Cryptocurrency ATM Market: Driver
The increasing number of installations is driving the crypto automated teller machine (ATM) market growth. Vendors are investing significantly in R&D to develop innovative products and technologies. They are also launching affordable cryptocurrency ATMs to expand their foothold. For instance, in May 2021, Bitcoin Depot announced the launch of over 350 new cryptocurrency ATMs opening across the US. Thus, the increasing installation number of new cryptocurrency ATMs will drive the crypto automated teller machine (ATM) market growth during the forecast period.
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Cryptocurrency ATM Market: Segmentation by Type
Based on the segmentation by type, the market has been segmented into one way and two way. The one-way segment will have significant market share growth during the forecast period. The growth of this segment is attributed to the fact that A one-way cryptocurrency ATM is more affordable compared to a two-way cryptocurrency ATM. A one-way cryptocurrency ATM allows users to buy or sell cryptocurrency. These ATMs are the safest ways to buy, send, or sell cryptocurrency.
Cryptocurrency ATM Market: Segmentation by Geography
Based on segmentation by geography, the market has been segmented into North America, Europe, APAC, the Middle East and Africa, and South America. North America will have the highest market share growth during the forecast period. The rising investments by vendors to expand their operations will drive the growth of the cryptocurrency ATM market in North America during the forecast period. Market growth in this region will be faster than the growth of the market in Europe and South America. The US, Canada, China, Japan, Germany, and France are the key countries for the cryptocurrency ATM market in North America.
Cryptocurrency ATM Market: Major Vendors
The cryptocurrency ATM market report provides information on several market vendors, including ATM OPS LLC, Bitaccess Inc., Cash Cloud Inc., ChainBytes LLC, Clark, Sharp, and Reynolds LLC, Coinme Inc., Express Systems USA Inc., General Bytes SRO, Genesis Coin Inc., GFT Technologies SE, Kurant GmbH, Lamassu Industries AG, Lux Vending LLC, ORDERBOB, RockItCoin LLC, and RusBit Ltd. among others.
The cryptocurrency ATM market is concentrated, and the vendors are deploying organic and inorganic growth strategies to compete in the market. It includes a few international players and a considerable number of small-scale participants regionally. However, due to the fluctuating prices of cryptocurrencies, various enterprises are closing their operations as it is becoming difficult to operate in a profitable way. As a result, vendors are reducing the prices of their cryptocurrency ATMs to increase the adoption of the same. At the same time, the reduced prices of cryptocurrency ATMs can affect the revenue of the vendors in the market.
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Cryptocurrency ATM Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 53.09% |
Market growth 2022-2026 |
USD 2.37 billion |
Market structure |
Concentrated |
YoY growth (%) |
40.05 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 43% |
Key consumer countries |
US, Canada, China, Japan, Germany, and France |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
ATM OPS LLC, Bitaccess Inc., Cash Cloud Inc., ChainBytes LLC, Clark, Sharp, and Reynolds LLC, Coinme Inc., Express Systems USA Inc., General Bytes SRO, Genesis Coin Inc., GFT Technologies SE, Kurant GmbH, Lamassu Industries AG, Lux Vending LLC, ORDERBOB, RockItCoin LLC, and RusBit Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 One way - Market size and forecast 2021-2026
- Exhibit 28: Chart on One way - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on One way - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on One way - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on One way - Year-over-year growth 2021-2026 (%)
- 5.4 Two way - Market size and forecast 2021-2026
- Exhibit 32: Chart on Two way - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Two way - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Two way - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Two way - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Type
- Exhibit 36: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Japan - Market size and forecast 2021-2026
- Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.11 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.12 Canada - Market size and forecast 2021-2026
- Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.13 France - Market size and forecast 2021-2026
- Exhibit 82: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.14 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 Bitaccess Inc.
- Exhibit 93: Bitaccess Inc. - Overview
- Exhibit 94: Bitaccess Inc. - Product / Service
- Exhibit 95: Bitaccess Inc. - Key offerings
- 10.4 Clark, Sharp, and Reynolds LLC
- Exhibit 96: Clark, Sharp, and Reynolds LLC - Overview
- Exhibit 97: Clark, Sharp, and Reynolds LLC - Product / Service
- Exhibit 98: Clark, Sharp, and Reynolds LLC - Key offerings
- 10.5 Coinme Inc.
- Exhibit 99: Coinme Inc. - Overview
- Exhibit 100: Coinme Inc. - Product / Service
- Exhibit 101: Coinme Inc. - Key offerings
- 10.6 Express Systems USA Inc.
- Exhibit 102: Express Systems USA Inc. - Overview
- Exhibit 103: Express Systems USA Inc. - Product / Service
- Exhibit 104: Express Systems USA Inc. - Key offerings
- 10.7 General Bytes SRO
- Exhibit 105: General Bytes SRO - Overview
- Exhibit 106: General Bytes SRO - Product / Service
- Exhibit 107: General Bytes SRO - Key offerings
- 10.8 Genesis Coin Inc.
- Exhibit 108: Genesis Coin Inc. - Overview
- Exhibit 109: Genesis Coin Inc. - Product / Service
- Exhibit 110: Genesis Coin Inc. - Key offerings
- 10.9 GFT Technologies SE
- Exhibit 111: GFT Technologies SE - Overview
- Exhibit 112: GFT Technologies SE - Business segments
- Exhibit 113: GFT Technologies SE - Key offerings
- Exhibit 114: GFT Technologies SE - Segment focus
- 10.10 Lamassu Industries AG
- Exhibit 115: Lamassu Industries AG - Overview
- Exhibit 116: Lamassu Industries AG - Product / Service
- Exhibit 117: Lamassu Industries AG - Key offerings
- 10.11 Lux Vending LLC
- Exhibit 118: Lux Vending LLC - Overview
- Exhibit 119: Lux Vending LLC - Product / Service
- Exhibit 120: Lux Vending LLC - Key offerings
- 10.12 RusBit Ltd.
- Exhibit 121: RusBit Ltd. - Overview
- Exhibit 122: RusBit Ltd. - Product / Service
- Exhibit 123: RusBit Ltd. - Key offerings
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 124: Inclusions checklist
- Exhibit 125: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 126: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 127: Research methodology
- Exhibit 128: Validation techniques employed for market sizing
- Exhibit 129: Information sources
- 11.5 List of abbreviations
- Exhibit 130: List of abbreviations
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