Global Crypto Wallet Market Size, Share, Growth Analysis, By Type (Software Wallets - Web (Or Crypto Exchange) Wallets, Mobile Wallets), By Downstream Fields (Hot Wallets, Cold Wallets), By End-User (Trading, E-Commerce)

Description

Crypto Wallet Market size was valued at USD 6.75 billion in 2021 and is poised to grow from USD 8.42 billion in 2022 to USD 61.87 billion by 2030, growing at a CAGR of 24.8% in the forecast period (2023-2030).

The global crypto wallet market is experiencing significant growth due to the increasing adoption of cryptocurrencies worldwide. Crypto wallets are digital wallets that allow users to securely store and manage their digital assets. The market is driven by factors such as the rising popularity of decentralized finance (DeFi) and the growing acceptance of cryptocurrencies in various sectors. Additionally, the advancements in technology and the increasing number of smartphone users are contributing to the expansion of the global crypto wallet market.

Top-down and bottom-up approaches were used to estimate and validate the size of Crypto Wallet In Manufacturing Industry and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments covered in this report:

The Global Crypto Wallet Market is segmented based on the Type, Downstream Fields, End-User and region. Based on the Type, the market is segmented into SoftwareWallets, Hardware Wallets and Paper Wallets. The Software Wallets further segmented into Web (Or Crypto Exchange) Wallets, Mobile Wallets, and Desktop Wallets. Based on the Downstream Fields, the market is bifurcated into Hot Wallets, Cold Wallets. Based on the End user, the market is segmented into Trading, E-Commerce and Retail, Peer-To-Peer Payment, Remittance. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Driver

The tremendous demand for cryptocurrencies worldwide is a significant driving force behind the growth of the crypto wallet market. Cryptocurrencies are gaining popularity worldwide due to their exceptional qualities and technologies. The increasing adoption of digital currency in developed nations like the United States, Europe, and Japan indicates a growing inclination towards their usage. Consequently, public awareness of cryptocurrencies is significantly increasing.

Restrain

The high cost of crypto wallets could potentially hinder the growth of the market. These wallets can range in price from zero dollars to over two hundred dollars. In addition, when a wallet is used to facilitate a transaction, it is typically subject to either a fixed fee or a percentage-based fee that is proportionate to the total value of the transaction.

Trends

The significant growth of the global crypto wallet market is propelled by technological advancements and innovations in the crypto industry. There is a wide range of crypto wallets available, such as eToro, Coinbase, Binance, Huobi, and more, due to their numerous advantages and benefits.

Product Code: SQSG45I2016

Executive Summary

Market Overview
Wheel of Fortune
Research Methodology
Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
Drivers
Opportunities
Restraints
Challenges
Key Market Insights
Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition
Market Dynamics & Outlook
Market Dynamics
Drivers
Opportunities
Restraints
Challenges
Regulatory Landscape
Porters Analysis
Competitive rivalry
Threat of Substitute Products
Bargaining Power of Buyers
Threat of New Entrants
Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
Political Impact
Economic Impact
Social Impact
Technical Impact
Environmental Impact
Legal Impact

Global Crypto Wallet Market by Type

Market Overview
Software Wallets {Web (Or Crypto Exchange) Wallets
Mobile Wallets
Desktop Wallets}
Hardware Wallets
Paper Wallets
Global Crypto Wallet Market by Downstream Fields
Market Overview
Hot Wallets
Cold Wallets
Global Crypto Wallet Market by End-User
Market Overview
Trading
E-Commerce
Retail
Peer-To-Peer Payment
Remittance
Global Crypto Wallet Market Size by Region
Market Overview
North America
USA
Canada
Europe
Germany
Spain
France
UK
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
Competitive Landscape
Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
By Development
By Company
By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021
Key Company Profiles
BitGo
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Binance
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Coinbase Global, Inc.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Ledger SAS
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Trezor (a subsidiary of SatoshiLabs s.r.o.)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Exodus Movement, Inc.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
ShapeShift AG
Company Overview
Business Segment Overview
Financial Updates
Key Developments
BitPay, Inc.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
MyEtherWallet, LLC
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Electrum Technologies GmbH
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Blockstream Corporation
Company Overview
Business Segment Overview
Financial Updates
Key Developments
KeepKey LLC (a subsidiary of ShapeShift AG)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
CoolBitX Technology Ltd.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Digital BitBox Ltd.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Trustology Ltd.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Samourai Wallet
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Coinomi Ltd.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Atomic Wallet
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Guarda Wallet
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Infinito Wallet
Company Overview
Business Segment Overview
Financial Updates
Key Developments

Global Crypto Wallet Market Size, Share, Growth Analysis, By Type (Software Wallets - Web (Or Crypto Exchange) Wallets, Mobile Wallets), By Downstream Fields (Hot Wallets, Cold Wallets), By End-User (Trading, E-Commerce) - Industry Forecast 2023-2030

Description

Table of Contents

Table of Contents

Executive Summary

Parent Market Analysis

Global Crypto Wallet Market by Type