Press release
Hardware Wallet Market Size is Projected to Reach US$ 1,148.50 Million by 2027 With Growth Rate (CAGR) of 27.20% | IMARC Group
Hardware Wallet Market Overview:The latest research study "Hardware Wallet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global hardware wallet market size reached a value of US$ 251.6 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,148.50 Million by 2027 exhibiting a CAGR of 27.20% during 2022-2027.
Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/hardware-wallet-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Hardware wallets refer to the high-security cryptocurrency wallets that provide users access to private keys for purchasing and trading crypto assets. Hardware apps, such as ledger, keep key, pro key, trezor, etc., offer complete privacy between the private keys and easy-to-hack computer or smartphone applications. In addition to this, compared to software wallets, they are placed in protected microcontrollers and act as cold storage to preserve pins from hackers for preventing them from exposing information to the internet.
Hardware Wallets Market Trends and Drivers:
The increasing investments in cryptocurrency-based devices for fast and secure transactions are primarily driving the hardware wallet market. Additionally, the growing utilization of near-field communication (NFC) for wireless data transferring is further catalyzing the market growth.
Besides this, the widespread adoption of wireless hardware wallets, owing to their various associated benefits, such as direct control, long-term storage, flexibility, security, etc., is acting as another significant growth-inducing factor.
Moreover, numerous other factors, including the emerging trend of digital and cashless payments, the rising integration of distributed ledger technology and blockchain for ensuring transparency by minimizing the risks of hacking and other fraudulent activities, the launch of hardware wallet apps for simplifying cryptocurrencies exchange, etc., are also positively influencing the global market.
Apart from this, the introduction of bitcoin lite and bitcoin cash is anticipated to fuel the hardware wallet market over the forecasted period.
Inquire Before Buying : https://www.imarcgroup.com/request?type=report&id=5069&flag=F
Global Hardware Wallets Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Archos, BitLox Limited, Coinkite Inc., CoolBitX, ELLIPAL Limited, Ledger SAS, OPOLO SARL, Penta Security Systems Inc., SatoshiLabs s.r.o., ShapeShift, Shift Crypto AG and Sugi (Sofitto NV).
The report has segmented the market on the basis of region, type, connection type, distribution channel and end user.
Breakup by Type:
• Hot Wallet
• Cold Wallet
Breakup by Connection Type:
• Near-field Communication (NFC)
• Bluetooth
• USB
Breakup by Distribution Channel:
• Online
• Offline
Breakup by End User:
• Commercial
• Individual
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/hardware-wallet-market
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Other Research Report of IMARC Group:
Passive Electronic Components Market Report 2022-2027: https://www.digitaljournal.com/pr/passive-electronic-components-market-2022-27-size-share-industry-trends-growth-and-forecast
Solid State Drive (SSD) Market Report 2022-2027: https://www.digitaljournal.com/pr/solid-state-drive-ssd-market-share-2022-27-industry-size-scope-growth-analysis-and-forecast
Switchgear Market Report 2022-2027: https://www.einpresswire.com/article/569722350/switchgear-market-to-reach-us-139-8-billion-by-2027-and-cagr-of-5-50-imarc-group
Silicon Wafer Reclaim Market Report 2022-2027: https://www.digitaljournal.com/pr/silicon-wafer-reclaim-market-size-expected-to-hit-us-793-4-million-by-2022-2027-cagr-of-8-10-during-forecast-period-imarc-group
Optical Sensor Market Report 2022-2027:https://www.imarcgroup.com/optical-sensor-market
Compound Semiconductor Market Report 2022-2027: https://www.imarcgroup.com/compound-semiconductor-market
Contact Us:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hardware Wallet Market Size is Projected to Reach US$ 1,148.50 Million by 2027 With Growth Rate (CAGR) of 27.20% | IMARC Group here
News-ID: 2754355 • Views: …
More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The India seafood…

India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025:
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 2.50 Billion
Market Size in 2033: USD 5.90 Billion
Market Growth Rate (CAGR) 2025-2033: 10.03%
How Big is the India Mutual Funds Industry?
The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033.
Request…

Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview:
The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC…

Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay.
IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
More Releases for Hardware
Hardware Encryption Market Strengthening Data Security with Advanced Hardware-Ba …
"𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐰𝐢𝐭𝐡 𝐒𝐦𝐚𝐫𝐭𝐞𝐫 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬"
The latest study released on the Hardware Encryption Market evaluates market size, trend, and forecast to 2030. The Hardware Encryption market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the…
Barn Door Hardware Market Is Gaining Huge Growth In Upcoming Years 2024 - 2031 | …
Market Overview:
Barn door hardware includes sliding door hardware kits that are used to convert swing doors into sliding doors. They are commonly used in homes to divide rooms or sections while maximizing the use of space.
Market Dynamics:
The barn door hardware market is estimated to witness significant growth over the forecast period owing to rising demand for interior decor innovations and space optimization solutions in residential and commercial buildings. Traditionally, interior…
Barn Door Handles Market | Artisan Hardware, BarnDoorz, Custom Service Hardware …
The global barn door handles market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the barn door handles market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Global Hardware Load Balancers Market, Hardware Load Balancers Market, Hardware …
Global Hardware Load Balancers Market Overview
The Hardware Load Balancers market is a diverse and rapidly evolving industry that encompasses a wide range of products and services. It is characterized by intense competition, changing consumer preferences, and technological advancements that continually drive innovation.
The Hardware Load Balancers market is comprised of several sub-sectors, including but not limited to: electronics, healthcare, automotive, consumer goods, and energy. Each of these sub-sectors has its unique…
Top 12 China Hardware Market & Reliable Hardware Supplier
This article was first published on Yiwuagt.com. As a professional Chinese sourcing agent, this site has a lot of knowledge about Chinese imports.
As the world's largest manufacturer of hardware tools, China has many excellent hardware suppliers. At present, China's hardware wholesale industry has spread all over the country. Do you want to import hardware from China? As a professional sourcing agent, this article will introduce the well-known China hardware wholesale…
Architectural Hardware Market
According to a new report published by Allied Market Research, titled, " Architectural Hardware Market by Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global architectural hardware market size was valued at $15.9 billion in 2018, and is projected to reach $23.2 billion by 2026, growing at a CAGR of 6.8% from 2019 to 2026. Architectural hardware is a type of hardware that includes doors, windows,…