The market of devices for using blockchain

The market of devices for using blockchain

The market of devices for using blockchain In the coming years, the market for blockchain devices will see its CAGR increase by 42.5% and reach $ 1,285 million in 2024. For comparison, the market volume in 2019 was $ 300 million. Blockchain-based devices that use wireless communication to transmit data — for example, smartphones with blockchain, hardware wallets with cryptocurrency, and retail outlets-are expected to see the greatest growth in them. However, they will be accompanied by blockchain gateways and pre-configured devices adopted in the banking, government, automotive, telecommunications and other industries.

Blockchain-based devices that use wireless communication to transmit data — for example, smartphones with blockchain, hardware wallets with cryptocurrency, and retail outlets-are expected to see the greatest growth in them. However, they will be accompanied by blockchain gateways and pre-configured devices adopted in the banking, government, automotive, telecommunications and other industries.

In the coming years, the market for blockchain devices will see its CAGR increase by 42.5% and reach $ 1,285 million in 2024. For comparison, the market volume in 2019 was $ 300 million. Blockchain-based devices that use wireless communication to transmit data — for example, smartphones with blockchain, hardware wallets with cryptocurrency, and retail outlets-are expected to see the greatest growth in them. However, they will be accompanied by blockchain gateways and pre-configured devices adopted in the banking, government, automotive, telecommunications and other industries.
10.02.2024
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