Australia Cryptocurrency Mining Hardware Market Size & Outlook
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Australia cryptocurrency mining hardware market highlights
- The Australia cryptocurrency mining hardware market generated a revenue of USD 87.9 million in 2023 and is expected to reach USD 180.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, bitcoin was the largest revenue generating coin in 2023.
- Bitcoin is the most lucrative coin segment registering the fastest growth during the forecast period.
Cryptocurrency mining hardware market data book summary
| Market revenue in 2023 | USD 87.9 million |
| Market revenue in 2030 | USD 180.7 million |
| Growth rate | 10.8% (CAGR from 2024 to 2030) |
| Largest segment | Bitcoin |
| Fastest growing segment | Bitcoin |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bitcoin, Ethereum, Monero |
| Key market players worldwide | Bitmain, Bitfury Group, Innosilicon |
Other key industry trends
- In terms of revenue, Australia accounted for 4.2% of the global cryptocurrency mining hardware market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cryptocurrency mining hardware market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 157.7 million by 2030.
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Cryptocurrency Mining Hardware Market Scope
Cryptocurrency Mining Hardware Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Innosilicon | View profile | 101-250 | Wuhan, Hubei, China, Asia | https://www.innosilicon.com/ |
| Bitfury Group | View profile | 501-1000 | Amsterdam, Noord-Holland, The Netherlands, Europe | http://www.bitfury.com |
| Bitmain | View profile | 501-1000 | Beijing, Beijing, China, Asia | https://www.bitmain.com |
Australia 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 39.7% in 2023. Horizon Databook has segmented the Australia cryptocurrency mining hardware market based on bitcoin, ethereum, monero covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Australia 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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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 country-level data and insights on the Australia cryptocurrency mining hardware market , including forecasts for subscribers. This country databook contains high-level insights into Australia cryptocurrency mining hardware market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia cryptocurrency mining hardware market size, by coin, 2018-2030 (US$M)
Australia Cryptocurrency Mining Hardware Market Outlook Share, 2023 & 2030 (US$M)
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