Press release
Cryptocurrency and Blockchain Market Trends, Business Overview, Industry Growth and Forecast to 2028
The global cryptocurrency and blockchain market are anticipated to grow at a CAGR of nearly 35.0% during the forecast period (2022-2028). The major factor expected to drive the market growth is the rising venture capital funding and investments in blockchain technology. Furthermore, a rise in demand for remittances in developing countries, an increase in data security, and an improved market capitalization will further drive the market growth. Moreover, the untapped potential of emerging economies and increase in demand for cryptocurrency among banks, and financial institutions are encouraging the growth of the market. Additionally, blockchain has great potential in various application areas, such as banking, cybersecurity, and IoT (Internet of Things). These are some causes that propel the growth of the market during the forecast period.Some major players in the market include Amazon Web Services Inc. (AWS), Advanced Micro Devices, Inc., and Huawei Technologies Co., Ltd., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in March 2021, Amazon Web Services Inc. notify the availability of Ethereum, a popular decentralized blockchain framework that established a peer-to-peer network allowing participants to transact without a trusted central authority on Amazon Managed Blockchain and enabled popular use cases such as decentralized finance (Defi), a network of financial applications built on blockchain networks. In addition, in September 2021, Huawei Technologies Co. announced that the company has updated its blockchain-based cloud service, Blockchain Service 2.0 (BCS 2.0). Further, the company added that the new and enhanced platform meets performance requirements of 50,000 Transactions Per Second (TPS), much higher than Bitcoin and Ethereum.
(Get 15% Discount on Buying this Report)
Get Sample Copy of Cryptocurrency and Blockchain Market at: https://orionmarketreports.com/request-sample/?id=96965&submit=Request+Sample%0D%0A
Market Coverage
•The market number available for - 2021-2028
•Base year- 2021
•Forecast period- 2022-2028
•Segment Covered-
•By Component
•By Organization Size
•By Application
•Regions Covered-
•North America
•Europe
•Asia-Pacific
•Rest of the World
Competitive Landscape- Amazon Web Services Inc., Advanced Micro Devices, Inc., and Huawei Technologies Co., Ltd., among others.
A full report Cryptocurrency and Blockchain Market of is available at: https://orionmarketreports.com/cryptocurrency-and-blockchain-market/96965/
Global Cryptocurrency and Blockchain Market Report by Segment
By Component
•Platform
•Services
By Organization Size
•Large Enterprises
•SMEs
By Application
•Transportation and Logistics
•Healthcare and Life Science
•Banking, Financial Services, and Insurance (BFSI)
•IT and Telecom
•Retail and Ecommerce
•Government
•Others
Key questions addressed by the report
•What is the market growth rate?
•Which segment and region dominate the market in the base year?
•Which segment and region will project the fastest growth in the market?
•How has COVID-19 impacted the market?
•Deviation from the pre-COVID-19 forecast
•Most affected region and segment
•Who is the leader in the market?
•How players are addressing challenges to sustain growth?
•Where is the investment opportunity?
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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 Market Trends, Business Overview, Industry Growth and Forecast to 2028 here
News-ID: 2599141 • Views: …
More Releases from Orion Market Research
Document Outsourcing Services Market Size Unlocking New Opportunities for Succes …
In 2023, the Global Document Outsourcing Services Market was estimated at USD 9.81 billion, and by 2033, it is anticipated to reach approximately USD 24-25 billion, reflecting an approximate CAGR of around 12.2% from 2024 to 2033.
Document Outsourcing Services Market Overview
The Document Outsourcing Services Market is witnessing steady growth as organizations increasingly delegate document-intensive processes such as printing, scanning, storage, and data management to specialized service providers. Rising digital transformation…
Distribution Automation Market Analysis Current Landscape and Future Outlook
The global Distribution Automation Market was valued at USD 14.5 billion in 2023 and is projected to reach USD 31.7 billion by 2033, representing a compound annual growth rate (CAGR) of approximately 8.14% by 2033.
Distribution Automation Market Overview
Distribution Automation (DA) is transforming the power sector by integrating intelligent electronic devices, advanced communication networks, and real-time control software to enhance grid reliability and operational efficiency. Growing investment in smart grid modernization,…
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033.
Infrastructure as Code (IaC) Service Market Overview
The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market…
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033.
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview
The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,…
More Releases for Services
Managed Services by Ensure Services
Ensure Services is a leading managed services provider offering comprehensive IT support and solutions designed to streamline operations, improve efficiency, and reduce operational costs for businesses of all sizes. Our managed services are tailored to meet the unique needs of your organization, ensuring you can focus on your core business while we handle your IT infrastructure.
With years of experience and a team of certified professionals, we deliver proactive monitoring, ongoing…
Electrical Services Market Next Big Thing | Major Giants SSI Electrical Services …
A new business intelligence report released by AMA with title "Electrical Services Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Electrical Services Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and…
North & South America Commercial Services Market 2022 (Employment Services, Offi …
The Business Research Company’s Commercial Services Global Market Report 2019 covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. Ratios of market size and growth to related markets, GDP proportions, and expenditure per capita for the market is detailed in the report. Data and analysis throughout the…
AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & …
Kunal Repair & Services is growing on-demand home services platform in India and we are currently operating in Gurgaon. We offer an array of services which include AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & Repair, R.O Services & Repair, Microwave Services & Repair, Geyser Services & Repair. Our operating philosophy for solving this massive problem is - Right price.
To know why we do what we…
Electrical Services Market Technology and Outlook 2023 Top Companies are Allianc …
A report added to the rich database of Qurate Business Intelligence, titled “Global Electrical Services Market Size, Status and Forecast 2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context…
Electrical Services Market Size 2018: Alliance Electrical Services, Housejoy, Te …
In 2017, the global Electrical Services market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
This report focuses on the global Electrical Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electrical Services development in United States, Europe and China.
Get Sample Copy of this report @ http://www.orbisresearch.com/contacts/request-sample/2311492…
