According to IMARC Group latest report titled “United States Crypto ATM Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on crypto ATM market share in United States. The report also includes competitor and regional analysis, and contemporary advancements in the market. The United States crypto ATM market is expected to exhibit a CAGR of 57.30% during 2022-2027.
Cryptocurrency ATM is an internet-based kiosk that uses blockchain technology for enabling individuals to convert cash or credit into cryptocurrencies. These machines provide easy access to money across international borders, along with excellent speed without requiring bank details. Generally consisting of a display screen, ATM printer, software, and QR scanner, they auto-generate QR code receipts for every transaction. These ATMs are widely located in restaurants, shopping malls, and transportation hubs.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The market is primarily driven by the rising awareness regarding the benefits of cryptocurrency. This can be attributed to the rapidly growing adoption of digital currency as a substitute for cash. Also, the implementation of several initiatives legalizing the use of cryptocurrencies undertaken by the US government is providing an impetus for the market growth. Other factors, such as rapid digitization, continual technological advancements in security systems, and the advent of cryptocurrency accounting packages, are further contributing to the market.
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United States Crypto ATM Market Segmentation:
Our report has categorized the market based on region, type, offering, coin type and application.
Breakup By Type:
- One Way
- Two Way
Breakup By Offering:
- Hardware
- Software
Breakup By Coin Type:
- Bitcoin
- Dogecoin
- Ethereum
- Litecoin
- Others
Breakup By Application
- Commercial Spaces
- Restaurants and Other Hospitality Spaces
- Transportation Hubs
- Standalone Units
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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