Global Cryptocurrency Mining Equipment market is forecasted to grow at a CAGR of 18.7% during the period 2018-2023

Summary:
Latest Research Report on Global Cryptocurrency Mining Equipment Market Added by Garner Insights which covers Market Overview, Future Economic Impact, Competition by Manufacturers, Supply (Production), & Consumption Analysis

The Cryptocurrency Mining Equipment Market research study relies upon a combination of primary as well as secondary research. The investments by large semiconductor companies in mining-specific hardware are one of the major trends being witnessed in the market. Mainstream desktops, laptops, and powerful gaming consoles have high energy needs and slow hash rates. Thus, they are not economical to run cryptocurrency mining hardware. The growing demand from hobbyists and beginners for mining hardware has encouraged large semiconductor companies and system designers to invest in cryptocurrency mining-specific hardware. PCs and gaming specific-hardware solutions were used earlier to mine cryptocurrencies such as Bitcoin. But, due to the advantages of ASIC mining hardware, the use of PCs has decreased.

GET SAMPLE REPORT @ https://goo.gl/iMZFxJ

Over the next five years, Garner Insights projects that Cryptocurrency Mining Equipment will register a 18.7% CAGR in terms of revenue, reach US$ 2790 million by 2023, from US$ 1000 million in 2017.

The report also profiles some of the major players functioning in the Global Cryptocurrency Mining Equipment Market, on the basis of various factors such as the company overview, revenue, product offering (s), key development (s), business strategies, Porter’s five forces analysis, and SWOT analysis.

Key players
Some of the major players profiled in this report include Advanced Micro Devices, Inc, Russian Miner Coin, Halong Mining, Zhejiang Ebang Communication Co., Ltd, NVIDIA Graphics Pvt. Ltd, Bitmain Technologies Ltd, SBI Group, Bitfury, TSMC, Canaan Creative Co. Ltd, Global Foundries, United Microelectronics Corporation

Market Scenario:

The report sheds light on the highly lucrative Global Cryptocurrency Mining Equipment Market and its diversifying nature. The report provides a detailed analysis of the market segmentation, size, and share; market dynamics such as the growth drivers, restraints, challenges, and opportunities; service providers, investors, stakeholders, and key market players. In addition, the report highlights the threat factors that the market will likely encounter over the forecast period. The report provides detailed profile assessments and multi-scenario revenue projections for the most promising industry participants. The Global Cryptocurrency Mining Equipment Industry report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition.

Cryptocurrency Mining Equipment Market Segmentation By Types And Application:  

By Types: Graphics Processing Units (GPUs), Field Programmable Gate Arrays (FPGAs), PCs or other consumer electronics

By Applications: Self Mining, Cloud Mining Services, Remote Hosting Services

Regional analysis
Based on geographies Cryptocurrency Mining Equipment market has been analyzed as:
Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia

The main points which are answered and covered in this Report are-

What will be the total Cryptocurrency Mining Equipmentmarket size in the coming years till 2021?
What will be the key factors which will be overall affecting the industry?
What are the various challenges addressed?
Which are the major companies included?

More detailed information, please feel free to contact: https://goo.gl/6Vyv2w

Following Sections to show the Cryptocurrency Mining Equipment Market showcase
Section 1: Industry: Overview, Development of Market Segment, Upstream, Downstream and Cost Analysis
Section 2: Industry Environment: Policy, Economics, Sociology, and Technology
Section 3: Supply (Production), Consumption, Export, Import by Region (2012-2017)
Section 4: Industrial Chain, Sourcing Strategy and Downstream Buyers
Section 5: Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis
Continued…

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like Asia, United States, Europe 

 

 

About Us:

We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the Cryptocurrency Mining Equipment market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.

Contact Us:
Mr. Kevin Thomas
Direct:
+1 513 549 5911 (US)
+44 203 318 2846 (UK)
Email: sales@garnerinsights.com

This release was published on openPR.