Editing 硬件钱包行研 (section)

== 1. 市场规模和增长趋势 ==
'''历史市场规模'''：全球硬件钱包市场在过去五年保持高速增长。从2018年的约1.29亿美元增长到2019年的1.782亿美元 (The global hardware wallet market was valued at USD 178.20 million in 2019, and it is expected to be valued at USD 661.23 million by 2025, registering a CAGR of 26.72%, during 2020-2025 | Markets Insider)。2020年市场规模约为2.2亿美元 (Hardware Wallet Market Size, Share and Industry Analysis | 2028)。2021年进一步增至约2.45亿美元 (Hardware Wallet Market Size is projected to reach USD 1.72)。据估计，2022年市场规模已达到约2.923亿美元 (Cryptocurrency Hardware Wallet Market Size, share, Forecast )。下表汇总了2018-2022年的全球市场规模及部分预测数据：
{| class="wikitable"
!年份
!全球市场规模 (百万美元)
|-
|'''2018'''
|128.7 (Global Hardware Wallet Market Insight Report, 2019-2024 - Ledger ...)
|-
|'''2019'''
|178.2 ([The global hardware wallet market was valued at USD 178.20 million in 2019, and it is expected to be valued at USD 661.23 million by 2025, registering a CAGR of 26.72%, during 2020-2025
|-
|'''2020'''
|220 ([Hardware Wallet Market Size, Share and Industry Analysis
|-
|'''2021'''
|245 (Hardware Wallet Market Size is projected to reach USD 1.72)
|-
|'''2022'''
|292.3 (Cryptocurrency Hardware Wallet Market Size, share, Forecast )
|-
|'''2025 (预测)'''
|661 ([The global hardware wallet market was valued at USD 178.20 million in 2019, and it is expected to be valued at USD 661.23 million by 2025, registering a CAGR of 26.72%, during 2020-2025
|-
|'''2028 (预测)'''
|1020 ([Hardware Wallet Market Size, Share and Industry Analysis
|-
|'''2029 (预测)'''
|1669 (Cryptocurrency Hardware Wallet Market Size, share, Forecast )
|-
|'''2030 (预测)'''
|1725 (Hardware Wallet Market Size is projected to reach USD 1.72)
|}
''数据来源于多家研究机构报告 (The global hardware wallet market was valued at USD 178.20 million in 2019, and it is expected to be valued at USD 661.23 million by 2025, registering a CAGR of 26.72%, during 2020-2025 | Markets Insider) (Hardware Wallet Market Size, Share and Industry Analysis | 2028) (Cryptocurrency Hardware Wallet Market Size, share, Forecast ) (Hardware Wallet Market Size is projected to reach USD 1.72)''

'''增长率'''：硬件钱包市场呈现出极高的增长率。据ReportLinker发布的数据，2019年至2025年的年复合增长率约为26.7% (The global hardware wallet market was valued at USD 178.20 million in 2019, and it is expected to be valued at USD 661.23 million by 2025, registering a CAGR of 26.72%, during 2020-2025 | Markets Insider)。Allied Market Research 的报告显示2021-2028年复合增长率为24.0% (Hardware Wallet Market Size, Share and Industry Analysis | 2028)。另有研究预测2023-2029年全球硬件钱包市场将以高达33.7%的年复合增长率增长 (Cryptocurrency Hardware Wallet Market Size, share, Forecast )。综合各方观点，未来几年硬件钱包市场年增速预计在25%-30%以上 (Hardware Wallet Market Size, Share and Industry Analysis | 2028) (Cryptocurrency Hardware Wallet Market Size, share, Forecast )。

'''市场驱动力'''：这一高速增长背后有多重因素推动。首先，加密货币用户数量的大幅上升扩大了对安全存储私钥设备的需求。尤其是在2017年底和2020-2021年的加密热潮中，越来越多用户了解并进入区块链和数字货币领域，推动钱包用户快速增长 (The global hardware wallet market was valued at USD 178.20 million in 2019, and it is expected to be valued at USD 661.23 million by 2025, registering a CAGR of 26.72%, during 2020-2025 | Markets Insider)。硬件钱包厂家在这些时期经历了需求的激增，越来越多的人持有多种加密资产，需要安全的钱包来存储私钥 (The global hardware wallet market was valued at USD 178.20 million in 2019, and it is expected to be valued at USD 661.23 million by 2025, registering a CAGR of 26.72%, during 2020-2025 | Markets Insider)。其次，与软件/热钱包相比，硬件钱包提供更高的安全性和灵活性，这种优势也促进了市场扩张 (The global hardware wallet market was valued at USD 178.20 million in 2019, and it is expected to be valued at USD 661.23 million by 2025, registering a CAGR of 26.72%, during 2020-2025 | Markets Insider)。多起交易所被盗事件和安全事故使得用户对“自我托管”的意识增强，“非你的私钥，就非你的加密货币(Not your keys, not your crypto)”的观念深入人心 (Trezor, Ledger report surge in hard wallet sales amid FTX meltdown)。例如，2020年某知名硬件钱包厂商Ledger虽然遭遇了电商用户信息泄露事件，但由于没有用户资金损失，反而提醒了用户硬件钱包的重要性 (The global hardware wallet market was valued at USD 178.20 million in 2019, and it is expected to be valued at USD 661.23 million by 2025, registering a CAGR of 26.72%, during 2020-2025 | Markets Insider)。

'''区域市场分布'''：从区域来看，亚太地区是增长最快且最大的市场之一。研究显示亚太市场约占全球硬件钱包市场份额的40%以上 (Cryptocurrency Hardware Wallet Market Size, share, Forecast )。北美和欧洲分列第二和第三位，两者合计占约60%份额 (Cryptocurrency Hardware Wallet Market Size, share, Forecast )。北美目前拥有相当高的消费者采用率（2024年北美地区占比估计约38.9% (Hardware Wallet Market - Share, Size and Industry Analysis)），欧洲紧随其后。这与这些地区较高的加密货币普及度和消费者购买力有关。同时，新兴经济体（如拉美、中东等）随着加密交易增长，也开始贡献一定市场份额。

'''未来规模预测'''：展望未来，全球硬件钱包市场预计将持续高速扩张。多家机构预测市场规模将在本十年末达到十亿美元量级甚至更高 (Hardware Wallet Market Size, Share and Industry Analysis | 2028) (Hardware Wallet Market Size is projected to reach USD 1.72)。例如，预计2025年市场规模将超过6亿美元 (The global hardware wallet market was valued at USD 178.20 million in 2019, and it is expected to be valued at USD 661.23 million by 2025, registering a CAGR of 26.72%, during 2020-2025 | Markets Insider)，到2028年将突破10亿美元 (Hardware Wallet Market Size, Share and Industry Analysis | 2028)，2030年前后有望达到约17-18亿美元 (Hardware Wallet Market Size is projected to reach USD 1.72)。这种增长一方面源于加密货币作为资产类别的日益成熟和用户基础扩大，另一方面也由于硬件钱包厂商不断创新降低使用门槛，吸引更多主流用户使用自托管钱包。可以预见，随着全球数字资产持有者数量在未来几年进一步上升，硬件钱包市场仍将保持蓬勃发展的趋势。