Global Crypto Wallet Market 2024-2028
The crypto wallet market is forecasted to grow by USD 474 mn during 2023-2028, accelerating at a CAGR of 18.55% during the forecast period. The report on the crypto wallet market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by peoples inclination towards digital currency, increasing demand for cryptocurrencies globally, and usage and awareness regarding benefits of using cryptocurrencies.
Technavio's crypto wallet market is segmented as below:
By Product
- Software-based
- Hardware-based
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing availability of crypto wallets as one of the prime reasons driving the crypto wallet market growth during the next few years. Also, crypto wallets allow users to send and receive various cryptocurrencies and technological innovations and advancements in crypto world will lead to sizable demand in the market.
The report on the crypto wallet market covers the following areas:
- Crypto wallet market sizing
- Crypto wallet market forecast
- Crypto wallet market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading crypto wallet market vendors that include ARCHOS SA, Binance Holdings Ltd., BitGo Inc., BitLox Ltd., BitPay Inc., Bittrex Global GmbH, Breadwinner AG, Coinkite Inc., CoolBitX Ltd., ELLIPAL Ltd., Exodus Movement Inc., Gemini Trust Co. LLC, iFinex Inc., Ledger SAS, OPOLO SARL, SecuX Technology Inc., ShapeShift AG, Shift Crypto AG, Sofitto NV, and Trezor Company sro. Also, the crypto wallet market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.