End-user segments of the blockchain IoT market include automotive, supply chain and logistics, manufacturing, healthcare, construction, retail, government, energy and utility, and others. In 2022, the construction category dominated the market. Blockchain technology makes smart home products immutable and resistant to hackers. Building owners may also utilise blockchain technology to securely offer third parties access to certain rooms and devices rather than providing complete access. Improving market effectiveness also improves facility management. The healthcare industry is predicted to develop at the quickest CAGR throughout the projection period. Because of the growth of legislation safeguarding consumer data, the healthcare industry is embracing blockchain technology at a quicker rate.
One of the most difficult issues in modernising transaction systems is regulatory approval. The absence of laws and the related uncertainty are the most significant barriers to blockchain implementation across most industries. Some nations prohibit the use of ICOs. Regulatory agencies must comprehend what gaps exist in present regulations and how they affect overall technology applications. Financial institutions all across the world are working to develop uniform standards for blockchain technology.
The distributed ledger technology is still in its early stages, which poses certain concerns for regulators and policymakers at both the national and international levels. Because the whole system cannot be controlled, regulators are sceptical of the blockchain IoT technology’s potential. Only technological use cases are subject to regulation. Payments, smart contracts, documentation, and digital identity are a few examples. The regulatory position of blockchain technology remains ambiguous due to challenges such as standardisation and interoperability. The blockchain market is being impacted by ambiguous rules.
The segmentation coverage of the study is provided below.
Blockchain Devices Market based on Offering:
- Hardware
- Software
- Services
Blockchain Devices Market based on Application:
- Data Sharing
- Smart Homes
- Data Security
- Smart Contracts
- Asset Tracking and Management
- Others
Blockchain Devices Market based on End User:
- Supply Chain and Logistics
- Automotive
- Healthcare
- Manufacturing
- Retail
- Construction
- Government
- Energy and Utility
- Others
Blockchain Devices Market based on Geography:
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe (RoE)
- Asia Pacific (APAC)
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific (RoAPAC)
- Latin America (LATAM)
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa (MEA)
- UAE
- Turkey
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
During the Forecast Period, Blockchain Smartphone is predicted to dominate the Global Blockchain Devices Market. In essence, a built-in ‘hardware wallet’ on blockchain devices provides additional security for bitcoin holders. This wallet acts as an offline digital safe, protecting and encrypting sensitive personal information like bitcoin keys.
During the forecast period, Crypto ATMs are predicted to have a considerable share and quick expansion in the Global Blockchain Devices Market. Recent advancements in crypto ATM software and support for many cryptocurrencies have increased demand for crypto ATMs. Other factors driving business growth include increased revenue stability in the face of cryptocurrency volatility, the ability to buy and sell cryptocurrencies from anywhere, and anti-money laundering (AML) capabilities. The growth in cryptocurrency market capitalization and initial coin offers (ICO) is another major driving factor for the expected expansion of the crypto ATMs category throughout the projection period. Businesses have begun to employ cryptocurrency ATMs in retail places, acknowledging the potential of blockchain devices to provide better customer experiences.
During the forecast period, Wired Connectivity is estimated to dominate the Global Blockchain Devices Market. Blockchain devices are still in their early stages, with the vast majority of first-generation devices being wired. The growing market for bitcoin ATMs is a significant driver for the wired category. Pre-configured devices, such as blockchain computers, are also linked. Users may make secure digital transactions on the blockchain by connecting a connected hardware wallet to a personal computer.
During the forecast period, wireless connectivity is predicted to increase rapidly in the Global Blockchain Devices Market. As blockchain hardware progresses, wireless blockchain devices are gaining popularity and market share. Wired connectivity is in high demand in the blockchain device market because it delivers a higher-quality, constant connection than wireless connectivity. The growing installation of crypto ATMs throughout the world is expected to push the market for this category even further.
During the forecast period, the consumer sector is likely to dominate the Global Blockchain Devices Market. The increasing use of cryptocurrencies, as well as enterprises’ acceptance of cryptocurrencies as a payment mechanism, has caused a split. As a result, consumers and businesses are more inclined to conduct transactions using cryptocurrencies, driving the blockchain device sector ahead. As a consequence of rising need for improved inventory management, the consumer products industry is expanding. The necessity to build cost-effective worldwide business strategies for enhancing efficiency is also driving the industry’s adoption of blockchain-enabled supply chain solutions.
- This report illustrates the most vital attributes of the Blockchain Devices Market, which are driving and providing opportunities.
- This research gives an in-depth analysis of the Blockchain Devices Market growth on the basis of several segments in the market.
- This report presents the predictions of the past and present trends of the Blockchain Devices Market.
- This study also presents the competitive analysis, such as key strategies and capabilities of major players of the Blockchain Devices Market.
List of Tables
TABLE 1. BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERING, 2021-2030 (USD BILLION)
TABLE 2. BLOCKCHAIN DEVICES MARKET VALUE FOR HARDWARE, BY GEOGRAPHY , 2021-2030 (USD BILLION)
TABLE 3. BLOCKCHAIN DEVICES MARKET VALUE FOR SOFTWARE, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 4. BLOCKCHAIN DEVICES MARKET VALUE FOR SERVICE, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 5. BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 6. BLOCKCHAIN DEVICES MARKET VALUE FOR DATA SHARING, 2021-2030 (USD BILLION)
TABLE 7. BLOCKCHAIN DEVICES MARKET VALUE FOR SMART HOME, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 8. BLOCKCHAIN DEVICES MARKET VALUE FOR DATA SECURITY, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 9. BLOCKCHAIN DEVICES MARKET VALUE FOR SMART CONTRACTS, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 10. BLOCKCHAIN DEVICES MARKET VALUE FOR ASSETS TRACKING AND MANAGEMENT, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 11. BLOCKCHAIN DEVICES MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 12. BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 13. BLOCKCHAIN DEVICES MARKET VALUE FOR SUPPLY CHAIN AND LOGISTICS, 2021-2030 (USD BILLION)
TABLE 14. BLOCKCHAIN DEVICES MARKET VALUE FOR AUTOMOTIVE, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 15. BLOCKCHAIN DEVICES MARKET VALUE FOR HEALTHCARE, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 16. BLOCKCHAIN DEVICES MARKET VALUE FOR MANUFACTURING, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 17. BLOCKCHAIN DEVICES MARKET VALUE FOR RETAIL, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 18. BLOCKCHAIN DEVICES MARKET VALUE FOR CONSTRUCTION, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 19. BLOCKCHAIN DEVICES MARKET VALUE FOR GOVERNMENT, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 20. BLOCKCHAIN DEVICES MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 21. NORTH AMERICA BLOCKCHAIN DEVICES MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 22. NORTH AMERICA BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 23. NORTH AMERICA BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 24. NORTH AMERICA BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 25. U.S BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 26. U.S BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 27. U.S BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 28. U.S BLOCKCHAIN DEVICES MARKET VALUE, BY DISEASE INDICATION, 2021-2030 (USD BILLION)
TABLE 29. CANADA BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 30. CANADA BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 31. CANADA BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 32. MEXICO BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 33. MEXICO BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 34. MEXICO BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 35. EUROPE BLOCKCHAIN DEVICES MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 36. EUROPE BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 37. EUROPE BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 38. EUROPE BLOCKCHAIN DEVICES MARKET VALUE, END USE INDUSTRIES, 2021-2030 (USD BILLION)
TABLE 39. GERMANY BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 40. GERMANY BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 41. GERMANY BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 42. U.K BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 43. U.K BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 44. U.K BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 45. FRANCE BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 46. FRANCE BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 47. FRANCE BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 48. ITALY BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 49. ITALY BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 50. ITALY BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 51. SPAIN BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 52. SPAIN BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 53. SPAIN BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 54. ROE BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 55. ROE BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 56. ROE BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 57. ASIA PACIFIC BLOCKCHAIN DEVICES MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 58. ASIA PACIFIC BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 59. ASIA PACIFIC BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 60. ASIA PACIFIC BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 61. CHINA BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 62. CHINA BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 63. CHINA BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 64. INDIA BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 65. INDIA BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 66. INDIA BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 67. JAPAN BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 68. JAPAN BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 69. JAPAN BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 70. REST OF APAC BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 71. REST OF APAC BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 72. REST OF APAC BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 73. LATIN AMERICA BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 74. LATIN AMERICA BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 75. LATIN AMERICA BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 76. BRAZIL BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 77. BRAZIL BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 78. BRAZIL BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 79. ARGENTINA BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 80. ARGENTINA BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 81. ARGENTINA BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 82. MIDDLE EAST AND AFRICA BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 83. MIDDLE EAST AND AFRICA BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 84. MIDDLE EAST AND AFRICA BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 85. SAUDI ARABIA BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 86. SAUDI ARABIA BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 87. SAUDI ARABIA BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 88. UAE BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 89. UAE BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 90. UAE BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 91. REST OF MIDDLE EAST AND AFRICA BLOCKCHAIN DEVICES MARKET VALUE, BY OFFERINGS, 2021-2030 (USD BILLION)
TABLE 92. REST OF MIDDLE EAST AND AFRICA BLOCKCHAIN DEVICES MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 93. REST OF MIDDLE EAST AND AFRICA BLOCKCHAIN DEVICES MARKET VALUE, BY END USER, 2021-2030 (USD BILLION)
TABLE 94. LEDGER SAS: FINANCIALS
TABLE 95. LEDGER SAS: PRODUCTS & SERVICES
TABLE 96. LEDGER SAS: RECENT DEVELOPMENTS
TABLE 97. PUNDI X LABS PRIVATE LIMITED: FINANCIALS
TABLE 98. PUNDI X LABS PRIVATE LIMITED: PRODUCTS & SERVICES
TABLE 99. PUNDI X LABS PRIVATE LIMITED: RECENT DEVELOPMENTS
TABLE 100. RIDDLE&CODE: FINANCIALS
TABLE 101. RIDDLE&CODE: PRODUCTS & SERVICES
TABLE 102. RIDDLE&CODE: RECENT DEVELOPMENTS
TABLE 103. SIRIN LABS: FINANCIALS
TABLE 104. SIRIN LABS: PRODUCTS & SERVICES
TABLE 105. SIRIN LABS: RECENT DEVELOPMENTS
TABLE 106. AVADO: FINANCIALS
TABLE 107. AVADO: PRODUCTS & SERVICES
TABLE 108. AVADO: RECENT DEVELOPMENTS
TABLE 109. LAMASSU INDUSTRIES AG: FINANCIALS
TABLE 110. LAMASSU INDUSTRIES AG: PRODUCTS & SERVICES
TABLE 111. LAMASSU INDUSTRIES AG: RECENT DEVELOPMENTS
TABLE 112. SATOSHILABS: FINANCIALS
TABLE 113. SATOSHILABS: PRODUCTS & SERVICES
TABLE 114. SATOSHILABS: DEVELOPMENTS
TABLE 115. BLOCKCHAIN LUXEMBOURG S.A: FINANCIALS
TABLE 116. BLOCKCHAIN LUXEMBOURG S.A: PRODUCTS & SERVICES
TABLE 117. BLOCKCHAIN LUXEMBOURG S.A: RECENT DEVELOPMENTS
TABLE 118. HTC CORPORATION: FINANCIALS
TABLE 119. HTC CORPORATION: PRODUCTS & SERVICES
TABLE 120. HTC CORPORATION: RECENT DEVELOPMENTS
TABLE 121. FILAMENT: FINANCIALS
TABLE 122. FILAMENT: PRODUCTS & SERVICES
TABLE 123. FILAMENT: RECENT DEVELOPMENTS
