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Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography - Global Forecast to 2024

  • ID: 4841785
  • Report
  • Region: Global
  • 116 Pages
  • Markets and Markets
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The Blockchain Devices Market is Projected to Grow from USD 218 Million in 2019 to USD 1,285 Million by 2024, at a CAGR of 42.5% from 2019 to 2024.

FEATURED COMPANIES

  • Avado
  • Coolbitx
  • Filament
  • HTC
  • Pundi X
  • Satoshilabs S.R.O.
  • MORE

Blockchain devices market to grow at CAGR of 42.5% from 2019 to 2024

Some of the major growth drivers for this market include increasing adoption of blockchain technology in retail & supply chain management, rising venture capital funding, and growing market cap for cryptocurrency and Initial Coin Offering (ICO). One of the key opportunities for the market is the increasing acceptance of cryptocurrency across various industries and regions. Whereas, major factors restraining the market growth include uncertain regulations & compliances and lack of awareness.

Crypto hardware wallets segment to hold the largest share of blockchain devices market during the forecast period

Crypto hardware wallets are among the most secure methods of storing cryptocurrencies. They contain a range of security features to protect digital currency keys. These wallets allow traders to store the keys safely and also protect the information from malware. Crypto hardware wallets are protected using PINs. They also include other security features such as a screen for viewing transaction details and buttons to verify the transactions manually. Companies such as Ledger (France), Cylance (US), Blockchain Luxembourg S.A. (UK), and KASSE (US) are among the frontrunners in the development of crypto hardware wallets for the blockchain devices market.

Among the applications, the market for corporate to hold the largest share of Blockchain devices market from 2019 to 2024

Devices such as crypto ATMs, PoS devices, crypto hardware wallets, etc. are majorly used by corporate users to access blockchain from their systems. PoS devices are used in the retail industry to carry out payments while other devices such as crypto ATMs, crypto hardware wallets, and blockchain gateways are used in different industry verticals such as BFSI, government, retail & e-commerce, travel & hospitality, automotive, transportation & logistics, IT & telecommunication, etc. to make their existing networks blockchain-enabled. Several traders use crypto hardware wallets to store their private keys, carry out payments, save smart contracts, and share data.

The Blockchain Devices market in APAC to grow at the highest CAGR during the forecast period.

APAC is expected to be the largest blockchain devices market during the forecast period. This market is divided further into China, Japan, South Korea, India, Singapore, and the Rest of APAC. The Rest of APAC includes Malaysia, Thailand, Australia, and New Zealand. China is the largest market among all APAC countries. China, Japan, South Korea, and Singapore are witnessing growth in the blockchain devices and its start-ups. Various major industry such as BFSI, government, retail industries in this region is rapidly deploying blockchain devices in their networks.

Breakdown of primary participants’ profile:

  • By Company Type: Tier 1 = 30%, Tier 2 = 30%, and Tier 3 = 40%
  • By Designation: C-Level Executives = 45%, Directors = 30%, and Others = 25%
  • By Region: North America = 30%, Europe = 40%, APAC = 25%, and RoW = 5%

Ledger SAS (France), HTC Corporation (Taiwan), Pundi X Labs Private Limited (Singapore), Filament (US), GENERAL BYTES R.O. (Czech Republic), RIDDLE&CODE (Austria), AVADO (Switzerland), Sikur (US), SIRIN LABS (Switzerland), Blockchain Luxembourg S.A. (UK), SatoshiLabs (Czech Republic), Genesis Coin Inc. (US), and Lamassu Industries AG (Switzerland) are some of the major players in the blockchain devices market.

Research Coverage:

Type, connectivity, application, and geography are the segments covered in this report. It also gives a detailed view of the market across four main regions: North America, Europe, APAC, and RoW.

Reasons to Buy the Report:

  • This report includes statistics pertaining to the blockchain devices market in terms of type, connectivity, application, and region, along with their respective market sizes.
  • Major drivers, restraints, opportunities, and challenges for the blockchain devices market have been provided in detail in this report.
  • The report includes illustrative segmentation, analysis, and forecast for the blockchain devices market based on its segments and subsegments.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Avado
  • Coolbitx
  • Filament
  • HTC
  • Pundi X
  • Satoshilabs S.R.O.
  • MORE

1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary and Primary Research
2.1.1.1 Key Industry Insights
2.1.2 Secondary Data
2.1.2.1 List of Major Secondary Sources
2.1.2.2 Secondary Sources
2.1.3 Primary Data
2.1.3.1 Breakdown of Primaries
2.1.3.2 Primary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Market
4.2 Market, By Type
4.3 Wireless Blockchain Devices Market, By Type
4.4 Market in APAC, By Type and Country
4.5 Market, By Geography

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Faster Transaction
5.2.1.2 Increasing Adoption of Blockchain Technology in Retail &, Supply Chain Management
5.2.1.3 Increasing Venture Capital Funding
5.2.1.4 Growing Market Cap for Cryptocurrency and Initial Coin Offering (ICO)
5.2.2 Restraints
5.2.2.1 Uncertain Regulations and Compliances
5.2.2.2 Lack of Awareness
5.2.3 Opportunities
5.2.3.1 Increasing Acceptance of Cryptocurrency Across Various Industries as Well as Regions
5.2.3.2 Anticipated Adoption of Blockchain Devices for Payments, Smart Contracts, and Digital Identity
5.2.3.3 Increasing Number of Government Initiatives for Adopting Blockchain Technology and Devices
5.2.4 Challenges
5.2.4.1 Issues Related to Security, Privacy, and Control
5.3 Types of Blockchain
5.3.1 Public Blockchain
5.3.2 Private Blockchain
5.3.3 Hybrid Blockchain
5.4 Blockchain Associations and Consortiums
5.4.1 Enterprise Ethereum Alliance
5.4.2 CLS Group
5.4.3 R3ce V Blockchain Consortium
5.4.4 Hyperledger
5.4.5 Global Payments Steering Group (GPSG)
5.4.6 Financial Blockchain Shenzhen Consortium (FBSC)
5.4.7 Culedger
5.4.8 Blockchain Collaborative Consortium (BCCC)
5.4.9 Global Blockchain Business Council
5.4.10 Wall Street Blockchain Alliance (WSBA)

6 Blockchain Devices Market, By Type
6.1 Introduction
6.2 Blockchain Smartphones
6.2.1 Need for Safe Storage and Ease of Transfer of Cryptocurrencies Drive the Market for Blockchain Smartphones
6.3 Crypto Hardware Wallets
6.3.1 Increasing Need of Wallets to Save the Private Keys
6.4 Crypto ATMs
6.4.1 One-Way Crypto ATMs
6.4.1.1 Exchange of Cryptocurrencies Drive the Market for Crypto ATMs
6.4.2 Two-Way Crypto ATMs
6.4.2.1 Two-Way is the Fastest Growing Market for Crypto ATMs
6.5 POS Devices
6.5.1 Easy and Fast Transactions of Cryptocurrencies Drive the Market for POS Device
6.6 Others

7 Blockchain Devices Market, By Connectivity
7.1 Introduction
7.2 Wired
7.2.1 Wired Held the Largest Share of Blockchain Device
7.3 Wireless
7.3.1 Wireless Connectivity is the Fastest Growing Market for Blockchain Devices

8 Blockchain Devices Market, By Application
8.1 Introduction
8.2 Personal
8.2.1 Increasing Use of Crypto Hardware Wallets for Personal Use Drive the Market
8.3 Corporate
8.3.1 BFSI
8.3.1.1 Increasing Need to Secure Business Transactions to Drive the Demand for Blockchain Device in the BFSI
8.3.2 Government
8.3.2.1 Government Agencies are Deploying Blockchain Devices to Improve the Transparency and Efficiency in Operations
8.3.3 Retail & E-Commerce
8.3.3.1 The Need to Enhance Customer Experience Driving the Adoption of Blockchain in the Retail and eCommerce Vertical
8.3.4 Travel & Hospitality
8.3.4.1 Increasing Need for Blockchain Applications Across Travel and Hospitality Start-Ups to Manage Internal Processes and Inventories
8.3.5 Automotive
8.3.5.1 Increasing Demand for Digital Identity of Vehicles Drive the Blockchain Device Market
8.3.6 Transportation & Logistics
8.3.6.1 Need for Blockchain Technology to Maintain Transparency and Security of Goods and Raw Materials Across Transport and Logistics Industry Vertical
8.3.7 It & Telecommunication
8.3.7.1 IoT and 5G to Create Great Market Opportunity for Blockchain in the It and Telecommunication Vertical
8.3.8 Others

9 Regional Analysis
9.1 Introduction
9.2 North America
9.2.1 US
9.2.1.1 US A Major Contributor of Blockchain Device Market in North America
9.2.2 Canada
9.2.2.1 Canada Holds the Significant Growth Opportunity for Market in North America
9.2.3 Mexico
9.2.3.1 Mexico Expected to Grow at The Fastest Rate
9.3 Europe
9.3.1 Germany
9.3.1.1 Company Initiatives to Drive Blockchain Device in Germany
9.3.2 UK
9.3.2.1 UK to Account for the Largest Share of Blockchain Devices in Europe
9.3.3 France
9.3.3.1 France is the Fastest Growing Market for Blockchain Devices
9.3.4 Austria
9.3.4.1 Increasing Initiatives By Public & Private Sector for Deploying the Blockchain Devices
9.3.5 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.1.1 China Held the Largest Share of Blockchain Device
9.4.2 Japan
9.4.2.1 Japan to Provide Attractive Opportunity for Blockchain Device
9.4.3 South Korea
9.4.3.1 Government Initiatives to Drive the Blockchain Devices in South Korea
9.4.4 India
9.4.4.1 Government Initiated Blockchain Project to Drive Blockchain Devices Market in India
9.4.5 Singapore
9.4.5.1 Increasing Adoption of Blockchain Devices in Retails Industry Drive the Market
9.4.6 Rest of Asia Pacific
9.5 Rest of the World
9.5.1 South America
9.5.1.1 South America to Be Fastest Growing Region for Blockchain Devices
9.5.2 Middle East & Africa
9.5.2.1 Turkey, Israel and South Africa are Expected to Be the Major Contributors of Blockchain Device Market in MEA

10 Competitive Landscape
10.1 Overview
10.2 Ranking Analysis of Key Players in the Market
10.3 Competitive Situations and Trends
10.3.1 Product Launches
10.3.2 Agreements, Partnerships, Collaborations, & Contracts
10.3.3 Expansions
10.4 Competitive Leadership Mapping, 2018
10.4.1 Visionary Leaders
10.4.2 Dynamic Differentiators
10.4.3 Innovators
10.4.4 Emerging Companies

11 Company Profiles
Business Overview, Products Offered, Recent Developments, SWOT Analysis, and Author's View
11.1 Key Players
11.1.1 Ledger SAS.
11.1.2 HTC
11.1.3 Pundi X
11.1.4 Filament
11.1.5 General Bytes R.O.
11.1.6 Riddle&Code
11.1.7 Avado
11.1.8 Sikur
11.1.9 Sirin Labs
11.1.10 Blockchain Luxembourg S.A
11.1.11 Satoshilabs S.R.O.
11.1.12 Genesis Coin Inc.
11.1.13 Lamassu Industries AG
11.2 Other Companies
11.2.1 Samsung Electronics
11.2.2 Shapeshift
11.2.3 Coolbitx
11.2.4 Bitaccess
11.2.5 Covault
11.2.6 Ellipal Limited

Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and Author's View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Insights From Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Subscription Portal
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details

List of Tables

Table 1 Blockchain Devices Market, By Type, 2016-2024 (USD Thousand)
Table 2 Market, By Type, 2016-2024 (Units)
Table 3 Blockchain Smartphones Market, By Region, 2016-2024 (USD Million)
Table 4 Crypto Hardware Wallets Market, By Region, 2016-2024 (USD Million)
Table 5 Crypto ATMS Market, By Region, 2016-2024 (USD Thousand)
Table 6 Crypto ATMS Market, By Type, 2016-2024 (USD Million)
Table 7 POS Devices Market, By Region, 2016-2024 (USD Thousand)
Table 8 Other Market, By Region, 2016-2024 (USD Thousand)
Table 9 Market, By Connectivity, 2016-2024 (USD Million)
Table 10 Wired Blockchain Devices Market, By Type, 2016-2024 (USD Thousand)
Table 11 Wireless Blockchain Devices Market, By Type, 2016-2024 (USD Million)
Table 12 Market, By Application, 2016-2024 (USD Million)
Table 13 Market for Personal, By Region, 2016-2024 (USD Million)
Table 14 Market for Corporate, By Region, 2016-2024 (USD Thousand)
Table 15 Market for Corporate, By End User, 2016-2024 (USD Million)
Table 16 Market, By Region, 2016-2024 (USD Million)
Table 17 Market, By Region, 2016-2024 (Thousand Units)
Table 18 Market in North America, By Type, 2016-2024 (USD Thousand)
Table 19 Market in North America, By Application, 2016-2024 (USD Million)
Table 20 Market in North America, By Country, 2016-2024 (USD Million)
Table 21 Market in Europe, By Type, 2016-2024 (USD Thousand)
Table 22 Market in Europe, By Application, 2016-2024 (USD Million)
Table 23 Blockchain Devices Market in Europe, By Country, 2016-2024 (USD Million)
Table 24 Market in the Asia Pacific, By Type, 2016-2024 (USD Thousand)
Table 25 Market in the Asia Pacific, By Application, 2016-2024 (USD Million)
Table 26 Market in the Asia Pacific, By Country, 2016-2024 (USD Thousand)
Table 27 Market in the Rest of the World, By Type, 2016-2024 (USD Thousand)
Table 28 Market in the Rest of the World, By Application, 2016-2024 (USD Thousand)
Table 29 Market in the Rest of the World, By Region, 2016-2024 (USD Million)
Table 30 Market in South America, By Country, 2016-2024 (USD Thousand)
Table 31 Market: Ranking Analysis of Key Companies, for Blockchain Smartphones
Table 32 Market: Ranking Analysis of Key Companies, for Crypto Hardware Wallets
Table 33 Market: Ranking Analysis of Key Companies, for Crypto ATMs
Table 34 Market: Ranking Analysis of Key Companies, for POS Devices
Table 35 Market: Ranking Analysis of Key Companies, for Other Devices
Table 36 Product Launches, 2017-2018
Table 37 Agreements, Partnerships, Collaborations, and Contracts, 2017-2019
Table 38 Expansions 2017-2019

List of Figures

Figure 1 Research Design
Figure 2 Process Flow of Market Size Estimation
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Crypto Hardware Wallets to Hold Largest Share of Market From 2019 to 2024
Figure 7 By Connectivity, Wireless Segment to Register Higher CAGR Than Wired Segment During Forecast Period
Figure 8 By Application, Corporate Segment to Hold Larger Market Share Than Personal Segment From 2019 to 2024
Figure 9 Market in Retail & E-Commerce to Grow at the Highest Rate During Forecast Period
Figure 10 Market in APAC to Grow at Highest CAGR From 2019 to 2024
Figure 11 APAC to Grow at Highest CAGR in Market During Forecast Period
Figure 12 Market for Other Types to Grow at Highest CAGR From 2019 to 2024
Figure 13 Crypto Hardware Wallets to Hold Largest Share of Market During Forecast Period
Figure 14 Singapore Estimated to Hold Largest Share of APAC Blockchain Devices Market in 2019
Figure 15 Market in South America to Grow at Highest CAGR From 2019 to 2024
Figure 16 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Crypto Hardware Wallets Segment is Projected to Lead Market From 2019 to 2024
Figure 18 North America POS Devices Market is Projected to Grow at the Highest CAGR From 2019 to 2024
Figure 19 Wired Segment is Projected to Lead Market From 2019 to 2024
Figure 20 Corporate Segment is Projected to Lead Market From 2019 to 2024
Figure 21 Market in Asia Pacific to Grow at Highest CAGR From 2019 to 2024
Figure 22 North America Market Snapshot
Figure 23 Europe: Snapshot of Market
Figure 24 Asia Pacific: Snapshot of Market
Figure 25 Product Launches Key Growth Strategy From 2017 to 2019
Figure 26 Market (Global) Competitive Leadership Mapping, 2018
Figure 27 HTC: Company Snapshot

Note: Product cover images may vary from those shown
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  • Avado
  • Bitaccess
  • Blockchain Luxembourg S.A
  • Coolbitx
  • Covault
  • Ellipal Limited
  • Filament
  • General Bytes R.O.
  • Genesis Coin Inc.
  • HTC
  • Lamassu Industries AG
  • Ledger SAS.
  • Pundi X
  • Riddle&Code
  • Samsung Electronics
  • Satoshilabs S.R.O.
  • Shapeshift
  • Sikur
  • Sirin Labs
Note: Product cover images may vary from those shown
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