Virtual Currency (e-Money) Market 2019
Industry Overview:
Virtual Currency (e-money) are deregulated form of currency which exists virtually and can be accessed via definite devices, software or application. Its transaction is realized virtually and normally controlled under dedicated networks. Virtual currency differs from digital currency. Virtual currency are not controlled under central banking system. Due to deregulated nature, virtual currency are very volatile as they are driven by the market sentiment. Its popularity have soared recently with major virtual platforms using e-money for transactions.
Market by Top Virtual Currency (e-Money) Companies, this report covers
Amazon
JD
Tencent
BaiDu
Cloudary
Netease
…
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Segmentation:
The virtual currency (e-money) market is segmented based upon type, application and region.
Based upon type, the virtual currency(e-money) is categorized as
Secured
Unsecured
Based upon application, the virtual currency(e-money) is categorized as
Game
Shopping
Others
Based upon region, the virtual currency(e-money) is categorized as
North America (United States of America, Canada, Mexico)
Europe (Germany, France, UK, Italy, Russia, Spain)
Asia Pacific (China, Japan, Korea, India, Australia, New Zealand)
Middle East & Africa
Latin America
Regional Analysis:
North America is the market leader in terms of use of e-currency. The region has a world class industrial technology and relies heavily on digital and block chain technology. The region also has pioneered the digital movement with research and development of artificial intelligence and machine learning. With a high rate of population using digital devices for there day to day activity, it has propelled the virtual currency (e-Money) usage over the last few years.
Europe is the next major market in terms of consumption rate. With high literacy rate and major innovation in the digital commerce businesses, the use of virtual currency(e-money) has grown significantly over last few years and is strong driving force for the market.
Asia Pacific is expected to grow at the highest rate. The region has a high population density and improved infrastructure and technological development in industry are leading the growth pattern in the region.
A growth in disposable income among consumers has added to the regions growth. China, India and Japan are leading the market in the region. Rise of virtual payment gateways and net banking has further driven the market for rise in use and trading of virtual currency(e-money) in the region. The potential for growth is massive with a majority of people upgrading to virtual banking owing to ease of use and security.
Middle East and Africa are other regions expected to propel the growth of virtual currency(e-money) market with a change in the society dynamics and acceptance of western system. The reason holds lot of potential for the future.
Industry News:
The rapid globalization and growth of digital banking has driven the growth of virtual currency(e-money) market. Although virtual currency were initially more popular in North American and European regions, its acceptance and demand has significantly increased over last few years in Asia pacific, Middle East and African regions owing to improvement in infrastructure and ease of use..
With high connectivity, good internet speeds, e-commerce and the growth of social media, the market virtual currency(e-money) have new found acceptance in growing economies and is expected to grow significantly with improvement in security, services.
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Table of Contents –Analysis of Key Points
1 Virtual Currency (e-Money) Market Overview
2 Manufacturers Profiles
3 Global Virtual Currency (e-Money) Market Competition, by Players
4 Global Virtual Currency (e-Money) Market Size by Regions
5 North America Virtual Currency (e-Money) Revenue by Countries
6 Europe Virtual Currency (e-Money) Revenue by Countries
7 Asia-Pacific Virtual Currency (e-Money) Revenue by Countries
8 South America Virtual Currency (e-Money) Revenue by Countries
9 Middle East and Africa Revenue Virtual Currency (e-Money) by Countries
10 Global Virtual Currency (e-Money) Market Segment by Type
11 Global Virtual Currency (e-Money) Market Segment by Application
12 Global Virtual Currency (e-Money) Market Size Forecast (2019-2025)
13 Research Findings and Conclusion
14 Appendix
List of Tables and Figures
Continued…..
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