Press release
Crypto ATM Market Will Grow Tenfold in Next Five Years | Genesis Coin (US), Lamassu (UK), COVAULT (US), Bitaccess (Canada), Coinme (US), Coinsource (US), Bitxatm (German), Orderbob (Austria), and RUSbit (Russia)
Crypto ATM Market - Premium Market Insights
Crypto or Bitcoin ATM, a novel type of ATM that provides customers an quick and easier way to buy crypto-currencies with credit card or cash on the go. Unlike conventional ATMs, where we can withdraw fiat currencies such as Euros, Rupee, or dollars from the bank account or credit card, crypto ATMs work more like a stationary exchange where we can anonymously exchange fiat for crypto-currencies like Bitcoin.
The Crypto ATM market is anticipated to grow in the forecast period owing to driving factors such as rising installations of crypto ATMs in restaurants, bars, gas stations, and general stores, increasing fund transfers in developing countries, and acceptance of crypto-currency across various industries. However, the lack of awareness and technical understanding about the crypto-currency among people is restricting the market to grow.
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The purpose of the report is to describe the state of the Crypto ATM in the major Regions, to present actual and retrospective information about the volumes, dynamics, structure and characteristics of production, imports, exports and consumption and to build a forecast for the market in the next five years. In addition, the report presents an elaborate analysis of the main market participants, price fluctuations, trends, growth and demand drivers of the market and all other factors, influencing its development. The global crypto ATM market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading crypto ATM market players and offers key trends and opportunities in the market.
The List of companies covered in this Reports are
1. Bitaccess
2. BitXatm Technology Limited
3. COINME
4. Coinsource
5. COVAULT
6. GENERAL BYTES S.R.O.
7. Genesis Coin Inc.
8. Lamassu Industries AG.
9. Orderbob
10. RusBit
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The global crypto ATM market is segmented on the basis of type and hardware. Based on type, the market is segmented as one way and two way. On the basis of hardware the market is segmented as display, printer, QR scanner, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global crypto ATM market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Crypto ATM market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Crypto ATM market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the crypto ATM market in these regions.
The objectives of this report are as follows:
• To provide overview of the global Crypto ATM
• To analyze and forecast the global Crypto ATM on the basis of product and industry verticals
• To provide market size and forecast till 2027 for overall Crypto ATM with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC) , Middle East and Africa (MEA) , and South America (SAM) , which are later sub-segmented across respective major countries
• To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
• To provide exhaustive PEST analysis for all five regions
• To profiles key Credit Insurance players influencing the market along with their SWOT analysis and market strategies
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