Latin America Cryptocurrency Market Size & Outlook

The cryptocurrency market in Latin America is expected to reach a projected revenue of US$ 1,200.6 million by 2030. A compound annual growth rate of 13.3% is expected of Latin America cryptocurrency market from 2025 to 2030.
Revenue, 2024 (US$M)
$576.1
Forecast, 2030 (US$M)
$1,200.6
CAGR, 2025 - 2030
13.3%
Report Coverage
Latin America

Latin America cryptocurrency market highlights

  • The Latin America cryptocurrency market generated a revenue of USD 576.1 million in 2024.
  • The market is expected to grow at a CAGR of 13% from 2025 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2024.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.

Latin America data book summary

Market revenue in 2024USD 576.1 million
Market revenue in 2030USD 1,200.6 million
Growth rate13% (CAGR from 2024 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software
Key market players worldwideAdvanced Micro Devices Inc, Binance.US, Bitfury Group, BitGo, Bitmain, Intel Corp, NVIDIA Corp, Ripple India, Xapo, Xilinx

Other key industry trends

  • In terms of revenue, Latin America region accounted for 10.1% of the global cryptocurrency market in 2024.
  • Globally, Asia Pacific 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 3,784.5 million by 2030.

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Cryptocurrency Market Scope

Cryptocurrency market segmentation & scope
Central Processing Unit
Graphics Processing Unit
Application-Specific Integrated Circuit
Field Programmable Gate Array
Mining Software
Exchange Software
Wallet
Payment
Others
Mining
Transaction

Cryptocurrency Market Companies

Name Profile # Employees HQ Website

Latin America cryptocurrency market size, by country, 2018-2030 (US$M)

Latin America Cryptocurrency Market Outlook Share, 2024 & 2030 (US$M)

Latin America cryptocurrency market size, by country, 2018-2030 (US$M)

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