Blockchain Devices Market is forecasted to value over USD 2.1 billion by 2028 end and register a CAGR of 42.4% from the forecast period 2021-2028.
Blockchain technology has garnered a lot of reception in recent years owing to the advent of cryptocurrency and the other tech-oriented sectors initiating to implement this new yet potent technology. Cryptocurrencies like Bitcoin and Ethereum have provided the market an alternative to conventional monetary systems which has the potential to create a parallel economy across the world considering how widespread the internet services are global. Furthermore, the introduction of federated blockchain can be influential in changing the face of sectors like supply chain management, organizational records security, etc. With many tech giants inculcating the Blockchain as a Service (BaaS) feature shall boost the implementation of blockchain technology over the next few years.
The evaluation of the Blockchain Devices Market is performed based on factors, like for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, the revenue, financial, and opportunity analysis of market players. The Blockchain Devices Market is also analyzed based on the regional segmentation, product type or technique, end-user spectrum, etc. This research will be conducted with the implementation of the latest market research methodologies which shall help organizations comprehend the overall market scenario and strategize accordingly.
Major players included in the Blockchain Devices Market:
- Ledger SAS
- Pundi X
- General Bytes R.O.
- Riddle&Code
- Avado
- Covault
- Sirin Labs
- Blockchain Luxembourg S.A
- Satoshilabs S.R.O.
- Genesis Coin Inc.
- Lamassu Industries AG
- Ellipal Limited
- Samsung Electronics
- Shapeshift
- Coolbitx
(Note: The list of the major players will be updated with the latest market scenario and trends)
Blockchain Devices Market Segmentation:
By Type
- Blockchain Smartphones
- Crypto Hardware Wallets
- Crypto ATMS
- One-Way Crypto ATMS
- Two-Way Crypto ATMS
- POS Devices
- Others
By Connectivity
- Wired
- Wireless
By Application
- Personal
- Corporate
- BFSI
- Government
- Retail & E-Commerce
- Travel & Hospitality
- Automotive
- Transportation & Logistics
- It & Telecommunication
- Others
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Blockchain Devices Market Competitive Analysis:
- Tier-1 Players
- Tier-2 Players
- Emerging Players
- New Entrants
Future Market Analytics Focus Points:
- SWOT Analysis
- Key Market Trends
- Key Data -Points Affecting Market Growth
- Revenue and Forecast Analysis
- Growth Opportunities For New Entrants and Emerging Players
- Key Player and Market Growth Matrix
Objectives of the Study:
- To provide a comprehensive analysis on the Blockchain Devices Market by type, by connectivity, by application and by region
- To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
- To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
- To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players
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