Hardware Wallet Market Outlook 2026 By Connection Type, Size, Share, Trends, Technology
According to TechSci Research, Global hardware wallet market stood at USD198.84 million in 2020 and is forecast to grow at a CAGR of over 10.12% by 2026 due to the rising demand for safety and security for storing various cryptocurrencies for the future investments. This growth is on the account of the increasing need for security and transparency along with the rising demand for the usage of cryptocurrencies in emerging countries across the world in the forecast years . Global hardware wallet market can be segmented into connection type, distribution channel, end-user and region. On the basis of connection type, the global hardware wallet market can be divided as Near Field Communication, USB and Bluetooth, where the Near Field Communication segment accounted for the market share of 46.7% in 2020 due to its convenience and versability during any transfer processes. In terms of distribution channel , the global hardware wallet market is segmented int...