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Blockchain Device Market Set to Surge: Report

The blockchain devices market is likely to grow at a more than 42% compound annual growth rate in the next five years, according to research from MarketsandMarkets. So reports Cointelegraph.

The report is titled “Blockchain Devices Market by Type ... Global Forecast to 2024.” It covers, among other things, blockchain smartphones, crypto ATMs and crypto hardware wallets. The industry will reach more than $1.2 billion by 2024.

The growth is expected to come as blockchain tech is adopted in “retail and supply chain management, venture capital funding development and growing market capitalization for cryptocurrency and initial coin offering."

Read the full article from Cointelegraph.

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