DUBLIN, Sept. 8, 2023 /PRNewswire/ — The “Blockchain Devices – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s providing.
The international Blockchain Devices market is poised for substantial progress, with a projected CAGR of 34.2% from 2022 to 2030. In 2022, the market was valued at roughly $1.4 billion, and it’s anticipated to achieve $14.4 billion by 2030. Several key elements are contributing to this progress:
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Crypto Hardware Wallets: The Crypto Hardware Wallets phase is predicted to play a pivotal position out there’s enlargement, with a projected CAGR of 33.8%. These {hardware} wallets are important for securely storing cryptocurrencies, that are gaining widespread adoption.
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Crypto ATMs: The Crypto ATMs phase can be anticipated to see vital progress, with a readjusted CAGR of 38%. Crypto ATMs present a handy approach for customers to purchase and promote cryptocurrencies, and their deployment is rising worldwide.
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U.S. Market: In 2022, the Blockchain Devices market in the United States was valued at roughly $412.9 million. China, the world’s second-largest economic system, is forecasted to expertise speedy progress with a projected market dimension of $2.3 billion by 2030, trailing a CAGR of 32.6%. Both nations are vital contributors to the worldwide market.
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Global Expansion: Other noteworthy geographic markets for blockchain gadgets embrace Japan and Canada, with forecasted CAGRs of 29.8% and 27.8%, respectively, from 2022 to 2030. Within Europe, Germany can be anticipated to develop at an approximate CAGR of 21%.
Key Competitors:
The Blockchain Devices market options a number of key gamers, together with:
These rivals are actively contributing to the expansion and improvement of the blockchain gadgets market globally. The rising adoption of cryptocurrencies, the necessity for safe storage options, and the rising variety of crypto ATMs are key drivers fueling the market’s enlargement. Blockchain gadgets have gotten more and more important within the quickly evolving digital economic system.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
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Influencer Market Insights
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World Market Trajectories
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Impact of Covid-19 and a Looming Global Recession
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Blockchain Devices – Global Key Competitors Percentage Market Share in 2022 (E)
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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 extra details about this report go to https://www.researchandmarkets.com/r/bc1fmj
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View authentic content material:https://www.prnewswire.com/news-releases/us-and-china-spearhead-global-blockchain-devices-market-crypto-hardware-wallets-segment-at-33-8-cagr-secure-cryptocurrency-storage-drives-market-expansion-301921921.html
SOURCE Research and Markets
