Global Cryptocurrency Mining Equipment Market Outlook 2022

Cryptocurrency mining refers to the principle of block chain technology which includes the assembling of transactions into blocks and then executes multiple computations, which further seal those blocks. The main advantage of cryptocurrency mining is that it verifies the transaction and in return provides transaction fees and new block.
The adoption of cryptocurrency mining services such as cloud mining services and remote hosting services is increasing in the developed regions. This factor is estimated to showcase a significant growth in the global cryptocurrency mining equipment market over the forecast period. Apart from this, increasing technological advancement in GPUs and ASICs is providing the miners with higher probability. This factor is expected to increase the growth of global cryptocurrency mining equipment market over the forecast period.

The global Cryptocurrency Mining Equipment market was valued at US$ 1197.6 million in 2020 and is expected to reach US$ 2498 million by the end of 2027, growing at a CAGR of 10.6% during 2021-2027.
This report focuses on Cryptocurrency Mining Equipment volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Cryptocurrency Mining Equipment market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Cryptocurrency Mining Equipment Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type
CPU Mining
Graphics Processing Units (GPUs)
Field Programmable Gate Arrays (FPGAs)
Application Specific Integrated Circuits (ASICs)
Others


Segment by Application
Self-Mining
Cloud Mining Services
Remote Hosting Services
Others


By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E


By Company
Samsung Electronics
NVIDIA Graphics
Advanced Micro Devices
Russian Miner Coin
Halong Mining
Zhejiang Ebang Communication
Bitmain Technologies
Canaan Creative
TSMC
BitFury