DUBLIN–(BUSINESS WIRE)–The report “Global Crypto ATM Market (2022-2027) by Type, Supply, Competitive Analysis and Impact of Covid-19 with Ansoff Analysis” has been added ResearchAndMarkets.com’s Offering.
The global crypto ATM market is estimated to be USD 46.45 million in 2022 and is projected to reach USD 472.18 million by 2027, growing at a CAGR of 59.01%.
Market dynamics are forces that influence the prices and behavior of Global Crypto ATM Market stakeholders. These forces create price signals that result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics can be related to macroeconomic and microeconomic factors. There are other dynamic market forces than price, demand and supply. Human emotions can also drive decisions, influence the market and create price signals.
As market dynamics affect the supply and demand curves, policymakers aim to find the best way to use different financial tools to hedge different strategies to accelerate growth and reduce risk.
Competitive quadrant
The report includes the Competitive Quadrant, a proprietary tool for analyzing and evaluating the position of companies based on their industry position and market performance scores. The tool uses various factors to categorize the players into four categories. Some of these factors considered for analysis are financial results in the last 3 years, growth strategies, innovation scores, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis of the global crypto ATM market. The Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to design strategies for company growth. The matrix can be used to evaluate approaches in four strategies, viz. Market development, market penetration, product development and diversification. The matrix is also used for risk analysis to understand the risk associated with each approach.
The analyst analyzes the global crypto ATM market using the Ansoff matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and the industry players, the analyst has developed appropriate strategies for market growth.
Why buy this report?
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The report offers a comprehensive evaluation of the global crypto ATM market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and market size estimates. The estimates are calculated using proven research methodologies.
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The report has been prepared through extensive primary and secondary research. The primary research is done through interviews, surveys and observations by recognized personnel in the industry.
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The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff matrix. In addition, the effect of Covid-19 on the market is also discussed in the report.
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The report also includes the regulatory scenario in the industry, which will help you make an informed decision. The report discusses major regulatory bodies and key rules and regulations imposed on this sector across different geographies.
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The report also includes the competitive analysis using Positioning Quadrants, the analyst’s proprietary competitive positioning tool.
Market dynamics
Drivers
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Increasing remittances in developing countries
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Fluctuating monetary regulations
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Increasing installations of crypto-ATMs in restaurants, bars, grocery stores and gas stations
Limitations
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Uncertain regulatory status of cryptocurrencies
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Lack of awareness and technical understanding regarding cryptocurrency
Possibilities
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Significant growth opportunities in developed markets
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Cryptocurrency acceptance across industries
Challenges
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Security and privacy concerns
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Technical challenges related to scalability
Market segmentations
The global crypto ATM market is segmented based on type, offering, and geography.
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By type, the market is classified into One Way and Two Way.
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By offering, the market is classified into hardware and software.
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By geography, the market is classified into the Americas, Europe, the Middle East and Africa, and Asia Pacific.
Companies mentioned
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Bcash Greece Inc
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Bitaccess Inc
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Bitcoin Depot
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Bit stop
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Bitxatm
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BTCPoint
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Cash Cloud Inc
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Coin ATM
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Radar Coinme Inc
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Coinsource
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Covault LLC
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General bytes
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Genesis Coin Inc
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GPD Holdings LLC
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KUNA (crypto machine)
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Kurant GmbH
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Lamassu Industries AG
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Order bob
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RockitCoin
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Rusbit
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Tembusu
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