Analysis of COVID-19-Cryptocurrency Mining Hardware Market 2019-2023 | Popularity of Mining Pools to Boost Growth | Technavio – Business Wire

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the cryptocurrency mining hardware market, and it is poised to grow by USD 2.7 billion during 2019-2023, progressing at a CAGR of 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Advanced Micro Devices, Inc, Baikal Miner, Bitfury Group Limited, BitMain Technologies Holding Company, and Canaan Creative CO., LTD. are some of the major market participants. The popularity of mining pools will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The popularity of mining pools has been instrumental in driving the growth of the market.

Cryptocurrency Mining Hardware Market 2019-2023: Segmentation

Cryptocurrency Mining Hardware Market is segmented as below:

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Cryptocurrency Mining Hardware Market 2019-2023: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our cryptocurrency mining hardware market report covers the following areas:

This study identifies the use of smartphones and applications to mine cryptocurrency as one of the prime reasons driving the cryptocurrency mining hardware market growth during the next few years.

Cryptocurrency Mining Hardware Market 2019-2023: Vendor Analysis

We provide a detailed analysis of vendors operating in the cryptocurrency mining hardware market, including some of the vendors such as Advanced Micro Devices, Inc, Baikal Miner, Bitfury Group Limited, BitMain Technologies Holding Company, and Canaan Creative CO., LTD. Backed with competitive intelligence and benchmarking, our research reports on the cryptocurrency mining hardware market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

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Cryptocurrency Mining Hardware Market 2019-2023: Key Highlights

Table Of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY PRODUCT

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

PART 13: VENDOR ANALYSIS

PART 14: APPENDIX

PART 15: EXPLORE TECHNAVIO

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Analysis of COVID-19-Cryptocurrency Mining Hardware Market 2019-2023 | Popularity of Mining Pools to Boost Growth | Technavio - Business Wire