Global Cryptocurrency Exchanges Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Cryptocurrency exchanges are websites that can buy, sell, and exchange cryptocurrencies for other digital currencies or fiat currencies (such as US dollars or Euros).
Market Overview:The latest research study on the global Cryptocurrency Exchanges market finds that the global Cryptocurrency Exchanges market reached a value of USD 35427.89 million in 2022. It’s expected that the market will achieve USD 103390.76 million by 2028, exhibiting a CAGR of 19.54% during the forecast period.
Strength
Increasing number of traders.
The scale of transactions continues to expand.
Weakness
Fierce competition.
Low barriers to entry.
Region Overview:Asia Pacific had the highest growth rate of all regions.
Company Overview:The top three companies are Binance, Huobi, BitZ with the revenue market share of 4.49%, 3.27% and 2.77% in 2019.
Binance Holdings Ltd. operates as a cryptocurrency exchange platform. The Company provides currency payment services. Binance Holdings offers services across worldwide.
Huobi
Since its establishment in 2013, Huobi Group has been funded by Zhenfu Fund and Sequoia Capital and is a digital asset trading platform.
Segmentation Overview:Among different product types, Web Based segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Personal segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Cryptocurrency Exchanges market covered in Chapter 3:Binance
Huobi
LocalBitcoins
Bittrex
BitZ
Kucoin
Coinbase
Bitfinex
ZB.COM
Upbit
OKEX
Poloniex
Kraken
HitBTC
BTCC
In Chapter 4 and Chapter 14.2, on the basis of types, the Cryptocurrency Exchanges market from 2018 to 2029 is primarily split into:Cloud-based
Web-based
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Cryptocurrency Exchanges market from 2018 to 2029 covers:Large Enterprises
SMEs
Personal
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)