The blockchain devices Global Market Size, Growth Report Analysis 2032

The Blockchain Devices Global Market Report 2023 by The Business Research Company, provides blockchain devices market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.

 

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According to The Business Research Company’s Blockchain Devices Global Market Report 2023, the market size will grow from $0.67 billion in 2022 to $0.96 billion in 2023 at a compound annual growth rate (CAGR) of 43.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the blockchain devices is expected to grow to $4.07 billion in 2027 at a CAGR of 43.6%.

The increasing investments in blockchain technology are significantly contributing to the growth of the blockchain devices market. There has been an increase in adoption and implementation of real-world blockchain solutions across a wide range of industries and businesses. Organizations have expanded their investments in blockchain technology, proving their dedication to the technology.

 

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The blockchain devices market is segmented:

1) By Type: Blockchain Smartphones, Crypto Hardware Wallets, Crypto Automated Teller Machines (ATMs), Point of Sales (POS) Terminals
2) By Connectivity: Wired, Wireless
3) By Application: Personal, Corporate
4) By End User: Consumer, BFSI, Government, Retail & E-commerce, Travel & Hospitality, Automotive, Transportation & Logistics, IT & Telecommunication, Others (Energy & Utilities, Education, Agriculture, Healthcare, Manufacturing).

The adoption of wireless communication technology is a key trend gaining popularity in the blockchain devices market. Organizations are adopting next-generation wireless technologies believe to gain competitive advantage and enable innovation. For instance, according to a Deloitte survey in June 2020, networking executives view advanced wireless technologies as increasingly critical to their enterprise success. 86% of networking executives surveyed believed that advanced wireless will transform their company in three years. Furthermore, 57% percent respondents reported that their organization is currently in the process of adopting 5G and/or Wi-Fi 6, and 37% plan to adopt these technologies within the next year.

The blockchain devices market report table of contents includes:
1. Executive Summary
2. Blockchain Devices Market Characteristics
3. Blockchain Devices Market Trends And Strategies
4. Blockchain Devices Market – Macro Economic Scenario
5. COVID-19 Impact On Blockchain Devices Market
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26. Africa Blockchain Devices Market
27. Blockchain Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Blockchain Devices Market
29. Blockchain Devices Market Future Outlook and Potential Analysis
30. Appendix

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