Albany, New York, April 2, 2018: Presently, the cryptocurrency market is experiencing a steady and impressive period which has benefited a number of candidates associated to this system. Moreover, the offering of secure transactions and low cost of remittance is motivating the market to move forward. In order to study the recent as well as forecast trends from the global cryptocurrency market, a fresh study has been added to the wide database of Market Research Reports Search Engine (MRRSE). The research report is titled “Cryptocurrency Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025”, which discusses the regional as well as segment-wise analysis for enlightening the readers.
According to this research report, all the major trends and technologies influencing the global cryptocurrency market are enclosed to deliver a better perspective. Market dynamics such as drivers, restraints and opportunities are studied during the forecast period. Moreover, readers can access a holistic perspective on the market’s growth in terms of revenue (in US$ Mn) across different geographical regions, namely Europe, North America, Asia Pacific, South America and Middle East & Africa. Based on research analytics, the global cryptocurrency market in 2016 was fixed at US$ 574.3 mn and is expected to reach US$ 6,702.1 mn by 2025, growing at a CAGR of 31.3%.
Further, porter’s five forces analysis delivers a brief assessment regarding the level of competition inside the cryptocurrency industry. Moreover, business strategy for determining the competitive attractiveness as well as intensity of the cryptocurrency market can be accessed without any hassle. Readers can even manage information focused at key industry developments highlighting significant advances managed by leading market players during the forecast period.
As the report proceeds, readers get a fair idea about the market segmentation based on different factors like type and component. On the basis of component, the overall market is divided as hardware and software. Moreover, the hardware segment is further segregated into FPGA, ASIC, wallet, GPU and others. Considering the software segment, mining platform, exchange and blockchain, coin wallet are the sub-segments. Based on type, the global cryptocurrency market is bifurcated into Ethereum, Bitcoin, Ripple (XRP), Dashcoin, Litecoin and others. The Bitcoin segment does hold the highest market share at present, and is expected to maintain the same during the forecast period. At present, Intel Corporation, NVIDIA Corporation, Microsoft Corporation, BitFury Group Limited, Advanced Micro Devices, Inc., Xilinx Inc., BitGo, Alphapoint Corporation, BTL Group Ltd and Ripple, are few companies which have gained supreme importance in the global cryptocurrency market. Each of these players have been studied and examined in this research report.
Browse Full Global Cryptocurrency Market Report with TOC : https://www.mrrse.com/cryptocurrency-market
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