Cryptocurrency ATM Market Competitive Landscape Report 2025: Pipeline, Epidemiology, Market Valuations, Forecast and Market Shares 2025

Cryptocurrency ATM market refers to the business through the deployment of internet machine that enables exchange of digital currencies and conventional currencies. In some cases, these transactions require users to have existing accounts with the operator. Moreover, some of these machines are featured to support multiple exchanges and wallets, and can be programmed to support any national currency of multiple denominations. Substantial increase in the popularity of these digital assets is among the chief industry growth drivers, and witness CAGR of 45.8% over the forecast period (2017–2025).

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The global cryptocurrency ATM market is estimated to be valued at US$ 13.99 million in 2017 and is expected to witness a CAGR at 45.8% during the forecast period (2017 – 2025).

Market Dynamics

Growth of over 200% Digital currency market capital witnessed from March 2015 to March 2016, according to CoinMarketCap. Moreover, according to Coherent Market analysis, the valuation is expected to witness growth of over 600% in 2017 with respect to the previous year. Requirement to provide easy transaction means and the associated profit will present substantial growth potential over the forecast period. Furthermore, ease of deployment at any outlet, ease of accountability, secured transaction ability (owing to utilization of blockchain technology) and anonymity are among its major advantages. However, high initial deployment costs and regulations are among the chief drawbacks that will continue to hamper the industry growth through the forecast period. For instance, China, Russia, Bangladesh are among the few countries that have witnessed bans and introduction of stringent regulations to restrict the utilization of these digital assets.

High demand for digital currencies is expected to drive the cryptocurrency market growth

Cryptocurrencies are driven by several advantages over the conventional currencies such as the limited supply, growing number of investors, growing user confidence, growing mining complexity, and substantial support by the media. In October 2013, Robocoin machine was introduced as the world’s first publicly available bitcoin machine to improve the transaction ability. The machine witnessed 348 transactions, in its first eight days of installation with an average transaction value of USD 273. In its first installation, the (ROI) reported was less than a month.

Market Taxonomy

This report segments the global cryptocurrency ATM market on the basis of revenue source and cryptocurrency type. On the basis of the revenue source the industry is bifurcated into new installation and revenue through other sources. New installation is further segmented into one-way and two-way ATM based on the transaction types. For in depth analysis revenue through other sources is further categorized into transaction commissions, server utilization, technical support & other services (software upgradation, software installation, extra developments/software customization, layout customization). Based on the cryptocurrency type, the cryptocurrency ATM market is classified into Bitcoin, Litecoin, Dash, Ether, Dogecoin and other cryptocurrencies.

Cryptocurrency ATM Market: Medium of exchange that utilizes cryptography for secure transactions and control additional currency unit creation

Cryptocurrency ATMs are the easiest means to buy cryptocurrencies, which also support selling of the digital currencies. Owing to their capability to support multiple forms of cryptocurrencies and ability to support any national currencies across the globe, these machines have gained significant traction over the past few years. Prominent growth factor fueling demand is the proliferation of these digital assets or currencies, across the globe and growing acceptance of these decentralized means of transactions

Detailed Segmentation:

Global Cryptocurrency ATM Market, By Revenue Source:
â—¦ New Installations
â–ª One-way ATM
â–ª Two-way ATM
â—¦ Revenue through other sources
â–ª Transaction Commissions
â–ª Server utilization
â–ª Technical support & other services (software upgradation, software installation, extra developments/software customization, layout customization)

Global Cryptocurrency ATM Market, By Cryptocurrency Type:
â—¦ Bitcoin
â—¦ Litecoin
â—¦ Dash
â—¦ Ether
â—¦ Dogecoin
â—¦ Other cryptocurrencies

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This release was published on openPR.