Market Research Report

Global Cryptocurrency Market Research Report: Forecast (2025-2030)

Cryptocurrency Market - By Component (Hardware [FPGA, ASIC, GPU, CPU], Software [Mining Platform, Exchange, Wallet, Blockchain]), By Application (Trading, E-commerce & Retail, Peer...-to-Peer Payments, Remittance), By Type (Bitcoin, Ether, Litecoin, Ripple, Dogecoin) and Others Read more

  • FinTech
  • Nov 2024
  • 180
  • PDF, Excel, PPT

Market Definition

Cryptocurrency, a virtual currency secured using cryptography to track transactions & prevent fraudulent acts, works through decentralized networks based on Block chain technology. It eliminates the chances of identity theft using authenticated security passwords linked with users' digital wallets. It thus ensures superior safety. Presently, cryptocurrency is increasingly becoming popular & preferred over traditional currencies in several countries worldwide since it allows instant payments with nil transaction charges.

Market Insights & Analysis: Global Cryptocurrency Market (2025-30):

The Global Cryptocurrency Market size was valued at around USD 6.78 billion in 2024 and is projected to reach USD 15.03 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 14.19% during the forecast period, i.e., 2025-30. The market growth is further driven by the mounting popularity of virtual currencies like Bitcoin, Ethereum, & Litecoin, among others. Moreover, a rapid surge in venture capital funding and massive global investments in fintech companies, coupled with rapidly mounting market caps & transaction volumes of cryptocurrencies further contribute to the growth of the industry.

Report Coverage Details
  Historical Years   2020-23
  Base Years
  2024
  Forecast Years
  2025-30
  Market Value in 2024   USD 6.78 Billion
  Market Value in 2030   USD 15.03 Billion
  CAGR (2025-30)   14.19%
  Leading Region   Europe
  Top Key Players Advanced Micro Devices, Inc., Bitfury Group Limited., Bitmain Technologies Ltd., Coinbase, CryptoMove Inc., Intel Corporation, Ledger SAS, Nvidia Corporation, Quantstamp Inc., Ripple Labs, Inc., Xilinx, Inc., and Others
  Key Report Highlights
  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

 

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Additionally, developing countries have started adopting digital currency as a financial exchange medium, resulting in the rising popularity of digital assets such as Bitcoin and Litcoin. Therefore, expected to drive market growth in the upcoming years. Furthermore, the incorporation of Blockchain technology into these digital currencies to attain decentralized, transparent, efficient, fast, & more secure transactions is another prominent aspect augmenting the growth of the global market. In addition to this, blockchain facilitates minimizing chances of fraudulent and undesirable transactions, with minimal data manipulations and machine errors. This is the reason, more and more companies are collaborating & investing significantly in cryptocurrency to provide users with highly efficient services.

In addition, governments of several countries are legalizing cryptocurrencies for purchasing, selling, or trading. Hence, the aspects cited above, coupled with the increasing prevalence of cyberattacks worldwide, are instigating the need for using cryptocurrencies to monitor any modifications in real-time and, in turn, boost overall data security, thereby driving the global market.


Global Cryptocurrency Market Research Report: Forecast (2025-2030)

Global Cryptocurrency Market Driver:

Rising Popularity of Bitcoin Drives Industry Growth – Bitcoin is a Decentralized digital asset, which seeks widespread attention from large investors and is also considered a major adopted digital cash across the globe. This rising adoption, growing interest of investors, and supporting regulations are further boosting the global cryptocurrency industry growth. Additionally, the growing demand for digital currency from developed and developing countries such as Japan, the U.S., and European countries, is also predicted the lucrative growth of the global market.

Global Cryptocurrency Market Challenge:

Growing Security Risks and Misuse of Virtual Currency, Hampered Market Growth – With the rising security concerns and growing cyber-crimes, widespread investors have lost their currencies, which discourages the adoption of cryptocurrencies. This is the reason, the businesses and regulated bodies are worried, as this decentralized nature of digital currency transfer might benefit criminals to hide their financial activities from the authorities. Additionally, virtual currencies are unauthorized, & decentralized, which led to a rise in the misuse of these currencies, which further promotes unlawful activities like tax evasion, money laundering, and terrorist financing. These rising factors are somehow expected to restrict the growth of the global cryptocurrency industry.

Global Cryptocurrency Market Trend:

Introduction of AI-based Cryptocurrency Platforms – The ongoing trend of integration of artificial intelligence in various sectors, also influenced the advancement and expansion of the cryptocurrency industry. This propels the investors to emphasize more on the development of AI technology. For instance:

In 2024, VanEck Introduced a new exchange-traded note (ETN) focused on the Sui blockchain, expanding access to decentralized finance (DeFi) investments for European investors. This facilitates investors to gain exposure to the SUI token without purchasing or holding it directly. This rising prominence of advanced technology in cryptocurrency boosts the lucrative growth and contributes to the ongoing market expansion.

Global Cryptocurrency Market (2025-30): Segmentation Analysis

The Global Cryptocurrency Market study of MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment & includes predictions for the period 2025–2030 at the global levels. Based on the analysis, the market has been further classified as:

Based on Component:

  • Hardware
    • FPGA
    • ASIC
    • GPU
    • CPU
  • Software
    • Mining Platform
    • Exchanges
    • Wallet
    • Payment
    • Blockchain

Amongst these components, Hardware, particularly ASIC (Application-Specific Integrated Circuit), is anticipated to lead the Global Cryptocurrency Market during 2025-30. It is attributed primarily to its better energy efficiency than GPUs or CPUs and high hash rates, which boosts the earning prospects of the investors. Several companies are adopting ASIC miners to mine cybersecurity, with the rising requirements for low-energy consumption devices for mining crypto.

Unlike others, ASIC miners are computers designed specifically for mining cryptocurrencies. Earlier, they were just for Bitcoins but at present, they have now been developed for Dash & Litecoin. The easy-to-set-up ASIC mining provides much greater mining efficiency than GPUs. Moreover, the significant reduction in the size of ASIC chips is the most notable development in ASIC mining technology. Hence, these growing factors boost the ASIC technology to dominate the global market through 2030.

Based on Type:

  • Bitcoin
  • Ether
  • Litecoin
  • Ripple
  • Dogecoin
  • Others (Monero, Dash, etc.)

Among all, Bitcoin is considered the highly adopted digital currency in the market. It became the first decentralized digital currency, which, in turn, has led to the emergence of a lot more digital currencies in the market at present. Its well-established global networks, coupled with highly volatile prices & immense return potential, are the prime aspects that would lead Bitcoin to continue its dominance in the Global Cryptocurrency Market through 2030.

However, Ether is another key contributor to the growth of the global market over the forecast years. It owes to the growing worldwide popularity of Decentralized Finance (DeFi), which has led to a rapid surge in the prices of Ethereum, coupled with numerous ongoing developments in its software that have made transactions faster with reduced fees. Moreover, more and more institutions increasingly adopting Ethereum is another aspect that projects lucrative opportunities for overall market growth in the coming years.

Global Cryptocurrency Market (2025-30): Regional Projection

Geographically, the Global Cryptocurrency Market expands across:

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Of all regions globally, Europe leads the cryptocurrency market at present. The regional market expansion is attributed principally to minimal ownership costs, transparency & immutability of the distributed ledger technology, and the mounting end-user requirements for safer & quicker transactions, especially across international borders. Moreover, the extensively available mining pools across Europe and the greater acceptance rate of these virtual currencies in countries like Germany are also driving the regional market.

Additionally, countries such as Switzerland, Malta, and the United Kingdom have emerged as cryptocurrency-friendly hubs, which further boost the industry growth. Moreover, the region's incredible rise in the industry, China's pullback, and massive investments by decentralized finance platforms have notably contributed to Europe's dominance in the market.

Global Cryptocurrency Industry Recent Development:

  • 2024: Coinbase partners with the Singapore Economic Development Board (EDB), to launch an Engineering Hub in Singapore. The major aim behind this collaboration is to improve the local developer ecosystem and support blockchain innovation in the region. This initiative is designed to empower local engineers by providing them with essential resources and training, fostering innovation, and advancing Singapore's capabilities in blockchain technology.

Gain a Competitive Edge with Our Global Cryptocurrency Market Report

  • Global Cryptocurrency Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
  • This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
  • Global Cryptocurrency Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Frequently Asked Questions

   A. The Cryptocurrency Market is expected to grow at a compound annual growth rate (CAGR) of 14.19% from 2025 to 2030.

   A. Cryptocurrency Market size was valued at around USD 6.78 billion in 2024 and is projected to reach USD 15.03 billion by 2030

   A. The rising popularity of Bitcoin is expected to drive the Cryptocurrency Market during 2025-30.

   A. Advanced Micro Devices, Inc., Bitfury Group Limited., Bitmain Technologies Ltd., Coinbase, CryptoMove Inc., Intel Corporation, Ledger SAS, Nvidia Corporation, Quantstamp Inc., Ripple Labs, Inc., Xilinx, Inc., and Others are the Cryptocurrency Market.

   A. Hardware Segment held the largest share of the Cryptocurrency Market

   A. Europe presents growth prospects in the Cryptocurrency Market during 2025-30

   A. The introduction of AI-based Cryptocurrency Platforms is the key trend shaping the growth of the Cryptocurrency Market

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Market Segmentation
    4. Assumptions
  2. Preface
  3. Executive Summary
  4. Global Cryptocurrency Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  5. Global Cryptocurrency Market Policies, Regulations, Product Standards
  6. Global Cryptocurrency Market Trends & Insights
  7. Global Cryptocurrency Market Hotspot & Opportunities
  8. Global Cryptocurrency Market Key Strategic Imperatives for Success & Growth
  9. Global Cryptocurrency Market Outlook, 2020-2030F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Component
        1. Hardware
          1. FPGA
          2. ASIC
          3. GPU
          4. CPU
        2. Software
          1. Mining Platform
          2. Exchange
          3. Wallet
          4. Blockchain
      2. By Application
        1. Trading
        2. E-commerce & Retail
        3. Peer-to-Peer (P2P) Payments
        4. Remittance
      3. By Type
        1. Bitcoin
        2. Ether
        3. Litecoin
        4. Ripple
        5. Dogecoin
        6. Others (Monero, Dash, etc.)
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      5. By Company
        1. Competition Characteristics
        2. Market Share & Analysis
        3. Competitive Matrix
  10. North America Cryptocurrency Market Outlook, 2020-2030F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Application
      3. By Type
      4. By Country
        1. The US
        2. Canada
        3. Mexico
  11. South America Cryptocurrency Market Outlook, 2020-2030F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Application
      3. By Type
      4. By Country
        1. Brazil
        2. Others
  12. Europe Cryptocurrency Market Outlook, 2020-2030F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Application
      3. By Type
      4. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Spain
        6. Others
  13. Middle East & Africa Cryptocurrency Market Outlook, 2020-2030F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Application
      3. By Type
      4. By Country
        1. GCC Countries
        2. South Africa
        3. Others
  14. Asia-Pacific Cryptocurrency Market Outlook, 2020-2030F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Application
      3. By Type
      4. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Others
  15. Competition Outlook
    1. Competition Matrix
      1. Product/ Solution Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles of Top Companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Advanced Micro Devices, Inc.
      2. Bitfury Group Limited.
      3. Bitmain Technologies Ltd.
      4. Coinbase
      5. CryptoMove Inc.
      6. Intel Corporation
      7. Ledger SAS
      8. Nvidia Corporation
      9. Quantstamp Inc.
      10. Ripple Labs, Inc.
      11. Xilinx, Inc.
      12. Others
  16. Disclaimer


Cryptocurrency Market Segmentation