The Global Crypto ATM Market size was estimated at USD 76 Million in 2021 and is expected to hit around USD 4,322 Million by 2031, poised to grow at a compound annual growth rate (CAGR) of 57.6% from 2022 to 2031.
Global Crypto ATM Market: Breakup by Region, (USD Million) 2022 & 2031
Source: Primary Research and Secondary Research Analysis
The industry that includes the creation, installation, and management of ATMs intended exclusively for the purchase and sale of cryptocurrencies is known as the worldwide crypto ATM market. These specialised ATMs offer consumers a physical interface via which they can convert between different cryptocurrencies, such as Ethereum, Bitcoin, and others, and regular fiat currency. The market has expanded significantly in recent years due to the global acceptance and growing popularity of cryptocurrencies.
The growing need for easily navigable onramps to the cryptocurrency ecosystem is a major driver behind the growth of the worldwide crypto ATM business. Crypto ATMs provide a concrete link between the physical and virtual worlds, enabling users to interact with cryptocurrencies similarly to how they would with conventional financial transactions. The ease with which in-person cryptocurrency transactions may be completed without the need for online exchanges has drawn both beginners and enthusiasts to the market, contributing to its expansion.
Several noteworthy developments are reshaping industries across several sectors in the context of the global market. First of all, companies are still embracing cutting-edge technology to increase productivity and competitiveness, which is a major factor in the ongoing digital revolution. Leading the charge in transforming operational procedures and decision-making are cloud computing, artificial intelligence, and data analytics. This revolutionary wave is being further propelled by the continuous development of Industry 4.0, which is defined by the combination of automation and smart technologies.
Second, corporations all throughout the world are beginning to prioritise sustainability. Businesses are giving priority to eco-friendly procedures and integrating sustainable methods into their operations as a result of growing public awareness of environmental challenges. This affects supply chain management, product development, and general business strategies in addition to corporate social responsibility. The adoption of sustainable practises is propelled by both a sense of obligation and an understanding of the financial benefits linked to eco-friendly endeavours.
Finally, the persistent worldwide obstacles, such the COVID-19 pandemic's aftermath, geopolitical unpredictabilities, and supply chain interruptions, are forcing companies to reevaluate and strengthen their resilience. Businesses are adopting digital tools for agility, diversifying their sources, and reassessing their supply chain strategies. The pandemic has intensified the use of remote work, which continues to have an impact on worker dynamics and organisational structures. Hybrid models are becoming more and more popular. It takes creativity, agility, and a deep awareness of the shifting global scene to navigate these trends.
Recent Developments:
The recent changes in the worldwide market for bitcoin ATMs are indicative of the ecosystem's ongoing growth and development. First off, there has been a discernible rise in the quantity of cryptocurrency ATMs installed globally. According to the most recent figures, there are more over a thousand cryptocurrency ATMs in the world overall, and their number is increasing across several nations. This growth is a sign of the growing need for easily accessible onramps to the cryptocurrency industry that make it simple for people to purchase or trade digital assets. The installation of these ATMs has increased dramatically in major cities and well-known tourist locations, giving people tangible access to cryptocurrency.
Second, the direction that the cryptocurrency ATM business is taking is greatly influenced by regulatory developments. A number of legal authorities are attempting to provide precise guidelines for the functioning of cryptocurrency ATMs in order to solve issues with consumer safety, fraud, and money laundering. Operators of cryptocurrency ATMs are starting to place a high priority on regulatory compliance because they believe that following rules is crucial to the industry's long-term survival. While some areas have adopted policies that are favourable to cryptocurrencies, others are currently developing structures to handle the increasing number of cryptocurrency ATMs.
Table of Content
Global Crypto ATM Market Research Report, 2020-2031.
Chapter 1. Introduction
1.1. Report description
1.2. Key market segments
1.3. Regional Scope
1.4. Executive Summary
Chapter 2. Research Methodology
2.1. Secondary Research
2.2. Primary Research
2.3. Secondary Analyst Tools and Models
Chapter 3. Market Dynamics
3.1. Market driver analysis
3.2. Market restraint analysis
3.3. Market Opportunity
3.4. Market Challenges
3.5. Impact analysis of COVID-19 on the Crypto ATM Market
Chapter 4. Market Variables and Outlook
4.1. SWOT Analysis
4.1.1. Strengths
4.1.2. Weaknesses
4.1.3. Opportunities
4.1.4. Threats
4.2. Supply Chain Analysis
4.3. PESTEL Analysis
4.3.1. Political Landscape
4.3.2. Economic Landscape
4.3.3. Social Landscape
4.3.4. Technological Landscape
4.3.5. Environmental Landscape
4.3.6. Legal Landscape
4.4. Porter’s Five Forces Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of Substitute
4.4.4. Threat of New Entrant
4.4.5. Competitive Rivalry
Chapter 5. Crypto ATM Market: Type of ATM Estimates & Trend Analysis
5.1. Crypto ATM Market value share and forecast, (USD Million) (2020 to 2031)
5.2. Incremental Growth Analysis and Infographic Presentation
5.3. One-Way Crypto ATMs
5.3.1. Market Size & Forecast, (USD Million) 2020-2031
5.4. Two-Way Crypto ATMs
5.4.1. Market Size & Forecast, (USD Million) 2020-2031
Chapter 6. Crypto ATM Market: Functionality Estimates & Trend Analysis
6.1. Crypto ATM Market value share and forecast, (USD Million) (2020 to 2031)
6.2. Incremental Growth Analysis and Infographic Presentation
6.3. Cash to Crypto ATMs
6.3.1. Market Size & Forecast, (USD Million) 2020-2031
6.4. Crypto to Cash ATMs
6.4.1. Market Size & Forecast, (USD Million) 2020-2031
Chapter 7. Crypto ATM Market: Ownership Size Estimates & Trend Analysis
7.1. Crypto ATM Market value share and forecast, (USD Million) (2020 to 2031)
7.2. Incremental Growth Analysis and Infographic Presentation
7.3. Operator-owned ATMs
7.3.1. Market Size & Forecast, (USD Million) 2020-2031
7.4. Manufacturer-owned ATMs
7.4.1. Market Size & Forecast, (USD Million) 2020-2031
Chapter 8. Crypto ATM Market: Cryptocurrency Type Estimates & Trend Analysis
8.1. Crypto ATM Market value share and forecast, (USD Million) (2020 to 2031)
8.2. Incremental Growth Analysis and Infographic Presentation
8.3. Bitcoin ATMs
8.3.1. Market Size & Forecast, (USD Million) 2020-2031
8.4. Multi-currency ATMs
8.4.1. Market Size & Forecast, (USD Million) 2020-2031
Chapter 9. Crypto ATM Market: Regional Estimates & Trend Analysis
9.1. Crypto ATM Market value share and forecast, (USD Million) (2020 to 2031)
9.2. Incremental Growth Analysis and Infographic Presentation
9.3. North America
9.3.1. Market Size & Forecast, (USD Million) 2020-2031
9.4. Europe
9.4.1. Market Size & Forecast, (USD Million) 2020-2031
9.5. Asia Pacific
9.5.1. Market Size & Forecast, (USD Million) 2020-2031
9.6. Middle East & Africa
9.6.1. Market Size & Forecast, (USD Million) 2020-2031
9.7. Latin America
9.7.1. Market Size & Forecast, (USD Million) 2020-2031
Chapter 10. Crypto ATM Market: Country Estimates & Trend Analysis
10.1. Crypto ATM Market value share and forecast, (USD Million) (2020 to 2031)
10.2. Incremental Growth Analysis and Infographic Presentation
10.3. U.S.
10.3.1. Market Size & Forecast, (USD Million) 2020-2031
10.4. Canada
10.4.1. Market Size & Forecast, (USD Million) 2020-2031
10.5. Mexico
10.5.1. Market Size & Forecast, (USD Million) 2020-2031
10.6. UK
10.6.1. Market Size & Forecast, (USD Million) 2020-2031
10.7. France
10.7.1. Market Size & Forecast, (USD Million) 2020-2031
10.8. Germany
10.8.1. Market Size & Forecast, (USD Million) 2020-2031
10.9. Russia
10.9.1. Market Size & Forecast, (USD Million) 2020-2031
10.10. Italy
10.10.1. Market Size & Forecast, (USD Million) 2020-2031
10.11. Spain
10.11.1. Market Size & Forecast, (USD Million) 2020-2031
10.12. China
10.12.1. Market Size & Forecast, (USD Million) 2020-2031
10.13. India
10.13.1. Market Size & Forecast, (USD Million) 2020-2031
10.14. Japan
10.14.1. Market Size & Forecast, (USD Million) 2020-2031
10.15. Indonesia
10.15.1. Market Size & Forecast, (USD Million) 2020-2031
10.16. South Korea
10.16.1. Market Size & Forecast, (USD Million) 2020-2031
10.17. Australia
10.17.1. Market Size & Forecast, (USD Million) 2020-2031
10.18. Brazil
10.18.1. Market Size & Forecast, (USD Million) 2020-2031
10.19. Argentina
10.19.1. Market Size & Forecast, (USD Million) 2020-2031
10.20. Saudi Arabia
10.20.1. Market Size & Forecast, (USD Million) 2020-2031
10.21. UAE
10.21.1. Market Size & Forecast, (USD Million) 2020-2031
10.22. South Africa
10.22.1. Market Size & Forecast, (USD Million) 2020-2031
Chapter 11. Competitive Landscape
11.1. Company Market Share Analysis
11.2. Vendor Landscape
11.3. Competition Dashboard
Chapter 12. Company Profiles
12.1. Business Overview, Product Landscape, Financial Performanceand Company
Strategies for below companies
12.2. CoinFlip
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Benchmarking
12.2.4. Geographic Footprint
12.2.5. Strategic Initiatives
12.3. Bitcoin Depot
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Benchmarking
12.3.4. Geographic Footprint
12.3.5. Strategic Initiatives
12.4. CoinCloud
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Benchmarking
12.4.4. Geographic Footprint
12.4.5. Strategic Initiatives
12.5. Genesis Coin
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Benchmarking
12.5.4. Geographic Footprint
12.5.5. Strategic Initiatives
12.6. General Bytes
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Benchmarking
12.6.4. Geographic Footprint
12.6.5. Strategic Initiatives
12.7. Bitaccess
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Benchmarking
12.7.4. Geographic Footprint
12.7.5. Strategic Initiatives
12.8. Coinsource
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Benchmarking
12.8.4. Geographic Footprint
12.8.5. Strategic Initiatives
12.9. ByteFederal
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Benchmarking
12.9.4. Geographic Footprint
12.9.5. Strategic Initiatives
12.10. LocalBitcoins
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Benchmarking
12.10.4. Geographic Footprint
12.10.5. Strategic Initiatives
12.11. Lamassu
12.11.1. Company Overview
12.11.2. Financial Performance
12.11.3. Product Benchmarking
12.11.4. Geographic Footprint
12.11.5. Strategic Initiatives
12.12. Bitstop
12.12.1. Company Overview
12.12.2. Financial Performance
12.12.3. Product Benchmarking
12.12.4. Geographic Footprint
12.12.5. Strategic Initiatives
12.13. Shitcoins Club
12.13.1. Company Overview
12.13.2. Financial Performance
12.13.3. Product Benchmarking
12.13.4. Geographic Footprint
12.13.5. Strategic Initiatives
12.14. BCB ATM
12.14.1. Company Overview
12.14.2. Financial Performance
12.14.3. Product Benchmarking
12.14.4. Geographic Footprint
12.14.5. Strategic Initiatives
12.15. ChainBytes
12.15.1. Company Overview
12.15.2. Financial Performance
12.15.3. Product Benchmarking
12.15.4. Geographic Footprint
12.15.5. Strategic Initiatives
12.16. Trovemat
12.16.1. Company Overview
12.16.2. Financial Performance
12.16.3. Product Benchmarking
12.16.4. Geographic Footprint
12.16.5. Strategic Initiatives
Chapter 13. Conclusion
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