Cryptocurrency - Global Market Outlook (2020-2028)

July 2021 | 150 pages | ID: C39490D034B1EN
Stratistics Market Research Consulting

Abstracts

According to Stratistics MRC, the Global Cryptocurrency Market is accounted for $1.49 billion in 2020 and is expected to reach $2.99 billion by 2028 growing at a CAGR of 9.1% during the forecast period. The high inflow of remittances to developing countries is propelling growth in venture capital investments is driving the market growth. However, lack of awareness and technical understanding regarding crypto currencies are hampering the growth of the market.

A crypto currency is a digital or virtual currency that is protected by cryptography, which makes it nearly difficult to counterfeit or double-spend. Many cryptocurrencies are reorganized networks based on blockchain technology a distributed ledger imposed by a dissimilar network of computers.

Based on the process, the mining segment is going to have lucrative growth during the forecast period. Mining is an essential process for the transmission, generation and authentication of transactions in cryptocurrencies. It authorizes secure, stable and safe propagation of the currency from a spender to a receiver. Not like fiat currency, where a centralized authority controls and legalizes the transactions, cryptocurrencies are decentralized and work on a peer-to-peer system. By geography, Asia Pacific is going to have high growth during the forecast period. China is the largest market among all APAC countries, due to the low cost of electricity, and existence of big mining companies.

Some of the key players profiled in the Cryptocurrency Market include Binance, Advanced Micro Devices Inc Bitfury Group Limited, Bitgo, Bitmain Technologies Ltd, Bitstamp Ltd, Canaan Creative Co Ltd, Coinbase, Ethereum Foundation, Ifinex Inc, Intel, Nvidia, Ripple, Xilinx and Zhejiang Ebang Communication Co., Ltd.

Offerings Covered:

• Hardware
• Software

Process’s Covered:

• Transaction
• Mining
• Vaults
• Encryption

Types Covered:

• Bitcoin
• Bitcoin Cash
• Cardano
• Dashcoin
• Ether (ETC)
• Ether Classic
• Ethereum
• Litecoin (Ltc)
• Ripple (Xrp)
• Tether
• Other Types

Design Goals Covered:

• Digital Cash Coins

End Users Covered:

• Banking, financial services and insurance (BFSI)
• Commerce
• Education
• Gaming Industry
• Healthcare
• Media And Entertainment
• Peer-To-Peer Payment
• Remittance
• Retail & Ecommerce
• Transportation & Logistics
• Travel & Tourism

Regions Covered:

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia
• New Zealand
• South Korea
• Rest of Asia Pacific
• South America
• Argentina
• Brazil
• Chile
• Rest of South America
• Middle East & Africa
• Saudi Arabia
• UAE
• Qatar
• South Africa
• Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
• Comprehensive profiling of additional market players (up to 3)
• SWOT Analysis of key players (up to 3)
• Regional Segmentation
• Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
• Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Contents

1 EXECUTIVE SUMMARY

2 PREFACE

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions

3 MARKET TREND ANALYSIS

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 PORTERS FIVE FORCE ANALYSIS

4.1 Bargaining Power Of Suppliers
4.2 Bargaining Power Of Buyers
4.3 Threat Of Substitutes
4.4 Threat Of New Entrants
4.5 Competitive Rivalry

5 GLOBAL CRYPTOCURRENCY MARKET, BY OFFERING

5.1 Introduction
5.2 Hardware
  5.2.1 Application-Specific Integrated Circuit (ASIC)
  5.2.2 Field Programmable Gate Array (FPGA)
  5.2.3 Graphical Processing Units (GPUs)
  5.2.4 Storage
5.3 Software
  5.3.1 Trading Software
  5.3.2 Mining Software
  5.3.3 Coin Walltet
  5.3.4 Blockchain

6 GLOBAL CRYPTOCURRENCY MARKET, BY PROCESS

6.1 Introduction
6.2 Transaction
  6.2.1 Exchange
  6.2.2 Paper Wallet
  6.2.3 Web Wallet
6.3 Mining
  6.3.1 Cloud Mining
  6.3.2 Pool Mining
  6.3.3 Solo Mining
6.4 Vaults
6.5 Encryption

7 GLOBAL CRYPTOCURRENCY MARKET, BY TYPE

7.1 Introduction
7.2 Bitcoin
7.3 Bitcoin Cash
7.4 Cardano
7.5 Dashcoin
7.6 Ether (ETC)
7.7 Ether Classic
7.8 Ethereum
7.9 Litecoin (LTC)
7.10 Ripple (XRP)
7.11 Tether
7.12 Other Types
  7.12.1 Dash
  7.12.2 Dogecoin
  7.12.3 Moneor

8 GLOBAL CRYPTOCURRENCY MARKET, BY DESIGN GOAL

8.1 Introduction
8.2 Digital Cash Coins
  8.2.1 General Platform Tokens
  8.2.2 Payment Infrastructure Tokens
  8.2.3 Securities Tokens
  8.2.4 Utility Tokens

9 GLOBAL CRYPTOCURRENCY MARKET, BY END USER

9.1 Introduction
9.2 Banking, Financial Services and Insurance (BFSI)
9.3 Real Estate
9.4 Education
9.5 Gaming Industry
9.6 Healthcare
9.7 Media And Entertainment
9.8 Peer-To-Peer Payment
9.9 Remittance
9.10 Retail & Ecommerce
  9.10.1 Overstock
  9.10.2 Newegg
  9.10.3 Cryptopet
  9.10.4 Beesbros
  9.10.5 Bitgild
9.11 Transportation & Logistics
9.12 Travel & Tourism

10 GLOBAL CRYPTOCURRENCY MARKET, BY GEOGRAPHY

10.1 Introduction
10.2 North America
  10.2.1 US
  10.2.2 Canada
  10.2.3 Mexico
10.3 Europe
  10.3.1 Germany
  10.3.2 UK
  10.3.3 Italy
  10.3.4 France
  10.3.5 Spain
  10.3.6 Rest of Europe
10.4 Asia Pacific
  10.4.1 Japan
  10.4.2 China
  10.4.3 India
  10.4.4 Australia
  10.4.5 New Zealand
  10.4.6 South Korea
  10.4.7 Rest of Asia Pacific
10.5 South America
  10.5.1 Argentina
  10.5.2 Brazil
  10.5.3 Chile
  10.5.4 Rest of South America
10.6 Middle East & Africa
  10.6.1 Saudi Arabia
  10.6.2 UAE
  10.6.3 Qatar
  10.6.4 South Africa
  10.6.5 Rest of Middle East & Africa

11 KEY DEVELOPMENTS

11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies

12 COMPANY PROFILING

12.1 Binance
12.2 Advanced Micro Devices Inc.
12.3 Bitfury Group Limited
12.4 Bitgo
12.5 Bitmain Technologies Ltd
12.6 Bitstamp Ltd
12.7 Canaan Creative Co. Ltd
12.8 Coinbase
12.9 Ethereum Foundation
12.10 Ifinex Inc
12.11 Intel
12.12 Nvidia
12.13 Ripple
12.14 Xilinx
12.15 Zhejiang Ebang Communication Co., Ltd

List Of Tables

LIST OF TABLES

Table 1 Global Cryptocurrency Market Outlook, By Region (2019-2028) (US $MN)
Table 2 Global Cryptocurrency Market Outlook, By Offering (2019-2028) (US $MN)
Table 3 Global Cryptocurrency Market Outlook, By Hardware (2019-2028) (US $MN)
Table 4 Global Cryptocurrency Market Outlook, By Application-Specific Integrated Circuit (ASIC) (2019-2028) (US $MN)
Table 5 Global Cryptocurrency Market Outlook, By Field Programmable Gate Array (FPGA) (2019-2028) (US $MN)
Table 6 Global Cryptocurrency Market Outlook, By Graphical Processing Units (GPUs) (2019-2028) (US $MN)
Table 7 Global Cryptocurrency Market Outlook, By Storage (2019-2028) (US $MN)
Table 8 Global Cryptocurrency Market Outlook, By Software (2019-2028) (US $MN)
Table 9 Global Cryptocurrency Market Outlook, By Trading Software (2019-2028) (US $MN)
Table 10 Global Cryptocurrency Market Outlook, By Mining Software (2019-2028) (US $MN)
Table 11 Global Cryptocurrency Market Outlook, By Coin Walltet (2019-2028) (US $MN)
Table 12 Global Cryptocurrency Market Outlook, By Blockchain (2019-2028) (US $MN)
Table 13 Global Cryptocurrency Market Outlook, By Process (2019-2028) (US $MN)
Table 14 Global Cryptocurrency Market Outlook, By Transaction (2019-2028) (US $MN)
Table 15 Global Cryptocurrency Market Outlook, By Exchange (2019-2028) (US $MN)
Table 16 Global Cryptocurrency Market Outlook, By Paper Wallet (2019-2028) (US $MN)
Table17 Global Cryptocurrency Market Outlook, By Web Wallet (2019-2028) (US $MN)
Table 18 Global Cryptocurrency Market Outlook, By Mining (2019-2028) (US $MN)
Table 19 Global Cryptocurrency Market Outlook, By Cloud Mining (2019-2028) (US $MN)
Table 20 Global Cryptocurrency Market Outlook, By Pool Mining (2019-2028) (US $MN)
Table 21 Global Cryptocurrency Market Outlook, By Solo Mining (2019-2028) (US $MN)
Table 22 Global Cryptocurrency Market Outlook, By Vaults (2019-2028) (US $MN)
Table 23 Global Cryptocurrency Market Outlook, By Encryption (2019-2028) (US $MN)
Table 24 Global Cryptocurrency Market Outlook, By Type (2019-2028) (US $MN)
Table 25 Global Cryptocurrency Market Outlook, By Bitcoin (2019-2028) (US $MN)
Table 26 Global Cryptocurrency Market Outlook, By Bitcoin Cash (2019-2028) (US $MN)
Table 27 Global Cryptocurrency Market Outlook, By Cardano (2019-2028) (US $MN)
Table 28 Global Cryptocurrency Market Outlook, By Dashcoin (2019-2028) (US $MN)
Table 29 Global Cryptocurrency Market Outlook, By Ether (ETC) (2019-2028) (US $MN)
Table 30 Global Cryptocurrency Market Outlook, By Ether Classic (2019-2028) (US $MN)
Table 31 Global Cryptocurrency Market Outlook, By Ethereum (2019-2028) (US $MN)
Table 32 Global Cryptocurrency Market Outlook, By Litecoin (LTC) (2019-2028) (US $MN)
Table 33 Global Cryptocurrency Market Outlook, By Ripple (XRP) (2019-2028) (US $MN)
Table 34 Global Cryptocurrency Market Outlook, By Tether (2019-2028) (US $MN)
Table 35 Global Cryptocurrency Market Outlook, By Other Types (2019-2028) (US $MN)
Table 36 Global Cryptocurrency Market Outlook, By Dash (2019-2028) (US $MN)
Table 37 Global Cryptocurrency Market Outlook, By Dogecoin (2019-2028) (US $MN)
Table 38 Global Cryptocurrency Market Outlook, By Moneor (2019-2028) (US $MN)
Table 39 Global Cryptocurrency Market Outlook, By Design Goal (2019-2028) (US $MN)
Table 40 Global Cryptocurrency Market Outlook, By Digital Cash Coins (2019-2028) (US $MN)
Table 41 Global Cryptocurrency Market Outlook, By General Platform Tokens (2019-2028) (US $MN)
Table 42 Global Cryptocurrency Market Outlook, By Payment Infrastructure Tokens (2019-2028) (US $MN)
Table 43 Global Cryptocurrency Market Outlook, By Securities Tokens (2019-2028) (US $MN)
Table 44 Global Cryptocurrency Market Outlook, By Utility Tokens (2019-2028) (US $MN)
Table 45 Global Cryptocurrency Market Outlook, By End User (2019-2028) (US $MN)
Table 46 Global Cryptocurrency Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2019-2028) (US $MN)
Table 47 Global Cryptocurrency Market Outlook, By Real Estate (2019-2028) (US $MN)
Table 48 Global Cryptocurrency Market Outlook, By Education (2019-2028) (US $MN)
Table 49 Global Cryptocurrency Market Outlook, By Gaming Industry (2019-2028) (US $MN)
Table 50 Global Cryptocurrency Market Outlook, By Healthcare (2019-2028) (US $MN)
Table 51 Global Cryptocurrency Market Outlook, By Media And Entertainment (2019-2028) (US $MN)
Table 52 Global Cryptocurrency Market Outlook, By Peer-To-Peer Payment (2019-2028) (US $MN)
Table 53 Global Cryptocurrency Market Outlook, By Remittance (2019-2028) (US $MN)
Table 54 Global Cryptocurrency Market Outlook, By Retail & Ecommerce (2019-2028) (US $MN)
Table 55 Global Cryptocurrency Market Outlook, By Overstock (2019-2028) (US $MN)
Table 56 Global Cryptocurrency Market Outlook, By Newegg (2019-2028) (US $MN)
Table 57 Global Cryptocurrency Market Outlook, By Cryptopet (2019-2028) (US $MN)
Table 58 Global Cryptocurrency Market Outlook, By Beesbros (2019-2028) (US $MN)
Table 59 Global Cryptocurrency Market Outlook, By Bitgild (2019-2028) (US $MN)
Table 60 Global Cryptocurrency Market Outlook, By Transportation & Logistics (2019-2028) (US $MN)
Table 61 Global Cryptocurrency Market Outlook, By Travel & Tourism (2019-2028) (US $MN)
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.