Global Cryptocurrency Mining Hardware Market Size & Outlook
Global cryptocurrency mining hardware market, 2018-2030 (US$M)
Related Markets
Global cryptocurrency mining hardware market highlights
- The global cryptocurrency mining hardware market generated a revenue of USD 2,111.2 million in 2023 and is expected to reach USD 4,074.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.8% by 2030.
- In terms of segment, bitcoin accounted for a revenue of USD 852.9 million in 2023.
- Bitcoin is the most lucrative coin segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,111.2 million |
| Market revenue in 2030 | USD 4,074.2 million |
| Growth rate | 9.8% (CAGR from 2023 to 2030) |
| Largest segment | Bitcoin |
| Fastest growing segment | Bitcoin |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bitcoin, Ethereum, Monero |
Other key industry trends
- In terms of revenue, the North America accounted for 34.3% of the global cryptocurrency mining hardware market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, France is the fastest growing regional market and is projected to reach USD 176.3 million by 2030.
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Cryptocurrency Mining Hardware Market Scope
Cryptocurrency Mining Hardware Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cryptocurrency mining hardware market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cryptocurrency mining hardware market will help companies and investors design strategic landscapes.
Bitcoin was the largest segment with a revenue share of 40.4% in 2023. Horizon Databook has segmented the Global cryptocurrency mining hardware market based on bitcoin, ethereum, monero covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cryptocurrency Mining Hardware Coin Outlook (Revenue, USD Million, 2018-2030)
- Bitcoin
- Ethereum
- Monero
- Cardano
- Solana
- Litecoin
- DAI
- Ripple
- Dogecoin
- Others
- Global Cryptocurrency Mining Hardware Application Outlook (Revenue, USD Million, 2018-2030)
- Enterprise
- Personal
- Commercial Spaces
- Restaurants & Others Hospitality Spaces
- Transportation Hubs
- Standalone Units Hubs
- Peer-to-Peer Payments
- Trading
- Remittance
- Others
- Global Cryptocurrency Mining Hardware Type Outlook (Revenue, USD Million, 2018-2030)
- Central Processing Unit
- Graphics Processing Unit
- Application-Specific Integrated Circuit
- Field Programmable Gate Array
- One Way
- Two Way
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Target buyers of Global cryptocurrency mining hardware market databook
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Our clientele includes a mix of cryptocurrency mining hardware market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global cryptocurrency mining hardware market , including forecasts for subscribers. This global databook contains high-level insights into Global cryptocurrency mining hardware market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global cryptocurrency mining hardware market size, by region, 2018-2030 (US$M)
Top 10 countries: Cryptocurrency mining hardware market size, 2023 (US$M)
Global cryptocurrency mining hardware market share, by coin, 2023 & 2030 (%, US$M)
Cryptocurrency mining hardware market: Opportunity assessment by country
Global cryptocurrency mining hardware market, by region, 2023 (US$M)
| Coin | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 68.3 | 76.4 | 85.6 | 93.2 | 101.3 | 110.8 | 121.7 | 134.3 | 148.9 | 166.1 | 186.4 | 210.7 | 239.8 | 11.5% |
| Europe | 281.5 | 304.2 | 328.9 | 345.6 | 362.4 | 382.3 | 405.1 | 431.1 | 461.1 | 495.9 | 536.7 | 584.8 | 641.7 | 7.5% |
| North America | 480.6 | 529.9 | 585.0 | 625.9 | 671.7 | 725.1 | 786.3 | 856.2 | 936.9 | 1,030.9 | 1,141.3 | 1,272.0 | 1,427.7 | 9.8% |
| MEA | 107.4 | 116.7 | 126.9 | 132.3 | 140.9 | 150.6 | 161.4 | 173.3 | 186.7 | 201.7 | 218.8 | 238.4 | 260.8 | 8.0% |
| Asia Pacific | 481.2 | 533.1 | 591.2 | 636.3 | 685.3 | 742.4 | 808.1 | 883.3 | 970.5 | 1,072.2 | 1,192.0 | 1,334.3 | 1,504.2 | 10.4% |
| Overall | 1,419.0 | 1,560.3 | 1,717.6 | 1,833.4 | 1,961.6 | 2,111.2 | 2,282.6 | 2,478.2 | 2,704.1 | 2,966.9 | 3,275.3 | 3,640.1 | 4,074.2 | 9.9% |
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