With Market Size Valued at $2.2 Billion by 2026, it's a Healthy Outlook for the Global Blockchain Devices Market

SAN FRANCISCO, Aug. 26, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Blockchain Devices - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 702
Companies: 32 - Players covered include Avado; Bitaccess; Blockchain Luxembourg S.A; Coolbitx; Covault; Ellipal Limited; Filament; General Bytes R.O.; Genesis Coin Inc.; HTC and Others.
Coverage: All major geographies and key segments
Segments: Type (Crypto Hardware Wallets, Blockchain Smartphones, Crypto ATMs, POS Devices, Other Types); Connectivity (Wired, Wireless); Application (Corporate, Personal)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Blockchain Devices Market to Reach $2.2 Billion by 2026
Amid the COVID-19 crisis, the global market for Blockchain Devices estimated at US$334.1 Million in the year 2020, is projected to reach a revised size of US$2.2 Billion by 2026, growing at a CAGR of 36.7% over the analysis period. Crypto Hardware Wallets, one of the segments analyzed in the report, is projected to record a 35.8% CAGR and reach US$1.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Blockchain Smartphones segment is readjusted to a revised 34.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $131.4 Million in 2021, While China is Forecast to Reach $329.9 Million by 2026
The Blockchain Devices market in the U.S. is estimated at US$131.4 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$329.9 Million by the year 2026 trailing a CAGR of 34.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 33% and 31% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 24.8% CAGR.

Crypto ATMs Segment to Reach US$386.6 Million by the year 2026
In the global Crypto ATMs segment, USA, Canada, Japan, China and Europe will drive the 37.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$39.2 Million in the year 2020 will reach a projected size of US$362.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

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Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.