Canada Cryptocurrency Market Size & Outlook, 2024-2030
The cryptocurrency market in Canada is expected to reach a projected revenue of US$ 617.5 million by 2030. A compound annual growth rate of 18.6% is expected of Canada cryptocurrency market from 2025 to 2030.
Revenue, 2024 (US$M)
$223.9
Forecast, 2030 (US$M)
$617.5
CAGR, 2025 - 2030
18.6%
Report Coverage
Canada
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Canada cryptocurrency market highlights
- The Canada cryptocurrency market generated a revenue of USD 223.9 million in 2024 and is expected to reach USD 617.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 18.6% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Cryptocurrency market data book summary
| Market revenue in 2024 | USD 223.9 million |
| Market revenue in 2030 | USD 617.5 million |
| Growth rate | 18.6% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
| Key market players worldwide | Advanced Micro Devices Inc, Binance.US, Bitfury Group, BitGo, Bitmain, Intel Corp, NVIDIA Corp, Ripple India, Xapo, Xilinx |
Other key industry trends
- In terms of revenue, Canada accounted for 3.9% of the global cryptocurrency market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. cryptocurrency market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 617.5 million by 2030.
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Cryptocurrency Market Scope
Cryptocurrency market segmentation & scope
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Cryptocurrency Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Xapo | View profile | 11-50 | Palo Alto, California, United States, North America | http://xapo.com |
| Xilinx | View profile | 1001-5000 | San Jose, California, United States, North America | http://www.xilinx.com |
| BitGo | View profile | 101-250 | Palo Alto, California, United States, North America | http://www.bitgo.com |
| Binance.US | View profile | 251-500 | Palo Alto, California, United States, North America | https://www.binance.us |
| Bitfury Group | View profile | 501-1000 | Amsterdam, Noord-Holland, The Netherlands, Europe | http://www.bitfury.com |
| Bitmain | View profile | 501-1000 | Beijing, Beijing, China, Asia | https://www.bitmain.com |
| Advanced Micro Devices Inc | View profile | 26000 | 2485 Augustine Drive, Santa Clara, CA, United States, 95054 | https://www.amd.com |
| Ripple India | View profile | 11-50 | Hyderabad, Andhra Pradesh, India, Asia | https://www.rippleindia.in |
| NVIDIA Corp | View profile | 29600 | 2788 San Tomas Expressway, Santa Clara, CA, United States, 95051 | https://www.nvidia.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
Canada cryptocurrency market size, by component, 2018-2030 (US$M)
Canada Cryptocurrency Market Outlook Share, 2024 & 2030 (US$M)
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