Crypto Currency ATM Market Synopsis

Crypto Currency ATM Market Size Was Valued at USD 183.2 Million in 2023, and is Projected to Reach USD 15,045.5 Million by 2032, Growing at a CAGR of 63.2% From 2024-2032.

The Cryptocurrency ATM Market is the industry that comprises the aforesaid machines known as ATMs, but which are designed for the purpose of carrying out transactions in Cryptocurrency. Those ATMs allow one to purchase and sell bitcoins and other important digital currencies using cash or debit/credit card. While the conventional ATMs are used with fiat money, cryptocurrency ATMs are linked with blockchains to enable individuals to get or sell their cryptocurrencies and fiat money. This new cryptocurrency technology is changing the interface between people and the coins through a user-friendly approach as well as secure and efficient transaction process.

•  The Cryptocurrency ATM market has demonstrated massive expansion within the past few years as more people tend to accept cryptocurrencies as legal tender to purchase goods and services as well as legal forms of investment. As cryptocurrencies become more popular, individuals seek efficient ways to purchase and operate with these monetary instruments. Cryptocurrencies traders are now bypassing with Crypto ATMs where they are easily able to convert their local cash to cryptocurrency instead of going through the rigmarole of dealing with online exchanges. The market has shown an upward trend in 2023 as far as ATM installations is concerned and the areas of investment are cities and busy commercial centers. This is supported by increase in technology which enables the transaction to be sped up and increase in securities to accommodate the increasing users of this form of monetary transfer.
•  In addition, regulatory changes are also affecting the market of the cryptocurrency ATM.. Different countries are trying to set the legal requirements of conducting business through cryptocurrencies, which may also increase the reliability of cryptocurrency ATMs. Such regulations can further enhance confidence among these clients hence enhancing the usage of the related systems. Moreover, there is growing cooperation between cryptocurrency ATM producers and financiers that determine the future expansion of production and use of such terminals in financial systems. Therefore, the market should persist to grow in the near future with innovations or collaborations taking central stage.

Crypto Currency ATM Market Trend Analysis

Increasing Adoption of Cryptocurrency ATMs

•  Another rapidly growing segment of Cryptocurrency ATM Market is its use in various businesses and organizations as their payment methods.. Merchants and other services that offer their products or services depend on the selling of cryptocurrencies; these are placing their machines that allow clients to purchase digital currencies on premise. This trend is fueled by an increasing population of cryptocurriencies users and investors who want to spend their digital money. With the help of adopting cryptocurrency ATMs as some part of their activity, firms can find new clients and satisfy the needs of the existing ones in order to enhance the level of sales and customer identification. In addition, this trend also means that more companies will consider accepting Bitcoins and other cryptocurrencies as a normal business practice seeking to improve the flexibility of the existing payment methods and expand the use of cryptocurrencies in the retail sector.

Expanding into Emerging Markets

•  The Cryptocurrency ATM Market therefore holds a great potential especially in the developing world where people have limited access to the conventional banking services.. The adoption of cryptocurrency is progressively growing in many developing nations as people look for effective means of transacting other than using the country’s volatile currency and ineffective banking solutions. Cryptocurrency ATMs should be deployed in these places so that companies can access the huge customer base that seeks efficient and safe ways of purchasing the coins.
• Further, the increasing adoption of blockchain solutions together with decentralized finance (DeFi) in developing countries could also increase the market for cryptocurrency ATMs.. In case they correctly choose their niche, they can successfully target these markets given the current relatively higher trends in the financial inclusion programs and the call for the development of more diverse financial products and services.

Crypto Currency ATM Market Segment Analysis:

Crypto Currency ATM Market Segmented on the basis of type, Coin Type and Application.

By Type, One Way segment is expected to dominate the market during the forecast period

•  The One-Way segment of the Cryptocurrency ATM Market is expected to remain in the leading position throughout the forecast period due to its simplicity of use, and the fact necessitating the customers to buy cryptocurrencies with cash or debit/credit card but not sell.. It has a simplistic user interface that attracts beginner clients and occasional investors, who are willing to invest in cryptocurrencies without much interference with the primary technologies. Due to the growing adoption of digital assets the demand for fast and easy ways to purchase new cryptocurrencies is only growing, and One-Way ATMs fit this description perfectly.
•  Further, the number of these target spaces is growing due to the extended number of retail locations and areas with high human traffic where One-Way ATMs can be placed.. Given the continuous development of technology and increasing popularity of cryptocurrencies and given the necessity of new type of services among the clients and continuous changes among the businesses, there are grounds to consider the One-Way segment as capable of taking the considerable market share.

By Coin Type, Bitcoin segment expected to held the largest share

•  The Bitcoin segment is predicted to have the largest market share in the Cryptocurrency ATM Market owing to the first mover advantage that Bitcoin enjoys.. The digital currency spearheaded by Bitcoin is, therefore, one that is of public interest, and widely adopted in different fields. The growing number of merchants who accept Bitcoin as a payment method also creates higher demand at cryptocurrency ATMs.
•  Furthermore, with a constantly increasing amount of users interested in buying Bitcoin, these ATMs allows them to do so via cash or any other way via multiple payment options.. This trend is further compounded by the continued education campaigns that are being made to ensure that people get to understand what bitcoin is and then proceed to use the ATMs. As a consequence, the Bitcoin segment receives significant growth that creates the impression that it will take a leading overall market share among users who practice the trading of cryptocurrency through ATMs.

Crypto Currency ATM Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

•  According to the estimates made by the experts in the Cryptocurrency ATM Market, in 2023 North America occupies the leading positions as the volume of shares of this market is about 70%.. Currently, there remains high popularity in using the digital currencies and therefore many nations including the United States has witnessed rapid growth in the number of cryptocurrency ATMs. Today, you can find numerous crypto-ATMs across different locations where people are interested in such services, including the three big American cities: Los Angeles, Chicago, New York. The players and the demographics of the North American population are smart, which put North America in the vanguard of the cryptocurrency ATM industry. Also, cooperation between ATM manufacturers and retailers has expanded more so increasing the market penetration and further strengthening the region’s leadership in this industry.

Active Key Players in the Crypto Currency ATM Market

• Anycoin (Netherlands)
• Bitaccess (Canada)
• Bitstop (USA)
• BTM (USA)
• Cei Business Group (USA)
• Coinme (USA)
• Coinsource (USA)
• CryptoAtm (USA)
• General Bytes (Czech Republic)
• Genesis Coin (USA)
• Holo ATM (USA)
• Lamassu (Switzerland)
• ProCoin (USA)
• Robocoin (USA)
• Satoshi1 (USA), Other key Players

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Crypto Currency ATM Market by Type
 4.1 Crypto Currency ATM Market Snapshot and Growth Engine
 4.2 Crypto Currency ATM Market Overview
 4.3 One Way
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 One Way: Geographic Segmentation Analysis
 4.4 Two Way
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Two Way: Geographic Segmentation Analysis

Chapter 5: Crypto Currency ATM Market by Coin Type
 5.1 Crypto Currency ATM Market Snapshot and Growth Engine
 5.2 Crypto Currency ATM Market Overview
 5.3 Bitcoin
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Bitcoin: Geographic Segmentation Analysis
 5.4 Dogecoin
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Dogecoin: Geographic Segmentation Analysis
 5.5 Ethereum
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Ethereum: Geographic Segmentation Analysis
 5.6 Litecoin
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Litecoin: Geographic Segmentation Analysis
 5.7 Others
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Others: Geographic Segmentation Analysis

Chapter 6: Crypto Currency ATM Market by Application
 6.1 Crypto Currency ATM Market Snapshot and Growth Engine
 6.2 Crypto Currency ATM Market Overview
 6.3 Commercial Spaces
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Commercial Spaces: Geographic Segmentation Analysis
 6.4 Restaurants & Other Hospitality Spaces
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Restaurants & Other Hospitality Spaces: Geographic Segmentation Analysis
 6.5 Transportation Hubs
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Transportation Hubs: Geographic Segmentation Analysis
 6.6 Standalone Units
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Standalone Units: Geographic Segmentation Analysis
 6.7 Others
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Others: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Crypto Currency ATM Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions
  
 7.2 ANYCOIN (NETHERLANDS)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 BITACCESS (CANADA)
 7.4 BITSTOP (USA)
 7.5 BTM (USA)
 7.6 CEI BUSINESS GROUP (USA)
 7.7 COINME (USA)
 7.8 COINSOURCE (USA)
 7.9 CRYPTOATM (USA)
 7.10 GENERAL BYTES (CZECH REPUBLIC)
 7.11 GENESIS COIN (USA)
 7.12 HOLO ATM (USA)
 7.13 LAMASSU (SWITZERLAND)
 7.14 PROCOIN (USA)
 7.15 ROBOCOIN (USA)
 7.16 SATOSHI1 (USA)

Chapter 8: Global Crypto Currency ATM Market By Region
 8.1 Overview
 8.2. North America Crypto Currency ATM Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Type
  8.2.4.1 One Way
  8.2.4.2 Two Way
  8.2.5 Historic and Forecasted Market Size By Coin Type
  8.2.5.1 Bitcoin
  8.2.5.2 Dogecoin
  8.2.5.3 Ethereum
  8.2.5.4 Litecoin
  8.2.5.5 Others
  8.2.6 Historic and Forecasted Market Size By Application
  8.2.6.1 Commercial Spaces
  8.2.6.2 Restaurants & Other Hospitality Spaces
  8.2.6.3 Transportation Hubs
  8.2.6.4 Standalone Units
  8.2.6.5 Others
  8.2.7 Historic and Forecast Market Size by Country
  8.2.7.1 US
  8.2.7.2 Canada
  8.2.7.3 Mexico
 8.3. Eastern Europe Crypto Currency ATM Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Type
  8.3.4.1 One Way
  8.3.4.2 Two Way
  8.3.5 Historic and Forecasted Market Size By Coin Type
  8.3.5.1 Bitcoin
  8.3.5.2 Dogecoin
  8.3.5.3 Ethereum
  8.3.5.4 Litecoin
  8.3.5.5 Others
  8.3.6 Historic and Forecasted Market Size By Application
  8.3.6.1 Commercial Spaces
  8.3.6.2 Restaurants & Other Hospitality Spaces
  8.3.6.3 Transportation Hubs
  8.3.6.4 Standalone Units
  8.3.6.5 Others
  8.3.7 Historic and Forecast Market Size by Country
  8.3.7.1 Bulgaria
  8.3.7.2 The Czech Republic
  8.3.7.3 Hungary
  8.3.7.4 Poland
  8.3.7.5 Romania
  8.3.7.6 Rest of Eastern Europe
 8.4. Western Europe Crypto Currency ATM Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Type
  8.4.4.1 One Way
  8.4.4.2 Two Way
  8.4.5 Historic and Forecasted Market Size By Coin Type
  8.4.5.1 Bitcoin
  8.4.5.2 Dogecoin
  8.4.5.3 Ethereum
  8.4.5.4 Litecoin
  8.4.5.5 Others
  8.4.6 Historic and Forecasted Market Size By Application
  8.4.6.1 Commercial Spaces
  8.4.6.2 Restaurants & Other Hospitality Spaces
  8.4.6.3 Transportation Hubs
  8.4.6.4 Standalone Units
  8.4.6.5 Others
  8.4.7 Historic and Forecast Market Size by Country
  8.4.7.1 Germany
  8.4.7.2 UK
  8.4.7.3 France
  8.4.7.4 Netherlands
  8.4.7.5 Italy
  8.4.7.6 Russia
  8.4.7.7 Spain
  8.4.7.8 Rest of Western Europe
 8.5. Asia Pacific Crypto Currency ATM Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Type
  8.5.4.1 One Way
  8.5.4.2 Two Way
  8.5.5 Historic and Forecasted Market Size By Coin Type
  8.5.5.1 Bitcoin
  8.5.5.2 Dogecoin
  8.5.5.3 Ethereum
  8.5.5.4 Litecoin
  8.5.5.5 Others
  8.5.6 Historic and Forecasted Market Size By Application
  8.5.6.1 Commercial Spaces
  8.5.6.2 Restaurants & Other Hospitality Spaces
  8.5.6.3 Transportation Hubs
  8.5.6.4 Standalone Units
  8.5.6.5 Others
  8.5.7 Historic and Forecast Market Size by Country
  8.5.7.1 China
  8.5.7.2 India
  8.5.7.3 Japan
  8.5.7.4 South Korea
  8.5.7.5 Malaysia
  8.5.7.6 Thailand
  8.5.7.7 Vietnam
  8.5.7.8 The Philippines
  8.5.7.9 Australia
  8.5.7.10 New Zealand
  8.5.7.11 Rest of APAC
 8.6. Middle East & Africa Crypto Currency ATM Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Type
  8.6.4.1 One Way
  8.6.4.2 Two Way
  8.6.5 Historic and Forecasted Market Size By Coin Type
  8.6.5.1 Bitcoin
  8.6.5.2 Dogecoin
  8.6.5.3 Ethereum
  8.6.5.4 Litecoin
  8.6.5.5 Others
  8.6.6 Historic and Forecasted Market Size By Application
  8.6.6.1 Commercial Spaces
  8.6.6.2 Restaurants & Other Hospitality Spaces
  8.6.6.3 Transportation Hubs
  8.6.6.4 Standalone Units
  8.6.6.5 Others
  8.6.7 Historic and Forecast Market Size by Country
  8.6.7.1 Turkey
  8.6.7.2 Bahrain
  8.6.7.3 Kuwait
  8.6.7.4 Saudi Arabia
  8.6.7.5 Qatar
  8.6.7.6 UAE
  8.6.7.7 Israel
  8.6.7.8 South Africa
 8.7. South America Crypto Currency ATM Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Type
  8.7.4.1 One Way
  8.7.4.2 Two Way
  8.7.5 Historic and Forecasted Market Size By Coin Type
  8.7.5.1 Bitcoin
  8.7.5.2 Dogecoin
  8.7.5.3 Ethereum
  8.7.5.4 Litecoin
  8.7.5.5 Others
  8.7.6 Historic and Forecasted Market Size By Application
  8.7.6.1 Commercial Spaces
  8.7.6.2 Restaurants & Other Hospitality Spaces
  8.7.6.3 Transportation Hubs
  8.7.6.4 Standalone Units
  8.7.6.5 Others
  8.7.7 Historic and Forecast Market Size by Country
  8.7.7.1 Brazil
  8.7.7.2 Argentina
  8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research