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Global Blockchain Devices Industry Expected to Reach $5.6 Billion by 2027

2022/11/24 20:36

ResearchAndMarkets has released the "Blockchain Devices: Global Strategic Business Report", which shows that the global blockchain devices market is estimated at USD 648 million in 2020 and is expected to reach USD 5.6 billion by 2027, growing at a CAGR of 35.9 % CAGR growth. Crypto hardware wallets are expected to grow at a CAGR of 35.7 % to reach USD 3.8 billion by the end of the analysis period. The growth of the crypto ATM segment has been recalibrated to a revised 39.1 % CAGR over the next 7-year period, taking into account the ongoing recovery following the pandemic. The US market is estimated at US$195.3 million, while the Chinese market is expected to grow at a CAGR of 34.8%.
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