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Report: Blockchain Devices Market to Grow to $1.285 Billion by 2024

Discussion in 'Cryptocurrency' started by Chris Obi, Sep 13, 2019.

  1. Chris Obi

    Chris Obi Registered

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    The blockchain devices market is expected to grow by 42.5% at a compound annual growth rate (CAGR) by 2024, according to a recent research by intelligence and market research platform MarketsandMarkets.

    On Sept. 12, MarketsandMarkets released a report dubbed “Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography - Global Forecast to 2024.”

    The company suggested that the blockchain devices market will see a 42.5% CAGR in coming years, to reach $1,285 million in 2024. In comparison, the volume of the market in 2019 has reportedly amounted to $218 million to date.
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