1 / 9

Cryptocurrency and Blockchain Technology Market to Partake Significant Development during 2020 - 2022

Market Analysis:<br><br>The u201cWorldwide Crypto-currency and Blockchain Technology Marketu201d is estimated to witness a CAGR of 35.2% during the forecast period 2016u20132022. The crypto-currency market is analyzed based on two segments u2013 verticals and regions. The increasing online transaction, less transaction fees, easy and faster transaction, changing consumer and business landscape have led the demand for the market growth.<br><br>

7997
Download Presentation

Cryptocurrency and Blockchain Technology Market to Partake Significant Development during 2020 - 2022

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Cryptocurrency and Blockchain Technology Market to Witness Comprehensive Growth by 2020 - 2022 Trends Market Research All rights Reserved. 2021 ©

  2. Cryptocurrency and Blockchain Technology Market to Witness Comprehensive Growth by 2020 – 2022 Overview: Cryptocurrency is a digital currency that utilizes cryptography techniques to make the transactions secure and to limit the creation of additional units of currency. Cryptocurrency is decentralized and there is no third-party/central body/governing body involved in producing new currency, verifying transactions, and protecting the currency supply. The blockchain acts as a ledger that shows the transaction activities between the peers. Cryptocurrency opts as a future revenue stream in the digital finance world. Furthermore, cryptocurrency is not bound by any rules or regulations of any specific government or exchange rates, interest rates, and country to country transaction fee, which makes international transactions faster. The prime drivers of the cryptocurrency market include proper security, authentication and ease of transactions. The Cryptocurrency and Blockchain technology allows the users to send exactly what they want without involvement of third party. Globally, more than 70% of the mobile phone users prefer transactions over their phones, which is one of the major drivers for the cryptocurrency market growth. Market Analysis: The “Worldwide Crypto-currency and Blockchain Technology Market” is estimated to witness a CAGR of 35.2% during the forecast period 2016–2022. The crypto-currency market is analyzed based on two segments – verticals and regions. The increasing online transaction, less transaction fees, easy and faster transaction, changing consumer and business landscape have led the demand for the market growth. Request For Report Sample@https://www.trendsmarketresearch.com/report/sample/9796 Regional Analysis: Trends Market Research All rights Reserved. 2021 ©

  3. The regions covered in the report are Americas, Europe, Asia Pacific and Middle East & Africa; along with the analysis of major countries in each region. The Americas is set to be the leading region for the cryptocurrency market growth followed by Europe. The Asia Pacific and MEA are set to be the emerging regions. India is set to be the most attractive destination and in Africa, the popularity and the usage of various cryptocurrencies are expected to increase in the coming years. The MEA market revenue is expected to reach $3.02 billion by 2022. The major countries covered in this report are the US, Canada, Argentina, the UK, Germany, Italy, France, Poland, China, Japan, Singapore, Vietnam, GCC Countries, Africa and Others. Vertical Analysis: Day-to-day, the consumer’s demands are changing and they are looking for the best and less time-consuming services to make their life easier. With these changes, the industry players have started moving towards the online business services and are adopting mobile based technology in their business units to reach their customer demands. In the current market scenario, the rise of online transactions has led the demand for the cryptocurrency and blockchain technology market. The major verticals covered are BFSI, retail, media & entertainment, gaming industry, healthcare, travel & tourism, transportation & logistics and education. Globally, the industry players are showing interest towards the blockchain and crypto-currency acceptance and making a partnership and discussing with value chain players in order to understand the benefits of blockchain technology. Additionally, few of the verticals have already started the acceptance of crypto-currencies (e.g. Bitcoin) as a payment option. Especially, the retail industry is set to be the leading vertical after BFSI for the crypto-currencies acceptance and the retail market revenue is expected to reach $10,447.2 million by 2022. Get Full Access Report Summary Buy Now @https://www.trendsmarketresearch.com/checkout/9796/Single Key Players: Zebpay, Coinsecure, Coinbase, Bitstamp Ltd., Litecoin, Poloniex Inc., Bitfury Group Limited, Unocoin, Ripple, Bitfinex, Global Area Holding Inc., BTL Group Ltd., Digital Limited, IBM Corp., Microsoft Corp. and other predominate and niche players. Trends Market Research All rights Reserved. 2021 ©

  4. Competitive Analysis: In the current market scenario, the crypto-currency and blockchain technology market is at a nascent stage. But, a lot of new players are entering the market as it holds huge business opportunities. Especially, new start-ups are coming with new products/services in the market and they are expecting to see a double-digit growth in the upcoming years. In this space, venture funding in this market is expected to grow and collaborations, merger & acquisition activities are expected to continue. Value XX$ 2020 2021 2022 2023 2024 2025 2026 2027 Axis Title Benefits: The report provides complete details about the usage and adoption rate of crypto-currency and blockchain technology in various industry verticals and regions. With that, key stakeholders can know about the major trends, drivers, investments, vertical player’s Trends Market Research All rights Reserved. 2021 ©

  5. initiatives, government initiatives towards the crypto-currency market adoption in the upcoming years. In other end, the report provides details about the major challenges that are going to impact on the market growth. Furthermore, the report gives the complete details about the key business opportunities to key stakeholders to expand their business and capture the revenue in the specific verticals. In addition, each vertical provides the key reason for the crypto-currency adoption, key opportunities, and government bodies information. This will help the key stakeholders to analyze before investing or expanding the business in this market. Request for Table of Contents@https://www.trendsmarketresearch.com/report/discount/9796 We are a UK-based market intelligence company that operates out of its passion to help brands grow, discover, and transform. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined - we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves. Contact Us: One Vincent Square Westminster, London SW1P 2PN United Kingdom Email: sales@trendsmarketresearch.com Website: https://www.trendsmarketresearch.com Trends Market Research All rights Reserved. 2021 ©

  6. Trends Market Research All rights Reserved. 2021 ©

  7. 1Research Methodology Trends Market Research All rights Reserved. 2021 ©

  8. 1.1Primary Research The global Digital Advertising Market is derived using a mix of bottom up and top down approach. To derive the global number for 2015 to 2019, the country wise revenue has been analyzed and summed up to Resources the regional market, which were further added up to Resources global market. Thus, each region has been considered as the separate market and validated using data triangulation • Historic estimation is an iterative process triangulated by multiple factors which include and not limited to adoption of Titanium 3D Printing Medical Devices, regulatory policies, prices of Titanium 3D Printing Medical Devices, and economic development of each country • Growth rate of the market has been determined by analyzing the trend of the parent and ancillary markets. Moreover, other factors such as research initiatives, funding overview, and regulatory framework in various countries have also been taken into consideration to derive the market growth rate • Pricing data was collected via actual quotes from manufacturers and company press releases on regional level. To avoid discrepancies in the pricing of various countries, regional prices have been considered for market estimation • For forecasting, the following parameters were considered: The base year considered for Digital Advertising Market is 2019. Market size from 2015-2019 are the actual revenues with forecasts from 2020 to 2026 • As a part of company policy, we do not investigate publicly available reports, as these reports are not always coherent, sometimes even contradicting in their declarations of value. Also, we don’t have access to their reports • Manufacturers do not generally specify clientele, as it constitutes critical strategic information • Major players in the market were identified through primary as well as secondary research • Market drivers and restraints along with their current and expected impact has been taken into consideration • Trends Market Research All rights Reserved. 2021 ©

  9. Inflation has not been taken into consideration while estimating the market • Financial data has been only provided for publicly listed companies. The information for privately held companies is sourced from the company websites and other reliable paid data sources • 1.2Secondary data sources List of secondary sources includes but is not limited to: Hoover’s • Factiva • Investor Presentations • Company Annual Reports • Many Others • Trends Market Research All rights Reserved. 2021 ©

More Related