Latin America Cryptocurrency Exchange Platform Market Size & Outlook
Latin America cryptocurrency exchange platform market, 2018-2030 (US$M)
Related Markets
Latin America cryptocurrency exchange platform market highlights
- The Latin America cryptocurrency exchange platform market generated a revenue of USD 5,565.6 million in 2023.
- The market is expected to grow at a CAGR of 28.9% from 2024 to 2030.
- In terms of segment, bitcoin was the largest revenue generating coin in 2023.
- Bitcoin is the most lucrative coin segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 5,565.6 million |
| Market revenue in 2030 | USD 32,960.7 million |
| Growth rate | 28.9% (CAGR from 2023 to 2030) |
| Largest segment | Bitcoin |
| Fastest growing segment | Bitcoin |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bitcoin, Ethereum, Cardano, Solana |
| Key market players worldwide | BLOK Technologies Inc, Wellfield Technologies Inc, Coinbase Global Inc Ordinary Shares - Class A, Kraken Robotics Inc, Monex Group Inc, eToro USA, Binance.US, Robinhood Markets Inc Class A, FTX, AirSwap |
Other key industry trends
- In terms of revenue, Latin America region accounted for 12.1% of the global cryptocurrency exchange platform market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 68,362.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Cryptocurrency Exchange Platform Market Scope
Cryptocurrency Exchange Platform Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America cryptocurrency exchange platform market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cryptocurrency exchange platform market will help companies and investors design strategic landscapes.
Bitcoin was the largest segment with a revenue share of 45.76% in 2023. Horizon Databook has segmented the Latin America cryptocurrency exchange platform market based on bitcoin, ethereum, cardano, solana covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin American region has seen a rapid rise in cryptocurrency adoption, leveraging 455 million active internet users. An emerging trend in the region is the payment of salaries in the form of cryptocurrencies.
This development is on the back of countries such as El Salvador recognizing cryptocurrency as a legal means of exchange. The overall participation in cryptocurrency exchange platforms is expected to grow for purchase and trade activities owing to a large payment and remittance market valued at USD 96 billion in 2022, as per the World Bank.
The transition is expected due to the high fees charged by traditional payment channels. Brazil is leading the cryptocurrency adoption in the region, with approximately 36 million Brazilians considering a purchase in the next 1 2 months.
Reasons to subscribe to Latin America cryptocurrency exchange platform market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America cryptocurrency exchange platform market databook
-
Our clientele includes a mix of cryptocurrency exchange platform market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America cryptocurrency exchange platform market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cryptocurrency exchange platform market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America cryptocurrency exchange platform market outlook size, by country, 2018-2030 (US$M)
Latin America Cryptocurrency Exchange Platform Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
