Global Cryptocurrency Hardware Wallet Market 2019 by Company, Regions, Type and Application, Forecast to 2024 - MarketResearchNest.com

Global Cryptocurrency Hardware Wallet Market 2019 by Company, Regions, Type and Application, Forecast to 2024

Description :
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. ...

Publish Date : 12-Feb-2019

No.Of Pages : 119

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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.

Scope of the Report:
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.
The global Cryptocurrency Hardware Wallet market is valued at 100 million USD in 2018 and is expected to reach 8690 million USD by the end of 2024, growing at a CAGR of 111.6% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Cryptocurrency Hardware Wallet.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Cryptocurrency Hardware Wallet market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Cryptocurrency Hardware Wallet market by product type and applications/end industries.

Market Segment by Companies, this report covers
Ledger
Trezor
KeepKey
Digital BitBox
Coinkite
BitLox
CoolWallet
CryoBit

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
USB Connectivity Type
Bluetooth Connectivity Type
NFC Connectivity
Others

Market Segment by Applications, can be divided into
Individual
Professionals

SECONDARY RESEARCH

Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH

Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING

The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION

The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION

After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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