Global Crypto Currency ATM Market

Global Crypto Currency ATM Market is expected to reach US$ 144.1 Million by 2026 at a CAGR of 54.5% during the forecast period. Crypto ATM machines provide cryptocurrencies to the Crypto ATM user. Growing fund transfers in emerging countries, instable financial regulations and increasing installations of crypto ATMs in restaurants, bars, general stores, and gas stations are the factors driving the growth of the Crypto currency ATM market. Uncertain regulatory of crypto currencies and lack of knowledge and technical understanding regarding crypto currencies for crypto ATM manufacturers and operators are the restraints of Crypto currency ATM market. Major Key players accept digital payment and the number of fund transfers in crypto currencies owing to increase in demand for automated teller machines.

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Global Crypto currency ATM market is segmented by type, ATM hardware and region. With the segment by type Crypto currency ATM market is divided into one way and two way. Increase in demand of two way crypto ATM is expected to witness high growth in Crypto currency ATM market owing to multifunctional features of two way crypto ATM. A 2-way crypto ATM offers services such as user can buy crypto currencies and cell them using single machine. Global Crypto currency ATM market with ATM hardware is segmented into Display, Printer and QR Scanner. The Display segment is expected to witness high grow in Crypto currency ATM market during forecast period owing to display segment saves the extra cost for hardware such as keyboard. Display provides the user-friendly environment for Crypto Currency ATM user. Followed by display segment, Crypto currency ATM market for printer segment is estimated to grow Crypto currency ATM market owing to its functionality, which provide private key on printed receipt. ATM printer is output component of Crypto ATM. Based on the region, North America is expected to grow market during forecast year owing to the presence of large number of hardware and software service providers. Government of Mexico declared Bitcoin Crypto currency is legal. GENERAL BYTES, Genesis Coin, Lamassu, COVAULT, Bitaccess, Coinme, Coinsource, Bitxatm, Orderbob, and RUSbit are some of the major key players in the Crypto currency ATM market. There are 3,641 crypto ATMs in the world which provides crypto currencies.

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