Hardware Wallet Market Share

Statistics for the 2023 & 2024 Hardware Wallet market share, created by Mordor Intelligence™ Industry Reports. Hardware Wallet share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Hardware Wallet Industry

The hardware wallet market is highly fragmented due to the presence of both global players and small and medium-sized enterprises. Some of the major players in the market are Ledger SAS, Satoshi Labs SRO, ShapeShift AG, Coinkite Inc., and CoolbitX Ltd. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

  • February 2024 - With the growing relevance of Bitcoin and the diverse needs of its user base, BitBox (Shift Crypto AG) signed a strategic alliance with Bitsurance. This collaboration marks a significant milestone in its continuous effort to enhance the security and user experience of our BitBox02 cold wallet, especially for those new to the Bitcoin realm.
  • May 2023 - SecuX signed a strategic collaboration with Trend Micro, a global cybersecurity provider, and introduced the W20 Trend Micro edition cold wallet pre-loaded with Trend Micro ChainSafer blockchain reputation service. The W20 provides users comprehensive protection covering Web2 and Web3, augmenting anti-counterfeiting, authentication, and anti-fraud capabilities.

Hardware Wallet Market Leaders

  1. Ledger SAS

  2. Satoshi Labs SRO

  3. ShapeShift AG

  4. Coinkite Inc.

  5. CoolbitX Ltd

*Disclaimer: Major Players sorted in no particular order

Hardware Wallet Market Concentration

Hardware Wallet Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)