Global Bitcoin Market Report (2022 to 2030) – Includes Coinbase, Unocoin Technologies, Bitstamp and BitPay – GlobeNewswire | Jewelry Dukan

Dublin, Sept. 19, 2022 (GLOBE NEWSWIRE) — The “Bitcoin Market Size, Share & Trend Analysis Report by Application (Exchanges, Remittance Services, Payment & Wallet), by End-Use (BFSI, E-Commerce, Media & Entertainment), by Region and Segment Forecasts, 2022-2030” was added to the report ResearchAndMarkets.com Offer.

According to this conducted study, the size of the global bitcoin market is expected to reach USD 132.91 billion by 2030 and will grow at a CAGR of 26.2% from 2022 to 2030.

The growing adoption of cryptocurrencies around the world is expected to drive the Bitcoin market over the forecast period due to the numerous benefits that come with it, such as decentralization and ease of exchange. In addition, the strong emphasis placed by payment service providers on providing better payment solutions is fueling the expansion of the industry.

Market participants invest in new and innovative product developments to establish the Bitcoin market. For example, Proshares, an issuer of exchange-traded funds (ETFs), launched the first-ever short ETF with Bitcoin links in June 2022. It is specifically designed to help investors profit from cryptocurrency price declines.

Several crypto 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 two-pronged growth strategy.

In 2020, the COVID-19 pandemic led to the global economic crisis, which greatly contributed to the growth of the Bitcoin market. The outbreak led to a financial crisis that led to currency devaluation. On the other hand, an increase in Bitcoin trading volume was observed during the significant currency devaluation. In times of crisis, residents switch to safe assets and bitcoin trading picks up.

Bitcoin Market Report Highlights

  • Due to the large daily trading volumes on the exchanges and the growing popularity of Bitcoin as an alternative investment option, the exchange segment is expected to dominate over the forecast period
  • The BFSI segment is expected to dominate the market over the forecast period. The rapid adoption of cryptocurrencies by financial institutions is expected to drive growth due to the unique opportunities such as the revolution in payment services
  • The Asia Pacific regional market is expected to register the fastest CAGR during the forecast period. The proliferation of crypto-based startups and decentralized finance (Defi) projects in countries like Singapore and the Philippines is likely to boost regional growth

Main topics covered:

Chapter 1 Methodology and Scope

Chapter 2 summary

Chapter 3 Bitcoin Industry Outlook
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 Market Driver Analysis
3.4.1.1 Use of Bitcoin as a medium of exchange
3.4.1.2 Pioneer Status of Bitcoin
3.4.2 Market Challenge Analysis
3.4.2.1 Regulatory Concerns
3.5 Mapping penetration and growth prospects
3.6 Bitcoin Market – Porter’s Five Forces Analysis
3.7 Bitocin Market – PESTEL Analysis

Chapter 4 Analysis of the investment landscape
4.1 Investor Strategies
4.2 Investor Vision & Target Analysis
4.3 Fundraising for Language Assistants
4.4 Investing in Self Checkout Stores

Chapter 5 Bitcoin Application Outlook
5.1 Bitcoin Market Share by Application, 2021
5.2 Exchange
5.2.1 Bitcoin Exchange Market, 2017 – 2030
5.3 Transfer Services
5.3.1 Bitcoin Remittance Services Market, 2017-2030
5.4 Payment & Wallet
5.4.1 Payment and Wallet Bitcoin Market, 2017-2030

Chapter 6 Bitcoin End Use Outlook
6.1 Bitcoin Market Share by End Use, 2021
6.2 BFSI
6.2.1 Bitcoin Market in BFSI, 2017 – 2030
6.3 Ecommerce
6.3.1 Bitcoin Market in E-Commerce, 2017 – 2030
6.4 Media & Entertainment
6.4.1 Bitcoin Market in Media & Entertainment, 2017 – 2030
6.5 Miscellaneous
6.5.1 Bitcoin Market in Others, 2017 – 2030

Chapter 7 Regional Outlook for Bitcoin

Chapter 8 Competitive Analysis
8.1 Recent Developments and Impact Analysis by Major Market Players
8.2 Company Categorization
8.3 Vendor Landscape
8.3.1 Major Companies Market Share Analysis, 2021
8.4 Business Analysis Tools
8.4.1 Analysis of the company’s market position
8.4.2 Competitive Dashboard Analysis

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

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


        

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