Press release
New Research Report on Global Cryptocurrency Market 2018 Studied in Details by Top Companies - ZEB IT Service, Coinsecure, Coinbase, Bitstamp, Litecoin, Poloniex, BitFury Group
“A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.”Based on process, the cryptocurrency market has been segmented into mining and transaction. In the mining process, there is a greater requirement for hardware compared with the transaction process. Therefore, the market for hardware for mining process is larger than that for software. Furthermore, a miner can take part in this process with a small investment.
The global market is in incipient stage of development, finds ResearchNReports (RNR). The global market share is led by Bitcoin, attributed to widespread acceptance of the cryptocurrency in the payment system. Albeit, Litecoin as a cryptocurrency will gain immense traction over the forecast period, driven by the surge in popularity among users in recent years.
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Company Profiled in this Report: The Top Key Players operating in this Market includes ZEB IT Service, Coinsecure, Coinbase, Bitstamp, Litecoin, Poloniex, BitFury Group, Unocoin Technologies Private, Ripple, OKEX Fintech Company, Bitfinex.
Growth in this market can largely be attributed to factors such as transparency of distributed ledger technology, high remittances in developing countries, high cost of cross-border remittance, fluctuations in monetary regulations, and growth in venture capital investments. However, uncertain regulatory status, lack of awareness and technical understanding regarding cryptocurrency are expected to restrict the growth of the said market to a certain extent.
Reasons to Buy the Report:
• This report includes statistics pertaining to the market in terms of offering, process, type, application, and region, along with their respective market sizes.
• Major drivers, restraints, opportunities, and challenges for the cryptocurrency market have been provided in detail in this report.
• The report includes illustrative segmentation, analysis, and forecast for the market based on its segments and subsegments.
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The prime objective of this research report is to provide a deep insight into the global market for Cryptocurrency to the key market participants and assist them in making rewarding strategies to gain an edge over competitors.
The market in APAC is expected to hold the largest market during the forecast period. APAC is notable for its high adoption of cryptocurrency. This is attributed to the low cost of electricity in China and early adoption of cryptocurrency in Japan. China is the largest market among all APAC countries. Owing to the low cost of electricity, ideal weather conditions, presence of big mining companies, such Bitmain, Canaan Creative CO., LTD, and Ebang Communication, and availability of venture capital funding, the market in APAC is expected to be the largest for cryptocurrency.
Table of Contents
Global Cryptocurrency Market Research Report 2018-2023
Chapter 1 Global Cryptocurrency Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Cryptocurrency Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Cryptocurrency Market Forecast
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About Research N Reports:
Research N Reports is a new age market research firm where we focus on providing information that can be effectively applied. Today being a consumer driven market, companies require information to deal with the complex and dynamic world of choices. Where relying on a sound board firm for your decisions becomes crucial. Research N Reports specializes in industry analysis, market forecasts and as a result getting quality reports covering all verticals, whether be it gaining perspective on current market conditions or being ahead in the cut throat Global competition. Since we excel at business research to help businesses grow, we also offer consulting as an extended arm to our services which only helps us gain more insight into current trends and problems. Consequently, we keep evolving as an all-rounder provider of viable information under one roof.
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