Market Overview:
The global ASIC chip market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for ASIC chips from various application segments such as artificial intelligence, blockchain and others. Additionally, the growing demand for semicustomizing and full customization of ASIC chips is also contributing to the growth of this market. However, factors such as high initial investment and stringent government regulations are restraining the growth of this market. On basis of type, semi customizing held a major share in 2017 and is expected to continue its dominance during the forecast period. This can be attributed to its low cost and shorter time-to-market as compared with full customization. On basis of application, artificial intelligence held a major share in 2017 and is expected to continue its dominance during the forecast period owing to rising adoption by various end users across different industries.
Product Definition:
An ASIC chip is a microchip specifically designed to do one task and one task only. In the case of Bitcoin, they are designed to mine Bitcoin.
ASIC chips are important because they allow miners to compete equally regardless of their location or financial status. They also reduce the amount of electricity needed to mine Bitcoin, making it more environmentally friendly.
Semi Customizing:
Semi-customizing is a process of designing an integrated circuit (IC) by using specific customer requirements and then creating a layout for the same. The major benefit associated with this technique is that the design can be created in phases, wherein each phase caters to a different set of customers. For instance, Phase 1 creates basic circuits while Phase 2 adds enhancements and complexity to the circuits created in Phase 1.
Full Customization:
Full customization is the ability of a designer to design an integrated circuit (IC) without any restrictions on the types of signals that can be input into the gates, and without any predefined functionalities. In other words, it's total control over designing an IC.
The traditional method used for designing an IC includes creating a layout for every gate in a chip with its signal assignments and functionality.
Application Insights:
The others application segment accounted for the largest revenue share of over 30% in 2017. The segment includes machine learning, big data analytics, and the Internet of Things among others. Artificial intelligence is expected to be one of the fastest-growing segments during the forecast period owing to increasing demand for ASIC chips that provide enhanced performance and efficiency in AI applications.
The blockchain technology has captured everyone¢â‚¬â„¢s attention these days due to its underlying principles such as decentralization, immutability, and security. Various companies have developed their products based on this technology which will help them in gaining competitive edge over their rivals. For instance; BitFury Group offers a Blockchain-as-a-Service platform while HIVE provides a mining solution based on AMD Radeon GPUs designed for cryptocurrency miners across offices and data centers globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising investments in artificial intelligence, machine learning, and robotics by several companies. Moreover, increasing demand for consumer electronics such as smartphones and tablets is anticipated to drive the regional market further. China has emerged as a major contributor owing to significant investments made by domestic manufacturers such as Alibaba Group (Group) Ltd., Huawei Technologies Co., Ltd., ZTE Corporation; along with foreign players such as Intel Corporation; Google LLC; Qualcomm Inc.; Samsung Electronics Co., Ltd.; among others.
North America accounted for more than 20% of the overall revenue share in 2017 on account of high adoption rates of advanced technologies across various industry verticals including automotive, telecom sector, healthcare & life sciences among others.
Growth Factors:
- Increasing demand for ASIC chips in Bitcoin and other cryptocurrency mining
- Rising demand from the data center market for high performance, low power ASICs
- Proliferation of AI and machine learning applications that require specialized ASICs
- Growing popularity of blockchain technology and the need for dedicated ASICs to support it
- Advances in semiconductor technology that make smaller, more powerful ASIC chips possible
Scope Of The Report
Report Attributes
Report Details
Report Title
ASIC Chip Market Research Report
By Type
Semi Customizing, Full Customization
By Application
Artificial Intelligence, Blockchain, Others
By Companies
Avalon, Bitmain, ASICMiner, Spards, Samsung, Texas Instruments, NVIDIA, TSMC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global ASIC Chip Market Report Segments:
The global ASIC Chip market is segmented on the basis of:
Types
Semi Customizing, Full Customization
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Artificial Intelligence, Blockchain, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Avalon
- Bitmain
- ASICMiner
- Spards
- Samsung
- Texas Instruments
- NVIDIA
- TSMC
Highlights of The ASIC Chip Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Semi Customizing
- Full Customization
- By Application:
- Artificial Intelligence
- Blockchain
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the ASIC Chip Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
ASIC chips are semiconductor devices that have been specifically designed for mining cryptocurrencies. They are very efficient at solving complex mathematical problems, and as a result, they are able to generate large amounts of cryptocurrency quickly.
Some of the major players in the asic chip market are Avalon, Bitmain, ASICMiner, Spards, Samsung, Texas Instruments, NVIDIA, TSMC.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. ASIC Chip Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. ASIC Chip Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. ASIC Chip Market - Supply Chain
4.5. Global ASIC Chip Market Forecast
4.5.1. ASIC Chip Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. ASIC Chip Market Size (000 Units) and Y-o-Y Growth
4.5.3. ASIC Chip Market Absolute $ Opportunity
5. Global ASIC Chip Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. ASIC Chip Market Size and Volume Forecast by Type
5.3.1. Semi Customizing
5.3.2. Full Customization
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global ASIC Chip Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. ASIC Chip Market Size and Volume Forecast by Application
6.3.1. Artificial Intelligence
6.3.2. Blockchain
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global ASIC Chip Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. ASIC Chip Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global ASIC Chip Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. ASIC Chip Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global ASIC Chip Demand Share Forecast, 2019-2029
9. North America ASIC Chip Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America ASIC Chip Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America ASIC Chip Market Size and Volume Forecast by Application
9.4.1. Artificial Intelligence
9.4.2. Blockchain
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America ASIC Chip Market Size and Volume Forecast by Type
9.7.1. Semi Customizing
9.7.2. Full Customization
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America ASIC Chip Demand Share Forecast, 2019-2029
10. Latin America ASIC Chip Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America ASIC Chip Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America ASIC Chip Market Size and Volume Forecast by Application
10.4.1. Artificial Intelligence
10.4.2. Blockchain
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America ASIC Chip Market Size and Volume Forecast by Type
10.7.1. Semi Customizing
10.7.2. Full Customization
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America ASIC Chip Demand Share Forecast, 2019-2029
11. Europe ASIC Chip Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe ASIC Chip Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe ASIC Chip Market Size and Volume Forecast by Application
11.4.1. Artificial Intelligence
11.4.2. Blockchain
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe ASIC Chip Market Size and Volume Forecast by Type
11.7.1. Semi Customizing
11.7.2. Full Customization
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe ASIC Chip Demand Share, 2019-2029
12. Asia Pacific ASIC Chip Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific ASIC Chip Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific ASIC Chip Market Size and Volume Forecast by Application
12.4.1. Artificial Intelligence
12.4.2. Blockchain
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific ASIC Chip Market Size and Volume Forecast by Type
12.7.1. Semi Customizing
12.7.2. Full Customization
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific ASIC Chip Demand Share, 2019-2029
13. Middle East & Africa ASIC Chip Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa ASIC Chip Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa ASIC Chip Market Size and Volume Forecast by Application
13.4.1. Artificial Intelligence
13.4.2. Blockchain
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa ASIC Chip Market Size and Volume Forecast by Type
13.7.1. Semi Customizing
13.7.2. Full Customization
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa ASIC Chip Demand Share, 2019-2029
14. Competition Landscape
14.1. Global ASIC Chip Market: Market Share Analysis
14.2. ASIC Chip Distributors and Customers
14.3. ASIC Chip Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Avalon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bitmain
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ASICMiner
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Spards
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Samsung
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Texas Instruments
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NVIDIA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TSMC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
