Virtual Currency Market Sets the Table for Continued Growth | Bitmain, NVIDIA, Xilinx, Intel

The latest study released on the global 'Virtual Currency' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Virtual Currency' 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 about the competitors.

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Some of the key players profiled in the study are:
Bitmain (China), NVIDIA (United States), Xilinx (United States), Intel (United States), Advanced Micro Devices (United States), Ripple Labs (United States), Ethereum Foundation (Switzerland),, Bitfury Group (Netherlands), Coinbase (United States), BitGo (United States),
Virtual currency or money is unregulated digital money which is printed on a paper or engraved on metal. This virtual currency is allotted and organized by the developers and used by specific virtual communities. Virtual currency exists in the virtual world, these currencies are used to purchase real-world services and goods, but do not have a valid tender. Virtual currency is also called as digital cash. This currency includes some cryptographic calculation. In addition, these offer a convenient way to perform transitions without the involvement of banks and provide worldwide financial integration. Increase in production of malicious software and recognition of virtual currencies by the developed countries drive the market.

In February 2018, AMD launched the EPYC Embedded 3000 series processor and AMD Ryzen Embedded V1000 processor that deliver high performance, exceptional integration, and on-chip security.
In December 2017, NVIDIA introduced TITAN V, the world’s most powerful GPU for PC, driven by the world’s most advanced GPU architecture, NVIDIA Volta. TITAN V excels at computational processing for scientific simulation. Its 21.1 billion transistors deliver 110 teraflops of raw horsepower, 9 times that of its predecessor, and extreme energy efficiency.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Virtual Currency Market various segments and emerging territory.

Influencing Market Trend
• Increasing Adoption of Gamification and Social Media
• Increasing Adoption of Virtual Currency for the Payment
Market Drivers
• Transparency of Distributed Ledger Technology
• Acceptance of Different Economies Globally
• Recognition of Virtual Currencies by the Developed Nations
• Fluctuations in Monetary Regulations
• Growth in Venture Capital Investments
Opportunities:
• Significant Growth Opportunities in Emerging and Developed Markets
• Acceptance of Virtual Currency across Various Industries
Challenges:
• Concern Regarding Security, Privacy, and Control
• Technical Challenges Pertaining to Scalability

Analysis by Type (Bitcoin, Peercoin, Primecoin, Dogecoin, Litecoin, Dash), Application (Trading, Remittance, Payment), Software Type (Mining Platform, Blockchain, Coin Wallet, Exchange), Process Type (Mining, Transaction), Hardware Type (Asic, Gpu, FPGA, Wallet)

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The regional analysis of Global Virtual Currency Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

In July 2014, the New York State Department of Financial Services proposed the most comprehensive regulation of virtual currencies to date commonly referred to as a Bit License. Unlike the US federal regulators, it has gathered input from bitcoin supporters and the financial industry through public hearings and a comment period until October 21, 2014, to customize the rules. The proposal, per NY DFS press release “sought to strike an appropriate balance that helps protect consumers and root out illegal activity”. It has been criticized by smaller companies to favor established institutions, and Chinese bitcoin exchanges have complained that the rules are "overly broad in its application outside the United States"

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/89878-global-virtual-currency-market?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global Virtual Currency market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Virtual Currency market.

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About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

This release was published on openPR.