Crypto ATM report describes the growth rate and trend of the market in detail, segmenting the global market based on the type and Format of the product, the technology used, consumer applications. Regions and countries mentioned in the report are North America (United States, Canada and Mexico), Europe, (Germany, France, UK, Russia and Italy), Asia Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
The Global Crypto ATM Market is expected to reach USD 147.9 million by 2025 and is projected to grow at a CAGR of 56.9% in the forecast period of 2019 to 2025
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Cryptocurrency is defined as digital or virtual money in the form of tokens or “coins. It is an Internet-connected kiosk that allows customers to purchase bitcoins with deposited cash. A crypto ATM is not the same as an ATM backed by a traditional financial institution or bank. The cryptocurrencies have ventured into credit cards or other projects. The “crypto” in cryptocurrencies refers to complicated cryptography for a particular digital token to be stored, transacted and generated securely. Cryptocurrencies is designed to get free from government control and manipulation and the rising demand of cryptocurrency getting more popular this foundational aspect of the industry has come under fire.
Major Key players profiled in this report are:
GENERAL BYTES (Czech Republic), Genesis Coin (US), Lamassu (UK), COVAULT (US), Bitaccess (Canada), Coinme (US), Coinsource (US), Bitxatm (German), Orderbob (Austria), and RUSbit (Russia) and many more.
Market Drivers and Restraints:
- Increasing fund transfers in developing countries
- Fluctuating monetary regulations
- Increasing installations of crypto ATMs in restaurants, bars, general stores, and gas stations.
- Uncertain regulatory status of cryptocurrencies.
- Lack of awareness and technical understanding regarding cryptocurrency
Table of Contents:
- Introduction
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Delivery
- Industry Type
- Geography
- Company Landscape
- Company Profiles
- Related Reports
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This report contains wide-ranging and comprehensive market insights which are based on business intelligence. This market report provides statistics on the current state of the industry as a helpful source of assistance and direction for companies and investors interested in this market. It is expected to witness growth during the forecast period due to growing demand at the end user level. The report puts a light on several aspects related to industry and market.
Market Segmentation: Global Crypto ATM Market
- The market is segmented based on type , automated teller machine hardware and geographical segments
- 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.
- Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Reasons to Purchase this Report:
- Current and future of Global Crypto ATM Market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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