Market Overview:
The global mining servers market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cryptocurrency and the need for efficient and powerful mining servers. The global mining servers market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into ASIC miner, GPU mining rig, and others. The ASIC miner segment is expected to hold a major share of the global mining servers market during the forecast period owing to its high efficiency and performance as compared to other types of miners. On the basis of application, enterprise accounted for a majority share in 2017 owing to its growing demand from data centers across various industries such as BFSI, retail & ecommerce, healthcare & life sciences etc. However, with increasing awareness about cryptocurrencies among individuals across different geographies personal applications are also projected register significant growth duringthe forecast period .Regionally North America held a dominant position in 2017 followed by Europe due rising numberof data centers coupled with presenceof key players in these regions .
Product Definition:
A mining server is a type of computer used to mine cryptocurrencies. They are usually high-powered systems specifically designed for the task, and they can be expensive to set up and run. Mining servers are important because they provide the computing power necessary to verify and process transactions on blockchain networks, which in turn rewards miners with cryptocurrency tokens.
ASIC Miner:
ASIC Miner is a type of mining hardware that performs the Bitcoin mathematical calculations and converts the results into blocks. An ASIC (Application Specific Integrated Circuit) miner is designed for a specific task. For example, BitMain’s Antminer U1 is an ASIC designed for mining Ethereum, while BitMain’s Antminer S7 is an ASIC designed for mining Bitcoin.
GPU Mining Rig:
A GPU (Graphics Processing Unit) mining rig is a set of hardware that is used for mining cryptocurrencies such as Bitcoin, Ethereum, and Monero. The growing demand for cryptocurrency has led to an increase in the number of miners across the globe. This rise in demand can be attributed to the fact that cryptocurrency provides several benefits such as faster transactions, low transaction fees, and greater privacy compared to traditional payment methods.
Application Insights:
The enterprise segment dominated the global mining servers market in 2017 and is expected to retain its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for robust, reliable and high-performance computing infrastructure from various industries such as financial services, media & entertainment, retail and others.
The personal segment is anticipated to exhibit considerable growth over the forecast period owing to rising interest among individuals who are considering entering into cryptocurrency mining operations. Mining rigs can be deployed at home by individuals on a small scale or large scale basis depending upon their budget constraints along with their knowledge of hardware & software maintenance as well as electrical engineering fields. Deployment of these systems at home offers flexibility in terms of power supply requirements along with ease in monitoring system performance which makes it suitable for individual miners across different geographies worldwide.
Regional Analysis:
Asia Pacific dominated the global mining servers market in 2017. The region is expected to maintain its dominance over the forecast period as well owing to factors such as increasing investments in data centers and rising electricity costs. In addition, countries such as China and Japan are anticipated to witness high demand for these systems due to their large population and growing internet usage rates.
The European regional market captured a revenue share of more than 20% in 2017 owing to an increase in ASIC mining rig sales across several countries, including Germany, Italy, France, UK and Russia among others. Moreover, Switzerland has emerged a popular country for hosting mining farms on account of low power consumption costs coupled with stable infrastructure facilities offered by hydroelectricity plants or geothermal energy sources along with cold climate conditions that reduce operational expenses significantly comparedto other parts of the world.
Growth Factors:
- Increasing demand for data storage: The global data storage requirement is expected to grow at a CAGR of 31.5% from 2016 to 2020, reaching 8EB by 2020. This is primarily attributed to the growth in big data and IoT applications. The mining servers market is expected to benefit from this trend as it offers high-density storage solutions that are required for storing large amounts of unstructured data.
- Growing demand for cloud services: Cloud services are witnessing rapid adoption due to their benefits such as scalability, flexibility, and cost-effectiveness. This is resulting in an increase in the demand for mining servers that can handle large scale deployments and provide high performance levels needed by cloud service providers (CSPs).
- Proliferation of digital content: With the proliferation of digital content such as videos, images, and music, there is an increasing need for efficient content delivery mechanisms that can handle large volumes of traffic without affecting performance levels or causing latency issues. Mining servers offer a suitable solution for this problem by providing high throughput and low latency performance characteristics needed for delivering digital content quickly and efficiently across networks."
Scope Of The Report
Report Attributes
Report Details
Report Title
Mining Servers Market Research Report
By Type
ASIC Miner, GPU Mining Rig, Others
By Application
Enterprise, Personal
By Companies
BitMain Technologies Holding, Canaan Creative, Halong Mining, Advanced Micro Devices, Baikal Miner, Bitfury Group, Canaan Creative, Innosilicon, ASICMiner, Ebang Communication
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Mining Servers Market Report Segments:
The global Mining Servers market is segmented on the basis of:
Types
ASIC Miner, GPU Mining Rig, Others
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
Enterprise, Personal
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:
- BitMain Technologies Holding
- Canaan Creative
- Halong Mining
- Advanced Micro Devices
- Baikal Miner
- Bitfury Group
- Canaan Creative
- Innosilicon
- ASICMiner
- Ebang Communication
Highlights of The Mining Servers 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:
- ASIC Miner
- GPU Mining Rig
- Others
- By Application:
- Enterprise
- Personal
- 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 Mining Servers 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
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- 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?
Mining servers are computers that are specifically designed to mine cryptocurrencies. They usually have high-powered processors and graphics cards, which allow them to quickly solve complex mathematical problems in order to find new blocks of cryptocurrency. Mining servers can also be rented out by miners who want to make a profit from their mining efforts.
Some of the major companies in the mining servers market are BitMain Technologies Holding, Canaan Creative, Halong Mining, Advanced Micro Devices, Baikal Miner, Bitfury Group, Canaan Creative, Innosilicon, ASICMiner, Ebang Communication.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mining Servers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mining Servers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mining Servers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mining Servers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mining Servers Market Size & Forecast, 2018-2028
4.5.1 Mining Servers Market Size and Y-o-Y Growth
4.5.2 Mining Servers Market Absolute $ Opportunity
Chapter 5 Global Mining Servers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mining Servers Market Size Forecast by Type
5.2.1 ASIC Miner
5.2.2 GPU Mining Rig
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mining Servers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mining Servers Market Size Forecast by Applications
6.2.1 Enterprise
6.2.2 Personal
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mining Servers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mining Servers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mining Servers Analysis and Forecast
9.1 Introduction
9.2 North America Mining Servers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mining Servers Market Size Forecast by Type
9.6.1 ASIC Miner
9.6.2 GPU Mining Rig
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mining Servers Market Size Forecast by Applications
9.10.1 Enterprise
9.10.2 Personal
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mining Servers Analysis and Forecast
10.1 Introduction
10.2 Europe Mining Servers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mining Servers Market Size Forecast by Type
10.6.1 ASIC Miner
10.6.2 GPU Mining Rig
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mining Servers Market Size Forecast by Applications
10.10.1 Enterprise
10.10.2 Personal
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mining Servers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mining Servers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mining Servers Market Size Forecast by Type
11.6.1 ASIC Miner
11.6.2 GPU Mining Rig
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mining Servers Market Size Forecast by Applications
11.10.1 Enterprise
11.10.2 Personal
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mining Servers Analysis and Forecast
12.1 Introduction
12.2 Latin America Mining Servers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mining Servers Market Size Forecast by Type
12.6.1 ASIC Miner
12.6.2 GPU Mining Rig
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mining Servers Market Size Forecast by Applications
12.10.1 Enterprise
12.10.2 Personal
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mining Servers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mining Servers Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mining Servers Market Size Forecast by Type
13.6.1 ASIC Miner
13.6.2 GPU Mining Rig
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mining Servers Market Size Forecast by Applications
13.10.1 Enterprise
13.10.2 Personal
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mining Servers Market: Competitive Dashboard
14.2 Global Mining Servers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BitMain Technologies Holding
14.3.2 Canaan Creative
14.3.3 Halong Mining
14.3.4 Advanced Micro Devices
14.3.5 Baikal Miner
14.3.6 Bitfury Group
14.3.7 Canaan Creative
14.3.8 Innosilicon
14.3.9 ASICMiner
14.3.10 Ebang Communication
