2019 Worldwide Cryptocurrency Mining Hardware Market - High Operating Costs Leading to Low Profit Margins

DUBLIN, May 9, 2019 /PRNewswire/ -- The "Global Cryptocurrency Mining Hardware Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

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The increasing number of product launches are expected to trigger market growth during the forecast period. Vendors are making significant investments in research and development for developing innovative technologies and new products. In addition, they are incorporating different technologies for increasing the hash rate and reducing power consumption for making mining more efficient. Such a rising number of product launches will boost the cryptocurrency mining hardware market during the forecast period. The analysts have predicted that the cryptocurrency mining hardware market will register a CAGR of over 10% by 2023.

One of the growth drivers of the global cryptocurrency mining hardware market is the growing demand for cryptocurrency-specific hardware. This has led to the development of field-programmable gate array (FPGA) processors and ASICs that use hard-wired logic chipsets, which are specifically designed with hash-solving instructions.

One of the challenges in the growth of the global cryptocurrency mining hardware market is the high operational cost leading to low-profit margins. The rise in the number of cryptocurrency startups closing their operations will affect the growth of the market during the forecast period.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

    --  Preface
    --  Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

    --  Market ecosystem
    --  Market characteristics
    --  Market segmentation analysis

PART 04: MARKET SIZING

    --  Market definition
    --  Market sizing 2018
    --  Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

    --  Bargaining power of buyers
    --  Bargaining power of suppliers
    --  Threat of new entrants
    --  Threat of substitutes
    --  Threat of rivalry
    --  Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

    --  Market segmentation by product
    --  Comparison by product
    --  ASIC - Market size and forecast 2018-2023
    --  GPU - Market size and forecast 2018-2023
    --  Parameters for selection of cryptocurrency mining hardware
    --  Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

    --  Market drivers
    --  Market challenges

PART 11: MARKET TRENDS

    --  Trends in global cryptocurrency market affecting global cryptocurrency
        mining hardware market

PART 12: VENDOR LANDSCAPE

    --  Overview
    --  Landscape disruption
    --  Competitive scenario

PART 13: VENDOR ANALYSIS

PART 14: APPENDIX

    --  Vendors covered
    --  Vendor classification
    --  Market positioning of vendors
    --  Advanced Micro Devices, Inc
    --  Baikal Miner
    --  Bitfury Group Limited
    --  BitMain Technologies Holding Company
    --  Canaan Creative CO., LTD

For more information about this report visit

https://www.researchandmarkets.com/r/n6u0v1

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