South Korea Cryptocurrency Payment Apps Market Size & Outlook
South Korea cryptocurrency payment apps market, 2018-2030 (US$M)
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South Korea cryptocurrency payment apps market highlights
- The South Korea cryptocurrency payment apps market generated a revenue of USD 21.7 million in 2023 and is expected to reach USD 67.3 million by 2030.
- The South Korea market is expected to grow at a CAGR of 17.5% 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.
Cryptocurrency payment apps market data book summary
| Market revenue in 2023 | USD 21.7 million |
| Market revenue in 2030 | USD 67.3 million |
| Growth rate | 17.5% (CAGR from 2023 to 2030) |
| Largest segment | Bitcoin |
| Fastest growing segment | Bitcoin |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bitcoin, Ethereum, Litecoin, DAI, Ripple |
| Key market players worldwide | Coinbase Global Inc Ordinary Shares - Class A, Circle, BitPay, Coinomi, Paytomat, Apirone, SecuX, Binance.US |
Other key industry trends
- In terms of revenue, South Korea accounted for 4.0% of the global cryptocurrency payment apps market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan cryptocurrency payment apps market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 49.1 million by 2030.
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Cryptocurrency Payment Apps Market Scope
Cryptocurrency Payment Apps Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea cryptocurrency payment apps 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 payment apps market will help companies and investors design strategic landscapes.
Bitcoin was the largest segment with a revenue share of 39.63% in 2023. Horizon Databook has segmented the South Korea cryptocurrency payment apps market based on bitcoin, ethereum, litecoin, dai, ripple covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of cryptocurrency payment apps market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea cryptocurrency payment apps market , including forecasts for subscribers. This country databook contains high-level insights into South Korea cryptocurrency payment apps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea cryptocurrency payment apps market size, by coin, 2018-2030 (US$M)
South Korea Cryptocurrency Payment Apps Market Outlook Share, 2023 & 2030 (US$M)
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