NEW YORK, Aug. 12, 2021 /PRNewswire/ — The global cryptocurrency mining hardware market is expected to grow by $ 2.82 bn and reach 2025 as per Technavio. This marks a significant market slowdown compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2021. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 7.85%. The few top players of the market are 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.
Read the 127-page report with TOC on “Cryptocurrency Mining Hardware Market Analysis Report by Product (ASIC and GPU) and Geography (APAC, North America, Europe, South America, and MEA), and the Segment Forecasts, 2021-2025″. Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. Make confident decisions using our benchmarks and analysis.
The cryptocurrency mining hardware market is driven by the rising popularity of mining pools. In addition, the increasing number of product launches and growing demand for cryptocurrency-specific hardware is anticipated to boost the growth of the Cryptocurrency Mining Hardware Market
Major 5 Cryptocurrency Mining Hardware Companies:
- Advanced Micro Devices Inc.
- ASICminer Co.
- Baikal Miner
- Canaan Inc.
- Shenzhen MicroBT Electronics Technology Co. Ltd.
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Cryptocurrency Mining Hardware Market Product Outlook (Revenue, USD bn, 2020-2025)
- ASIC – size and forecast 2020-2025
- GPU – size, and forecast 2020-2025
Cryptocurrency Mining Hardware Market Geography Outlook (Revenue, USD bn, 2020-2025)
- APAC – size and forecast 2020-2025
- North America – size and forecast 2020-2025
- Europe – size and forecast 2020-2025
- South America – size and forecast 2020-2025
- MEA – size and forecast 2020-2025
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