated from mining pools, and custodian service fees charged from the customers. Bitmain has been receiving funds at regular intervals and the company has also planned to file a listing application with the Hong Kong stock exchange to raise funds.

Recent Developments

  • In April 2017, Bitmain announced the launch of the Antminer L3+ Litecoin miner.
  • In March 2018, NVIDIA announced a series of new technologies and partnerships that expand its potential inference market to 30 million hyperscale servers worldwide, while dramatically lowering the cost of delivering deep learning-powered services.
  • In February 2018, AMD launched EPYC Embedded 3000 series processor and AMD Ryzen Embedded V1000 processor that deliver high performance, exceptional integration, and on-chip security.
  • In November 2017, Xilinx and Huawei jointly announced the North American debut of the Huawei FPGA Accelerated Cloud Server (FACS) platform. This platform is powered by Xilinx high-performance Virtex UltraScale+ FPGAs. Huawei FACS platform provides improved performance compared with the HPC class CPU-based platform.
  • In October 2018, Bitfury launched its new enterprise grade Bitcoin miner, Bitfury Tardis, which is the latest generation of its B8 mining server. It offers a performance of up to 80 TH/s and includes new features that improve user experience and reduce overall maintenance.

Key Questions Answered

  • How is cryptocurrency influencing the transaction market?
  • How are the hardware suppliers addressing the challenge of high computing power required for cryptocurrency mining?
  • Which software is most used for cryptocurrency?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Study Objectives
    1.2 Definition
    1.3 Scope of the Study
           1.3.1 Markets Covered
           1.3.2 Years Considered
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary and Primary Research
                    2.1.1.1 Key Industry Insights
           2.1.2 Secondary Data
                    2.1.2.1 List of Major Secondary Sources
                    2.1.2.2 Secondary Sources
           2.1.3 Primary Data
                    2.1.3.1 Breakdown of Primaries
                    2.1.3.2 Primary Sources
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Opportunities in Market
    4.2 Market for Payment, By Type
    4.3 Market for Mining, By Type
    4.4 Market in APAC, By Application and Country
    4.5 Market, By Geography

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Transparency of Distributed Ledger Technology
                    5.2.1.2 High Remittances in Developing Countries
                    5.2.1.3 High Cost of Cross-Border Remittance
                    5.2.1.4 Fluctuations in Monetary Regulations
                    5.2.1.5 Growth in Venture Capital Investments
           5.2.2 Restraints
                    5.2.2.1 Uncertain Regulatory Status
                    5.2.2.2 Lack of Awareness and Technical Understanding Regarding Cryptocurrency
           5.2.3 Opportunities
                    5.2.3.1 Significant Growth Opportunities in Emerging and Developed Markets
                    5.2.3.2 Acceptance of Cryptocurrency Across Various Industries
           5.2.4 Challenges
                    5.2.4.1 Concern Regarding Security, Privacy, and Control
                    5.2.4.2 Technical Challenges Pertaining to Scalability
    5.3 Value Chain Analysis of Market
    5.4 Key Trends in Market
           5.4.1 Ransomware Case Study
                    5.4.1.1 Technology Behind Ransomware
                    5.4.1.2 Encryption
                    5.4.1.3 Advent of Cryptocurrencies
                    5.4.1.4 Impact of Ransomware Attack
                    5.4.1.5 Decline of Ransomware
           5.4.2 Rise in Cryptocurrency Mining Malware
           5.4.3 Initial Coin Offering (Ico)
           5.4.4 Cryptography in Cryptocurrency
           5.4.5 Cryptocurrency Prices (In USD)
           5.4.6 Hardfork in Cryptocurrencies
           5.4.7 Security Token Offering
    5.5 Regulation of Cryptocurrency

6 Cryptocurrency Market, By Offering (Page No. - 51)
    6.1 Introduction
    6.2 Hardware
           6.2.1 Asic
                    6.2.1.1 Asics to Dominate the Cryptocurrency Hardware Market During the Forecast Period
           6.2.2 Gpu
                    6.2.2.1 Demand for Gpus Expected to Decrease for Cryptocurrency Mining During the Forecast Period
           6.2.3 FPGA
                    6.2.3.1 FPGA Expected to Grow at A Steady Rate in Cryptocurrency Hardware Market
           6.2.4 Wallet
                    6.2.4.1 Better Security Expected to Drive the Cryptocurrency Hardware Wallet Market During the Forecast Period
    6.3 Software
           6.3.1 Mining Platform
                    6.3.1.1 Growth in Adoption of Cryptocurrency Expected to Drive the Market for Mining Platform
           6.3.2 Coin Wallet
                    6.3.2.1 Mobile Wallet Expected to Drive Cryptocurrency Software Wallet Market
           6.3.3 Exchange
                    6.3.3.1 Exchange to Account for the Largest Share of Cryptocurrency Software Market During the Forecast Period

7 Cryptocurrency Market, By Process (Page No. - 63)
    7.1 Introduction
    7.2 Mining
           7.2.1 Solo Mining
                    7.2.1.1 Increasing Demand for High Computing Power has Led to Decline of Solo Mining
           7.2.2 Pool Mining
                    7.2.2.1 Pool Mining Expected to Account for the Largest Share of Cryptocurrency Mining Market During the Forecast Period
           7.2.3 Cloud Mining
                    7.2.3.1 Higher Profits Expected Drive Cloud Mining Market During the Forecast Period
    7.3 Transaction
           7.3.1 Exchange
                    7.3.1.1 Exchange to Dominate the Cryptocurrency Transaction Market During the Forecast Period
           7.3.2 Wallet
                    7.3.2.1 Increase in Adoption of Cryptocurrencies Expected to Drive Cryptocurrency Wallet Market

8 Cryptocurrency Market, By Type (Page No. - 75)
    8.1 Introduction
    8.2 Bitcoin
           8.2.1 Bitcoin Accounted for the Largest Market Size of Market in 2018
    8.3 Etgereum (ETH)
           8.3.1 Support for Smart Contract Expected to Drive the Market for Ethereum
    8.4 Bitcoin Cash
           8.4.1 Larger Block Size Expected to Drive the Market for Bitcoin Cash
    8.5 Ripple (XRP)
           8.5.1 Scalability, Efficiency and Low Cost Expected to Drive the Market for Ripple
    8.6 Dashcoin
           8.6.1 Features Such as Privtae Transactions, Instant Trasactions and Decentralized Governance to Drive the Market for Dash
    8.7 Litecoin (LTC)
           8.7.1 Faster Transaction as Compared to Other Major Cryptocurrencies Expected to Drive the Market for Litecoin
    8.8 Others

9 Cryptocurrency Market, By Application (Page No. - 81)
    9.1 Introduction
    9.2 Trading
           9.2.1 Trading to Lead Cryptocurrency Market Between 2018 and 2024
    9.3 Remittance
           9.3.1 Compliance-Free and Low Fees Expected to Be the Major Drivers for the Growth of Remittance in Market
    9.4 Payment
           9.4.1 Peer-To-Peer Payment
                    9.4.1.1 Peer-To-Peer Payment Expected to Grow at Highest CAGR During the Forecast Period
           9.4.2 Ecommerce and Retail
                    9.4.2.1 Growth in Number of Ecommerce Companies Accepting Cryptocurrencies as Mode of Payment to Drive the Market
           9.4.3 Media and Entertainment
                    9.4.3.1 Casinos Expected to Drive Cryptocurrency Market for Media and Entertainment
           9.4.4 Travel and Tourism
                    9.4.4.1 The Idea of Traveling With One Global Currency Expected to Drive the Market in Travel and Tourism
           9.4.5 Others

10 Geographic Analysis (Page No. - 88)
     10.1 Introduction
     10.2 North America
             10.2.1 US
                       10.2.1.1 US Accounted for the Largest Share of Market in North America
             10.2.2 Canada
                       10.2.2.1 Government’s Decision to Allow the Use of Cryptocurrency Expected to Drive the Market in Canada
             10.2.3 Mexico
                       10.2.3.1 Cryptocurrency Being Considered Legal for Eletronic Transactions is Expected to Drive the Market in Mexico
     10.3 Europe
             10.3.1 Germany
                       10.3.1.1 Favorable Government Regulations Towards Cryptocurrency is Expected to Drive the Market in Germany
             10.3.2 France
                       10.3.2.1 Reduction in Taxes on Cryptocurrency is Expected to Drive the Market in France
             10.3.3 UK
                       10.3.3.1 Legal Cryptocurrency Exchange Expected to Drive the Market in the UK
             10.3.4 East Europe
                       10.3.4.1 Companies Moving to East Europe for Mining and Exchange are the Major Factors Driving the Market in East Europe.
             10.3.5 Rest of Europe
                       10.3.5.1 Rest of Europe Expected to Lead the Market in Europe During the Forecast Period
     10.4 APAC
             10.4.1 China
                       10.4.1.1 China Accounted for the Largets Market Size in Cryptocurrency Mining in APAC
             10.4.2 Japan
                       10.4.2.1 Government’s Recognition of Exchanges as Legal is Expected to Drive the Market in Japan
             10.4.3 South Korea
                       10.4.3.1 Favorable Government Regulations Towards Cryptocurrency Expected to Drive the Market in South Korea
             10.4.4 Rest of APAC
     10.5 RoW
             10.5.1 South America
             10.5.2 Middle East and Africa

11 Competitive Landscape (Page No. - 115)
     11.1 Overview
     11.2 Ranking Analysis of Key Players in Market
     11.3 Competitive Situations and Trends
             11.3.1 Product Launches
             11.3.2 Agreements, Partnerships, Collaborations, & Contracts
             11.3.3 Acquisitions
             11.3.4 Expansion

12 Company Profiles (Page No. - 121)
(Business Overview, Products/Solutions/Service and Technology Offered, Recent Developments, SWOT Analysis, and MnM View)*
     12.1 Key Players
             12.1.1 Bitmain Technologies Ltd.
             12.1.2 NVIDIA
             12.1.3 Advanced Micro Devices, Inc.
             12.1.4 Xilinx
             12.1.5 Bitfury Group Limited
             12.1.6 Intel
             12.1.7 Ripple
             12.1.8 Ethereum Foundation
             12.1.9 Coinbase
             12.1.10 BitGo
             12.1.11 Binance
     12.2 Other Companies
             12.2.1 Canaan Creative Co., Ltd
             12.2.2 Zhejiang Ebang Communication Co.,Ltd
             12.2.3 Bitstamp Ltd
             12.2.4 Ifinex Inc.
             12.2.5 Ledger Sas
             12.2.6 Xapo
             12.2.7 Advanced Mining Technologies Inc.
             12.2.8 Alcheminer, Ltd.
             12.2.9 Upbit
             12.2.10 Shark Mining
             12.2.11 Ethereumminer.EU
             12.2.12 Pandaminer

*Details on Business Overview, Products/Solutions/Service and Technology Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 156)
     13.1 Insights From Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Available Customizations
     13.5 Related Reports
     13.6 Author Details


List of Tables (69 Tables)

Table 1 Funding in Cryptocurrency Market, 2014–2018 (USD Million)
Table 2 Cryptocurrency Price, 2013–2018 (USD)
Table 3 Cryptocurrency Fork, 2017–2018
Table 4 Cryptocurrency Status By Country, 2018
Table 5 Market, By Offering, 2015–2024 (USD Million)
Table 6 Market for Hardware, By Process, 2015–2024 (USD Million)
Table 7 Market for Hardware, By Region, 2015–2024 (USD Million)
Table 8 Market, By Hardware, 2015–2024 (USD Million)
Table 9 Cryptocurrency Asic Hardware
Table 10 Market for Software, By Process, 2015–2024 (USD Million)
Table 11 Market for Software, By Region, 2015–2024 (USD Million)
Table 12 Market, By Software, 2015–2024 (USD Million)
Table 13 Market, By Process, 2015–2024 (USD Million)
Table 14 Market for Mining, By Offering, 2015–2024 (USD Million)
Table 15 Market for Mining, By Region, 2015–2024 (USD Million)
Table 16 Market for Mining in APAC, By Country, 2015–2024 (USD Million)
Table 17 Market for Mining in North America, By Country, 2015–2024 (USD Million)
Table 18 Market for Mining in Europe, By Country, 2015–2024 (USD Million)
Table 19 Market for Mining in RoW, By Region, 2015–2024 (USD Million)
Table 20 Market for Mining, By Type, 2015–2024 (USD Million)
Table 21 Market for Transaction, By Offering, 2015–2024 (USD Million)
Table 22 Market for Transaction, By Region, 2015–2024 (USD Million)
Table 23 Market for Transaction in APAC, By Country, 2015–2024 (USD Million)
Table 24 Market for Transaction in North America, By Country, 2015–2024 (USD Million)
Table 25 Market for Transaction in Europe, By Country, 2015–2024 (USD Million)
Table 26 Market for Transaction in RoW, By Region, 2015–2024 (USD Million)
Table 27 Market for Transaction, By Type, 2015–2024 (USD Million)
Table 28 Market Capitalization of Various Cryptocurrencies From 2014 to 2018 (USD Billion)
Table 29 Cryptocurrency Market, By Type , 2015–2024 (USD Million)
Table 30 Market, By Application, 2015–2024 (USD Million)
Table 31 Market for Trading, By Region, 2015–2024 (USD Million)
Table 32 Market for Remittance, By Region, 2015–2024 (USD Million)
Table 33 Market for Payment, By Region, 2015–2024 (USD Million)
Table 34 Market for Payment, By Type, 2015–2024 (USD Million)
Table 35 Market, By Region, 2015–2024 (USD Million)
Table 36 Market in North America, By Country, 2015–2024 (USD Million)
Table 37 Market in North America, By Offering, 2015–2024 (USD Million)
Table 38 Market in North America, By Process, 2015–2024 (USD Million)
Table 39 Market in North America, By Application, 2015–2024 (USD Million)
Table 40 Market in US, By Process, 2015–2024 (USD Million)
Table 41 Market in Canada, By Process, 2015–2024 (USD Million)
Table 42 Market in Mexico, By Process, 2015–2024 (USD Million)
Table 43 Market in Europe, By Country, 2015–2024 (USD Million)
Table 44 Market in Europe, By Offering, 2015–2024 (USD Million)
Table 45 Market in Europe, By Process, 2015–2024 (USD Million)
Table 46 Market in Europe, By Application, 2015–2024 (USD Million)
Table 47 Market in Germany, By Process, 2015–2024 (USD Million)
Table 48 Market in France, By Process, 2015–2024 (USD Million)
Table 49 Market in UK, By Process, 2015–2024 (USD Million)
Table 50 Market in East Europe, By Process, 2015–2024 (USD Million)
Table 51 Market in Rest of Europe, By Process, 2015–2024 (USD Million)
Table 52 Market in APAC, By Country, 2015–2024 (USD Million)
Table 53 Market in APAC, By Offering, 2015–2024 (USD Million)
Table 54 Market in APAC, By Process, 2015–2024 (USD Million)
Table 55 Market in APAC, By Application, 2015–2024 (USD Million)
Table 56 Market in China, By Process, 2015–2024 (USD Million)
Table 57 Market in Japan, By Process, 2015–2024 (USD Million)
Table 58 Market in South Korea, By Process, 2015–2024 (USD Million)
Table 59 Market in Rest of APAC, By Process, 2015–2024 (USD Million)
Table 60 Market in RoW, By Region, 2015–2024 (USD Million)
Table 61 Market in RoW, By Offering, 2015–2024 (USD Million)
Table 62 Market in RoW, By Process, 2015–2024 (USD Million)
Table 63 Market in RoW, By Application, 2015–2024 (USD Million)
Table 64 Market in South America, By Process, 2015–2024 (USD Million)
Table 65 Market in Mea, By Process, 2015–2024 (USD Million)
Table 66 Product Launches, 2015–2018
Table 67 Agreements, Partnerships, Collaborations, Contracts, and Joint Ventures, 2016–2018
Table 68 Acquisitions 2015–2018
Table 69 Expansion 2016–2018
 
 
List of Figures (46 Figures)
 
Figure 1 Research Design
Figure 2 Process Flow of Market Size Estimation
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Market for Software to Grow at Higher CAGR During 2019–2024
Figure 7 Market for Transaction to Grow at Higher CAGR During 2019–2024
Figure 8 Market for Bitcoin to Hold Largest Share During 2019–2024
Figure 9 Market for Payment to Grow at Highest CAGR During Forecast Period
Figure 10 Market in RoW to Grow at Highest CAGR During 2019–2024
Figure 11 APAC to Hold Largest Size of Market During 2019–2024
Figure 12 Peer-To Peer Payment to Dominate Cryptocurrency Market During Forecast Period
Figure 13 Market for Pool Mining to Grow at Highest CAGR From 2019 to 2024
Figure 14 Trading to Hold Largest Share of Cryptocurrency Market in APAC By 2018
Figure 15 Market in South America to Grow at Highest CAGR From 2019 to 2024
Figure 16 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Global Remittance Flows, 2014–2019
Figure 18 Top Remittance Receivers, 2017
Figure 19 Costs of Remittances, 2017 vs 2018
Figure 20 Total Funding, 2013–2018 (USD Million)
Figure 21 Value Chain Analysis of Cryptocurrency, 2018
Figure 22 Software to Grow at Higher CAGR During Forecast Period
Figure 23 Asic to Dominate Cryptocurrency Hardware Market During Forecast Period
Figure 24 Exchange to Dominate Cryptocurrency Market for Software During Forecast Period
Figure 25 Transaction to Grow at Higher CAGR During Forecast Period
Figure 26 Pool Mining to Register Highest CAGR During Forecast Period
Figure 27 Exchange to Dominate Cryptocurrency Market for Transactional Process in APAC During Forecast Period
Figure 28 Market Capitalization of Various Cryptocurrencies From 2014 to 2018
Figure 29 Bitcoin to Dominate Cryptocurrency Market During Forecast Period
Figure 30 Payment Application to Grow at Highest CAGR During Forecast Period
Figure 31 Market in RoW to Grow at Highest CAGR From 2019 to 2024
Figure 32 APAC to Hold Largest Share of Market During Forecast Period
Figure 33 North America: Snapshot of Market
Figure 34 Mining to Hold Larger Size of Market in US During Forecast Period
Figure 35 Europe: Snapshot of Market
Figure 36 RoE to Dominate Cryptocurrency Market in Europe By 2024
Figure 37 Mining to Grow at Larger Size of Market in UK During Forecast Period
Figure 38 APAC: Snapshot of Market
Figure 39 Mining to Lead Cryptocurrency Market for Process in China During Forecast Period
Figure 40 South America to Lead Market in RoW During Forecast Period
Figure 41 Companies Adopted Product Launches as Key Growth Strategy From 2015 to 2017
Figure 42 Market: Ranking Analysis of Key Companies
Figure 43 NVIDIA: Company Snapshot
Figure 44 AMD: Company Snapshot
Figure 45 Xilinx: Company Snapshot
Figure 46 Intel: Company Snapshot


Request for detailed methodology, assumptions & how numbers were triangulated.

Please share your problem/objectives in greater details so that our analyst can verify if they can solve your problem(s).
  • Select all
  • News-Letters with latest Market insights
  • Information & discussion on the relevant new products and services
  • Information & discussion on Market insights and Market information
  • Information & discussion on our events and conferences
    • Select all
    • Email Phone Professional and social network (Linkedin, etc)
Report Code
SE 5634
Published ON
Oct, 2018
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Cryptocurrency Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home