Global Bitcoin Market 2016-2022
$3,000 – $5,500
Bitcoin is a worldwide cryptocurrency and digital payment system and is the first decentralized digital currency. Bitcoin uses peer-to-peer technology to operate with no central authority or banks and managing transactions collectively by the network. Bitcoins are completely virtual coins designed to be ‘self-contained’ for their value, with no need for banks to move and store the money. Bitcoins are traded from one personal ‘wallet’ to another. A wallet is a small personal database that you store on your computer drive, on your smartphone, on your tablet, or somewhere in the cloud.
The Bitcoin Market is estimated to grow at a CAGR of xx% over the period 2017 – 2022. Booming economy and growing disposable income among middle income group in developing world has led Bitcoin technologies to gain traction and to be used as one of the medium of exchange in the region.
This report analyzes the global market for Bitcoin in terms of Cumulative Number of Bitcoins in Circulation till date. Annual estimates and forecasts are provided for the period 2016 through 2022. Market data and analytics are derived from primary and secondary research.
The market report includes company profiles based on public domain information including company websites and transactions. Some of them include:
Bitmain Technologies Ltd.
Butterfly Labs, Inc.
Genesis Coin, Inc.
AntPool…to name a few.
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