Crypto wallet market to grow by $686m by 2026: report
The market research firm Technavio’s new report shows that the crypto wallet market will grow by $686 million by 2026. The report is called “Crypto Wallet Market by Product and Geography – Forecast and Analysis 2022-2026.” Technavio estimates that the potential growth of the crypto wallet market from 2021 to 2026 will be over $686 million. This growth is driven by people’s increasing interest in digital currencies, which offer faster and cheaper bank transfers, a surge in e-commerce, higher currency transactions in low-income nations, and a rise in international remittances. Cryptocurrencies, having a limited supply defined by mathematical algorithms, serve as a reliable long-term store of value, making them attractive to investors, Technavio claims. Crypto wallet geography The crypto wallet market is categorized by product into software-based and hardware-based wallets and by geography across North America, Europe, APAC, South America, and the Mid...