Global Cryptocurrency Market: Analysis By Type (Bitcoin, Ethereum, Ripple, Litecoin, Others), By Constituents (Exchanges, Mining, Wallet and Payment), By Region, By Country (2019 Edition): Opportunities and Forecast (2017-2024)

Global Cryptocurrency Market: Analysis By Type (Bitcoin, Ethereum, Ripple, Litecoin, Others), By Constituents (Exchanges, Mining, Wallet and Payment), By Region, By Country (2019 Edition): Opportunities and Forecast (2017-2024)

Executive Summary

According to a research report published by Azoth Analytics in August 2019, the Cryptocurrency Market was valued at USD 856.36 Billion in the year 2018. Key factors facilitating high demand of cryptocurrencies include high remittances in developed countries, increasing fluctuation in monetary regulations, and growth in venture capital investments coupled rising awareness among the investors especially in emerging nations. According to the research report, global cryptocurrency market is projected to display robust growth represented by a CAGR of 11.9% during 2019 – 2024.

Bitcoin currency holds the major share in the market owing to the growing awareness among Asian investors coupled with availability of larger returns is proliferating the market growth. Moreover, growing usage of alternative currencies such as Ethereum, Ripple and Bitcoin Cash due to their captivating features and models has been major factors backing the growth in the industry. Amongst the regions, Europe accounts for the largest regional share in the global Cryptocurrency market. Key factors driving the robust growth rate in European region include presence of enormous consumer base, and legalization of cryptocurrencies as a medium of exchange in many countries coupled with growing internet penetration, supplementing the market growth of Cryptocurrencies in the region.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Cryptocurrency Market. The report analyzes the Cryptocurrency Market by Type (Bitcoin, Ethereum, Ripple, Litecoin and Others) and by Constituents (Exchanges, Mining, Wallets and Payments). The Cryptocurrency market has been analyzed By Region (North America, Europe, Asia Pacific and Rest of the World) and By Country (U.S, Germany and Japan) for the historical period of 2017-2018 and the forecast period of 2019-2024.

Scope of the Report

Global Cryptocurrency Market (Actual Period: 2017-2018, Forecast Period: 2019-2024)

  • Market Sizing, Growth, Forecast
  • Analysis by Type - Bitcoin, Ethereum, Ripple, Litecoin, Others
  • Analysis by Constituents - Exchanges, Mining, Wallet, Payments
  • Competitive Landscape – Market Share Analysis
Regional Cryptocurrency Market - North America, Europe, Asia Pacific, ROW (Actual Period: 2017-2018, Forecast Period: 2019-2024)
  • Market Sizing, Growth, Forecast
  • Analysis by Type - Bitcoin, Ethereum, Ripple, Litecoin, Others
  • Analysis by constituents - Exchanges, Mining, Wallet, Payments
Country Analysis – Cryptocurrency Market by Value - United States, Germany, Japan (Actual Period: 2017-2018, Forecast Period: 2019-2024)
  • Market Sizing, Growth, Forecast
  • Analysis by Type - Bitcoin, Ethereum, Ripple, Litecoin, Others
Other Report Highlights
  • Strategic Recommendations
  • Market Dynamics – Trends, Drivers, Challenges
  • Company Analysis – Bitmain Technologies, BitGo, NVIDIA Corporation, Ripple Networks and Coinbase


1. Research Methodology
2. Executive Summary
3. Strategic Recommendation
4. Global Cryptocurrency: Product Outlook
5. Global Cryptocurrency: Market Outlook
6. Global Cryptocurrency: Market Dynamics
6.1 Global Cryptocurrency Market Drivers
6.1.1 Growing usage of Cryptocurrency in trading, remittance and payment
6.1.2 Fluctuations in Monetary Regulations
6.1.3 Rapidly growing technological innovations
6.1.4 Increasing number of online users across the globe
6.2 Global Market Restraints
6.2.1 Lack of awareness and technical understanding
6.2.2 Security threats with increasing cases of money laundering
6.3 Global Cryptocurrency Market Trends
6.3.1 Acceptance of cryptocurrencies across various industries
6.3.2 Growth in number of Ecommerce Companies Accepting Cryptocurrencies as Mode of Payment
6.3.3 Increasing tourism due to Idea of Traveling with One Global Currency
6.4 Global Cryptocurrency: Competitive Landscape
6.4.1 Global Cryptocurrency – By Market Share 2017
Table 1: Market Share of Leading Cryptocurrencies in 2017 (%)
6.4.2 Global Cryptocurrency Market Share Overview 2017
Table 2: Global Cryptocurrency Return on Investment, 2017-2018
6.4.3 Global Cryptocurrency – By Market Share 2018
Table 3: Market Share of Leading Cryptocurrencies in 2018 (%)
6.4.4 Global Cryptocurrency Market Share Overview 2018
6.4.5 Porter’s Five Force Analysis
6.4.6 SWOT Analysis
7. Global Cryptocurrency Market: An Analysis
7.1 Global Cryptocurrency Market: By Value 2017-2024 (USD Billion)
Table 4: Global Cryptocurrency Market Size, By Value, 2017-2024 (USD Billion)
Table 5: Global Blockchain Technology, By Market Size 2016-2021 (in USD Million)
Table 6: Global Cryptocurrency ATM Share, By Manufacturer 2018
Table 7: Leading Cryptocurrency ATM Operators Globally, By Number of ATMs 2018
Table 8: Number of Users of Cryptocurrency, By Region
Table 9: Number of Cryptocurrency ATMs, By Region 2018 (%)
Table 10: Number of Machine supporting Cryptocurrencies, By Type 2018
8. Global Cryptocurrency Market – Segmental Analysis:
8.1 By Type (2018, 2024)
Table 11: Global Cryptocurrency Market, By Type, 2018 (%)
Table 12: Global Cryptocurrency Market, By Type, 2024F (%)
8.1.1 Global Cryptocurrency Market, By Bitcoin by Value: 2017-2024 (USD Billion)
Table 13: Global Cryptocurrency Market Size, By Bitcoin, By Value, 2017-2024 (USD Billion)
Table 14: Monthly Price Index of Bitcoin, June 2017 – July 2018 (in USD)
Table 15: Monthly Price Index of Bitcoin, June 2018 – June 2019 (in USD)
Table 16: Bitcoin ATM Share, By Region 2017 (%)
Table 17: Total Number of ATM bitcoin Worldwide 2016-2019
8.1.2 Global Cryptocurrency Market, By Ethereum by Value: 2017-2024 (USD Billion)
Table 18: Global Cryptocurrency Market Size, By Ethereum, By Value, 2017-2024 (USD Billion)
Table 19: Monthly Price Index of Ethereum, June2017 – June 2018(in USD)
Table 20: Monthly Price Index of Ethereum, June 2018 – June 2019 (in USD)
8.1.3 Global Cryptocurrency Market, By Ripple by Value: 2017-2024 (USD Billion)
Table 21: Global Cryptocurrency Market Size, By Ripple, By Value, 2017-2024 (USD Billion)
Table 22: Monthly Price Index of Ripple, June 2017- June 2018 (in USD)
Table 23: Monthly Price Index of Ripple, June 2018 – June 2019 (in USD)
8.1.4 Global Cryptocurrency Market, By Litecoin by Value: 2017-2024 (USD Billion)
Table 24: Global Cryptocurrency Market Size, By Litecoin, By Value, 2017-2024 (USD Billion)
Table 25: Monthly Price Index of Litecoin, June 2017 – June 2018 (in USD)
Table 26: Monthly Price Index of Litecoin, June2018 – June 2019 (in USD)
8.1.5 Global Cryptocurrency Market, By Others by Value: 2017-2024 (USD Billion)
Table 27: Global Cryptocurrency Market Size, By Others, By Value, 2017-2024 (USD Billion)
Table 28: Monthly Price Index of Bitcoin Cash, June 2017 – June 2018 (in USD)
8.1.6 Market Attractiveness Chart of Global Cryptocurrency Market – By Type
Table 29: Market Opportunity Chart of Global Cryptocurrency Market - By Type (Year-2024)
8.2 By Constituents (2018, 2024)
Table 30: Global Cryptocurrency Market, By Constituents, 2018 (%)
Table 31: Global Cryptocurrency Market, By Constituents, 2024F (%)
8.2.1 Global Cryptocurrency Market, By Exchange by Value: 2017-2024 (USD Billion)
Table 32: Global Cryptocurrency Market Size, By Exchange, By Value, 2017-2024 (USD Billion)
Table 33: Number of Exchanges, By Region 2017 (%)
Table 34: Number of Exchanges, By Countries 2017 (%)
Table 35: Trading Revenue per Day of Crypto Exchanges, By Countries 2017 (USD Million)
Table 36: Market Share of Major Exchanges in 2018 (%)
8.2.3 Global Cryptocurrency Market, By Mining, by Value: 2017-2024 (USD Billion)
Table 37: Global Cryptocurrency Market Size, By Mining, By Value, 2017-2024 (USD Billion)
Table 38: Major Mining Pools, By Country 2017
Table 39: Languages available on major mining pool websites 2017 (%)
Table 40: Largest Mining Pools Worldwide (All-Time)
Table 41: Largest Mining Pools Worldwide (August 2017 – August 2018)
8.2.4 Global Cryptocurrency Market, By Wallet, by Value: 2017-2024 (USD Billion)
Table 42: Global Cryptocurrency Market Size, By Wallets, By Value, 2017-2024 (USD Billion)
Table 43: Number of Wallets Provider, By Region 2017 (%)
Table 44: Number of Wallets Provider, By Countries 2017 (%)
Table 45: Number of Active Crypto Wallet Holders 2013-2017 (in Million)
8.2.5 Global Cryptocurrency Market, By Payments by Value: 2017-2024 (USD Billion)
Table 46: Global Cryptocurrency Market Size, By Payments, By Value, 2017-2024 (USD Billion)
Table 47: Average Transaction Size, By Payment Channel 2017 (in USD)
Table 48: Geographical Dispersion of Payment Companies, By Countries 2017
8.2.6 Market Attractiveness Chart of Global Cryptocurrency Market – By Constituents
Table 49: Market Opportunity Chart of Global Cryptocurrency Market - By Constituents (Year-2024)
9. Global Cryptocurrency Market: Regional Analysis
9.1 Global Cryptocurrency Market, By Regional Share, By Value – (2018, 2024)
Table 50: Global Cryptocurrency Market, Regional Share, 2018 (%)
Table 51: Global Cryptocurrency Market, Regional Share, 2024F (%)
9.2 Market Attractiveness Chart of Global Cryptocurrency Market – By Region
Table 52: Market Opportunity Chart of Global Cryptocurrency Market - By Size, By Value (Year-2024)
10. North America Cryptocurrency Market: An Analysis
10.1 North America Cryptocurrency Market, By Value 2017-2024
Table 53: North America Cryptocurrency Market- By Type, By Value (USD Billion), 2017-2024
10.2 North America Cryptocurrency Market: Segmental Analysis
10.2.1 North America Cryptocurrency Market, By Type, By Value 2017-2024 (USD Billion)
Table 54: North America Cryptocurrency Market- By Type, By Value (USD Billion), 2017-2024
10.2.2 North America Cryptocurrency Market, By Constituents, By Value 2017-2024 (USD Billion)
Table 55: North America Cryptocurrency Market- By Constituents, By Value (USD Billion), 2017-2024
11. North America Cryptocurrency Market – Country Analysis
11.1 United States Cryptocurrency Market
11.1.1 United States Cryptocurrency Market, By Value 2017-2024
Table 56: United States Cryptocurrency Market Size, By Value, 2017-2024 (USD Billion)
Table 57: Average money spent on Cryptocurrency in United States 2018 (in USD)
Table 58: Leading Blockchain Patent Owners in United States, June 2019 (by number of Patents)
11.1.2 United States Cryptocurrency Market, By Type 2017-2024
Table 59: United States Cryptocurrency Market- By Type, By Value (USD Billion), 2017-2024
12. Europe Cryptocurrency Market: An Analysis
12.1 Europe Cryptocurrency Market, By Value 2017-2024
Table 60: Europe Cryptocurrency Market Size, By Value, 2017-2024 (USD Billion)
12.1.1 Europe Cryptocurrency Market, By Type, By Value 2017-2024 (USD Billion)
Table 61: Europe Cryptocurrency Market- By Type, By Value (USD Billion), 2017-2024
12.1.2 Europe Cryptocurrency Market, By Constituents, By Value 2017-2024 (USD Billion)
Table 62: Europe Cryptocurrency Market- By Constituents, By Value (USD Billion), 2017-2024
13. Europe Cryptocurrency Market: Country Analysis
13.1 Germany Cryptocurrency Market
13.1.1 Germany Cryptocurrency Market, By Value 2017-2024
Table 63: Germany Cryptocurrency Market Size, By Value, 2017-2024 (USD Billion)
13.1.2 Germany Cryptocurrency Market, By Type 2017-2024
Table 64: Germany Cryptocurrency Market- By Type, By Value (USD Billion), 2017-2024
14. Asia-Pacific Cryptocurrency Market: An Analysis
14.1 Asia-Pacific Cryptocurrency Market, By Value 2017-2024
Table 65: Asia-Pacific Cryptocurrency Market Size, By Value, 2017-2024 (USD Billion)
14.1.1 Asia-Pacific Cryptocurrency Market, By Type, By Value 2017-2024 (USD Billion)
Table 66: Asia-Pacific Cryptocurrency Market- By Type, By Value (USD Billion), 2017-2024
14.1.2 Asia-Pacific Cryptocurrency Market, By Constituents, By Value 2017-2024 (USD Billion)
Table 67: Asia-Pacific Cryptocurrency Market- By Constituents, By Value (USD Billion), 2017-2024
15. Asia-Pacific Cryptocurrency Market: Country Analysis
15.1 Japan Cryptocurrency Market
15.1.1 Japan Cryptocurrency Market, By Value 2017-2024
Table 68: Japan Cryptocurrency Market Size, By Value, 2017-2024 (USD Billion)
15.1.2 Japan Cryptocurrency Market, By Type 2017-2024
Table 69: Japan Cryptocurrency Market- By Type, By Value (USD Billion), 2017-2024
16. Rest of the World Cryptocurrency Market: An Analysis
16.1 Rest of the World Cryptocurrency Market, By Value 2017-2024
Table 70: Rest of the World Cryptocurrency Market Size, By Value, 2017-2024 (USD Billion)
16.1.1 Rest of the World Cryptocurrency Market, By Type, By Value 2017-2024 (USD Billion)
Table 71: Rest of the World Cryptocurrency Market- By Type, By Value (USD Billion), 2017-2024
16.1.2 Rest of the World Cryptocurrency Market, By Constituents, By Value 2017-2024 (USD Billion)
Table 72: Rest of the World Cryptocurrency Market- By Constituents, By Value (USD Billion), 2017-2024
17. Company Profiles
17.1 Bitmain Technologies
17.2 Ripple Networks
17.3 Coinbase
17.4 BitGo
17.5 NVIDIA Corporation

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook