According to a recent report, the worldwide Bitcoin technology sector will continue to rise next years.
According to a nearly 100-page report conducted by Research and Markets, the Bitcoin technology market is expected to increase by up to 8.3 percent (CAGR) between 2021 and 2026.
The study begins by highlighting why Bitcoin is desired and has the potential for future growth.
Zero inflation risk is an important attribute that makes BTC a trend investment. The fear of inflation is abolished and falls to zero by eliminating the fact that Bitcoin is not emitted and supply is constrained.
As a result, analysts claim that this feature forces buyers and sellers to enter the market, causing the user base to grow.
North America is still the clear favorite in terms of demographic distribution and which region can be the fastest expanding in Bitcoin mining. According to the report, companies that provide bitcoin or other sorts of crypto services, rather than only mining, are already developing in this region.
When it comes to the country with the most Bitcoin ATMs, the United States comes out on top with 18887, followed by Canada with 1523. (at time of writing).