Recent regulations and directives imposed by the European banking authorities has hugely impacted the Bitcoin market in Europe

The article cited AMA's Global Bitcoin Payment Market Study explored substantial growth with CAGR of 7.42%. According the report, Technologies In Finance Are Being Implemented To Create Innovative Products is one of the primary growth factors for the market. Rising Need For A Decentralized And Secure Digital Payment System is also expected to contribute significantly to the Bitcoin Payment market. Overall, Banking and financial services applications of Bitcoin Payment, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Bitcoin Payment market identified that the demand is rising in many different parts of the world as "Rising Trust Among The Globe For Bitcoin Payment Owing To High-Security Offered By Cryptography" Furthermore, some recent industry insights like "WordPress.com has announced the free blog subdomain on their own site and Bitcoinshop.us featured on the RedChip money report airing on Bloomberg." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Bitcoin Payment market by Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Bitcoin Payment market and other related sub-markets covered in the study.

o Key & emerging players in the Bitcoin Payment market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Bitcoin Payment market size is calculated using market estimation process, the Bitcoin Payment market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Bitcoin Payment market size has been validated using both top-down and bottom-up approaches.