Cryptocurrency Exchanges in Australia - Market Research Report

Cryptocurrency Exchanges industry trends (2014-2019)

poll Average industry growth 2014–2019: 183.5%

The Cryptocurrency Exchanges industry is a new industry in Australia, established in 2012-13 to cater to rising interest in cryptocurrencies as a form of payment. The industry has since grown at a meteoric pace, albeit from a low base. Bitcoin, the largest and most well-established cryptocurrency, was created in 2009. Industry services are therefore still in the formulation phase. Industry exchanges typically earn revenue through fees paid on deposits, withdrawals and trades conducted on local exchanges. Industry operators initially generated little revenue, as cryptocurrency was still in its infancy and had a low uptake. Many local exchanges recorded operating losses and relied on external sources of funding and capital. However, surging cryptocurre...
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Cryptocurrency Exchanges industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Cryptocurrency Exchanges industry is projected to continue growing over the next five years, albeit at a slower pace than the past five years as the technology behind cryptocurrencies matures and becomes more established. However, cryptocurrency exchanges are anticipated to benefit from greater knowledge and awareness of digital currencies. The number of new and unique users for cryptocurrency exchanges will increase as uptake rises, driving industry revenue growth. These opportunities are expected to contribute to growth in enterprise and employee numbers over the next five years, as rising profitability attracts new entrants. New digital coins are launched and offered every day around the world, some of which are eventually listed on local cryp...
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Cryptocurrency Exchanges industry statistics

  • attach_money Market Size: $37m
  • business Number of Businesses: 140
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 420

Biggest companies in the Cryptocurrency Exchanges industry

The companies holding the largest market share in the Cryptocurrency Exchanges in Australia industry include BTC Markets Pty Ltd, Independent Reserve Pty Ltd and Peak Trading Group Pty Ltd.

  • pie_chart BTC Markets Pty Ltd Market Share: x.x%
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  • pie_chart Independent Reserve Pty Ltd Market Share: x.x%
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  • pie_chart Peak Trading Group Pty Ltd Market Share: x.x%
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What is Cryptocurrency Exchanges industry?

Industry Definition

Industry operators primarily provide cryptocurrency exchange services. The industry includes companies that allow consumers and companies to buy and sell cryptocurrencies. The industry excludes companies involved in cryptocurrency mining and providing cryptocurrency investment products such as hedge funds, derivatives and savings accounts.

Industry Products and Services

  • Bitcoin
  • Ethereum
  • Litecoin
  • Ripple
  • Other altcoins

Industry Activities

  • Operating cryptocurrency exchanges

Market research report - table of contents

Industry Definition

Industry operators primarily provide cryptocurrency exchange services. The industry includes companies that allow consumers and companies to buy and sell cryptocurrencies. The industry excludes companies involved in cryptocurrency mining and providing cryptocurrency investment products such as hedge funds, derivatives and savings accounts.

Main Activities

  • Operating cryptocurrency exchanges

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Household discretionary income represents the income available for discretionary purchases after accounting for necessities such as food and utilities. Di...
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Real household discretionary income
Household savings ratio
All Ordinaries index
Demand from online shopping

Current Performance

Price and volume
Local market
Regulation
 Chart: Revenue Growth

Industry Outlook

Cryptocurrency prices and markets
Regulation
Major financial institutions
 Table: Cryptocurrency Exchanges in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Cryptocurrency Exchanges in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Computer and Computer Peripheral Wholesaling in Australia
Data Storage Services in Australia





Key Selling Industries

Investment Banking and Securities Brokerage in Australia






Products & Services

Operators in the Cryptocurrency Exchanges industry provide exchange services to clients investing in cryptocurrencies. A cryptocurrency, sometimes referre...
People aged 18 to 29
People aged 30 to 39
People aged 50 and over
People aged 40 to 49


Demand Determinants

Demand for cryptocurrency exchanges is based on factors such as discretionary income, the household savings ratio, demand for online shopping, and the ris...
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Major Markets

People aged 18 to 29
People aged 30 to 39
People aged 50 and over
People aged 40 to 49



 Chart: Major Market Segmentation for the Cryptocurrency Exchanges in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The industry displays moderate market share concentration. Over 160 cryptocurrency exchanges are currently estimated to be operating in the industry. BTC ...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Cryptocurrency Exchanges in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Cryptocurrency Exchanges in Australia - Market Research Report Industry

Industry Globalization

BTC Markets Pty Ltd is an Australian private company founded in July 2013 that acts as a cryptocurrency exchange. The company is based in Melbourne and wa...
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BTC Markets

 Table: BTC Markets - financial performance

Independent Reserve

 Table: Independent Reserve - financial performance

Peak Trading Group

 Table: Peak Trading Group - financial performance

Capital Intensity

The Cryptocurrency Exchanges industry exhibits low capital intensity. For every dollar paid as wages, an estimated $0.04 is spent on capital investment. T...
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 Chart: Level of Capital Intensity for the Cryptocurrency Exchanges in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Cryptocurrency Exchanges in Australia Industry

Industry Revenue (2013-2026)
Industry Gross Product (2013-2026)
Establishments (2013-2026)
Businesses (2013-2026)
Employment (2013-2026)
Exports (2013-2026)
Imports (2013-2026)
Wages (2013-2026)
Domestic Demand (2013-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

ALTCOIN

COIN

COLD WALLET

CRYPTOCURRENCY EXCHANGE

MINING

PEER TO PEER

STABLE RELEASE

WALLET

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Cryptocurrency Exchanges industry?

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This report on Cryptocurrency Exchanges in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Cryptocurrency Exchanges in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Cryptocurrency Exchanges in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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