Worldwide Crypto-currency and Blockchain Technology Market is estimated to witness a CAGR of 35.2% during the forecast period 2016-2022

in #cryptocurrency5 years ago

Blockchain and cryptocurrency are getting some recognition from technology analysts.

Kenneth Research added these to their Technology Market 2022 report.

According to their conclusions, they see a 35% CAGR from 2016-2022. The expectation is that the Middle East and Africa will reach $3 billion by that time.

The report also concludes that retail usage is expected to reach $10 billion by 2022.

There is a lot of money being invested in the blockchain space. The pace of growth could be higher or lower than the figure presented in this report. Whatever the rate, the growth of the space is not disputed.

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