Crypto Automated Teller Machine (ATM) Market Overview, Analysis And Forecast 2024-2033

Global crypto automated teller machine (atm) market size is expected to reach $1.71 billion by 2028 at a rate of 32.7%, segmented as by type, one way, two way

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Crypto Automated Teller Machine (ATM) Market Overview, Analysis And Forecast 2024-2033

The Crypto Automated Teller Machine (ATM) Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Crypto Automated Teller Machine (ATM) Global Market Report 2024, The crypto automated teller machine (ATM) market size has grown exponentially in recent years. It will grow from $0.42 billion in 2023 to $0.55 billion in 2024 at a compound annual growth rate (CAGR) of 32.6%.  The growth in the historic period can be attributed to increased cryptocurrency adoption, a rising number of bitcoin transactions, regulatory developments, the expansion of ATM networks, increased awareness, and education.

The crypto automated teller machine (ATM) market size is expected to see exponential growth in the next few years. It will grow to $1.71 billion in 2028 at a compound annual growth rate (CAGR) of 32.7%.  The growth in the forecast period can be attributed to continued cryptocurrency adoption, expansion into emerging markets, regulatory support, increased institutional investment, strategic partnerships, and acquisitions. Major trends in the forecast period include enhanced user experience, integration with DeFi platforms, technological innovations, advances in blockchain technology, and enhanced security.

The growing cryptocurrency awareness is expected to propel the growth of the crypto automated teller machine (ATM) market going forward. Cryptocurrencies are digital or virtual assets that use cryptography for secure transactions and operate on decentralized networks, providing innovative financial solutions and investment opportunities. The growing awareness of cryptocurrencies is driven by increased media coverage of major coins such as Bitcoin and Ethereum, highlighting their price volatility and significant gains, along with their practical applications in industries such as finance, supply chain, and gaming, which demonstrate their real-world value and boost public interest. Crypto ATMs facilitate a convenient, secure, and accessible means for users to buy and sell digital assets quickly and easily. For instance, in January 2024, according to Security.org, a US-based company dedicated to providing free and open access to information and resources, cryptocurrency awareness and ownership increased, with 40% of American adults now holding digital assets, a growth from 30% in 2023, representing up to 93 million individuals. Therefore, growing cryptocurrency awareness will drive the development of the crypto-automated teller machine (ATM) market.

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The crypto automated teller machine (ATM) market covered in this report is segmented –
1) By Type: One Way, Two Way
2) By Offering: Hardware, Software
3) By Coin: Bitcoin, Litecoin, Ethereum, Dogecoin, Bitcoin Cash, Dash, Tether, Other Coins

Major companies operating in the crypto ATM market are focusing on improved user interfaces, such as ergonomic touchscreens, to enhance the customer experience by making transactions more intuitive and efficient. An ergonomic touchscreen in a crypto ATM is a user-friendly display designed to reduce strain and facilitate easier interaction, ensuring a more comfortable and efficient transaction experience. For instance, in February 2022, General Bytes, a US-based provider of Bitcoin and crypto ATM manufacturing and software solutions, launched an enhanced version of its popular BATMTwo ATM model, featuring a permanent upgrade from a 7-inch to a 10-inch touchscreen. This new ergonomic display offers ATM operators expanded branding opportunities with customizable screensavers and improved accessibility for vision-impaired users. The increased screen size also provides a wider viewing angle, ensuring optimal usability even in challenging lighting conditions.

The crypto automated teller machine (atm) market report table of contents includes:

1. Executive Summary
2. Crypto Automated Teller Machine (ATM) Market Characteristics
3. Crypto Automated Teller Machine (ATM) Market Trends And Strategies
4. Crypto Automated Teller Machine (ATM) Market - Macro Economic Scenario
5. Global Crypto Automated Teller Machine (ATM) Market Size and Growth

...

32. Global Crypto Automated Teller Machine (ATM) Market Competitive Benchmarking
33. Global Crypto Automated Teller Machine (ATM) Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Crypto Automated Teller Machine (ATM) Market
35. Crypto Automated Teller Machine (ATM) Market Future Outlook and Potential Analysis
36. Appendix

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