Hardware Wallet Market to witness growth by 2028 | Drivers and Opportunities| Key player Analysis ShapeShift, Shift Crypto AG, Sunmi Technology Co Ltd

Global Hardware Wallet Market is accounted for $213.78 million in 2020 and is expected to reach $1,465.10 million by 2028 growing at a CAGR of 27.2% during the forecast period. Increasing investments in cryptocurrency and a growing focus on security are the major factors propelling the market growth.

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By geography, the Asia Pacific is going to have lucrative growth due to the increasing implementation of cryptocurrency. The region is also innovating NFC hardware wallets, which are also emerging in the global market.

Some of the key players profiled in the Hardware Wallet Market include ARCHOS, BitLox Limited, Coinkite Inc, CoolBitX Technology Ltd, Ellipal Limited, KeepKey LLC, Ledger SAS, OPOLO SARL, Penta Security Systems Inc, Satoshi Labs SRO, ShapeShift, Shift Crypto AG, Sugi, and Sunmi Technology Co Ltd.

Connection Types Covered in Hardware Wallet Market
• Near Field Communication (NFC)
• Bluetooth
• Universal Serial Bus (USB)
• Multi-Mode

Types Covered:
• Cold Wallet
• Hot Wallet

Distribution Channels Covered:
• Online
• Offline

Hybrid Settings Covered:
• Hardware Protocol
• Human Protocol
• Client Protocol

Attacks Covered:
• Address Generation Attack
• Payment Attack
• Privacy Loss
• Chain Attack

End Users Covered:
• Enterprise
• Individual
• Commercial
• Real Estate
• Banking, Financial Services and Insurance (BFSI)

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