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Global Bitcoin ATM Market Growth Rates, Business Development Strategies and Trends - Top vendors are GENERAL BYTES, Genesis Coin Inc., Lamassu, Inc., Covault, Bitaccess Inc., Coinme, Coinsource, Bitxatm, Orderbob, BCASH GREECE INC, RUSbit, wBTCb
Global Bitcoin ATM Market
The Global Bitcoin ATM Market is expected to reach USD 147.9 million by 2025 from USD 7.1 million in 2017 and is projected to grow at a CAGR of 56.9% in the forecast period of 2018 to 2025.
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• In 2017 Exotel launched bitcoin ATM services for stockbrokers to be SEBI-compliant. It is a bitcoin ATM platform records every single conversation. It helps in business phone system via a virtual phone system.
• In July 2018, the Bulgaria will be the next nation to have two-way bitcoin ATM machines. A local Bulgarian bitcoin exchange, DG Cash, announced the news on social media that they are launching the new machine on Monday in one of Sofia’s most popular shopping centers.
• In September, 2018, Bitcoin Depot launches 20 Bitcoin ATMs in Southern California. It will increase demand for bitcoin-ATMs are looking to convert physical fiat into decentralized bitcoin currency, money that puts the power into the hands of the people rather than institutions.
What are the key dynamic factors that are detailed in the report?
Key Market Dynamics:
The Global bitcoin ATM Market research report details the latest industry trends, growth patterns, and research methodologies. The factors that directly contribute to the growth of the market include the production strategies and methodologies, development platforms, and the product model itself, wherein a small change would result in further changes in the overall report. All of these factors are explained in detail in the research study.
Market Outlook:
The report also sheds light on some of the major factors, including R&D, new product launches, M&A, agreements, partnerships, joint ventures, collaborations, and growth of the key industry participants, on a regional and global basis.
Major Features:
The report provides a thorough analysis of some of the significant factors, which include cost, capacity, capacity utilization rate, production, revenue, production rate, consumption, import/export, supply/demand, gross, market share, CAGR, and gross margin. Besides, the report provides a comprehensive study of the key influencing factors and market inclinations, in addition to the relevant market segments and sub-segments.
Analytical Tools:
The Global bitcoin ATM Market report consists the precisely studied and evaluated information of the key players and their market scope using several analytical tools, including SWOT analysis, Porter’s five forces analysis, investment return analysis, and feasibility study. These tools have been used to efficiently study the growth of the major industry participants.
Potential Customers:
The report offers detailed insights to users, service providers, suppliers, manufacturers, stockholders, and individuals who are interested in evaluating and self-studying this market.
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Major Business Entities Covered in this Report
• GENERAL BYTES,
• Genesis Coin Inc.,
• Lamassu, Inc.,
• Covault, Bitaccess Inc.,
• Coinme,
• Coinsource,
• Bitxatm,
• Orderbob,
• BCASH GREECE INC,
• RUSbit,
• wBTCb,
• BTC fácil,
• BBFPro,
• Byte Federal, LLC,
• LightningXchange,
• Shitcoins Club,
• BitTeller,
• CoinOutlet, Inc,
• LocalBitcoins.com,
• zzBit,
• Bitnovo brand.,
• Open Bitcoin ATM and others.
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Major Key Points in TABLE OF CONTENTS
1) Introduction
2) MARKET SEGMENTATION
3) Market Overview
• Drivers
• Restraints
• OPPORTUNITIES
• CHALLENGES
4) EXECUTIVE SUMMARY
5) premium insights
6) Global Bitcoin ATM Market, by Geography
• Overview
• North America
• Europe
• Asia-Pacific
• south America
• Middle East and Africa
7) company profiles
Market Segmentation
Based on type, the market is segmented into
• One way and
• Two way
Based on automated teller machine hardware, the market is segmented into
• Display,
• Printer,
• QR scanner
By Geography
• Asia Pacific (China, South Korea, Japan, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific).
• North America (US, Canada, Mexico).
• Europe (Russia, Turkey, Belgium, Netherlands, Switzerland, Spain, France, Germany, Italy, UK, Rest of Europe.
• South America (Brazil, Argentina, Rest of South America).
• Middle East and Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa).
Market Drivers and Restraints:
• Increasing fund transfers in developing countries
• Fluctuating monetary regulations
• Increasing installations of bitcoin ATMs in restaurants, bars, general stores, and gas stations.
• Uncertain regulatory status of bitcoin currencies.
• Lack of awareness and technical understanding regarding bitcoin currency
Customization of the Report:
This report can be customized to meet the client’s requirements. Please connect with our sales team (sopan.gedam@databridgemarketresearch.com), who will ensure that you get a report that suits your needs.
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
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Email: sopan.gedam@databridgemarketresearch.com
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