The Europe Blockchain Devices Market should witness market growth of 37.8% CAGR during the forecast period (2022-2028).
The major market participants are also placing more and more emphasis on creating and releasing sophisticated blockchain devices with improved capabilities that provide superior features in the market. As a result, the market for blockchain devices is anticipated to increase rapidly over the next few years due to the quick uptake of these recently released cutting-edge blockchain devices.
Also, market participants strongly emphasize bringing wireless communication technology-based products, including wireless hardware wallets, to the market to provide users with greater convenience.
Since blockchain helps lower security concerns, eliminate fraud, and deliver transparency in a scalable method, it is an exceptionally groundbreaking and promising technology. Blockchain technology gained notoriety through its connection to cryptocurrencies and NFTs; it has subsequently developed into an industry-wide management solution. The usage of blockchain extends beyond financial transactions. Technology is adaptable to needs beyond one area of expertise since it is secure and transparent. The advantages of blockchain are being used daily by sectors including energy, logistics, education, and more.
Europe has seen a boom in the use of cryptocurrencies in recent years, with Switzerland, Germany, and the Netherlands setting the bar. The early acceptance of cryptocurrencies has been facilitated by the high degree of technological development in these nations. In these nations, many shops and companies are also accepting cryptocurrency payments. The region may even see higher adoption of these technologies throughout the region as more individuals and companies become aware of the advantages of cryptocurrencies and as regulatory clarity increases. Considering this, the market participants in the blockchain device market are anticipated to see growth possibilities in Europe.
The Germany market dominated the Europe Blockchain Devices Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $250.5 million by 2028. The UK market is registering a CAGR of 36.7% during (2022-2028). Additionally, The France market would showcase a CAGR of 38.9% during (2022-2028).
Based on Connectivity, the market is segmented into Wired and Wireless. Based on Component, the market is segmented into Hardware Wallets, Crypto ATMs, Blockchain Smartphones, PoS Devices, Blockchain IoT Gateways, and Others. Based on End-user, the market is segmented into Consumer, Travel & Hospitality, Automotive, IT & Telecommunication, BFSI, Retail & E-commerce, Government, and Others. Based on Application, the market is segmented into Corporate and Personal. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd. (Samsung Group), HTC Corporation, Infineon Technologies AG, Pundi X Labs Pte Ltd, Riddle & Code GmbH, Ledger SAS,GENERAL BYTES S.R.O., Satoshi LABS, Bitaccess, Inc., and AVADO AG.
The major market participants are also placing more and more emphasis on creating and releasing sophisticated blockchain devices with improved capabilities that provide superior features in the market. As a result, the market for blockchain devices is anticipated to increase rapidly over the next few years due to the quick uptake of these recently released cutting-edge blockchain devices.
Also, market participants strongly emphasize bringing wireless communication technology-based products, including wireless hardware wallets, to the market to provide users with greater convenience.
Since blockchain helps lower security concerns, eliminate fraud, and deliver transparency in a scalable method, it is an exceptionally groundbreaking and promising technology. Blockchain technology gained notoriety through its connection to cryptocurrencies and NFTs; it has subsequently developed into an industry-wide management solution. The usage of blockchain extends beyond financial transactions. Technology is adaptable to needs beyond one area of expertise since it is secure and transparent. The advantages of blockchain are being used daily by sectors including energy, logistics, education, and more.
Europe has seen a boom in the use of cryptocurrencies in recent years, with Switzerland, Germany, and the Netherlands setting the bar. The early acceptance of cryptocurrencies has been facilitated by the high degree of technological development in these nations. In these nations, many shops and companies are also accepting cryptocurrency payments. The region may even see higher adoption of these technologies throughout the region as more individuals and companies become aware of the advantages of cryptocurrencies and as regulatory clarity increases. Considering this, the market participants in the blockchain device market are anticipated to see growth possibilities in Europe.
The Germany market dominated the Europe Blockchain Devices Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $250.5 million by 2028. The UK market is registering a CAGR of 36.7% during (2022-2028). Additionally, The France market would showcase a CAGR of 38.9% during (2022-2028).
Based on Connectivity, the market is segmented into Wired and Wireless. Based on Component, the market is segmented into Hardware Wallets, Crypto ATMs, Blockchain Smartphones, PoS Devices, Blockchain IoT Gateways, and Others. Based on End-user, the market is segmented into Consumer, Travel & Hospitality, Automotive, IT & Telecommunication, BFSI, Retail & E-commerce, Government, and Others. Based on Application, the market is segmented into Corporate and Personal. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd. (Samsung Group), HTC Corporation, Infineon Technologies AG, Pundi X Labs Pte Ltd, Riddle & Code GmbH, Ledger SAS,GENERAL BYTES S.R.O., Satoshi LABS, Bitaccess, Inc., and AVADO AG.
Scope of the Study
By Connectivity
- Wired
- Wireless
By Component
- Hardware Wallets
- Crypto ATMs
- Blockchain Smartphones
- PoS Devices
- Blockchain IoT Gateways
- Others
By End-user
- Consumer
- Travel & Hospitality
- Automotive
- IT & Telecommunication
- BFSI
- Retail & E-commerce
- Government
- Others
By Application
- Corporate
- Personal
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Samsung Electronics Co., Ltd. (Samsung Group)
- HTC Corporation
- Infineon Technologies AG
- Pundi X Labs Pte Ltd
- Riddle & Code GmbH
- Ledger SAS
- GENERAL BYTES S.R.O.
- Satoshi LABS
- Bitaccess, Inc.
- AVADO AG
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Blockchain Devices Market, by Connectivity
1.4.2 Europe Blockchain Devices Market, by Component
1.4.3 Europe Blockchain Devices Market, by End User
1.4.4 Europe Blockchain Devices Market, by Application
1.4.5 Europe Blockchain Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Blockchain Devices Market by Connectivity
3.1 Europe Wired Market by Country
3.2 Europe Wireless Market by Country
Chapter 4. Europe Blockchain Devices Market by Component
4.1 Europe Hardware Wallets Market by Country
4.2 Europe Crypto ATMs Market by Country
4.3 Europe Blockchain Smartphones Market by Country
4.4 Europe PoS Devices Market by Country
4.5 Europe Blockchain IoT Gateways Market by Country
4.6 Europe Others Market by Country
Chapter 5. Europe Blockchain Devices Market by End User
5.1 Europe Consumer Market by Country
5.2 Europe Travel & Hospitality Market by Country
5.3 Europe Automotive Market by Country
5.4 Europe IT & Telecommunication Market by Country
5.5 Europe BFSI Market by Country
5.6 Europe Retail & E-commerce Market by Country
5.7 Europe Government Market by Country
5.8 Europe Other End User Market by Country
Chapter 6. Europe Blockchain Devices Market by Application
6.1 Europe Corporate Market by Country
6.2 Europe Personal Market by Country
Chapter 7. Europe Blockchain Devices Market by Country
7.1 Germany Blockchain Devices Market
7.1.1 Germany Blockchain Devices Market by Connectivity
7.1.2 Germany Blockchain Devices Market by Component
7.1.3 Germany Blockchain Devices Market by End User
7.1.4 Germany Blockchain Devices Market by Application
7.2 UK Blockchain Devices Market
7.2.1 UK Blockchain Devices Market by Connectivity
7.2.2 UK Blockchain Devices Market by Component
7.2.3 UK Blockchain Devices Market by End User
7.2.4 UK Blockchain Devices Market by Application
7.3 France Blockchain Devices Market
7.3.1 France Blockchain Devices Market by Connectivity
7.3.2 France Blockchain Devices Market by Component
7.3.3 France Blockchain Devices Market by End User
7.3.4 France Blockchain Devices Market by Application
7.4 Russia Blockchain Devices Market
7.4.1 Russia Blockchain Devices Market by Connectivity
7.4.2 Russia Blockchain Devices Market by Component
7.4.3 Russia Blockchain Devices Market by End User
7.4.4 Russia Blockchain Devices Market by Application
7.5 Spain Blockchain Devices Market
7.5.1 Spain Blockchain Devices Market by Connectivity
7.5.2 Spain Blockchain Devices Market by Component
7.5.3 Spain Blockchain Devices Market by End User
7.5.4 Spain Blockchain Devices Market by Application
7.6 Italy Blockchain Devices Market
7.6.1 Italy Blockchain Devices Market by Connectivity
7.6.2 Italy Blockchain Devices Market by Component
7.6.3 Italy Blockchain Devices Market by End User
7.6.4 Italy Blockchain Devices Market by Application
7.7 Rest of Europe Blockchain Devices Market
7.7.1 Rest of Europe Blockchain Devices Market by Connectivity
7.7.2 Rest of Europe Blockchain Devices Market by Component
7.7.3 Rest of Europe Blockchain Devices Market by End User
7.7.4 Rest of Europe Blockchain Devices Market by Application
Chapter 8. Company Profiles
8.1 Samsung Electronics Co., Ltd. (Samsung Group)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent Strategies and Development
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 HTC Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.3 Infineon Technologies AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.4 Pundi X Labs Pte Ltd
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.4.2.2 Product Launches and Product Expansions:
8.5 Riddle & Code GmbH
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.6 Ledger SAS
8.6.1 Company Overview
8.7 GENERAL BYTES S.R.O.
8.7.1 Company Overview
8.8 Satoshi LABS
8.8.1 Company Overview
8.9 Bitaccess, Inc.
8.9.1 Company Overview
8.10. AVADO AG
8.10.1 Company Overview
Companies Mentioned
- Samsung Electronics Co., Ltd. (Samsung Group)
- HTC Corporation
- Infineon Technologies AG
- Pundi X Labs Pte Ltd
- Riddle & Code GmbH
- Ledger SAS
- GENERAL BYTES S.R.O.
- Satoshi LABS
- Bitaccess, Inc.
- AVADO AG
Methodology
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