Cryptocurrency payment apps are forecast to grow at a CAGR of roughly 16 percent between 2022 and 2030, as the market is relatively small. The forecast is according to a market estimate made in late 2022. It adds to other forecasts that touch on certain aspects of the crypto payments market. Crypto payments within payment gateways are forecast to grow with a similar CAGR between 2022 and 2029. These figures reveal a market that is still relatively slow. Research from early 2023 across 40 countries suggested that the market share of cryptocurrency in e-commerce transaction was "less than one percent" in all survey countries, with predictions being this would not change in the future.
Market size of payments within cryptocurrency apps worldwide in 2022, with a forecast for 2030
(in billion U.S. dollars)
Value of payments conducted thought apps that process and/or convert cryptocurrency. Examples include Coinbase, BitPay, Coinomi, Paytomat, Apirone, Binance, and Cryptopay. The source does not explain whether the intention is for shopping or for investments.
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Yahoo! Finance. (December 29, 2022). Market size of payments within cryptocurrency apps worldwide in 2022, with a forecast for 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1411133/crypto-payment-apps-market-size/
Yahoo! Finance. "Market size of payments within cryptocurrency apps worldwide in 2022, with a forecast for 2030 (in billion U.S. dollars)." Chart. December 29, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1411133/crypto-payment-apps-market-size/
Yahoo! Finance. (2022). Market size of payments within cryptocurrency apps worldwide in 2022, with a forecast for 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1411133/crypto-payment-apps-market-size/
Yahoo! Finance. "Market Size of Payments within Cryptocurrency Apps Worldwide in 2022, with a Forecast for 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 29 Dec 2022, https://www.statista.com/statistics/1411133/crypto-payment-apps-market-size/
Yahoo! Finance, Market size of payments within cryptocurrency apps worldwide in 2022, with a forecast for 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1411133/crypto-payment-apps-market-size/ (last visited November 21, 2024)
Market size of payments within cryptocurrency apps worldwide in 2022, with a forecast for 2030 (in billion U.S. dollars) [Graph], Yahoo! Finance, December 29, 2022. [Online]. Available: https://www.statista.com/statistics/1411133/crypto-payment-apps-market-size/