Worldwide Cryptocurrency and Blockchain Market (2016-2022)

  • Report Code : INF497434
  • Published On: Apr, 2021
  • Category : Business & Finance
  • Pages : 105

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  • Worldwide Crypto-currency and Blockchain Technology Market – Drivers, Opportunities, Trends, and Forecasts: 2016–2022.Overview: Crypto-currency is a digital currency that utilizes cryptography techniques to make the transactions secure and to limit the creation of additional units of currency. Crypto-currency is decentralized and there is no third-party/central body/governing body involved in producing new currency, verifying transactions, and protecting the currency supply. The blockchain acts as a ledger that shows the transaction activities between the peers. Crypto-currency is a future and new revenue stream in the digital finance world. Furthermore, crypto-currency is not bound by any rules or regulations of any specific government or exchange rates, interest rates, and country to country transaction fee, which makes international transactions faster. The prime drivers of the crypto-currency market include proper security, authentication, ease of transactions and “push mechanism” that allows the crypto-currency holder to send exactly what he wants without any further information. Globally, more than 70% of the mobile phone users prefer transactions over their phones, which is one of the major drivers for the market growth.

    Market Analysis: The “Worldwide Crypto-currency and Blockchain Technology Market” is estimated to witness a CAGR of 35.2% during the forecast period 2016–2022. The crypto-currency market is analyzed based on two segments – verticals and regions. The increasing online transaction, less transaction fees, easy and faster transaction, changing consumer and business landscape have led the demand for the market growth.

    Regional Analysis: The regions covered in the report are Americas, Europe, Asia Pacific and Middle East & Africa; along with the analysis of major countries in each region. The Americas is set to be the leading region for the crypto-currency market growth followed by Europe. The Asia Pacific and MEA are set to be the emerging regions. India is set to be the most attractive destination and in Africa, the popularity and the usage of various crypto-currencies are expected to increase in the coming years. The MEA market revenue is expected to reach $3.02 billion by 2022. The major countries covered in this report are the US, Canada, Argentina, the UK, Germany, Italy, France, Poland, China, Japan, Singapore, Vietnam, GCC Countries, Africa and Others.

    Vertical Analysis: Day-to-day, the consumer's demands are changing and they are looking for the best and less time-consuming services to make their life easier. With these changes, the industry players have started moving towards the online business services and are adopting mobile based technology in their business units to reach their customer demands. In the current market scenario, the rise of online transactions has led the demand for the crypto-currency and blockchain technology market. The major verticals covered are BFSI, retail, media & entertainment, gaming industry, healthcare, travel & tourism, transportation & logistics and education. Globally, the industry players are showing interest towards the blockchain and crypto-currency acceptance and making a partnership and discussing with value chain players in order to understand the benefits of blockchain technology. Additionally, few of the verticals have already started the acceptance of crypto-currencies (e.g. Bitcoin) as a payment option. Especially, the retail industry is set to be the leading vertical after BFSI for the crypto-currencies acceptance and the retail market revenue is expected to reach $10,447.2 million by 2022.

    Key Players: Zebpay, Coinsecure, Coinbase, Bitstamp Ltd., Litecoin, Poloniex Inc., Bitfury Group Limited, Unocoin, Ripple, Bitfinex, Global Area Holding Inc., BTL Group Ltd., Digital Limited, IBM Corp., Microsoft Corp. and other predominate and niche players.

    Competitive Analysis: In the current market scenario, the crypto-currency and blockchain technology market is at a nascent stage. But, a lot of new players are entering the market as it holds huge business opportunities. Especially, new start-ups are coming with new products/services in the market and they are expecting to see a double-digit growth in the upcoming years. In this space, venture funding in this market is expected to grow and collaborations, merger & acquisition activities are expected to continue.

    Benefits: The report provides complete details about the usage and adoption rate of crypto-currency and blockchain technology in various industry verticals and regions. With that, key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, government initiatives towards the crypto-currencies adoption in the upcoming years. In other end, the report provides details about the major challenges that are going to impact on the market growth. Furthermore, the report gives the complete details about the key business opportunities to key stakeholders to expand their business and capture the revenue in the specific verticals. In addition, each vertical provides the key reason for the crypto-currencies adoption, key opportunities, and government bodies information. This will help the key stakeholders to analyze before investing or expanding the business in this market.

     

  • With tables and figures helping analyze worldwide Worldwide Cryptocurrency and Blockchain market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.


    1 Industry Outlook 11

    1.1 Industry Overview 11

    1.2 Industry Trends 11

    1.3 PEST Analysis 12


    2 Report Outline 12

    2.1 Report Scope 12

    2.2 Report Summary 13

    2.3 Research Methodology 13

    2.4 Report Assumptions 14


    3 Market Snapshot 15

    3.1 Total Addressable Market (TAM) 15

    3.2 Segmented Addressable Market (SAM) 15

    3.3 Related Market 16

    3.3.1 Mobile Wallet 16

    4 Market Outlook 16

    4.1 Overview 16

    4.2 Market Definition – Infoholic Research 16

    4.2.1 Crypto-currency and Blockchain 16
    4.2.2 View on Crypto-currency 17
    4.2.3 Social Media Role in Crypto-currency World 17

    4.3 Market Trends 17

    4.4 Market Segmentation 18

    4.5 Porter 5 (Five) Forces 19


    5 Market Characteristics 19

    5.1 Evolution 19

    5.2 Ecosystem 20

    5.3 Market Dynamics 20

    5.3.1 Drivers 21
    5.3.1.1 Easy and faster transactions 21
    5.3.1.2 Low collapse and inflation risk 21
    5.3.1.3 Low transactional cost 21
    5.3.2 Restraints 21
    5.3.2.1 Lack of awareness 21
    5.3.2.2 Slow adoption rate 22
    5.3.3 Opportunities 22
    5.3.3.1 A look at developing countries 22
    5.3.3.2 User-friendly wallets 22
    5.3.3.3 E-commerce market 22

    5.4 DRO – Impact Analysis 23

    5.5 Key Stakeholders 23


    6 Crypto-currency: Outlook 25

    6.1 Overview 25

    6.2 Bitcoin (BTC) 25

    6.3 Ether (ETH) 26

    6.4 Litecoin (LTC) 27

    6.5 Ripple 27

    6.6 Peercoin 27

    6.7 Dogecoin 28
    6.8 Namecoin 28

    7 Verticals: Market Size and Analysis 28

    7.1 Overview 28

    7.2 BFSI 29

    7.2.1 Reason for Crypto-currency Adoption in BFSI 30
    7.2.2 Key Opportunities 30

    7.3 Retail 31

    7.3.1 Reason for Crypto-currency Adoption in Retail 31
    7.3.2 Key Opportunities 31

    7.4 Media & Entertainment 32

    7.4.1 Reason for Cryptocurrency Adoption in Media & Entertainment 32
    7.4.2 Key Opportunities 32

    7.5 Gaming Industry 33

    7.5.1 Reason for Cryptocurrency Adoption in Gaming Industry 34
    7.5.2 Key Opportunities 34

    7.6 Healthcare 35

    7.6.1 Reason for Cryptocurrency Adoption in Healthcare 35
    7.6.2 Key Opportunities 35
    7.7 Travel & Tourism 36
    7.7.1 Reason for Cryptocurrency Adoption in Travel & Tourism 36
    7.7.2 Key Opportunities 36
    7.8 Transportation & Logistics 37
    7.8.1 Reason for Crypto-currency Adoption in T&L 38
    7.8.2 Key Opportunities 38
    7.9 Education 38

    8 Regions: Market Size and Analysis 40

    8.1 Overview 40

    8.2 Americas 40

    8.2.1 US 41
    8.2.2 Canada 43
    8.2.5 Argentina 45

    8.3 Europe 45

    8.3.1 UK 46
    8.3.2 Germany 47
    8.3.3 Italy 48
    8.3.4 France 49
    8.3.5 Poland 49

    8.4 Asia Pacific 50

    8.4.1 China 51
    8.4.2 Japan 52
    8.4.3 India 53
    8.4.4 Singapore 54
    8.4.5 Vietnam 55

    8.5 Middle East & Africa 56

    8.5.1 GCC Countries 57
    8.5.2 Africa 57

    9 Vendor Profiles 59

    9.1 ZEB IT Service Pvt. Ltd. 59

    9.1.1 Overview 59
    9.1.2 Geographic Presence 59
    9.1.3 Business Focus 60
    9.1.4 SWOT Analysis 60
    9.1.5 Business Strategies 61

    9.2 Coinsecure 62

    9.2.1 Overview 62
    9.2.2 Geographic Presence 62
    9.2.3 Business Focus 63
    9.2.4 SWOT Analysis 63
    9.2.5 Business Strategies 64

    9.3 Coinbase 65

    9.3.1 Overview 65
    9.3.2 Geographic Presence 65
    9.3.3 Business Focus 66
    9.3.4 SWOT Analysis 66
    9.3.5 Business Strategies 67

    9.4 Bitstamp Ltd. 68

    9.4.1 Overview 68
    9.4.2 Geographic Presence 68
    9.4.3 Business Focus 69
    9.4.4 SWOT Analysis 69
    9.4.5 Business Strategies 70

    9.5 Litecoin 71

    9.5.1 Overview 71
    9.5.2 Geographic Presence 71
    9.5.3 Business Focus 72
    9.5.4 SWOT Analysis 72
    9.5.5 Business Strategies 73

    9.6 Poloniex Inc. 74

    9.6.1 Overview 74
    9.6.2 Geographic Presence 74
    9.6.3 Business Focus 75
    9.6.4 SWOT Analysis 75
    9.6.5 Business Strategies 76
    9.7 BitFury Group Limited 77
    9.7.1 Overview 77
    9.7.2 Geographic Presence 77
    9.7.3 Business Focus 78
    9.7.4 SWOT Analysis 78
    9.7.5 Business Strategies 79
    9.8 Unocoin Technologies Private Limited 80
    9.8.1 Overview 80
    9.8.2 Geographic Presence 81
    9.8.3 Business Focus 82
    9.8.4 SWOT Analysis 83
    9.8.5 Business Strategies 83
    9.9 Ripple 84
    9.9.1 Overview 84
    9.9.2 Geographic Presence 85
    9.9.3 Business Focus 86
    9.9.4 SWOT Analysis 86
    9.9.5 Business Strategies 87
    9.10 OKEX Fintech Company Limited 87
    9.10.1 Overview 87
    9.10.2 Geographic Presence 88
    9.10.3 Business Focus 89
    9.10.4 SWOT Analysis 89
    9.10.5 Business Strategies 90
    9.11 Bitfinex 91
    9.11.1 Overview 91
    9.11.2 Geographic Presence 91
    9.11.3 Business Focus 92
    9.11.4 SWOT Analysis 93
    9.11.5 Business Strategies 93

    10 Global Generalist 94

    10.1 Global Arena Holding, Inc. 94

    10.1.1 Overview 94
    10.1.2 Global Arena Holding, Inc. in Crypto-currency and Blockchain Technology 95

    10.2 BTL Group Ltd. 95

    10.2.1 Overview 95
    10.2.2 BTL Group Ltd. in Crypto-currency and Blockchain Technology 96

    10.3 DigitalX Limited 96

    10.3.1 Overview 96
    10.3.2 DigitalX Limited in Crypto-currency and Blockchain Technology 97

    10.4 IBM Corp. 97

    10.4.1 Overview 97
    10.4.2 IBM in Crypto-currency and Blockchain Technology 98

    10.5 Microsoft Corporation 98

    10.5.1 Overview 98
    10.5.2 Microsoft in Crypto-currency and Blockchain Technology 99

    11 Competitive Landscape 99

    11.1 Competitor Comparison Analysis 100

    11.2 Market Landscape 100

    11.2.1 Mergers & Acquisitions (M&A) 100
    11.2.2 Joint Ventures 100

    12 Expert’s Views 103
    Annexure 104
     Abbreviations 104

     

  • The Worldwide Cryptocurrency and Blockchain Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
    • ZEB IT Service Pvt. Ltd.
    • Coinsecure
    • Coinbase
    • Bitstamp Ltd
    • Litecoin
    • Poloniex Inc
    • BitFury Group Limited
    • Unocoin Technoloiges Pvt Ltd
    • Ripple
    • Okex Fintech Company LTD
    • Bitfinex
    • Global Arena Holding Inc
    • BTL Group Ltd
    • DigitalX Limited
    • IBM Corp
    • Microsoft Corporation.
    By Regions:
      By Type:
        By Application:
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        Research objectives

        Where will all these developments take the industry in the long

        To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

        What are the future opportunities in the market?

        To understand the structure of Market by identifying its various subsegments.

        What are the major driving forces expected to impact the development of the market market across different regions?

        To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

        Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

        To project the consumption of market submarkets, with respect to key regions.

        Who are the major driving forces expected to decide the fate of the industry worldwide.

        To strategically profile the key players and comprehensively analyze their growth strategies.

        What are the key barriers and threats believed to hinder the development of the industry?

        To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

        Who are the prominent market players making a mark in the market with their winning strategies?

        To share detailed information about the key factors influencing the growth of the market

        What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

        Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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