Press release
Cryptocurrency Automated Teller Machines (ATMs) Market Size 2022 CAGR Status, Share, Growth Prospects, Type, Manufacturers, Segments, Development Trends - Lamassu, Bitaccess, Covault
The Cryptocurrency Automated Teller Machines (ATMs) Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Cryptocurrency Automated Teller Machines (ATMs) market growth.The Global Cryptocurrency Automated Teller Machines (ATMs) Market Size is Projected to Reach at a CAGR of 58% during 2022-2027.
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Market Overview:
The growth of the market can be attributed to the rising number of crypto ATMs being installed worldwide. Crypto ATMs are being installed in various countries across the globe as businesses are putting a strong emphasis on meeting the changing needs of their customers. According to the statistics provided by Coinsource, a financial service provider, in January 2021, there were about 14,012 crypto ATMs worldwide. According to the statistics published by Tokenpost, crypto ATM installations reached about 50.9 machines per day in July 2021 worldwide.
Top Leading Companies:
General Bytes, Genesis Coin, Lamassu, Bitaccess, Covault, Coinsource (Operator), Bitxatm, Coinme (Operator), Orderbob, Rusbit
Cryptocurrency Automated Teller Machines (ATMs) Market Segmentation by Type:
1-way Model
2-way Model
Cryptocurrency Automated Teller Machines (ATMs) Market Segmentation by Application:
Banking
Retail
Others
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North American Dominates the Market
North American crypto ATM market is expected to hold the largest share of the crypto market by 2023. The US is expected to continue to dominate the market during the forecast period owing to the presence of a large number of crypto ATM hardware and software providers and favorable investment environment (without any legal barriers). In 2017, the Government of Mexico declared bitcoin legal, and it would be regulated by the Fintech Law. In addition, Canada has recorded extensive start-up activity, especially for cryptocurrency. Uncertain regulatory status of cryptocurrencies, and lack of awareness and technical understanding regarding cryptocurrencies restrict the market growth for crypto ATM manufacturers and operators. Further, concern regarding security and privacy is expected to pose a challenge to the market players.
Regional Cryptocurrency Automated Teller Machines (ATMs) Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Cryptocurrency Automated Teller Machines (ATMs) Market Report:
Detailed overview of Cryptocurrency Automated Teller Machines (ATMs) Market
Changing the Cryptocurrency Automated Teller Machines (ATMs) market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Cryptocurrency Automated Teller Machines (ATMs) market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Cryptocurrency Automated Teller Machines (ATMs) Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
Finally, the Cryptocurrency Automated Teller Machines (ATMs) Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Cryptocurrency Automated Teller Machines (ATMs) industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
The following are some of the reasons why you should obtain the following report:
Companies in the Cryptocurrency Automated Teller Machines (ATMs) industry may find current market trends, application solutions, and market landscapes useful.
Identify the current state of the market and the key industries.
It covers all of the necessary details about the market’s major producers, customers, and distributors.
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