Digital Banking

Crypto wallet market to reach $48.27B by 2030

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January 6, 2023

The cryptocurrency wallet market will reach $48.27 billion by 2030, according to research from ResearchandMarkets.com. It will also grow at a compound annual growth rate of 24.4% during the forecasted period of 2022 to 2030.

With crypto wallets, users can send, store or receive cryptocurrency like Bitcoin or Ethereum. COVID-19 caused a boost in the market as users turned to cryptocurrency in uncertain times.

The growth of Web 3.0 and the metaverse will drive more demand in the future.