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Blockchain Devices Market to Transcend USD 15696.22 Million, Growing Need for Decentralization Slated to Fuel Development | SkyQuest Technology

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WESTFORD, Mass., July 4, 2024 /PRNewswire/ — According to SkyQuest, the global Blockchain Devices Market size was valued at USD 621.83 Million in 2022 and is poised to grow from USD 890.15 Million in 2023 to USD 15696.22 Million by 2031, growing at a CAGR of 43.15% in the forecast period (2024-2031).

The growing use of Blockchain technology around the world is projected to bolster the demand for blockchain devices as well. Rising use of cryptocurrencies and rising integration of Blockchain in multiple aspects of day-to-day lives are also estimated to be key factors driving blockchain devices market development in the future. Growing digital asset ownership on a global level is also forecasted to create new opportunities for blockchain device providers going forward. The global blockchain devices market is segmented into Blockchain type, type, connectivity, application, end user, and region.

Download a detailed overview:
https://www.skyquestt.com/sample-request/blockchain-devices-market

Blockchain Devices Market Overview: 

Report Coverage

Details

Market Revenue in 2023

$ 890.15 million

Estimated Value by 2031

$ 15696.22 million

Growth Rate

Poised to grow at a CAGR of 43.15%

Forecast Period

2024–2031

Forecast Units

Value (USD Million)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

Type of Blockchain, Type, Connectivity, End-user, and Application

Geographies Covered

North America, Europe, Asia Pacific, Middle East & Africa, Latin America

Report Highlights

Development of novel blockchain AI solutions that give benefits of both technologies involved

Key Market Opportunities

Rapid Growth in Digital Asset Ownership

Key Market Drivers

Increasing Adoption of Blockchain Technology

Segments covered in Blockchain Devices Market are as follows:

Type of BlockchainPublic Blockchain, Private Blockchain, Hybrid BlockchainTypeHardware Wallets (Crypto Hardware Wallets, Car Wallets, Smart Cards), Blockchain Smartphones, PoS Devices, Crypto ATMs (One-way Crypto ATMs, Two-way Crypto ATMs), Blockchain IoT Gateways, Other Blockchain DevicesConnectivityWired, WirelessEnd-UserBFSI, Government, Retail & E-commerce, Travel & Hospitality, Automotive, Transportation & Logistics, IT & Telecommunication, and OthersApplicationPersonal, Corporate (Enterprise Size [Large enterprises, Small and medium-sized enterprises])

Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/blockchain-devices-market

Public Blockchains to Remain Popular Owing to their High Transparency and Accessibility

Most blockchain devices run on public Blockchain networks as they are highly accessible and transparent.  These types of Blockchain networks are open to everyone and highly affordable for blockchain devices manufacturers as well. High demand for decentralization around the world is forecasted to create an opportune setting for market players through this segment going forward.

Meanwhile, the demand for blockchain devices based on private and hybrid Blockchain networks is projected to reach new heights by the end of the study period. Better scalability, faster transaction times, and enhanced security are some key features of these two Blockchain types that will push their demand and popularity in the future. Enterprises and organizations are forecasted to opt for devices operating on private Blockchain networks to improve their security whilst hybrid Blockchain networks will be popular among consumer-oriented applications.

Corporate Applications to Propel Sales of Blockchain Devices Owing to Decentralization of Multiple Industry Verticals

The emphasis on decentralization has increased on a global level and this trend has completely changed the way the corporate sector is using Blockchain technology. From large enterprises to small and medium ones, all companies are focusing on utilizing Blockchain technology to improve the security and transparency of their operations, which in turn, is slated to benefit blockchain device demand outlook.

Personal use of blockchain devices is slow, which is why not many companies target the development of them. New companies can explore this segment if they wish to penetrate the market without dealing with leading companies. However, getting the strategy and product right will be highly essential for success through this segment.

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/blockchain-devices-market

Wireless Blockchain Devices to Rule Future with Advancements in Connectivity Technologies

In an increasingly wireless world, it would not make sense to make wired blockchain devices. This is why all blockchain device manufacturers should focus on creating wireless blockchain devices for the future. Advancements in wireless connectivity technologies and growing emphasis on making the world wireless will set the tone for lucrative revenue generation for market players through this segment. 

The global blockchain devices market is still in the initial stages of development and provides several opportunities for upcoming as well as established companies. Innovation and use of creative marketing strategies will be common strategies for all blockchain device providers going forward. Blockchain devices based on hybrid Blockchain networks will be highly popular by the end of the forecast period but at present most devices are operated on public Blockchain networks.

Related Report:

Blockchain Market

Blockchain as a Service Market

Blockchain in Healthcare Market

Cryptocurrency Market

Blockchain In Manufacturing Market

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:

Mr. Jagraj Singh
SkyQuest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

Logo: https://mma.prnewswire.com/media/2446095/SkyQuest_Logo.jpg

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Qmulos Now Available on Cisco Global Price List (GPL), Accelerating Continuous Compliance Solutions for Joint Customers

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CHANTILLY, Va., April 22, 2026 /PRNewswire/ — Qmulos, a leader in Continuous Compliance, today announced that its flagship products, Q-Compliance (Q-C) and Q-Behavior Analytics and Audit (Q-BA2), are now available on the Cisco® Global Price List (GPL) via the SolutionsPlus Partner Program. This strategic integration allows Cisco partners and customers to seamlessly purchase Q-C and Q-BA2 directly through Cisco’s sales organization, simplifying procurement and accelerating the deployment of automated compliance solutions.

Qmulos now available on Cisco® Global Price List (GPL)!

By joining the Cisco GPL, Qmulos deepens its pre-existing partnership with Splunk, now a Cisco company, empowering organizations to address complex automated compliance challenges with integrated, validated technologies. The collaboration enables a unified buying experience for customers looking to combine Cisco’s industry-leading infrastructure with Qmulos’ specialized capabilities.

“Becoming a SolutionsPlus partner and getting on the Cisco GPL is a major milestone in our commitment to fostering a stronger, more secure digital ecosystem alongside Cisco,” said Matt Coose, CEO and Founder at Qmulos. “This enables us to meet the growing demand for our solutions while providing Cisco customers with a streamlined path to simplify technical evidence collection, streamline workflows, and strengthen cyber posture.”

Key Benefits of Q-Compliance (Q-C) and Q-Behavior Analytics and Audit (Q-BA2) on Cisco GPL:

Simplified Procurement: Customers can now acquire Qmulos through their existing Cisco sales representative, reducing vendor onboarding time.

Validated Integration: Q-C and Q-BA2 work seamlessly within Cisco’s (Splunk’s) architecture, ensuring reliability and performance.

Enhanced Security & Visibility: Continuously monitor control status and effectiveness across numerous compliance frameworks and environments in near-real time.

For more information on the combined solution, visit www.qmulos.com or contact your Cisco account manager. 

About Qmulos
Qmulos is a premier Splunk-based cybersecurity and compliance company founded in 2012 that automates risk management, security compliance, and auditing. They provide real-time compliance solutions for complex environments, helping government and commercial clients adhere to standards like NIST, CMMC, and FedRAMP through actionable, evidence-based insights.

Media Contact:
Danielle Schiffman
danielle.schiffman@qmulos.com
1-844-476-8567

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SOURCE Qmulos

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New Study Reveals Retail Security Measures Are Driving Customers Away

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DALBAR and Competitor IQ survey of 500 North American shoppers uncovers a costly tension between loss prevention and the customer experience

MARLBOROUGH, Mass., April 22, 2026 /PRNewswire/ — DALBAR, Inc. and its division Competitor IQ today released the 2026 Retail Security and Loss Prevention Study, a survey of 500 U.S. and Canadian consumers on how loss prevention strategies affect the retail shopping experience. The findings reveal a significant tension between security and convenience — one that is already costing retailers sales.

38%
of shoppers have abandoned a purchase due to in-store security measures

Key Findings

Security Measures Are Pushing Shoppers Out the Door
A significant share of respondents report abandoning purchases due to security-related friction. Locked merchandise cabinets and access restrictions are the leading causes — and the full study breaks down exactly which measures are driving customers away.

Locked Merchandise Is the Biggest Pain Point
Many customers say locked displays negatively impact their shopping experience. Many feel mistrusted and will leave rather than wait — and the data shows a clear link to lost revenue that retailers cannot afford to ignore.

Safety Matters, But Rarely Drives Store Choice
Most shoppers already feel a baseline level of security when they enter a store. The study reveals which measures build customer confidence — and which ones backfire by sending shoppers online instead.

Customers Want Technology, Not Barriers
A strong majority believe AI and surveillance technology can better balance loss prevention with convenience. The full study includes detailed breakdowns of customer preferences by age, income, and retail category.

“Retailers are caught in a difficult position: theft is rising, but the measures used to combat it are alienating the honest shoppers they need to retain. The path forward lies in smarter, less intrusive security — and the data shows exactly what that looks like.”
— DALBAR / Competitor IQ Research Team

When Customers See Theft Happen In-Store…
Most say they would shop there less often or stop visiting entirely.
Only a small share reports no change in behavior. The reputational cost of visible theft is significant — and quantified in the full report.

About the Study
The 2026 Retail Security and Loss Prevention Study was conducted by DALBAR, Inc. and Competitor IQ in April 2026, surveying 500 consumers across the United States and Canada. The full report includes detailed findings by demographic, retail category, and security measure type — with actionable recommendations for loss prevention teams.

Request the Full Report
www.dalbar.com | www.ciqdata.com | press@dalbar.com

About DALBAR, Inc.

About Competitor IQ

DALBAR, Inc. has set the standard for measuring and improving investment advice and financial services quality since 1976. DALBAR awards are recognized as a symbol of excellence in the financial community.

Competitor IQ is a division of DALBAR, Inc. specializing in competitive intelligence and customer experience research, helping organizations make data-driven improvements to service quality and retention.

MEDIA CONTACT:
Steve Worthy
compete@ciqdata.com
www.ciqdata.com

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SOURCE DALBAR, Inc.

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MILLROCK TECHNOLOGY APPOINTS NEIL A. GOLDMAN AS CFO

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KINGSTON, N.Y., April 22, 2026 /PRNewswire/ — Millrock Technology (“Millrock”), a provider of lyophilization and advanced freeze-drying solutions for the life sciences and biopharmaceutical industries, today announced the appointment of Neil A. Goldman, CPA, as Chief Financial Officer.

Mr. Goldman is a veteran executive who brings a distinguished track record as CFO of both private equity-backed and public companies across the MedTech, advanced manufacturing, and professional services industries. Throughout his career, he has consistently transformed mid-market and entrepreneur-led businesses into high-performing platforms through a combination of strategic M&A, operational discipline, rigorous execution, and strong financial leadership.

Most recently, Mr. Goldman served as CFO of Life Science Outsourcing, Inc., a national medical device contract manufacturer, where he implemented operational improvements and upgraded enterprise systems to scale the platform. Prior CFO roles include BioPorto A/S, a Copenhagen-listed in-vitro diagnostics company, Chembio Diagnostics, Inc. and Unwired Technology LLC, a high-tech manufacturer. Mr. Goldman began his career at Ernst & Young and holds a B.S. in Business from Miami University. At Millrock, Mr. Goldman will play a critical role in enhancing the company’s financial foundation, supporting strategic growth initiatives, and enabling continued expansion.

“We are thrilled to welcome Neil to the Millrock team,” said Tom Hochuli, Chief Executive Officer of Millrock Technology. “His depth of experience across both public and private environments, combined with a proven ability to scale businesses and drive value creation, makes him an ideal fit for this next phase of growth. Neil’s leadership will be instrumental as we continue to build a world-class organization.”

“I am excited to join Millrock Technology at such a pivotal time for the company and the lyophilization market,” said Mr. Goldman. “Millrock has a strong reputation for innovation, service, and quality, and I look forward to partnering with the entire team to accelerate our strategic roadmap.”

About Millrock Technology

Millrock Technology Inc. is an innovator of freeze-drying (lyophilization) instrumentation and process development solutions for the pharmaceutical, biotech, and diagnostics industries. Millrock specializes in laboratory, pilot, and production-scale lyophilizers with advanced process control technologies that optimize efficiency, compliance, and scalability. To learn more, please visit www.millrocktech.com.

About Artemis

Headquartered in Boston, MA, Artemis is a specialized private equity firm focused on partnering with differentiated Industrial Tech companies, whose people and products enable a healthier, safer, more connected, and productive world. For more information on Artemis, please visit www.artemislp.com.

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SOURCE Artemis

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