Why the hardware wallet market will be worth $708m by 2025
January 26 2020 - 5:00AM
Coin Rivet
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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