The North America Blockchain Devices Market should witness market growth of 36.2% CAGR during the forecast period (2022-2028).
Blockchain is a distributed ledger technology that can be used to maintain an unchangeable record of ownership and facilitate asset transfer between parties with different levels of trust. It provides a type of public, decentralized digital record of all transactions. The expansion of venture capitalists' investments in businesses with a blockchain focus will aid in the future development of blockchain technology. A start-up or fledgling company may benefit from venture capital investment as a source of advice and consulting. Managing finances and human resources, among other business issues, can benefit from this.
High-speed transactions, improved security, and privacy are all features of the decentralized blockchain technology. The term 'blockchain devices'refers to tools that support blockchain technology. These devices guarantee stronger security encryption in various applications, including the transfer of sensitive information, data exchange, and financial transactions.
Throughout the past several years, the United States has been home to numerous blockchain development initiatives that have helped the market grow. Also, this region is home to many small, medium-sized, and technology-based firms, which has led to the development and widespread use of BaaS solutions there. Furthermore, integrating BaaS solutions with essential public services is expanding quickly, which is anticipated to open up new development potential for the local BaaS industry in the next few years. A cloud-based architecture called BaaS allows companies in this area to build and manage their blockchain applications. Throughout the projected period, these variables are expected to boost regional market expansion.
The US market dominated the North America Blockchain Devices Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,198.6 million by 2028. The Canada market is showcasing a CAGR of 39.3% during (2022-2028). Additionally, The Mexico market would register a CAGR of 38.1% 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 U.S., Mexico, Canada, and Rest of North America.
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.
Blockchain is a distributed ledger technology that can be used to maintain an unchangeable record of ownership and facilitate asset transfer between parties with different levels of trust. It provides a type of public, decentralized digital record of all transactions. The expansion of venture capitalists' investments in businesses with a blockchain focus will aid in the future development of blockchain technology. A start-up or fledgling company may benefit from venture capital investment as a source of advice and consulting. Managing finances and human resources, among other business issues, can benefit from this.
High-speed transactions, improved security, and privacy are all features of the decentralized blockchain technology. The term 'blockchain devices'refers to tools that support blockchain technology. These devices guarantee stronger security encryption in various applications, including the transfer of sensitive information, data exchange, and financial transactions.
Throughout the past several years, the United States has been home to numerous blockchain development initiatives that have helped the market grow. Also, this region is home to many small, medium-sized, and technology-based firms, which has led to the development and widespread use of BaaS solutions there. Furthermore, integrating BaaS solutions with essential public services is expanding quickly, which is anticipated to open up new development potential for the local BaaS industry in the next few years. A cloud-based architecture called BaaS allows companies in this area to build and manage their blockchain applications. Throughout the projected period, these variables are expected to boost regional market expansion.
The US market dominated the North America Blockchain Devices Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,198.6 million by 2028. The Canada market is showcasing a CAGR of 39.3% during (2022-2028). Additionally, The Mexico market would register a CAGR of 38.1% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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 North America Blockchain Devices Market, by Connectivity
1.4.2 North America Blockchain Devices Market, by Component
1.4.3 North America Blockchain Devices Market, by End User
1.4.4 North America Blockchain Devices Market, by Application
1.4.5 North America 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. North America Blockchain Devices Market by Connectivity
3.1 North America Wired Market by Country
3.2 North America Wireless Market by Country
Chapter 4. North America Blockchain Devices Market by Component
4.1 North America Hardware Wallets Market by Country
4.2 North America Crypto ATMs Market by Country
4.3 North America Blockchain Smartphones Market by Country
4.4 North America PoS Devices Market by Country
4.5 North America Blockchain IoT Gateways Market by Country
4.6 North America Others Market by Country
Chapter 5. North America Blockchain Devices Market by End User
5.1 North America Consumer Market by Country
5.2 North America Travel & Hospitality Market by Country
5.3 North America Automotive Market by Country
5.4 North America IT & Telecommunication Market by Country
5.5 North America BFSI Market by Country
5.6 North America Retail & E-commerce Market by Country
5.7 North America Government Market by Country
5.8 North America Other End User Market by Country
Chapter 6. North America Blockchain Devices Market by Application
6.1 North America Corporate Market by Country
6.2 North America Personal Market by Country
Chapter 7. North America Blockchain Devices Market by Country
7.1 US Blockchain Devices Market
7.1.1 US Blockchain Devices Market by Connectivity
7.1.2 US Blockchain Devices Market by Component
7.1.3 US Blockchain Devices Market by End User
7.1.4 US Blockchain Devices Market by Application
7.2 Canada Blockchain Devices Market
7.2.1 Canada Blockchain Devices Market by Connectivity
7.2.2 Canada Blockchain Devices Market by Component
7.2.3 Canada Blockchain Devices Market by End User
7.2.4 Canada Blockchain Devices Market by Application
7.3 Mexico Blockchain Devices Market
7.3.1 Mexico Blockchain Devices Market by Connectivity
7.3.2 Mexico Blockchain Devices Market by Component
7.3.3 Mexico Blockchain Devices Market by End User
7.3.4 Mexico Blockchain Devices Market by Application
7.4 Rest of North America Blockchain Devices Market
7.4.1 Rest of North America Blockchain Devices Market by Connectivity
7.4.2 Rest of North America Blockchain Devices Market by Component
7.4.3 Rest of North America Blockchain Devices Market by End User
7.4.4 Rest of North America 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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