Middle East & Africa Cryptocurrency Mining Market to 2032

Overview

The Middle East & Africa Cryptocurrency Mining Market is expected to reach a 258.89 USD Million by 2032 and is projected to grow at a CAGR of 9.96% from 2025 to 2032.

Revenue, 2024 (USD Million)

146.42

Forecast, 2032 (USD Million)

258.89

CAGR, 2024 - 2032

9.96%

Report Coverage

Middle East & Africa

Middle East & Africa Cryptocurrency Mining Market 2018-2032 USD Million

Middle East & Africa Cryptocurrency Mining Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 146.42 USD Million
Projected Market Size (2032): 258.89 USD Million
CAGR (2025-2032): 9.96%

Key Findings of Middle East & Africa Cryptocurrency Mining Market

The Middle East & Africa Cryptocurrency Mining Market was valued at 146.42 USD Million in 2024.
The Middle East & Africa Cryptocurrency Mining Market is likely to grow at a CAGR of 9.96% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Large Miners in Mining Enterprises Segment accounted for the largest share of the market with a revenue of 108.55 USD Million
The fastest growing segment Cloud Mining Services in Mining Type Segment grew Fastest with a CAGR of 11.17% during the forecast period from 2024 to 2032.

Middle East & Africa Cryptocurrency Mining Market Scope

Middle East & Africa Cryptocurrency Mining Market Segmentation & Scope

Hardware

CPU
Other
GPU
ASIC

Mining Type

Self-Mining
Cloud Mining Services
Remote Hosting Services

Mining Enterprises

Small Miners
Large Miners

Revenue Source

Transaction Fees
Block Rewards

Middle East & Africa Cryptocurrency Mining Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Million
Market Value in 2024	146.42 USD Million
Market Value in 2032	258.89 USD Million
CAGR (2025-2032)	9.96%
Historic Data	2016-2023
Market Segments Covered	Hardware,Mining Type,Mining Enterprises,Revenue Source

Regional Insights:

Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 146.42 USD Million in 2024
- Key Country: Saudi Arabia, leading in terms of revenue with value of 42.65 USD Million in 2024.

Segments and Scope

Middle East & Africa Cryptocurrency Mining Market to 2032, By Hardware
- ASIC is the largest segment in Middle East & Africa Cryptocurrency Mining Market to 2032 with a revenue of 58.72 USD Million in the year 2024.
- ASIC is the Fastest growing segment in Middle East & Africa Cryptocurrency Mining Market to 2032 with a Growth rate of 10.53 % in forecast period 2025-2032.
Middle East & Africa Cryptocurrency Mining Market to 2032, By Mining Type
- Remote Hosting Services is the largest segment in Middle East & Africa Cryptocurrency Mining Market to 2032 with a revenue of 74.83 USD Million in the year 2024.
- Cloud Mining Services is the Fastest growing segment in Middle East & Africa Cryptocurrency Mining Market to 2032 with a Growth rate of 9.47 % in forecast period 2025-2032.
Middle East & Africa Cryptocurrency Mining Market to 2032, By Mining Enterprises
- Large Miners is the largest segment in Middle East & Africa Cryptocurrency Mining Market to 2032 with a revenue of 108.55 USD Million in the year 2024.
- Large Miners is the Fastest growing segment in Middle East & Africa Cryptocurrency Mining Market to 2032 with a Growth rate of 10.16 % in forecast period 2025-2032.
Middle East & Africa Cryptocurrency Mining Market to 2032, By Revenue Source
- Block Rewards is the largest segment in Middle East & Africa Cryptocurrency Mining Market to 2032 with a revenue of 98.19 USD Million in the year 2024.
- Transaction Fees is the Fastest growing segment in Middle East & Africa Cryptocurrency Mining Market to 2032 with a Growth rate of 9.71 % in forecast period 2025-2032.

Middle East & Africa Cryptocurrency Mining Market Company Share Analysis

Company Name
BLOCKCHAINS, INC.
Canaan Inc.
Hive
Bit Digital
Riot Platforms, Inc.

Middle East & Africa Cryptocurrency Mining Market Geographical Sales Distribution, 2018-2032 USD Million

Middle East & Africa Cryptocurrency Mining Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Middle East & Africa Cryptocurrency Mining Market?

The Middle East & Africa Cryptocurrency Mining Market is segmented based on Segmentation Hardware,Mining Type,Mining Enterprises,Revenue Source.

What is the current market size of the Middle East & Africa Cryptocurrency Mining Market?

Middle East & Africa Cryptocurrency Mining Market was valued at USD 146.42(Revenue in USD Million) in 2021.

What is the expected growth rate of the Middle East & Africa Cryptocurrency Mining Market?

Middle East & Africa Cryptocurrency Mining Market is projected to grow at a CAGR of 9.96% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Middle East & Africa Cryptocurrency Mining Market?

The Large Miners segment is expected to dominate the Middle East & Africa Cryptocurrency Mining Market, holding a largest market share of 108.55 USD Million in 2024