Uploaded on Mar 9, 2022
Data Bridge Market Research analyses that the cryptocurrency custody software market will exhibit a CAGR of 6.80% for the forecast period of 2022-2029.
Cryptocurrency Custody Software Market by Global Demand, Supply and Research Synopsis
Cryptocurrency Custody Software Market by Global
Demand, Supply and Research Synopsis
Cryptocurrency Custody Software Market, By Type (Platform as a Service, Application
Program Interface), Application (Personal Use, Large Enterprise, Small and Medium
Enterprises, Other), End User Vertical (Banking Financial Services and Insurance,
Healthcare, Retail, Government, IT and Telecommunication, Manufacturing, Other End-
user Verticals) Industry Trends and Forecast to 2029
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Market Analysis and Insights
Surge in the rate of digitization especially in the developing economies, growing
adoption of cloud services by small and medium scale enterprises, rising deployment of
distributed ledger technology and surge in the rate of adoption by banking financial
services and insurance (BFSI) industry are the major factors attributable to the growth of
the cryptocurrency custody software market. Data Bridge Market Research analyses that
the cryptocurrency custody software market will exhibit a CAGR of 6.80% for the forecast
period of 2022-2029.
From the name itself, it is clear that the cryptocurrency custody software is a solution
that allows providing a custody to the valuable input. In other words, cryptocurrency
custody software facilitates the storage of cryptocurrency resources and provides
security against unwanted practices. The cryptocurrency custody software is based on
private key encryption technology.
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Major Key Players
Some of the major players operating in this market are :
• BitGo, Coinbase
• Key Safe
• Kingdom Trust, WatermelonBlock.io
• FMR LLC,
• Ledger SAS.
• itBit Trust Company, LLC.
• Base Zero, Inc.
• Gemini Trust Company, LLC.
• Paxos Trust Company, LLC
• NVIDIA Corporation
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Market Segmentation
• By Type (Platform as a Service, Application Program Interface)
• By Application (Personal Use, Large Enterprise, Small and Medium
Enterprises, Other)
• By End User Vertical (Banking Financial Services and Insurance, Healthcare,
Retail, Government, IT and Telecommunication, Manufacturing, Other End-
user Verticals)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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About Data Bridge Market
Research
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process.
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