Blockchain Devices Market

Ledger SAS. (France) and HTC (Taiwan) are Leading Players in the Blockchain Devices Market

The blockchain devices market is projected to grow from USD 218 million in 2019 to USD 1,285 million by 2024, at a CAGR of 42.5% from 2019 to 2024. Some of the major growth drivers for this market include rising adoption of blockchain technology in retail & supply chain management, increasing venture capital funding, and growing market cap for cryptocurrency and Initial Coin Offering (ICO). One of the key opportunities for the market is the increasing acceptance of cryptocurrency across various industries and regions. Whereas, major factors restraining the market growth include uncertain regulations & compliances and lack of awareness.

Ledger SAS (France), HTC Corporation (Taiwan), Pundi X Labs Private Limited (Singapore), Filament (US), GENERAL BYTES R.O. (Czech Republic), RIDDLE&CODE (Austria), AVADO (Switzerland), Sikur (US), SIRIN LABS (Switzerland), Blockchain Luxembourg S.A. (UK), SatoshiLabs (Czech Republic), Genesis Coin Inc. (US), and Lamassu Industries AG (Switzerland) are some of the major players in the blockchain devices market.

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Top 2 players in Blockchain Devices Market:

Ledger SAS. (France)

Ledger is one of the leading players in crypto hardware wallets. The company sold millions of products in the last three years. It is also introducing various innovative wallets in terms of usage as well as connectivity. Recently, in 2019, the company launched a new product, Ledger Nano X. This new product is similar to Nano S, but Bluetooth connectivity is the added feature in it. Users will be able to connect with their computers wirelessly, and Ledger’s Live Mobile app will be able to send and receive cryptocurrencies via phones.

HTC (Taiwan)

HTC has introduced new blockchain-based smartphones in the market with different features. The EXODUS 1 is a secure gateway to blockchain; it helps protect crypto assets. HTC’s Project Exodus is a smartphone solution that is expected to power the decentralized web. Through Exodus, HTC is investing in the development and implementation of blockchain technology that will help secure data storage and transactions. Additionally, the company is planning to launch EXODUS-2 by the end of 2019.

Related Reports:

Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography - Global Forecast to 2024

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Report Code
SE 7335
RI Published ON
9/3/2019
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