Market Overview:
The global cryptojacking solutions market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing adoption of cryptojacking solutions by enterprises for mitigating the risks associated with cryptocurrency mining malware. Cryptojacking is a process of using someone else's computer without their permission to mine cryptocurrencies. Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Some of the major drivers for this market include growing concerns over data privacy and security, increasing instances of cryptojacking, and rising demand for cryptocurrencies. However, lack of awareness about cryptojacking among enterprises may restrain the growth of this market during the forecast period. The global cryptojacking solutions market can be segmented on the basisof type into software and services. Onthe basisof application,themarketcanbe segmentedinto IT & telecom, BFSI, logistics & transportation, healthcare, and others.
Product Definition:
Cryptojacking is the unauthorized use of someone else's computer to mine cryptocurrency. It can be done by installing a cryptojacking script on a website or by infecting a computer with malware that uses its resources to mine cryptocurrency. Cryptojacking can also be done using cloud-based services.
Software:
Software is the collection of tools and techniques which are used to solve a problem or accomplish a goal. In the case of cryptocurrencies such as Bitcoin, Ethereum, and Litecoin; software is used for mining purposes. Mining means using high powered computers to solve complex algorithms and wining monetary rewards in return. The more miners there are in the network, the faster it mines transactions and also creates new units of currency.
Services:
The global services and it's usage in Cryptojacking Solutions market is expected to witness significant growth over the forecast period. The growth of this market can be attributed to factors such as an increase in demand for cloud-based solutions, rise of digitalization across industries, growing adoption of internet services by individuals globally along with a surge in online business activities. These are some major factors that are driving the growth of this market globally.
Application Insights:
The others application segment held the largest market share of more than 40.0% in 2017. The other applications include media & entertainment, public sector and non-profit organizations. Increasing adoption of cryptojacking services by these sectors is expected to drive the demand over the forecast period. For instance, according to a study published by Kaspersky Lab in 2018, around 60% of all malware attacks on media & entertainment companies were caused by cryptominers using malicious ads as a vector for infection.
The IT & telecom industry is anticipated to emerge as one of the fastest-growing segments over the forecast period owing to increasing investments from various companies in order to improve their online advertising business model and content distribution channels at low costs while avoiding data loss or duplication among other advantages offered by this technology globally since past few years now across different industries worldwide which are driving its demand globally without any interruptions till 2030 now with an estimated CAGR exceeding 5%.
Regional Analysis:
North America was the largest regional market in 2017 and will remain dominant throughout the forecast period. This growth can be attributed to rising cases of cybercrimes, sophisticated technology usage, high adoption rate of smartphones, and presence of major players in this region. The U.S., being a developed economy is more prone to such incidents which has led to an increase in demand for cryptojacking solutions within this country.
Asia Pacific is expected to witness significant growth over the next eight years owing to increasing number of smartphone users, internet penetration rates along with growing BFSI sector especially in India & China are some key factors driving regional market growth. Additionally growing IT & telecom industry coupled with government initiatives for digital payments are also contributing towards increased demand for these solutions within APAC region thereby boosting overall revenue generation across other regions as well (Europe and Latin America).
Growth Factors:
- Increasing demand for cryptocurrency
- Rising number of cyber attacks and data breaches
- Growing popularity of cloud-based services
- Proliferation of connected devices and the Internet of Things (IoT)
- Emergence of new blockchain platforms
Scope Of The Report
Report Attributes
Report Details
Report Title
Cryptojacking Solutions Market Research Report
By Type
Software, Services
By Application
IT & Telecom, BFSI, Logistics & Transportation, Healthcare, Others
By Companies
SonicWall, Kaspersky, McAfee, Optiv, Versa Networks, Varonis, Fortinet, Malwarebytes, Buguroo, HelpSystems(GoAnywhere), BlackBerry, Panda Security
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Cryptojacking Solutions Market Report Segments:
The global Cryptojacking Solutions market is segmented on the basis of:
Types
Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
IT & Telecom, BFSI, Logistics & Transportation, Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SonicWall
- Kaspersky
- McAfee
- Optiv
- Versa Networks
- Varonis
- Fortinet
- Malwarebytes
- Buguroo
- HelpSystems(GoAnywhere)
- BlackBerry
- Panda Security
Highlights of The Cryptojacking Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Services
- By Application:
- IT & Telecom
- BFSI
- Logistics & Transportation
- Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cryptojacking Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cryptojacking is a term used to describe the act of using a computer to mine cryptocurrency without the useru2019s knowledge or consent. Cryptojacking can be done through software installed on a personal computer, or it can be done remotely through devices like smartphones and tablets.
Some of the key players operating in the cryptojacking solutions market are SonicWall, Kaspersky, McAfee, Optiv, Versa Networks, Varonis, Fortinet, Malwarebytes, Buguroo, HelpSystems(GoAnywhere), BlackBerry, Panda Security.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cryptojacking Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cryptojacking Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cryptojacking Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cryptojacking Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cryptojacking Solutions Market Size & Forecast, 2018-2028
4.5.1 Cryptojacking Solutions Market Size and Y-o-Y Growth
4.5.2 Cryptojacking Solutions Market Absolute $ Opportunity
Chapter 5 Global Cryptojacking Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cryptojacking Solutions Market Size Forecast by Type
5.2.1 Software
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cryptojacking Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cryptojacking Solutions Market Size Forecast by Applications
6.2.1 IT & Telecom
6.2.2 BFSI
6.2.3 Logistics & Transportation
6.2.4 Healthcare
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cryptojacking Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cryptojacking Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cryptojacking Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Cryptojacking Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cryptojacking Solutions Market Size Forecast by Type
9.6.1 Software
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cryptojacking Solutions Market Size Forecast by Applications
9.10.1 IT & Telecom
9.10.2 BFSI
9.10.3 Logistics & Transportation
9.10.4 Healthcare
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cryptojacking Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Cryptojacking Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cryptojacking Solutions Market Size Forecast by Type
10.6.1 Software
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cryptojacking Solutions Market Size Forecast by Applications
10.10.1 IT & Telecom
10.10.2 BFSI
10.10.3 Logistics & Transportation
10.10.4 Healthcare
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cryptojacking Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cryptojacking Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cryptojacking Solutions Market Size Forecast by Type
11.6.1 Software
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cryptojacking Solutions Market Size Forecast by Applications
11.10.1 IT & Telecom
11.10.2 BFSI
11.10.3 Logistics & Transportation
11.10.4 Healthcare
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cryptojacking Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Cryptojacking Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cryptojacking Solutions Market Size Forecast by Type
12.6.1 Software
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cryptojacking Solutions Market Size Forecast by Applications
12.10.1 IT & Telecom
12.10.2 BFSI
12.10.3 Logistics & Transportation
12.10.4 Healthcare
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cryptojacking Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cryptojacking Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cryptojacking Solutions Market Size Forecast by Type
13.6.1 Software
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cryptojacking Solutions Market Size Forecast by Applications
13.10.1 IT & Telecom
13.10.2 BFSI
13.10.3 Logistics & Transportation
13.10.4 Healthcare
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cryptojacking Solutions Market: Competitive Dashboard
14.2 Global Cryptojacking Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SonicWall
14.3.2 Kaspersky
14.3.3 McAfee
14.3.4 Optiv
14.3.5 Versa Networks
14.3.6 Varonis
14.3.7 Fortinet
14.3.8 Malwarebytes
14.3.9 Buguroo
14.3.10 HelpSystems(GoAnywhere)
14.3.11 BlackBerry
14.3.12 Panda Security
