openPR Logo
Press release

Cryptocurrency Market: Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025

08-07-2017 01:52 PM CET | IT, New Media & Software

Press release from: Persistence Market Research

Cryptocurrency Market: Global Industry Trend Analysis 2012

Currently, the customers demand are changing and they are looking more towards less time consuming financial services to make their life easier and effortless. For this, they are moving more towards online businesses like online transactions such as Cryptocurrency. Cryptocurrency is a virtual currency that people use for various purchases. It is a medium of exchange using cryptography so as to secure the transactions and to control the creation of additional units of the currency.

Get access to full summary @: http://www.persistencemarketresearch.com/market-research/cryptocurrency-market.asp

Cryptocurrency is a future and new revenue stream in the digital finance world. Cryptocurrency address is established using public and private keys. It is politically neutral as it is not bound by any rules or regulations of any specific government or exchange rates, interest rates, and country to country transaction fee, which makes international transactions faster. Moreover, it has low transaction fees and provides faster operation.

Cryptocurrency is said to be more secure than conventional financial instruments, eliminating the chances of identity theft and other issues that currently plague fiat based electronic payments infrastructure.

Cryptocurrency Market: Drivers and Challenges

Cryptocurrency provides proper security, authentication, and ease of transactions allowing the cryptocurrency holder to send exactly what he wants without any further information which is one of the major driver of the market. However, the increasing online transaction as mobile phone users prefer transactions over their phones, less transaction fees, easy and faster transaction, changing consumer and business landscape have led the demand for the market growth. Apart from these the rising online business market and use of mobile based wallet are also one of the drivers.

Major population of the world are still unaware of the benefits of digital currency. Lack of widespread adoption and capacity limits, which are currently being addressed by micro-payment channels are hindering the growth of the market.

Cryptocurrency Market: Segmentation

On the basis of end-user, Cryptocurrency market can be segmented into BFSI, retail, media & entertainment, gaming industry, healthcare, travel & tourism, transportation & logistics and education.

On the basis of region, Cryptocurrency market can be segmented into North America, Latin America, Western Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.

Cryptocurrency Market: Regional Outlook

North America and Europe market is in advanced stage of adoption of Cryptocurrency. However, the Asia Pacific and MEA are expected to the emerging regions. In the countries like India and Africa, the popularity and the usage of various cryptocurrencies are expected to increase in the coming years.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/16741

Key Market Players:

Some of the leading players of Cryptocurrency market are: Coinbase, Bitstamp Ltd., Coinsecure, Litecoin, Poloniex Inc., Zeb IT Service Pvt Ltd, Bitfury Group Limited, Unocoin, Ripple, Bitfinex, Global Area Holding Inc., BTL Group Ltd., Digital Limited, IBM Corp. and Microsoft Corp.

However, there are a lot of new players entering the market as it holds huge business opportunities.

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

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 Market: Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025 here

News-ID: 657803 • Views:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for Cryptocurrency

Cryptocurrency Market Report 2024 - Cryptocurrency Market Size, Growth And Analy …
"The Business Research Company recently released a comprehensive report on the Global Cryptocurrency Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of
MLM Cryptocurrency Software & Network Marketing
In today's rapidly evolving digital landscape, the intersection of multi-level marketing (MLM) and cryptocurrency has given rise to a powerful synergy. MLM cryptocurrency software, the backbone of this fusion, is changing the way businesses operate and revolutionizing network marketing. This article delves into the world of MLM cryptocurrency software, explaining what it is, its benefits, compensation plans, and challenges, and offering insights into making informed choices. Introduction to MLM Cryptocurrency Software MLM,
Algorithmic Cryptocurrency Trading Platform Aesir Adds Support for top cryptocur …
United States, July 02, 2023 / OpenPr/ - Cryptocurrency trading bot platform Aesir adds Coinbase and Kraken to the list of supported exchanges. Crypto trading platform Aesir unveils support for top cryptocurrency exchanges Coinbase and Kraken. Users can now algorithmically trade cryptocurrency on Binance, Coinbase and Kraken using Aesir's brand new trading platform. Aesir (https://aesircrypto.com) provides a unique, user-friendly platform that empowers individuals to develop, test and run algorithmic trading strategies on
Cryptocurrency Plants For Our Future
In the scenic hinterland behind world famous Byron Bay lies cleared paddocks, once a thriving subtropical wilderness. To the public eye, the drive through Ewingsdale is beautiful, covered in rolling hills and trees along the roadside. Beyond the preserved couple of trees for show, there are huge paddocks from old dairy farms cleared 150 years ago. This clearing and cattle farming has caused mass erosion, extinction and endangerment of native
Cryptocurrency Trading
In today’s world we have to stay ahead if we don’t want to become the so called “obsolete” to clarify further, we live in a world where we are embarking upon many new technological ideas and concepts of life, that will make our way of life more efficient, safe and secure. One of those technological revolutions is the blockchain and cryptocurrency industry. As we all know blockchain is the foundation
Buy DigitalOcean server with cryptocurrency
xClouder.co – a new product from ExchangeCoin Team is here. ExchangeCoin delivers again! This time something which wasn’t planned in our roadmap but we have decided to give it a try. Meet xClouder.co – simple, powerful and anonymous cloud hosting, delivered by the most trusted providers. For a start, we offer Digital Ocean servers. How does it work? Quite the same as buying the server with Digital Ocean but here you don’t need