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Report Description

Report Description

Global hardware wallet market stood at USD198.84 million in 2020 and is forecast to grow at a CAGR of over 10.12% by 2026 due to the rising demand for safety and security for storing various cryptocurrencies for the future investments. This growth is on the account of the increasing need for security and transparency along with the rising demand for the usage of cryptocurrencies in emerging countries across the world in the forecast years.

Global hardware wallet market can be segmented into connection type, distribution channel, end-user and region. On the basis of connection type, the global hardware wallet market can be divided as Near Field Communication, USB and Bluetooth, where the Near Field Communication segment accounted for the market share of 46.7% in 2020 due to its convenience and versability during any transfer processes. In terms of distribution channel, the global hardware wallet market is segmented into Online and Offline where the market share of the online segment is 52.17% due to its ease of delivery over a long distance while saving time.

The global hardware wallet market on the basis of end-user can diverge into Capital Market, BFSI (Excluding Capital Market), Real Estate, Mobile, Enterprise etc. The capital market sector has a market share of 49.14% which in turn is expected to enhance the market growth over the forecast period. This growth is due to the proliferation in the market investments with the generation of significant revenue in the market.

Major players leading in global hardware wallet market are Ledger SAS, SatoshiLabs SRO, CoolBitX Technology Ltd., Shift Crypto AG, BitLox Limited, Coinkite Inc, KeepKey LLC, Penta Security Systems Inc., Sunmi Technology Co. Ltd, Ellipal Limited, etc. The companies operating in the market are focusing on higher security wallets, in-house manufacturing and expansion of sources to increase their shares in the market. Companies supplying hardware wallets are experiencing an exponential upsurge in the hardware wallet demands. With increasing number of people owning multiple cryptocurrencies, the demand for wallets is also increasing for the security and safe transaction processes.

The largest contributor to the global hardware wallet market is the North America region with a market share of 36.71% in 2020 owing to its legalization policies of cryptocurrencies. United States (US) is the largest contributing country in the region with 53.6% market share, followed by Canada and Mexico. South America and Middle East & Africa regions are growing at the highest rate due to increasing digitization and technological advancements with the launches of new in-house cryptocurrencies in the regions. The swiftly expanding demand for cryptocurrency during the pandemic has swayed the market for the hardware wallets constructively. Cryptocurrencies such as bitcoin are progressively making a transition from uncertain investment tools to payments. Specific awareness to payment habits and the financial life cycle has evolved as the COVID-19 pandemic has led to more calls for dematerialization of payments.

Years Considered for this Report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022-2026

Objective of the Study:

·         To analyze and forecast the market size of Global Hardware Wallet Market.

·         To classify and forecast Global Hardware Wallet Market based on connection type, distribution channel, end-user, company and regional distribution.

·         To analyze and forecast the market size, in terms of connection type which are Near Field Communication, USB and Bluetooth.

·         To analyze and forecast the market size, in terms of distribution channel which Online and Offline.

·         To analyze and forecast the market size, in terms of End-user which are Capital Market, BFSI (Excluding Capital Market), Real Estate and Others (Mobile, Enterprise, etc.).

·         To categorize and forecast Global Hardware Wallet Market by region such as North America, Europe, Asia-Pacific, South America and Middle East & Africa.

·         To identify major drivers & challenges for Global Hardware Wallet Market.

·         To identify major trends in Global Hardware Wallet Market.

·         To examine competitive developments such as expansions, new product developments, mergers & acquisitions, etc., in Global Hardware Wallet Market.

·         To conduct pricing analysis for Global Hardware Wallet Market.

·         To identify and analyze the profile of companies operating in Global Hardware Wallet Market.


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To analyze and forecast Global Hardware Wallet Market top-down approach has been used. Multiple employees from the leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in Global Hardware Wallet Market was also undertaken. Moreover, a detailed and in-depth scrutiny of information was done to understand each policy and external or internal factor which could increase or decrease the demand for Hardware Wallet, globally. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future plans of major players were studied and projects which have commissioned in the country were identified.

Various secondary sources such as white papers and secondary literature on Hardware Wallet, annual reports, investor presentation, International Monetary Fund and World Bank were also studied by TechSci Research.

Key Target Audience:

  • Hardware Wallet manufacturers, distributors and other stakeholders
  • Maintenance & repair companies.
  • Organizations, forums and alliances related to Global Hardware Wallet Market
  • Government bodies such as regulating authorities and policy makers.
  • Market research and consulting firms.

The study is essential in delivering useful information to industry stakeholders such as manufacturing companies, assembling companies, distributors and End-Users related to Global Hardware Wallet Market. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities in specific market segments and geographies.

Report Scope:

In this report, Global Hardware Wallet Market has been segmented into the following categories in addition to the industry trends which have also been listed below:

·         Global Hardware Wallet Market, by Connection Type:

o    Near Field Communication

o    USB

o    Bluetooth

·         Global Hardware Wallet Market, by Distribution Channel:

o    Online

o    Offline

·         Global Hardware Wallet Market, by End-User:

o    Capital Market

o    BFSI (Excluding Capital Market)

o    Real Estate

o    Others (Mobile, Enterprise, etc.)

·         Global Hardware Wallet Market, by Region:

    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • United Kingdom
      • France
      • Russia
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • UAE
      • Saudi Arabia
      • South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Hardware Wallet Market.

Voice of Customer: Brand awareness, factors influencing purchase decision, threats to consider while buying and selection of supplier are the major factors affecting decision related to Global Hardware Wallet Market for numerous users.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).
Table of content

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Hardware Wallet Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Awareness

5.2.  Factors Influencing Purchase Decision

5.3.  Threats to Consider while Buying

5.4.  Selection of Supplier

6.    Global Hardware Wallet Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Connection Type (Near Field Communication, USB and Bluetooth)

6.2.2.    By Distribution Channel (Online and Offline)

6.2.3.    By End-User (Capital Market, BFSI (Excluding Capital Market), Real Estate and Others)

6.2.4.    By Region (Asia-Pacific, North America, Europe, South America and Middle East & Africa)

6.2.5.    By Company, 2020

6.3.  Product Market Map

7.    North America Hardware Wallet Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Connection Type (Near Field Communication, USB and Bluetooth)

7.2.2.    By Distribution Channel (Online and Offline)

7.2.3.    By End-User (Capital Market, BFSI (Excluding Capital Market), Real Estate and Others)

7.2.4.    By Country

7.3.  Product Market Map

7.4.  North America Hardware Wallet Market Regional Analysis

7.4.1.    United States Hardware Wallet Market Outlook

7.4.1.1.        Market Size & Forecast

7.4.1.1.1.            By Value

7.4.1.2.        Market Share & Forecast

7.4.1.2.1.            By Connection Type

7.4.1.2.2.            By Distribution Channel

7.4.1.2.3.            By End-User

7.4.2.    Canada Hardware Wallet Market Outlook

7.4.2.1.        Market Size & Forecast

7.4.2.1.1.            By Value

7.4.2.2.        Market Share & Forecast

7.4.2.2.1.            By Connection Type

7.4.2.2.2.            By Distribution Channel

7.4.2.2.3.            By End-User

7.4.3.    Mexico Hardware Wallet Market Outlook

7.4.3.1.        Market Size & Forecast

7.4.3.1.1.            By Value

7.4.3.2.        Market Share & Forecast

7.4.3.2.1.            By Connection Type

7.4.3.2.2.            By Distribution Channel

7.4.3.2.3.            By End-User

8.    Europe Hardware Wallet Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Connection Type (Near Field Communication, USB and Bluetooth)

8.2.2.    By Distribution Channel (Online and Offline)

8.2.3.    By End-User (Capital Market, BFSI (Excluding Capital Market), Real Estate and Others)

8.2.4.    By Country

8.3.  Product Market Map

8.4.  Europe Hardware Wallet Market Regional Analysis

8.4.1.    Germany Hardware Wallet Market Outlook

8.4.1.1.        Market Size & Forecast

8.4.1.1.1.            By Value

8.4.1.2.        Market Share & Forecast

8.4.1.2.1.            By Connection Type

8.4.1.2.2.            By Distribution Channel

8.4.1.2.3.            By End-User

8.4.2.    United Kingdom Hardware Wallet Market Outlook

8.4.2.1.        Market Size & Forecast

8.4.2.1.1.            By Value

8.4.2.2.        Market Share & Forecast

8.4.2.2.1.            By Connection Type

8.4.2.2.2.            By Distribution Channel

8.4.2.2.3.            By End-User

8.4.3.    France Hardware Wallet Market Outlook

8.4.3.1.        Market Size & Forecast

8.4.3.1.1.            By Value

8.4.3.2.        Market Share & Forecast

8.4.3.2.1.            By Connection Type

8.4.3.2.2.            By Distribution Channel

8.4.3.2.3.            By End-User

8.4.4.    Russia Hardware Wallet Market Outlook

8.4.4.1.        Market Size & Forecast

8.4.4.1.1.            By Value

8.4.4.2.        Market Share & Forecast

8.4.4.2.1.            By Connection Type

8.4.4.2.2.            By Distribution Channel

8.4.4.2.3.            By End-User

8.4.5.    Spain Hardware Wallet Market Outlook

8.4.5.1.        Market Size & Forecast

8.4.5.1.1.            By Value

8.4.5.2.        Market Share & Forecast

8.4.5.2.1.            By Connection Type

8.4.5.2.2.            By Distribution Channel

8.4.5.2.3.            By End-User

9.    Asia-Pacific Hardware Wallet Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Connection Type (Near Field Communication, USB and Bluetooth)

9.2.2.    By Distribution Channel (Online and Offline)

9.2.3.    By End-User (Capital Market, BFSI (Excluding Capital Market), Real Estate and Others)

9.2.4.    By Country

9.3.  Product Market Map

9.4.  Asia-Pacific Hardware Wallet Market Regional Analysis

9.4.1.    China Hardware Wallet Market Outlook

9.4.1.1.        Market Size & Forecast

9.4.1.1.1.            By Value

9.4.1.2.        Market Share & Forecast

9.4.1.2.1.            By Connection Type

9.4.1.2.2.            By Distribution Channel

9.4.1.2.3.            By End-User

9.4.2.    Japan Hardware Wallet Market Outlook

9.4.2.1.        Market Size & Forecast

9.4.2.1.1.            By Value

9.4.2.2.        Market Share & Forecast

9.4.2.2.1.            By Connection Type

9.4.2.2.2.            By Distribution Channel

9.4.2.2.3.            By End-User

9.4.3.     India Hardware Wallet Market Outlook

9.4.3.1.        Market Size & Forecast

9.4.3.1.1.            By Value

9.4.3.2.        Market Share & Forecast

9.4.3.2.1.            By Connection Type

9.4.3.2.2.            By Distribution Channel

9.4.3.2.3.            By End-User

9.4.4.    South Korea Hardware Wallet Market Outlook

9.4.4.1.        Market Size & Forecast

9.4.4.1.1.            By Value

9.4.4.2.        Market Share & Forecast

9.4.4.2.1.            By Connection Type

9.4.4.2.2.            By Distribution Channel

9.4.4.2.3.            By End-User

9.4.5.    Australia Hardware Wallet Market Outlook

9.4.5.1.        Market Size & Forecast

9.4.5.1.1.            By Value

9.4.5.2.        Market Share & Forecast

9.4.5.2.1.            By Connection Type

9.4.5.2.2.            By Distribution Channel

9.4.5.2.3.            By End-User

10.  South America Hardware Wallet Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1.  By Connection Type (Near Field Communication, USB and Bluetooth)

10.2.2.  By Distribution Channel (Online and Offline)

10.2.3.  By End-User (Capital Market, BFSI (Excluding Capital Market), Real Estate and Others)

10.2.4.  By Country

10.3.             Product Market Map

10.4.             South America Hardware Wallet Market Regional Analysis

10.4.1. Brazil Hardware Wallet Market Outlook

10.4.1.1.     Market Size & Forecast

10.4.1.1.1.         By Value

10.4.1.2.     Market Share & Forecast

10.4.1.2.1.         By Connection Type

10.4.1.2.2.         By Distribution Channel

10.4.1.2.3.         By End-User

10.4.2. Argentina Hardware Wallet Market Outlook

10.4.2.1.     Market Size & Forecast

10.4.2.1.1.         By Value

10.4.2.2.     Market Share & Forecast

10.4.2.2.1.         By Connection Type

10.4.2.2.2.         By Distribution Channel

10.4.2.2.3.         By End-User

10.4.3. Colombia Hardware Wallet Market Outlook

10.4.3.1.     Market Size & Forecast

10.4.3.1.1.         By Value

10.4.3.2.     Market Share & Forecast

10.4.3.2.1.         By Connection Type

10.4.3.2.2.         By Distribution Channel

10.4.3.2.3.         By End-User

11.  Middle East & Africa Hardware Wallet Market Outlook

11.1.             Market Size & Forecast

11.1.1. By Value

11.2.             Market Share & Forecast

11.2.1.  By Connection Type (Near Field Communication, USB and Bluetooth)

11.2.2.  By Distribution Channel (Online and Offline)

11.2.3.  By End-User (Capital Market, BFSI (Excluding Capital Market), Real Estate and Others)

11.2.4.  By Country

11.3.             Product Market Map

11.4.             Middle East & Africa Hardware Wallet Market Regional Analysis

11.4.1. UAE Hardware Wallet Market Outlook

11.4.1.1.     Market Size & Forecast

11.4.1.1.1.         By Value

11.4.1.2.     Market Share & Forecast

11.4.1.2.1.         By Connection Type

11.4.1.2.2.         By Distribution Channel

11.4.1.2.3.         By End-User

11.4.2. Saudi Arabia Hardware Wallet Market Outlook

11.4.2.1.     Market Size & Forecast

11.4.2.1.1.         By Value

11.4.2.2.     Market Share & Forecast

11.4.2.2.1.         By Connection Type

11.4.2.2.2.         By Distribution Channel

11.4.2.2.3.         By End-User

11.4.3. South Africa Hardware Wallet Market Outlook

11.4.3.1.     Market Size & Forecast

11.4.3.1.1.         By Value

11.4.3.2.     Market Share & Forecast

11.4.3.2.1.         By Connection Type

11.4.3.2.2.         By Distribution Channel

11.4.3.2.3.         By End-User

12.  Market Dynamics

12.1.             Drivers

12.2.             Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.             Ledger SAS

14.2.             Satoshi Labs SRO

14.3.             CoolBitX Technology Ltd.

14.4.             Shift Crypto AG

14.5.             BitLox Limited

14.6.             Coinkite Inc.

14.7.             KeepKey LLC

14.8.             Penta Security Systems Inc.

14.9.             Sunmi Technology Co. Ltd

14.10.           Ellipal Limited

15.  Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Figure 1:             Global Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 2:             Global Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 3:             Global Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 4:             Global Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 5:             Global Hardware Wallet Market Share, By Region, By Value, 2016-2026F

Figure 6:             Global Hardware Wallet Market Share, By Company, By Value, 2020

Figure 7:             North America Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 8:             North America Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 9:             North America Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 10:          North America Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 11:          North America Hardware Wallet Market Share, By Country, By Value, 2016-2026F

Figure 12:          United States Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 13:          United States Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 14:          United States Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 15:          United States Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 16:          Canada Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 17:          Canada Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 18:          Canada Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 19:          Canada Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 20:          Mexico Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 21:          Mexico Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 22:          Mexico Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 23:          Mexico Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 24:          Europe Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 25:          Europe Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 26:          Europe Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 27:          Europe Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 28:          Europe Hardware Wallet Market Share, By Country, By Value, 2016-2026F

Figure 29:          Germany Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 30:          Germany Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 31:          Germany Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 32:          Germany Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 33:          United Kingdom Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 34:          United Kingdom Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 35:          United Kingdom Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 36:          United Kingdom Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 37:          France Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 38:          France Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 39:          France Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 40:          France Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 41:          Russia Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 42:          Russia Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 43:          Russia Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 44:          Russia Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 45:          Spain Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 46:          Spain Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 47:          Spain Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 48:          Spain Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 49:          Asia-Pacific Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 50:          Asia-Pacific Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 51:          Asia-Pacific Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 52:          Asia-Pacific Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 53:          Asia-Pacific Hardware Wallet Market Share, By Country, By Value, 2016-2026F

Figure 54:          China Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 55:          China Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 56:          China Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 57:          China Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 58:          India Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 59:          India Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 60:          India Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 61:          India Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 62:          Japan Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 63:          Japan Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 64:          Japan Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 65:          Japan Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 66:          South Korea Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 67:          South Korea Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 68:          South Korea Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 69:          South Korea Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 70:          Australia Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 71:          Australia Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 72:          Australia Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 73:          Australia Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 74:          Middle East & Africa Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 75:          Middle East & Africa Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 76:          Middle East & Africa Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 77:          Middle East & Africa Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 78:          Middle East & Africa Hardware Wallet Market Share, By Country, By Value, 2016-2026F

Figure 79:          UAE Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 80:          UAE Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 81:          UAE Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 82:          UAE Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 83:          Saudi Arabia Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 84:          Saudi Arabia Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 85:          Saudi Arabia Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 86:          Saudi Arabia Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 87:          South Africa Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 88:          South Africa Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 89:          South Africa Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 90:          South Africa Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 91:          South America Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 92:          South America Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 93:          South America Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 94:          South America Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 95:          South America Hardware Wallet Market Share, By Country, By Value, 2016-2026F

Figure 96:          Brazil Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 97:          Brazil Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 98:          Brazil Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 99:          Brazil Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 100:        Argentina Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 101:        Argentina Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 102:        Argentina Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 103:        Argentina Hardware Wallet Market Share, By End-User, By Value, 2016-2026F

Figure 104:        Colombia Hardware Wallet Market Size, By Value, 2016-2026F (USD Million)

Figure 105:        Colombia Hardware Wallet Market Share, By Connection Type, By Value, 2016-2026F

Figure 106:        Colombia Hardware Wallet Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 107:        Colombia Hardware Wallet Market Share, By End-User, By Value, 2016-2026F
Frequently asked questions

Frequently asked questions

The Global Hardware Wallet Market stood at USD198.84 million in the year 2020 and is expected to reach USD359.84 million by 2026 owing to the increasing demand for cryptocurrency. Hardware wallets help in storing the private keys for cryptocurrency which are required while spending them in an encrypted device and thus enhancing the safety of the users.

Near Field Communication (NFC) is expected to register the maximum growth rate in the forecast period primarily because it offers a storage facility which allows flexible usage of cryptocurrency and enables consumers to use cryptocurrency as the normal mode of payment by connecting it with mobile applications.

North America is expected to dominate the Global Hardware Wallet Market due to growing adoption of cryptocurrency in the region and the increasing digital and cashless economy trend.

Ledger SAS, Satoshi Labs SRO, CoolBitX Technology Ltd., Shift Crypto AG, BitLox Ltd. are some of the key players operating in the Global Hardware Wallet Market.

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