[ad_1]
“The Finest Report Benzinga Has Ever Produced”
Huge returns are doable inside this market! For a restricted time, get entry to the Benzinga Insider Report, normally $47/month, for simply $0.99! Uncover extraordinarily undervalued inventory picks earlier than they skyrocket! Time is working out! Act quick and safe your future wealth at this unbelievable low cost! Claim Your $0.99 Offer NOW!
Advertorial
NEW YORK , Sept. 14, 2023 /PRNewswire/ — The “ cryptocurrency market by sort ( bitcoin, ethereum, and others), part ({hardware} and software program), and geography ( North America, Europe, APAC, South America, and Center East and Africa) – Forecast and Evaluation 2023-2027″ report has been added to technavio providing. With ISO 9001:2015 certification, Technavio has proudly partnered with greater than 100 Fortune 500 corporations for over 16 years. The potential development distinction for the cryptocurrency market from 2022 to 2027 is USD 1.81 billion, in accordance with Technavio. Rising funding in digital property is a key issue driving market development. Conventional securities issuance and cross-border transactions usually impose vital administrative burdens. Failure to finish the transaction promptly might end in vital extra prices in addition to delays. Then again, digital property permit for fast switch of possession with out the necessity for laborious copies of paperwork. Moreover, cryptocurrencies have gotten more and more in style within the digital asset market as a consequence of these traits. FinTech is driving innovation in monetary markets worldwide and resulting in the emergence of digital property. Therefore, these components are anticipated to drive market development throughout the forecast interval. Get deeper insights into the market dimension, present market state of affairs, future development alternatives, main development driving components, the most recent tendencies, and extra. Buy the full report here.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your electronic mail and you may additionally get Benzinga’s final morning replace AND a free $30 reward card and extra!
Market Problem
Volatility within the worth of cryptocurrency is a big problem proscribing market development. The worth of cryptocurrencies could be very risky. Due to this fact, low-risk traders don’t embrace cryptocurrencies of their monetary portfolios. The fluctuations in worth are largely as a result of cryptocurrencies are held by a restricted quantity of people that purchase and promote in massive portions on buying and selling platforms and exchanges. Moreover, the absence of transaction charges, place charges, transaction publishing charges, and change platform rules additionally results in fluctuations within the worth of cryptocurrencies. In consequence, individuals who maintain massive quantities of cryptocurrency manipulate the worth to extend earnings with out making actual investments. Therefore, these components are anticipated to limit market development throughout the forecast interval.
Find out about extra key drivers, tendencies, and challenges out there with Technavio. Read Free Sample PDF Report Now
The cryptocurrency market is segmented by sort ( bitcoin, ethereum, and others), part ({hardware} and software program), and Geography ( North America, Europe, APAC, South America, and Center East and Africa).
- The market share development by the bitcoin phase will probably be vital throughout the forecast interval. Bitcoin, the world’s hottest cryptocurrency, is gaining recognition globally. Above all, it’s designed to be an alternative choice to conventional. Moreover, bitcoin is a digital foreign money that may be transferred peer-to-peer (P2P) with out a government. Bitcoin at the moment has the biggest market capitalization, greater than double that of its closest competitor, Ethereum. A complete of 95% of crypto homeowners and potential patrons find out about Bitcoin. Within the US, some 8% are buying and selling in cryptocurrencies. A decentralized system referred to as Blockchain is used to create, retailer, course of, and change it. Therefore, these components are anticipated to drive phase development throughout the forecast interval.
- North America is estimated to contribute 48% to the expansion of the worldwide market throughout the forecast interval.
View Free Sample Report for insights into the contribution of all of the segments and regional alternatives within the report.
Key Corporations within the Cryptocurrency Market:
Superior Micro Units Inc., AlphaPoint Corp., Binance Holdings Ltd., Bitfury Group Ltd., BitGo Inc., BitMain Group, Bitstamp Europe SA, BlockFi Inc., Coinbase World Inc., ConsenSys Software program Inc., iFinex Inc., Intel Corp., KuCoin, Ledger SAS, Microsoft Corp., Cash Group Inc., New Bit Ventures Ltd., NVIDIA Corp., Ripple Labs Inc., and Xapo Financial institution Ltd.
Associated Experiences:
The Security Analytics Market dimension is estimated to develop at a CAGR of 10.15% between 2022 and 2027. The market dimension is forecast to extend by USD 6,512.26 million.
The banking, financial services, and insurance (BFSI) security market dimension is estimated to develop at a CAGR of 11.13% between 2022 and 2027.
Cryptocurrency Market Scope |
|
Report Protection |
Particulars |
Base 12 months |
2022 |
Historic interval |
2017-2021 |
Forecast interval |
2023-2027 |
Development momentum & CAGR |
Speed up at a CAGR of 15.81% |
Market development 2023-2027 |
USD 1.81 billion |
Market construction |
Fragmented |
YoY development 2022-2023 (%) |
14.37 |
Regional evaluation |
North America, Europe, APAC, South America, and Center East and Africa |
Performing market contribution |
North America at 48% |
Key international locations |
US, China, UK, Germany, and Switzerland |
Aggressive panorama |
Main Corporations, Market Positioning of Corporations, Aggressive Methods, and Business Dangers |
Key corporations profiled |
Superior Micro Units Inc., AlphaPoint Corp., Binance Holdings Ltd., Bitfury Group Ltd., BitGo Inc., BitMain Group, Bitstamp Europe SA, BlockFi Inc., Coinbase World Inc., ConsenSys Software program Inc., iFinex Inc., Intel Corp., KuCoin, Ledger SAS, Microsoft Corp., Cash Group Inc., New Bit Ventures Ltd., NVIDIA Corp., Ripple Labs Inc., and Xapo Financial institution Ltd. |
Market dynamics |
Dad or mum market evaluation, Market development inducers and obstacles, Quick-growing and slow-growing phase evaluation, COVID-19 influence and restoration evaluation and future shopper dynamics, and Market situation evaluation for the forecast interval. |
Customization purview |
If our report has not included the information you’re searching for, you’ll be able to attain out to our analysts and get personalized segments. |
ToC:
Govt Abstract
Safe Your Monetary Future
Hidden gems are ready to be discovered on this market! Do not miss the Benzinga Insider Report, usually $47/month, now ONLY $0.99! Uncover extremely undervalued shares earlier than they soar! Restricted time supply! Safe your monetary success with this unbeatable low cost! Grab your 0.99 offer TODAY!
Advertorial
Market Panorama
Market Sizing
Historic Market Sizes
5 Forces Evaluation
Market Segmentation by Sort
Market Segmentation by Part
Market Segmentation by Geography
Buyer Panorama
Geographic Panorama
Drivers, Challenges, & Traits
Firm Panorama
Firm Evaluation
Appendix
About Technavio
Technavio is a number one world know-how analysis and advisory firm. Their analysis and evaluation concentrate on rising market tendencies and supply actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 studies and counting, protecting 800 applied sciences, spanning throughout 50 international locations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising consumer base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market situations.
Contacts
Technavio Analysis
Jesse Maida
Media & Advertising Govt
US: +1 844 364 1100
UK: +44 203 893 3200
E-mail: media@technavio.com
Web site: www.technavio.com
SOURCE Technavio
“The Finest Report Benzinga Has Ever Produced”
Huge returns are doable inside this market! For a restricted time, get entry to the Benzinga Insider Report, normally $47/month, for simply $0.99! Uncover extraordinarily undervalued inventory picks earlier than they skyrocket! Time is working out! Act quick and safe your future wealth at this unbelievable low cost! Claim Your $0.99 Offer NOW!
Advertorial
© 2023 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.
[ad_2]
Source link