LONDON–(BUSINESS WIRE)–Dec 21, 2020–
The cryptocurrency mining {hardware} market is predicted to develop by $ 2.80 bn, progressing at a CAGR of over 7% in the course of the forecast interval.
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Technavio has introduced its newest market analysis report titled World Cryptocurrency Mining {Hardware} Market 2020-2024 (Graphic: Enterprise Wire)
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The rising demand for cryptocurrency-specific {hardware} is likely one of the main components propelling market progress. Nevertheless, components similar to declining value of mining {hardware} will hamper the market progress.
Extra particulars: https://www.technavio.com/report/cryptocurrency-mining-hardware-market-industry-analysis
Cryptocurrency Mining {Hardware} Market: Product Panorama
Based mostly on the product, the ASIC mining section is predicted to witness profitable progress in the course of the forecast interval.
Cryptocurrency Mining {Hardware} Market: Geographic Panorama
By geography, APAC goes to have a profitable progress in the course of the forecast interval. About 57% of the market’s general progress is predicted to originate from APAC. China and Japan are the important thing markets for cryptocurrency mining {hardware} in APAC.
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Corporations Lined:
- Superior Micro Gadgets Inc.
- ASICminer Co.
- Baikal Miner
- Bitfury Group Ltd.
- BitMain Applied sciences Holding Co.
- Canaan Inc.
- Cynosure Applied sciences Co. Ltd.
- Halong Mining
- INNOSILICON Expertise Ltd.
- Shenzhen MicroBT Electronics Expertise Co. Ltd.
What our reviews supply:
- Market share assessments for the regional and country-level segments
- Strategic suggestions for the brand new entrants
- Covers market knowledge for 2019, 2020, till 2024
- Market developments (drivers, alternatives, threats, challenges, funding alternatives, and suggestions)
- Strategic suggestions in key enterprise segments primarily based in the marketplace estimations
- Aggressive landscaping mapping the important thing widespread developments
- Firm profiling with detailed methods, financials, and up to date developments
- Provide chain developments mapping the newest technological developments
Technavio suggests three forecast situations (optimistic, possible, and pessimistic) contemplating the impression of COVID-19. Technavio’s in-depth analysis has direct and oblique COVID-19 impacted market analysis reviews.
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Key Matters Lined:
Government Abstract
Market Panorama
- Market ecosystem
- Worth chain evaluation
Market Sizing
- Market definition
- Market section evaluation
- Market measurement 2019
- Market outlook: Forecast for 2019 – 2024
5 Forces Evaluation
- 5 forces abstract
- Bargaining energy of consumers
- Bargaining energy of suppliers
- Risk of recent entrants
- Risk of substitutes
- Risk of rivalry
- Market situation
Market Segmentation by Product
- Market segments
- Comparability by Product
- ASIC – Market measurement and forecast 2019-2024
- GPU – Market measurement and forecast 2019-2024
- Market alternative by Product
Buyer panorama
Geographic Panorama
- Geographic segmentation
- Geographic comparability
- APAC – Market measurement and forecast 2019-2024
- North America – Market measurement and forecast 2019-2024
- Europe – Market measurement and forecast 2019-2024
- South America – Market measurement and forecast 2019-2024
- MEA – Market measurement and forecast 2019-2024
- Key main international locations
- Market alternative by geography
- Market drivers – Demand led progress
- Market challenges
- Market developments
Vendor Panorama
- Vendor panorama
- Panorama disruption
Vendor Evaluation
- Distributors lined
- Market positioning of distributors
- Superior Micro Gadgets Inc.
- ASICminer Co.
- Baikal Miner
- Bitfury Group Ltd.
- BitMain Applied sciences Holding Co.
- Canaan Inc.
- Cynosure Applied sciences Co. Ltd.
- Halong Mining
- INNOSILICON Expertise Ltd.
- Shenzhen MicroBT Electronics Expertise Co. Ltd.
Appendix
- Scope of the report
- Forex conversion charges for US$
- Analysis methodology
- Listing of abbreviations
About Us
Technavio is a number one world expertise analysis and advisory firm. Their analysis and evaluation focuses on rising market developments and supplies actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 reviews and counting, protecting 800 applied sciences, spanning throughout 50 international locations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising consumer base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to establish alternatives in current and potential markets and assess their aggressive positions inside altering market situations.
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KEYWORD:
INDUSTRY KEYWORD: TECHNOLOGY PROFESSIONAL SERVICES HARDWARE FINANCE
SOURCE: Technavio Analysis
Copyright Enterprise Wire 2020.
PUB: 12/21/2020 02:56 AM/DISC: 12/21/2020 02:56 AM
Copyright Enterprise Wire 2020.
