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Global Cryptocurrency Mining Hardware Market 2020-2024 - Product Image

Global Cryptocurrency Mining Hardware Market 2020-2024

  • ID: 5031201
  • Report
  • May 2020
  • Region: Global
  • 120 pages
  • TechNavio
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FEATURED COMPANIES

  • ASICminer Co.
  • Baikal Miner
  • Bitfury Group Ltd.
  • Canaan Inc.
  • Halong Mining
  • MORE
Global Cryptocurrency Mining Hardware Market 2020-2024

The cryptocurrency mining hardware market is poised to grow by $ 2.80 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period. This report on the cryptocurrency mining hardware market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising popularity of mining pools, increasing number of product launches, and growing demand for cryptocurrency-specific hardware. In addition, rising popularity of mining pools is anticipated to boost the growth of the market as well.

The cryptocurrency mining hardware market analysis include product segment and geographic landscapes

The cryptocurrency mining hardware market is segmented as below:

By Product
  • ASIC
  • GPU
By Geographic Landscapes
  • APAC
  • North America
  • Europe
  • South America
  • MEA
This study identifies the increasing popularity of ICOs as one of the prime reasons driving the cryptocurrency mining hardware market growth during the next few years. Also, use of clean energy to mine cryptocurrency, and market capitalization will lead to sizable demand in the market.

The cryptocurrency mining hardware market covers the following areas:
  • Cryptocurrency mining hardware market sizing
  • Cryptocurrency mining hardware market forecast
  • Cryptocurrency mining hardware market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cryptocurrency mining hardware market vendors that include 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., and Shenzhen MicroBT Electronics Technology Co. Ltd.. Also, the cryptocurrency mining hardware market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The research presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ASICminer Co.
  • Baikal Miner
  • Bitfury Group Ltd.
  • Canaan Inc.
  • Halong Mining
  • MORE
Executive Summary
  • Market Overview
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
List of Exhibits
1: Key Finding 1
2: Key Finding 2
3: Key Finding 3
4: Key Finding 5
5: Key Finding 6
6: Key Finding 7
7: Key Finding 8
8: Parent market
9: Market characteristics
10: Offerings of vendors included in the market definition
11: Market segments
12: Global - Market size and forecast 2019 - 2024 ($ million)
13: Global market: Year-over-year growth 2019 - 2024 (%)
14: Five forces analysis 2019 & 2024
15: Bargaining power of buyers
16: Bargaining power of suppliers
17: Threat of new entrants
18: Threat of substitutes
19: Threat of rivalry
20: Market condition - Five forces 2019
21: Product - Market share 2019-2024 (%)
22: Comparison by Product
23: ASIC - Market size and forecast 2019-2024 ($ million)
24: ASIC - Year-over-year growth 2019-2024 (%)
25: GPU - Market size and forecast 2019-2024 ($ million)
26: GPU - Year-over-year growth 2019-2024 (%)
27: Market opportunity by Product
28: Customer landscape
29: Market share by geography 2019-2024 (%)
30: Geographic comparison
31: APAC - Market size and forecast 2019-2024 ($ million)
32: APAC - Year-over-year growth 2019-2024 (%)
33: North America - Market size and forecast 2019-2024 ($ million)
34: North America - Year-over-year growth 2019-2024 (%)
35: Europe - Market size and forecast 2019-2024 ($ million)
36: Europe - Year-over-year growth 2019-2024 (%)
37: South America - Market size and forecast 2019-2024 ($ million)
38: South America - Year-over-year growth 2019-2024 (%)
39: MEA - Market size and forecast 2019-2024 ($ million)
40: MEA - Year-over-year growth 2019-2024 (%)
41: Key leading countries
42: Market opportunity by geography ($ million)
43: Impact of drivers and challenges
44: Vendor landscape
45: Landscape disruption
46: Industry risks
47: Vendors covered
48: Market positioning of vendors
49: Advanced Micro Devices Inc. - Overview
50: Advanced Micro Devices Inc. - Business segments
51: Advanced Micro Devices Inc. - Key offerings
52: Advanced Micro Devices Inc. - Key customers
53: Advanced Micro Devices Inc. - Segment focus
54: ASICminer Co. - Overview
55: ASICminer Co. - Product and service
56: ASICminer Co. - Key offerings
57: ASICminer Co. - Key customers
58: ASICminer Co. - Segment focus
59: Baikal Miner - Overview
60: Baikal Miner - Product and service
61: Baikal Miner - Key offerings
62: Baikal Miner - Key customers
63: Baikal Miner - Segment focus
64: Bitfury Group Ltd. - Overview
65: Bitfury Group Ltd. - Product and service
66: Bitfury Group Ltd. - Key offerings
67: Bitfury Group Ltd. - Key customers
68: Bitfury Group Ltd. - Segment focus
69: BitMain Technologies Holding Co. - Overview
70: BitMain Technologies Holding Co. - Product and service
71: BitMain Technologies Holding Co. - Key offerings
72: BitMain Technologies Holding Co. - Key customers
73: BitMain Technologies Holding Co. - Segment focus
74: Canaan Inc. - Overview
75: Canaan Inc. - Business segments
76: Canaan Inc. - Key offerings
77: Canaan Inc. - Key customers
78: Canaan Inc. - Segment focus
79: Cynosure Technologies Co. Ltd. - Overview
80: Cynosure Technologies Co. Ltd. - Product and service
81: Cynosure Technologies Co. Ltd. - Key offerings
82: Cynosure Technologies Co. Ltd. - Key customers
83: Cynosure Technologies Co. Ltd. - Segment focus
84: Halong Mining - Overview
85: Halong Mining - Product and service
86: Halong Mining - Key offerings
87: Halong Mining - Key customers
88: Halong Mining - Segment focus
89: INNOSILICON Technology Ltd. - Overview
90: INNOSILICON Technology Ltd. - Product and service
91: INNOSILICON Technology Ltd. - Key offerings
92: INNOSILICON Technology Ltd. - Key customers
93: INNOSILICON Technology Ltd. - Segment focus
94: Shenzhen MicroBT Electronics Technology Co. Ltd. - Overview
95: Shenzhen MicroBT Electronics Technology Co. Ltd. - Product and service
96: Shenzhen MicroBT Electronics Technology Co. Ltd. - Key offerings
97: Shenzhen MicroBT Electronics Technology Co. Ltd. - Key customers
98: Shenzhen MicroBT Electronics Technology Co. Ltd. - Segment focus
99: Currency conversion rates for US$
100: Research Methodology
101: Validation techniques employed for market sizing
102: Information sources
103: List of abbreviations
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ASICminer Co.
  • Baikal Miner
  • Bitfury Group Ltd.
  • Canaan Inc.
  • Halong Mining
  • MORE
The publisher recognizes the following companies as the key players in the global cryptocurrency mining hardware market: 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., and Shenzhen MicroBT Electronics Technology Co. Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing popularity of ICOs."

According to the report, one of the major drivers for this market is the rising popularity of mining pools.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • 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.
Note: Product cover images may vary from those shown
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