Global Crypto ATM Market is valued at approximately USD 39.0 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 54.7 % over the forecast period 2021-2027. Crypto ATM is basically used to transfer cryptocurrency easily through an ATM machine. Cryptocurrency is an alternative form of payment to cash, check and credit cards. The rising digital fund transfer has led to the adoption of Crypto ATM across the forecast period. For Instance: according to the International Monetary Fund in 2020, the digital forms of money transfer boons the emerging market and the lower economies, according to the source the adoption of digital money transactions is expanding rapidly over 95 countries, an amount of approximately USD 2 billion transacted through digital modes every day. Increasing installation of Crypto ATMs in bars, restaurants, and general stores etc pushes the growth of the Crypto ATM Market Also, with the increasing acceptance of cryptocurrency across industries., the adoption & demand for Crypto ATMs is likely to increase the market growth during the forecast period. However, lack of awareness and technological knowledge impedes the growth of the market over the forecast period of 2021-2027.
The geographical regions considered for the global Crypto ATM market analysis include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is dominating the region across the world with respect to huge market share due to the presence of large number of crypto ATMs, increasing awareness towards the adoption of digital money transfer etc. Whereas, Asia-Pacific is also estimated to attain a maximum growth rate during 2021-2027. Factors such as rising government initiatives towards the adoption of digitalization in money transfer, growing adoption of online payment methods by bars, restaurants and general stores would create beneficial growth forecasts for the Crypto ATM market across Asia-Pacific region.
Major market players included in this report are:
GENERAL BYTES (Czech Republic)
Genesis Coin (US)
Lamassu (UK)
COVAULT (US)
Bitaccess (Canada)
Coinme (US)
Coinsource (US)
BitXatm (German)
Orderbob (Austria)
RusBit (Russia)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
One Way
Two Way
By Automatic Teller Machine Hardware:
Display
Printer
QR Scanner
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Crypto ATM Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
GENERAL BYTES (Czech Republic)
Genesis Coin (US)
Lamassu (UK)
COVAULT (US)
Bitaccess (Canada)
Coinme (US)
Coinsource (US)
BitXatm (German)
Orderbob (Austria)
RusBit (Russia)