Crypto ATM market value to hit $472 million by 2027 per new data
Market research forecasts the global cryptocurrency ATM market to be worth $472 million by 2027, driven by growth in developing markets and growing adoption. 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 a...