South Korea Crypto Wallet Market Size & Outlook, 2023-2030

The crypto wallet market in South Korea is expected to reach a projected revenue of US$ 2,624.0 million by 2030. A compound annual growth rate of 26.4% is expected of South Korea crypto wallet market from 2024 to 2030.
Revenue, 2023 (US$M)
$507.9
Forecast, 2030 (US$M)
$2,624.0
CAGR, 2024 - 2030
26.4%
Report Coverage
South Korea

South Korea crypto wallet market highlights

  • The South Korea crypto wallet market generated a revenue of USD 507.9 million in 2023 and is expected to reach USD 2,624.0 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 26.4% from 2024 to 2030.
  • In terms of segment, trading was the largest revenue generating application in 2023.
  • Remittance is the most lucrative application segment registering the fastest growth during the forecast period.

Crypto wallet market data book summary

Market revenue in 2023USD 507.9 million
Market revenue in 2030USD 2,624.0 million
Growth rate26.4% (CAGR from 2023 to 2030)
Largest segmentTrading
Fastest growing segmentRemittance
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPeer-to-Peer Payments, Trading, Remittance
Key market players worldwideCoinbase Global Inc Ordinary Shares - Class A, Exodus Movement Inc Class A, Evolution Blockchain Group Inc, BitGo, Binance.US, BitPay, SatoshiLabs, BlockFi, Zengo, Crypto.com

Other key industry trends

  • In terms of revenue, South Korea accounted for 4.9% of the global crypto wallet market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan crypto wallet market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,624.0 million by 2030.

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Crypto Wallet Market Scope

Crypto wallet market segmentation & scope
Enterprise
Personal
Commercial Spaces
Restaurants & Others Hospitality Spaces
Transportation Hubs
Standalone Units Hubs
Others
End User
Individual/Personal
Commercial/Businesses

Crypto Wallet Market Companies

Name Profile # Employees HQ Website

South Korea crypto wallet market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to crypto wallet market will help companies and investors design strategic landscapes.


Trading was the largest segment with a revenue share of 40.58% in 2023. Horizon Databook has segmented the South Korea crypto wallet market based on peer-to-peer payments, trading, remittance covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Korea Crypto Wallet Application Outlook (Revenue, USD Million, 2018-2030)
    • Enterprise
    • Personal
    • Commercial Spaces
    • Restaurants & Others Hospitality Spaces
    • Transportation Hubs
    • Standalone Units Hubs
    • Peer-to-Peer Payments
    • Trading
    • Remittance
    • Others
  • South Korea Crypto Wallet End User Outlook (Revenue, USD Million, 2018-2030)
    • Individual/Personal
    • Commercial/Businesses
  • South Korea Crypto Wallet Operating System Outlook (Revenue, USD Million, 2018-2030)
    • iOS
    • Android
    • Others
  • South Korea Crypto Wallet Wallet Type Outlook (Revenue, USD Million, 2018-2030)
    • Hot Wallet
    • Cold Wallet

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Target buyers of South Korea crypto wallet market databook

  • Our clientele includes a mix of crypto wallet market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea crypto wallet market , including forecasts for subscribers. This country databook contains high-level insights into South Korea crypto wallet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea crypto wallet market size, by application, 2018-2030 (US$M)

South Korea Crypto Wallet Market Outlook Share, 2023 & 2030 (US$M)

South Korea crypto wallet market size, by application, 2018-2030 (US$M)

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