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Cryptocurrency Market Overview 2023 - Nvidia, Xilinx, Intel, Advanced Micro Devices, Ripple Labs, Microsoft, Alphapoint Corporation, Bitgo, Coinbase Inc., Bitfury Group

09-24-2018 11:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Cryptocurrency Market Overview 2023 - Nvidia, Xilinx, Intel,

Cryptocurrency is defined as a medium of exchange that is created and managed through cryptography to secure the transactions, regulate the formation of new units, increase the supply, and prevent fraud. Unlike cash, these currencies are purely digital and used in online transitions. The first digital currency Bitcoin was introduced in 2009, however Bitcoin was noticed by mainstream media only in 2012. Bitcoin and the other digital currencies are decentralized systems, which means they have no central authority. The cryptocurrency market has grown about four times in market capitalization over the last 2 years.

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TOP COMPANY PROFILES

• NVIDIA
• XILINX
• INTEL
• ADVANCED MICRO DEVICES
• RIPPLE LABS
• MICROSOFT
• ALPHAPOINT CORPORATION
• BITGO
• COINBASE INC.
• BITFURY GROUP

The factor that drive the market growth are negligible fees for transaction in cryptocurrency exchange, elimination of third parties in business deals, and less chances of fraud & identity theft. However, unawareness about the cryptocurrency among people is a restraint for the market growth. The introduction of blockchain technology in order to implement more secure and flexible financial services in cryptocurrency market is expected to witness lucrative opportunity for the market.

The global cryptocurrency market is segmented based on offering, end-user and geography. Based on offering, it is classified into hardware and software. Based on end-use, it is categorized into Peer‐to-Peer Payment, Remittance, E-Commerce, and Retail, Media and Entertainment, and Others. Geographically, it is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

For more details, visit: https://www.alliedmarketresearch.com/crypto-currency-market

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning. Technologically sophisticated and reliable insights through well audited and veracious research methodology. Sovereign research proceeds that present a tangible depiction of the marketplace

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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