• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • Blockchain Expo Europe, Amsterdam (September 26-27, 2023)
    • FinTech Festival Asia, Thailand (September 27-28, 2023)
    • Blockchain Economy Summit, Dubai (October 4-5, 2023)
    • Ibiza NXT (October 4-6, 2023)
    • Money 2020 USA, Las Vegas (October 22-25, 2023)
    • European Blockchain Convention, Barcelona (October 24-26, 2023)
    • Wiki Finance Expo, Sydney (November 16, 2023)
    • Future Tech Event, Oman (November, 2023)
    • Money 2020 Europe, Amsterdam (June 4-6, 2024)
  • Past Events
    • Event Horizon
    • Blockchain Life
    • BlockShow Europe

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies


Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Blockchain Devices Market Set for Explosive 34.2% CAGR Growth, Projected to Reach $14.4 Billion by 2030, Fueled by Crypto Hardware Wallets and Crypto ATMs

September 13, 2023 By GlobeNewswire

Dublin, Sept. 13, 2023 (GLOBE NEWSWIRE) -- The "Blockchain Devices - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.



The global Blockchain Devices market is poised for substantial growth, with a projected CAGR of 34.2% from 2022 to 2030. In 2022, the market was valued at approximately $1.4 billion, and it is expected to reach $14.4 billion by 2030. Several key factors are contributing to this growth:

  1. Crypto Hardware Wallets: The Crypto Hardware Wallets segment is expected to play a pivotal role in the market's expansion, with a projected CAGR of 33.8%. These hardware wallets are essential for securely storing cryptocurrencies, which are gaining widespread adoption.
  2. Crypto ATMs: The Crypto ATMs segment is also expected to see significant growth, with a readjusted CAGR of 38%. Crypto ATMs provide a convenient way for users to buy and sell cryptocurrencies, and their deployment is increasing worldwide.
  3. U.S. Market: In 2022, the Blockchain Devices market in the United States was valued at approximately $412.9 million. China, the world's second-largest economy, is forecasted to experience rapid growth with a projected market size of $2.3 billion by 2030, trailing a CAGR of 32.6%. Both countries are significant contributors to the global market.
  4. Global Expansion: Other noteworthy geographic markets for blockchain devices include Japan and Canada, with forecasted CAGRs of 29.8% and 27.8%, respectively, from 2022 to 2030. Within Europe, Germany is also expected to grow at an approximate CAGR of 21%.

Key Competitors:

The Blockchain Devices market features several key players, including:

  • Avado
  • Bitaccess
  • Blockchain Luxembourg S.A
  • Coolbitx
  • Covault
  • Ellipal Limited
  • Filament
  • General Bytes R.O.
  • Genesis Coin Inc.
  • HTC

These competitors are actively contributing to the growth and development of the blockchain devices market globally. The increasing adoption of cryptocurrencies, the need for secure storage solutions, and the growing number of crypto ATMs are key drivers fueling the market's expansion. Blockchain devices are becoming increasingly essential in the rapidly evolving digital economy.



Key Attributes:

Report AttributeDetails
No. of Pages88
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$1.4 Billion
Forecasted Market Value (USD) by 2030$14.4 Billion
Compound Annual Growth Rate33.8%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Blockchain Devices - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/tvzn2e

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

  • Global Market for Blockchain Devices
CONTACT: 
CONTACT: ResearchAndMarkets.com 
         Laura Wood,Senior Press Manager 
         press@researchandmarkets.com
         For E.S.T Office Hours Call 1-917-300-0470 
         For U.S./ CAN Toll Free Call 1-800-526-8630 
         For GMT Office Hours Call +353-1-416-8900 


Filed Under: News Feed

Primary Sidebar

Follow Us

Press Releases

Bybit and DMCC Crypto Centre Announce a Million-Dollar Hackathon to Drive Web3 Innovation in Dubai

September 29, 2023

Ordzaar inks groundbreaking partnership with Bali Blockchain Center to preserve Balinese art through Bitcoin Ordinals

September 29, 2023

Quant Smart Audit protects enterprises against the $4bn threat of smart contract hacks

September 29, 2023

Blockchain’s Fresh Phenomenon: Tradecurve Markets (TCRV) Outshines Fantom (FTM) and Filecoin (FIL)

September 29, 2023

Microsoft AI Selects Tradecurve Markets, Near Protocol, Tezos, as Top Performing Cryptos for 2023

September 28, 2023

Blockchain Expo Europe 2023

Fintech Festival Asia 2023

Blockchain Economy Dubai 2023

Money2020 USA

European Blockchain Convention 2023

Blockchain Expo Global 2023

Money2020 Europe

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2023 Crypto Reporter