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Cryptocurrency Market to Grow by USD 39.75 Billion (2025-2029), Rising Investment in Digital Assets to Boost Revenue, Report on AI Driving Market Transformation – Technavio

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NEW YORK, Jan. 30, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global cryptocurrency market  size is estimated to grow by USD 39.75 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  16.7%  during the forecast period. Rising investment in digital assets is driving market growth, with a trend towards acceptance of cryptocurrency by retailers. However, volatility in value of cryptocurrency  poses a challenge. Key market players include AlphaPoint Corp., Binance Holdings Ltd., Bit2Me, Bitfury Group Ltd., Cardano, CEX.IO Corp., Coinbase Global Inc., DOGECOIN, FMR LLC, Gemini Trust Co. LLC, KuCoin, Ledger SAS, Marathon Digital Holdings, Pantera Capital, PT Pintu Kemana Saja, Riot Platforms Inc., Ripple Labs Inc., Shiba Inu, Valora Inc., WazirX, and Xapo Bank Ltd..

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Forecast period

2025-2029

Base Year

2024

Historic Data

2019 – 2023

Segment Covered

Type (Bitcoin, Ethereum, and Others), Component (Hardware and Software), Geography (North America, Europe, APAC, South America, and Middle East and Africa).

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

AlphaPoint Corp., Binance Holdings Ltd., Bit2Me, Bitfury Group Ltd., Cardano, CEX.IO Corp., Coinbase Global Inc., DOGECOIN, FMR LLC, Gemini Trust Co. LLC, KuCoin, Ledger SAS, Marathon Digital Holdings, Pantera Capital, PT Pintu Kemana Saja, Riot Platforms Inc., Ripple Labs Inc., Shiba Inu, Valora Inc., WazirX, and Xapo Bank Ltd.

Key Market Trends Fueling Growth

Cryptocurrencies, like Bitcoin and Ethereum, are digital currencies based on decentralized technology called Blockchain. This technology enables secure, transparent transactions without the need for intermediaries. Global adoption of cryptocurrencies is on the rise, with Ethereum leading the charge as a popular platform for decentralized applications. However, price volatility remains a concern, along with cybersecurity risks and theft. Regulatory outlooks vary, with some countries embracing the digital revolution and others cautious. Energy consumption and environmental effects are also topics of debate. Skilled developers are in high demand for financial services and cryptocurrency projects. Consumer protection and financial stability are key concerns, with scams and fraudulent investments a risk. Renewable energy and blockchain talent are driving innovation. Cryptography and encryption ensure secure transactions, while decentralized systems offer transparency through public ledgers. Altcoins, mining, digital wallets, and trading are part of the cryptocurrency landscape. Brokers, cryptocurrency exchanges, and payment methods like ACH transfers and wire transfers facilitate transactions. Fiat currency, Bitcoin trusts, mutual funds, and stocks offer investment opportunities. Cryptocurrencies are used in e-commerce, luxury goods, insurance payments, and more. Security is paramount, with hot and cold wallets providing different levels of protection. Be wary of crypto scams, fraud, and romance scams. 

The adoption of cryptocurrencies like Bitcoin and Ether has gained traction among the public, businesses, and merchants for everyday transactions. In 2022, the usage of cryptocurrencies by major retailers, such as Starbucks, enhanced public acceptance and trust. Previously, cryptocurrencies were utilized for purchasing cars and ordering food and groceries. Companies like Starbucks currently accept cryptocurrency payments through third-party exchanges, such as iPayYou, which convert cryptocurrencies to cash. Starbucks Corporation (Starbucks) may consider accepting direct cryptocurrency payments in the future. In April 2022, Starbucks introduced Non-Fungible Tokens (NFTs) and cryptocurrencies as payment methods in their stores. 

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Market Challenges

Cryptocurrency markets present significant opportunities for businesses and individuals in the digital revolution. However, they come with challenges. Decentralized currencies like Bitcoin and Ethereum face price volatility, cybersecurity risks, and theft. Regulatory outlooks vary globally, impacting adoption. Energy consumption and environmental effects are concerns. Skilled developers are in high demand for blockchain technology and cryptography. Financial services seek to integrate digital assets into their offerings, but consumer protection and financial stability are crucial. Digital wallets and trading platforms require security. Price volatility and scams, including romance scams and fraudulent investments, pose risks. Renewable energy and blockchain talent offer solutions. Businesses must navigate this complex landscape carefully, considering investment vehicles like Bitcoin trusts and mutual funds, and the role of cryptocurrency in e-commerce, luxury goods, insurance payments, and more.Cryptocurrencies, such as Bitcoin, exhibit extreme volatility due to the large amount controlled by a small group of investors who frequently trade on platforms and exchanges. In June 2022, Bitcoin experienced a significant 10% decrease in value, dropping from its November 2021 high of USD69,000 per token. This decline was influenced by the Indian government’s announcement to ban cryptocurrencies and introduce their own digital currency. Low-risk investors generally avoid including cryptocurrencies in their portfolios due to this unpredictable market behavior.

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Segment Overview 

This cryptocurrency market report extensively covers market segmentation by

Type 1.1 Bitcoin1.2 Ethereum1.3 OthersComponent 2.1 Hardware2.2 SoftwareGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Bitcoin–  Bitcoin, the world’s leading digital currency, boasts a market capitalization of over USD470 billion, making it the largest cryptocurrency by far. With 95% recognition among interested parties, Bitcoin operates as a decentralized, peer-to-peer (P2P) digital currency, bypassing the need for central authorities. Four other top cryptocurrencies, Tether, USD Coin, Binance USD, and DAI, are pegged to the US dollar. In the US, approximately 8% of the population engages in cryptocurrency trading. Bitcoin‘s popularity fuels the expansion of the global cryptocurrency market, as all transactions are recorded on a secure, decentralized public ledger called the blockchain.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 – 2023) 

Research Analysis

Cryptocurrencies, based on blockchain technology, represent a decentralized form of digital currency that operates outside of traditional financial institutions. Ethereum, one of the leading platforms, enables the creation of decentralized applications. Global adoption of cryptocurrencies is growing, but price volatility remains a significant challenge. Cybersecurity and theft risk are concerns, with regulatory outlooks varying worldwide. Energy consumption is a topic of debate, with some arguing that renewable energy sources can mitigate environmental effects. Skilled developers are in high demand for creating and maintaining these systems, and financial services are increasingly integrating cryptocurrencies. The digital revolution brings opportunities for consumer protection and financial stability, but also risks of scams and fraudulent investments. Transactions are recorded on a public ledger, ensuring transparency, while cryptography and a decentralized system provide security. Bitcoin, Ethereum, Litecoin, Ripple, and altcoins are the most well-known cryptocurrencies.

Market Research Overview

The cryptocurrency market is a decentralized economy fueled by blockchain technology, where digital currency transactions are recorded on a public ledger. Ethereum, the second-largest cryptocurrency, powers smart contracts and decentralized applications. Global adoption of cryptocurrencies is on the rise, but price volatility remains a concern. Cybersecurity and theft risk are significant challenges, with regulatory outlooks varying worldwide. Energy consumption and environmental effects are also topics of debate. Skilled developers are in high demand to build the next generation of financial services and digital assets. Consumer protection and financial stability are crucial as cryptocurrencies become more mainstream. Blockchain technology offers encryption, decentralized systems, and secure transactions, but scams, fraudulent investments, and thefts persist. Renewable energy and blockchain talent are key to reducing the environmental impact of cryptocurrency mining. Trading, brokers, and cryptocurrency exchanges provide various payment methods, including fiat currency transfers and digital wallets. Cryptocurrencies are used for e-commerce, luxury goods, insurance payments, and even as investments through trusts, mutual funds, and stocks. However, the market is riddled with scams, fraud, and romance scams, making it essential to exercise caution.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeBitcoinEthereumOthersComponentHardwareSoftwareGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Axera’s ADAS Chip Arrived in Europe with Leapmotor, Advancing Global Expansion

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SHANGHAI, Oct. 20, 2026 /PRNewswire/ — Axera’s intelligent driving chip has entered the European market in Leapmotor’s new global compact electric hatchback, marking a major step in the company’s international automotive expansion. Purpose-built for global markets, the chip brings Axera’s production-proven driver assistance technology to European consumers.

The vehicle is a core offering in Leapmotor’s global lineup, designed to make intelligent driving more accessible and support the automaker’s international growth. Industry data show that Leapmotor delivered over 660,000 vehicles from January to September 2026, including over 150,000 exports. With overseas sales approaching 23% of total deliveries, Leapmotor’s international momentum provides a strong foundation for expanding deployments of Axera’s ADAS chip beyond China.

Designed as a standardized ADAS SoC for global applications, the chip features Axera’s proprietary AXNeutron mixed-precision NPU. It natively supports BEV perception models and dynamic allocation of compute resources across INT4, INT8, and INT16 precision levels. Its proprietary AI-ISP supports 8MP@50fps, enabling reliable detection of pedestrians, non-motor vehicles, and road signs in challenging lighting conditions, including backlit scenes, rainy nights, and tunnels.

The chip first entered mass production in China in April 2026, debuted in a best-selling Leapmotor model. Powered by the chip, the complete driver assistance system was an early adopter of BEV perception models and introduced the industry’s first visual HMI prompts for road markings in its system class. It also meets China’s latest mandatory regulatory requirements, enhancing driving safety and comfort. With Leapmotor’s overseas production rollout, this mature ADAS solution is now reaching European consumers.

Since mass production began, Axera’s ADAS chip has rapidly scaled to more than 50,000 vehicle installations per month. It is now deployed across key models from leading Chinese brands, including Leapmotor, etc., with production ramping up well beyond industry expectations. The European launch is only the beginning of Axera’s global automotive expansion. Combining high integration and performance with low power consumption, and backed by comprehensive functional safety and cybersecurity certifications, the chip serves as a standardized ADAS platform. Multiple international Tier 1 suppliers have incorporated it into their global supply chains, while design wins with overseas automakers continue to advance.

Axera’s ability to deliver its proprietary intelligent driving chip platforms at scale has helped it respond to demand generated by China’s new mandatory regulations and the international expansion of the Chinese automotive supply chain. The company has quickly established itself among China’s leading automotive ADAS chipmakers. According to industry research, Axera’s share of its intelligent driving chip market segment rose from 8.9% in the first half of 2025 to 33.32% in the first half of 2026. It was the only domestic chipmaker in that segment to more than double its market share over the period, reinforcing its growing influence in the automotive chip market.

Automotive SoCs have become a core growth driver for Axera. Its first-half 2026 financial report recorded shipments of 420,000 automotive intelligent SoCs and 24 new design wins. The number of vehicle brands it serves grew to 25, including seven international and joint-venture automakers, reflecting continued growth in both scale and international reach.

Building on its established presence in China, Axera is expanding its role in the global ADAS market. The company will draw on its successful mass-production deployments to secure and bring more domestic and overseas vehicle programs to production, increase automotive chip shipments, and support sustained international growth.

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SOURCE Axera Semiconductor Co., Ltd.

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The Eurovision Effect: Agoda Maps Asia’s Travel Interest Ahead of the Bangkok Grand Final

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SINGAPORE, Oct. 20, 2026 /PRNewswire/ — Digital travel platform Agoda has seen a rise in travel interest to Bangkok this November, building towards one of the region’s biggest cultural moments of the year with the inaugural Eurovision Asia Grand Final, happening in the Thai capital on 14 November.

The contest marks a milestone for the region: the first-ever pan-Asian expansion of the 70-year-old Eurovision franchise, bringing finalists from 11 countries to the stage for a potential regional audience of millions. Against this backdrop, Agoda’s insights on travel interest suggest the region is packing its bags in more ways than one.

A Region Watching Bangkok

Travel interest to Bangkok is up 14% year on year for stays around the Grand Final period (9–22 November), based on Agoda accommodation searches from travelers across Asia. The leading markets considering Bangkok stays during this period include Thailand, Japan, the Philippines, Singapore, Taiwan, South Korea, Malaysia, Hong Kong, Vietnam, and India.

Vietnam travel interest to Bangkok more than doubled for the Grand Final period year on year based on accommodation searches, up 105%. India followed with a 43% increase, reflecting Indian travelers’ continued interest in short-haul travel to Southeast Asia, while Malaysia recorded a 4% rise, building on an already well-established travel relationship with Thailand. As host nation, Thailand is also embracing the moment at home: domestic travel interest to Bangkok for the same period is up 30% year on year, as Thai travelers plan to be part of the excitement in their own capital.

Opening Acts: Regional Interest Ahead of the Grand Final

Beyond Bangkok, Agoda search data reveals increasing travel interest amongst some popular travel destinations across Asia that have also had their own National Finals.

South Korea’s national selection show, Korea’s Next Wave, aired on 4 September, and general travel interest to South Korea from across the region rose 18% year on year. Vietnam saw a similar effect, with travel interest in the country rising 5% year on year around its own national selection show on 3 October.

Andrew Smith, Senior Vice President, Supply at Agoda, shared: “As the Official Travel Partner of Eurovision Song Contest Asia, Agoda is proud to support this cultural milestone and first in the region. We believe that Asia doesn’t just watch moments like these, but travels for them. Whether you’re heading to Bangkok for the Grand Final or inspired to explore the city this November, Agoda makes it easy to find the right stay for every kind of traveler, from Siam’s shopping energy to the culture of the Old Town.”

Where to Stay in Bangkok: A Neighborhood Guide for The Grand Final Season

For travelers planning a trip around the Grand Final, Bangkok offers a distinct experience depending on where you base yourself. Here’s a closer look at four neighborhoods worth considering.

Siam, Bangkok’s commercial heart, is where the city’s retail culture is on full display. Malls like Siam Paragon and Siam Center sit alongside boutiques and department stores, plus some of the city’s most photographed street energy. There is easy access to the BTS Skytrain, with the rest of the city a short ride away. Between shopping runs, visitors can explore Jim Thompson House, a preserved home-turned-museum, or cool off in one of the area’s food courts.

Thonglor and neighboring Ekkamai are Bangkok’s go-to districts for nightlife. Packed with cocktail bars, rooftop lounges, live music venues, and talked-about restaurants, the area draws locals and travelers alike for a livelier evening. It’s a fitting base for anyone attending Grand Final events after dark, with plenty nearby to keep the celebration going.

Sathorn, home to many of Bangkok’s most prestigious hotels and business towers, offers a more refined side of the city. Its riverside setting along the Chao Phraya makes it popular for skyline and sunset views, particularly from the district’s signature rooftop bars, alongside fine dining, dinner cruises, and the ICONSIAM mall across the water.

Bangkok’s Old Town is where the city’s history comes alive, for travelers seeking a deeper connection to Thai culture. Home to the Grand Palace, Wat Pho and its Reclining Buddha, and Wat Arun’s riverside spire, the area rewards exploration on foot or by longtail boat along the canals. It offers a quieter, more traditional base for balancing Grand Final excitement with a slower side of Bangkok.

— END —

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SOURCE Agoda

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Ingenico Selects Cognizant as Global Strategic Technology Partner

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Five-year agreement will help simplify and modernize Ingenico’s global technology operations

LONDON, Oct. 20, 2026 /PRNewswire/ — Cognizant (Nasdaq: CTSH) today announced that it has been chosen by Ingenico, the smart technology powering in-person commerce, as its global strategic technology partner. Under the five-year agreement, Cognizant has been tasked with embedding AI across Ingenico’s infrastructure and operations, security and data to support the modernization of Ingenico’s technology operations, including infrastructure, security, business and corporate applications and data systems, while providing managed services across end-user services, service desk, application support and engineering.

Every day, Ingenico’s smart technology powers millions of interactions worldwide, helping businesses deliver better customer experiences, build loyalty and drive growth. By combining seamless payment acceptance with powerful data and insights, Ingenico enables customers to reduce complexity and get more from every interaction, all backed by the security, reliability and trust the company is known for. To support its next phase of growth and innovation, Ingenico sought a strategic technology partner to simplify and modernize its technology operations and create a scalable foundation for future growth.

Cognizant will support the consolidation and modernization of Ingenico’s IT environment, helping strengthen security, improve operational efficiency and increase agility across the business.

“The payments industry continues to evolve rapidly, with growing demands around security, resilience, operational efficiency and innovation,” said Rohit Gupta, UK&I Managing Director at Cognizant. “We’re proud to have been selected by Ingenico as a strategic partner. Together, we’ll help modernize key operations, strengthen core technology foundations and support Ingenico’s long-term growth ambitions.”

“At Ingenico, we’re constantly evolving our technology and capabilities to help our customers grow, simplify complexity and deliver superior customer experiences,” commented Tim Fulton, CIO at Ingenico. “As we looked for a partner to support the next phase of that journey, Cognizant stood out through its industry expertise, global scale and understanding of our business. Together, we will modernize key IT operations, strengthen the foundations that underpin the trusted solutions our customers rely on, and increase agility across the business to support future growth and innovation.”

About Cognizant
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.

About Ingenico 
Ingenico is the smart technology powering in-person commerce. Every day, its intelligent solutions help businesses turn millions of payment interactions into opportunities to deliver superior customer experiences, build loyalty and increase revenue. 

With more than four decades of innovation and expertise, over 3,000 employees worldwide, and tens of millions of devices deployed across more than 120 countries, Ingenico combines seamless acceptance with powerful data and insights. Its intelligent solutions help businesses reduce complexity, grow faster and get more from every customer interaction, backed by the reliability, security and trust for which Ingenico is known. For more information, visit www.ingenico.com

Media contacts:

U.S.
Alex Dudley
alex.dudley@cognizant.com 

Europe / APAC
Sarah Douglas
sarah.douglas@cognizant.com 

India
Vipin Nair
vipin.nair@cognizant.com 

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SOURCE Cognizant Technology Solutions

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