Overview:
Cryptocurrency is a digital currency that utilizes cryptography techniques to make the transactions secure and to limit the creation of additional units of currency. Cryptocurrency is decentralized and there is no third-party/central body/governing body involved in producing new currency, verifying transactions, and protecting the currency supply. The blockchain acts as a ledger that shows the transaction activities between the peers. Cryptocurrency opts as a future revenue stream in the digital finance world. Furthermore, cryptocurrency is not bound by any rules or regulations of any specific government or exchange rates, interest rates, and country to country transaction fee, which makes international transactions faster. The prime drivers of the cryptocurrency market include proper security, authentication and ease of transactions. The Cryptocurrency and Blockchain technology allows the users to send exactly what they want without involvement of third party. Globally, more than 70% of the mobile phone users prefer transactions over their phones, which is one of the major drivers for the cryptocurrency market growth.
Market Analysis:
The “Worldwide Crypto-currency and Blockchain Technology Market” is estimated to witness a CAGR of 35.2% during the forecast period 2016–2022. The crypto-currency market is analyzed based on two segments – verticals and regions. The increasing online transaction, less transaction fees, easy and faster transaction, changing consumer and business landscape have led the demand for the market growth.
Regional Analysis:
The regions covered in the report are Americas, Europe, Asia Pacific and Middle East & Africa; along with the analysis of major countries in each region. The Americas is set to be the leading region for the cryptocurrency market growth followed by Europe. The Asia Pacific and MEA are set to be the emerging regions. India is set to be the most attractive destination and in Africa, the popularity and the usage of various cryptocurrencies are expected to increase in the coming years. The MEA market revenue is expected to reach $3.02 billion by 2022. The major countries covered in this report are the US, Canada, Argentina, the UK, Germany, Italy, France, Poland, China, Japan, Singapore, Vietnam, GCC Countries, Africa and Others.
Vertical Analysis:
Day-to-day, the consumer’s demands are changing and they are looking for the best and less time-consuming services to make their life easier. With these changes, the industry players have started moving towards the online business services and are adopting mobile based technology in their business units to reach their customer demands. In the current market scenario, the rise of online transactions has led the demand for the cryptocurrency and blockchain technology market. The major verticals covered are BFSI, retail, media & entertainment, gaming industry, healthcare, travel & tourism, transportation & logistics and education. Globally, the industry players are showing interest towards the blockchain and crypto-currency acceptance and making a partnership and discussing with value chain players in order to understand the benefits of blockchain technology. Additionally, few of the verticals have already started the acceptance of crypto-currencies (e.g. Bitcoin) as a payment option. Especially, the retail industry is set to be the leading vertical after BFSI for the crypto-currencies acceptance and the retail market revenue is expected to reach $10,447.2 million by 2022.
Key Players:
Zebpay, Coinsecure, Coinbase, Bitstamp Ltd., Litecoin, Poloniex Inc., Bitfury Group Limited, Unocoin, Ripple, Bitfinex, Global Area Holding Inc., BTL Group Ltd., Digital Limited, IBM Corp., Microsoft Corp. and other predominate and niche players.
Competitive Analysis:
In the current market scenario, the crypto-currency and blockchain technology market is at a nascent stage. But, a lot of new players are entering the market as it holds huge business opportunities. Especially, new start-ups are coming with new products/services in the market and they are expecting to see a double-digit growth in the upcoming years. In this space, venture funding in this market is expected to grow and collaborations, merger & acquisition activities are expected to continue.
Benefits:
The report provides complete details about the usage and adoption rate of crypto-currency and blockchain technology in various industry verticals and regions. With that, key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, government initiatives towards the crypto-currency market adoption in the upcoming years. In other end, the report provides details about the major challenges that are going to impact on the market growth. Furthermore, the report gives the complete details about the key business opportunities to key stakeholders to expand their business and capture the revenue in the specific verticals. In addition, each vertical provides the key reason for the crypto-currency adoption, key opportunities, and government bodies information. This will help the key stakeholders to analyze before investing or expanding the business in this market.
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends
1.3 PEST Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Related Market
3.3.1 Mobile Wallet
4 Market Outlook
4.1 Overview
4.2 Market Definition – Infoholic Research
4.2.1 Crypto-currency and Blockchain
4.2.2 View on Crypto-currency
4.2.3 Social Media Role in Crypto-currency World
4.3 Market Trends
4.4 Market Segmentation
4.5 Porter 5 (Five) Forces
5 Market Characteristics
5.1 Evolution
5.2 Ecosystem
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Easy and faster transactions
5.3.1.2 Low collapse and inflation risk
5.3.1.3 Low transactional cost
5.3.2 Restraints
5.3.2.1 Lack of awareness
5.3.2.2 Slow adoption rate
5.3.3 Opportunities
5.3.3.1 A look at developing countries
5.3.3.2 User-friendly wallets
5.3.3.3 E-commerce market
5.4 DRO – Impact Analysis
5.5 Key Stakeholders
6 Crypto-currency: Outlook
6.1 Overview
6.2 Bitcoin (BTC)
6.3 Ether (ETH)
6.4 Litecoin (LTC)
6.5 Ripple
6.6 Peercoin
6.7 Dogecoin
6.8 Namecoin
7 Verticals: Market Size and Analysis
7.1 Overview
7.2 BFSI
7.2.1 Reason for Crypto-currency Adoption in BFSI
7.2.2 Key Opportunities
7.3 Retail
7.3.1 Reason for Crypto-currency Adoption in Retail
7.3.2 Key Opportunities
7.4 Media & Entertainment
7.4.1 Reason for Cryptocurrency Adoption in Media & Entertainment
7.4.2 Key Opportunities
7.5 Gaming Industry
7.5.1 Reason for Cryptocurrency Adoption in Gaming Industry
7.5.2 Key Opportunities
7.6 Healthcare
7.6.1 Reason for Cryptocurrency Adoption in Healthcare
7.6.2 Key Opportunities
7.7 Travel & Tourism
7.7.1 Reason for Cryptocurrency Adoption in Travel & Tourism
7.7.2 Key Opportunities
7.8 Transportation & Logistics
7.8.1 Reason for Crypto-currency Adoption in T&L
7.8.2 Key Opportunities
7.9 Education
8 Regions: Market Size and Analysis
8.1 Overview
8.2 Americas
8.2.1 US
8.2.2 Canada
8.2.5 Argentina
8.3 Europe
8.3.1 UK
8.3.2 Germany
8.3.3 Italy
8.3.4 France
8.3.5 Poland
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Singapore
8.4.5 Vietnam
8.5 Middle East & Africa
8.5.1 GCC Countries
8.5.2 Africa
9 Vendor Profiles
9.1 ZEB IT Service Pvt. Ltd.
9.1.1 Overview
9.1.2 Geographic Presence
9.1.3 Business Focus
9.1.4 SWOT Analysis
9.1.5 Business Strategies
9.2 Coinsecure
9.2.1 Overview
9.2.2 Geographic Presence
9.2.3 Business Focus
9.2.4 SWOT Analysis
9.2.5 Business Strategies
9.3 Coinbase
9.3.1 Overview
9.3.2 Geographic Presence
9.3.3 Business Focus
9.3.4 SWOT Analysis
9.3.5 Business Strategies
9.4 Bitstamp Ltd.
9.4.1 Overview
9.4.2 Geographic Presence
9.4.3 Business Focus
9.4.4 SWOT Analysis
9.4.5 Business Strategies
9.5 Litecoin
9.5.1 Overview
9.5.2 Geographic Presence
9.5.3 Business Focus
9.5.4 SWOT Analysis
9.5.5 Business Strategies
9.6 Poloniex Inc.
9.6.1 Overview
9.6.2 Geographic Presence
9.6.3 Business Focus
9.6.4 SWOT Analysis
9.6.5 Business Strategies
9.7 BitFury Group Limited
9.7.1 Overview
9.7.2 Geographic Presence
9.7.3 Business Focus
9.7.4 SWOT Analysis
9.7.5 Business Strategies
9.8 Unocoin Technologies Private Limited
9.8.1 Overview
9.8.2 Geographic Presence
9.8.3 Business Focus
9.8.4 SWOT Analysis
9.8.5 Business Strategies
9.9 Ripple
9.9.1 Overview
9.9.2 Geographic Presence
9.9.3 Business Focus
9.9.4 SWOT Analysis
9.9.5 Business Strategies
9.10 OKEX Fintech Company Limited
9.10.1 Overview
9.10.2 Geographic Presence
9.10.3 Business Focus
9.10.4 SWOT Analysis
9.10.5 Business Strategies
9.11 Bitfinex
9.11.1 Overview
9.11.2 Geographic Presence
9.11.3 Business Focus
9.11.4 SWOT Analysis
9.11.5 Business Strategies
10 Global Generalist
10.1 Global Arena Holding, Inc.
10.1.1 Overview
10.1.2 Global Arena Holding, Inc. in Crypto-currency and Blockchain Technology
10.2 BTL Group Ltd.
10.2.1 Overview
10.2.2 BTL Group Ltd. in Crypto-currency and Blockchain Technology
10.3 DigitalX Limited
10.3.1 Overview
10.3.2 DigitalX Limited in Crypto-currency and Blockchain Technology
10.4 IBM Corp.
10.4.1 Overview
10.4.2 IBM in Crypto-currency and Blockchain Technology
10.5 Microsoft Corporation
10.5.1 Overview
10.5.2 Microsoft in Crypto-currency and Blockchain Technology
11 Competitive Landscape
11.1 Competitor Comparison Analysis
11.2 Market Landscape
11.2.1 Mergers & Acquisitions (M&A)
11.2.2 Joint Ventures
12 Expert’s Views
