DUBLIN, Feb. 11, 2021 /PRNewswire/ — The “Global Cryptocurrency Market By Offering (Hardware & Software), By Process (Mining & Transaction), By Type (Bitcoin, Etgereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin, Others), By End User, By Company, By Region, Forecast & Opportunities, 2026” report has been added to ResearchAndMarkets.com’s offering.
The 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 the 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 2020 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 2020 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: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Global Cryptocurrency Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Offering (Hardware & Software)
220.127.116.11. By Hardware (GPU, FPGA, ASIC & CPU)
18.104.22.168. By Software (Mining Platform, Coin Wallet, Exchange)
5.2.2. By Process (Mining & Transaction)
5.2.3. By Type (Bitcoin, Etgereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin, Others)
5.2.4. By End User (Banking, Real Estate, Stock Market & Virtual Currency)
5.2.5. By Company
5.2.6. By Region
5.3. Market Attractiveness Index
6. Asia-Pacific Cryptocurrency Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Offering
6.2.2. By Process
6.2.3. By Type
6.2.4. By End User
6.2.5. By Country
6.3. Asia-Pacific: Country Analysis
6.3.1. China Cryptocurrency Market Outlook