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1. BLOCKCHAIN
DEVICES MARKET
2022-2028

2. MARKET DEFINITION
Blockchain Devices Market Size was valued at USD 0.51 billion in 2021, and is expected to
reach USD 4.5 billion by 2028, and grow at a CAGR of 36.5% over the forecast period 2022-2028.
Blockchain devices are hardware and software components that enable blockchain technology.
Blockchain technology has a variety of applications such as split cryptocurrency, trading and
payment processing. They are used in smart electrical devices such as automobiles, personal
identification among other things. Blockchain devices ensure high security encryption, which has
led to an increase in their global demand. Blockchain devices come in a variety of forms, including
Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, and POS Devices, among
others. In addition, advances in wireless technology such as Wi-Fi, Bluetooth, NFC and others add
to the benefits of technology, thus increasing the market demand for blockchain devices worldwide.

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4. Market Dynamics
• Rapid adoption of blockchain technology in
retail and supply chain management
applications.
KEY DRIVERS
• Lack of understanding, comprehension, and
user experience with blockchain technology.
RESTRAINTS
• Blockchain technology is being integrated with
the Internet of Things (IoT), artificial
intelligence (AI), and the cloud.
OPPORTUNITY

5. MARKET SEGMENTATION
By Application
ØCorporate
ØPersonal
BY END USER
ØConsumer
ØGovernment
ØTravel & Hospitality
ØTransportation & Logistics
ØBFSI
ØRetail & E-commerce
ØAutomotive
ØIT & Telecommunication
ØOthers
By CONNECTIVITY
ØWired
ØWireless
BY COMPONENT
ØCrypto Hardware Wallets
ØBlockchain Smartphones
ØCrypto ATMs
ØBlockchain IoT Gateways
ØPOS Devices
ØOther

6. MARKET SIZE
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7. REGIONAL COVERAGE
Global
North
America
Europe
APAC
Middle
East
Africa
Latin
America

8. About US
SNS Insider is a market research company that helps clients looking to grow by giving them
strategies based on facts. With our headquarters in India, we've grown to help our clients find new
ways to grow all over the world.
We offer our clients an integrated data and research solution drawing on the company’s three
core competencies:
1. Syndicate 2. Custom 3. Consulting
Our staff of Field Interviewers takes care of the whole research process, from getting the first-
hand information to writing the final report. Our researchers and analysts work together to look
at all of the data and results of a study. SNS has built a proprietary market size model for every
business sector on our custom-built data platform. Our consultants also help clients figure out
how to use the results and suggestions of research in their own businesses.

9. Contact Us
Akash Anand
Head of Business Development &
Strategy
info@snsinsider.com
IND: +91-7798602273
US: +1-415-230-0044