The future of the global crypto automated teller machine (ATM) market looks promising with opportunities in the commercial space, restaurants & other hospitality space, transportation hub, and standalone unit markets. The global crypto automated teller machine (ATM) market is expected to reach an estimated $4 billion by 2030 with a CAGR of 58.2% from 2024 to 2030. The major drivers for this market are increasing use of cryptocurrencies by those who would rather use cash than have a bank account, growing acceptance of digital payments and currency, and creation of bandwidth for high-speed internet.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the crypto automated teller
machine (ATM) market by offering (hardware and software), type (one way and two
way), coin type (bitcoin, dogecoin, ethereum, litecoin, and others),
application (commercial spaces, restaurants & other hospitality spaces,
transportation hubs, standalone units, and others), and region (North America,
Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, hardware
and software are the major segments of crypto automated teller machine (ATM)
market by offering. Lucintel forecasts that hardware will remain the larger
segment over the forecast period because the hardware is combined with current
standard atms is sold by cryptocurrency atm providers, and through this
connection, companies and financial institutions can increase the scope of
their offerings by combining standard banking services with the ability to buy
and sell cryptocurrencies.Within this market, restaurants & other
hospitality spaces will remain the largest segment because they invest in
cryptocurrency atms more and more to host cryptocurrency atms and make
additional revenue.
North America will
remain the largest region over the forecast period due to growth in acceptance,
rising demand for virtual money, along with the growing awareness of economy.
General Bytes, Genesis
Coin, Lamassu Industries, Covault, Bitaccess, Coinme, Coinsource, Bitstop,
Orderbob, and Cryptomat are the major suppliers in the crypto automated teller
machine (ATM) market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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