Worldwide Cryptocurrency Industry to 2016 – Featuring Coinbase, Cryptomove and Intel Among Others – ResearchAndMarkets.com

DUBLIN – (BUSINESS WIRE) – Added “Cryptocurrency Market: Global Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2021-2026” report ResearchAndMarkets.com to offer.

The global cryptocurrency market reached $ 364.5 billion in 2020. Looking ahead, the market is expected to grow at a CAGR of 60.8% in the period 2021-2026.

Mentioned companies

• Advanced Micro Devices Inc.

• Alphapoint Corporation

• Bitfury Holding BV

• Coinbase Inc.

• Cryptomove Inc.

• Intel Corporation

• Microsoft Corporation

• Quantstamp Inc.

• Ripple Labs Inc.

• Xilinx Inc.

Taking into account the uncertainties of COVID-19, the analyst continuously tracks and evaluates the direct and indirect impact of the pandemic. These insights are included in the report as an important contributor to the market.

Cryptocurrency refers to digital or virtual money that is secured by cryptography to monitor transactions and prevent counterfeiting. It has no physical representation and is distributed over a vast network of computers connected to a virtual environment. It works via decentralized networks based on blockchain technology. The transfers are secured by public or private keys and linked directly to the user’s digital wallet. Unlike the traditionally used currency, it is not issued by a central authority and has minimal government intervention or manipulation. It also offers various benefits such as improved portability, divisibility, inflation resistance, and transparency.

The increasing digitization across all industries is one of the key factors for the growth of the market. Accordingly, the easy accessibility and the increasing spread of high-speed Internet connections in daily life ensure positive market prospects. In addition, the legalization and approval of buying, selling or trading virtual currencies in various developed countries are also driving market growth. With the immense transparency of distributed ledger technology or blockchain, there is a minimal risk of fraudulent or unwanted transactions due to human or machine errors or data manipulation. This enables all parties to monitor in real time all changes that are made during the transaction, thus providing improved data security and immutability of the transactions. In addition, convenient access to online trading platforms that can be used via smartphones is contributing to market growth. Other factors, including the industry’s growing market cap, or market cap, are expected to continue driving the market along with the advent of Bitcoin Cash and Bitcoin Lite.

Key questions answered in this report

• How has the global cryptocurrency market developed so far and how will it develop in the coming years?

• What is the impact of COVID-19 on the global cryptocurrency market?

• What are the main regional markets?

• How is the market divided by type?

• How is the market divided based on the component?

• How is the market split based on the process?

• What is the market split based on the application?

• What are the different stages of the industry’s value chain?

• What are the main driving factors and challenges in the industry?

• How is the global cryptocurrency market structured and who are the main players?

• How high is the competition in the industry?

Key topics covered:

1 Introduction

2 Scope and methodology

3 Summary

4 Introduction

4.1 Overview

4.2 Major industry trends

5 Global Cryptocurrency Market

5.1 Market overview

5.2 Market performance

5.3 Effects of COVID-19

5.4 Market forecast

6 Market division by type

6.1 Bitcoin

6.1.1 Market trends

6.1.2 Market forecast

6.2 Ethereum

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 waviness

6.4.1 Market Trends

6.4.2 Market forecast

6.5 Litecoin

6.5.1 Market trends

6.5.2 Market forecast

6.6 Dashcoin

6.6.1 Market trends

6.6.2 Market forecast

6.7 Other

6.7.1 Market trends

6.7.2 Market forecast

7 Market division according to components

7.1 Hardware

7.1.1 Market trends

7.1.2 Market forecast

7.2 software

7.2.1 Market trends

7.2.2 Market forecast

8 Market division by process

8.1 Mining

8.1.1 Market trends

8.1.2 Market forecast

8.2 Transaction

8.2.1 Market trends

8.2.2 Market forecast

9 Market division by application

9.1 Trading

9.1.1 Market trends

9.1.2 Market forecast

9.2 Transfer

9.2.1 Market trends

9.2.2 Market forecast

9.3 Payment

9.3.1 Market trends

9.3.2 Market forecast

9.4 Other

9.4.1 Market trends

9.4.2 Market forecast

10 Market breakdown by region

11 SWOT analysis

12 Value chain analysis

13 Porter’s Five Forces Analysis

14 Price Analysis

15 competitive landscape

15.1 Market structure

15.2 Main Actors

15.3 Profiles of the main actors

Please visit https://www.researchandmarkets.com/r/ksmij0 for more information on this report

source https://www.bisayanews.com/2021/09/26/worldwide-cryptocurrency-industry-to-2016-featuring-coinbase-cryptomove-and-intel-among-others-researchandmarkets-com/