According to Fortune Business Insights, The global crypto wallet market in 2026 size was valued at USD 12.20 billion in 2025. The market is projected to grow from USD 14.84 billion in 2026 to USD 98.57 billion by 2034, exhibiting a CAGR of 26.7% during the forecast period. Asia Pacific dominated the crypto wallet market with a market share of 32.13% in 2025.
Continue reading for more details:
https://www.fortunebusinessinsights.com/crypto-wallet-market-109305
The crypto wallet market in 2026 is segmented to reflect diverse user needs and technology platforms supporting digital asset management. By wallet type, the market includes hot wallets and cold wallets, with hot wallets — including mobile, desktop and web-based solutions — capturing the largest share due to real-time connectivity, ease of access and integration with exchanges and decentralized applications. Cold wallets are also an important segment within the crypto wallet market, driven by enhanced security demand and offline asset protection among long-term holders. Under operating system, the market divides into Android, iOS and others, with strong growth across both Android and iOS as users increasingly manage and transact digital assets on smartphones. Application segmentation in the crypto wallet market encompasses trading, remittances, peer-to-peer payments and other use cases, where trading remains a significant driver due to high participation in crypto exchanges. By end user, the market includes individual and commercial segments, with commercial adoption growing rapidly as fintech firms, exchanges and institutional custodians integrate enterprise-grade wallet solutions. Across these segments, the crypto wallet market is shaped by evolving preferences for secure storage, accessibility, multi-chain support and expanding digital finance applications.
Major companies shaping the crypto wallet market include:
Coinbase
BitGo Holdings, Inc.
Binance
BitPay
Trezor
Ledger SAS
Exodus Movement, Inc.
Zengo Ltd
Phantom
OKX Wallet
Argent
Zerion
The crypto wallet market is projected to grow significantly in 2026, with the market expected to reach approximately USD 14.84 billion, up from a valuation of USD 12.20 billion in 2025, and continuing to expand strongly in subsequent years. This growth in the crypto wallet market is fueled by wider adoption of cryptocurrencies, increased participation in decentralized finance (DeFi) and NFT ecosystems, expansion of Web3 applications and rising demand for secure, interoperable wallet solutions. Market growth is further supported by mobile-first user adoption and development of fiat-on-ramp services that simplify access to digital assets, driving wallet usage across trading, payment and financial applications.
Despite strong expansion, the crypto wallet market faces several restraining factors that could moderate growth through 2026. Limited awareness and financial literacy among potential users — especially in emerging regions — creates hesitation in adopting self-custody solutions due to complexity around private key management, seed phrases and crypto security concepts. Furthermore, concerns about misinformation, scams and security risks can reduce user confidence and slow broader adoption of independent wallets, posing a challenge to market penetration. These knowledge gaps and trust issues act as key restraints on the crypto wallet market’s growth trajectory.
Regionally, the crypto wallet market in 2026 is led by Asia Pacific, which held the largest share in 2025 and continues to dominate due to favorable regulatory initiatives, rapid growth of Web3 gaming, NFTs and decentralized finance platforms, and strong presence of global and local wallet providers. North America follows with significant market presence driven by early cryptocurrency adoption, robust digital infrastructure and active institutional participation. Europe also demonstrates solid growth in the crypto wallet market, supported by clear regulatory frameworks and investor confidence in compliant wallet solutions. South America and the Middle East & Africa show moderate growth prospects, with increasing digital currency adoption for remittances, financial inclusion and borderless payments enhancing demand for crypto wallets across these regions.