Press release
Cryptocurrency And Blockchain Technology Market Opportunity Assessment 2016-2022
Cryptocurrency is a digital currency that utilizes cryptography techniques to make the transactions secure and to limit the creation of additional units of currency. Cryptocurrency is decentralized and there is no third-party/central body/governing body involved in producing new currency, verifying transactions, and protecting the currency supply. The blockchain acts as a ledger that shows the transaction activities between the peers. Cryptocurrency opts as a future revenue stream in the digital finance world. Furthermore, cryptocurrency is not bound by any rules or regulations of any specific government or exchange rates, interest rates, and country to country transaction fee, which makes international transactions faster. The prime drivers of the cryptocurrency market include proper security, authentication and ease of transactions. The Cryptocurrency and Blockchain technology allows the users to send exactly what they want without involvement of third party. Globally, more than 70% of the mobile phone users prefer transactions over their phones, which is one of the major drivers for the cryptocurrency market growth.
Get Sample Copy Of The Report: https://www.trendsmarketresearch.com/report/sample/9796
Market Analysis:
The “Worldwide Crypto-currency and Blockchain Technology Market” is estimated to witness a CAGR of 35.2% during the forecast period 2016–2022. The crypto-currency market is analyzed based on two segments – verticals and regions. The increasing online transaction, less transaction fees, easy and faster transaction, changing consumer and business landscape have led the demand for the market growth.
Regional Analysis:
The regions covered in the report are Americas, Europe, Asia Pacific and Middle East & Africa; along with the analysis of major countries in each region. The Americas is set to be the leading region for the cryptocurrency market growth followed by Europe. The Asia Pacific and MEA are set to be the emerging regions. India is set to be the most attractive destination and in Africa, the popularity and the usage of various cryptocurrencies are expected to increase in the coming years. The MEA market revenue is expected to reach $3.02 billion by 2022. The major countries covered in this report are the US, Canada, Argentina, the UK, Germany, Italy, France, Poland, China, Japan, Singapore, Vietnam, GCC Countries, Africa and Others.
Vertical Analysis:
Day-to-day, the consumer’s demands are changing and they are looking for the best and less time-consuming services to make their life easier. With these changes, the industry players have started moving towards the online business services and are adopting mobile based technology in their business units to reach their customer demands. In the current market scenario, the rise of online transactions has led the demand for the cryptocurrency and blockchain technology market. The major verticals covered are BFSI, retail, media & entertainment, gaming industry, healthcare, travel & tourism, transportation & logistics and education. Globally, the industry players are showing interest towards the blockchain and crypto-currency acceptance and making a partnership and discussing with value chain players in order to understand the benefits of blockchain technology. Additionally, few of the verticals have already started the acceptance of crypto-currencies (e.g. Bitcoin) as a payment option. Especially, the retail industry is set to be the leading vertical after BFSI for the crypto-currencies acceptance and the retail market revenue is expected to reach $10,447.2 million by 2022.
Request For Report Discount: https://www.trendsmarketresearch.com/report/discount/9796
Key Players:
Zebpay, Coinsecure, Coinbase, Bitstamp Ltd., Litecoin, Poloniex Inc., Bitfury Group Limited, Unocoin, Ripple, Bitfinex, Global Area Holding Inc., BTL Group Ltd., Digital Limited, IBM Corp., Microsoft Corp. and other predominate and niche players.
Competitive Analysis:
In the current market scenario, the crypto-currency and blockchain technology market is at a nascent stage. But, a lot of new players are entering the market as it holds huge business opportunities. Especially, new start-ups are coming with new products/services in the market and they are expecting to see a double-digit growth in the upcoming years. In this space, venture funding in this market is expected to grow and collaborations, merger & acquisition activities are expected to continue.
Benefits:
The report provides complete details about the usage and adoption rate of crypto-currency and blockchain technology in various industry verticals and regions. With that, key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, government initiatives towards the crypto-currency market adoption in the upcoming years. In other end, the report provides details about the major challenges that are going to impact on the market growth. Furthermore, the report gives the complete details about the key business opportunities to key stakeholders to expand their business and capture the revenue in the specific verticals. In addition, each vertical provides the key reason for the crypto-currency adoption, key opportunities, and government bodies information. This will help the key stakeholders to analyze before investing or expanding the business in this market.
Make an Inquiry before Buying: https://www.trendsmarketresearch.com/checkout/9796/Single
Contact Us:
One Vincent Square
Westminster, London SW1P 2PN
United Kingdom Phone: +442033221521
Email: sales@trendsmarketresearch.com
Website: https://www.trendsmarketresearch.com
Company Overview
We are a UK-based market intelligence company that operates out of its passion to help brands grow, discover, and transform. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined - we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.
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 Cryptocurrency And Blockchain Technology Market Opportunity Assessment 2016-2022 here
News-ID: 1903475 • Views: …
More Releases for Analysis:
Morphine Market Insights, Pricing Analysis, Study Analysis, PESTEL Analysis 2024 …
In recent years, the global Morphine Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Morphine Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis,…
Propolis Market - PEST Analysis, TOP-DOWN Analysis, BOTTOM-UP Analysis
The Insight Partners has added the latest report on Propolis Market. This report offers you a PEST Analysis, TOP-DOWN Analysis, BOTTOM-UP Analysis, Financial Performance, Strategic Developments & Key Insights. The report also shares market performance both in terms of volume and revenue and this factor which is useful & helpful to the business.
The "Global Propolis Market Analysis to 2028" is a specialized and in-depth study of the food and beverages…
C5ISR Market: Key Competitors, SWOT Analysis, Business opportunities, Trend Anal …
The global C5ISR market size was valued at $117.68 Billion in 2020 and is expected to reach $160.65 Billion by 2028 growing at the CAGR of 3.80% from 2021 to 2028.
To request a free sample, Go To: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005272
Global C5ISR Drivers:
The high demand for situational awareness and analysis in a battlefield operation to provide real-time information about the video, sensor and mission information is expected to propel the C5ISR market…
India PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Report La …
As per International Monetary Fund (IMF) India’s real gross domestic product is expected to grow at a CAGR of 7.66% from it’s 2015 level of INR 113575.30 billion and reach 190437.24 billion by 2022.
India, officially the Republic of India, is a country in South Asia. It is the seventh-largest country by area, the second-most populous country with over 1.3 billion people, and the most populous democracy in the…
Ecuador PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Report …
As per International Monetary Fund (IMF) Ecuador’s real gross domestic product is expected to grow at a CAGR of 0.13% % from it’s 2015 level of USD 70.354 billion and reach USD 70.989 billion by 2022.
Ecuador, officially the Republic of Ecuador, is a representative democratic republic in north-western South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean to the west. Ecuador…
Cyber Security Market Analysis - Demand, Scope, Analysis, & Market size, Growth …
Cyber security is associated with information technology and network security, which emphasizes on protecting networks, data from unauthorized access, and processors curriculum. The confidential data of government, financial institutions, and defense is collected and stored in computers and is further transferred across networks. Cyber security guards the private and confidential data from the threat of cyber attack. Also, increasing threats such virus deployment, computer intrusion (hacking), and denial of services…
