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Cryptocurrency Market - Global Size & Upcoming Industry Trends

Global Cryptocurrency Market By Type ( Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Others ), By Application ( Transaction,Investment,Others ), By Region and Key Companies - Industry Analysis, Size, Share, Growth, Trends and Forecast 2021 – 2025

  • Report ID : IMR-14538 |
  • Category : Service Industry  |
  • Published Date : January 2021 |
  • Format :   IMR Report Formats   IMR Report Formats   IMR Report Formats

Global Cryptocurrency Market Overview

The global cryptocurrency market was valued at US$ 1.03 million by 2021 and is anticipated to reach USD 1.50 million in 2026, growing at a CAGR of 5.18% over the forecast period.

Cryptocurrency is a virtual or digital currency that employs cryptography to function as a stable and validated medium of trade. The word "crypto" means "hidden" or "encrypted." Cryptocurrency is a technology that uses a shared record-keeping mechanism called "Distributed Ledger" to allow for stable and checked transactions. Bitcoin was one of the first cryptocurrency to be invented. Alternate cryptocurrencies, also known as Altcoins, are later-developed currencies. Cryptocurrency is a futuristic idea that serves as an alternative to the current monetary system's fiat money.

Cryptocurrency Market Dynamics

Low ownership costs, faster transactions and safer transactions are just a few of the factors driving global business development. In addition, in the coming years, interest rates, minimal exchange rates, or charges for all foreign transactions are expected to fuel the cryptocurrency sector. However, the cryptocurrency market's development may be hampered by decentralized governance and regulations. Furthermore, higher risks associated with price volatility are likely to slow the global cryptocurrency market's development. On the other hand, higher adoption of bitcoins in developing countries, expanded interest in blockchain technologies, and a surge in demand for safer transactions across international borders are reportedly providing favorable opportunities for cryptocurrency advancements.

Companies working in the cryptocurrency industry can foresee substantial growth prospects in emerging economies (such as India, Brazil, and China) as well as developing economies (such as the United States, Japan, and Germany). The industry is expected to be driven by cryptocurrency adoption due to quicker remittance transfers, low fees, and a seamless and compliant transaction. While sending money to Africa from the United States or the United Kingdom, remittance fees are large, so cryptocurrency may be a good substitute. Furthermore, as people become more conscious of cryptocurrencies, it is being used more frequently, especially for payments related to small contracts, wages, and donations.

Market Segmentation

The global cryptocurrency market is categorized into various segments such as component, type, end-user, and geographical region.

By Type, Cryptocurrency has been segmented into:

  • Bitcoin (BTC)
  • Ether (ETH)
  • Litecoin (LTC)
  • Others

By Application, Cryptocurrency has been segmented into:

  • Transaction
  • Investment
  • Others

Regions and Countries Level Analysis:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
  • Asia-Pacific (China, India, Japan, Southeast Asia etc.)
  • South America (Brazil, Argentina etc.)
  • Middle East & Africa (Saudi Arabia, South Africa etc.)

Among these, Asia Pacific is likely to have the highest share in the entire cryptocurrency market over the forecast period. This industry is further divided into South Korea, China, Japan, and the Rest of APAC. China is the highest market among all APAC countries. Due to the reduced cost of electricity, the existence of leading mining companies, perfect weather conditions, and the availability of venture capital expenditures, the market in China is anticipated to be the highest revenue in Asia Pacific. 

Players Covered in Cryptocurrency market are :

  • ZEB IT Service
  • Coinsecure
  • Coinbase
  • Bitstamp
  • Litecoin
  • Poloniex
  • BitFury Group
  • Unocoin Technologies Private
  • Ripple
  • OKEX Fintech Company
  • Bitfinex

Key Developments Observed in the Market

  • In September 2018, Intel added a new Intel Programmable Acceleration Card (PAC) and the Intel Stratix 10 SX FPGA, Intel's most powerful FPGA, to its field-programmable gate array (FPGA) acceleration platform range. This high-bandwidth card takes advantage of the Intel Xeon CPU acceleration stack with FPGAs, giving data center developers a stable forum to deploy FPGA-based accelerated workloads.
  • In June 2018, Bitfury extended its global activities to Dubai, United Arab Emirates. The Dubai office reaffirms the company's dedication to developing a blockchain-based solution for governments, businesses, and organizations in the area.
  • In March 2018, NVIDIA unveiled a range of new innovations and collaborations that would extend its future inference market to 30 million hyper-scale servers around the world while lowering the cost of providing deep learning-powered services significantly.

Key Market Deliverables

  • Accurate growth rate of the global cryptocurrency market over the forecast period
  • Global cryptocurrency market size from 2019 to 2026
  • Leading manufacturing and software companies involved in the Cryptocurrency industry
  • Key current cryptocurrency industry trends will shape the market in the future
  • Major driving factors and opportunities in the target industry
  • Key niches at which players profiling with systematic plans, financials, and also recent advancements
  • Leading segments flourishing at the maximum growth rate while delivers experience a steady growth

Frequently Asked Questions :

Table of Content

1. Market Overview of Cryptocurrency
	1.1 Cryptocurrency Market Overview
		1.1.1 Cryptocurrency Product Scope
		1.1.2 Market Status and Outlook
	1.2 Cryptocurrency Market Size by Regions: 2015 VS 2021 VS 2026
	1.3 Cryptocurrency Historic Market Size by Regions (2015-2020)
	1.4 Cryptocurrency Forecasted Market Size by Regions (2021-2026)
	1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth (2015-2026)
		1.5.1 North America
		1.5.2 East Asia
		1.5.3 Europe
		1.5.4 South Asia
		1.5.5 Southeast Asia
		1.5.6 Middle East
		1.5.7 Africa
		1.5.8 Oceania
		1.5.9 South America
		1.5.10 Rest of the World
	1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
		1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
		1.6.2 Covid-19 Impact: Commodity Prices Indices
		1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Cryptocurrency Sales Market by Type (2015-2026)
	2.1 Global Cryptocurrency Historic Market Size by Type (2015-2020)
	2.2 Global Cryptocurrency Forecasted Market Size by Type (2021-2026)
	2.3 Bitcoin (BTC)
	2.4 Ether (ETH)
	2.5 Litecoin (LTC)
	2.6 Others
3. Covid-19 Impact Cryptocurrency Sales Market by Application (2015-2026)
	3.1 Global Cryptocurrency Historic Market Size by Application (2015-2020)
	3.2 Global Cryptocurrency Forecasted Market Size by Application (2021-2026)
	3.3 Transaction
	3.4 Investment
	3.5 Others
4. Covid-19 Impact Market Competition by Manufacturers
	4.1 Global Cryptocurrency Production Capacity Market Share by Manufacturers (2015-2020)
	4.2 Global Cryptocurrency Revenue Market Share by Manufacturers (2015-2020)
	4.3 Global Cryptocurrency Average Price by Manufacturers (2015-2020)
5. Company Profiles and Key Figures in Cryptocurrency Business
	5.1 ZEB IT Service
		5.1.1 ZEB IT Service Company Profile
		5.1.2 ZEB IT Service Cryptocurrency Product Specification
		5.1.3 ZEB IT Service Cryptocurrency Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.2 Coinsecure
		5.2.1 Coinsecure Company Profile
		5.2.2 Coinsecure Cryptocurrency Product Specification
		5.2.3 Coinsecure Cryptocurrency Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.3 Coinbase
		5.3.1 Coinbase Company Profile
		5.3.2 Coinbase Cryptocurrency Product Specification
		5.3.3 Coinbase Cryptocurrency Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.4 Bitstamp
		5.4.1 Bitstamp Company Profile
		5.4.2 Bitstamp Cryptocurrency Product Specification
		5.4.3 Bitstamp Cryptocurrency Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.5 Litecoin
		5.5.1 Litecoin Company Profile
		5.5.2 Litecoin Cryptocurrency Product Specification
		5.5.3 Litecoin Cryptocurrency Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.6 Poloniex
		5.6.1 Poloniex Company Profile
		5.6.2 Poloniex Cryptocurrency Product Specification
		5.6.3 Poloniex Cryptocurrency Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.7 BitFury Group
		5.7.1 BitFury Group Company Profile
		5.7.2 BitFury Group Cryptocurrency Product Specification
		5.7.3 BitFury Group Cryptocurrency Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.8 Unocoin Technologies Private
		5.8.1 Unocoin Technologies Private Company Profile
		5.8.2 Unocoin Technologies Private Cryptocurrency Product Specification
		5.8.3 Unocoin Technologies Private Cryptocurrency Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.9 Ripple
		5.9.1 Ripple Company Profile
		5.9.2 Ripple Cryptocurrency Product Specification
		5.9.3 Ripple Cryptocurrency Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.10 OKEX Fintech Company
		5.10.1 OKEX Fintech Company Company Profile
		5.10.2 OKEX Fintech Company Cryptocurrency Product Specification
		5.10.3 OKEX Fintech Company Cryptocurrency Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.11 Bitfinex
		5.11.1 Bitfinex Company Profile
		5.11.2 Bitfinex Cryptocurrency Product Specification
		5.11.3 Bitfinex Cryptocurrency Production Capacity, Revenue, Price and Gross Margin (2015-2020)
6. North America
	6.1 North America Cryptocurrency Market Size (2015-2026)
	6.2 North America Cryptocurrency Key Players in North America (2015-2020)
	6.3 North America Cryptocurrency Market Size by Type (2015-2020)
	6.4 North America Cryptocurrency Market Size by Application (2015-2020)
7. East Asia
	7.1 East Asia Cryptocurrency Market Size (2015-2026)
	7.2 East Asia Cryptocurrency Key Players in North America (2015-2020)
	7.3 East Asia Cryptocurrency Market Size by Type (2015-2020)
	7.4 East Asia Cryptocurrency Market Size by Application (2015-2020)
8. Europe
	8.1 Europe Cryptocurrency Market Size (2015-2026)
	8.2 Europe Cryptocurrency Key Players in North America (2015-2020)
	8.3 Europe Cryptocurrency Market Size by Type (2015-2020)
	8.4 Europe Cryptocurrency Market Size by Application (2015-2020)
9. South Asia
	9.1 South Asia Cryptocurrency Market Size (2015-2026)
	9.2 South Asia Cryptocurrency Key Players in North America (2015-2020)
	9.3 South Asia Cryptocurrency Market Size by Type (2015-2020)
	9.4 South Asia Cryptocurrency Market Size by Application (2015-2020)
10. Southeast Asia
	10.1 Southeast Asia Cryptocurrency Market Size (2015-2026)
	10.2 Southeast Asia Cryptocurrency Key Players in North America (2015-2020)
	10.3 Southeast Asia Cryptocurrency Market Size by Type (2015-2020)
	10.4 Southeast Asia Cryptocurrency Market Size by Application (2015-2020)
11. Middle East
	11.1 Middle East Cryptocurrency Market Size (2015-2026)
	11.2 Middle East Cryptocurrency Key Players in North America (2015-2020)
	11.3 Middle East Cryptocurrency Market Size by Type (2015-2020)
	11.4 Middle East Cryptocurrency Market Size by Application (2015-2020)
12. Africa
	12.1 Africa Cryptocurrency Market Size (2015-2026)
	12.2 Africa Cryptocurrency Key Players in North America (2015-2020)
	12.3 Africa Cryptocurrency Market Size by Type (2015-2020)
	12.4 Africa Cryptocurrency Market Size by Application (2015-2020)
13. Oceania
	13.1 Oceania Cryptocurrency Market Size (2015-2026)
	13.2 Oceania Cryptocurrency Key Players in North America (2015-2020)
	13.3 Oceania Cryptocurrency Market Size by Type (2015-2020)
	13.4 Oceania Cryptocurrency Market Size by Application (2015-2020)
14. South America
	14.1 South America Cryptocurrency Market Size (2015-2026)
	14.2 South America Cryptocurrency Key Players in North America (2015-2020)
	14.3 South America Cryptocurrency Market Size by Type (2015-2020)
	14.4 South America Cryptocurrency Market Size by Application (2015-2020)
15. Rest of the World
	15.1 Rest of the World Cryptocurrency Market Size (2015-2026)
	15.2 Rest of the World Cryptocurrency Key Players in North America (2015-2020)
	15.3 Rest of the World Cryptocurrency Market Size by Type (2015-2020)
	15.4 Rest of the World Cryptocurrency Market Size by Application (2015-2020)
16 Cryptocurrency Market Dynamics
	16.1 Covid-19 Impact Market Top Trends
	16.2 Covid-19 Impact Market Drivers
	16.3 Covid-19 Impact Market Challenges
	16.4 Porter’s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
	18.1 Research Methodology
		18.1.1 Methodology/Research Approach
		18.1.2 Data Source
	18.2 Disclaimer
List of Table

                Table Global Market Size and Forecast by Geography with Growth Rate, 2016-2026
                Table Global Market Size and Forecast by Type with Growth Rate, 2016-2026
                Table Global Market Size and Forecast by End-Use with Growth Rate, 2016-2026
                Table Global Production Amount Status and Growth Rate by Geography, 2016-2020, in Million USD
                Table Global Market Amount and Growth Rate by Geography, 2016-2020, in Million USD
                Table Asia-Pacific Production Amount Status and Growth Rate by Region, 2016-2020, in Million USD
                Table North America Production Amount Status and Growth Rate by Region, 2016-2020, in Million USD
                Table South America Production Amount Status and Growth Rate by Region, 2016-2020, in Million USD
                Table Europe Production Amount Status and Growth Rate by Region, 2016-2020, in Million USD
                Table Middle East & Africa Production Amount Status and Growth Rate by Region, 2016-2020, in Million USD
                Table Asia-Pacific Market Amount and Growth Rate by Region, 2016-2020, in Million USD
                Table North America Market Amount and Growth Rate by Region, 2016-2020, in Million USD
                Table South America Market Amount and Growth Rate by Region, 2016-2020, in Million USD
                Table Europe Market Amount and Growth Rate by Region, 2016-2020, in Million USD
                Table Middle East & Africa Market Amount and Growth Rate by Region, 2016-2020, in Million USD
                Table Major Manufacturers Headquarters and Contact Information
                Table Major Manufacturers Production Amount List in 2018
                Table ZEB IT Service Overview List
                Table Cryptocurrency Business Operation of ZEB IT Service (Production Amount (Million USD), Cost, Gross Margin)
                Table Coinsecure Overview List
                Table Cryptocurrency Business Operation of Coinsecure (Production Amount (Million USD), Cost, Gross Margin)
                Table Coinbase Overview List
                Table Cryptocurrency Business Operation of Coinbase (Production Amount (Million USD), Cost, Gross Margin)
                Table Bitstamp Overview List
                Table Cryptocurrency Business Operation of Bitstamp (Production Amount (Million USD), Cost, Gross Margin)
                Table Litecoin Overview List
                Table Cryptocurrency Business Operation of Litecoin (Production Amount (Million USD), Cost, Gross Margin)
                Table Poloniex Overview List
                Table Cryptocurrency Business Operation of Poloniex (Production Amount (Million USD), Cost, Gross Margin)
                Table BitFury Group Overview List
                Table Cryptocurrency Business Operation of BitFury Group (Production Amount (Million USD), Cost, Gross Margin)
                Table Unocoin Technologies Private Overview List
                Table Cryptocurrency Business Operation of Unocoin Technologies Private (Production Amount (Million USD), Cost, Gross Margin)
                Table Ripple Overview List
                Table Cryptocurrency Business Operation of Ripple (Production Amount (Million USD), Cost, Gross Margin)
                Table OKEX Fintech Company Overview List
                Table Cryptocurrency Business Operation of OKEX Fintech Company (Production Amount (Million USD), Cost, Gross Margin)
                Table Bitfinex Overview List
                Table Cryptocurrency Business Operation of Bitfinex (Production Amount (Million USD), Cost, Gross Margin)
                Table Global Production Amount List by Manufacturers, 2016-2020, in Million USD
                Table Global Production Amount Share List by Manufacturers, 2016-2020, in Million USD
                Table Global Market Status and Growth Rate by Product Type Segment, 2016-2020, in Million USD
                Table Global Market Status and Growth Rate by End-Use Segment, 2016-2020, in Million USD
                Table Global Market Forecast by Region Segment 2021-2026, in Million USD
                Table Global Market Amount by Product Type Segment 2021-2026, in Million USD
                Table Global Market Amount by End-Use Segment 2021-2026, in Million USD


List of Figure

                Figure Cryptocurrency Picture List
                Figure Global Market Size and Forecast with Growth Rate, 2016-2026
                Figure Global Production Amount Status and Growth Rate, 2016-2020, in Million USD
                Figure Global Market Amount and Growth Rate, 2016-2020, in Million USD
                Figure Asia-Pacific Production Amount Status and Growth Rate, 2016-2020, in Million USD
                Figure North America Production Amount Status and Growth Rate, 2016-2020, in Million USD
                Figure South America Production Amount Status and Growth Rate, 2016-2020, in Million USD
                Figure Europe Production Amount Status and Growth Rate, 2016-2020, in Million USD
                Figure Middle East & Africa Production Amount Status and Growth Rate, 2016-2020, in Million USD
                Figure Asia-Pacific Market Amount and Growth Rate, 2016-2020, in Million USD
                Figure North America Market Amount and Growth Rate, 2016-2020, in Million USD
                Figure South America Market Amount and Growth Rate, 2016-2020, in Million USD
                Figure Europe Market Amount and Growth Rate, 2016-2020, in Million USD
                Figure Middle East & Africa Market Amount and Growth Rate, 2016-2020, in Million USD
                Figure Global Market Size and Growth Rate, 2016-2020, in Million USD
                Figure Global Competition Sketch Overview
                Figure Global Production Amount Share by Manufacturers in 2020, in Million USD
                Figure Global Market Amount and Growth Rate in Bitcoin (BTC), 2016-2020, in USD Million
                Figure Global Market Amount and Growth Rate in Ether (ETH), 2016-2020, in USD Million
                Figure Global Market Amount and Growth Rate in Litecoin (LTC), 2016-2020, in USD Million
                Figure Global Market Amount and Growth Rate in Others, 2016-2020, in USD Million
                Figure Global Market Amount and Growth Rate in Transaction, 2016-2020, in USD Million
                Figure Global Market Amount and Growth Rate in Investment, 2016-2020, in USD Million
                Figure Global Market Amount and Growth Rate in Others, 2016-2020, in USD Million
                Figure Cost Component Ratio
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