Cryptocurrency Market Demand, Supply and Price Analysis forecast 2019 to 2024
According to a research report published in August 2019, the Cryptocurrency Market was valued at USD 856.36 Billion in the year 2018. Key factors facilitating high demand of cryptocurrencies include high remittances in developed countries, increasing fluctuation in monetary regulations, and growth in venture capital investments coupled rising awareness among the investors especially in emerging nations. According to the research report, global cryptocurrency market is projected to display robust growth represented by a CAGR of 11.9% during 2019-2024.
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Bitcoin currency holds the major share in the market owing to the growing awareness among Asian investors coupled with availability of larger returns is proliferating the market growth. Moreover, growing usage of alternative currencies such as Ethereum, Ripple and Bitcoin Cash due to their captivating features and models has been major factors backing the growth in the industry. Amongst the regions, Europe accounts for the largest regional share in the global Cryptocurrency market. Key factors driving the robust growth rate in European region include presence of enormous consumer base, and legalization of cryptocurrencies as a medium of exchange in many countries coupled with growing internet penetration, supplementing the market growth of Cryptocurrencies in the region.
Scope of the Report
Global Cryptocurrency Market (Actual Period: 2017-2018, Forecast Period: 2019-2024)
- Market Sizing, Growth, Forecast
- Analysis by Type: Bitcoin, Ethereum, Ripple, Litecoin, Others
- Analysis by Constituents: Exchanges, Mining, Wallet, Payments
- Competitive Landscape: Market Share Analysis
Regional Cryptocurrency Markets: North America, Europe, APAC and Rest of the World (Actual Period: 2013-2017, Forecast Period: 2018-2024)
Country Cryptocurrency Market Analysis - U.S, Canada, Mexico, Germany, France, UK, Italy, Spain China, Japan, India (Actual Period: 2013-2017, Forecast Period: 2018-2024)
Buy complete Cryptocurrency Market report at :
The report titled Global Cryptocurrency Market: Analysis By Type (HDPE, LDPE, Others), End-User Industry (Packaging, Construction, Automotive, Electronics & Electrical, Household Appliances, Others), By Region, By Country (2018 Edition): Opportunities and Forecast (2013-2023) - By Region (N. America, Europe, APAC, ROW), By Country (U.S., Canada, Germany, UK, France, Italy, China, Japan, India) has covered and analyzed the potential of Global Cryptocurrency Market and provides statistics and information on market size, shares and growth factors.
Other Report Highlights
Market Dynamics Drivers and Restraints
Company Analysis: Bitmain Technologies, BitGo, NVIDIA Corporation, Ripple Networks, Coinbase and Others.
All the reports that we list have been tracking the impact of COVID-19 the market.
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