Crypto ATM Market Insights 2021: Top Impacting Factors, Growth Analysis and Industry Predictions | AMR (2024)

Crypto ATM Market

The global crypto ATM market size was valued at $35,80 million in 2020, and is projected to reach $3,557.05 million by 2030, growing at a CAGR of 58.5%.

PORTLAND, OREGON, UNITED STATES, September 2, 2022 /EINPresswire.com/ -- Allied Market Research (Portland, Oregon, USA) Published Latest Report Titled, “Crypto ATM Market by Offering (Hardware and Software), Type (One Way and Two Way), and Coin (Bitcoin (BTC), Litecoin, Ethereum (ETH), Dogecoin, Bitcoin Cash, Dash, Tether (USDT), and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030.”

ACCESS COMPLETE REPORT: https://www.alliedmarketresearch.com/crypto-atm-market

According to Allied Market Research, the global Crypto ATM Market is expected to showcase remarkable growth during the forecast period. The report includes a detailed study of the Crypto ATM market size, market trends, prime market players, sales analysis, major driving factors, and prime investment pockets. The global Crypto ATM Market report covers an overview of the market and outlines market definition and scope. The ongoing technological developments and surge in demand have an influential effect on the market growth. Furthermore, the report provides a quantitative and qualitative analysis of the Crypto ATM Market, outlines the pain point analysis, value chain analysis, and key regulations.

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DOWNLOAD FREE SAMPLE REPORT: https://www.alliedmarketresearch.com/request-sample/6040

Moreover, the study provides Porter’s five forces model, along with portfolio and financial analysis and business overview of services and products. The report outlines market segmentation and growth analysis of the top 10 market players that are currently active in the Crypto ATM industry. The report also contains information and statistics, tables and figures that are used in strategic planning for the company's success.

The report covers brief analysis of the impact of the Covid-19 outbreak on the Crypto ATM Market. The prolonged lockdown and disrupted supply chain across coupled with strict restrictions on international trade have a severe impact on the Crypto ATM Market growth. The Covid-19 pandemic increased the prices of raw materials and changed customer preferences.

COVID-19 IMPACT ANALYSIS/CUSTOMIZATION: https://www.alliedmarketresearch.com/request-for-customization/6040?reqfor=covid

Key Market Segments

By Offering

• Hardware

o Display
o ATM Printer
o QR Scanner
o Others

• Software

By Type

• One Way
• Two Way

By Coin

• Coin
• Bitcoin (BTC)
• Litecoin
• Ethereum (ETH)
• Dogecoin
• Bitcoin Cash
• Dash
• Tether (USDT)
• Others

Key Market Players- BITCOIN DEPOT, Bitstop, Cash Cloud, Inc, Coinsource, Covault, LLC, GENERAL BYTES s.r.o., Genesis Coin Inc., Kurant GmbH, Lamassu Industries AG, and RockitCoin

Geographical Landscape of the Crypto ATM Market:

1) North America (United States, Canada, and Mexico)

2) Europe (Germany, France, UK, Russia, and Italy)

3) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

4) South America (Brazil, Argentina, Colombia)

5) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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A thorough analysis of every segment helps to make strategic decisions and make profitable investments in the future. Furthermore, it helps market players to gain a competitive edge. The Crypto ATM Market analysis of segment and sub-segment is offered in graphical and tabular formats. This study is vital to understanding the highest revenue-generating and fasting-growing segments of the market. The global Crypto ATM Market report offers a thorough study of the major market players that are currently dominating the industry. The report includes the production, sales, and revenue analysis of these companies. These companies have adopted various business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain market position.

The report will include highlights of the overall market which includes Frequently Asked Questions [FAQs] such as:

Q1. What is the current Crypto ATM Market trend taking place in the market space?
Q2. What are historical revenue figures and estimated revenue figures as well as CAGR during the Crypto ATM Market forecast timeframe?
Q3. Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
Q4. What are market drivers, restraints, and challenges impacting demand & growth of the market?
Q5. Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?

We Can Help! Our Analysts Can Customize This Report to Meet Your Requirements @ https://www.alliedmarketresearch.com/connect-to-analyst/6040

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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. 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.

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Crypto ATM Market Insights 2021: Top Impacting Factors, Growth Analysis and Industry Predictions | AMR (2)

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Crypto ATM Market Insights 2021: Top Impacting Factors, Growth Analysis and Industry Predictions | AMR (2024)

FAQs

What is the future of the Bitcoin ATM? ›

Market Research Future® (MRFR)

The Bitcoin ATM machine market has shown remarkable growth, with its value increasing from USD 0.01 billion in 2022 to a projected USD 0.664 billion by 2032.

How big is the crypto ATM market? ›

The Global Crypto ATM Market Size was valued at USD 245.3 Million in 2021 and is expected to reach USD 820.14 Million by 2030, growing at a CAGR of 54.2% during 2021-2030.

What is the difference between ATM and Bitcoin ATM? ›

Like standard ATMs, Bitcoin ATMs are a type of electronic kiosk where customers can make financial transactions, but they're designed for cryptocurrency rather than cash. There are approximately 31,000 Bitcoin ATMs and tellers across the United States, according to CoinATMRadar.com.

Who is the largest Bitcoin ATM provider? ›

The Largest Bitcoin ATM Provider. Bitcoin Depot®

What is the market outlook for ATM? ›

Market Scenario

Global ATM Market was valued at US$ 21.71 billion in 2023 and is projected to hit the market valuation of US$ 33.74 billion by 2032 at a CAGR of 5.02% during the forecast period 2024–2032.

Who is the largest ATM manufacturer? ›

In 1921, Diebold Safe & Lock Company sold the world's largest commercial bank vault to Detroit National Bank. Diebold has since branched into diverse markets, and is currently the largest provider of ATMs in the United States.

Which countries have the most crypto ATMs? ›

The highest number of Bitcoin ATMs was recorded in the United States in 2024, with significant more machines found here than elsewhere in the world. Canada, the United Kingdom and Austria followed.

Is buying a Bitcoin ATM a good investment? ›

The demand for Bitcoin and other cryptocurrencies has been skyrocketing, and along with it, the need for easy and accessible means to transact in these digital currencies. Bitcoin ATMs meet this need, making them a potentially profitable venture in today's economy.

Are Bitcoin ATMs still popular? ›

The number of crypto ATMs is surging around the globe, according to new data from Coin ATM Radar, despite increased concerns about their misuse by criminals. Bitcoin kiosks are popular targets for criminals due to the anonymity of transactions and their use in money laundering, drug trafficking, and other crimes.

How profitable is a Bitcoin ATM? ›

Various sources have put the estimated monthly revenue of a BTM as between $1,000 and $10,000, depending on use and transaction volume (ChainBytes Bitcoin ATM 2021; Wanna, Irrera, and Butt 2022). This gives a midpoint monthly revenue per BTM of $5,000.

What are the disadvantages of Bitcoin ATM? ›

However, ATMs usually charge higher fees than online exchanges like Coinbase, and they may have lower limits on the amount of bitcoins that can be purchased. Additionally, ATMs may not be as secure as online exchanges, and they may not offer the same level of customer support.

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