Crypto Wallet Market Report 2026

The crypto wallet market size has grown exponentially in recent years. It will grow from $18.96 billion in 2025 to $25 billion in 2026 at a compound annual growth rate (CAGR) of 31.9%. The growth in the historic period can be attributed to expansion of cryptocurrency usage, early adoption of software wallets, growth of mobile-based crypto applications, increasing awareness of private key security, availability of open-source wallet technologies.

The crypto wallet market size is expected to see exponential growth in the next few years. It will grow to $69.02 billion in 2030 at a compound annual growth rate (CAGR) of 28.9%. The growth in the forecast period can be attributed to increasing adoption of self-sovereign finance, rising demand for interoperable wallet solutions, expansion of web3 applications, growing integration of wallets with decentralized services, increasing focus on biometric and hardware-based security. Major trends in the forecast period include growing adoption of non-custodial wallet solutions, rising demand for multi-chain wallet compatibility, expansion of hardware wallet usage, increased focus on user-controlled security features, enhanced integration with defi and nft ecosystems.

The rising number of crypto transactions is expected to drive the growth of the crypto wallet market in the coming years. Crypto transactions involve the purchase, sale, and transfer of cryptocurrencies, typically facilitated by blockchain technology. The growth in crypto transactions is fueled by the increasing adoption of cryptocurrencies as both a medium of exchange and an investment, greater acceptance by merchants and businesses, and advancements in blockchain technology that enhance transaction speed. Crypto wallets provide consumers and businesses with a secure, convenient way to manage digital assets, conduct transactions, and engage in the expanding blockchain ecosystem. For example, in September 2024, Security.org, a US-based safety advisory company, reported that cryptocurrency ownership among US citizens rose from 30% in 2023 to 40% in 2024. As a result, the growing number of crypto transactions is driving the expansion of the crypto wallet market.

Prominent players in the crypto wallet market are directing their efforts towards introducing solutions that leverage advanced technologies such as multi-party computation (MPC) to deliver secure, self-custodial crypto wallets and gain a competitive advantage. MPC technology enhances security and privacy in cryptocurrency wallets by enabling multiple parties to compute functions over their private inputs without revealing them. For instance, in November 2023, Binance Holdings Limited launched Binance Web3 Wallet, a cryptocurrency wallet seamlessly integrated within the Binance mobile app. This wallet serves as a digital gateway to the Web3, providing users with a secure and user-friendly platform to engage in decentralized applications, trade tokens across different networks, transfer funds between exchanges and wallets, earn returns on cryptocurrency holdings, and more, all within a secure environment. Through the use of MPC, users are relieved from the responsibility of managing or recalling seed phrases while maintaining high levels of security and self-custody.

In November 2025, Ripple Labs Inc., a US-based blockchain technology and enterprise crypto payments provider, acquired Palisade Inc. for an undisclosed sum. Through this acquisition, Ripple sought to strengthen its institutional custody and wallet services by incorporating Palisade’s wallet‑as‑a‑service and multi‑chain custody solutions into Ripple Custody and Payments offerings. Palisade Inc. is a UK-based provider of crypto wallet and custody infrastructure, enabling rapid, secure wallet deployment and multi‑chain transaction functionality.

Major companies operating in the crypto wallet market are Coinbase Global Inc., Binance Holdings Limited, Crypto.com, Gemini Trust Company LLC, BitPay Inc., Ledger SAS, Blockchain.com Inc., Coinomi Ltd., Trezor Company s.r.o, BitGo Inc., KeepKey LLC, ZenGo Ltd., CoolBitX Technology Ltd., Exodus Movement Inc., Electrum Technologies GmbH, Guarda Wallet, MyEtherWallet LLC, Atomic Wallet, Digital BitBox Ltd., Blockstream Corporation.

North America was the largest region in the crypto wallet market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the crypto wallet market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the crypto wallet market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The crypto wallet market consists of revenues earned by entities by providing services such as crypto storage, address management, and security services. The market value includes the value of related goods sold by the service provider or included within the service offering. The crypto wallet market also includes sales of brain wallets, multi-signature wallets, and custodial wallets. values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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