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Global Bitcoin for Construction Market Size study & Forecast, by Process Type (Mining and Transaction), by Application (Trading, Payment: Peer-to-Peer Payment), by End-User Industry (Mechanical and Electrical) and Regional Analysis, 2022-2029

April 2023 | 200 pages | ID: G75D9B5573D8EN
Bizwit Research & Consulting LLP

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Global Bitcoin for Construction Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Bitcoin for Construction refers to the application of cryptocurrencies in the construction sector to speed the payment cycle and faster completion and delivery of projects. Since cryptocurrencies are digital, they can be used to send instantaneous payments online. This helps to resolve cash flow problems and pave the way for automated payment methods like smart contracts, which enable the creation of quick payments with incentives that can boost productivity. Construction companies are also able to simply impose financial fines for late work or pay contractors quickly depending on appraisals. The increasing expansion of construction sector and growing focus towards faster project delivery are key factors driving the market growth.

The rising expansion of construction industry is contributing towards the growth of the Global Bitcoin for Construction Market. For instance – as per Oxford Economics estimates – during 2020, the global construction output was estimated at USD 10.7 trillion, and this amount is projected to grow by around 42 percent to reach USD 13.3 trillion, a further 15.2 trillion by 2030. Additionally, between 2020 and 2030, Asia Pacific will account for USD 2.5 trillion in construction output growth, increasing by more than 50% to become a USD 7.3 trillion market by 2030. Also, growing advancements in AI & Machine learning technologies as well as rising adoption of smart contracts across construction sector would create lucrative growth opportunities for the market over the forecast period. However, additional capital gain tax associated with cryptocurrency as well as no legal payment protection for transactions hinders the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Bitcoin for Construction Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players as well as increasing adoption of blockchain technology in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising investment towards new construction projects coupled with increasing penetration of leading crypto trading platforms and trading intermediates in the region.

Major market players included in this report are:
Advanced Micro Devices Inc. (USA)
Ripple Labs Inc. (US)
Ethereum Foundation (Switzerland)
Bitfury Group (Netherlands)
Coinbase Global Inc. (US)
BitGo, Inc. (US)
Binance Holdings (China)
Canaan Creative (China)
Bitstamp Inc. (Luxemburg)
Ifinex Inc. (Hong Kong)

Recent Developments in the Market:
In February 2022, crypto exchange WazirX announced the launch of a new platform named ‘BUIDL With WazirX’, which enables crypto entrepreneurs to build their own exchanges.

Global Bitcoin for Construction Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Process Type, Application, End-User Industry, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Process Type
Mining
Transaction

By Application
Trading
Payment: Peer-to-Peer Payment

By End-User Industry
Mechanical
Electrical

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Bitcoin for Construction Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Bitcoin for Construction Market, by Process Type, 2019-2029 (USD Billion)
  1.2.3. Bitcoin for Construction Market, by Application, 2019-2029 (USD Billion)
  1.2.4. Bitcoin for Construction Market, by End-User Industry, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL BITCOIN FOR CONSTRUCTION MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL BITCOIN FOR CONSTRUCTION MARKET DYNAMICS

3.1. Bitcoin for Construction Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Increasing expansion of construction sector
    3.1.1.2. Growing focus towards faster project delivery
  3.1.2. Market Challenges
    3.1.2.1. Capital gains tax
    3.1.2.2. No legal payment protection for transactions
  3.1.3. Market Opportunities
    3.1.3.1. Growing advancements in AI & Machine learning technologies
    3.1.3.2. Rising adoption of smart contracts across construction sector

CHAPTER 4. GLOBAL BITCOIN FOR CONSTRUCTION MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL BITCOIN FOR CONSTRUCTION MARKET, BY PROCESS TYPE

6.1. Market Snapshot
6.2. Global Bitcoin for Construction Market by Process Type, Performance - Potential Analysis
6.3. Global Bitcoin for Construction Market Estimates & Forecasts by Process Type 2019-2029 (USD Billion)
6.4. Bitcoin for Construction Market, Sub Segment Analysis
  6.4.1. Mining
  6.4.2. Transaction

CHAPTER 7. GLOBAL BITCOIN FOR CONSTRUCTION MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global Bitcoin for Construction Market by Application, Performance - Potential Analysis
7.3. Global Bitcoin for Construction Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Bitcoin for Construction Market, Sub Segment Analysis
  7.4.1. Trading
  7.4.2. Payment: Peer-to-Peer Payment

CHAPTER 8. GLOBAL BITCOIN FOR CONSTRUCTION MARKET, BY END-USER INDUSTRY

8.1. Market Snapshot
8.2. Global Bitcoin for Construction Market by End-User Industry, Performance - Potential Analysis
8.3. Global Bitcoin for Construction Market Estimates & Forecasts by End-User Industry 2019-2029 (USD Billion)
8.4. Bitcoin for Construction Market, Sub Segment Analysis
  8.4.1. Mechanical
  8.4.2. Electrical

CHAPTER 9. GLOBAL BITCOIN FOR CONSTRUCTION MARKET, REGIONAL ANALYSIS

9.1. Bitcoin for Construction Market, Regional Market Snapshot
9.2. North America Bitcoin for Construction Market
  9.2.1. U.S. Bitcoin for Construction Market
    9.2.1.1. Process Type breakdown estimates & forecasts, 2019-2029
    9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
    9.2.1.3. End-User Industry breakdown estimates & forecasts, 2019-2029
  9.2.2. Canada Bitcoin for Construction Market
9.3. Europe Bitcoin for Construction Market Snapshot
  9.3.1. U.K. Bitcoin for Construction Market
  9.3.2. Germany Bitcoin for Construction Market
  9.3.3. France Bitcoin for Construction Market
  9.3.4. Spain Bitcoin for Construction Market
  9.3.5. Italy Bitcoin for Construction Market
  9.3.6. Rest of Europe Bitcoin for Construction Market
9.4. Asia-Pacific Bitcoin for Construction Market Snapshot
  9.4.1. China Bitcoin for Construction Market
  9.4.2. India Bitcoin for Construction Market
  9.4.3. Japan Bitcoin for Construction Market
  9.4.4. Australia Bitcoin for Construction Market
  9.4.5. South Korea Bitcoin for Construction Market
  9.4.6. Rest of Asia Pacific Bitcoin for Construction Market
9.5. Latin America Bitcoin for Construction Market Snapshot
  9.5.1. Brazil Bitcoin for Construction Market
  9.5.2. Mexico Bitcoin for Construction Market
  9.5.3. Rest of Latin America Bitcoin for Construction Market
9.6. Rest of The World Bitcoin for Construction Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Advanced Micro Devices Inc. (USA)
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Ripple Labs Inc. (US)
  10.2.3. Ethereum Foundation (Switzerland)
  10.2.4. Bitfury Group (Netherlands)
  10.2.5. Coinbase Global Inc. (US)
  10.2.6. BitGo, Inc. (US)
  10.2.7. Binance Holdings (China)
  10.2.8. Canaan Creative (China)
  10.2.9. Bitstamp Inc. (Luxemburg)
  10.2.10. Ifinex Inc. (Hong Kong)

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
LIST OF TABLES

TABLE 1. Global Bitcoin for Construction Market, report scope
TABLE 2. Global Bitcoin for Construction Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Bitcoin for Construction Market estimates & forecasts by Process Type 2019-2029 (USD Billion)
TABLE 4. Global Bitcoin for Construction Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Bitcoin for Construction Market estimates & forecasts by End-User Industry 2019-2029 (USD Billion)
TABLE 6. Global Bitcoin for Construction Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Bitcoin for Construction Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Bitcoin for Construction Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Bitcoin for Construction Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Bitcoin for Construction Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Bitcoin for Construction Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Bitcoin for Construction Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Bitcoin for Construction Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Bitcoin for Construction Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Bitcoin for Construction Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Bitcoin for Construction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Bitcoin for Construction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Bitcoin for Construction Market
TABLE 71. List of primary sources, used in the study of global Bitcoin for Construction Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES

FIG 1. Global Bitcoin for Construction Market, research methodology
FIG 2. Global Bitcoin for Construction Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Bitcoin for Construction Market, key trends 2021
FIG 1. Global Bitcoin for Construction Market, growth prospects 2022-2029
FIG 2. Global Bitcoin for Construction Market, porters 5 force model
FIG 3. Global Bitcoin for Construction Market, pest analysis
FIG 4. Global Bitcoin for Construction Market, value chain analysis
FIG 5. Global Bitcoin for Construction Market by segment, 2019 & 2029 (USD Billion)
FIG 6. Global Bitcoin for Construction Market by segment, 2019 & 2029 (USD Billion)
FIG 7. Global Bitcoin for Construction Market by segment, 2019 & 2029 (USD Billion)
FIG 8. Global Bitcoin for Construction Market by segment, 2019 & 2029 (USD Billion)
FIG 9. Global Bitcoin for Construction Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Bitcoin for Construction Market, regional snapshot 2019 & 2029
FIG 11. North America Bitcoin for Construction Market 2019 & 2029 (USD Billion)
FIG 12. Europe Bitcoin for Construction Market 2019 & 2029 (USD Billion)
FIG 13. Asia Pacific Bitcoin for Construction Market 2019 & 2029 (USD Billion)
FIG 14. Latin America Bitcoin for Construction Market 2019 & 2029 (USD Billion)
FIG 15. Global Bitcoin for Construction Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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