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Cryptocurrency Hardware Wallet Market By Hardware Component, By Security Method, By Type: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 293 Pages
  • September 2022
  • Region: Global
  • Allied Market Research
  • ID: 5713114
A cryptocurrency hardware wallet is a type of wallet that uses a secure encrypted hardware device to hold user's private keys. As a result, hardware wallets are designed to allow users to store private keys in a secure section of the microcontroller, while safeguarding sensitive data. The main principle behind the hardware wallet is to provide complete isolation between the private keys and easy-to-hack computer or smartphone applications. Hardware wallets act as cold storage for confidential keys. The passwords are protected by a PIN, making it tough for hackers to extract private keys as the information is not exposed to the internet.

Cryptocurrency hardware wallet helps to improve data transparency and independency across payments in banks, financial services, insurance, and various other business sectors. In addition, it helps in ensuring accuracy in calculating repayment, interest, and the principal amount. Moreover, it allows transactions to be completed in minutes rather than days and offers enhanced security. However, lack of awareness among the people about cryptocurrency hardware wallet is a major factor limiting the growth of cryptocurrency hardware wallet market. On the contrary, high growth potential in developing economies coupled with a surge in focus on security is expected to provide lucrative opportunities for the market in the upcoming years.

The cryptocurrency hardware wallet market is segmented on the basis of hardware component, security method, and type. By hardware component, it is divided into ASIC, GPUF, PGA, and others. The ASIC segment is further segregated into semi-custom ASIC, programmable ASIC, and full custom ASIC. By security method, it is fragmented into PIN, two factor authentication, biometric security, and others. By type, it is categorized into USB connectivity type, Bluetooth connectivity type, NFC connectivity, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report analyzes the profiles of key players that operate in the cryptocurrency hardware wallet market are BC VAULT, BitLox, CoolWallet, Cryptomeister, CryoBit LLC, Etherbit Private Limited, Keystone, Ledger SAS, OpenDime, SafePal, SatoshiLabss.R.O., SecuX Technology Inc., ShapeShift, Shift Crypto AG, Sugi, OPOLO SARL, and ELLIPAL LTD. These players have adopted various strategies to increase their market penetration and strengthen their position in the cryptocurrency hardware wallet industry.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cryptocurrency hardware wallet market analysis from 2021 to 2031 to identify the prevailing cryptocurrency hardware wallet market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the cryptocurrency hardware wallet market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global cryptocurrency hardware wallet market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Hardware Component

  • ASIC
  • GPU
  • FPGA
  • Others

By Security Method

  • Pin
  • Two-factor Authentication
  • Biometric Security
  • Others

By Type

  • USB Connectivity Type
  • Bluetooth Connectivity Type
  • NFC Connectivity
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Rest Of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest Of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • BC VAULT
  • BitLox
  • CoolWallet
  • Cryptomeister
  • CryoBit LLC
  • Etherbit Private Limited
  • Keystone
  • Ledger SAS
  • OpenDime
  • SafePal
  • SecuX Technology Inc.
  • ShapeShift
  • Shift Crypto AG
  • Sugi
  • Trezor
  • ELLIPAL
  • Prokey

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: CRYPTOCURRENCY HARDWARE WALLET MARKET, BY HARDWARE COMPONENT
4.1 Overview
4.1.1 Market size and forecast
4.2 ASIC
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 GPU
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 FPGA
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country

CHAPTER 5: CRYPTOCURRENCY HARDWARE WALLET MARKET, BY SECURITY METHOD
5.1 Overview
5.1.1 Market size and forecast
5.2 Pin
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Two-factor Authentication
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Biometric Security
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Others
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country

CHAPTER 6: CRYPTOCURRENCY HARDWARE WALLET MARKET, BY TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 USB Connectivity Type
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Bluetooth Connectivity Type
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 NFC Connectivity
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Others
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country

CHAPTER 7: CRYPTOCURRENCY HARDWARE WALLET MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Hardware Component
7.2.3 North America Market size and forecast, by Security Method
7.2.4 North America Market size and forecast, by Type
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Hardware Component
7.2.5.1.2 Market size and forecast, by Security Method
7.2.5.1.3 Market size and forecast, by Type
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Hardware Component
7.2.5.2.2 Market size and forecast, by Security Method
7.2.5.2.3 Market size and forecast, by Type
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Hardware Component
7.3.3 Europe Market size and forecast, by Security Method
7.3.4 Europe Market size and forecast, by Type
7.3.5 Europe Market size and forecast, by country
7.3.5.1 UK
7.3.5.1.1 Market size and forecast, by Hardware Component
7.3.5.1.2 Market size and forecast, by Security Method
7.3.5.1.3 Market size and forecast, by Type
7.3.5.2 Germany
7.3.5.2.1 Market size and forecast, by Hardware Component
7.3.5.2.2 Market size and forecast, by Security Method
7.3.5.2.3 Market size and forecast, by Type
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Hardware Component
7.3.5.3.2 Market size and forecast, by Security Method
7.3.5.3.3 Market size and forecast, by Type
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Hardware Component
7.3.5.4.2 Market size and forecast, by Security Method
7.3.5.4.3 Market size and forecast, by Type
7.3.5.5 Rest of Europe
7.3.5.5.1 Market size and forecast, by Hardware Component
7.3.5.5.2 Market size and forecast, by Security Method
7.3.5.5.3 Market size and forecast, by Type
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Hardware Component
7.4.3 Asia-Pacific Market size and forecast, by Security Method
7.4.4 Asia-Pacific Market size and forecast, by Type
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Hardware Component
7.4.5.1.2 Market size and forecast, by Security Method
7.4.5.1.3 Market size and forecast, by Type
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Hardware Component
7.4.5.2.2 Market size and forecast, by Security Method
7.4.5.2.3 Market size and forecast, by Type
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Hardware Component
7.4.5.3.2 Market size and forecast, by Security Method
7.4.5.3.3 Market size and forecast, by Type
7.4.5.4 Australia
7.4.5.4.1 Market size and forecast, by Hardware Component
7.4.5.4.2 Market size and forecast, by Security Method
7.4.5.4.3 Market size and forecast, by Type
7.4.5.5 South Korea
7.4.5.5.1 Market size and forecast, by Hardware Component
7.4.5.5.2 Market size and forecast, by Security Method
7.4.5.5.3 Market size and forecast, by Type
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Hardware Component
7.4.5.6.2 Market size and forecast, by Security Method
7.4.5.6.3 Market size and forecast, by Type
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Hardware Component
7.5.3 LAMEA Market size and forecast, by Security Method
7.5.4 LAMEA Market size and forecast, by Type
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Market size and forecast, by Hardware Component
7.5.5.1.2 Market size and forecast, by Security Method
7.5.5.1.3 Market size and forecast, by Type
7.5.5.2 Middle East
7.5.5.2.1 Market size and forecast, by Hardware Component
7.5.5.2.2 Market size and forecast, by Security Method
7.5.5.2.3 Market size and forecast, by Type
7.5.5.3 Africa
7.5.5.3.1 Market size and forecast, by Hardware Component
7.5.5.3.2 Market size and forecast, by Security Method
7.5.5.3.3 Market size and forecast, by Type

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 BC VAULT
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 BitLox
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 CoolWallet
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Cryptomeister
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 CryoBit LLC
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Etherbit Private Limited
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Keystone
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Ledger SAS
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 OpenDime
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 SafePal
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 SecuX Technology Inc.
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 ShapeShift
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
9.13 Shift Crypto AG
9.13.1 Company overview
9.13.2 Company snapshot
9.13.3 Operating business segments
9.13.4 Product portfolio
9.13.5 Business performance
9.13.6 Key strategic moves and developments
9.14 Sugi
9.14.1 Company overview
9.14.2 Company snapshot
9.14.3 Operating business segments
9.14.4 Product portfolio
9.14.5 Business performance
9.14.6 Key strategic moves and developments
9.15 Trezor
9.15.1 Company overview
9.15.2 Company snapshot
9.15.3 Operating business segments
9.15.4 Product portfolio
9.15.5 Business performance
9.15.6 Key strategic moves and developments
9.16 ELLIPAL
9.16.1 Company overview
9.16.2 Company snapshot
9.16.3 Operating business segments
9.16.4 Product portfolio
9.16.5 Business performance
9.16.6 Key strategic moves and developments
9.17 Prokey
9.17.1 Company overview
9.17.2 Company snapshot
9.17.3 Operating business segments
9.17.4 Product portfolio
9.17.5 Business performance
9.17.6 Key strategic moves and developments

List of Tables
Table 1. Global Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 2. Cryptocurrency Hardware Wallet Market, for Asic, by Region, 2021-2031 ($Million)
Table 3. Cryptocurrency Hardware Wallet Market for Asic, by Country, 2021-2031 ($Million)
Table 4. Cryptocurrency Hardware Wallet Market, for GPU, by Region, 2021-2031 ($Million)
Table 5. Cryptocurrency Hardware Wallet Market for GPU, by Country, 2021-2031 ($Million)
Table 6. Cryptocurrency Hardware Wallet Market, for Fpga, by Region, 2021-2031 ($Million)
Table 7. Cryptocurrency Hardware Wallet Market for Fpga, by Country, 2021-2031 ($Million)
Table 8. Cryptocurrency Hardware Wallet Market, for Others, by Region, 2021-2031 ($Million)
Table 9. Cryptocurrency Hardware Wallet Market for Others, by Country, 2021-2031 ($Million)
Table 10. Global Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 11. Cryptocurrency Hardware Wallet Market, for Pin, by Region, 2021-2031 ($Million)
Table 12. Cryptocurrency Hardware Wallet Market for Pin, by Country, 2021-2031 ($Million)
Table 13. Cryptocurrency Hardware Wallet Market, for Two-Factor Authentication, by Region, 2021-2031 ($Million)
Table 14. Cryptocurrency Hardware Wallet Market for Two-Factor Authentication, by Country, 2021-2031 ($Million)
Table 15. Cryptocurrency Hardware Wallet Market, for Biometric Security, by Region, 2021-2031 ($Million)
Table 16. Cryptocurrency Hardware Wallet Market for Biometric Security, by Country, 2021-2031 ($Million)
Table 17. Cryptocurrency Hardware Wallet Market, for Others, by Region, 2021-2031 ($Million)
Table 18. Cryptocurrency Hardware Wallet Market for Others, by Country, 2021-2031 ($Million)
Table 19. Global Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 20. Cryptocurrency Hardware Wallet Market, for Usb Connectivity Type, by Region, 2021-2031 ($Million)
Table 21. Cryptocurrency Hardware Wallet Market for Usb Connectivity Type, by Country, 2021-2031 ($Million)
Table 22. Cryptocurrency Hardware Wallet Market, for Bluetooth Connectivity Type, by Region, 2021-2031 ($Million)
Table 23. Cryptocurrency Hardware Wallet Market for Bluetooth Connectivity Type, by Country, 2021-2031 ($Million)
Table 24. Cryptocurrency Hardware Wallet Market, for Nfc Connectivity, by Region, 2021-2031 ($Million)
Table 25. Cryptocurrency Hardware Wallet Market for Nfc Connectivity, by Country, 2021-2031 ($Million)
Table 26. Cryptocurrency Hardware Wallet Market, for Others, by Region, 2021-2031 ($Million)
Table 27. Cryptocurrency Hardware Wallet Market for Others, by Country, 2021-2031 ($Million)
Table 28. Cryptocurrency Hardware Wallet Market, by Region, 2021-2031 ($Million)
Table 29. North America Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 30. North America Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 31. North America Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 32. North America Cryptocurrency Hardware Wallet Market, by Country, 2021-2031 ($Million)
Table 33. U.S. Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 34. U.S. Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 35. U.S. Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 36. Canada Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 37. Canada Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 38. Canada Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 39. Europe Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 40. Europe Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 41. Europe Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 42. Europe Cryptocurrency Hardware Wallet Market, by Country, 2021-2031 ($Million)
Table 43. UK Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 44. UK Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 45. UK Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 46. Germany Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 47. Germany Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 48. Germany Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 49. France Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 50. France Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 51. France Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 52. Italy Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 53. Italy Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 54. Italy Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 55. Rest of Europe Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 56. Rest of Europe Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 57. Rest of Europe Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 58. Asia-Pacific Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 59. Asia-Pacific Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 60. Asia-Pacific Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 61. Asia-Pacific Cryptocurrency Hardware Wallet Market, by Country, 2021-2031 ($Million)
Table 62. China Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 63. China Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 64. China Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 65. Japan Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 66. Japan Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 67. Japan Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 68. India Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 69. India Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 70. India Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 71. Australia Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 72. Australia Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 73. Australia Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 74. South Korea Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 75. South Korea Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 76. South Korea Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 77. Rest of Asia-Pacific Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 78. Rest of Asia-Pacific Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 79. Rest of Asia-Pacific Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 80. LAMEA Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 81. LAMEA Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 82. LAMEA Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 83. LAMEA Cryptocurrency Hardware Wallet Market, by Country, 2021-2031 ($Million)
Table 84. Latin America Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 85. Latin America Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 86. Latin America Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 87. Middle East Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 88. Middle East Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 89. Middle East Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 90. Africa Cryptocurrency Hardware Wallet Market, by Hardware Component, 2021-2031 ($Million)
Table 91. Africa Cryptocurrency Hardware Wallet Market, by Security Method, 2021-2031 ($Million)
Table 92. Africa Cryptocurrency Hardware Wallet Market, by Type, 2021-2031 ($Million)
Table 93. Bc Vault: Company Snapshot
Table 94. Bc Vault: Operating Segments
Table 95. Bc Vault: Product Portfolio
Table 96. Bc Vault: Net Sales
Table 97. Bc Vault: Key Strategies
Table 98. Bitlox: Company Snapshot
Table 99. Bitlox: Operating Segments
Table 100. Bitlox: Product Portfolio
Table 101. Bitlox: Net Sales
Table 102. Bitlox: Key Strategies
Table 103. Coolwallet: Company Snapshot
Table 104. Coolwallet: Operating Segments
Table 105. Coolwallet: Product Portfolio
Table 106. Coolwallet: Net Sales
Table 107. Coolwallet: Key Strategies
Table 108. Cryptomeister: Company Snapshot
Table 109. Cryptomeister: Operating Segments
Table 110. Cryptomeister: Product Portfolio
Table 111. Cryptomeister: Net Sales
Table 112. Cryptomeister: Key Strategies
Table 113. Cryobit LLC: Company Snapshot
Table 114. Cryobit LLC: Operating Segments
Table 115. Cryobit LLC: Product Portfolio
Table 116. Cryobit LLC: Net Sales
Table 117. Cryobit LLC: Key Strategies
Table 118. Etherbit Private Limited: Company Snapshot
Table 119. Etherbit Private Limited: Operating Segments
Table 120. Etherbit Private Limited: Product Portfolio
Table 121. Etherbit Private Limited: Net Sales
Table 122. Etherbit Private Limited: Key Strategies
Table 123. Keystone: Company Snapshot
Table 124. Keystone: Operating Segments
Table 125. Keystone: Product Portfolio
Table 126. Keystone: Net Sales
Table 127. Keystone: Key Strategies
Table 128. Ledger Sas: Company Snapshot
Table 129. Ledger Sas: Operating Segments
Table 130. Ledger Sas: Product Portfolio
Table 131. Ledger Sas: Net Sales
Table 132. Ledger Sas: Key Strategies
Table 133. Opendime: Company Snapshot
Table 134. Opendime: Operating Segments
Table 135. Opendime: Product Portfolio
Table 136. Opendime: Net Sales
Table 137. Opendime: Key Strategies
Table 138. Safepal: Company Snapshot
Table 139. Safepal: Operating Segments
Table 140. Safepal: Product Portfolio
Table 141. Safepal: Net Sales
Table 142. Safepal: Key Strategies
Table 143. Secux Technology Inc.: Company Snapshot
Table 144. Secux Technology Inc.: Operating Segments
Table 145. Secux Technology Inc.: Product Portfolio
Table 146. Secux Technology Inc.: Net Sales
Table 147. Secux Technology Inc.: Key Strategies
Table 148. Shapeshift: Company Snapshot
Table 149. Shapeshift: Operating Segments
Table 150. Shapeshift: Product Portfolio
Table 151. Shapeshift: Net Sales
Table 152. Shapeshift: Key Strategies
Table 153. Shift Crypto AG: Company Snapshot
Table 154. Shift Crypto AG: Operating Segments
Table 155. Shift Crypto AG: Product Portfolio
Table 156. Shift Crypto AG: Net Sales
Table 157. Shift Crypto AG: Key Strategies
Table 158. Sugi: Company Snapshot
Table 159. Sugi: Operating Segments
Table 160. Sugi: Product Portfolio
Table 161. Sugi: Net Sales
Table 162. Sugi: Key Strategies
Table 163. Trezor: Company Snapshot
Table 164. Trezor: Operating Segments
Table 165. Trezor: Product Portfolio
Table 166. Trezor: Net Sales
Table 167. Trezor: Key Strategies
Table 168. Ellipal: Company Snapshot
Table 169. Ellipal: Operating Segments
Table 170. Ellipal: Product Portfolio
Table 171. Ellipal: Net Sales
Table 172. Ellipal: Key Strategies
Table 173. Prokey: Company Snapshot
Table 174. Prokey: Operating Segments
Table 175. Prokey: Product Portfolio
Table 176. Prokey: Net Sales
Table 177. Prokey: Key Strategies

List of Figures
Figure 1. Cryptocurrency Hardware Wallet Market Segmentation
Figure 2. Cryptocurrency Hardware Wallet Market, 2021-2031
Figure 3. Cryptocurrency Hardware Wallet Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Cryptocurrency Hardware Wallet Mark.:Drivers, Restraints and Opportunities
Figure 12. Cryptocurrency Hardware Wallet Market, By Hardware Component, 2021(%)
Figure 13. Comparative Share Analysis of Asic Cryptocurrency Hardware Wallet Market, 2021-2031(%)
Figure 14. Comparative Share Analysis of Gpu Cryptocurrency Hardware Wallet Market, 2021-2031(%)
Figure 15. Comparative Share Analysis of Fpga Cryptocurrency Hardware Wallet Market, 2021-2031(%)
Figure 16. Comparative Share Analysis of Others Cryptocurrency Hardware Wallet Market, 2021-2031(%)
Figure 17. Cryptocurrency Hardware Wallet Market, By Security Method, 2021(%)
Figure 18. Comparative Share Analysis of Pin Cryptocurrency Hardware Wallet Market, 2021-2031(%)
Figure 19. Comparative Share Analysis of Two-Factor Authentication Cryptocurrency Hardware Wallet Market, 2021-2031(%)
Figure 20. Comparative Share Analysis of Biometric Security Cryptocurrency Hardware Wallet Market, 2021-2031(%)
Figure 21. Comparative Share Analysis of Others Cryptocurrency Hardware Wallet Market, 2021-2031(%)
Figure 22. Cryptocurrency Hardware Wallet Market, By Type, 2021(%)
Figure 23. Comparative Share Analysis of Usb Connectivity Type Cryptocurrency Hardware Wallet Market, 2021-2031(%)
Figure 24. Comparative Share Analysis of Bluetooth Connectivity Type Cryptocurrency Hardware Wallet Market, 2021-2031(%)
Figure 25. Comparative Share Analysis of Nfc Connectivity Cryptocurrency Hardware Wallet Market, 2021-2031(%)
Figure 26. Comparative Share Analysis of Others Cryptocurrency Hardware Wallet Market, 2021-2031(%)
Figure 27. Cryptocurrency Hardware Wallet Market by Region, 2021
Figure 28. U.S. Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 29. Canada Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 30. Uk Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 31. Germany Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 32. France Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 33. Italy Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 34. Rest of Europe Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 35. China Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 36. Japan Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 37. India Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 38. Australia Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 39. South Korea Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 40. Rest of Asia-Pacific Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 41. Latin America Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 42. Middle East Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 43. Africa Cryptocurrency Hardware Wallet Market, 2021-2031($Million)
Figure 44. Top Winning Strategies, by Year
Figure 45. Top Winning Strategies, by Development
Figure 46. Top Winning Strategies, by Company
Figure 47. Product Mapping of Top 10 Players
Figure 48. Competitive Dashboard
Figure 49. Competitive Heatmap of Top 10 Key Players
Figure 50. Bc Vaul.: Net Sales, ($Million)
Figure 51. Bitlo.: Net Sales, ($Million)
Figure 52. Coolwalle.: Net Sales, ($Million)
Figure 53. Cryptomeiste.: Net Sales, ($Million)
Figure 54. Cryobit LL.: Net Sales, ($Million)
Figure 55. Etherbit Private Limite.: Net Sales, ($Million)
Figure 56. Keyston.: Net Sales, ($Million)
Figure 57. Ledger Sa.: Net Sales, ($Million)
Figure 58. Opendim.: Net Sales, ($Million)
Figure 59. Safepa.: Net Sales, ($Million)
Figure 60. Secux Technology Inc.: Net Sales, ($Million)
Figure 61. Shapeshif.: Net Sales, ($Million)
Figure 62. Shift Crypto A.: Net Sales, ($Million)
Figure 63. Sug.: Net Sales, ($Million)
Figure 64. Trezo.: Net Sales, ($Million)
Figure 65. Ellipa.: Net Sales, ($Million)
Figure 66. Proke.: Net Sales, ($Million)

Executive Summary

According to the report, “Cryptocurrency Hardware Wallet Market," the cryptocurrency hardware wallet market size was valued at $442.56 million in 2021, and is estimated to reach $3.6 billion by 2031, growing at a CAGR of 23.7% from 2022 to 2031.

Furthermore, major market players have undertaken various strategies to increase the competition and offer enhanced services to their customers. For instance, in November 2021, the BC Vault, a new generation of crypto hardware wallets, partnered with the global virtual currency platform, Coinify. This collaboration with Coinify aims to strengthen BC Vault’s strong position in the crypto hardware market, building one more solid bridge to the fiat world. Furthermore, with the wide variety of payment methods available with Coinify, the extensive choice of cryptocurrencies, and the simple & easy verification process, the collaboration between BC Vault and Coinify is a joint push for making cryptocurrencies even more easily accessible to customers.

On the basis of type, the USB connectivity type segment is the highest growing segment. This is attributed to the fact that cryptocurrency mining requires a lot of computational power due to complex mathematical problems. For instance, Ledger, a French-based company, developed maximum security UBS crypto hardware wallet to protect crypto. The Ledger Nano S is one of the most advanced wallets that is able to store multiple cryptocurrencies simultaneously. Therefore, all these factors collectively are expected to drive the adoption of USB-based hardware wallet devices, subsequently propelling the market cryptocurrency hardware wallet market growth in the coming years.

By region, Asia-Pacific attained the highest growth in 2021. This is attributed to the fact that Asia-Pacific region has witnessed significant growth in cryptocurrency transactions and is expected to exhibit growth the developing nations such as India, Hong Kong, Singapore, and others. Moreover, the region has witnessed a surge in malware attacks among online wallets, which is a major driving factor for the projected growth.

The COVID-19 outbreak had a positive impact on the growth of the cryptocurrency hardware wallet market, as the adoption of cryptocurrency has increased in the face of unprecedented circumstances. COVID-19 pandemic has significantly fueled the growth rate of the cryptocurrency hardware wallet market, owing to the significant rise in adoption of cryptocurrency by banks and financial institutions has been observed, owing to increase in need to share financial details with consumers during the COVID-19 outbreak. Therefore, the COVID-19 moderately impacted the cryptocurrency hardware wallet industry.

Key Findings of the Study

  • By hardware component, the ASIC segment led the cryptocurrency hardware wallet market in terms of revenue in 2021.
  • By security method, the PIN segment accounted for the highest cryptocurrency hardware wallet market share in 2021.
  • By region, Asia-Pacific generated the highest revenue in 2021.
  • The report profiles of key players operating in the cryptocurrency hardware wallet market analysis such as BC VAULT, BitLox, CoolWallet, Cryptomeister, CryoBit LLC , Etherbit Private Limited, Keystone, Ledger SAS, OpenDime, SafePal, SatoshiLabss.R.O., SecuX Technology Inc., ShapeShift, Shift Crypto AG, Sugi, OPOLO SARL, and ELLIPAL LTD. These players have adopted various strategies to increase their market penetration and strengthen their position in the cryptocurrency hardware wallet industry.

Companies Mentioned

  • BC VAULT
  • BitLox
  • CoolWallet
  • Cryptomeister
  • CryoBit LLC
  • Etherbit Private Limited
  • Keystone
  • Ledger SAS
  • OpenDime
  • SafePal
  • SecuX Technology Inc.
  • ShapeShift
  • Shift Crypto AG
  • Sugi
  • Trezor
  • ELLIPAL
  • Prokey

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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