Global Cryptocurrency
SummaryGlobal Cryptocurrency industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Cryptocurrency markets are described as a decentralized (not issued or backed by a central authority such as a government) network-based currency market. Cryptocurrencies can be bought and sold via exchanges and stored in ‘wallets’. Unlike traditional currencies, cryptocurrencies exist only as a shared digital record of ownership, stored on a blockchain.
- The global Cryptocurrency market is expected to generate total market capitalization of $994.9billion in 2022, representing a compound annual growth rate (CAGR) of 56.7% between 2017 and 2022.
- Market consumption volume is forecast to increase with a CAGR of 133% between 2017 and 2022, to reach a total of 43,021.1 billion trading volume USD in 2022.
- Bankruptcies of several market players, growing inflation, and challenging macroeconomic conditions have made the cryptocurrency market extremely volatile.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the cryptocurrency market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global cryptocurrency market
- Leading company profiles reveal details of key cryptocurrency market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global cryptocurrency market with five year forecasts
Reasons To Buy
- What was the size of the Global cryptocurrency market by value in 2022?
- What will be the size of the Global cryptocurrency market in 2027?
- What factors are affecting the strength of competition in the Global cryptocurrency market?
- How has the market performed over the last five years?
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