Global Blockchain Devices
Market Report
2025
The global Blockchain Devices market size is USD 4.7 billion in 2024. The Blockchain Devices market will show strongest growth with a compound annual growth rate (CAGR) of 25.3% from 2024 to 2031. This growth can be attributed to the growing investment and adoption of blockchain technology.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Blockchain Devices market size is USD 4.7 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 25.3% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Blockchain Devices Market Sales Revenue | 121212 | 121212 | 121212 | 25.3% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Component |
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Market Split by Application |
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Market Split by Connectivity |
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Market Split by End-User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Blockchain Devices industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Blockchain Devices Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Blockchain Devices, also referred to as a decentralized design with built-in safety to improve transaction reliance and honesty. Blockchain has transformed the conversation of information and media. In the latest economic era, blockchain technology is described as a game-changing breakthrough. Several reasons are expected to propel the Blockchain Devices industry to a substantial expansion in the future years. Rising investment in blockchain technology is the main force propelling its expansion. The requirement for developers of blockchain applications and devices has increased significantly as a result of the increasing demand for decentralized financial solutions and the incorporation of blockchain technology into various organizations. Since there are more drivers, the Blockchain Devices market is growing.
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In December 2023, RYVYL, a Blockchain ledger-based payment platform, joined hands with distributed ledger technology company R3. This partnership resulted in the launch of 'RYVL Block,' a Blockchain-as-a-service platform. The platform's goal is to make blockchain technology more accessible to organizations with large manufacturing facilities.
(Source: https://www.pymnts.com/blockchain/2023/ryvyl-and-r3-launch-blockchain-as-a-service-platform/)
Top Companies Market Share in Blockchain Devices Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 42% of the global revenue. North America emerged as the dominant region in the Blockchain Devices market due to the rising adoption and availability of blockchain-related financial ventures and the Big Tech businesses offering a competitive advantage in the country's growth.
Asia-Pacific stands out as the fastest-growing region in the Blockchain Devices market due to the increasing government initiatives, favorable regulatory environment, and the rising demand from the middle class for financial services. More and more Blockchain Devices are being implemented to boost operational efficiency, thanks to the government's investment in Blockchain technology. This is fueling the expansion of businesses in this industry.
The current report Scope analyzes Blockchain Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Blockchain Devices Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Blockchain Devices Industry growth. Blockchain Devices market has been segmented with the help of its Component, Application Connectivity, and others. Blockchain Devices market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The Blockchain Devices market is typically segmented by Component, which play a significant role in determining the structure and growth potential of the industry. Understanding the market by Component allows businesses to focus on specific product categories that are likely to perform the best in the coming years. By understanding the performance and demand trends of each type, companies can target the most lucrative segments, innovate within specific categories, and develop products or services that align with the needs of their target customers. Analyzing the growth patterns by type helps to pinpoint which segments are most likely to grow at an accelerated pace and which ones might experience slower or stagnant growth.
Component of Blockchain Devices analyzed in this report are as follows:
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Market segmentation by Application is another crucial element in understanding the dynamics of the Blockchain Devices industry. Applications refer to the specific uses or end-user industries that drive demand for the Blockchain Devices products or services. These can vary widely, depending on the nature of the market, ranging from healthcare, manufacturing, and retail to more specialized sectors like aerospace, automotive, and telecommunications. By breaking down the market according to its applications, businesses can gain insight into which industries are adopting Blockchain Devices-related solutions most effectively, and where new opportunities are emerging.
Moreover, analyzing application trends helps in recognizing which industries are growing faster, where innovations are occurring, and which markets are saturated, allowing businesses to strategically position themselves in the most promising areas of the market. Get in touch with us to receive industry-specific insights tailored to your needs
Some of the key Application of Blockchain Devices are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to cognitive market research, BFSI is the dominant category. BFSI encompasses the use of Blockchain devices for cross-border payments and settlements, trade finance, post-trade settlements, identity management, and asset tracking. Moreover, due to the rising adoption of digital ledger services and solutions by BFSI to optimize business processes and reduce the operational costs dominate the BFSI segment .
Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Blockchain Devices Market is witnessing significant growth in the near future.
In 2023, the Hardware Wallets segment accounted for noticeable share of global Blockchain Devices Market and is projected to experience significant growth in the near future.
The Personal segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Ledger (France) , SIRIN LABS (Switzerland) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Component | Hardware Wallets, Smartphones, Crypto ATMs, IoT Gateways, Other Devices |
Application | Personal, Corporate |
Connectivity | Wired Devices, Wireless Devices |
End-User | BFSI, Government, Consumer, Retail & E-Commerce, Automotive, Travel & Hospitality, Transportation & Logistics, IT & Telecommunication |
List of Competitors | Ledger (France), SatoshiLabs (Czech Republic), SIRIN LABS (Switzerland), Pundi X (Singapore), Genesis Coin (US), GENERAL BYTES (Czech Republic), HTC (Taiwan), RIDDLE&CODE (Austria), ShapeShift (UK), Bitaaccess (Canada), Coinsource (US), Samsung (South Korea), Infineon Technologies (Germany), Helium Systems (US), AVADO (Switzerland), Lamassu Industries (Switzerland), Tangem (Switzerland) |
This chapter will help you gain GLOBAL Market Analysis of Blockchain Devices. Further deep in this chapter, you will be able to review Global Blockchain Devices Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Blockchain Devices. Further deep in this chapter, you will be able to review North America Blockchain Devices Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Blockchain Devices. Further deep in this chapter, you will be able to review Europe Blockchain Devices Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Blockchain Devices. Further deep in this chapter, you will be able to review Asia Pacific Blockchain Devices Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Blockchain Devices. Further deep in this chapter, you will be able to review South America Blockchain Devices Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Blockchain Devices. Further deep in this chapter, you will be able to review Middle East Blockchain Devices Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Blockchain Devices. Further deep in this chapter, you will be able to review Middle East Blockchain Devices Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Blockchain Devices. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Component Analysis 2019 -2031, will provide market size split by Component. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Component Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Connectivity Analysis 2021 - 2033
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Chapter 13 Market Split by End-User Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Blockchain Devices market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Hardware Wallets have a significant impact on Blockchain Devices market? |
What are the key factors affecting the Hardware Wallets and Smartphones of Blockchain Devices Market? |
What is the CAGR/Growth Rate of Personal during the forecast period? |
By type, which segment accounted for largest share of the global Blockchain Devices Market? |
Which region is expected to dominate the global Blockchain Devices Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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