Cryptocurrency refers to digital money protected by cryptographic systems to monitor transactions and prevent counterfeit. It operates via decentralized networks that are based on blockchain technology. It is not issued by a central authority and consequently has minimal intervention and manipulation of the government as compared to the conventional currency. As it offers enhanced transparency, inflation resistance, and divisibility, cryptocurrency is gaining immense popularity across the globe.
The global cryptocurrency market size reached a value of US$ 1,782 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 32,420 Billion by 2027, exhibiting at a CAGR of 58.4% during 2022-2027
Download free sample of the report: https://www.imarcgroup.com/cryptocurrency-market/requestsample
The increasing penetration of the high-speed internet, in confluence with the easy accessibility to legalized virtual currencies, represents one of the key factors bolstering the growth of the market. In addition, key players are introducing mobile applications with features, such as two-factor authentications, end-to-end encryption, and online payment solutions. This, along with the rising number of websites offering cryptocurrencies and inflating income levels of individuals, is driving the market. Furthermore, the advent of bitcoin cash and lite is projected to offer lucrative growth opportunities to industry investors.
Advanced Micro Devices Inc.
Bitfury Holding B.V.
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Note- If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
30 N Gould St, Ste R
Sheridan, WY 82801, USA