Cryptocurrency ATM Market Shows Boosted Growth Rate 2018-2026 Estimated by Global Top Players

Coherent Market Insights has recently updated its massive report catalogue by adding a fresh study titled “Global Cryptocurrency ATM Market – Industry Analysis, Size, Share, Growth, Trends, & Forecast 2018-2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with the growth of manufacturers in the global market for Cryptocurrency ATM. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

Request Free sample copy here @ https://www.coherentmarketinsights.com/insight/request-pdf/979

This report on the Cryptocurrency ATM market studies the current as well as future prospects of the market globally. The stakeholders of this report include companies and intermediaries engaged in the wellness programs and services for corporate companies and new entrants planning to enter this market. This report comprises an elaborate executive summary along with a market snapshot providing overall information of various segments and sub-segments considered in the scope of the study. This section also provides overall information and data analysis of the global Cryptocurrency ATM market regarding leading market segments based on service type and regions.

Market Dynamics –The global cryptocurrency ATM market is estimated to be valued at US$ 13.99 million in 2017 and is expected to witness a CAGR at 45.8% during the forecast period (2017 – 2025).

Geographically, Cryptocurrency ATM market report 2018-2026 provides a detailed analysis of major regions such as North America, Europe, Asia Pacific, South America & the Middle East and Africa. Cryptocurrency ATM market analysis is provided for the international market including development history, competitive landscape analysis, and major regional development status, segmentations with product type and application.

Cryptocurrency ATM market report covers types, applications, Vendors, production, consumption, sales, revenue, market share, gross margin, cost, gross, market share, CAGR, imports & exports, and market influencing factors.

This research study covers Cryptocurrency ATM Market competition by top manufacturers, with production, price, and revenue (value) and market share. Major Participants Included in Cryptocurrency ATM Market are, Genesis Coin, General Bytes, Lamassu, Bit Access, Covault, BitXatm, BTC facil, BitTeller, Skyhook, and LocalBitcoins.

In the end, the report makes some important proposals for a new project of Cryptocurrency ATM Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of global market covering all important parameters.

  • Cryptocurrency ATM driver
  • Cryptocurrency ATM challenge
  • Cryptocurrency ATM trend

Market Taxonomy:

Global Cryptocurrency ATM Market, By Revenue Source:

  • New Installations
    • One-way ATM
    • Two-way ATM
  • Revenue through other sources
    • Transaction Commissions
    • Server utilization
    • Technical support & other services (software upgradation, software installation, extra developments/software customization, layout customization)

Global Cryptocurrency ATM Market, By Cryptocurrency Type:

  • Bitcoin
  • Litecoin
  • Dash
  • Ether
  • Dogecoin
  • Other cryptocurrencies

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What Cryptocurrency ATM Market Research Offers:

  • Global Cryptocurrency ATM industry shares drivers, constraints, opportunities, threats, challenges, investment opportunities
  • Cryptocurrency ATM Industry gives assessments for the regional level analysis with Production, Sales, Consumption, Imports, and Exports
  • Cryptocurrency ATM market provides manufacturers with basic information, product category, sales revenue, price, and gross margin (2018-2026)
  • Cryptocurrency ATM market forecasts for a minimum of 6 to 8 years of all the mentioned segments
  • Supply chain trends mapping the latest technological advancements
  • Strategic for the new entrants in the Cryptocurrency ATM market
  • Manufacturing process, suppliers, price, production and consumption analysis, mode of transport and cost analysis, industry chain analysis
  • Company profiling with detailed strategies, financials, and recent developments

TOC of Cryptocurrency ATM Market Report Covered: Market research methodology, Opportunity in the market, Market landscape, Market segmentation by type, Geographical Segmentation, Market drivers, Market challenges, Market trends, Cryptocurrency ATM market Vendors landscape, List of Exhibits

Cryptocurrency ATM Market moving toward 2026 With New Procedures

Coherent Market Insights has recently updated its massive report catalogue by adding a fresh study titled “Global Cryptocurrency ATM Market – Industry Analysis, Size, Share, Growth, Trends, & Forecast 2018-2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with the growth of manufacturers in the global market for Cryptocurrency ATM. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

Request Free sample copy here @ https://www.coherentmarketinsights.com/insight/request-pdf/979

This report on the Cryptocurrency ATM market studies the current as well as future prospects of the market globally. The stakeholders of this report include companies and intermediaries engaged in the wellness programs and services for corporate companies and new entrants planning to enter this market. This report comprises an elaborate executive summary along with a market snapshot providing overall information of various segments and sub-segments considered in the scope of the study. This section also provides overall information and data analysis of the global Cryptocurrency ATM market regarding leading market segments based on service type and regions.

Market Dynamics –The global cryptocurrency ATM market is estimated to be valued at US$ 13.99 million in 2017 and is expected to witness a CAGR at 45.8% during the forecast period (2017 – 2025).

Geographically, Cryptocurrency ATM market report 2018-2026 provides a detailed analysis of major regions such as North America, Europe, Asia Pacific, South America & the Middle East and Africa. Cryptocurrency ATM market analysis is provided for the international market including development history, competitive landscape analysis, and major regional development status, segmentations with product type and application.

Cryptocurrency ATM market report covers types, applications, Vendors, production, consumption, sales, revenue, market share, gross margin, cost, gross, market share, CAGR, imports & exports, and market influencing factors.

This research study covers Cryptocurrency ATM Market competition by top manufacturers, with production, price, and revenue (value) and market share. Major Participants Included in Cryptocurrency ATM Market are, Genesis Coin, General Bytes, Lamassu, Bit Access, Covault, BitXatm, BTC facil, BitTeller, Skyhook, and LocalBitcoins.

In the end, the report makes some important proposals for a new project of Cryptocurrency ATM Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of global market covering all important parameters.

  • Cryptocurrency ATM driver
  • Cryptocurrency ATM challenge
  • Cryptocurrency ATM trend

Ask Discount before purchasing @ https://www.coherentmarketinsights.com/insight/request-discount/979

What Cryptocurrency ATM Market Research Offers:

  • Global Cryptocurrency ATM industry shares drivers, constraints, opportunities, threats, challenges, investment opportunities
  • Cryptocurrency ATM Industry gives assessments for the regional level analysis with Production, Sales, Consumption, Imports, and Exports
  • Cryptocurrency ATM market provides manufacturers with basic information, product category, sales revenue, price, and gross margin (2018-2026)
  • Cryptocurrency ATM market forecasts for a minimum of 6 to 8 years of all the mentioned segments
  • Supply chain trends mapping the latest technological advancements
  • Strategic for the new entrants in the Cryptocurrency ATM market
  • Manufacturing process, suppliers, price, production and consumption analysis, mode of transport and cost analysis, industry chain analysis
  • Company profiling with detailed strategies, financials, and recent developments

TOC of Cryptocurrency ATM Market Report Covered: Market research methodology, Opportunity in the market, Market landscape, Market segmentation by type, Geographical Segmentation, Market drivers, Market challenges, Market trends, Cryptocurrency ATM market Vendors landscape, List of Exhibits

Cryptocurrency ATM Market: Demand, Insights, Analysis, Opportunities, Segmentation and Forecast to 2026

Coherent Market Insights has recently updated its massive report catalogue by adding a fresh study titled “Global Cryptocurrency ATM Market – Industry Analysis, Size, Share, Growth, Trends, & Forecast 2018-2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with the growth of manufacturers in the global market for Cryptocurrency ATM. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

Request Free sample copy here @ https://www.coherentmarketinsights.com/insight/request-pdf/979

This report on the Cryptocurrency ATM market studies the current as well as future prospects of the market globally. The stakeholders of this report include companies and intermediaries engaged in the wellness programs and services for corporate companies and new entrants planning to enter this market. This report comprises an elaborate executive summary along with a market snapshot providing overall information of various segments and sub-segments considered in the scope of the study. This section also provides overall information and data analysis of the global Cryptocurrency ATM market regarding leading market segments based on service type and regions.

Market Dynamics –The global cryptocurrency ATM market is estimated to be valued at US$ 13.99 million in 2017 and is expected to witness a CAGR at 45.8% during the forecast period (2017 – 2025).

Geographically, Cryptocurrency ATM market report 2018-2026 provides a detailed analysis of major regions such as North America, Europe, Asia Pacific, South America & the Middle East and Africa. Cryptocurrency ATM market analysis is provided for the international market including development history, competitive landscape analysis, and major regional development status, segmentations with product type and application.

Cryptocurrency ATM market report covers types, applications, Vendors, production, consumption, sales, revenue, market share, gross margin, cost, gross, market share, CAGR, imports & exports, and market influencing factors.

This research study covers Cryptocurrency ATM Market competition by top manufacturers, with production, price, and revenue (value) and market share. Major Participants Included in Cryptocurrency ATM Market are, Genesis Coin, General Bytes, Lamassu, Bit Access, Covault, BitXatm, BTC facil, BitTeller, Skyhook, and LocalBitcoins.

In the end, the report makes some important proposals for a new project of Cryptocurrency ATM Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of global market covering all important parameters.

  • Cryptocurrency ATM driver
  • Cryptocurrency ATM challenge
  • Cryptocurrency ATM trend

Market Taxonomy:

Global Cryptocurrency ATM Market, By Revenue Source:

  • New Installations
    • One-way ATM
    • Two-way ATM
  • Revenue through other sources
    • Transaction Commissions
    • Server utilization
    • Technical support & other services (software upgradation, software installation, extra developments/software customization, layout customization)

Global Cryptocurrency ATM Market, By Cryptocurrency Type:

  • Bitcoin
  • Litecoin
  • Dash
  • Ether
  • Dogecoin
  • Other cryptocurrencies

Ask Discount before purchasing @ https://www.coherentmarketinsights.com/insight/request-discount/979

What Cryptocurrency ATM Market Research Offers:

  • Global Cryptocurrency ATM industry shares drivers, constraints, opportunities, threats, challenges, investment opportunities
  • Cryptocurrency ATM Industry gives assessments for the regional level analysis with Production, Sales, Consumption, Imports, and Exports
  • Cryptocurrency ATM market provides manufacturers with basic information, product category, sales revenue, price, and gross margin (2018-2026)
  • Cryptocurrency ATM market forecasts for a minimum of 6 to 8 years of all the mentioned segments
  • Supply chain trends mapping the latest technological advancements
  • Strategic for the new entrants in the Cryptocurrency ATM market
  • Manufacturing process, suppliers, price, production and consumption analysis, mode of transport and cost analysis, industry chain analysis
  • Company profiling with detailed strategies, financials, and recent developments

TOC of Cryptocurrency ATM Market Report Covered: Market research methodology, Opportunity in the market, Market landscape, Market segmentation by type, Geographical Segmentation, Market drivers, Market challenges, Market trends, Cryptocurrency ATM market Vendors landscape, List of Exhibits

Cryptocurrency ATM Market Growth Prediction and Demand 2018 to 2026

CMI announced that it’s published an exclusive report namely Global Cryptocurrency ATM Market by Manufacturers, Regions, Type and Application, Forecast to 2026 in its research database with report summary, table of content, research methodologies and data sources. The research study offers a substantial knowledge platform for entrants and investors as well as veteran companies, manufacturers functioning in the Worldwide Cryptocurrency ATM Market. This is an informative study covering the market with in-depth analysis and portraying the current state of affairs in the industry.

The global cryptocurrency ATM market is estimated to be valued at US$ 13.99 million in 2017 and is expected to witness a CAGR at 45.8% during the forecast period (2017 – 2025).

Get Access to PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/979

The report presents an overview of Cryptocurrency ATM Market consist of objectives study and definition of Cryptocurrency ATM. The next section focuses on market size, region-wise Cryptocurrency ATM production value ($) and growth rate estimation from 2018-2026. Manufacturers are taking innovative strategies to increase the market share of their products. The success of new product launches is expected to speedup players for business growth.

The Global demand for Cryptocurrency ATM Market is forecast to report strong development driven by consumption in major evolving markets. More growth opportunities to come up between 2018 and 2026 compared to a few years ago, signifying the rapid pace of change.

Following market aspects are enfolded in Global Cryptocurrency ATM Market Report:

1. A wide summarization of the Global Cryptocurrency ATM Market.

2. The present and forecasted regional market size data based on applications, types, and regions.

3. Market trends, drivers and challenges for the Global Cryptocurrency ATM Market.

4. Analysis of company profiles of Top major players functioning in the market.

Cryptocurrency ATM Market report passes on a fundamental overview of the Market including its definition, applications, and advancement. Furthermore, the Industry report investigates the ecumenical Major Cryptocurrency ATM Market players in detail. Cryptocurrency ATM Market report gives key bits of Cautiousness and subsisting status of the Players and is a basic Source obviously and heading for Companies and people energized by the Industry.

Key Manufacturers Analysis: Genesis Coin, General Bytes, Lamassu, Bit Access, Covault, BitXatm, BTC facil, BitTeller, Skyhook, and LocalBitcoins.S

The top manufacturers, exporters, and retailers (if applicable) around the world are analyzed for this research report with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

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Key questions answered in Report:-

• Cryptocurrency ATM Business Analysis Including Size, Share, Key Drivers, Growth Opportunities and Trends 2018- 2026

• Consumption Analysis of Cryptocurrency ATM, Guidelines Overview and Upcoming Trends Forecast till 2026

• Cryptocurrency ATM Market Top Companies Sales, Price, Revenue and Market Share Outlook

• Cryptocurrency ATM Revenue, Key Players, Supply-Demand, Investment Feasibility and Forecast 2026

• Analytical Overview, Growth Factors, Demand and Trends

• Cryptocurrency ATM by Technology, Opportunity Analysis and Industry Forecasts, 2018- 2026

• Analysis Covering Market Size, Growth Factors, Demand, Trends and Forecast

• Cryptocurrency ATM Overview, Raw Materials Analysis, Market Drivers and Opportunities

• In-depth Research on Market Size, Trends, Emerging Growth Factors and Forecasts.

Conclusively, this report will provide you a clear view of each fact of the market without a need to refer to any other research report or a data source. Our report will provide you with all the facts about the past, present, and future of the concerned Market.

Cryptocurrency ATM Market To Incur Rapid Extension During 2018 – 2026

Cryptocurrency ATMs are the easiest means to buy cryptocurrencies, which also support selling of the digital currencies. Owing to their capability to support multiple forms of cryptocurrencies and ability to support any national currencies across the globe, these machines have gained significant traction over the past few years. Prominent growth factor fueling demand is the proliferation of these digital assets or currencies, across the globe and growing acceptance of these decentralized means of transactions

Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/979

High demand for digital currencies is expected to drive the cryptocurrency market growth

Cryptocurrencies are driven by several advantages over the conventional currencies such as the limited supply, growing number of investors, growing user confidence, growing mining complexity, and substantial support by the media. In October 2013, Robocoin machine was introduced as the world’s first publicly available bitcoin machine to improve the transaction ability. The machine witnessed 348 transactions, in its first eight days of installation with an average transaction value of USD 273. In its first installation, the (ROI) reported was less than a month.

Rising ROI Along With the Capability of the Two-Way Transactions are Expected to Fuel the Overall Industry Growth during the Forecast Period

Rapid increase in the number of ATMs every year has forced the ROI to set back, however, it is largely dependent on the location of deployment of the Bitcoin Automated Teller Machines (BTMs). According to Coherent Market Insights, on an average the most populated or urban areas have the highest number of transactions, that help in generating complete ROI within spans of less than a year, even if the number of visitors per day is around 1-2. According to Coherent Market Insights analysis, the average number of new installations are expected to increase past 14 per day by 2025 driving the volume growth at over 44.6% CAGR over the forecast period. Moreover, according to Coin ATM Radar, the total number of deployments reached to around 1730, as of October 27, 2017, due to high ROI and increasing popularity of the digital currencies. Also, Coin ATM Radar estimated 4.43 Bitcoin ATMs installations per day in the last seven days in October 2017.

The global cryptocurrency ATM market is estimated to be valued at US$ 13.99 million in 2017 and is expected to witness a CAGR at 45.8% during the forecast period (2017 – 2025).

Substantial increase in costs legal costs are expected to be the major hindrance in the cryptocurrency ATM market growth

Compliance to the existing distinct regulatory requirements from county to country, these are among the most underestimated expenses which also contribute to significant difficulty for the users in deployment. Basic level of registration and compliance requirements require an upfront amount of US$ 5,000 and the same amount annually to maintain the operations. For businesses running multiple machines, the cost include an upfront compliance requirements of over US$ 15,000 with around to US$ 10k to maintain the operations.

Request for Customization @ https://www.coherentmarketinsights.com/insight/request-customization/979

North America dominated the global cryptocurrency ATM market share by volume in 2016 accounting for 73.21% of the global industry in 2016

Due to high concentration of deployments in U.S. and North America, North America has remained the most dominating region in terms of both value and volume over the last few years, is expected to dominate the industry share through the forecast period. North America was followed by Europe, Asia Pacific, Latin America and Africa.

Cryptocurrency ATM Market Trends Research And Projections For 2018-2026

Cryptocurrency ATMs are the easiest means to buy cryptocurrencies, which also support selling of the digital currencies. Owing to their capability to support multiple forms of cryptocurrencies and ability to support any national currencies across the globe, these machines have gained significant traction over the past few years. Prominent growth factor fueling demand is the proliferation of these digital assets or currencies, across the globe and growing acceptance of these decentralized means of transactions

Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/979

High demand for digital currencies is expected to drive the cryptocurrency market growth

Cryptocurrencies are driven by several advantages over the conventional currencies such as the limited supply, growing number of investors, growing user confidence, growing mining complexity, and substantial support by the media. In October 2013, Robocoin machine was introduced as the world’s first publicly available bitcoin machine to improve the transaction ability. The machine witnessed 348 transactions, in its first eight days of installation with an average transaction value of USD 273. In its first installation, the (ROI) reported was less than a month.

Rising ROI Along With the Capability of the Two-Way Transactions are Expected to Fuel the Overall Industry Growth during the Forecast Period

Rapid increase in the number of ATMs every year has forced the ROI to set back, however, it is largely dependent on the location of deployment of the Bitcoin Automated Teller Machines (BTMs). According to Coherent Market Insights, on an average the most populated or urban areas have the highest number of transactions, that help in generating complete ROI within spans of less than a year, even if the number of visitors per day is around 1-2. According to Coherent Market Insights analysis, the average number of new installations are expected to increase past 14 per day by 2025 driving the volume growth at over 44.6% CAGR over the forecast period. Moreover, according to Coin ATM Radar, the total number of deployments reached to around 1730, as of October 27, 2017, due to high ROI and increasing popularity of the digital currencies. Also, Coin ATM Radar estimated 4.43 Bitcoin ATMs installations per day in the last seven days in October 2017.

The global cryptocurrency ATM market is estimated to be valued at US$ 13.99 million in 2017 and is expected to witness a CAGR at 45.8% during the forecast period (2017 – 2025).

Substantial increase in costs legal costs are expected to be the major hindrance in the cryptocurrency ATM market growth

Compliance to the existing distinct regulatory requirements from county to country, these are among the most underestimated expenses which also contribute to significant difficulty for the users in deployment. Basic level of registration and compliance requirements require an upfront amount of US$ 5,000 and the same amount annually to maintain the operations. For businesses running multiple machines, the cost include an upfront compliance requirements of over US$ 15,000 with around to US$ 10k to maintain the operations. Additional costs also include hiring a dedicated compliance officer, whose salary can be estimated in the range of US$ 50k to 100k annually. Moreover, there are bigger companies which have reported higher expenses for these compliances and maintenance of operations. Moreover, acceptance of the technology and regional government is expected to be among the prominent other factors that will continue to hinder the industry growth through the forecast period.

Request for Customization @ https://www.coherentmarketinsights.com/insight/request-customization/979

North America dominated the global cryptocurrency ATM market share by volume in 2016 accounting for 73.21% of the global industry in 2016

Due to high concentration of deployments in U.S. and North America, North America has remained the most dominating region in terms of both value and volume over the last few years, is expected to dominate the industry share through the forecast period. North America was followed by Europe, Asia Pacific, Latin America and Africa.

Top industry participants in the cryptocurrency ATM market in order of their volume share are Genesis Coin, General Bytes, Lamassu, Bit Access, Covault, BitXatm, BTC facil, Skyhook, and LocalBitcoins.

Cryptocurrency ATM Market In-Depth Analysis And Business Development Strategies Includes Top Players

Cryptocurrency ATMs are the easiest means to buy cryptocurrencies, which also support selling of the digital currencies. Owing to their capability to support multiple forms of cryptocurrencies and ability to support any national currencies across the globe, these machines have gained significant traction over the past few years. Prominent growth factor fueling demand is the proliferation of these digital assets or currencies, across the globe and growing acceptance of these decentralized means of transactions

Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/979

High demand for digital currencies is expected to drive the cryptocurrency market growth

Cryptocurrencies are driven by several advantages over the conventional currencies such as the limited supply, growing number of investors, growing user confidence, growing mining complexity, and substantial support by the media. In October 2013, Robocoin machine was introduced as the world’s first publicly available bitcoin machine to improve the transaction ability. The machine witnessed 348 transactions, in its first eight days of installation with an average transaction value of USD 273. In its first installation, the (ROI) reported was less than a month.

Rising ROI Along With the Capability of the Two-Way Transactions are Expected to Fuel the Overall Industry Growth during the Forecast Period

Rapid increase in the number of ATMs every year has forced the ROI to set back, however, it is largely dependent on the location of deployment of the Bitcoin Automated Teller Machines (BTMs). According to Coherent Market Insights, on an average the most populated or urban areas have the highest number of transactions, that help in generating complete ROI within spans of less than a year, even if the number of visitors per day is around 1-2. According to Coherent Market Insights analysis, the average number of new installations are expected to increase past 14 per day by 2025 driving the volume growth at over 44.6% CAGR over the forecast period. Moreover, according to Coin ATM Radar, the total number of deployments reached to around 1730, as of October 27, 2017, due to high ROI and increasing popularity of the digital currencies. Also, Coin ATM Radar estimated 4.43 Bitcoin ATMs installations per day in the last seven days in October 2017.

The global cryptocurrency ATM market is estimated to be valued at US$ 13.99 million in 2017 and is expected to witness a CAGR at 45.8% during the forecast period (2017 – 2025).

Substantial increase in costs legal costs are expected to be the major hindrance in the cryptocurrency ATM market growth

Compliance to the existing distinct regulatory requirements from county to country, these are among the most underestimated expenses which also contribute to significant difficulty for the users in deployment. Basic level of registration and compliance requirements require an upfront amount of US$ 5,000 and the same amount annually to maintain the operations. For businesses running multiple machines, the cost include an upfront compliance requirements of over US$ 15,000 with around to US$ 10k to maintain the operations. Additional costs also include hiring a dedicated compliance officer, whose salary can be estimated in the range of US$ 50k to 100k annually. Moreover, there are bigger companies which have reported higher expenses for these compliances and maintenance of operations. Moreover, acceptance of the technology and regional government is expected to be among the prominent other factors that will continue to hinder the industry growth through the forecast period.

Request for Customization @ https://www.coherentmarketinsights.com/insight/request-customization/979

North America dominated the global cryptocurrency ATM market share by volume in 2016 accounting for 73.21% of the global industry in 2016

Due to high concentration of deployments in U.S. and North America, North America has remained the most dominating region in terms of both value and volume over the last few years, is expected to dominate the industry share through the forecast period. North America was followed by Europe, Asia Pacific, Latin America and Africa.

Top industry participants in the cryptocurrency ATM market in order of their volume share are Genesis Coin, General Bytes, Lamassu, Bit Access, Covault, BitXatm, BTC facil, Skyhook, and LocalBitcoins.

Cryptocurrency ATM Market 2026 Growth Trends by Manufacturers, Regions, Type and Application, Forecast

Cryptocurrency ATMs are the easiest means to buy cryptocurrencies, which also support selling of the digital currencies. Owing to their capability to support multiple forms of cryptocurrencies and ability to support any national currencies across the globe, these machines have gained significant traction over the past few years. Prominent growth factor fueling demand is the proliferation of these digital assets or currencies, across the globe and growing acceptance of these decentralized means of transactions

Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/979

High demand for digital currencies is expected to drive the cryptocurrency market growth

Cryptocurrencies are driven by several advantages over the conventional currencies such as the limited supply, growing number of investors, growing user confidence, growing mining complexity, and substantial support by the media. In October 2013, Robocoin machine was introduced as the world’s first publicly available bitcoin machine to improve the transaction ability. The machine witnessed 348 transactions, in its first eight days of installation with an average transaction value of USD 273. In its first installation, the (ROI) reported was less than a month.

Rising ROI Along With the Capability of the Two-Way Transactions are Expected to Fuel the Overall Industry Growth during the Forecast Period

Rapid increase in the number of ATMs every year has forced the ROI to set back, however, it is largely dependent on the location of deployment of the Bitcoin Automated Teller Machines (BTMs). According to Coherent Market Insights, on an average the most populated or urban areas have the highest number of transactions, that help in generating complete ROI within spans of less than a year, even if the number of visitors per day is around 1-2. According to Coherent Market Insights analysis, the average number of new installations are expected to increase past 14 per day by 2025 driving the volume growth at over 44.6% CAGR over the forecast period. Moreover, according to Coin ATM Radar, the total number of deployments reached to around 1730, as of October 27, 2017, due to high ROI and increasing popularity of the digital currencies. Also, Coin ATM Radar estimated 4.43 Bitcoin ATMs installations per day in the last seven days in October 2017.

The global cryptocurrency ATM market is estimated to be valued at US$ 13.99 million in 2017 and is expected to witness a CAGR at 45.8% during the forecast period (2017 – 2025).

Substantial increase in costs legal costs are expected to be the major hindrance in the cryptocurrency ATM market growth

Compliance to the existing distinct regulatory requirements from county to country, these are among the most underestimated expenses which also contribute to significant difficulty for the users in deployment. Basic level of registration and compliance requirements require an upfront amount of US$ 5,000 and the same amount annually to maintain the operations. For businesses running multiple machines, the cost include an upfront compliance requirements of over US$ 15,000 with around to US$ 10k to maintain the operations. Additional costs also include hiring a dedicated compliance officer, whose salary can be estimated in the range of US$ 50k to 100k annually. Moreover, there are bigger companies which have reported higher expenses for these compliances and maintenance of operations. Moreover, acceptance of the technology and regional government is expected to be among the prominent other factors that will continue to hinder the industry growth through the forecast period.

Request for Customization @ https://www.coherentmarketinsights.com/insight/request-customization/979

North America dominated the global cryptocurrency ATM market share by volume in 2016 accounting for 73.21% of the global industry in 2016

Due to high concentration of deployments in U.S. and North America, North America has remained the most dominating region in terms of both value and volume over the last few years, is expected to dominate the industry share through the forecast period. North America was followed by Europe, Asia Pacific, Latin America and Africa.

Top industry participants in the cryptocurrency ATM market in order of their volume share are Genesis Coin, General Bytes, Lamassu, Bit Access, Covault, BitXatm, BTC facil, Skyhook, and LocalBitcoins.