NEW YORK, Jan. 30, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global cryptocurrency market size is estimated to grow by USD 39.75 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 16.7% during the forecast period. Rising investment in digital assets is driving market growth, with a trend towards acceptance of cryptocurrency by retailers. However, volatility in value of cryptocurrency poses a challenge. Key market players include AlphaPoint Corp., Binance Holdings Ltd., Bit2Me, Bitfury Group Ltd., Cardano, CEX.IO Corp., Coinbase Global Inc., DOGECOIN, FMR LLC, Gemini Trust Co. LLC, KuCoin, Ledger SAS, Marathon Digital Holdings, Pantera Capital, PT Pintu Kemana Saja, Riot Platforms Inc., Ripple Labs Inc., Shiba Inu, Valora Inc., WazirX, and Xapo Bank Ltd..
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Forecast period |
2025-2029 |
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Base Year |
2024 |
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Historic Data |
2019 – 2023 |
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Segment Covered |
Type (Bitcoin, Ethereum, and Others), Component (Hardware and Software), Geography (North America, Europe, APAC, South America, and Middle East and Africa). |
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Region Covered |
North America, Europe, APAC, South America, and Middle East and Africa |
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Key companies profiled |
AlphaPoint Corp., Binance Holdings Ltd., Bit2Me, Bitfury Group Ltd., Cardano, CEX.IO Corp., Coinbase Global Inc., DOGECOIN, FMR LLC, Gemini Trust Co. LLC, KuCoin, Ledger SAS, Marathon Digital Holdings, Pantera Capital, PT Pintu Kemana Saja, Riot Platforms Inc., Ripple Labs Inc., Shiba Inu, Valora Inc., WazirX, and Xapo Bank Ltd. |
Key Market Trends Fueling Growth
Cryptocurrencies, like Bitcoin and Ethereum, are digital currencies based on decentralized technology called Blockchain. This technology enables secure, transparent transactions without the need for intermediaries. Global adoption of cryptocurrencies is on the rise, with Ethereum leading the charge as a popular platform for decentralized applications. However, price volatility remains a concern, along with cybersecurity risks and theft. Regulatory outlooks vary, with some countries embracing the digital revolution and others cautious. Energy consumption and environmental effects are also topics of debate. Skilled developers are in high demand for financial services and cryptocurrency projects. Consumer protection and financial stability …
Full story available on Benzinga.com