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Cryptocurrency Mining Hardware Market to Reach $5,020.35 Million, Globally, by 2032 at 11.4% CAGR: Allied Market Research

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The growth of the global cryptocurrency mining hardware market is driven by increase in adoption of digital currency and increase in adoption of Bitcoin, and increase in use of digital transformation technology.

PORTLAND, Ore., Sept. 20, 2023 /PRNewswire/ — Allied Market Research published a report, titled, Cryptocurrency mining hardware Market by Type (Central Processing Unit, Graphics Processing Unit, Application-Specific Integrated circuit and Field Programmable Gate Array), By Coin (Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB) and Others) and By Application (Enterprise, and Personal) Global Opportunity Analysis and Industry Forecast, 2023-2032″. According to the report, the global cryptocurrency mining hardware market was valued at $1,749.26 million in 2022, and is projected to reach $5,020.35 million by 2032, registering a CAGR of 11.4% from 2023 to 2032.

Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/5540

Cryptocurrency mining is the process of creating a new cryptocurrency.Cryptocurrency mining hardware is used to generate new coins and validate new transactions. Several financial and technology analysts are investing in this area.

Prime determinants of growth 

Increase in adoption of digital currency and increase in adoption of Bitcoin is boosting the growth of the global cryptocurrency mining hardware market. In addition, increase in use of digital transformation technology is positively impacts growth of the cryptocurrency mining hardware market. However, high cost of cryptocurrency mining hardware and increasing security concerns is hampering the market growth. On the contrary, increasing internet penetration rate and rising launch of advanced cryptocurrency mining processors is expected to offer remunerative opportunities for the expansion of the cryptocurrency mining hardware market during the forecast period.

Report coverage & details:

Report Coverage

Details

Forecast Period

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2023–2032

Base Year

2022

Market Size in 2022

$ 1,749.26 million

Market Size in 2032

$ 5,020.35 million

CAGR

11.4 %

No. of Pages in Report

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210

Segments covered

Type, Coin, Application, and Region.

Drivers 

Increase in adoption of digital currency. 

Increase in adoption of Bitcoin

Increase in use of digital transformation technology

Opportunities

Increasing internet penetration rate and rising launch of advanced cryptocurrency mining processors

Restraints

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High cost of cryptocurrency mining hardware

Increasing security concerns

Covid-19 Scenario

·  The cryptocurrency mining hardware market has witnessed stable growth during the COVID-19 pandemic, owing to the lockdowns and restrictions on the movement of people and goods, which disrupted the supply chain operations. 

·  However, some government organizations have proposed new regulations to minimize the negative impact of COVID-19 on the cryptocurrency market. For instance, in March 2020, the Arizona State Government in the US introduced the Cryptocurrency Act of 2020, which determines the regulation of crypto assets by different federal agencies. Such initiatives are expected to minimize the negative impact of COVID-19 on the market.

Procure Complete Report (210 Pages PDF with Insights, Charts, Tables, and Figures) @ https://bit.ly/3ODZyXF

The application-specific integrated circuit segment to maintain its leadership status throughout the forecast period.

Based on the type, the application-specific integrated circuit segment held the highest market share in 2022, accounting for more than two-fifths of the global cryptocurrency mining hardware market revenue, owing to increasing adoption of cryptocurrency mining hardware by various businesses across the globe as the preferred way of payment for bulk payouts. However, the central processing unit segment is projected to manifest the highest CAGR of 17.0% from 2023 to 2032, as it helps to maintain efficiency, process data for smarter decisions, and communicate system issues to help mitigate downtime. 

The Binance Coin (BNB) segment to maintain the fastest growth rate throughout the forecast period

Based on coin, the Binance Coin (BNB) segment is projected to manifest the highest CAGR of 14.6% from 2023 to 2032, owing to a rising adoption of smartphones, alternative payment methods, and sustainable approaches. 

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Asia-Pacific maintain its dominance by 2032

Based on region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global cryptocurrency mining hardware market revenue. The Asia-Pacific region is also expected to witness the fastest CAGR of 13.7% from 2023 to 2032 and is likely to dominate the market during the forecast period, owing to growing innovation and technological progression, increase in the number of mergers and acquisitions activities, and growing adoption of digital payments in the region. In addition, companies are paying attention to launching product platforms and forming partnerships to support their market position in the region.

Leading Market Players: –

  • BITMAIN Technologies Holding Company,
  • INTELION MINE LLC,
  • INNOSILICON Technology Ltd,
  • NVIDIA Corporation,
  • Zhejiang Ebang Communication Co,Ltd,
  • Advanced Micro Devices, Inc.,
  • Parallel Miner,
  • Canaan Inc.,
  • AsicMinerz,
  • Bitfury Group Limited

The report provides a detailed analysis of these key players of the global Cryptocurrency mining hardware market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Want to Access the Statistical Data & Graphs, and Key Players’ Strategies: https://www.alliedmarketresearch.com/cryptocurrency-mining-hardware-market/purchase-options

Key Benefits for Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cryptocurrency mining hardware market analysis from 2023 to 2032 to identify the prevailing cryptocurrency mining hardware market opportunities.
  • Market research is offered along with information related to key drivers, restraints, and opportunities.
  • In-depth analysis of the cryptocurrency mining hardware market segmentation assists to determine the prevailing cryptocurrency mining hardware market opportunity.
  • Major countries in each region are mapped according to their revenue contribution to the global cryptocurrency mining hardware market forecast.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global cryptocurrency mining hardware market trends, key players, market segments, application areas, and market growth strategies.

Similar Reports We Have on BFSI Industry:

Cryptocurrency Hardware Wallet Market by Hardware Component (ASIC, GPU, FPGA, Others), by Security Method (Pin, Two-factor Authentication, Biometric Security, Others), by Type (USB Connectivity Type, Bluetooth Connectivity Type, NFC Connectivity, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

Bitcoin Mining Hardware Market by Type (Application-Specific Integrated Circuit, Field Programmable Gate Array, Graphics Process Unit, Central Processing Unit), by Security (Two-Factor Authentication, Biometric Security, NFC Connectivity, Others), by Application (Enterprise, Personal): Global Opportunity Analysis and Industry Forecast, 2021-2031

Smart Finance Hardware Market by Type (Modules, Sensors, Others), by End User (Bank and Financial Institutions, Independent ATM Deployer): Global Opportunity Analysis and Industry Forecast, 2021-2031

Cryptocurrency Market By Offering (Hardware [ASIC, GPU, FPGA, and Others] and Software), Process (Mining and Transaction), Type (Bitcoin [BTC], Ethereum [ETH], Tether [USDT], Binance Coin [BNB], Cardano [ADA], Ripple [XRP], and Others), and End User (Trading, Retail & E-commerce, Banking, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

Cryptocurrency ATMs Market by Type (One-Way, Two-Way), by ATM Hardware (Display, ATM Printer, QR Scanner, Others), by Type (Bitcoin, Dog Coin, Litecoin, Z-Cash, Dash, Monexo, Ethereum) and by Enterprise Size (Large Enterprise, Small Medium Enterprises): Global Opportunity Analysis and Industry Forecast, 2023-2032

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact Us:

United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int’l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
[email protected]
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
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Dyna.Ai Unveils Agent Studio: A Powerful AI Agent Builder Platform at Singapore Fintech Festival

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Dyna.Ai’s Agent Studio, VoiceGPT, AvatarGPT and its FSI (Financial Services Industry) Suite were products exhibited at its booth

SINGAPORE, Nov. 7, 2024 /PRNewswire/ — Dyna.Ai, a Singaporean AI-as-a-Service company, took center stage at the 2024 Singapore Fintech Festival with the unveiling of its newest flagship product – Agent Studio.

Agent Studio is a groundbreaking AI agent builder platform built upon Dyna.Ai’s proprietary large language model (LLM). This innovative platform marks a significant evolution from traditional chatbots, offering a highly customizable and sandbox-like environment for businesses to create AI agents tailored to their specific needs. With simple low-code or no-code setup, Agent Studio allows companies to swiftly design and deploy agents that autonomously manage customer interactions across channels, including APIs, websites, and social platforms like WhatsApp.

Agent Studio enhances Dyna.Ai’s expanding portfolio of industry-leading AI-driven solutions, which includes its own AI platform, Agentic AI featuring VoiceGPT and AvatarGPT, along with the Financial Services Industry (FSI) Suite, all launched in 2024.

“We’re thrilled to introduce Agent Studio, a valuable tool for our partners and clients globally,” shared Tomas Skoumal, Chairman and Co-founder of Dyna.Ai. “Agent Studio exemplifies our commitment to providing a comprehensive suite of AI-powered solutions. Recognizing the diverse needs of different organizations and markets, we designed Agent Studio to empower businesses with granular customization capabilities.”

Founded earlier this year, Dyna.Ai has established itself as a key player in the global AI landscape. With a focus on cutting-edge AI models, sophisticated human-AI interaction technologies, and big data analytics, the company empowers businesses across various industries to achieve success in today’s competitive market.

Cynthia Siantar, Singapore General Manager of Dyna.Ai

“While there is certainly a lot of interest in AI adoption within Singapore’s financial sector,” commented Cynthia Siantar, Dyna.Ai’s newly appointed Singapore General Manager, “actual implementation may be fairly limited. There could be several factors at play, such as the prevalence of generic solutions that do not address specific needs. Often, these solutions leave institutions unsure how to leverage them effectively. Here is where Dyna.Ai offers a distinct advantage–our deep understanding of the financial sector allows us to create solutions that go beyond mere novelty, instead, bridging the gap between technology and practical problem-solving for our clients.”

Visit Dyna.Ai’s website to learn more about the company and its suite of products.

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Miami International Holdings Reports Trading Results for October 2024; Multiple Options & Equities Exchanges Report Record Volumes

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MIAX Sapphire Reaches 1.7% Market Share in October 2024

MIAMI and PRINCETON, N.J., Nov. 7, 2024 /PRNewswire/ — Miami International Holdings, Inc. (MIH), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today reported October 2024 trading results for its U.S. exchange subsidiaries – MIAX®, MIAX Pearl®, MIAX Emerald® and MIAX SapphireTM (collectively, the MIAX Exchange Group), and MIAX FuturesTM.

October 2024 and Year-to-Date Trading Volume and Market Share Highlights

  • Total multi-listed options volume for the MIAX Exchange Group reached 156.1 million contracts, a 21.7% increase year-over-year (YoY). October 2024 market share reached 15.3%, a 5.2% increase YoY. Total year-to-date (YTD) volume reached 1.4 billion contracts, a 1.8% increase from the same period in 2023.
  • MIAX Sapphire reached a monthly volume of 17.2 million contracts, with October 2024 market share reaching 1.7%. On October 25, MIAX Sapphire set a daily volume record of 1.0 million contracts with a daily market share record of 2.0%. MIAX Sapphire launched trading on August 12, listing a single class for the first week and additional classes in multiple phases on a weekly schedule through the week of October 21, with over 3,800 classes now available for trading.
  • MIAX Options reached a monthly volume of 61.4 million contracts, a 22.2% increase YoY. October 2024 market share reached 6.0%, a 5.6% increase YoY. Total YTD volume reached a record 567.4 million contracts, a 6.2% increase from the same period in 2023.
  • MIAX Pearl Options reached a monthly volume of 32.7 million contracts, a 38.7% decrease YoY. October 2024 market share reached 3.2%, a 47.0% decrease YoY. Total YTD volume reached 404.7 million contracts, a 26.8% decrease from the same period in 2023.
  • MIAX Emerald Options reached a monthly volume of 44.8 million contracts, an 81.4% increase YoY. October 2024 market share reached 4.4%, a 56.8% increase YoY. Total YTD volume reached a record 361.4 million contracts, a 43.9% increase from the same period in 2023.
  • In U.S. equities, MIAX Pearl Equities™ reached a monthly volume of 4.4 billion shares, a 21.0% decrease YoY and representing a market share of 1.6%, a 31.0% decrease YoY. Total YTD volume reached a record 42.3 billion shares, an 11.4% increase from the same period in 2023. YTD market share reached 1.7%, a 3.5% increase from the same period in 2023.
  • In U.S. futures, MIAX Futures, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reached a monthly volume of 237,249 contracts, a 0.5% decrease YoY.

Additional MIAX Exchange Group and MIAX Futures trading volume and market share information are included in the tables below. 

Multi-Listed Options Trading Volume for

 MIAX Exchange Group, Current Month

Year-to-Date Comparison

Multi-Listed Options
Contracts

Oct-24

Oct-23

% Chg

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Sep-24

% Chg

Oct-24

Oct-23

% Chg

Trading Days

23

22

20

211

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209

U.S. Equity Options Industry

1,019,395,795

881,187,563

15.7 %

879,099,779

16.0 %

9,155,913,905

8,441,344,665

8.5 %

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MIAX Exchange Group

156,101,259

128,285,624

21.7 %

124,601,088

25.3 %

1,361,603,000

1,337,877,239

1.8 %

MIAX Options

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61,385,978

50,250,770

22.2 %

52,557,584

16.8 %

567,415,224

534,190,112

6.2 %

MIAX Pearl

32,700,382

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53,356,464

-38.7 %

28,765,237

13.7 %

404,711,205

552,571,597

-26.8 %

MIAX Emerald

44,769,481

24,678,390

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81.4 %

33,473,285

33.7 %

361,374,459

251,115,530

43.9 %

MIAX Sapphire

17,245,418

0

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9,804,982

75.9 %

28,102,112

Multi-Listed Options ADV

Oct-24

Oct-23

% Chg

Sep-24

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% Chg

Oct-24

Oct-23

% Chg

U.S. Equity Options Industry

44,321,556

40,053,980

10.7 %

43,954,989

0.8 %

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43,392,957

40,389,209

7.4 %

MIAX Exchange Group

6,787,011

5,831,165

16.4 %

6,230,054

8.9 %

6,453,095

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6,401,327

0.8 %

MIAX Options

2,668,956

2,284,126

16.8 %

2,627,879

1.6 %

2,689,172

2,555,934

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5.2 %

MIAX Pearl

1,421,756

2,425,294

-41.4 %

1,438,262

-1.1 %

1,918,063

2,643,883

-27.5 %

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MIAX Emerald

1,946,499

1,121,745

73.5 %

1,673,664

16.3 %

1,712,675

1,201,510

42.5 %

MIAX Sapphire

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749,801

490,249

52.9 %

133,185

Multi-Listed Options Market Share for

MIAX Exchange Group, Current Month

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Year-to-Date Comparison

Multi-Listed Options Market Share

Oct-24

Oct-23

% Chg

Sep-24

% Chg

Oct-24

Oct-23

% Chg

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MIAX Exchange Group

15.31 %

14.56 %

5.2 %

14.17 %

8.0 %

14.87 %

15.85 %

-6.2 %

MIAX Options

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6.02 %

5.70 %

5.6 %

5.98 %

0.7 %

6.20 %

6.33 %

-2.1 %

MIAX Pearl

3.21 %

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6.06 %

-47.0 %

3.27 %

-2.0 %

4.42 %

6.55 %

-32.5 %

MIAX Emerald

4.39 %

2.80 %

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56.8 %

3.81 %

15.3 %

3.95 %

2.97 %

32.7 %

MIAX Sapphire

1.69 %

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1.12 %

51.7 %

0.31 %

(1)

MIAX Sapphire launched trading on August 12, 2024, listing a single class for the first week and additional classes in multiple phases on a weekly schedule through the week of October 21, 2024 with over 3,800 classes now available for trading. 

Equities Trading Volume for

MIAX Pearl Equities, Current Month

Year-to-Date Comparison

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Equities Shares (millions)

Oct-24

Oct-23

% Chg

Sep-24

% Chg

Oct-24

Oct-23

% Chg

Trading Days

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23

22

20

211

209

U.S. Equities Industry

268,304

234,073

14.6 %

237,154

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13.1 %

2,463,194

2,288,834

7.6 %

MIAX Pearl Volume

4,397

5,562

-21.0 %

4,054

8.5 %

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42,271

37,938

11.4 %

MIAX Pearl ADV

191

253

-24.4 %

203

-5.7 %

200

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182

10.4 %

MIAX Pearl Market Share

1.64 %

2.38 %

-31.0 %

1.71 %

-4.1 %

1.72 %

1.66 %

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3.5 %

Futures and Options Trading Volume and Open Interest for MIAX
Futures, Current Month

Year-to-Date Comparison

Futures Contracts

Oct-24

Oct-23

% Chg

Sep-24

% Chg

Oct-24

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Oct-23

% Chg

Trading Days

23

22

20

211

209

MIAX Futures Volume

237,249

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238,404

-0.5 %

185,195

28.1 %

2,648,874

2,429,927

9.0 %

MIAX Futures ADV

10,315

10,837

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-4.8 %

9,260

11.4 %

12,554

11,626

8.0 %

MIAX Futures Open Interest

83,963

88,132

-4.7 %

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79,682

5.4 %

About MIAX

MIAX’s parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire, LLC (MIAX Sapphire™), MIAX Futures Exchange, LLC (MIAX FuturesTM), LedgerX LLC d/b/a MIAX Derivatives Exchange (MIAXdx™), The Bermuda Stock Exchange (BSX) and Dorman Trading, LLC (Dorman Trading).

MIAX, MIAX Pearl, MIAX Emerald and MIAX Sapphire are national securities exchanges registered with the Securities and Exchange Commission that are enabled by MIAX’s in-house built, proprietary technology. MIAX offers trading of options on all four exchanges as well as cash equities through MIAX Pearl Equities™. The MIAX trading platform was built to meet the high-performance quoting demands of the U.S. options trading industry and is differentiated by throughput, latency, reliability and wire-order determinism.

MIAX Futures is a registered exchange with the Commodity Futures Trading Commission (CFTC) and offers trading in a variety of products including Minneapolis Hard Red Spring Wheat Futures. MIAX Futures is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM and DCO services in an array of asset classes.

MIAXdx is a CFTC regulated exchange and clearinghouse and is registered as a DCM, DCO, and Swap Execution Facility (SEF) with the CFTC.

BSX is a fully electronic, vertically integrated international securities market headquartered in Bermuda and organized in 1971. BSX specializes in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants, and insurance linked securities.

Dorman Trading is a full-service Futures Commission Merchant registered with the CFTC.

MIAX’s executive offices and National Operations Center are located in Princeton, N.J., with additional U.S. offices located in Chicago, IL and Miami, FL. MIAX Futures offices are located in Minneapolis, MN. MIAXdx offices are located in Princeton, N.J. BSX offices are located in Hamilton, Bermuda. Dorman Trading offices are located in Chicago, IL.

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To learn more about MIAX visit www.miaxglobal.com.

To learn more about MIAX Futures visit www.miaxglobal.com/miax-futures.

To learn more about MIAXdx visit www.miaxdx.com.

To learn more about BSX visit www.bsx.com.

To learn more about Dorman Trading visit www.dormantrading.com.

Disclaimer and Cautionary Note Regarding Forward-Looking Statements

The press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company), and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer; solicitation or sale would be unlawful. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements. All third-party trademarks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company’s use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between the owners of these trademarks and the Company. Any references by the Company to third-party trademarks is to identify the corresponding third-party goods and/or services and shall be considered nominative fair use under the trademark law.

Media contact:
Andy Nybo, SVP, Chief Communications Officer
(609) 955-2091
[email protected]

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RSK Group acquires global PR agency Apollo Strategic Communications

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LONDON, Nov. 7, 2024 /PRNewswire/ — RSK Group, a global leader in the delivery of sustainable solutions, has acquired the London-based PR firm Apollo Strategic Communications. Together, they aim to deliver more impactful and innovative communications strategies across a broader range of sectors while further expanding their global reach.

Founder Directors Pallab Sarker and Rob Blackhurst will continue to lead Apollo, driving the growth of this global business while prioritising and maintaining a strong focus on the needs of current clients and ongoing projects. Apollo has grown rapidly over the years, expanding its global presence and client base. Under Pallab and Rob’s leadership, this momentum will be maintained, as they prioritise delivering exceptional value to their clients.

Formed in 2009, Apollo’s team of more than 40 communications professionals has worked with upwards of 100 clients across 30+ countries on six continents. This includes governments, multinationals, foundations and NGOs across a wide range of sectors, such as technology, science, education, construction and engineering, environment and the arts. Apollo provides a full suite of services that includes media relations; digital communications and campaigns; thought leadership; a focus on elite global media; crisis communications; polling and research; analysis; and audits. Last year, the agency won the prestigious Global PR Breakthrough Campaign Award at the PRWeek Global Awards.

RSK Group Chief Executive Officer Alan Ryder said: “Apollo brings to the group a wealth of experience in strategic communications, which is valuable to our clients. Their impressive growth over the years, driven by their ability to stay at the forefront of global communications in today’s fast-paced landscape, truly sets them apart as industry leaders. In addition to RSK’s environmental and engineering capabilities, this acquisition enables us to build on RSK’s integrated market offering: one we believe to be unparalleled. We are able to provide a comprehensive solution that not only addresses environmental and technical challenges but effectively communicates these solutions to stakeholders, enhancing trust and reputation.

“Both RSK and Apollo are aligned in a commitment to making a positive impact on society. We share a strong ethical focus on sustainability and a dedication to transparent, honest communication. RSK delivers sustainable solutions to some of the greatest challenges that societies have ever faced, which are best captured in the United Nations’ Sustainable Development Goals.  Apollo work on communicating many of these issues on behalf of their clients, and I therefore see them as a natural fit within our group.

“The Apollo team has been working alongside RSK as trusted advisers as the group continues on a consistent and impressive growth trajectory that is underpinned by the solid performance of more than 200 companies around the world. We look forward to supporting Apollo in its own continued growth as part of a strategy that matches RSK’s global ambitions.”

Apollo Strategic Communications Founding Directors Pallab Sarker and Rob Blackhurst said: “We are proud to join RSK Group, a company whose values and commitment to innovation, social good and sustainable growth align with our own. They have always combined expertise, ambition and drive with a genuine care and commitment to the people they work with.

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“We would like to thank our incredible team, whose dedication and hard work have been instrumental in getting us to this exciting milestone. We also extend our heartfelt gratitude to our clients for their trust and partnership, which have been the foundation of our success. By becoming part of the prestigious RSK Group, we will expand our global reach, enhance our service offerings and deliver even more impactful communications strategies. We look forward to this exciting next chapter and the opportunities it holds for both our team and clients.”

As RSK continues to deliver its ambitious growth strategy, it now comprises more than 200 companies, employing over 15,000 people. The group’s annual turnover at the end of FY23 was £1.2 billion.

The acquisition advisers were Memery Crystal and Cortus Advisory.

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