A hardware wallet is a physical vault designed to offer safe storage for your cryptocurrency private keys. These specially-designed hard drives usually connect to your computer or smartphone via USB. Because you keep them offline, they provide cold storage for your coins and tokens.
Based on regions, most of the hardware wallet vendors are distributed in North America and Europe. In 2018, total USA cryptocurrency hardware wallet market size is estimated to be 73.91 Million USD, which is forecast to reach 4188.72 million USD by the end of 2025, growing at a CAGR of 90.87%. Total Europe cryptocurrency hardware wallet market size is estimated to be 77.54 Million USD, and the market is forecast to reach 4703.23 million USD by the end of 2025, growing at a CAGR of 92.27%. APAC is expected to experience a relatively low development phase, especially for the China, while market in Japan and India, Southeast Asia countries may keep growing in the forecast period. With the consumption of devices surging, companies in Asia-pacific region are coming up with new products to cater this segment, which is further driving the growth of the market.
According to this study, over the next five years the Cryptocurrency Hardware Wallet market will register a 111.6% CAGR in terms of revenue, the global market size will reach US$ 8690 million by 2024, from US$ 100 million in 2019. In particular, this report presents the global revenue market share of key companies in Cryptocurrency Hardware Wallet business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Cryptocurrency Hardware Wallet market by product type, application, key companies and key regions.
This study considers the Cryptocurrency Hardware Wallet value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
USB Connectivity Type
Bluetooth Connectivity Type
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Individual
Professionals
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Ledger
Trezor
KeepKey
Digital BitBox
Coinkite
BitLox
CoolWallet
CryoBit
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Cryptocurrency Hardware Wallet market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Cryptocurrency Hardware Wallet market by identifying its various subsegments.
Focuses on the key global Cryptocurrency Hardware Wallet players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cryptocurrency Hardware Wallet with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Cryptocurrency Hardware Wallet submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Cryptocurrency Hardware Wallet . Industry analysis & Market Report on Cryptocurrency Hardware Wallet is a syndicated market report, published as Global Cryptocurrency Hardware Wallet Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Cryptocurrency Hardware Wallet market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.