DUBLIN–(BUSINESS WIRE)–Added the Global Cryptocurrency Market, By Type, By Process, By Application and By Region- Forecast and Analysis 2022-2028 report ResearchAndMarkets.com Offer.
The global cryptocurrency market was valued at USD 1,851 billion in 2021 and is expected to reach USD 32,530 billion by 2028, growing at a CAGR of 54.7% over the forecast period (2022-2028).
Top-down and bottom-up approaches have been used to estimate and validate the size of the global cryptocurrency market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: the major players in the market have been identified through secondary research and their market shares in each region have been determined through primary and secondary research.
This entire process includes studying the annual and financial reports of the top market participants and in-depth interviews for key insights from industry leaders such as CEOs, VPs, directors and marketing directors. All percentage share splits and breakdowns were determined using secondary sources and verified by primary sources. All possible parameters affecting the markets covered in this research study have been considered, considered in detail, verified through primary research and analyzed to arrive at the final quantitative and qualitative data.
Segments covered in this report
The global cryptocurrency market is segmented by type, process and application. Depending on the type, the market is categorized into Bitcoin, Ethereum, Bitcoin Cash, Ripple, and others. Based on the process, the market is categorized into Mining, Transaction. Depending on the application, the market is classified into trading, remittance, payment and other. By region, the global cryptocurrency market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Cryptocurrency is a type of digital asset used for secure transactions, access control, and verification of owner ownership. These currencies can be used to buy products and services instead of traditional currencies, making them very useful and increasing the demand and acceptance of cryptocurrencies in the international market.
The biggest challenge in the cryptocurrency sector is the lack of regulation of wealth production and value creation. This allows various operators to manipulate the value of cryptocurrencies to lure those unfamiliar with them and end up losing money in the market.
One of the factors fueling the expansion of the cryptocurrency sector is the growing desire for transparency and efficiency in the financial payment system. One of the trends that has been observed in recent years is the increasing internet penetration in many regions of the world as well as various technology companies offering trading opportunities through their trading platforms through mobile phones and PCs. Apart from all that, the legalization and approval for buying and investing in these cryptocurrencies are also driving the cryptocurrency market.
Main topics covered:
- Market Overview
- Root Market Analysis
- Market Overview
- market size
- Key Market Insights
- Market Dynamics & Outlook
- Global cryptocurrency market by type
- Global cryptocurrency market by process
- Global Cryptocurrency Market by Application
- Market Size by Region
- Important company profiles
Advanced Micro Devices (USA)
Ripple Labs (USA)
Ethereum Foundation (Switzerland)
Bitfury Group (Netherlands)
Binance Holdings (China)
Canaan Creative (China)
Ifinex (Hong Kong)
Ledger SAS (France)
Xapo (Hong Kong)
For more information about this report, visit https://www.researchandmarkets.com/r/vtazh0