DUBLIN–(BUSINESS WIRE)–The “Blockchain Devices: Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.
The global market for Blockchain Devices estimated at US$648 Million in the year 2020, is projected to reach a revised size of US$5.6 Billion by 2027, growing at a CAGR of 35.9% over the analysis period 2020-2027.
Crypto Hardware Wallets, one of the segments analyzed in the report, is projected to record a 35.7% CAGR and reach US$3.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Crypto ATMs segment is readjusted to a revised 39.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $195.3 Million, While China is Forecast to Grow at 34.8% CAGR
The Blockchain Devices market in the U.S. is estimated at US$195.3 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$938.3 Million by the year 2027 trailing a CAGR of 34.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 32.6% and 30.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 25.2% CAGR.
Blockchain Smartphones Segment to Record 32.5% CAGR
In the global Blockchain Smartphones segment, USA, Canada, Japan, China and Europe will drive the 32.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$24.2 Million in the year 2020 will reach a projected size of US$172.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
Select Competitors (Total 32 Featured) –
- Avado
- Bitaccess
- Blockchain Luxembourg S.A
- Coolbitx
- Covault
- Ellipal Limited
- Filament
- General Bytes R.O.
- Genesis Coin Inc.
- HTC
What’s New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Blockchain Devices – Global Key Competitors Percentage Market Share in 2022 (E)
- 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 more information about this report visit https://www.researchandmarkets.com/r/rtmvxu.
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Source: https://thenewscrypto.com/the-worldwide-blockchain-devices-industry-is-projected-to-reach-5-6-billion-by-2027-researchandmarkets-com/