LONDON–(BUSINESS WIRE)–Technavio has been monitoring the cryptocurrency mining {hardware} market, and it’s poised to develop by USD 2.7 billion throughout 2019-2023, progressing at a CAGR of 10% in the course of the forecast interval. The report gives an up-to-date evaluation relating to the present market situation, the newest tendencies and drivers, and the general market atmosphere.
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The market is fragmented, and the diploma of fragmentation will speed up in the course of the forecast interval. Superior Micro Units, Inc, Baikal Miner, Bitfury Group Restricted, BitMain Applied sciences Holding Firm, and Canaan Inventive CO., LTD. are among the main market members. The recognition of mining swimming pools will provide immense progress alternatives. To take advantage of the alternatives, market distributors ought to focus extra on the expansion prospects within the fast-growing segments, whereas sustaining their positions within the slow-growing segments.
The recognition of mining swimming pools has been instrumental in driving the expansion of the market.
Cryptocurrency Mining {Hardware} Market 2019-2023: Segmentation
Cryptocurrency Mining {Hardware} Market is segmented as beneath:
- Product
-
Geographic Panorama
- APAC
- Europe
- MEA
- North America
- South America
To study extra concerning the international tendencies impacting the way forward for market analysis, obtain the newest free pattern report of 2020-2024: https://www.technavio.com/talk-to-us?report=IRTNTR31208
Cryptocurrency Mining {Hardware} Market 2019-2023: Scope
Technavio presents an in depth image of the market by means of examine, synthesis, and summation of knowledge from a number of sources. Our cryptocurrency mining hardware market report covers the next areas:
- Cryptocurrency Mining {Hardware} Market dimension
- Cryptocurrency Mining {Hardware} Market tendencies
- Cryptocurrency Mining {Hardware} Market business evaluation
This examine identifies using smartphones and functions to mine cryptocurrency as one of many prime causes driving the cryptocurrency mining {hardware} market progress in the course of the subsequent few years.
Cryptocurrency Mining {Hardware} Market 2019-2023: Vendor Evaluation
We offer an in depth evaluation of distributors working within the cryptocurrency mining {hardware} market, together with among the distributors similar to Superior Micro Units, Inc, Baikal Miner, Bitfury Group Restricted, BitMain Applied sciences Holding Firm, and Canaan Inventive CO., LTD. Backed with aggressive intelligence and benchmarking, our analysis studies on the cryptocurrency mining {hardware} market are designed to supply entry assist, buyer profile, and M&As in addition to go-to-market technique assist.
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Cryptocurrency Mining {Hardware} Market 2019-2023: Key Highlights
- CAGR of the market in the course of the forecast interval 2019-2023
- Detailed info on components that can help cryptocurrency mining {hardware} market progress in the course of the subsequent 5 years
- Estimation of the cryptocurrency mining {hardware} market dimension and its contribution to the guardian market
- Predictions on upcoming tendencies and adjustments in shopper conduct
- The expansion of the cryptocurrency mining {hardware} market
- Evaluation of the market’s aggressive panorama and detailed info on distributors
- Complete particulars of things that can problem the expansion of cryptocurrency mining {hardware} market distributors
Desk Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.three Foreign money conversion charges for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market traits
- Market segmentation evaluation
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market dimension and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining energy of consumers
- Bargaining energy of suppliers
- Menace of recent entrants
- Menace of substitutes
- Menace of rivalry
- Market situation
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparability by product
- ASIC – Market dimension and forecast 2018-2023
- GPU – Market dimension and forecast 2018-2023
- Parameters for collection of cryptocurrency mining {hardware}
- Market alternative by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparability
- APAC – Market dimension and forecast 2018-2023
- North America – Market dimension and forecast 2018-2023
- Europe – Market dimension and forecast 2018-2023
- South America – Market dimension and forecast 2018-2023
- MEA – Market dimension and forecast 2018-2023
- Key main nations
- Market alternative
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Developments in international cryptocurrency market affecting international cryptocurrency
- mining {hardware} market
PART 12: VENDOR LANDSCAPE
- Overview
- Panorama disruption
- Aggressive situation
PART 13: VENDOR ANALYSIS
- Distributors lined
- Vendor classification
- Market positioning of distributors
- Superior Micro Units, Inc
- Baikal Miner
- Bitfury Group Restricted
- BitMain Applied sciences Holding Firm
- Canaan Inventive CO., LTD
PART 14: APPENDIX
- Analysis methodology
- Listing of abbreviations
- Definition of vendor positioning
PART 15: EXPLORE TECHNAVIO
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