Global Bitcoin ATM Market By Overview
Bitcoin is a form of decentralized digital currencythat is used and distributed electronically, which allows performance of transactions without the need for a central bank. Bitcoin depends on cryptographic software protocols, in order to generate the currency and validate transactions. Bitcoins can be used to purchase goods and services from vendors who accept them as a mode of payment and can be transferred among people using mobile apps on smart phones or computers. Bitcoin ATM is similar to the traditional ATM that dispenses currencies and converts bitcoin into fiat currencies such as USD, EUR, and INR etc.
Increasing awareness and adoption of cryptocurrencies owing to the increasing digitalization are the factors that are expected to drive the growth of global bitcoin ATM market. Further, increasing disposable income levels, growing interest of investors and regulated policies for bitcoin usage fosters the growth of the global bitcoin ATM market. Moreover, advancements in technology permitting financial transactions over wireless devices and government initiatives of investment in developed countries also drive the growth of global bitcoin ATM market. However, security threats, online frauds, connectivity, and operational issues hamper the growth of global bitcoin ATM market. In addition, lack of awareness and technical understanding of crypto currencies among people, maintainence of record of all bitcoin purchase restrains the growth of global bitcoin ATM market.
Global bitcoin ATM market has been segmented on the basis of type, ATM hardware, application and region. On the basis of type, the global bitcoin ATM market is segmented into one way and two ways. On the basis of ATM hardware, the global bitcoin ATM market is segmented into printer, display, QR scanner and others. On the basis of application, the global bitcoin ATM market is segmented into transaction and depository.
On the basis of region, the global bitcoin ATM market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
North America holds the maximum share in the growth of global bitcoin ATM market owing to presence of a large number of players offering hardware and software components of bitcoin ATM. Europe is expected to hold significant shares in the growth of global bitcoin ATM market attributed to high adoption of bitcoin by variety of businesses such as cafes, co-working spaces, and cinemas. Moreover, the markets in Asia Pacific, Middle East & Africa are expected to grow significantly in the global bitcoin ATM market over the forecast period.
Key players operating in the global bitcoin ATM market includes NXBTC Bitcoin Exchange, Express coin, Coin base Inc., Bitcoin.com , BuyUcoin, Satoshi Citadel Industries, Digital Asset Holdings, Gemini Trust Company LLC, General Bytes, Search Trade and Shape Shift.
Global Bitcoin ATM Market By Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By ATM Hardware
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Bitcoin ATM Market, By Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- One Way
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Two Way
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Bitcoin ATM Market, By ATM Hardware, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Printer
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Display
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- QR Scanner
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Bitcoin ATM Market, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Transaction
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Depository
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Bitcoin ATM Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By ATM Hardware, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By ATM Hardware, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By ATM Hardware, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By ATM Hardware, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By ATM Hardware, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- NXBTC Bitcoin Exchange
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Express coin
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Coin base Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bitcoin.com
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BuyUcoin
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Satoshi Citadel Industries
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Digital Asset Holdings
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Gemini Trust Company LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- General Bytes
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Search Trade
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Shape Shift
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Bitcoin ATM Market is segmented into type, ATM hardware, application and region.
Factors include the growing adoption of cryptocurrencies, demand for decentralized financial services, and the expansion of Bitcoin infrastructure, driving global growth in the Bitcoin ATM market.
Challenges include regulatory uncertainties, potential security concerns, and limited acceptance in certain regions, posing restraints on the global market.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating the target market includes, NXBTC Bitcoin Exchange, Express coin, Coin base Inc., Bitcoin.com, BuyUcoin, Satoshi Citadel Industries, Digital Asset Holdings, Gemini Trust Company LLC, General Bytes, Search Trade and Shape Shift.