As more people invest in crypto, there’s a growing need for secure storage solutions. With exchange hacks grabbing the headlines, crypto users are learning the hard way about the risks of not having a cryptocurrency hardware wallet to store their assets. The cryptocurrency industry is far from reaching maturity, yet the number of users who choose to store their funds outside exchanges is on the rise. This automatically generates growth in the cryptocurrency hardware wallet market, which was worth an estimated $164m in 2019. The predictions for the next five years are optimistic, as Research and Markets foresees a compound annual growth rate (CAGR) of 24.93% between 2020 and 2025. This means we might be looking at a $708m market

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The post Why the hardware wallet market will be worth $708m by 2025 appeared first on Coin Rivet.
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