Global Cryptocurrency Mining Market Growth (Status and Outlook) 2023-2029

Global Cryptocurrency Mining Market Growth (Status and Outlook) 2023-2029

Cryptocurrency mining is a validation of transactions. For this effort, successful miners obtain new cryptocurrency as a reward.
LPI (LP Information)' newest research report, the “Cryptocurrency Mining Industry Forecast” looks at past sales and reviews total world Cryptocurrency Mining sales in 2022, providing a comprehensive analysis by region and market sector of projected Cryptocurrency Mining sales for 2023 through 2029. With Cryptocurrency Mining sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cryptocurrency Mining industry.
This Insight Report provides a comprehensive analysis of the global Cryptocurrency Mining landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cryptocurrency Mining portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cryptocurrency Mining market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cryptocurrency Mining and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cryptocurrency Mining.
The global Cryptocurrency Mining market size is projected to grow from US$ 13710 million in 2022 to US$ 16750 million in 2029; it is expected to grow at a CAGR of 2.9% from 2023 to 2029.
Global Cryptocurrency Mining includes HIVE Blockchain Technologies, Bitfarms, Hut 8 Mining, Argo Blockchain and Bit Digital, etc. Global top 5 companies hold a share over 3.3%. North America is the largest market, with a share about 53%, followed by Asia-Pacific and Europe with the share about 23% and 22%.
This report presents a comprehensive overview, market shares, and growth opportunities of Cryptocurrency Mining market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
ASICs
GPUs
FPGAs
Segmentation by application
Remote Hosting Services
Cloud Mining
Self-mining
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
HIVE Blockchain Technologies
Bitfarms
Hut 8 Mining
Argo Blockchain
Bit Digital
GMO Internet
Riot Blockchain
Core Scientific
Marathon Digital Holdings
MGT Capital Investments
Ault Global Holdings

Please note: The report will take approximately 2 business days to prepare and deliver.