Global Bitcoin Market Report (2022-2030)

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Global bitcoin market

Global bitcoin market

Global bitcoin market

Dublin, September 19, 2022 (GLOBE NEWSWIRE) – The “Report on the Analysis of Bitcoin Market Sizes, Stocks and Trends by Application (Exchanges, Remittance Services, Payments and Wallets), for End Use (BFSI, E-Commerce) , Media and Entertainment), by region and segment forecasts, 2022-2030 “was added to the report by ResearchAndMarkets.com offer.

According to this study, the size of the global bitcoin market is expected to reach $ 132.91 billion by 2030, growing at a CAGR of 26.2% from 2022 to 2030.

The growing acceptance of cryptocurrencies globally, due to the many benefits associated with them, such as decentralization and ease of exchange, is expected to drive the bitcoin market over the forecast period. Furthermore, the significant emphasis of payment service providers on providing better payment solutions promotes the expansion of the industry.

Market players are investing in developing new and innovative products to establish the Bitcoin market. For example, in June 2022, Proshares, an issuer of Exchange-Traded Funds (ETF), introduced the first ever short ETF linked to Bitcoin. It is specifically designed to help investors profit from cryptocurrency price drops.

Several cryptocurrency exchanges are expanding their operational reach to seize the opportunity to capture the growing Bitcoin and cryptocurrency market. For example, in March 2022, Coinbase planned to expand its presence in European markets, in line with its dual growth strategy.

In 2020, the COVID-19 pandemic led to the global economic crisis, which contributed significantly to the growth of the bitcoin market. The outbreak led to a financial crisis, which led to the devaluation of the currency. On the other hand, a spike in Bitcoin’s trading volume was observed during the currency’s significant devaluation. In times of crisis, residents switch to safe assets and Bitcoin trading resumes.

Highlights of the Bitcoin Market Report

  • The trading segment is expected to dominate over the forecast period due to the large volumes traded on exchanges every day and the growing popularity of bitcoin as an alternative investment option.

  • The BFSI segment is expected to dominate the market over the forecast period. Rapid adoption of cryptocurrencies among financial institutions is expected due to unique opportunities such as the revolution in payment services will drive growth

  • The Asia Pacific regional market is expected to witness the fastest CAGR over the forecast period. The growing prevalence of cryptocurrency-based startups and decentralized finance (DEFI) projects in countries like Singapore and the Philippines is expected to boost regional growth

Key topics covered:

Chapter 1 Methodology and scope

Chapter 2 Executive Summary

Chapter 3 Bitcoin Industry Perspectives
3.1 Market segmentation and scope
3.2 Market size and growth prospects
3.3 Bitcoin – Value chain analysis
3.4 Bitcoin Market – Market Dynamics
3.4.1 Analysis of market drivers
3.4.1.1 Using Bitcoin as a medium of exchange
3.4.1.2 The pioneering state of Bitcoin
3.4.2 Analysis of market challenges
3.4.2.1 Regulatory concerns
3.5 Mapping of the prospects for penetration and growth
3.6 Bitcoin Market – Porter’s Five Forces Analysis
3.7 Bitocine Market – PESTEL Analysis

Chapter 4 Analysis of the investment landscape
4.1 Strategies for Investors
4.2 Investor vision and analysis of objectives
4.3 Funding raised in voice assistant devices
4.4 Investments made in automatic payment shops

Chapter 5 Outlook of the Bitcoin application
5.1 Bitcoin Market Share by Application, 2021
5.2 Exchanges
5.2.1 Bitcoin market exchanges, 2017 – 2030
5.3 Remittance Services
5.3.1 Bitcoin remittance market, 2017 – 2030
5.4 Payment and Wallet
5.4.1 Payment and wallet bitcoin market, 2017 – 2030

Chapter 6 Outlook on the end use of Bitcoin
6.1 Bitcoin End Use Market Share, 2021
6.2 BFSI
6.2.1 Bitcoin market in BFSI, 2017 – 2030
6.3 Electronic Commerce
6.3.1 Bitcoin market in e-commerce, 2017 – 2030
6.4 Media and Entertainment
6.4.1 Bitcoin Market in Media and Entertainment, 2017-2030
6.5 Others
6.5.1 Bitcoin market in others, 2017 – 2030

Chapter 7 Bitcoin Regional Perspectives

Chapter 8 Competitive Analysis
8.1 Recent developments and impact analysis by key market participants
8.2 Company categorization
8.3 Vendor overview
8.3.1 Market share analysis of key companies, 2021
8.4 Business Analysis Tools
8.4.1 Analysis of the company’s market position
8.4.2 Analysis of the competitive dashboard

Chapter 9 Competitive Landscape
9.1 Blockstream Corporation Inc.
9.1.1 Company overview
9.1.2 Financial performance
9.1.3 Comparative analysis of the product
9.1.4 Strategic initiatives
9.2 Coinbase Inc.
9.2.1 Company overview
9.2.2 Financial performance
9.2.3 Comparative analysis of the product
9.2.4 Strategic initiatives
9.3 Coinfy ApS
9.3.1 Company overview
9.3.2 Financial performance
9.3.3 Comparative analysis of the product
9.3.4 Strategic initiatives
9.4 Unocoin Technologies Pvt Limited.
9.4.1 Company overview
9.4.2 Financial performance
9.4.3 Comparative analysis of the product
9.4.4 Strategic initiatives
9.5 Bitstamp Ltd.
9.5.1 Company overview
9.5.2 Financial performance
9.5.3 Comparative analysis of the product
9.5.4 Strategic initiatives
9.6 itBit Trust Company LLC
9.6.1 Company overview
9.6.2 Financial performance
9.6.3 Comparative analysis of the product
9.6.4 Strategic initiatives
9.7 Blockchain Luxembourg SA
9.7.1 Company overview
9.7.2 Financial performance
9.7.3 Comparative analysis of the product
9.7.4 Strategic initiatives
9.8 Kraken (Payward Inc.)
9.8.1 Company overview
9.8.2 Financial performance
9.8.3 Comparative analysis of the product
9.8.4 Strategic initiatives
9.9 BitPay Inc.
9.9.1 Company overview
9.9.2 Financial performance
9.9.3 Comparative analysis of the product
9.9.4 Strategic initiatives
9.10 Plutus Financial Inc. (ABRA)
9.10.1 Company overview
9.10.2 Financial performance
9.10.3 Comparative analysis of the product
9.10.4 Strategic initiatives

For more information on this report, please visit https://www.researchandmarkets.com/r/iu7j8j

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