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Market Research Report

Global Cryptocurrency Mining Hardware Market 2020-2024

Published by TechNavio (Infiniti Research Ltd.) Product code 938098
Published Content info 120 Pages
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Global Cryptocurrency Mining Hardware Market 2020-2024
Published: May 13, 2020 Content info: 120 Pages
Description

Technavio has been monitoring the cryptocurrency mining hardware market and it is poised to grow by $ 2.80 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period. Our reports on 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

Technavio's ‘cryptocurrency mining hardware market ’ is segmented as below:

By Product:

  • ASIC
  • GPU

By Geographic Landscape:

  • 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.

Technavio 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. Our cryptocurrency mining hardware market covers the following areas:

  • Cryptocurrency mining hardware market sizing
  • Cryptocurrency mining hardware market forecast
  • Cryptocurrency mining hardware market industry analysis"

Technavio's 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Table of Contents
Product Code: IRTNTR43766

Table of Contents

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

Exhibit

  • 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
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