August 6, 2020

Cryptocurrency Market Forecast Report 2020 – 2027 – Top Key Players Analysis

The GMI Research adds new research on the Cryptocurrency market, a detailed analysis of this business space, including the emerging market trends, competitive landscape, and market size. The report covers various parameters among different segment analysis, the regional growth landscape, and an in-depth study of the industry’s competitive scenario.

Leading Players of the Cryptocurrency market:

The major players in the market include Quantstamp, Inc., Ripple, BitGo, Advanced Micro Devices, Inc., Xilinx, BitMain Technologies Holding Company, Intel Corporation, Bitfury Group Limited, Coinbase, and Ethereum Foundation, among others.

Key Drivers of the Cryptocurrency market:

The increasing adoption of cryptocurrency for payments and other options across various developed and emerging economies is the major factor that is contributing to the growth of the cryptocurrency market size. Moreover, numerous R&D activities and several technological advancements for the development of cryptocurrency, including the implementation of blockchain technology is leading to an increase in the demand of the market. In addition to this, variations in the monetary regulations, the growing number of cross-border payments, along with increasing penetration of the internet are further surging the market’s demand.

According to the cryptocurrency market analysis, the acceptance of cryptocurrency across various application areas and the remarkable benefits related to the use of the cryptocurrency such as easier international trade, increased adaptability, more confidential transactions, reduced transaction fees along with instant payments are further enhancing the market’s growth. Furthermore, the growing focus on using digital currencies, crypto assets, and other blockchain technologies is another key factor boosting the demand of the market. On the other hand, the increasing concerns related to the privacy, security & control and lack of technical understanding related to the cryptocurrency are hampering the growth of the market.

Market Segmentation of the Cryptocurrency market:

This report focuses on the Cryptocurrency market status, forecast, growth opportunities, key development, and the leading players in the market. The main aim of the study is to present the trends and developments in North America, Europe, Asia Pacific, and RoW.

Segment by Offering:

  • Hardware
  • Gpu
  • Asic
  • FPGA
  • Wallet
  • Software
  • Coin Wallet
  • Mining Platform
  • Exchange

Segment by Process:

  • Transaction

o Wallet

o Exchange

  • Mining

o Pool Mining

o Solo Mining

o Cloud Mining

Segment by Type:

  • Etgereum (ETH)
  • Bitcoin
  • Ripple (XRP)
  • Bitcoin Cash
  • Litecoin (LTC)
  • Dashcoin
  • Others

Segment by Application:

  • Remittance
  • Trading
  • Payment

o Ecommerce & Retail

o Peer-To-Peer Payment,

o Travel & Tourism

o Media & Entertainment

o Others

Segment by Region:

  • North America

o United States of America

o Canada

  • Asia Pacific

o China

o Japan

o India

o Rest of APAC

  • Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

  • RoW

o Brazil

o South Africa

o Saudi Arabia


o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to helping businesses stay ahead of the curve.