According to IMARC Group’s latest report titled “United States Crypto-Automatic Machines Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which includes insights in the crypto-automata market in the United States. The report also includes competitor and regional analysis, as well as contemporary market advancements. The US crypto ATM market is expected to grow at a CAGR of 57.30% during the period 2022-2027.
Cryptocurrency ATM is an internet-based kiosk that uses blockchain technology to allow individuals to convert cash or credit into cryptocurrencies. These machines offer easy access to money across international borders, as well as excellent speed without requiring bank details. Usually consisting of a display screen, an ATM printer, software and a QR scanner, they automatically generate QR code receipts for each transaction. These ATMs are widely located in restaurants, malls, and transportation hubs.
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As the novel coronavirus (COVID-19) crisis engulfs the world, we are continuously monitoring changes in markets, as well as consumer buying behaviors around the world and our estimates on the latest market trends and forecasts are made after taking into account the impact of this pandemic.
The market is mainly driven by the growing awareness of the benefits of cryptocurrency. This can be attributed to the growing adoption of digital currency as a substitute for cash. Moreover, the implementation of several initiatives legalizing the use of cryptocurrencies undertaken by the US government is giving impetus to the growth of the market. Other factors, such as rapid digitization, continuous technological advancements in security systems, and the advent of cryptocurrency accounting packages are further contributing to the market.
View full report with table of contents and list of figures: https://www.imarcgroup.com/united-states-crypto-atm-market
US Crypto ATM Market Segmentation:
Our report has categorized the market based on region, type, supply, part type, and application.
Breakdown by type:
• One way
Break up by offering:
Breakdown by room type:
Breakdown by application
• Commercial spaces
• Restaurants and other reception areas
• Transport hubs
• Stand-alone units
Breakdown by region:
Main 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
• Complete mapping of the competitive landscape
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