Press release
Cryptocurrency Payment Solutions Market Projected to Hit USD 4,240.80 Billion by 2034, Expanding at a CAGR of 31.0%
Cryptocurrency Payment Solutions Market
Market Overview
Cryptocurrency when utilized as a way of payment is basically a value token or a tool which can be interchanged online for commodities and services. Blockchain, which is a decentralized technology, is the primary technology of cryptocurrencies and handles and registers transactions covering a mesh of computers. Cryptocurrency enthusiasts favor it for its possibility to become the currency for the time to come, its capacity to eliminate central mediations from payment value chain and an elevated degree of safety provided by blockchain payment systems.
Get Exclusive Sample Pages of This Report:
https://www.polarismarketresearch.com/industry-analysis/cryptocurrency-payment-solutions-market/request-for-sample
Major Market Players
The market report covers the prominent key contenders and recent advancements. Some of the prominent players operating in the market include:
• ALFAcoins
• B2BINPAY
• BitPay
• BTCPay Server
• Coinbase
• CoinGate
• CoinPayments Inc.
• CoinsPaid
• Cryptopay Ltd.
• KuCoin
• NOWPayments
• Stripe, Inc.
Cryptocurrency Payment Solutions Market Report Highlights
• In terms of cryptocurrency type, the Bitcoin segment dominated the market in 2024 due to its widespread recognition and established infrastructure supporting peer-to-peer transactions.
• Based on payment gateways, the online payment processors segment accounted for a major share of the market in 2024 due to the increasing adoption of e-commerce platforms and the surge in cross-border digital transactions.
• In the global market, North America accounted for a major market share in 2024 due to its advanced digital infrastructure, high rate of cryptocurrency adoption, and supportive regulatory developments.
• The market in Asia Pacific is expected to grow at a rapid pace in the coming years, owing to the rapid digitization of financial services and widespread mobile internet penetration.
Request for a Discount on this Report Before Purchase:
https://www.polarismarketresearch.com/industry-analysis/cryptocurrency-payment-solutions-market/request-for-discount-pricing
Market Drivers
Growing Penetration of Smartphones: The surging reach of smartphones worldwide is pushing the demand for cryptocurrency payment solutions. For instance, as per the Groupe Spéciale Mobile Association (GSMA) yearly State of Mobile Internet Connectivity Report 2023, more than 54% of the worldwide population possesses a smartphone, and the number is anticipated to increase in the near future. Smartphones offer an attainable and agreeable platform for users to handle digital assets such as cryptocurrencies, fueling the cryptocurrency payment solutions market expansion.
Growing Government Directives: Governments worldwide are initiating clear directives for the usage of digital assets such as cryptocurrencies to push conviction amongst businesses and consumers in crypto payment systems. These structures is also encouraging more bodies and service providers to enter the market.
Market Segments
The cryptocurrency payment solutions market is segmented into cryptocurrency type, payment gateways, deployment mode, industry vertical, and region.
Based on cryptocurrency type, the Bitcoin segment acquired the largest market share in 2024, owing to its extensive identification and established framework support peer-to-peer agreements.
Based on payment gateways, the online payment processors segment accounted for a major market share in 2024 due to the growing acquisition of e-commerce platforms and rise in cross-border crypto payments.
By Cryptocurrency Type Outlook (Revenue, USD Billion, 2020-2034)
• Bitcoin
• Ethereum
• Stablecoins
• Others
By Payment Gateways Outlook (Revenue, USD Billion, 2020-2034)
• Online Payment Processors
• Mobile Payment Solutions
• Point-of-Sale (POS) Systems
By Deployment Mode Outlook (Revenue, USD Billion, 2020-2034)
• Cloud-Based
• On-Premises
• Hybrid
By Industry Vertical Outlook (Revenue, USD Billion, 2020-2034)
• Retail & E-Commerce
• Hospitality
• Gaming & Entertainment
• BFSI
• Healthcare
• Others
Explore The Complete Comprehensive Report Here:
https://www.polarismarketresearch.com/industry-analysis/cryptocurrency-payment-solutions-market
Key Regions and Countries
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
More Trending Latest Reports by Polaris Market Research:
Legal AI Software Market
https://www.polarismarketresearch.com/industry-analysis/legal-ai-software-market
Pharmacy Automation Market
https://www.polarismarketresearch.com/industry-analysis/global-pharmacy-automation-market
AI Data Center Market
https://www.polarismarketresearch.com/industry-analysis/ai-data-center-market
Custom Software Development Market
https://www.polarismarketresearch.com/industry-analysis/custom-software-development-market
Contact:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter
About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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 Payment Solutions Market Projected to Hit USD 4,240.80 Billion by 2034, Expanding at a CAGR of 31.0% here
News-ID: 4018733 • Views: …
More Releases from Polaris Market Research & Consulting
AI Robot Dog Market Expected to Reach USD 2,760.67 million by 2034 with Strong 1 …
The quantitative market research report published by Polaris Market Research on AI Robot Dog Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, AI Robot Dog Market size, financial data, and projected future growth. All the…
Automated Storage & Retrieval System (ASRS) Market to Reach USD 20,241.30 millio …
The quantitative market research report published by Polaris Market Research on Automated Storage and Retrieval System (ASRS) Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, Automated Storage and Retrieval System (ASRS) Market size, financial data,…
Industrial Fasteners Market to Hit USD 146.83 Billion by 2034 at 4.40% CAGR
The quantitative market research report published by Polaris Market Research on Industrial fasteners Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, Industrial fasteners Market size, financial data, and projected future growth. All the information presented…
Digital Map Market Projected to Reach USD 107.79 Billion by 2034, Growing at 14. …
The quantitative market research report published by Polaris Market Research on Digital Map Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, Digital Map Market size, financial data, and projected future growth. All the information presented…
More Releases for Payment
Evolving Market Trends In The Bitcoin Payment Ecosystem Industry: NFC-Enabled Cr …
The Bitcoin Payment Ecosystem Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Bitcoin Payment Ecosystem Market Size During the Forecast Period?
The market size of the Bitcoin payment ecosystem has seen swift acceleration in the past few years. Its growth is projected…
Payment Security Market : Increased Adoption of Digital Payment Modes Leading pl …
According to a recent report published by Allied Market Research, titled, "Payment Security Market by Component, Platform, Enterprise Size and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2030," the global payment security market size was valued at $17.64 billion in 2020, and is projected to reach $60.56 billion by 2030, growing at a CAGR of 13.2% from 2021 to 2030.
Download Free PDF Report Sample :
https://www.alliedmarketresearch.com/request-sample/10390
Payment security software is used…
Hosted Payment Gateway Segment dominates Payment Gateway Market - TechSci Resear …
Government initiatives towards digitization and surging popularity of digital payment to drive global payment gateway market through 2024
According to TechSci Research report, “Global Payment Gateway Market By Type, By Enterprise Size, By End-User, By Region, Competition, Forecast & Opportunities, 2024”, global payment gateway market is projected to grow at a CAGR of over 8% during 2019-2024, on account of increasing internet penetration, which is aiding growing demand for online transactions.…
Digital Payment Market by Component (Solutions (Payment Processing, Payment Gate …
Magarpatta SEZ, Pune, “ReportsnReports”, one of the world’s prominent market research firms has released a new report on Global Digital Payment Market. The report contains crucial insights on the market which will support the clients to make the right business decisions. This research will help both existing and new aspirants for Digital Payment Market to figure out and study market needs, market size, and competition. The report talks about the…
Digital Payment Market by Payment Gateway Solutions, Payment Wallet Solutions, P …
Digital Payment Market 2019-2025: In 2018, the global Digital Payment market size was xx million US$ and it is projected to surpass xx million US$ by the end of 2025, growing at a CAGR of 18.1% during 2019-2025.
Things Covered in Sample Report
> Deep Dive Strategy & Competition
> Deep Dive Data & Forecasting
> Executive Summary & Core Findings
Get a Quick Sample report at https://decisionmarketreports.com/request-sample?productID=1008739
The key players covered in…
Online Payment Gateway Market Analysis By 2028 | Amazon.com, Avenues India Pvt. …
Future Market Insights (FMI) has recently published a new research report on the online payment gateway market titled “Online Payment Gateway Market: Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028).” The report states that the growing prevalence of third party payment processes is expected to have a positive impact on the growth of the global market. Websites have always been a good source for channel merchants for generating revenue. Concentrating…
