LONDON--(BUSINESS WIRE)--#GlobalCryptocurrencyMiningHardwareMarket--The cryptocurrency mining hardware market is expected to grow by $ 2.80 bn, progressing at a CAGR of over 7% during the forecast period.
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The growing demand for cryptocurrency-specific hardware is one of the major factors propelling market growth. However, factors such as declining cost of mining hardware will hamper the market growth.
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Cryptocurrency Mining Hardware Market: Product Landscape
Based on the product, the ASIC mining segment is expected to witness lucrative growth during the forecast period.
Cryptocurrency Mining Hardware Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 57% of the market’s overall growth is expected to originate from APAC. China and Japan are the key markets for cryptocurrency mining hardware in APAC.
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Companies Covered:
- Advanced Micro Devices Inc.
- ASICminer Co.
- Baikal Miner
- Bitfury Group Ltd.
- BitMain Technologies Holding Co.
- Canaan Inc.
- Cynosure Technologies Co. Ltd.
- Halong Mining
- INNOSILICON Technology Ltd.
- Shenzhen MicroBT Electronics Technology Co. Ltd.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- ASIC - Market size and forecast 2019-2024
- GPU - Market size and forecast 2019-2024
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Advanced Micro Devices Inc.
- ASICminer Co.
- Baikal Miner
- Bitfury Group Ltd.
- BitMain Technologies Holding Co.
- Canaan Inc.
- Cynosure Technologies Co. Ltd.
- Halong Mining
- INNOSILICON Technology Ltd.
- Shenzhen MicroBT Electronics Technology Co. Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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