Digital Currency Market - PowerPoint PPT Presentation

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Digital Currency Market

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Digital Currency Market was valued at USD 1.36 billion in 2019 and is projected to grow with a CAGR of 12.3 % to hit USD 4.56 Billion during the forecast period of 2021-2029 – PowerPoint PPT presentation

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Updated: 27 March 2023
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Title: Digital Currency Market


1
Digital Currency Market
Digital Currency Market Comprehensive Study with
Key Trends, Major Drivers and Challenges
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2
Digital Currency MarketOutlook, Growth Factors,
Industry Share, Size By 2030
Digital currency refers to any form of currency
that is entirely digital and exists solely in
electronic form, without any physical
representation. Digital currencies can be used
for various purposes, such as online
transactions, peer-to-peer transfers, and
investments. The most well-known digital currency
is Bitcoin, which was created in 2009. Bitcoin
operates on a decentralized, peer-to-peer network
and uses blockchain technology to verify and
record transactions. Other popular digital
currencies include Ethereum, Litecoin, and Ripple.
One of the key advantages of digital currencies
is their speed and efficiency. Transactions can
be completed almost instantly, without the need
for intermediaries such as banks or payment
processors. Digital currencies can also be highly
secure, using advanced encryption techniques to
protect against fraud and theft. However, digital
currencies are not without their risks. They are
highly volatile, with prices fluctuating rapidly
and unpredictably. Additionally, the lack of
regulation and oversight can make them attractive
to criminals for money laundering and other
illicit activities.
3
Digital Currency Market
CAGR 12.3 (2019-2029)
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4
Digital Currency Market
A Summary of the Impact of COVID-19 on this
Market
Main Market Players Covered in This Report
  • IBM
  • Ripple
  • Accenture
  • Oklink
  • Oracle
  • AWS
  • Ant Financial
  • Tencent
  • Baidu
  • SAP
  • Microsoft Corporation
  • NVIDIA Corporation

The appearance of COVID-19 has transported the
globe to a halt. We understand that this health
disaster has brought an unprecedented impact on
businesses across industries. However, this too
shall pass. Growing support from governments and
various companies can benefit in the fight
against this highly transmissible disease. There
are some businesses that are struggling and some
are thriving. General, almost every sector is
anticipated to be stuck by the pandemic
5
Digital Currency Market
The Digital Currency Market has been segmented as
below
  • By Technology IT Solution, Fintech, Bank,
    Consulting, Exchange
  • By Application Government, Enterprises
  • By Region Europe, North America, Asia-Pacific,
    South Africa and Middle East Asia

We are taking nonstop efforts to help your
business sustain and cultivate during COVID-19
pandemics. Based on our knowledge and expertise,
we will provide you an impact analysis of
coronavirus outbreaks across businesses to help
you prepare for the future.
Thanks for reading this article you can also get
distinct chapter-wise sections or region-wise
report versions like Asia, US, Europe, Africa,
etc.
6
About Straits Research
StraitsResearch.com is a leading market research
and market intelligence organization,
specializing in research, analytics, and advisory
services along with providing business insights
market research reports.
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