Cryptocurrency payments are forecast to grow at a CAGR of nearly 17 percent between 2023 and 2030, although the market is relatively small. The forecast is according to a market estimate made in early 2023, based on various conditions and sources available at that time. It should be noted, however, that cryptocurrency used for payments is predicted to be a far smaller market than the predicted transaction value of CBDC, or the forecast market size of instant payments. Indeed, 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 cryptocurrency payments within payment gateways worldwide in 2023, with a forecast for 2030
(in billion U.S. dollars)
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MMR. (January 31, 2024). Market size of cryptocurrency payments within payment gateways worldwide in 2023, with a forecast for 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1393453/crypto-payments-global-market-size/
MMR. "Market size of cryptocurrency payments within payment gateways worldwide in 2023, with a forecast for 2030 (in billion U.S. dollars)." Chart. January 31, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1393453/crypto-payments-global-market-size/
MMR. (2024). Market size of cryptocurrency payments within payment gateways worldwide in 2023, with a forecast for 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1393453/crypto-payments-global-market-size/
MMR. "Market Size of Cryptocurrency Payments within Payment Gateways Worldwide in 2023, with a Forecast for 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/1393453/crypto-payments-global-market-size/
MMR, Market size of cryptocurrency payments within payment gateways worldwide in 2023, with a forecast for 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1393453/crypto-payments-global-market-size/ (last visited November 21, 2024)
Market size of cryptocurrency payments within payment gateways worldwide in 2023, with a forecast for 2030 (in billion U.S. dollars) [Graph], MMR, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/1393453/crypto-payments-global-market-size/
