Crypto Wallet Market Size | Share & Future Outlook 2025

Q: What is the size of the crypto wallet market?

The market size is projected to be at USD 11 billion in 2024 and is estimated at to be USD 27.5 billion by 2031.

Q: What is the future outlook for crypto wallets?

The market is likely to evolve into full-service platforms, enabling users to access DeFi, NFTs, staking, identity management, and tokenized assets securely.

Q: How do hardware wallets differ from hot wallets?

Hardware wallets are offline and provide higher security, while hot wallets are connected to the internet and optimized for frequent, fast transactions.

Q: Why is wallet interoperability important for future growth?

Interoperable wallets allow seamless interaction with multiple blockchains, increasing user convenience and expanding the usability of crypto assets.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA4221

Publication Date: Jun 2025

What is the size of the Crypto Wallet Market?

According to 6Wresearch internal database and industry insights, the size of Global crypto wallet market was estimated at USD 11 billion in 2024 and is estimated at to be USD 27.5 billion by 2031, reaching at a solid CAGR of 14.2% during the forecast period 2025–2031.

Due to growing crypto adoption, rising DeFi participation, and increasing awareness of main ownership, the market is continued to rise in the future. Crypto wallets including both hot and cold are becoming essential for trading, staking, storing NFTs, and accessing Web3 services.

Key Growth Factors in the Crypto Wallet Market

Surging retail crypto investment and global token adoption
Integration of wallets with exchanges and DeFi apps
Rising demand for self-custody and non-custodial wallet options
Expansion of NFT marketplaces and Web3 ecosystem
Need for secure digital storage amid growing hacks and fraud
Advancements in multi-chain, biometric, and hardware wallet tech

Crypto Wallet Market Trends

Crypto wallet market is undergoing for the transformation in the coming years with shift towards the enhanced user security, seamless UX, and broader interoperability across chains. Features such as the biometric authentication, MPC (multi-party computation), and social recovery wallets are gaining popularity. Among the long-term holders and institutions, hardware wallets are rising in popularity, while browser-based and mobile wallets dominate DeFi usage. Some major emerging trends include wallet-based identity systems, multi-chain asset management, and deeper integrations with NFT, staking, and decentralized identity platforms. Further, the regulatory standards and compliance frameworks will shape wallet onboarding and custodial rights.