Worldwide Cryptocurrency and Blockchain Market - PR

1. Global Cryptocurrency and BlockChain Market to Grow by CAGR of ~13% from 2023 – 2035; Increasing Adoption of BlockChain Technology and Wide Reception of Cryptocurrencies to Contribute to the Growth Kenneth Research published a report titled “Cryptocurrency and Blockchain Market: Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of the global cryptocurrency and blockchain market in terms of market segmentation by component, type, application, end-use, and by region. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market. The global cryptocurrency and blockchain market size is expected to grow from ~ USD 2 billion in 2023 to ~USD 5 billion by 2035. The expansion of the market is thought to begin with the growing adoption of blockchain technology worldwide for its effectiveness in tracing and verifying multistep transactions. Further, the gradual yet sure adoption of cryptocurrencies by banks and other financial institutions, the remittances to developing

2. countries, cybersecurity concerns, and counties taking a bitcoin-friendly outlook should entrench the market growth. For more information’s@ https://www.kennethresearch.com/report- details/cryptocurrency-and-blockchain-market/10352506 The global cryptocurrency and blockchain market is expected to grow at a CAGR of ~13% from 2023 – 2035. The market is segmented by type into bitcoin, ether, Litecoin, ripple, ether classic, and others. The considerable adoption of bitcoins should make it the segment with the largest market size by the end of 2035. This segmental growth mainly happens as a result of the limited supply and hence the great demand for bitcoins. The global cryptocurrency and blockchain market is divided into five major regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific should hold the largest market share by the end of 2035 for its expanding implementation of blockchain technology and cryptocurrencies. Several factors, including a significant presence of young investors and the unbanked, adoption of mobile payment practices, digital transformation, and a dedicated Chinese government, contribute to the adoption of this new technology involving digital currencies. The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

3. Market to Grow with Banks and Financial Services Adopting Blockchain Technology It is estimated that about 81% of central banks worldwide have the plan to launch their cryptocurrencies as of 2022. Unlike national currencies, cryptocurrencies are relatively safe from hacks and threats. Hence, banks that allow customers to save and invest their money as cryptocurrencies should help customers be at ease about the safety of their assets. Further, a banking regulation on cryptocurrencies should help strengthen the general public’s familiarity and trust with cryptocurrency transactions. However, the high implementation costs, peoples’ unfamiliarity with cryptocurrencies, and the negative narrative about cryptocurrency transactions indulging criminal activities for lack of a regulatory body are expected to operate as key restraints to the growth of the global cryptocurrency and blockchain market over the forecast period. This report also provides the existing competitive scenario of some of the key players of the global cryptocurrency and blockchain market which includes company profiling of International Business Machines Corporation (IBM Corp.), Microsoft Corporation, The Linux Foundation, Seeking Alpha Ltd, Chain, Inc., Circle Internet Financial Limited, Deloitte Touche Tohmatsu Limited, Digital Asset Holdings, LLC, Global Arena Holding, Inc., Monax Industries, Ltd, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global cryptocurrency and blockchain market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. Request Report Sample@ https://www.kennethresearch.com/sample-request- 10352506

4. Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties. Contact for more Info: AJ Daniel Email: sales@kennethresearch.com U.S. Phone: +1 313 462 0609