openPR Logo
Press release

GLOBAL BITCOIN TECHNOLOGY MARKET TOP KEY PLAYERS ARE BITCOIN.TRAVEL, BTCS INC., BITPAGOS, BITPAY, BITFOO, EXPRESSCOIN, ANXBTC BITCOIN EXCHANGE, COINBASE, BLOCKSTREAM, INC.,BITSWIFT, AMAZON, BITCOINSHOP.US, WORDPRESS.COM AND HONEST BREW

01-30-2019 10:11 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

GLOBAL BITCOIN TECHNOLOGY MARKET TOP KEY PLAYERS

Bitcoin is a form of payment for services and products that has observed growth and merchants have an incentive to accept and work with the digital currency since fees are lower than 2-3%, normally forced by credit card processors. Digital currency is garnering increased mainstream acceptance, owing to Bitcoin, which even has the potential for transforming global financial transactions. In the present scenario, most of the online merchants and startup companies have already begun enjoying the anonymity and efficiency of bitcoin payments.

Technology
Bitcoin is a decentralized cryptocurrency, purely peer-to-peer version of electronic cash used for online transactions through digital unit of exchange, where transactions can be made between users without any middlemen. It works on a public ledger, which is called as a blockchain. The blockchain holds a decentralized record of all transactions that is updated and held by all the users of the network. Bitcoins exist either on a user's computer or in the cloud and are stored in a digital wallet. The wallet can be equated with a virtual bank account, which allows users to pay for goods, send or receive bitcoins, or save their money.

Request For Free Sample- www.kennethresearch.com/sample-request-10065131

Market Dynamics
There has been an increase in the adoption of the digital currency which drives the market. Also, growth of disposable income among the middle-income group as well as economic boom propels market growth. However, lack of proper valuation systems which subjects the bitcoin to high volatility in price and constantly fluctuating value of bitcoins according to demand limits the growth of this market. Yet, rise in awareness about benefits of bitcoin technology, which includes lesser transaction fees, no intermediaries or third-party involvement, daily cash outs, and others is projected to provide numerous opportunities for this market to grow. Apart from this, increase in adoption of this technology by most of the online merchants and start-up companies to cut overhead costs as compared to credit or debit card transactions is opportunistic for the market.

Market Segmentation
The global bitcoin technology market is segmented on the basis of services, industry verticals, and denominations. Going by services, the market is segmented into mining, BFSI, entertainment & media, and others. On the basis of industry verticals, the market is divided into payment & wallet services, bitcoin exchanges, and remittance services. The denominations segment include micro bitcoin, milli bitcoin, and bitcoin.

Geographic Analysis
By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The recent regulations and directives imposed by the European banking authorities has hugely impacted the Bitcoin market in Europe. However, owing to a huge base of bitcoin users, the market will witness growth in the North America region.

Key Players
The major players in the market are bitcoin.travel, BTCS Inc., Bitpagos, Bitpay, Bitfoo, Expresscoin, ANXBTC Bitcoin Exchange, Coinbase, Blockstream, Inc.,Bitswift, Amazon, Bitcoinshop.us, WordPress.com and Honest Brew.

Buy Now- www.kennethresearch.com/report-purchase-id-10065131

Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

Read More- www.kennethresearch.com/report-details/global-bitcoin-tec...

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us
1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018

Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release GLOBAL BITCOIN TECHNOLOGY MARKET TOP KEY PLAYERS ARE BITCOIN.TRAVEL, BTCS INC., BITPAGOS, BITPAY, BITFOO, EXPRESSCOIN, ANXBTC BITCOIN EXCHANGE, COINBASE, BLOCKSTREAM, INC.,BITSWIFT, AMAZON, BITCOINSHOP.US, WORDPRESS.COM AND HONEST BREW here

News-ID: 1547824 • Views: 408

More Releases from Kenneth Research

Latin America 3D printing in healthcare market – Industry Insights By Growth, …
The value of the 3D printing in healthcare market in Latin America is expected to reach a value of USD 1.97 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 21.82% during 2018-2023.3D printing can be defined as the process of building three-dimensional solid objects from digital designs. The creation of 3D printed objects is done using various additive processes. The additive process involves laying down successive
HOTEL INDUSTRY IN INDIA – INDUSTRY INSIGHTS BY GROWTH, EMERGING TRENDS AND FOR …
The Indian hospitality industry, spearheaded by the hotel market, has emerged as one of the primary sectors which are driving the economic growth of the country. In India, hotels are classified based on location (city hotels, airport motels, resorts, etc.), level of service (upscale, mid-market, and economy), and themes (boutique hotels, heritage hotels, etc.). Market insights: The hotel industry in India is expected to reach a value of INR 1,210.87 Bn by
Global software-as-a-service (SaaS) market key Vendors, Trends, Analysis, Segmen …
Software-as-a-service (SaaS) is a kind of cloud computing in which a third-party provider manages applications and makes them accessible to consumers over the internet. It removes the need for organisations to install and run applications on their computers or in their data centres, which eliminates the cost of hardware acquisition, provisioning and maintenance as well as software licensing, installation and support. The SaaS market is anticipated to grow at a
Global smart hospital market– Global Industry Analysis By Development, Size, S …
The smart hospital is a technological revolution in the healthcare industry which manages a large amount of available data and integrates different hospital delivery mechanisms. It makes use of the electronic patient records and streamlining processes, which lead to improved quality of life by reducing the risks to health (by remote monitoring) and improving the general well-being of people. Smart healthcare provides more patient-centric services that improve access to healthcare

All 2856 Releases


More Releases for Bitcoin

Bitcoin going down, purchases for Bitcoin - grows
Coin2Shop analysts have published data about the number of buyers who use BTC and ETH to pay for goods in online shops has increased. And if in August the number of users of the company's plug-in did not exceed 400 accounts, and the number of purchases for cryptocurrency was almost half less - 231 transactions from August 10 to September 10, then for the same dates from October to November
A Reporter’s Guide to Using Bitcoin Safely
While Bitcoin is a hot topic, many reporters want to help their readers understand how to use it safely. Joshua H has created an actionable infographic that simplifies the threats and outlines the ways to not get ripped off using Bitcoin. “Reporters have different readers, yet they need a simple way to help their audience stay safe using this new currency,” Joshua said. “So I created an infographic to do just that.” Reporters
Bitcoin Electricity Consumption – Part 2
The debate rages on as bitcoin electricity consumption increases… Earlier this year, we published an article on bitcoin electricity consumption, reporting how Iceland has become one of the top locations for cryptocurrency servers, which now exceed the consumption of private energy users. Now, the criticism amongst ecological circles and the debates around bitcoin electricity consumption have been fuelled by a paper by Alex de Vries of PwC’s Experience Center in Amsterdam. His
Global Bitcoin Technology Market (Micro Bitcoin, Milli Bitcoin, and Bitcoin) is …
Global Bitcoin Technology Market is estimated to grow at a CAGR of 7.26% over the period 2017 - 2022. Bitcoins exist either on a users computer or in the cloud and are stored in a digital wallet. The wallet is similar as virtual bank account, which allow users to pay for goods, send or receive bitcoins, or save their money.historical events, and the current market picture. Moreover, the report also
Bitcoin Market, An Apology for Blockchain
Decimal Point Analytics has published its weekly digest on 18 December titled “Bitcoin Market, An Apology for Blockchain” In this article it has posit a question, if the ongoing frenzy for Bitcoin crashes will that eventually cause users to shy away from the underlying technology of Blockchain? Bitcoin is a currency based on blockchain and is espoused to have all the properties of blockchain and is supposed to be decentralized. However when you
Buy and sell for Bitcoin in India
OyeDekh is the first Indian online classified startup website where anyone can buy and sell any goods and services for bitcoins. OyeDekh is also a Marketplace to buy, sell, rent, exchange, donate and advertise anything from anywhere. Here you can Post free ads, Local Finds and Advertise for free. We are having Facebook community also where manufacturer, wholesaler and reseller can advertise for free. User can also Whatsapp their