Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global ASIC Chip Market by Type (Semi Customizing, Full Customization), By Application (Artificial Intelligence, Blockchain, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global ASIC Chip Market by Type (Semi Customizing, Full Customization), By Application (Artificial Intelligence, Blockchain, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 133720 3300 Electronics & Semiconductor 377 238 Pages 5 (45)

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.

Global ASIC Chip Industry Outlook

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


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. Avalon
  2. Bitmain
  3. ASICMiner
  4. Spards
  5. Samsung
  6. Texas Instruments
  8. TSMC

Global ASIC Chip Market Overview

Highlights of The ASIC Chip Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Semi Customizing
    2. Full Customization
  1. By Application:

    1. Artificial Intelligence
    2. Blockchain
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global ASIC Chip Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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 Overview Financials Developments Strategic Outlook
      14.4.2. Bitmain Overview Financials Developments Strategic Outlook
      14.4.3. ASICMiner Overview Financials Developments Strategic Outlook
      14.4.4. Spards Overview Financials Developments Strategic Outlook
      14.4.5. Samsung Overview Financials Developments Strategic Outlook
      14.4.6. Texas Instruments Overview Financials Developments Strategic Outlook
      14.4.7. NVIDIA Overview Financials Developments Strategic Outlook
      14.4.8. TSMC Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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