The global Crypto ATM Market size is projected to grow at a CAGR of over 20% during the forecast period. The market for Crypto ATMs is growing majorly due to fluctuating monetary regulations and the increasing fund transfers in developing countries. Moreover, the increasing installations of crypto ATMs in bars, restaurants, gas stations, and general stores are also bolstering the growth of the crypto ATM industry.
Important Aspects of the CryptoCurrency ATM Market
In terms of type, the market for crypto ATMs is categorized into 1 Way and 2 Way. The 1-way crypto ATM type held the largest market in 2018. However, the 2-way crypto ATM type is projected to witness the fastest growth rate during the forecast period. In terms of hardware, the global crypto ATM industry is categorized into Displays, ATM Printers, QR Scanner, and others. The display category is predicted to account for the largest share of the global crypto ATM market during the forecast period.
However, the market for ATM printers is projected to witness the fastest growth during the forecast period. Taking into account of geographical landscape, the market for crypto ATMs is predicted to be the largest in the North American region. The growth of the North American market is majorly attributable to the presence of a large number of crypto ATM software and hardware providers. Some of the major players in the global crypto ATM market are General Bytes, Genesis Coin, Lamassu, Bitaccess, and Covault among others.
Years considered for this report for CryptoCurrency ATM Market
- Historical Year : 2014 – 2017
- Base Year : 2018
- Estimated: 2019
- Forecast : 2020 – 2024
The objective of the Study of Crypto ATM Market
- To analyze and forecast the market size of Global Crypto ATM, in terms of value.
- To classify and forecast Global Crypto ATM based on type, ATM hardware, and regional distribution.
- To identify drivers and challenges for Global Crypto ATM.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc. in Global Crypto ATM.
- To conduct the pricing analysis for Global Crypto ATM.
- To identify and analyze the profile of leading players involved in the Global Crypto ATM Market.
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Some of the leading players in the Global Crypto ATM’s market
- General Bytes
- Genesis Coin
- Lamassu
- Bitaccess
- Covault
- Coinsource (Operator)
- Bitxatm
- Coinme (Operator)
- Orderbob, Rusbit, etc.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels, and presence of all major collaboration manufacturers across the globe.
TechSci Research calculated the market size of Global Crypto ATM using a bottom-up approach, where data for various applications across various technology were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as the company website, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
Key Target Audience for Crypto ATM Market
- Crypto ATM providers
- Crypto ATM distributors
- Research organizations and consulting companies
- Research Institutes
- Industry associations
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope in Crypto ATM Market
In this report, the Global Crypto ATM market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Market, By Type:
- 1 Way
- 2 Way
- Market, By ATM Hardware:
- Display
- ATM Printer
- QR Scanner
- Others
- Market, By Region:
- Asia Pacific
- Hong Kong
- Japan
- Taiwan
- Australia
- Singapore
- Vietnam
- Europe
- Austria
- Switzerland
- United Kingdom
- Italy
- Spain
- Czech Republic
- Netherlands
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South Africa
- Saudi Arabia
- Israel
- Asia Pacific
