Blockchain Devices Global Market is estimated to grow at a 44% rate
Blockchain Devices Global Market Report 2022 – Market Size, Trends and Global Forecast 2022-2026
Business Research Company’s Blockchain Devices Global Market Report 2022: Market Size, Trends and Forecast to 2026
LONDON, GREATER LONDON, United Kingdom, Oct. 06, 2022 /EINPresswire.com/ — According to The Business Research Company’s “Blockchain Devices Global Market Report 2022”, the blockchain devices market size is expected to grow from $0.47 billion in 2021 to 0 .67 billion by 2022 at a compound annual growth rate (CAGR) of 42.94%. The global blockchain device market size is expected to grow to USD 2.84 billion by 2026 at a CAGR of 43.66%. The increasing investments in blockchain technology are significantly contributing to the growth of the blockchain device market.
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Key trends in the blockchain device market
The use of wireless communication technology is a key trend gaining popularity in the blockchain device market. Organizations are adopting next-generation wireless technologies that believe they can achieve competitive advantage and enable innovation. For example, according to a Deloitte survey in June 2020, network managers view advanced wireless technology as increasingly critical to business success. 86% of network executives surveyed believed that advanced wireless will transform their company in three years. Furthermore, 57% percent of respondents reported that their organization is currently adopting 5G and/or Wi-Fi 6, and 37% plan to adopt these technologies within the next year.
Overview of the Blockchain Devices Market
The blockchain device market consists of the sale of blockchain devices and related services by entities (organizations, sole traders and partnerships), which is referred to as a decentralized architecture with built-in security to improve transaction trust and integrity. After the Internet, blockchain has revolutionized the exchange of information and media. Blockchain technology is widely seen as a game-changing breakthrough and the herald of a new economic era.
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Blockchain Devices Global Market Report 2022 from TBRC covers the following information:
Market size data
• Forecast period: Historical and future
• By region: Asia Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Market segmentation
• By Type: Blockchain Smartphones, Crypto Hardware Wallets, Crypto Automated Teller Machines (ATMs), Point of Sale (POS) Terminals
• When connecting: Wired, wireless
• By application: Personal, Company
• By End User: Consumer, BFSI, Government, Retail & E-Commerce, Travel & Hospitality, Automotive, Transport & Logistics, IT & Telecom, Others (Energy & Utilities, Education, Agriculture, Healthcare, Manufacturing)
• By Geography: The global blockchain device market is segmented into North America, South America, Asia Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest share in the market.
Major market players such as Ledger, SatoshiLabs, SIRIN LABS, Pundi X, Genesis Coin, GENERAL BYTES, HTC, RIDDLE&CODE, ShapeShift, Bitaccess, Coinsource, Samsung, Infineon Technologies, Helium Systems, AVADO, Lamassu Industries, SafePal, PAYMYNT, NXM Labs, Blockchain Luxembourg SA, Tangem, Filament, Sikur, Covault, ELLIPAL, IBM Corporation and Microsoft.
Trends, opportunities, strategies and much more.
Blockchain Devices Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides an overview of the global market for blockchain devices. The market report analyzes global blockchain devices market size, global blockchain devices market growth drivers, global blockchain devices market segments, major players in the world blockchain devices market, global blockchain devices market growth across geographies, and competitors’ global market revenue and market positioning to blockchain entities. The global blockchain devices market report allows you to gain insight into opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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The Business Research Company has published over 3,000 industry reports, covering over 3,000 market segments and 60 geographies. The reports are based on 150,000 data sets, extensive secondary research and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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Oliver Guirdham
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