Increasing acceptance and potential growth for this industry have attracted various small vendors globally for competing in the market. Apart from Bitcoin, Litcoin has also gained prominence in the market over last few years, there are plenty of vendors in the market namely as Litecoin, Namecoin, Novacoin, Peercoin, Ripple, Steller, Primecoin, Megacoin, and many others.
Key Players:
Key market players include Intel Corporation, Microsoft Corporation, Xilinx, Inc., NVIDIA Corporation, 21 Inc. AlphaPoint Corporation, Amazon. com, Inc., Advanced Micro Devices, Inc, BTL Group Ltd.( Blockchain Tech), BitGo, BitFury Group, Coinbase UK, Ltd. Coinsecure, Unocoin, Coinbase, Bitstamp Ltd., Zebpay,, Poloniex Inc., Bitfury Group Limited, Global Area Holding Inc., Digital Limited, IBM Corp, are the other niche players.
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Geographically, the market is expended across North America( U. S., Mexico, and Canada), Europe( UK, France, Germany, and rest of Europe), Asia-Pacific( China, Japan, India, Australia, and rest of Asia-Pacific), and MEA( Middle East, Latin America, and Africa). North America region dominates the market owing to the regulations offered by the government. Brazil and Canada are other major regions using cryptocurreny due to rules and regulations.
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