Cryptocurrency Market | Global Industry Report, 2032 (2024)

Table of Contents
Report Outlook Industry Dynamics Report Segmentation Hardware segment accounted for the highest market share in 2022 Ethereum segment is projected to grow at the fastest rate during the forecast period Trading segment accounted for the highest market share in 2022 North America dominated the global market in 2022 Competitive Insight Recent Developments Cryptocurrency Market Report Scope FAQ's Table of Contents List of Tables List of Figures Report Scope Quantitative Analysis Request for Sample FAQs

Cryptocurrency Market | Global Industry Report, 2032 (1)

  • Published Date:May-2023
  • Pages: 117
  • Format: PDF
  • Report ID: PM2234
  • Base Year: 2022
  • Historical Data: 2019-2021
  • Description
  • Table of Contents
  • Analysis Type
  • Research Methodology
  • Request for Sample

Report Outlook

The global cryptocurrency market was valued at USD 2,191.25 million in 2022 and is expected to grow at a CAGR of 11.6% during the forecast period.Cryptocurrency is a type of digital asset that uses blockchain or distributed ledger technology to enable a secure transaction. There are various cryptocurrencies exist, each with its own set of rules. Cryptocurrencies are decentralized as they are not controlled by any government or financial institution. They are used for buying, selling, swapping, and storing cryptos. The prices of cryptocurrencies can fluctuate significantly due to the factors, such as economic conditions, government regulations, media coverage, and more.

Cryptocurrency Market | Global Industry Report, 2032 (2)

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According to Congressional Research Service estimates, there were more than 5,100 different cryptocurrencies worth about $231 billion in March 2020. Cryptocurrencies have attracted the attention of policymakers and the general public because of their rapid growth and volatility.

Technological innovations play important role in the success of cryptocurrency. It improves the efficiency of the financial system or strengthens competition. Recent innovations in Artificial Intelligence (AI) are expected to have a huge impact on the market. For instance, an artificial intelligence program was developed by Los Alamos National Laboratory researchers in August 2021 to identify illegal cryptocurrency miners who use research computers for cryptocurrency mining.

The COVID-19 pandemic has badly impacted global economies, leading to increased market instability and economic instability. However, the cryptocurrency market has shown resilience during the pandemic, with increased demand from investors seeking safer and more dependable investments.

Banks have also started investing in cryptocurrency platforms and launching their own blockchain-based systems. The implementation of expansionary monetary policies by major countries to combat the economic effects of the pandemic has contributed to the rise in Bitcoin prices. Bitcoin, Litecoin, Ethereum, Cardano, Ripple, and Stellar have emerged as major players in the market during and after the pandemic, with their performance influenced by various driving factors.

The market research report offers an in-depth analysis of the industry to support informed decision-making. It offers a meticulous breakdown of various market niches and keeps readers updated on the latest industry developments. Along with tracking the Cryptocurrency Market on the basis of SWOT and Porter’s Five Forces models, the research report includes graphs, tables, charts, and other pictorial representations to help readers understand the key insights and important data easily.

See Also
How to Fill Out Form 8949 for Cryptocurrency | CoinLedgerC Form | Filling EPFO 10C Form | FormC PDF - Fincash

Cryptocurrency Market | Global Industry Report, 2032 (3)

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Industry Dynamics

Growth Drivers
The demand for cryptocurrency exchange platforms is expected to increase in the coming years as digital assets like cryptocurrencies and NFTs continue to gain popularity. Cryptocurrencies offer adaptability and ease of use in transactions, making them an attractive option for people in industrialized nations like the U.S. and Canada. The growing use of mobile-based trading systems is also expected to drive the growth of the cryptocurrency industry

Blockchain technology is a key component of cryptocurrencies, enabling efficient and decentralized transactions. The rise in popularity of NFTs, which are connected to the Ethereum network, has contributed to the significant increase in the price of ether this year. As a result, many major players in the industry are introducing cutting-edge products such as Exchange Traded Funds (ETFs) and NFTs, which are anticipated to boost industry growth.

KuCoin, is a global cryptocurrency exchange with over 20 million members, in August 2022 launched an NFT ETF trading area. The product aims to boost the liquidity of NFT assets and lower the investment threshold for blue-chip NFTs. The growing use of cryptocurrencies as a means of value storage and medium of exchange in countries like Iran, Venezuela, and El Salvador is also contributing to the growth of the cryptocurrency market.

Report Segmentation

The market is primarily segmented based on component, type, end-use, and region.

By Component

By Type

By End-Use

By Region

  • Hardware
  • Software
  • Bitcoin
  • Ethereum
  • Tether
  • Binance Coin
  • XRP
  • Other
  • Banking
  • Gaming
  • Government
  • Healthcare
  • Retail & E-Commerce
  • Trading
  • Other
  • 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)

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Hardware segment accounted for the highest market share in 2022

The hardware segment accounted highest market share in 2022 and is likely to retain its position over the anticipated period. As for the number of companies that provide hardware for cryptocurrency mining, there are several. Some of the most well-known companies include Bitmain, Canaan Creative, Ebang, and MicroBT, which are all Chinese-based companies that manufacture ASICs for Bitcoin mining. These companies are responsible for a significant portion of the world's Bitcoin mining power. Other companies that provide mining hardware include NVIDIA and AMD, which manufacture GPUs that can be used for mining cryptocurrencies.

Ethereum segment is projected to grow at the fastest rate during the forecast period

The Ethereum segment is projected to grow at the fastest rate. Ethereum is a decentralized blockchain platform that allows for the creation of decentralized applications (dApps) and smart contracts. It was launched and has since become one of the most popular blockchain platforms. Ethereum uses a programmable blockchain, meaning that developers can use its programming language, Solidity, to write smart contracts.

In 2022, Ethereum has undergone a major upgrade called Ethereum 2.0, which aims to improve scalability, security, and energy efficiency. This upgrade involves a shift from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) mechanism. The upgrade will reduce the amount of energy needed to validate transactions on the network and improve the speed of transactions.

Trading segment accounted for the highest market share in 2022

Trading segment accounted for the highest market share in 2022. Cryptocurrency trading is known as taking a financial position on the price direction of individual cryptocurrencies against the dollar (in crypto/dollar pairs) or against another cryptocurrency (through crypto-to-crypto pairs). Cryptocurrency trading enables users to speculate on cryptocurrency price movements without taking ownership of the underlying coins.

The cryptocurrency trading process involves buyers and sellers agreeing on a price and executing trades on exchanges, which determine the market valuation. Web browsers are partnering with blockchain technology firms to enable easy cryptocurrency trading. CFDs are a popular way to trade cryptocurrencies for their flexibility. Risk management is important, including setting limits on potential losses. Trading strategies vary based on personal preferences, trading capital, risk tolerance, and other factors.

North America dominated the global market in 2022

North America dominated the global industry in 2022 and is likely to maintain its dominance over the anticipated period. The regional market is growing due to increased usage of cryptocurrencies in NFTs and acceptance of cryptocurrencies as a wealth storage option. Investments are being made in blockchain technology and advanced cryptocurrency mining equipment.

Despite some countries considering cryptocurrencies as taxable assets rather than legal tender, wealthy nations are still prioritizing their use. The North American market is influenced by widespread bitcoin mining and renowned organizations. Intel Corporation announced plans to provide energy-efficient accelerators for blockchain technology, with Argo Blockchain as one of their first clients.

The Asia Pacific cryptocurrency market is driven by the desire for safer transactions and increased acceptance of cryptocurrencies and blockchain in the region. However, regulatory environment is diverse, with varying crypto laws and policies across Asian nations. Some countries have imposed restrictions on cryptocurrency mining and trading due to concerns about energy usage and financial risks.

Singapore and Thailand have relatively more liberal cryptocurrency laws, but there is an increasing crackdown on licensing, AML, and CFT regulations. Cryptocurrencies have emerged as a cost-effective means of remittances in countries like the Philippines. While Asian countries recognize the advantages of cryptocurrencies, they are also concerned about money laundering and terrorist financing, and are calling for more regulations to protect consumers and companies from speculative trading and risky investments.

Competitive Insight

Some of the major players operating in the global cryptocurrency market include BITMAIN Technologies Holding Company, NVIDIA Corporation, Bitfury Group Limited, Kraken, BitGo, BlockFi, Xilinx (AMD), Gemini Trust Company, LLC, Ledger SAS, Intel Corporation, AirSwap, Binance Holdings Ltd., Ripple, and Coinbase Global Inc.

Recent Developments

  • In January 2023, BITMAIN Technologies Holding Company has launched its new generation ANTMINER, the S19j Pro+, designed to provide voltage compatibility for data center operations and save additional costs of purchasing different voltages.
  • In February 2023, Binance launched Binance Tax tool that enables users to easily access details of the tax associated with their crypto trading activity.

Cryptocurrency Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 2,444.77 million

Revenue forecast in 2032

USD 6,574.73 million

CAGR

11.6% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD million and CAGR from 2023 to 2032

Segments Covered

By Component, By Type, By End-Use, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key Companies

BITMAIN Technologies Holding Company, NVIDIA Corporation, Bitfury Group Limited, Kraken, BitGo, BlockFi, Xilinx (AMD), Gemini Trust Company, LLC, Ledger SAS, Intel Corporation, AirSwap, Binance Holdings Ltd., Ripple, and Coinbase Global Inc.

Navigate through the intricacies of the 2023Cryptocurrency Market with precision, thanks to the comprehensive statistics on market share, size, and revenue growth rate assembled by Polaris Market Research Industry Reports. This thorough analysis not only provides a glimpse into the historical context but also extends its reach with a market forecast outlook until 2032. Immerse yourself in the richness of this industry analysis by securing a complimentary PDF download of the sample report.

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FAQ's

The global cryptocurrency market size is expected to reach USD 6,574.73 million by 2032.

Key players in the cryptocurrency market are BITMAIN Technologies Holding Company, NVIDIA Corporation, Bitfury Group Limited, Kraken, BitGo, BlockFi, Xilinx (AMD), Gemini Trust Company, LLC.

North America contribute notably towards the global cryptocurrency market.

The global cryptocurrency market expected to grow at a CAGR of 11.6% during the forecast period.

The cryptocurrency market report covering key segments are component, type, end-use, and region.


Table of Contents

  1. Introduction
    1. Report Description
      1. Objectives of the Study
      2. Market Scope
      3. Assumptions
    2. Stakeholders
  2. Executive Summary
    1. Market Highlights
  3. Research Methodology
    1. Overview
      1. Data Mining
    2. Data Sources
      1. Primary Sources
      2. Secondary Sources
  4. Global Cryptocurrency Market Insights
    1. Cryptocurrency Market – End-Use Snapshot
    2. Cryptocurrency Market Dynamics
      1. Drivers and Opportunities
        1. Rise in need for transparency in the payment system
        2. Increase in flow of remittances from foreign countries
      2. Restraints and Challenges
        1. Lack of awareness about cryptocurrency among people
    3. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers (Moderate)
      2. Threats of New Entrants: (Low)
      3. Bargaining Power of Buyers (Moderate)
      4. Threat of Substitute (Moderate)
      5. Rivalry among existing firms (High)
    4. PESTEL Analysis
    5. Cryptocurrency Market End-Use Trends
    6. Value Chain Analysis
    7. COVID-19 Impact Analysis
  5. Global Cryptocurrency Market, by Component
    1. Key Findings
    2. Introduction
      1. Global Cryptocurrency Market, by Component, 2019-2032 (USD Million)
    3. Hardware
      1. Global Cryptocurrency Market, by Hardware, by Region, 2019-2032 (USD Million)
    4. Software
      1. Global Cryptocurrency Market, bySoftware, by Region, 2019-2032 (USD Million)
  6. Global Cryptocurrency Market, by Type
    1. Key Findings
    2. Introduction
      1. Global Cryptocurrency Market, by Type, 2019-2032 (USD Million)
    3. Bitcoin
      1. Global Cryptocurrency Market, by Bitcoin, by Region, 2019-2032 (USD Million)
    4. Ethereum
      1. Global Cryptocurrency Market, by Ethereum, by Region, 2019-2032 (USD Million)
    5. Tether
      1. Global Cryptocurrency Market, by Tether, by Region, 2019-2032 (USD Million)
    6. Binance Coin
      1. Global Cryptocurrency Market, by Binance Coin, by Region, 2019-2032 (USD Million)
    7. XRP
      1. Global Cryptocurrency Market, by XRP, by Region, 2019-2032 (USD Million)
    8. Other
      1. Global Cryptocurrency Market, by Other, by Region, 2019-2032 (USD Million)
  7. Global Cryptocurrency Market, by End-Use
    1. Key Findings
    2. Introduction
      1. Global Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
    3. Banking
      1. Global Cryptocurrency Market, by Banking, By Region, 2019-2032 (USD Million)
    4. Gaming
      1. Global Cryptocurrency Market, by Gaming, By Region, 2019-2032 (USD Million)
    5. Government
      1. Global Cryptocurrency Market, by Government, By Region, 2019-2032 (USD Million)
    6. Healthcare
      1. Global Cryptocurrency Market, by Healthcare, By Region, 2019-2032 (USD Million)
    7. Retail & E-Commerce
      1. Global Cryptocurrency Market, by Retail & E-Commerce, By Region, 2019-2032 (USD Million)
    8. Trading
      1. Global Cryptocurrency Market, by Trading, By Region, 2019-2032 (USD Million)
    9. Other
      1. Global Cryptocurrency Market, by Other, By Region, 2019-2032 (USD Million)
  8. Global Cryptocurrency Market, by Geography
    1. Key findings
    2. Introduction
      1. Cryptocurrency Market Assessment, By Geography, 2019-2032 (USD Million)
    3. Cryptocurrency Market – North America
      1. North America: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
      2. North America: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
      3. North America: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      4. Cryptocurrency Market – U.S.
        1. U.S.: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. U.S.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. U.S.: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      5. Cryptocurrency Market – Canada
        1. Canada: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. Canada.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. Canada: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
    4. Cryptocurrency Market – Europe
      1. Europe: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
      2. Europe.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
      3. Europe: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      4. Cryptocurrency Market – UK
        1. UK: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. UK.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. UK: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      5. Cryptocurrency Market – France
        1. France: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. France.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. France: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      6. Cryptocurrency Market – Germany
        1. Germany: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. Germany.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. Germany: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      7. Cryptocurrency Market – Italy
        1. Italy: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. Italy.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. Italy: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      8. Cryptocurrency Market – Spain
        1. Spain: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. Spain.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. Spain: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      9. Cryptocurrency Market – Netherlands
        1. Netherlands: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. Netherlands.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. Netherlands: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      10. Cryptocurrency Market – Russia
        1. Russia: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. Russia.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. Russia: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
    5. Cryptocurrency Market – Asia Pacific
      1. Asia Pacific: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
      2. Asia Pacific.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
      3. Asia Pacific: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      4. Cryptocurrency Market – China
        1. China: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. China.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. China: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      5. Cryptocurrency Market – India
        1. India: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. India.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. India: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      6. Cryptocurrency Market – Malaysia
        1. Malaysia: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. Malaysia.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. Malaysia: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      7. Cryptocurrency Market – Japan
        1. Japan: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. Japan.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. Japan: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      8. Cryptocurrency Market – Indonesia
        1. Indonesia: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. Indonesia.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. Indonesia: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      9. Cryptocurrency Market – South Korea
        1. South Korea: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. South Korea.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. South Korea: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
    6. Cryptocurrency Market – Middle East & Africa
      1. Middle East & Africa: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
      2. Middle East & Africa.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
      3. Middle East & Africa: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      4. Cryptocurrency Market – Saudi Arabia
        1. Saudi Arabia: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. Saudi Arabia.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. Saudi Arabia: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      5. Cryptocurrency Market – UAE
        1. UAE: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. UAE.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. UAE: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      6. Cryptocurrency Market – Israel
        1. Israel: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. Israel.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. Israel: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      7. Cryptocurrency Market – South Africa
        1. South Africa: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. South Africa.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. South Africa: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
    7. Cryptocurrency Market – Latin America
      1. Latin America: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
      2. Latin America.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
      3. Latin America: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      4. Cryptocurrency Market – Mexico
        1. Mexico: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. Mexico.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. Mexico: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      5. Cryptocurrency Market – Brazil
        1. Brazil: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. Brazil.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. Brazil: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
      6. Cryptocurrency Market – Argentina
        1. Argentina: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
        2. Argentina.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
        3. Argentina: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
  9. Competitive Landscape
    1. Expansion and Acquisition Analysis
      1. Expansion
      2. Acquisitions
    2. Partnerships/Collaborations/Agreements/Exhibitions
  10. Company Profiles
    1. BITMAIN Technologies Holding Company
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Recent Development
    2. NVIDIA Corporation
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Recent Development
    3. Bitfury Group Limited
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Recent Development
    4. Kraken
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Recent Development
    5. BitGo
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Recent Development
    6. BlockFi
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Recent Development
    7. Xilinx (AMD)
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Recent Development
    8. Gemini Trust Company, LLC
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Recent Development
    9. Ledger SAS
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Recent Development
    10. Intel Corporation
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Recent Development
    11. AirSwap
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Recent Development
    12. Binance Holdings Ltd
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Recent Development
    13. Ripple
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Recent Development
    14. Coinbase Global Inc.
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Recent Development

List of Tables

Table 1 Global Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 2 Global Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 3 Global Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 4 Cryptocurrency Market Assessment, By Geography, 2019-2032 (USD Million)
Table 5 North America: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 6 North America: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 7 North America: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 8 U.S.: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 9 U.S.: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 10 U.S.: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 11 Canada: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 12 Canada: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 13 Canada: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 14 Europe: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 15 Europe: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 16 Europe: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 17 UK: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 18 UK: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 19 UK: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 20 France: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 21 France: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 22 France: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 23 Germany: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 24 Germany: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 25 Germany: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 26 Italy: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 27 Italy: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 28 Italy: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 29 Spain: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 30 Spain: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 31 Spain: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 32 Netherlands: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 33 Netherlands: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 34 Netherlands: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 35 Russia: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 36 Russia: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 37 Russia: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 38 Asia Pacific: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 39 Asia Pacific: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 40 Asia Pacific: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 41 China: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 42 China: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 43 China: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 44 India: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 45 India: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 46 India: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 47 Malaysia: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 48 Malaysia: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 49 Malaysia: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 50 Japan: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 51 Japan: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 52 Japan: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 53 Indonesia: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 54 Indonesia: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 55 Indonesia: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 56 South Korea: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 57 South Korea: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 58 South Korea: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 59 Middle East & Africa: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 60 Middle East & Africa: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 61 Middle East & Africa: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 62 Saudi Arabia: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 63 Saudi Arabia: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 64 Saudi Arabia: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 65 UAE: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 66 UAE: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 67 UAE: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 68 Israel: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 69 Israel: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 70 Israel: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 71 South Africa: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 72 South Africa: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 73 South Africa: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 74 Latin America: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 75 Latin America: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 76 Latin America: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 77 Mexico: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 78 Mexico: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 79 Mexico: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 80 Brazil: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 81 Brazil: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 82 Brazil: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)
Table 83 Argentina: Cryptocurrency Market, by Component, 2019-2032 (USD Million)
Table 84 Argentina: Cryptocurrency Market, by Type, 2019-2032 (USD Million)
Table 85 Argentina: Cryptocurrency Market, by End-Use, 2019-2032 (USD Million)

List of Figures

Figure 1. Global Cryptocurrency Market, 2019-2032 (USD Million)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Approach
Figure 4. Market by Geography
Figure 5. Porter’s Five Forces
Figure 6. Market by Type
Figure 7. Global Cryptocurrency Market, by Type, 2021 & 2030 (USD Million)
Figure 8. Market by Component
Figure 9. Global Cryptocurrency Market, by Component, 2021 & 2030 (USD Million)
Figure 10. Market by End-Use
Figure 11. Global Cryptocurrency Market, by End-Use, 2021 & 2030 (USD Million)
Figure 12. Cryptocurrency Market Assessment, By Geography, 2019-2032 (USD Million)
Figure 13. Strategic Analysis – Cryptocurrency Market


Report Scope

Cryptocurrency Market, Component Outlook (Revenue - USD Million, 2019-2032)

  • Hardware
  • Software

Cryptocurrency Market, Type Outlook (Revenue - USD Million, 2019-2032)

  • Bitcoin
  • Ethereum
  • Tether
  • Binance Coin
  • XRP
  • Other

Cryptocurrency Market, End-Use Outlook (Revenue - USD Million, 2019-2032)

  • Banking
  • Gaming
  • Government
  • Healthcare
  • Retail & E-Commerce
  • Trading
  • Other

Cryptocurrency Market, Regional Outlook (Revenue - USD Million, 2019-2032)

  • North America
    • Component Outlook
      • Hardware
      • Software
    • Type Outlook
      • Bitcoin
      • Ethereum
      • Tether
      • Binance Coin
      • XRP
      • Other
    • End-Use Outlook
      • Banking
      • Gaming
      • Government
      • Healthcare
      • Retail & E-Commerce
      • Trading
      • Other
  • Europe
    • Component Outlook
      • Hardware
      • Software
    • Type Outlook
      • Bitcoin
      • Ethereum
      • Tether
      • Binance Coin
      • XRP
      • Other
    • End-Use Outlook
      • Banking
      • Gaming
      • Government
      • Healthcare
      • Retail & E-Commerce
      • Trading
      • Other
  • Asia Pacific
    • Component Outlook
      • Hardware
      • Software
    • Type Outlook
      • Bitcoin
      • Ethereum
      • Tether
      • Binance Coin
      • XRP
      • Other
    • End-Use Outlook
      • Banking
      • Gaming
      • Government
      • Healthcare
      • Retail & E-Commerce
      • Trading
      • Other
  • Latin America
    • Component Outlook
      • Hardware
      • Software
    • Type Outlook
      • Bitcoin
      • Ethereum
      • Tether
      • Binance Coin
      • XRP
      • Other
    • End-Use Outlook
      • Banking
      • Gaming
      • Government
      • Healthcare
      • Retail & E-Commerce
      • Trading
      • Other
  • Middle East & Africa
    • Component Outlook
      • Hardware
      • Software
    • Type Outlook
      • Bitcoin
      • Ethereum
      • Tether
      • Binance Coin
      • XRP
      • Other
    • End-Use Outlook
      • Banking
      • Gaming
      • Government
      • Healthcare
      • Retail & E-Commerce
      • Trading
      • Other

Quantitative Analysis

  • Market size, estimates, and forecasts from 2019-2032
  • Market size and revenue estimates for component up to 2032
  • Market revenue estimates for type up to 2032
  • Market revenue estimates for end-use up to 2032
  • Regional market size and forecast up to 2032
  • Company financials

Request for Sample

Cryptocurrency Market | Global Industry Report, 2032 (2024)

FAQs

Cryptocurrency Market | Global Industry Report, 2032? ›

A newer forecast from December 2023 predicts a value of 943 billion U.S. dollars in 2032 with a CAGR of 56.1 percent.

Continue Reading ›
What is the market cap of crypto in 2032? ›

A newer forecast from December 2023 predicts a value of 943 billion U.S. dollars in 2032 with a CAGR of 56.1 percent.

View Details ›
What is the future of cryptocurrency in 2030? ›

According to Cryptonewz, by the end of the current year 2024, ETH will touch $5,000. By the year 2025, Ethereum is expected to reach the maximum level of $6,500 with a minimum of $ 4,500 and an average of $5,500. And by the year 2030, it is expected that it may go up to a maximum of $20,500.

Discover More Details ›
How big will the crypto market be in 10 years? ›

Analysts estimate that the global cryptocurrency market will more than triple by 2030. This all leads to one big trend. Cryptocurrency, once only understood among a relatively fringe community of anti-establishment investors, is now becoming a household name – and quickly.

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What is the global market size of cryptocurrency? ›

Cryptocurrency Prices Today By Market Cap

The global cryptocurrency market cap today is $2.66 Trillion, a -0.46% change in the last 24 hours.

View Details ›
What will the price of crypto be in 2040? ›

Fidelity Predicts: $1B per 1 BTC by 2038 — 2040

Jurrien Timmer, Director of Global Macro at Fidelity Investments, predicts a staggering future for Bitcoin, suggesting that the value of a single Bitcoin could soar to $1 billion by 2038 to 2040. Timmer's demand model is rooted in Metcalfe's Law.

View More ›
What will the total crypto market cap be in 2030? ›

Cathie Wood explains why crypto market will explode 'to $25 trillion in 2030' The ARK Invest CEO described the price ramifications for the crypto market as institutions increasingly enter the space.

Read On ›
What will $1000 of Bitcoin be worth in 2030? ›

By getting investors excited about the future of Bitcoin, she could attract more inflows to her ETF. If Wood is correct and Bitcoin does reach $3.8 million by 2030, an investment of $1,000 would be worth over $60,000. This would result in a compound annual growth rate (CAGR) of over 100%.

Find Out More ›
How much will 1 ethereum be worth in 2030? ›

Ethereum (ETH) Price Prediction 2024-2040
YearMinimum PriceMaximum Price
2030$38,664.13$47,066.29
2031$56,588.34$67,571.24
2032$87,586.24$98,973.10
2033$126,956.30$150,114.99
8 more rows

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What is the future of cryptocurrency in 2050? ›

In 2025, Bitcoin is projected to potentially surpass $100,000, with predictions indicating a rise to $1.5 million by 2030 and extending into multi-million dollar valuations by 2040 and 2050.

Read On ›

How big is the crypto market compared to the stock market? ›

As of 2021, the amount of stocks outstanding globally was estimated to be $106 trillion, while the total size of crypto markets was only $2.6 trillion, a mere 2.5% of the much larger equity, or stock market.

See More ›
How big of an industry is crypto? ›

The Cryptocurrency Market size is estimated at USD 44.29 billion in 2024, and is expected to reach USD 64.41 billion by 2029, growing at a CAGR of 7.77% during the forecast period (2024-2029). Cryptocurrency, or virtual currency, operates solely in the digital realm without any overseeing regulatory body.

Get More Info ›
What is the global blockchain market size 2030? ›

The global blockchain technology market is expected to witness a compound annual growth rate of 87.7% from 2023 to 2030 to reach USD 1,431.54 billion by 2030.

View Details ›
What is the market cap of crypto in 2028? ›

US$ 1125.8 Million

View Details ›
How much will the crypto market be worth in 5 years? ›

Bitcoin (BTC) Price Prediction 2030
YearPrice
2025$ 72,322.98
2026$ 75,939.13
2027$ 79,736.08
2030$ 92,304.48
1 more row

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What is the market cap of Bitcoin in 2050? ›

Bitcoin (BTC) Prediction for 2040 and 2050

If we draw a line connecting Bitcoin's historical lows, we get a prediction of $1.3 million by 2030 and a staggering $200+ million by 2040 and 2050, which would put its market cap at an unreasonable $4 quadrillion. By this time, this asset class will likely be matured.

See Details ›
What is the price prediction for Bitcoin in 2032? ›

Bitcoin's Long Term Price Prediction
YearsAvg PriceLowest Price
2030$12479264.66$9983411.73
2031$26296363.32$21037090.66
2032$55411816.55$44329453.24
2033$116764032.21$93411225.76
7 more rows

Get More Info Here ›
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