Global Crypto Currency ATM Market is expected to reach US$ XX Million by 2026 at a CAGR of XX % during the forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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 Cryptocurrency ATM market.
However, Uncertain regulatory of cryptocurrencies and lack of knowledge and technical understanding regarding cryptocurrencies for crypto ATM manufacturers and operators are the restraints of the Cryptocurrency ATM market. Major Key players accept digital payment and the number of fund transfers in cryptocurrencies because of the increase in demand for automated teller machines.
With the segment by type, Cryptocurrency 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 the Cryptocurrency ATM market owing to multifunctional features of two way crypto ATM. A 2-way crypto ATM offers services such as users can buy cryptocurrencies and cell them using a single machine.