Global Cryptocurrency Market (Bitcoin, Ripple, Litecoin, Ethereum)- Insights and Analysis: Technology, Sizing, Growth and Potential

Transcription

1 Global Cryptocurrency Market (Bitcoin, Ripple, Litecoin, Ethereum)- Insights and Analysis: Technology, Sizing, Growth and Potential Analysis of Cryptocurrency - Bitcoin - Ripple - Litecoin - Ethereum Global Market Size, By Value Global Market Size, By Transaction Volume Strategic Recommendations Competitive Landscape May 2016

2 Research Methodology Research Definition Cryptocurrency is a digital currency which enables decentralized transactions between two consenting parties. Currency systems which have been built upon blockchain technology have been covered in the report. The currencies and systems included in the report for the purpose of in-depth study and analysis are Bitcoin, Ripple, Litecoin and Ethereum. Data Analysis and Interpretation Our historic market trend has been figured out by various paid databases which was further triangulated with inputs and insights from industry experts, companies and stakeholders, through primary research. Back-of-the-Envelope calculation for the market estimation has been made through proper understanding of the market as well as future business strategies of the companies operating in the market. Azoth Analytics has conducted quantitative as well as qualitative research to gather market insights such as market sizing, market segmentation, recent trends and developments and competitive landscape. Our team has conducted extensive primary surveys by reaching out industry experts in the global cryptocurrency market. Companies Contacted Zebpay, Coinsecure, Unocoin, etc. 2

3 Scope of the Study: Global Crypto currency Market Types of Crypto currency Coverage By Company Bitstamp Bitcoin Ripple Litecoin Ethereum OKCoin Coinbase Poloniex Bitfinex 3

4 S.No Particulars Page No. 1. Research Methodology 7 2. Executive Summary 8 3. Strategic Recommendation Regulation and Security of Exchanges Hardware and Infrastructure for Entry Expansion through Sub-Brokerage Global Cryptocurrency Market: An Overview Product Overview Comparison of Cryptocurrencies (Technical) Global Bitcoin Market Introduction to Bitcoin Market size By Value Historical( ) Bitcoin ATM Market : An Analysis Global Ripple Market Introduction to Ripple Market size By Value Historical( ) 46 4

5 S. No Particulars Page No. 7 Global Litecoin Market Introduction to Litecoin Market size By Value Historical( ) 52 8 Global Ethereum Market Introduction to Ethereum Market size By Value Historical( ) Market Dynamics Challenges Company Profiles Bitstamp OKCoin Coinbase Poloniex Bitfinex About Us & Disclaimer 75 3

6 List of Figures Figure No. Figure Title Page No. Figure 1: Global Bitcoin Market Size, By Value, Historic (USD Billion) 29 Figure 2: Bitcoin Average Selling Price, (USD) 31 Figure 3: Bitcoin Highest Average Selling Price, (USD) 32 Figure 4: Bitcoin Lowest Average Selling Price, (USD) 34 Figure 5: No. of Bitcoin ATMs (By Country) 35 Figure 6: Number of Bitcoin ATMs installed (By Manufacturing Company) 36 Figure 7: Market Share of Bitcoin ATM Manufacturing 37 Figure 8: Number of Bitcoin ATMs installed (By Manufacturing Company) 38 Figure 9: Number of Bitcoin ATMs installed (By Manufacturing Company) 39 Figure 10: Global Ripple Market Size, By Value, Historic (USD Million) 46 Figure 11: Ripple Transaction Volume, (billion) 47 Figure 12: Ripple Average Selling Price, (USD) 48 Figure 13: Ripple Highest Average Selling Price, (USD) 48 Figure 14: Ripple Lowest Average Selling Price, (USD) 49 Figure 15: Global Litecoin Market Size, By Value, (USD billion) 52 Figure 16: Global Average Litecoin Transaction Volume, Figure 17: Litecoin Average Selling Price (USD) 53 Figure 18: Litecoin Highest Average Selling Price (USD) 53 Figure 19: Litecoin Lowest Average Selling Price, (USD) 54 3

7 List of Figures Figure No. Figure Title Page No. Figure 20: Global Ethereum Market Size (USD Million) 58 Figure 21: Ethereum Transaction Volume, (million) 58 7

8 List of Tables Figure No. Figure Title Page No. Table 1: Comparison of Currencies on Technical Parameters 25 Table 2: Comparison of Traditional Payment Systems with the Ripple Protocol 41 Table 3: Bitstamp Trading Fees Schedule ( based on transaction volume in Euro) 66 Table 4: Bitstamp Trading Fees Schedule ( based on transaction volume in USD) 66 Table 5: OKCoin Trading Fees Schedule ( based on reward points awarded to users) 68 Table 6: Coinbase Trading Fees Schedule ( based users based users 30 days average trade volume) 70 Table 7: Poloniex Trading Fees Schedule ( based users 30 days average trade volume) 72 Table 8: Bitfinex Trading Fees Schedule ( based users 30 days trade volume in USD) 74 8

9 Global Crypto currency Market Figure 1: Global Bitcoin Market Size, By Value, Historic (USD Billion) Source : Azoth Analytics Estimates Figure 5: No. of Bitcoin ATMs (By Country) USA Canada UK Australia Finland Spain Japan SwitzerlandCzech Republic Italy China Hong Kong France 9

10 Global Crypto currency Market Figure 10: Global Ripple Market Size, By Value, Historic (USD Million) Source : Azoth Analytics Estimates Figure 20: Global Ethereum Market Size (USD Million) Figure 21: Ethereum Transaction Volume, (million)

11 About Azoth Analytics Pvt Ltd. Azoth Analytics creates in-depth research reports by recording, interpreting and analyzing information through primary and secondary research. Our strategic market sizing and data dredging techniques include secondary research, interviews with key market players and industry experts and use of industry specific statistical tools which helps in designing and planning effective research for our global and local clients. We provide customized market research reports revealing the hidden truths on different verticals like pharmaceutical, oil and gas, retail, telecommunications, real estate, logistics, energy, healthcare, technology, FMCG, food & beverages and media sectors. Related Reports 1. Global Board Portal Market Insights and Analysis: Technology, Sizing, Growth and Demand Forecasts to 2021 (By Value, By Number of Users, By Market Penetration, By Delivery Models, By Industry Verticals, By Region, Key Players, Recommendations) Disclaimer: Azoth Analytics report information is based mainly on interviews and therefore, is subject to fluctuation. Azoth Analytics therefore, takes no responsibility for any incorrect information supplied to us by industry experts, manufacturers or users. Azoth does not warranty the completeness of the information and data. Also, analysis provided in the report are meant for customers internal use only and not for general publication or disclosure to third parties. 11