Crypto ATM Market

Market overview
Crypto ATMs are the kiosks that permit a user to interchange their cryptocurrency for cash.
The increasing popularity of cryptocurrency will increase the demand for these ATMs
The global Crypto ATM Market was worth USD 21.53 Million in 2019 and is estimated to
rise at a CAGR of 61.45%, to reach USD 143.59 Million by 2024.
Recent developments
 In August 2018, Virtual Crypto Technology publicized the progression of its software
that provides the purchase and sale of cryptocurrency through conventional ATMs all
over the world.
Market Drivers and Restrains
Increasing installations of these ATMs in the hospitality industry will further raise the
popularity for these ATMs.
However, indefinite government rules about the use of cryptocurrency due to its volatility
will hamper the installation of these automated teller machines.
Increasing fund transfers in rising countries, unstable financial rules and increasing
installations of crypto ATMs in restaurants, general stores, bars, and gas stations are the
aspects driving the progression of the Crypto ATM market.
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Report is segmented as
By Type
One Way
Two Way
By Automated Teller Machine Hardware
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Geographical Segmentation:
Based on geography, the market is divided under various regions such as North America,
Europe, Asia-Pacific and the Rest of the World. North America is leading the global Crypto
ATM Market.
Key market players:
Genesis Coin
General Bytes
Coinsource (Operator)
Coinme (Operator)
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of market potential and forecasts with utmost granularity. Along this, the factors influential
in influencing the market dynamics and trends discussed in detail at the product level.
Further, the performance of the market at the regional and country-level had assessed and
the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance,
market position and growth strategies. Comparative analysis on prime strategically activities
of the market players delineating the key developments like mergers & acquisitions,
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