Global Bitcoin ATM Market, By Type (One Way and Two Way), Automated Teller Machine Hardware (Display, Printer and QR Scanner), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Bitcoin ATM market is valued at USD 7.1 million in 2017 and is expected to reach USD 642 million at a CAGR of 56.9% in the forecast period of 2020 to 2027. Data Bridge Market Research report on bitcoin ATM market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The bitcoins are not paper like money instead they are created and held electronically in computers for use and hence they are called as cryptocurrency or virtual currency. As this is the virtual currency, the rise in digitisation in the developing countries will be the driving factor for the growth of the bitcoin ATM market.
The ATM companies are installing bitcoin ATMs in restaurants, bars, general stores and gas stations which is also an opportunity as well as driving factor for the bitcoin ATM market. The international monetary conditions and the fluctuations in the regulations will be the most important driving factor for the bitcoin ATM market. As bitcoin is a virtual currency also called cryptocurrency there is lack of awareness and technical understanding about the bitcoin and hence this will be the restraining factor for the bitcoin ATM market.
This bitcoin ATM market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research bitcoin ATM market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bitcoin ATM Market Scope and Market Size
Bitcoin ATM market is segmented on the basis of type and automated teller machine hardware. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Bitcoin ATM market on the basis of type has been segmented as one way and two way.
- Based on automated teller machine hardware, bitcoin ATM market has been segmented into display, printers and QR scannes.
Bitcoin ATM Market Country Level Analysis
Bitcoin ATM market is analysed and market size, volume information is provided by country, type and automated teller machine hardware as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bitcoin ATM Market Share Analysis
Bitcoin ATM market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bitcoin ATM market.
The major players covered in the bitcoin ATM market report are GENERAL BYTES, Genesis Coin, Lamassu, COVAULT, Bitaccess, Coinme, Coinsource, Bitxatm, Orderbob, RUSbit, Mainstreet Automaten GmbH, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Bitcoin ATM Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.