Product ID: SQMIG40D2013
Report ID:
SQMIG40D2013 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
92 |
Figures:
76
Cryptocurrency Market size was valued at USD 4.06 billion in 2019 and is poised to grow from USD 4.57 billion in 2023 to USD 13.18 billion by 2031, growing at a CAGR of 12.5% in the forecast period (2024-2031).
Cryptocurrency is a virtual currency or even known as the cryptographic piece, which is called a digital currency encrypted to monitor transactions by cryptography and prevent counterfeiting. The computer networks which are connected to a virtual environment operate a decentralized network based on blockchain technology that operates the cryptocurrency. This blockchain technology ensures safety and eliminates the risk of identity robbery of the user as it involves the security password that is linked directly to the digital wallet of the currency holder. Cryptocurrencies are used widely over conventional payment systems on various platforms as it facilitates faster payment with zero transaction charge and offers resistance and transparency against inflation. These are some of the major advantages that are provided by a digital currency which, in turn, drive the growth of the cryptocurrency market during the analysis period.
US Cryptocurrency Market is poised to grow at a sustainable CAGR for the next forcast year.
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REQUEST FREE CUSTOMIZATIONCryptocurrency Market size was valued at USD 4.06 billion in 2019 and is poised to grow from USD 4.57 billion in 2023 to USD 13.18 billion by 2031, growing at a CAGR of 12.5% in the forecast period (2024-2031).
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Product ID: SQMIG40D2013