Global Cryptocurrency Industry

Global Cryptocurrency Industry

  • October 2019 •
  • 179 pages •
  • Report ID: 5800039 •
  • Format: PDF
Cryptocurrency market worldwide is projected to grow by US$452.2 Million, driven by a compounded growth of 5.9%. Hardware, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$873.7 Million by the year 2025, Hardware will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 6.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$21 Million to the region’s size and clout in the next 5 to 6 years. Over US$21.1 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Hardware will reach a market size of US$67.5 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 5.7% over the next couple of years and add approximately US$78.5 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, Advanced Micro Devices, Inc.; Binance Holdings Limited; Bitfinex Group; Bitfury Holding B.V.; BitGo Inc.; Bitmain Technologies Limited; Bitstamp Ltd; Canaan Creative CO., LTD; Coinbase; Ethereum Foundation; Ethereumminer.EU; Intel Corporation; Ledger SAS; NVIDIA Corporation; PandaMiner; Ripple; Shark Mining; Upbit; Xapo; Xilinx Inc.; Zhejiang Ebang Communication Co., Ltd.