Global cryptocurrency industry until 2016 – With Coinbase, Cryptomove and Intel among others
DUBLIN, September 24, 2021– (COMMERCIAL THREAD)–The “Cryptocurrency Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026” report was added to ResearchAndMarkets.com offer.
The global cryptocurrency market reached a value of US $ 364.5 billion in 2020. Going forward, the market is expected to grow at a CAGR of 60.8% during 2021-2026.
Bearing in mind the uncertainties of COVID-19, the analyst is continuously monitoring and evaluating the direct and indirect influence of the pandemic. This information is included in the report as a major contributor to the market.
Cryptocurrency refers to digital or virtual money secured by cryptography to monitor transactions and prevent counterfeiting. It has no physical representation and is distributed over a large network of computers connected to a virtual environment. It works through decentralized networks based on blockchain technology. Transfers are secured using public or private keys and are connected directly to the user’s digital wallet. Unlike the currency traditionally used, it is not issued by a centralized authority and suffers minimal interference or manipulation by the government. It also offers various advantages, such as improved portability, divisibility, inflation resistance and transparency.
One of the key factors driving the growth of the market is the increase in digitization in all sectors. With this in mind, the ease of access and the increasing penetration of high-speed internet connectivity into day-to-day business is also creating a positive outlook for the market. In addition, the legalization and approval of buying, selling or trading of virtual currencies in various developed countries is also driving the growth of the market. With the immense transparency of distributed ledger or blockchain technology, the risk of fraudulent or unwanted transactions due to human or machine error or data manipulation is minimal. This allows all parties to monitor changes made during the course of the transaction in real time, providing improved data security and transaction immutability. In addition, convenient access to online trading platforms that can be used through smartphones contributes to the growth of the market. Other factors, including the growth in market capitalization or market capitalization of the industry, as well as the advent of bitcoin cash and bitcoin lite, are expected to drive the market.
Key questions answered in this report
How has the global cryptocurrency market performed so far and how will it perform in the years to come?
What has been the impact of COVID-19 on the global cryptocurrency market?
What are the main regional markets?
What is the market breakdown according to type?
What is the distribution of the market according to the component?
What is the market disruption depending on the process?
What is the market split depending on the application?
What are the different stages of the industry value chain?
What are the main factors and challenges for the industry?
What is the structure of the global cryptocurrency market and who are the main players?
How competitive is the industry?
Main topics covered:
2 Scope and methodology
3 Executive summary
4.2 Key Industry Trends
5 Global cryptocurrency market
5.1 Market overview
5.2 Market performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market breakdown by type
6.1.1 Market trends
6.1.2 Market Forecast
6.2.1 Market trends
6.2.2 Market Forecast
6.3 Bitcoin Cash
6.3.1 Market trends
6.3.2 Market Forecast
6.4.1 Market trends
6.4.2 Market Forecast
6.5.1 Market trends
6.5.2 Market Forecast
6.6.1 Market trends
6.6.2 Market Forecast
6.7.1 Market trends
6.7.2 Market Forecast
7 Market breakdown by component
7.1.1 Market trends
7.1.2 Market Forecast
7.2.1 Market trends
7.2.2 Market Forecast
8 Market breakdown by process
8.1.1 Market trends
8.1.2 Market Forecast
8.2.1 Market trends
8.2.2 Market Forecast
9 Market breakdown by application
9.1.1 Market trends
9.1.2 Market Forecast
9.2.1 Market trends
9.2.2 Market Forecast
9.3.1 Market trends
9.3.2 Market Forecast
9.4.1 Market trends
9.4.2 Market Forecast
10 Market breakdown by region
11 SWOT Analysis
12 Value chain analysis
13 Porters Five Forces Analysis
14 Price analysis
15 Competitive landscape
15.1 Market structure
15.2 Key players
15.3 Profiles of key players
For more information on this report, visit https://www.researchandmarkets.com/r/ksmij0
See the source version on businesswire.com: https://www.businesswire.com/news/home/20210924005460/en/
Laura Wood, Senior Press Director
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