Bitcoin payment services provide a globalized transaction network that allows fast & efficient transfer of bitcoin across the globe. The payments for bitcoins are executed via smartphones and tablets. Moreover, bitcoin transactions are considered relatively cheaper, owing to lower transaction fees. With these features, a retailer and other users obtains a secure and credible identity in digital world of crypto-currencies.
This report contains market size and forecasts of Bitcoin Payments in Global, including the following market information:
Global Bitcoin Payments Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Bitcoin Payments market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hardware Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Bitcoin Payments include Coinpayments, Inc, BitPay, Coinbase, CoinGate, Spectro Finance Ltd, GoUrl.io, GaragePreneurs Internet Pvt Ltd, GoCoin LLC and Shopify Inc and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bitcoin Payments companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bitcoin Payments Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Bitcoin Payments Market Segment Percentages, by Type, 2021 (%)
Hardware
Software
Service
Global Bitcoin Payments Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Bitcoin Payments Market Segment Percentages, by Application, 2021 (%)
E-commerce
Retail
Others
Global Bitcoin Payments Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Bitcoin Payments Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bitcoin Payments revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Bitcoin Payments revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Coinpayments, Inc
BitPay
Coinbase
CoinGate
Spectro Finance Ltd
GoUrl.io
GaragePreneurs Internet Pvt Ltd
GoCoin LLC
Shopify Inc
CoinsBank