Press release
Blockchain Devices Market: Soaring Growth at CAGR of 38.0% and Major Market Drivers
Blockchain Devices Market
Blockchain technologies' rapid acceptance and the growing intrigue for decentralized finance (DeFi) have fueled a boom in the blockchain devices market, expected to reach $6.05 billion in 2029.
What Is The Projected Market Size Of The Global Blockchain Devices Market And Its Growth Rate?
• The global blockchain devices market saw a substantial expansion from $1.22 billion in 2024 to $1.67 billion in 2025, growing at a compound annual growth rate (CAGR) of 36.9%.
• This impressive growth trend is anticipated to continue, with the market projected to reach a staggering $6.05 billion in 2029 at a CAGR of 38.0% during the forecast period.
• Several key growth drivers, such as the emergence of tokenization and increasing adaptation in emerging markets, are expected to fuel the market expansion in the upcoming years.
What Is Driving The Growth In The Blockchain Devices Market?
The blockchain devices market's growth is primarily driven by the escalating investments in blockchain technology across various industries and businesses. Real-world implementations of blockchain solutions have witnessed a surge, testament to organizations' commitment to this technology. For instance, in August 2022, Alphabet, a US-based technology company, invested $1.5 Billion in various blockchain companies. This move reflects the broader trend of tech companies and investors embracing blockchain as a means of democratizing the information technology environment.
Request A Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=5976&type=smp
Who Are the Key Players Driving Blockchain Devices Market Growth?
• Ledger SAS
• SatoshiLabs Group
• Sirin Labs AG
• Pundi X Labs Pte. Ltd.
• Genesis Coin Inc.
• GENERAL BYTES s. r. o.
• HTC Corporation
• RIDDLE&CODE GmbH
• ShapeShift AG
• Bitaccess Inc.
• Coinsource Inc.
• SAMSUNG Electronics Co. Ltd.
• Infineon Technologies India Private Ltd.
• Helium Systems Inc.
• Avado
• Lamassu Industries AG
• SafePal
• PAYMYNT Financial Group Inc.
• modum. io AG
• NXM Labs Inc.
• Blockchain Luxembourg S. A
• Tangem AG
• Filament Corporation
• Sikur Inc.
• CoVault Inc.
• ELLIPAL
• International Business Machines Corporation
• Microsoft Corporation
• Canaan Creative Co. Ltd.
• Ebang International Holdings Inc.
• Bitfury Holding B. V.
• CoolBitX Technology Ltd.
• OPENDIME by Coinkite Inc.
What Are The Key Trends In The Blockchain Devices Market?
• Implementation of Smart Contracts
• Integration of Blockchain in Healthcare Devices
• Real-time transaction verification
• Decentralizing Identity Solutions
• Integrations with Artificial Intelligence
What Are The Segments Of The Global Blockchain Devices Market?
• By Type: Blockchain Smartphones, Crypto Hardware Wallets, Crypto Automated Teller Machines (ATMs), Point Of Sales (POS) Terminals
• By Connectivity: Wired, Wireless
• By Application: Personal, Corporate
• By End User: Consumer, BFSI, Government, Retail And E-commerce, Travel And Hospitality, Automotive, Transportation And Logistics, IT And Telecommunication, Others (Energy And Utilities, Education, Agriculture, Healthcare, Manufacturing)
Which Region Leads The Blockchain Devices Market?
In 2024, North America was the largest region in the blockchain devices market. On the other hand, the Asia-Pacific region is expected to be the fastest-growing region during the forecast period, with other regions such as Western Europe, Eastern Europe, South America, Middle East, and Africa also contributing to the global market.
Pre-book the Report for Swift Delivery: https://www.thebusinessresearchcompany.com/report/blockchain-devices-global-market-report
What Is Covered In The Blockchain Devices Market Global Market Report?
- Market Size Analysis: Analyze the Blockchain Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Blockchain Devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Blockchain Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Blockchain Devices Market .
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report: https://www.thebusinessresearchcompany.com/Customise?id=5976&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
Learn More About the Business Research Company. With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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 Blockchain Devices Market: Soaring Growth at CAGR of 38.0% and Major Market Drivers here
News-ID: 3812415 • Views: …
More Releases from The Business research company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Blockchain
Pharmaceutical Blockchain Market to Witness Impressive Growth by 2030: IBM Block …
According to HTF Market Intelligence, the Pharmaceutical Blockchain market to witness a CAGR of 55% during the forecast period (2024-2030).The Latest published a market study on Global Pharmaceutical Blockchain Market provides an overview of the current market dynamics in the Global Pharmaceutical Blockchain space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2030. The study breaks the market by revenue and…
Noticias Blockchain Among the First to Launch of Blockchain for Good Alliance (B …
Noticias Blockchain is a premier Spanish blockchain news portal helmed by tech-savvy highly experienced journalists specializing in cryptocurrencies and blockchain technologies. The company recently published a comprehensive coverage of BGA's launch.
Image: https://www.getnews.info/uploads/70692aa238526d085c2aae051094caca.png
The world of cryptocurrencies and blockchain technologies expands at a rapid pace, witnessing breakthroughs big and small on a seemingly daily basis. To ensure that traders, crypto-curious individuals, investors, and blockchain experts across the globe have instant access…
FinTech Blockchain Market Is Booming Worldwide | Ripple, Guardtime, Cambridge Bl …
FinTech Blockchain Market: The extensive research on FinTech Blockchain Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on FinTech Blockchain Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the market, such as market rate, estimated…
Blockchain Security Market Set for Explosive Growth | DMG Blockchain Solutions, …
Global Blockchain Security Market Growth (Status and Outlook) 2021-2026 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Blockchain Security Market. Some of the key players profiled in the study are Oracle, IBM, Kaspersky, Gemalto,…
Impact of Outbreak of Coronavirus (Covid-19) on Blockchain in IOT Market by 2027 …
The Blockchain in IOT market is expected to garner $6000 million and rise at a CAGR of 70% during the forecast period from 2019 to 2027.
A new market report titled “Blockchain in IOT Market” has been added to the repository of Research N Reports. This report provides comprehensive assessment of the current trends, restrains and futuristic opportunities, which are anticipated to provide lucrative avenues for market proliferation. An in-depth description…
Oodles Blockchain Uses Top Blockchain Platforms To Expedite Blockchain Adoption
With an aim to leverage the blockchain technology to change the centralized system and make it decentralized, Oodles Blockchain has decided to use top blockchain platforms to develop consumer-based blockchain applications.
Oodles Blockchain, a micro-website of Oodles Technologies, developed mainly to focus on blockchain technology, is delighted to announce that it will be expanding its horizon of blockchain development services by using a few latest open source blockchain platforms like…
