Global Bitcoin ATM Market report provides all the recent trends and all the changes of industry. The readers will find this report very helpful in understanding the Bitcoin ATM market in depth. This analysis gives an examination of various segments that are relied upon to witness the quickest development amid the estimate forecast frame. The report contains complete analysis regarding type and applications, featuring the key business resources and key players. This Bitcoin ATM report categorizes the market based on manufacturers, regions, type and application. The Industry analysis report speaks about the manufacturing process, Type and Applications.
The Global Bitcoin ATM Market is expected to reach USD 147.9 million by 2025 from USD 7.1 million in 2017 and is projected to grow at a CAGR of 56.9% in the forecast period of 2018 to 2025.
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Well known players of Global Bitcoin ATM Market are
- GENERAL BYTES,
- Genesis Coin Inc.,
- Lamassu, Inc.,
- Covault, Bitaccess Inc.,
- BCASH GREECE INC,
- BTC fácil,
- Byte Federal, LLC,
- Shitcoins Club,
- CoinOutlet, Inc,
- Bitnovo brand.,
- Open Bitcoin ATM and others.
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Based on type, the market is segmented into
- One way and
- Two way
Based on automated teller machine hardware, the market is segmented into
- QR scanner
- Asia Pacific (China, South Korea, Japan, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific).
- North America (US, Canada, Mexico).
- Europe (Russia, Turkey, Belgium, Netherlands, Switzerland, Spain, France, Germany, Italy, UK, Rest of Europe.
- South America (Brazil, Argentina, Rest of South America).
- Middle East and Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa).
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The global bitcoin ATM market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of bitcoin ATM market for global, Europe, North America, Asia Pacific and South America. In 2017 Lamassu launched the bitcoin mats industry by creating the world’s first bitcoin ATM. bitcoin mats support Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Dash and Zcash It contain various coins sintra, sintra Forte, Douro II and others.
Market Drivers and Restraints:
- Increasing fund transfers in developing countries
- Fluctuating monetary regulations
- Increasing installations of bitcoin ATMs in restaurants, bars, general stores, and gas stations.
- Uncertain regulatory status of bitcoin currencies.
- Lack of awareness and technical understanding regarding bitcoin currency
- To perceive the most influencing pivoting and hindering forces in the bitcoin ATM Market and its footprint in the international market.
- Learn about the market policies that are being endorsed by ruling respective organizations.
- To gain a perceptive survey of the market and have an extensive interpretation of the bitcoin ATM Market and its materialistic landscape.
- To understand the structure of bitcoin ATM market by identifying its various subsegments.
- Focuses on the key global bitcoin ATM players, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of bitcoin ATM submarkets, with respect to key regions (along with their respective key countries).
- To strategically profile the key players and comprehensively analyze their growth strategies
- To analyze the bitcoin ATM with respect to individual growth trends, future prospects, and their contribution to the total market.
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