Cryptocurrency ATMs Market : Global Opportunity Analysis and Industry Forecast, 2023-2032

November 07, 2023 06:09 PM AEDT | By EIN Presswire
 Cryptocurrency ATMs Market : Global Opportunity Analysis and Industry Forecast, 2023-2032
Image source: EIN Presswire

The digital or virtual money in the form of tokens or coins is known as cryptocurrency.

WILMINGTON, DELAWARE, UNITED STATES, November 7, 2023 /EINPresswire.com/ -- Customers can buy bitcoins with cash deposited at an internet-connected kiosk. A crypto ATM is not the same as a traditional financial institution or bank-backed ATM. Cryptocurrencies were created to be free of government manipulation and control. The crypto ATM market has grown as a result of the adoption of digital transactions as a substitute for cash.

The global cryptocurrency ATMs market is segmented on the basis of type, atm hardware, type of coin, enterprise size and region. Based on type, the market is divided into one way and two way. In terms of atm hardware, the market is categorized into display, ATM printer, QR scanner, and others. On the basis of type of coin, the market is divided into bitcoin, dog coin, litecoin, z-cash, dash, monexo, and ethereum. On the basis of enterprise size the market is divided into large enterprise and small & medium enterprises. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

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Key players operating in the global cryptocurrency ATMs industry include Covault, CoinDesk, GENERAL BYTES, Bitaccess, Genesis Coin Inc., Coin ATM Radar, Orderbob Inc., Coinsource, Crunchbase Inc. and BitXatm Technology LLC. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global cryptocurrency ATMs market.

COVID-19 Impact Analysis

The outbreak of COVID-19 has wreaked havoc on the economy. The recent cryptocurrency market crash should be regarded as a blip on the radar. Cryptocurrencies have proven to be remarkably resilient in the face of such extremes and economic meltdowns.

Fortunately, the rapid rise in global high-speed internet access and digitization has created a fertile ground for digital currency. However, in most parts of the world, many people are unaware of the entire cryptocurrency scene.

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Key Benefits of the Report

This study presents analytical depiction of the cryptocurrency ATMs market forecast along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.

The current market is quantitatively analyzed to highlight the cryptocurrency ATMs market growth scenario.

Porter’s five forces analysis illustrates the potency of buyers & suppliers in the cryptocurrency ATMs market share.

The report provides a detailed cryptocurrency ATMs market analysis on the basis of present and future competitive intensity of the market.

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Cryptocurrency ATMs Market Report Highlights

By Type

One-Way
Two-Way

By ATM Hardware

Display
ATM Printer
QR Scanner
Others

By Type

Bitcoin
Dog Coin
Litecoin
Z-Cash
Dash
Monexo
Ethereum

By Enterprise Size

Large Enterprise
Small & Medium Enterprises

By Region

North America (U.S., Canada)
Europe (France, Germany, UK, Rest of Europe)
Asia-Pacific (China, Japan, India, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)

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