United States Hardware Wallet Markets, Competition, Forecast & Opportunities, 2022-2028: Increasing Investments in Cryptocurrency Based Devices and Increasing Use of NFC - ResearchAndMarkets.com
United States Hardware Wallet market is anticipated to grow at double digit CAGR of 26.5% with demand for highly transparent distributed ledger technology in the commercial sector driving market growth.
- United States Hardware Wallet market is anticipated to grow at double digit CAGR of 26.5% with demand for highly transparent distributed ledger technology in the commercial sector driving market growth.
- Also, a massive increase in investments in hardware powered by cryptocurrencies is anticipated to drive the hardware wallet market's growth.
- A hardware wallet is one of the critical components of a blockchain database designed to store a user's private keys in a secure wallet.
- The market for hardware wallets is anticipated to be constrained given the rules already in place against cryptocurrencies hence hindering the growth of United States hardware wallet market.