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Wednesday, October 18, 2017

Investorideas.com - #Cryptocurrency Market - Global Forecast to 2023 - Cryptocurrency market was valued at USD 541.0 Million in 2017

Investorideas.com - #Cryptocurrency Market - Global Forecast to 2023 - Cryptocurrency market was valued at USD 541.0 Million in 2017




#Cryptocurrency Market - Global Forecast to 2023 - Cryptocurrency market was valued at USD 541.0 Million in 2017



DUBLIN - October 18, 2017 (Investorideas.com newswire) The "Cryptocurrency Market - Global Forecast to 2023" report has been added to Research and Markets' offering.

The cryptocurrency market was valued at USD 541.0 Million in 2017 and is expected to reach USD 2902.0 Million by 2023, at a CAGR of 32.31% between 2017 and 2023.

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The growing remittance in developing countries, high cost of remittance across the border, and fluctuating monetary regulations are the major drivers for the growth of the cryptocurrency market. The growth of the cryptocurrency market is further propelled by the transparency and immutability of the distributed ledger technology and benefits such as faster transaction and reduction in total ownership cost. However, the uncertain regulations and standards pertaining to cryptocurrency restrain the growth of this market.



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