As on date of publishing, this report will capture the impact assessment of COVID-19 on this market and the same will be considered in our market forecast model. Clients purchasing this report between April and June 2020 will be getting a ‘free’ updated market data excel sheet between July and September 2020 accounting for the impact of COVID-19 on the market in the current year 2020 and forecast.

Global cryptocurrency market is expected to grow at a CAGR of close to 7% during the forecast period. High growth in venture capital investment is one of the key factors due to which the market is anticipated to rev up during the forecast years. Moreover, transparency and immutability of the distributed ledger technology is positively impacting the growth of market during the forecast period.

The global cryptocurrency market is segmented based on offering, process, type, end user, company, and region. Based on type, the market can be categorized into bitcoin, etgereum, bitcoin cash, ripple, dashcoin, litecoin, and others. Out of which, the bitcoin type segment dominated the market in 2019 and is expected to grow at the highest CAGR during the forecast period which can be attributed to Bitcoin’s advantage of being the pioneer in the field and; moreover, it is accepted worldwide.

Also, Ethereum witnessed significant growth until 2019 which can be accredited to the advantages offered by Ethereum over Bitcoin, which includes electronic cash, smart contract technology, and proof-of-stake. This is expected to drive the growth of the market for Ethereum.

The major players operating in the cryptocurrency market are Intel Corporation, NVIDIA Corporation, Microsoft Corporation, Xilinx, Inc., Advanced Micro Devices, Inc., AlphaPoint Corporation, Amazon.com, Inc., BitGo, BTL Group Ltd. (Blockchain Tech), BitFury Group, Coinbase UK, Ltd., 21 Inc., Ripple Labs Inc. and others. Launch of various hardware and software by the major market players is further contributing to the growing trend.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

To analyze and estimate the market size of global cryptocurrency market from 2015 to 2018.

To estimate and forecast the market size of global cryptocurrency market from 2019 to 2025 and growth rate until 2025.

To classify and forecast global cryptocurrency market based on offering, process, type, end user, company and regional distribution.

To identify dominant region or segment in the global cryptocurrency market.

To identify drivers and challenges for global cryptocurrency market.

To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global cryptocurrency market.

To conduct pricing analysis for global cryptocurrency market.

To identify and analyze the profile of leading players operating in global cryptocurrency market.

To identify key sustainable strategies adopted by market players in global cryptocurrency market.





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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of cryptocurrency traders across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the traders and presence of all major players across the globe.

TechSci Research calculated the market size of global cryptocurrency market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.





Key Target Audience:

Cryptocurrency traders

Market research and consulting firms

Government bodies such as regulating authorities and policy makers

Organizations, forums and alliances related to cryptocurrency

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as cryptocurrency traders, policy makers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global cryptocurrency market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Global Cryptocurrency Market, By Offering:

Hardware



Software

Global Cryptocurrency Market, By Process:

Mining



Transaction

Global Cryptocurrency Market, By Type:

Bitcoin



Etgereum



Bitcoin Cash



Ripple



Dashcoin



Litecoin



Others

Global Cryptocurrency Market, By End User:

Banking



Real Estate



Stock Market & Virtual Currency

Global Cryptocurrency Market, By Region:

North America



United States





Canada





Mexico



Europe



Germany





France





United Kingdom





Italy





Spain



Asia-Pacific



China





Japan





India





South Korea





Australia



Middle East & Africa



South Africa





Saudi Arabia





UAE



South America



Brazil





Argentina





Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global cryptocurrency market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global cryptocurrency market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com