Global Cryptocurrency Payment Apps Market Rises as Bitcoin and Business Adoption Surges, Forecasted 17.23% CAGR to 2030

News provided by

Mar 05, 2024, 17:30 ET

DUBLIN, March 5, 2024 /PRNewswire/ -- The "Global Cryptocurrency Payment Apps Market by Cryptocurrency Type (Binance Coin, Bitcoin, Cardano), End Use (Businesses, Individuals) - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.

At the forefront of financial technology innovation, Cryptocurrency Payment Apps have continuously disrupted the traditional payment landscape.

According to the comprehensive market study, the size of the market which was estimated at USD 699.84 million in 2023 is projected to hit the USD 2,130.53 million mark by 2030. This growth trajectory is indicative of a robust compound annual growth rate (CAGR) of 17.23% during the forecast period from 2024 to 2030.

The advent of decentralized finance has propelled the need for secure, agile, and cost-effective solutions, with businesses and individuals increasingly embracing digital currencies such as Binance Coin, Bitcoin, and Cardano. This trend gained momentum in the wake of shifting consumer payment preferences and the quest for transactional efficiency.

Regional Insights & Market Dynamics

The study indicates that within the Americas, the surge in the adoption of cryptocurrency stands out, especially as businesses integrate crypto payments as a part of their transactional framework.

Similarly, the Asia-Pacific region demonstrates a significant uptick in demand, fueled by e-commerce ventures and mobile-based payment options. The Asia-Pacific region is setting standards with Japan and South Korea taking progressive regulatory strides to integrate cryptocurrencies within their fiscal ecosystems.

Competitive Assessment & Market Share Analysis

With the FPNV Positioning Matrix, vendors in the Cryptocurrency Payment Apps Market have been rigorously analyzed to reflect their Business Strategy and Product Satisfaction, offering a detailed competitive landscape. Additionally, the Market Share Analysis further underscores the contribution of these vendors to the industry, painting a clear picture of the market's competitive dynamics.

Market Segmentation & Coverage Highlights

The report delves into critical market segregations, from cryptocurrency types like Bitcoin and Ethereum to end-users including businesses and individuals. Geographical segmentation embraces expansive coverage extendin`g over the Americas to the Asia-Pacific and EMEA regions, detailing prospects in markets such as the United States, Japan, the United Kingdom, and more.

The report offers a precise and strategic entry-point analysis for entities interested in tapping into the Cryptocurrency Payment Apps Market. The coverage includes:

In-depth market penetration insights
Strategies for market development in burgeoning economies and sectors
Comprehensive information on product diversification and market segmentation
Assessment of competitive intelligence and market share
Predictions on product innovation and technological advancements

The Cryptocurrency Payment Apps Market shows a remarkable pace, bolstering its position through strategic market shifts and the seamless adoption of advanced payment systems. This study helps businesses, investors, and individuals alike to grasp key market trends, technological innovations, and regulatory parameters, shaping the future of digital currency payments on a global scale.

This publication addresses all key questions pertaining to market size, customer preferences, and strategic moves for those looking to make a mark in the Cryptocurrency Payment Apps Market.

Market Segmentation & Coverage

This research report categorizes the Cryptocurrency Payment Apps Market to forecast the revenues and analyze trends in each of the following sub-markets:

Cryptocurrency Type

Binance Coin
Bitcoin
Cardano
Dai
Dogecoin
Ethereum
Litecoin
Polygon
Ripple
Solana
Tether

End Use

Businesses
Individuals

Companies Profiled

ALX Crypto
Apirone OÜ
Binance
BitPay Inc.
Blockonomics
Boxcoin
Cash App by Block, Inc.
Circle Internet Financial Limited
Coinbase
CoinGate
Coinify ApS
Coinremitter pte ltd.
CoinsPaid
CoinZoom, Inc.
Cryptomus
Cryptopay Ltd.
Electroneum Limited
Hoodpay LLC
MYCELIUM
NOWPayments
Paymium SAS
PicPay
SecuX Technology Inc.
Stripe, Inc.
Wirex Digital D.o.o
ZuPago HyBrid (HD) Wallet

For more information about this report visit https://www.researchandmarkets.com/r/t778gw

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets