Global Hardware Wallet Market Size study, by type (USB, NFC, Bluetooth), and Regional Forecasts 20212027
- BIZ4639241
- 200 Pages
- August 2021
- ICT & Media
The regional analysis of the Global Hardware Wallet Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share due to increasing trend of digital and cashless economy in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 20212027, due to growing adoption of cryptocurrency in the region.
Major market player included in this report are:
ARCHOS
BitLox
CoolBitX Technology Ltd.
ELLIPAL Limited
Ledger SAS
OPOLO SARL
Satoshi Labs SRO
ShapeShift
Shift Crypto AG
Sugi (Sofitto NV).
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By type:
USB
NFC
Bluetooth
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.
Target Audience of the Global Hardware Wallet Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Global Hardware Wallet Market is valued at approximately USD 0.21 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 29.24 % over the forecast period 20212027. Hardware wallets are physical devices that hold cryptocurrency private keys offline in an encrypted device. When spending bitcoins, private keys in these wallets are required, and the wallets allow traders to safely store the keys while preserving the information. The demand for hardware wallets is skyrocketing, according to companies who make them. The demand for wallets is growing in tandem with the number of people who own several cryptocurrencies. The market's growth is being influenced by the flexibility afforded by these solutions when compared to software, web wallets, and paper wallets. In August 2021, HooFoo, the first app and hardware combination wallet that secures and simplifies cryptocurrency transactions, waslaunched on Indiegogo. The company has developed a safer cold storage Bitcoin wallet for cryptocurrency as a result of the recent many Bitcoin exchange attacks. Furthermore, NEM Group and the NEM ecosystem revealed in February 2021 that Ledger's Nano S and Nano X hardware wallets now support the NEM NIS1 XEM token and will support the XYM token when Symbol by NEM launches. Users may safely hold XEM and XYM assets by owning and securing their private keys with their own hardware wallets, while managing their tokens with the NEM Nano Wallet. NEM Group and the NEM ecosystem also announced in February 2021 that Ledger's Nano S and Nano X hardware wallets now support the NEM NIS1 XEM token and will support the XYM token when Symbol by NEM launches. By owning and safeguarding their private keys with personal own hardware wallets, users may safely hold XEM and XYM assets while utilising the NEM Nano Wallet to manage their tokens. Furthermore, businesses are gradually focusing on enhancing the security of their products. The Goldpac Group, for example, chose IDEX Biometrics as a technology partner for its digital money initiative in China in March 2021. The firm now intends to use IDEX's technology. However, regulations against cryptocurrencies in some countries may impede market growth over the forecast period of 2021-2027.
The regional analysis of the Global Hardware Wallet Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share due to increasing trend of digital and cashless economy in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 20212027, due to growing adoption of cryptocurrency in the region.
Major market player included in this report are:
ARCHOS
BitLox
CoolBitX Technology Ltd.
ELLIPAL Limited
Ledger SAS
OPOLO SARL
Satoshi Labs SRO
ShapeShift
Shift Crypto AG
Sugi (Sofitto NV).
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By type:
USB
NFC
Bluetooth
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.
Target Audience of the Global Hardware Wallet Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Hardware Wallet Market, by Region, 2019-2027 (USD Billion)
1.2.2. Hardware Wallet Market, by Type, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Hardware Wallet Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Hardware Wallet Market Dynamics
3.1. Hardware Wallet Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increasing investments in cryptocurrency
3.1.1.2. Rising focus on security
3.1.2. Market Restraint
3.1.2.1. Regulations against cryptocurrencies
3.1.3. Market Opportunities
3.1.3.1. Growing attention to payment habits and the financial life cycle
Chapter 4. Global Hardware Wallet Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Hardware Wallet Market, by Type
5.1. Market Snapshot
5.2. Global Hardware Wallet Market by Type, Performance - Potential Analysis
5.3. Global Hardware Wallet Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
5.4. Hardware Wallet Market, Sub Segment Analysis
5.4.1. USB
5.4.2. NFC
5.4.3. Bluetooth
Chapter 6. Global Hardware Wallet Market, Regional Analysis
6.1. Hardware Wallet Market, Regional Market Snapshot
6.2. North America Hardware Wallet Market
6.2.1. U.S. Hardware Wallet Market
6.2.1.1. Type breakdown estimates & forecasts, 2018-2027
6.2.2. Canada Hardware Wallet Market
6.3. Europe Hardware Wallet Market Snapshot
6.3.1. U.K. Hardware Wallet Market
6.3.2. Germany Hardware Wallet Market
6.3.3. France Hardware Wallet Market
6.3.4. Spain Hardware Wallet Market
6.3.5. Italy Hardware Wallet Market
6.3.6. Rest of Europe Hardware Wallet Market
6.4. Asia-Pacific Hardware Wallet Market Snapshot
6.4.1. China Hardware Wallet Market
6.4.2. India Hardware Wallet Market
6.4.3. Japan Hardware Wallet Market
6.4.4. Australia Hardware Wallet Market
6.4.5. South Korea Hardware Wallet Market
6.4.6. Rest of Asia Pacific Hardware Wallet Market
6.5. Latin America Hardware Wallet Market Snapshot
6.5.1. Brazil Hardware Wallet Market
6.5.2. Mexico Hardware Wallet Market
6.6. Rest of The World Hardware Wallet Market
Chapter 7. Competitive Intelligence
7.1. Top Market Strategies
7.2. Company Profiles
7.2.1. ARCHOS
7.2.1.1. Key Information
7.2.1.2. Overview
7.2.1.3. Financial (Subject to Data Availability)
7.2.1.4. Product Summary
7.2.1.5. Recent Developments
7.2.2. BitLox
7.2.3. CoolBitX Technology Ltd.
7.2.4. ELLIPAL Limited
7.2.5. Ledger SAS
7.2.6. OPOLO SARL
7.2.7. Satoshi Labs SRO
7.2.8. ShapeShift
7.2.9. Shift Crypto AG
7.2.10. Sugi (Sofitto NV).
Chapter 8. Research Process
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption
TABLE 1. Global Hardware Wallet Market, report scope
TABLE 2. Global Hardware Wallet Market estimates & forecasts by region 2018-2027 (USD Billion)
TABLE 3. Global Hardware Wallet Market estimates & forecasts by Type 2018-2027 (USD Billion)
TABLE 4. Global Hardware Wallet Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 5. Global Hardware Wallet Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 6. Global Hardware Wallet Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 7. Global Hardware Wallet Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global Hardware Wallet Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Hardware Wallet Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Hardware Wallet Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Hardware Wallet Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Hardware Wallet Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Hardware Wallet Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Hardware Wallet Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global Hardware Wallet Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. Global Hardware Wallet Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. Global Hardware Wallet Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 18. Global Hardware Wallet Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 19. Global Hardware Wallet Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 20. U.S. Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 21. U.S. Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 22. U.S. Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 23. Canada Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 24. Canada Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 25. Canada Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 26. UK Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 27. UK Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. UK Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 29. Germany Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 30. Germany Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. Germany Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 32. France Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 33. France Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. France Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 35. Spain Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 36. Spain Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. Spain Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 38. Italy Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 39. Italy Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. Italy Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 41. ROE Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 42. ROE Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. ROE Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 44. China Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 45. China Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. China Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 47. India Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 48. India Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. India Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 50. Japan Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 51. Japan Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. Japan Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 53. Australia Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 54. Australia Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. Australia Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 56. South Korea Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 57. South Korea Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 58. South Korea Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 59. ROPAC Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 60. ROPAC Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 61. ROPAC Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 62. Brazil Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 63. Brazil Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 64. Brazil Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 65. Mexico Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 66. Mexico Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 67. Mexico Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 68. ROLA Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 69. ROLA Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 70. ROLA Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 71. ROW Hardware Wallet Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 72. ROW Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 73. ROW Hardware Wallet Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 74. List of secondary sources used in the study of global Hardware Wallet Market.
TABLE 75. List of primary sources used in the study of global Hardware Wallet Market.
TABLE 76. Years considered for the study.
TABLE 77. Exchange rates considered.
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