Global Cryptocurrency Mining Hardware Market Size & Outlook

The cryptocurrency mining hardware industry worldwide is expected to reach a projected revenue of US$ 4,074.2 million by 2030. A compound annual growth rate of 9.8% is expected of the worldwide cryptocurrency mining hardware industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,111.2
Forecast, 2030 (US$M)
$4,074.2
CAGR, 2024 - 2030
9.8%
Report Coverage
Worldwide

Global cryptocurrency mining hardware market, 2018-2030 (US$M)

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 2023USD 2,111.2 million
Market revenue in 2030USD 4,074.2 million
Growth rate9.8% (CAGR from 2023 to 2030)
Largest segmentBitcoin
Fastest growing segmentBitcoin
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBitcoin, 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 segmentation & scope
Cardano
Solana
Litecoin
DAI
Ripple
Dogecoin
Others
Commercial Spaces
Restaurants & Others Hospitality Spaces
Transportation Hubs
Standalone Units Hubs
Peer-to-Peer Payments
Trading
Remittance
Others

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

  • Our clientele includes a mix of cryptocurrency mining hardware market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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)

Global cryptocurrency mining hardware market size, by region, 2018-2030 (US$M)

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