Crypto ATM Market Value to Hit $472Ml by 2027?

One thing these reports don’t seem to take into consideration is the fact Bitcoin could explode and mass adoption could begin at any moment – saying that, I do think 5 years is a long time, much longer than it will take in actuality to hit that number but hey, I’ve been wrong many a time before

Crypto ATM market value to hit $472 million by 2027 per new data

“The global cryptocurrency ATM market is projected to grow at a rapid rate over the next five years, as market research predicts the space to be worth half a billion dollars by 2027.

Research and Markets published a new report, which estimates a compound annual growth rate of 59% for the industry from 2022 to 2027. It currently values the crypto ATM market at $46.4 million and expects this value to increase to $472 million over a five-year time period.

The main drivers of the projected growth include growing remittances and fund transfers in developing countries, fluctuating monetary regulations and an increase in crypto ATM installations around the world.

The insights are driven by in-depth qualitative analysis and verifiable data to create projections about the addressable market. Primary research included interviews, surveys and observations involving market participants.”


Master Asked on July 27, 2022 in Cryptocurrency.
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