As cryptocurrency awareness and adoption grows, the crypto currency ATM industry is forecast to expand at a high CAGR of over five-year period. Many investors and traders with experience in cryptocurrency classify cryptographic ATMs as a trick, since these machines charge exorbitant fees compared to fiat-to-cryptographic digital exchanges, such as Coinbase, Bittrex or Bitstamp. But as decentralized technologies develop and more individuals seek entry into the cryptosphere, analysts predict that the value of the global ATM cryptography market will soar in correlation with the growing demand for accessible access ramps.
It is forecasted that the Crypto Currency ATM Market was worth $6.8 million last year but has since then grown to reach a figure of $16.3 million in 2018 at a CAGR of 54%.
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Top Key Players:
Some of the key players are Genesis Coin, General Bytes, Lamassu, Bit Access, Covault, BitXatm, BTC facil, Skyhook, and LocalBitcoins
Crypto Currency ATM Market Segmentation:
Crypto ATM Market, by Type:
- 1 Way
- 2 Way
Crypto ATM Market, by ATM Hardware:
- ATM Printer
- QR Scanner
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The majority of the crypto currency ATM market will be owned by North America, since innovation and adoption will boost demand. I know. UU They have a large number of software and hardware providers of cryptographic ATMs, and there are no legal barriers to creating or using such products in the country from now on. Also in Mexico, the government has declared Bitcoin a legitimate entity, which will be regulated by the Fintech Law.
In this study, the years considered to estimate the size of Crypto Currency ATM Market are as follows:
- History Year: 2013-2018
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year 2018 to 2025
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Table of Content:
- Market Overview of Global Crypto Currency ATM Market
- Competition Analysis by Players
- Company (Top Players) Profiles
- Software Market Size by Type and Application
- US Market Status and Outlook
- EU Development Market Status and Outlook
- Japan Market Development Status and Outlook
- China Market Status and Outlook
- India Global Crypto Currency ATM Market Status and Outlook
- Southeast Asia Market Status and Outlook
- Market Forecast by Region, Type and Application
- Market Dynamics
- Market Effect Factor Analysis
- Research Finding/ Conclusion
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