openPR Logo
Press release

Crypto Payment Gateway Market Set for Significant Growth: ~18.7% CAGR Expected by 2031

01-31-2024 11:13 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Crypto Payment Gateway Market

Crypto Payment Gateway Market

One of the major shifts in the present monetary system has been brought about by the advent of cryptocurrencies. Bitcoin was the first and most well-known cryptocurrency, and since then, numerous others have appeared. The crypto payment gateway industry, payments on blockchains, and blockchain processing are all changing quickly and steadily. The potential advantages of this paradigm shift for companies accepting cryptocurrencies are significant. Further, the crypto payment gateway market network is commonly used by companies of all sizes when they are searching for the best, safest, and quickest payment methods. The cryptocurrency payment gateway is a standout component of the blockchain ecosystem because it provides transaction transparency and lightning-fast speeds. Additionally, because banks and other middlemen are not involved in the payment process, blockchain's decentralized structure speeds up transactions while slowing down the payment processing system. This factors majorly contributes towards the growth of crypto payment gateway market.

According to the report published by Allied Market Research, the global crypto payment gateway market was estimated at $1.00 billion in 2021 and is expected to hit $5.4 billion by 2031, registering a CAGR of 18.7% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

๐‘น๐’†๐’’๐’–๐’†๐’”๐’• ๐‘บ๐’‚๐’Ž๐’‘๐’๐’† ๐‘ช๐’๐’‘๐’š ๐’๐’‡ ๐‘น๐’†๐’‘๐’๐’“๐’•- https://www.alliedmarketresearch.com/request-sample/32249

Covid-19 scenario-

Owing to an increase in requirement to communicate financial information with customers during the COVID-19 pandemic, there has been a noticeable surge in the usage of digital currencies by banks and financial organizations during the pandemic which impacted the global crypto payment gateway market positively.

Banks and the fintech sector were becoming increasingly interested in using cryptocurrencies to improve their operational processes and offer secure contactless payments that would accelerate the payment transaction process.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐˜๐จ๐ฎ๐ซ ๐„๐ฏ๐ž๐ซ๐ฒ ๐ƒ๐จ๐ฎ๐›๐ญ ๐‡๐ž๐ซ๐ž: https://www.alliedmarketresearch.com/purchase-enquiry/32249

The global crypto payment gateway market is analyzed across type, application, operating system, end user, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

By type, the web-based segment held the largest share in 2021, garnering more than half of global crypto payment gateway market revenue, and is projected to maintain its dominance by 2031. The mobile-based segment, on the other hand, would showcase the fastest CAGR of 20.6% during the forecast period.

By application, the iGaming segment contributed to nearly two-third of the global crypto payment gateway market share in 2021, and is projected to rule the roost by 2031. The e-stores segment, simultaneously, would display the fastest CAGR of 21.1% throughout the forecast period.

By operating system, the android segment accounted for the highest share in 2021, generating nearly two-third of the global crypto payment gateway market revenue. The iOS segment, simultaneously, would portray the fastest CAGR of 22.6% during the forecast period.

By end user, the business segment accounted for the highest share in 2021, generating more than half of the global crypto payment gateway market revenue. The individual segment, simultaneously, would portray the fastest CAGR of 22.3% during the forecast period

By region, the market across Asia-Pacific held the major share in 2021, garnering nearly two-fifths of the global crypto payment gateway market. Europe, on the other hand, would showcase the fastest CAGR of 22.7% from 2022 to 2031.

The key market players analyzed in the global crypto payment gateway market report include Apirone Oรœ, Binance, BitPay, Circle Internet Financial Limited, Coinbase, Coinomi, Coinremitter, Cryptopay Ltd., NVIDIA Corporation, and SecuX Technology Inc. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance and developments by the top players.

Key benefits for stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the data analytics in banking market analysis from 2021 to 2031 to identify the prevailing crypto payment gateway market opportunity.

The market research is offered along with information related to key drivers, restraints, and opportunities in the crypto payment gateway market forecast.

Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.

In-depth analysis of the crypto payment gateway market segmentation assists to determine the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global market.

Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

The report includes the analysis of the regional as well as global crypto payment gateway market trends, key players, market segments, application areas, and market growth strategies.

๐‘ฐ๐’‡ ๐’š๐’๐’– ๐’‰๐’‚๐’—๐’† ๐’‚๐’๐’š ๐’”๐’‘๐’†๐’„๐’Š๐’‚๐’ ๐’“๐’†๐’’๐’–๐’Š๐’“๐’†๐’Ž๐’†๐’๐’•๐’”, ๐’‚๐’”๐’Œ ๐’‡๐’๐’“ ๐’„๐’–๐’”๐’•๐’๐’Ž๐’Š๐’›๐’‚๐’•๐’Š๐’๐’๐’”: https://www.alliedmarketresearch.com/request-for-customization/32249

Crypto Payment Gateway Market Key Segments:

Type

Web-based
Mobile-based

Application

iGaming
E-Stores
Others

Operating System

Android
iOS
Others

End User

Individual
Business

By Region

North America (U.S., Canada)
Europe (UK, Germany, France, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, India, Australia, South Korea, Thailand, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)

๐Ž๐ญ๐ก๐ž๐ซ ๐“๐จ๐ฉ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐—•๐—™๐—ฆ๐—œ ๐ƒ๐จ๐ฆ๐š๐ข๐ง -

Buy Now Pay Later Market: https://www.alliedmarketresearch.com/buy-now-pay-later-market-A12528

B2B Payments Market: https://www.alliedmarketresearch.com/b2b-payments-market-A08183

Marine Insurance Market: https://www.alliedmarketresearch.com/marine-insurance-market-A11321

Travel Insurance Market: https://www.alliedmarketresearch.com/travel-insurance-market

Insurance Third Party Administrator Market: https://www.alliedmarketresearch.com/insurance-third-party-administrator-market-A12542

David Correa

1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA.

Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285

UK: +44-845-528-1300

India (Pune): +91-20-66346060 Fax: +1-800-792-5285 help@alliedmarketresearch.com
https://pooja-bfsi.blogspot.com/
https://steemit.com/@poojabfsi
https://www.quora.com/profile/Pooja-BFSI

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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 Crypto Payment Gateway Market Set for Significant Growth: ~18.7% CAGR Expected by 2031 here

News-ID: 3367621 • Views: โ€ฆ

More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices. Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529 What Are Urinary Drainage Bags? Urinary drainage bags are specialized medical devices designed to collectโ€ฆ
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031. The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growthโ€ฆ
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Billion by 2030; Growing at a CAGR of 17.2%
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil โ€ฆ
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario. Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strictโ€ฆ
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of 5.6%
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of โ€ฆ
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise inโ€ฆ

All 5 Releases


More Releases for Pay

Proximity Payment Market is Going to Boom | Major Giants Apple Pay, Google Pay, โ€ฆ
HTF MI just released the Global Proximity Payment Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach. ๐Œ๐š๐ฃ๐จ๐ซ Giants in Proximity Payment Market are: Apple Pay, Google Pay, Samsungโ€ฆ
Mobile Wallet (NFC, Digital Wallet) Market to Witness Stunning Growth | Apple Pa โ€ฆ
HTF MI recently introduced Global Mobile Wallet (NFC, Digital Wallet) Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Apple Pay, Google Pay, Samsung Pay, PayPal, Alipay, WeChat Pay,โ€ฆ
Unified Payments Interface (UPI) Market Is Booming Worldwide | Google Pay, Amazo โ€ฆ
The latest study released on the Global Unified Payments Interface (UPI) Market by AMA Research evaluates market size, trend, and forecast to 2028. The Unified Payments Interface (UPI) market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and aboutโ€ฆ
Unified Payments Interface (UPI) Market May See a Big Move | Major Giants Samsun โ€ฆ
The latest study released on the Global Unified Payments Interface (UPI) Market by AMA Research evaluates market size, trend, and forecast to 2027. The Unified Payments Interface (UPI) market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and aboutโ€ฆ
Samsung Pay Market is Booming Worldwide with Samsung Pay, Apple Pay, Google Pay
HTF Market Intelligence released a new research report of 23 pages on title 'Samsung Pay - Competitor Profile' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, LATAM, United States, GCC, Southeast Asia, Europe, APAC, United Kingdom, India or China etc and important players such as Samsung Pay, Apple Pay, Google Pay, Alipay, Tenpay, Samsung Electronics, Visa, Mastercard. Request a sample report @ https://www.htfmarketreport.com/sample-report/3587660-samsung-pay-competitor-profile Summary Samsungโ€ฆ
Mobile Payment Market may see a big Move: Apple Pay, Samsung Pay, Amazon Pay
A new business intelligence report released by HTF MI with title "Global Mobile Payment Market Report 2020" is designed covering micro level of analysis by manufacturers and key business segments. The Global Mobile Payment Market survey analysis 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 it comprises both qualitative and quantitative detailing. Someโ€ฆ