BCG: "In 2030, the number of participants in the crypto industry will reach a billion"
People who are not part of the crypto community often look at the price of bitcoin (BTC) and come to the conclusion that it is too late to engage in cryptocurrency. However, the Boston Consulting Group report shows that the industry is still at the initial stage of the implementation curve.
In a joint report published by Boston Consulting Group, Bitget and Foresight Ventures, the data shows that the adoption of cryptocurrencies is still very low compared to traditional investment assets. According to BCG, only 0.3% of personal capital is invested in cryptocurrency, which is incomparable with 25% that are invested in stocks.
The report concludes that the shallow penetration of investments means that there are still many opportunities for more substantial growth and implementation in the crypto industry. There is where to invest.
In addition, the report compares the Internet adoption curve to reach 1 billion users with current cryptocurrency holders and Ethereum addresses with non-zero balances. Based on this comparison, the report concludes that "there is a lot of growth ahead."
Comparison of the growth curves of Internet users and cryptocurrencies.
Source: Boston Consulting Group, Bitget and Foresight Ventures.
Comparing the data, the researchers predicted that by 2030 the number of users of the crypto industry could reach one billion, if, of course, the trend line persists.
A recent market report by the consulting firm Verified Market Research predicts that the value of the non-interchangeable tokens (NFT) industry could grow to $231 billion in 10 years. According to the report, the cumulative annual growth of the sector could reach 33.7%, with music, cinema and sports being the driving factors.
On the other hand, there are also bolder forecasts. For example, a McKinsey & Company report reports that the Metaverse alone could reach an estimate of $5 trillion in 2030. An international consulting company conducted a survey of consumers and companies in different countries and industries to identify patterns in consumer behavior. According to his conclusions, the cash flow in the Metaverse will be managed by e-commerce, and by 2030 the sector's revenue will amount to $ 2.6 trillion.
https://coin-signal.com/cryptonews/bcg-in-2030-the-number-of-participants-in-the-crypto-industry-will-reach-a-billion/
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