DUBLIN, Jan. 21, 2022 /PRNewswire/ — The “Crypto ATM Market Size, Share & Trends Analysis Report by Type (One Way, Two Way), by Offering, by Coin Type (Bitcoin, Dogecoin, Ethereum, Litecoin), by Application, by Region, and Segment Forecasts, 2022-2028″ report has been added to ResearchAndMarkets.com’s providing.
The worldwide crypto ATM market dimension is predicted to succeed in USD 1.88 billion by 2028, increasing at a CAGR of 59.2% from 2022 to 2028
The expansion of the market might be attributed to the constant improve within the variety of new cryptocurrency customers and the next want for crypto ATMs to transform cryptocurrency into fiat cash. In accordance with the statistics supplied by TripleA, a cryptocurrency fee firm, there have been about 300 million crypto homeowners worldwide as of 2021.
Crypto ATMs provide a number of advantages to cryptocurrency customers. They supply cryptocurrency customers with simpler buying and selling choices. Additionally, customers will not be required to arrange an account or take care of lengthy public keys. Somewhat, crypto ATMs robotically generate the receipt for transactions and these receipts comprise each personal keys and public keys within the type of QR codes.
A number of retailers try to offer crypto ATM providers to their prospects as a part of the efforts to digitalize their choices whereas enhancing buyer experiences. As an example, in October 2021, Walmart introduced a partnership with coin cashing machine firm Coinstar and crypto-cash alternate supplier Coinme. The partnership envisages Walmart putting in 200 bitcoin ATMs in its retailer throughout the U.S.
The outbreak of the COVID-19 pandemic is predicted to play a decisive function in driving the expansion of the market. Decrease entry charges and ease of entry inspired individuals to more and more spend money on cryptocurrencies through the COVID-19 pandemic. In accordance with the U.S. Shopper Crypto Survey, 48% of Individuals purchased cryptocurrencies in H1/ 2021.
Crypto ATM Market Report Highlights
- The a technique section dominated the market in 2021. The rise in demand for a technique crypto ATMs among the many prospects as a result of its seamless transaction choices accentuated the section development in 2021
- The {hardware} section dominated the market in 2021. Crypto ATM {hardware} suppliers are specializing in strategic partnerships and mergers & acquisitions to enhance their product choices
- The bitcoin section dominated the market in 2021. The legalization of bitcoin throughout varied nations worldwide propelled the expansion of the section in 2021
- The eating places and different hospitality areas section dominated the market in 2021. A number of inns worldwide are deploying crypto ATMs as a part of the efforts to satisfy the altering wants of consumers
- The growing use of digital currencies in Asia Pacific nations, reminiscent of Australia, Thailand, and Taiwan is predicted to drive the expansion of the Asia Pacific regional market
Key Subjects Lined:
Chapter 1 Methodology and Scope
1.1 Analysis Methodology
1.2 Analysis Scope and Assumptions
1.3 Record of Information Sources
Chapter 2 Government Abstract
2.1 Crypto ATM Market-Trade Snapshot & Key Shopping for Standards, 2017-2028
2.2 International Crypto ATM Market, 2017-2028
2.2.1 International crypto ATM Market, by area, 2017-2028
2.2.2 International crypto ATM Market, by sort, 2017-2028
2.2.3 International crypto ATM Market, by providing, 2017-2028
2.2.4 International crypto ATM Market, by coin sort, 2017-2028
2.2.5 International crypto ATM Market, by utility, 2017-2028
Chapter 3 Crypto ATM Market Trade Outlook
3.1 Market Segmentation and Scope
3.2 Market Measurement and Development Prospects
3.3 Crypto ATM Market-Worth Chain Evaluation
3.4 Crypto ATM Market: Market Dynamics
3.4.1 Market driver evaluation
3.4.1.1 Rising fund transfers within the creating nations
3.4.1.2 Growing installations of crypto ATMs
3.4.2 Market problem evaluation
3.4.2.1 Safety and information privateness issues
3.5 Penetration and Development Prospect Mapping
3.6 Crypto ATM Market-Porter’s 5 Forces Evaluation
3.7 Crypto ATM Market-PESTEL Evaluation
Chapter 4 Funding Panorama Evaluation
4.1 Key Investor Dashboard
4.2 Buyers Imaginative and prescient & Purpose Evaluation
4.3 Funding Highlights
4.3.1 High VC traders
4.3.2 High offers of 2021
4.4 Investor Methods
Chapter 5 FinTech Trade Highlights
5.1 FinTech Ecosystem Overview
5.2 FinTech Companies Overview
5.3 Complete FinTech Funding, 2016-2020 (USD Billion)
5.4 FinTech Regulatory Outlook
5.4.1 Authorities Rules
5.4.2 Non-public/Affiliation Rules
5.5 FinTech Firm Evaluation-GVR Dashboard (High 50 firms)
Chapter 6 Crypto ATM Machine Quantity Evaluation
6.1 North America
6.2 Europe
6.3 Asia Pacific
6.4 Center East & Africa
Chapter 7 Crypto ATM Market Sort Outlook
7.1 Crypto ATM Market Share By Sort, 2021
7.2 One Means
7.2.1 Crypto ATM market share by one-way sort, 2017-2028
7.3 Two Means
7.3.1 Crypto ATM market share by two-way sort, 2017-2028
Chapter 8 Crypto ATM Market Providing Outlook
8.1 Crypto ATM Market Share By Providing, 2021
8.2 {Hardware}
8.2.1 Crypto ATM market share by {hardware}, 2017-2028
8.3 Software program
Chapter 9 Crypto ATM Market Coin Sort Outlook
9.1 Crypto ATM Market Share By Coin Sort, 2021
9.2 Bitcoin
9.2.1 Crypto ATM market share by bitcoin, 2017-2028
9.3 Dogecoin
9.4 Ethereum
9.5 Litecoin
9.6 Others
Chapter 10 Crypto ATM Market Utility Outlook
10.1 Crypto ATM Market Share By Utility, 2021
10.2 Industrial Areas
10.2.1 Crypto ATM market share by business areas, 2017-2028
10.3 Eating places & Different Hospitality Areas
10.4 Transportation Hubs
10.5 Standalone Models
10.6 Others
Chapter 11 Crypto ATM Market Regional Outlook
11.1 Crypto ATM Market Share By Area, 2021
11.1.1 Crypto ATM market, 2017-2028
11.1.2 Crypto ATM market, by sort, 2017-2028
11.1.3 Crypto ATM market, by providing, 2017-2028
11.1.4 Crypto ATM market, by coin sort, 2017-2028
11.1.5 Crypto ATM market, by utility, 2017-2028
Chapter 12 Aggressive Evaluation
12.1 Latest Developments & Affect Evaluation, By Key Market Individuals
12.2 Firm Categorization
12.3 Vendor Panorama
12.3.1 Key firm rating/firm market share evaluation, 2021
12.4 Firm Evaluation Instruments
12.4.1 Firm Market Place Evaluation
12.4.2 Aggressive Dashboard Evaluation
Chapter 13 Aggressive Panorama
13.1 Firm overview
13.2 Monetary efficiency
13.3 Product benchmarking
13.4 Strategic initiatives
- GENERAL BYTES s.r.o.
- Genesis Coin Inc.
- Lamassu Industries AG
- Covault
- Bitaccess Inc.
- Coinme
- Coinsource
- Coin ATM Radar
- Orderbob
- Cryptomat
For extra details about this report go to https://www.researchandmarkets.com/r/4t2c8m
Media Contact:
Analysis and Markets
Laura Wooden, Senior Supervisor
[email protected]
For E.S.T Workplace Hours Name +1-917-300-0470
For U.S./CAN Toll Free Name +1-800-526-8630
For GMT Workplace Hours Name +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (exterior U.S.): +353-1-481-1716
SOURCE Analysis and Markets
