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Global Cryptocurrency Exchange Platform Market

Global Cryptocurrency Exchange Platform Market

Global Cryptocurrency Exchange Platform Market

Dublin, Nov. 23, 2022 (GLOBE NEWSWIRE) — The “Cryptocurrency Exchange Platform Market Size, Share, and Trend Analysis Report by End Use (Business, Personal), by Cryptocurrency Type (Bitcoin, Ethereum), by Region (EU, APAC, North America) and Segment Forecast, 2022-2030″ report has been added to from ResearchAndMarkets.com offer.

The global cryptocurrency exchange market size is expected to reach USD 264.32 billion by 2030, growing at a CAGR of 27.8% from 2022 to 2030, according to this study conducted.

Rising awareness of cryptocurrencies and their benefits, such as flexibility and security, is driving the growth of the industry. The emphasis on secure and decentralized networks due to the emergence of blockchain technology also bodes well for the growth of the market. Several market players have invested in research and development activities to introduce advanced innovative exchange platforms.

For example, in July 2022, Billium, a Dubai-based exchange, announced the launch of a new-age platform to conduct decentralized transactions more effectively and efficiently. It is integrated with a copy trading feature named ‘Billium Copy Trading’, which will allow novice users to follow the trades of professionals.

The growing popularity of cryptocurrencies has led several financial services companies to collaborate with cryptocurrency exchanges to improve their service offerings. For example, in March 2021, Visa, Inc. announced the settlement of US dollar (USDC) transactions on Ethereum with cryptocurrency partners.

In March 2021, Visa, Inc. accepted its first settlement in USDC from its crypto wallet partner Crypto.com. Such developments are expected to propel the growth of the industry over the forecast period.

The outbreak of the COVID-19 pandemic is expected to play a decisive role in driving the industry during the forecast period. Investors around the world have shifted their interest towards cryptocurrencies as the cryptocurrency segment is decentralized. Moreover, since it is not governed by any central authority, it eliminates political influence in troubled times, such as the pandemic.

Report attribute

Details

Number of pages

130

Forecast period

2022 – 2030

Estimated market value (USD) in 2022

$37.07 billion

Expected market value (USD) by 2030

$264.32 billion

Compound annual growth rate

27.8%

Regions covered

Global

Cryptocurrency Exchange Platform Market Report Highlights

  • The Ethereum segment is expected to witness a significant CAGR during the forecast period owing to its dominance in the decentralized finance (Defi) space.

  • Additionally, the growing number of non-fungible token (NFT) projects is expected to increase the demand for Ethereum exchanges.

  • Personal end-use segment is expected to experience the fastest CAGR during the forecast period

  • The growth is due to the growing awareness of cryptocurrencies in developing countries, such as Nigeria and the Philippines, and the increasing emphasis on digital currencies in developed countries, such as the United States, the Philippines. Canada, Japan and others.

  • The Asia-Pacific region is expected to experience the fastest CAGR during the forecast period due to technological advancements and growing awareness of blockchain technology

  • People in the region are inclined to invest in cryptocurrencies as an alternative to traditional investment options, thus increasing the need for cryptocurrency exchange platforms

Main topics covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Cryptocurrency Exchange Platform Industry Outlook
3.1 Market Segmentation and Scope
3.2 Market Size and Growth Prospects
3.3 Cryptocurrency Exchange Market – Value Chain Analysis
3.4 Cryptocurrency Exchange Market – Market Dynamics
3.4.1 Market Driver Analysis
3.4.1.1 Growing Popularity of Mobile Trading Platforms
3.4.1.2 Growing Awareness of Blockchain Technology
3.4.2 Market Challenges Analysis
3.4.2.1 Lack of Uniform Standards for Cryptocurrency Exchanges
3.5 Mapping Penetration and Growth Prospects
3.6 Cryptocurrency Exchange Market – Porter’s Five Forces Analysis
3.7 Cryptocurrency Exchange Market – PESTEL Analysis

Chapter 4 Investment Landscape Analysis
4.1 Investor strategies
4.2 Analysis of investors’ vision and objectives
4.3 Funding Raised by Cryptocurrency Exchange Platform Providers

Chapter 5 Cryptocurrency Exchange Platform Outlook Cryptocurrency Type
5.1 Cryptocurrency Exchange Market Share by Cryptocurrency Type, 2021
5.2 Bitcoin
5.2.1 Bitcoin Cryptocurrency Exchange Market, 2017-2030
5.3 Ethereum
5.3.1 Ethereum Cryptocurrency Exchange Market, 2017-2030
5.4 Gimbal
5.4.1 Cardano Cryptocurrency Exchange Market, 2017 – 2030
5.5 Solane
5.5.1 Solana Cryptocurrency Exchange Market, 2017 – 2030
5.6 Others
5.6.1 Other Cryptocurrency Exchange Markets, 2017 – 2030

Chapter 6 End-Use Prospects of Cryptocurrency Exchange Platform
6.1 Cryptocurrency Exchange Market Share by End Use, 2021
6.2 Commercial
6.2.1 Cryptocurrency Exchange Business Platform Market, 2017 – 2030
6.2.1.1 Bank Cryptocurrency Exchange Market, 2017 – 2030
6.2.1.2 Fintech Companies Cryptocurrency Exchange Market, 2017 – 2030
6.2.1.3 Credit Union Cryptocurrency Exchange Market, 2017 – 2030
6.2.1.4 Other Cryptocurrency Exchange Market, 2017-2030
6.3 Staff
6.3.1 Personal Cryptocurrency Exchange Market, 2017 – 2030

Chapter 7 Regional Outlook of Cryptocurrency Exchange Platform

Chapter 8 Competitive Analysis
8.1 Recent Developments and Impact Analysis, by Major Market Players
8.2 Company categorization
8.3 Supplier Landscape
8.3.1 Key Company Market Share Analysis, 2021
8.4 Business analysis tools
8.4.1 Company Market Position Analysis
8.4.2 Competitive Scorecard Analysis

Chapter 9 Competitive Landscape
9.1 BlockFi International Ltd.
9.1.1 Company Overview
9.1.2 Financial performance
9.1.3 Product Benchmarking
9.1.4 Strategic Initiatives
9.2 Coinmama
9.2.1 Company Overview
9.2.2 Financial performance
9.2.3 Product Benchmarking
9.2.4 Strategic initiatives
9.3 eToro
9.3.1 Company Overview
9.3.2 Financial performance
9.3.3 Product Benchmarking
9.3.4 Strategic Initiatives
9.4 Coinbase
9.4.1 Company Overview
9.4.2 Financial performance
9.4.3 Product Benchmarking
9.4.4 Strategic Initiatives
9.5 Binance
9.5.1 Company Overview
9.5.2 Financial performance
9.5.3 Product Benchmarking
9.5.4 Strategic Initiatives
9.6 Kraken
9.6.1 Company Overview
9.6.2 Financial performance
9.6.3 Product Benchmarking
9.6.4 Strategic Initiatives
9.7 Bittimbre
9.7.1 Company Overview
9.7.2 Financial performance
9.7.3 Product Benchmarking
9.7.4 Strategic Initiatives
9.8 Coincheck, Inc.
9.8.1 Company Overview
9.8.2 Financial performance
9.8.3 Product Benchmarking
9.8.4 Strategic Initiatives
9.9 FTX Trading Ltd.
9.9.1 Company Overview
9.9.2 Financial performance
9.9.3 Product Benchmarking
9.9.4 Strategic Initiatives
9.10 Air Swap
9.10.1 Company Overview
9.10.2 Financial performance
9.10.3 Product Benchmarking
9.10.4 Strategic Initiatives

For more information on this report, visit https://www.researchandmarkets.com/r/5bi7rc

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