비트코인 및 암호화폐 ATM 시장 보고서 : 동향, 예측, 경쟁 분석(-2031년)

The future of the global bitcoin and cryptocurrency ATMs market looks promising with opportunities in the shopping mall and gas station markets. The global bitcoin and cryptocurrency ATMs market is expected to grow with a CAGR of 55.3% from 2025 to 2031. The major drivers for this market are increased adoption of cryptocurrencies, growing institutional interest and regulation, and financial inclusion and accessibility.

• Lucintel forecasts that, within the type category, the 1-way model is expected to witness higher growth over the forecast period.
• Within the application category, the shopping mall will remain the larger segment.
• In terms of region, APAC is expected to witness the highest growth over the forecast period.

Emerging Trends in the Bitcoin and Cryptocurrency ATMs Market

The Bitcoin and cryptocurrency ATMs market is evolving rapidly, with various emerging trends shaping its future trajectory. As cryptocurrencies continue to gain mainstream acceptance, new technological advancements and changing consumer behavior are influencing market dynamics. The growth of Bitcoin ATMs is fueled by demand for faster, more efficient, and accessible ways to buy and sell cryptocurrencies. Understanding these trends is essential to predict how the market will evolve in the coming years.

• Increase in Global ATM Installations: The number of Bitcoin and cryptocurrency ATMs worldwide is growing significantly, with countries like the United States, Canada, and parts of Europe driving much of the growth. Increased demand for cryptocurrency access, particularly in urban areas, is spurring operators to install more ATMs.
• Integration of Fiat and Digital Currencies: Many Bitcoin ATMs are now integrating both digital and fiat currencies, allowing users to exchange Bitcoin and other cryptocurrencies for cash or vice versa. This provides a seamless experience for users who want to engage in traditional and digital currencies.
• Enhanced Security Features: As the use of Bitcoin and other cryptocurrencies grows, so does the importance of secure transactions. New Bitcoin ATMs are incorporating advanced security features, such as facial recognition and multi-factor authentication, to protect users' funds and personal data.
• Adoption of Crypto-Backed Services: Bitcoin ATMs are expanding beyond simple buy-and-sell functionality. Some ATMs now offer services like the ability to purchase gift cards or load cryptocurrencies onto mobile wallets. This provides users with a broader range of services that make cryptocurrencies more practical for everyday use.
• Growth in Unbanked and Underbanked Areas: Bitcoin ATMs are increasingly being deployed in underserved and unbanked areas. These machines offer a way for individuals in these regions to access financial services without the need for a traditional banking infrastructure, helping to drive financial inclusion.

These trends are reshaping the Bitcoin and cryptocurrency ATM market by addressing the demand for accessibility, security, and practical applications, creating new opportunities for users and operators alike.

Recent Developments in the Bitcoin and Cryptocurrency ATMs Market

The Bitcoin and cryptocurrency ATMs market has undergone several key developments in recent months, driven by technological innovations, regulatory changes, and the growing adoption of digital currencies. These developments reflect broader trends in the digital currency space and have a profound impact on how users engage with cryptocurrencies. The key developments across the market have spurred both interest and investment in Bitcoin ATMs, resulting in increased installations and service offerings.

• Increased ATM Installations: The number of Bitcoin ATMs has risen globally, with North America and Europe leading the way. This reflects an increased demand for cryptocurrency access as more consumers seek easy, reliable, and secure ways to buy and sell digital assets.
• Regulatory Clarity: Several countries, including Germany and Japan, have introduced clearer regulations for cryptocurrency ATMs. This has encouraged further investment in the sector, ensuring that Bitcoin ATMs comply with local legal frameworks and anti-money laundering requirements.
• Technological Upgrades: Newer Bitcoin ATMs are incorporating advanced technology such as biometric identification, integrated payment systems, and enhanced security features. These upgrades aim to improve user experience while addressing security concerns associated with cryptocurrency transactions.
• Partnerships with Payment Providers: Some Bitcoin ATM operators have partnered with established payment providers and financial institutions to streamline transactions. These partnerships offer enhanced liquidity and allow for greater integration between cryptocurrency ATMs and traditional financial networks.
• Focus on User-Friendly Interfaces: The latest Bitcoin ATMs are designed to be more user-friendly, with intuitive interfaces and multilingual options. This makes it easier for a wider range of consumers to engage with cryptocurrencies, regardless of their technical expertise.

These developments reflect the increasing acceptance of cryptocurrencies as mainstream financial instruments and indicate that the Bitcoin ATM market is on a strong growth trajectory.

Strategic Growth Opportunities in the Bitcoin and Cryptocurrency ATMs Market

As the Bitcoin and cryptocurrency ATMs market continues to expand, there are several key growth opportunities that present themselves. These opportunities span different applications, such as increasing global access to cryptocurrencies, expanding services, and improving user experience. Operators looking to capitalize on these opportunities can significantly improve their market share and operational efficiency.

• Expansion in Emerging Markets: There is an increasing demand for cryptocurrency services in emerging markets, where traditional banking infrastructure is lacking. By targeting underserved regions with Bitcoin ATMs, operators can tap into a large and growing customer base, providing access to financial services for the unbanked.
• Diversification of Services: Bitcoin ATM providers are diversifying their offerings by incorporating additional services such as bill payments, gift cards, and mobile wallet top-ups. This creates a more comprehensive experience for users and increases the overall utility of cryptocurrency ATMs.
• Enhanced Security Features: Incorporating biometric authentication and multi-factor verification can significantly boost the security of Bitcoin ATMs. As users seek more secure ways to engage with cryptocurrencies, offering these advanced security features will build trust and loyalty.
• Integration with Traditional Financial Systems: Establishing partnerships with traditional banks and payment providers can increase liquidity and facilitate smoother transactions. By integrating Bitcoin ATMs into existing financial networks, operators can enhance the customer experience and expand the market reach.
• Focus on User Experience: As the market grows, the user experience will become an increasingly important competitive differentiator. Simplified interfaces, multilingual options, and faster transaction speeds will help operators attract a broader audience.

These growth opportunities are transforming the Bitcoin and cryptocurrency ATM market by expanding its reach, improving its offerings, and driving increased customer engagement.

Bitcoin and Cryptocurrency ATMs Market Driver and Challenges

The Bitcoin and cryptocurrency ATM market is influenced by a range of drivers and challenges, including technological advancements, regulatory frameworks, and economic factors. These forces shape the market's dynamics and will continue to have a significant impact on how Bitcoin ATMs are deployed and adopted worldwide.

The factors responsible for driving the Bitcoin and cryptocurrency ATMs market include:

1. Increased Cryptocurrency Adoption: As more people adopt Bitcoin and other digital currencies for investments and everyday use, the demand for Bitcoin ATMs rises. Increased consumer awareness and interest are fueling the expansion of the market.

2. Regulatory Clarity: Clear regulations in key markets such as Germany, Japan, and the United States are encouraging investment in cryptocurrency ATMs. A solid legal framework ensures operators can meet compliance requirements, mitigating regulatory risks.

3. Technological Innovations: Technological advancements, such as biometric identification, better security measures, and more efficient transaction processing, are enhancing the functionality of Bitcoin ATMs. These innovations make cryptocurrency ATMs more attractive to users and operators.

4. Financial Inclusion: Bitcoin ATMs offer financial services in regions where traditional banking infrastructure is limited. By providing access to cryptocurrencies, Bitcoin ATMs promote financial inclusion, especially in underbanked areas.

5. Partnerships with Financial Institutions: Collaborations between Bitcoin ATM operators and financial institutions are increasing liquidity and integrating cryptocurrencies into traditional payment networks. These partnerships help facilitate smoother transactions and better customer experiences.

Challenges in the Bitcoin and cryptocurrency ATMs market are:

1. Regulatory Uncertainty: In markets like India and China, regulatory uncertainty poses a significant challenge. Fluctuating legal frameworks and government crackdowns can hinder the growth of Bitcoin ATMs and deter investments.

2. Security Risks: Although technological advancements have improved security, Bitcoin ATMs remain vulnerable to fraud, hacking, and other security threats. Operators must invest heavily in security features to maintain user trust.

3. Operational Costs: Bitcoin ATMs can be costly to install and maintain, especially when factoring in transaction fees, maintenance, and security. These operational costs can limit the profitability of ATM operators, particularly in smaller markets.

4. Consumer Trust Issues: Cryptocurrencies are still relatively new to many consumers, and trust issues may prevent broader adoption of Bitcoin ATMs. Operators must work on educating users about the benefits and risks of digital currencies.

5. Market Competition: As the Bitcoin ATM market grows, competition between operators is intensifying. This competition may lead to price wars, reducing profitability for operators and limiting market share.

In conclusion, the drivers and challenges influencing the Bitcoin and cryptocurrency ATM market highlight the complex dynamics that operators must navigate. While advancements in adoption, technology, and regulation are creating new opportunities, risks like security concerns and regulatory challenges must be carefully managed to ensure long-term growth.

List of Bitcoin and Cryptocurrency ATMs Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, bitcoin and cryptocurrency ATMs companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bitcoin and cryptocurrency ATMs companies profiled in this report include:

• General Bytes
• Lamassu
• Global Funds Transfer
• Genesis Coin
• BitAccess

Bitcoin and Cryptocurrency ATMs Market by Segment

The study includes a forecast for the global bitcoin and cryptocurrency ATMs market by type, application, and region.

Bitcoin and Cryptocurrency ATMs Market by Type [Value from 2019 to 2031]:

• 1-Way Model
• 2-Way Model

Bitcoin and Cryptocurrency ATMs Market by Application [Value from 2019 to 2031]:

• Shopping Malls
• Gas Stations
• Others

Bitcoin and Cryptocurrency ATMs Market by Region [Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Bitcoin and Cryptocurrency ATMs Market

The Bitcoin and cryptocurrency ATMs market has seen remarkable growth and transformation in recent years. Advancements in technology, increasing adoption of digital currencies, and supportive regulatory frameworks in various countries have significantly impacted the expansion of these ATMs. The United States, China, Germany, India, and Japan have been key players in this market, driving both innovation and market trends.

• United States: The United States has been a leader in the Bitcoin ATM market. The number of Bitcoin ATMs has risen sharply, with thousands of machines installed across the country. Regulatory developments are also playing a role, with states like Wyoming and Texas providing favorable environments for crypto businesses. The U.S. market is heavily influenced by both retail and institutional interest in Bitcoin and other cryptocurrencies, driving further investments in Bitcoin ATM infrastructure.
• China: China has maintained a complicated stance on cryptocurrency, with the government imposing stringent regulations on cryptocurrency mining and trading. However, despite regulatory challenges, there is still a demand for cryptocurrency ATMs in select regions. As China continues to develop its digital yuan, Bitcoin ATMs face limitations, but the market remains dynamic as citizens explore alternative ways to interact with digital currencies.
• Germany: Germany is a significant player in Europe in the area of Bitcoin and cryptocurrency ATMs. The country has clear regulations in place, which fosters the growth of the market. Bitcoin ATMs are increasingly popular in major cities, and Germany is seeing a shift towards the adoption of digital assets. Financial institutions are also exploring blockchain technology, which may further enhance the integration of cryptocurrencies into the financial system.
• India: India's stance on cryptocurrencies has been fluctuating, with regulatory uncertainty and a proposed ban on digital assets causing concerns. However, Bitcoin ATMs are starting to make their mark, especially in cities like Bengaluru and Mumbai. As more people in India become aware of cryptocurrency investments, there is an increasing demand for Bitcoin ATMs despite the regulatory challenges.
• Japan: Japan is one of the most crypto-friendly countries, with a well-established regulatory framework for cryptocurrency exchanges and ATM operations. Bitcoin ATMs have steadily increased in Japan, particularly in cities like Tokyo and Osaka. Japanese consumers are increasingly adopting digital currencies, driven by investment interest and innovative use cases like remittances, which may further boost demand for cryptocurrency ATMs.

Features of the Global Bitcoin and Cryptocurrency ATMs Market

• Market Size Estimates: Bitcoin and cryptocurrency ATMs market size estimation in terms of value ($B).
• Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
• Segmentation Analysis: Bitcoin and cryptocurrency ATMs market size by type, application, and region in terms of value ($B).
• Regional Analysis: Bitcoin and cryptocurrency ATMs market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the bitcoin and cryptocurrency ATMs market.
• Strategic Analysis: This includes M&A, new product development, and the competitive landscape of the bitcoin and cryptocurrency ATMs market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers the following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the bitcoin and cryptocurrency ATMs market by type (1-way model and 2-way model), application (shopping malls, gas stations, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Market Overview

• 2.1 Background and Classifications
• 2.2 Supply Chain

3. Market Trends & Forecast Analysis

• 3.1 Macroeconomic Trends and Forecasts
• 3.2 Industry Drivers and Challenges
• 3.3 PESTLE Analysis
• 3.4 Patent Analysis
• 3.5 Regulatory Environment

4. Global Bitcoin and Cryptocurrency ATMs Market by Type

• 4.1 Overview
• 4.2 Attractiveness Analysis by Type
• 4.3 1-way Model: Trends and Forecast (2019-2031)
• 4.4 2-way Model: Trends and Forecast (2019-2031)

5. Global Bitcoin and Cryptocurrency ATMs Market by Application

• 5.1 Overview
• 5.2 Attractiveness Analysis by Application
• 5.3 Shopping Malls: Trends and Forecast (2019-2031)
• 5.4 Gas Stations: Trends and Forecast (2019-2031)
• 5.5 Others: Trends and Forecast (2019-2031)

6. Regional Analysis

• 6.1 Overview
• 6.2 Global Bitcoin and Cryptocurrency ATMs Market by Region

7. North American Bitcoin and Cryptocurrency ATMs Market

• 7.1 Overview
• 7.2 North American Bitcoin and Cryptocurrency ATMs Market by Type
• 7.3 North American Bitcoin and Cryptocurrency ATMs Market by Application
• 7.4 United States Bitcoin and Cryptocurrency ATMs Market
• 7.5 Mexican Bitcoin and Cryptocurrency ATMs Market
• 7.6 Canadian Bitcoin and Cryptocurrency ATMs Market

8. European Bitcoin and Cryptocurrency ATMs Market

• 8.1 Overview
• 8.2 European Bitcoin and Cryptocurrency ATMs Market by Type
• 8.3 European Bitcoin and Cryptocurrency ATMs Market by Application
• 8.4 German Bitcoin and Cryptocurrency ATMs Market
• 8.5 French Bitcoin and Cryptocurrency ATMs Market
• 8.6 Spanish Bitcoin and Cryptocurrency ATMs Market
• 8.7 Italian Bitcoin and Cryptocurrency ATMs Market
• 8.8 United Kingdom Bitcoin and Cryptocurrency ATMs Market

9. APAC Bitcoin and Cryptocurrency ATMs Market

• 9.1 Overview
• 9.2 APAC Bitcoin and Cryptocurrency ATMs Market by Type
• 9.3 APAC Bitcoin and Cryptocurrency ATMs Market by Application
• 9.4 Japanese Bitcoin and Cryptocurrency ATMs Market
• 9.5 Indian Bitcoin and Cryptocurrency ATMs Market
• 9.6 Chinese Bitcoin and Cryptocurrency ATMs Market
• 9.7 South Korean Bitcoin and Cryptocurrency ATMs Market
• 9.8 Indonesian Bitcoin and Cryptocurrency ATMs Market

10. ROW Bitcoin and Cryptocurrency ATMs Market

• 10.1 Overview
• 10.2 ROW Bitcoin and Cryptocurrency ATMs Market by Type
• 10.3 ROW Bitcoin and Cryptocurrency ATMs Market by Application
• 10.4 Middle Eastern Bitcoin and Cryptocurrency ATMs Market
• 10.5 South American Bitcoin and Cryptocurrency ATMs Market
• 10.6 African Bitcoin and Cryptocurrency ATMs Market

11. Competitor Analysis

• 11.1 Product Portfolio Analysis
• 11.2 Operational Integration
• 11.3 Porter's Five Forces Analysis
  • Competitive Rivalry
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Threat of Substitutes
  • Threat of New Entrants
• 11.4 Market Share Analysis

12. Opportunities & Strategic Analysis

• 12.1 Value Chain Analysis
• 12.2 Growth Opportunity Analysis
  • 12.2.1 Growth Opportunities by Type
  • 12.2.2 Growth Opportunities by Application
• 12.3 Emerging Trends in the Global Bitcoin and Cryptocurrency ATMs Market
• 12.4 Strategic Analysis
  • 12.4.1 New Product Development
  • 12.4.2 Certification and Licensing
  • 12.4.3 Mergers, Acquisitions, Agreements, Collaborations, and Joint Ventures

13. Company Profiles of the Leading Players Across the Value Chain

• 13.1 Competitive Analysis
• 13.2 General Bytes
  • Company Overview
  • Bitcoin and Cryptocurrency ATMs Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.3 Lamassu
  • Company Overview
  • Bitcoin and Cryptocurrency ATMs Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.4 Global Funds Transfer
  • Company Overview
  • Bitcoin and Cryptocurrency ATMs Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.5 Genesis Coin
  • Company Overview
  • Bitcoin and Cryptocurrency ATMs Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.6 BitAccess
  • Company Overview
  • Bitcoin and Cryptocurrency ATMs Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing

14. Appendix

• 14.1 List of Figures
• 14.2 List of Tables
• 14.3 Research Methodology
• 14.4 Disclaimer
• 14.5 Copyright
• 14.6 Abbreviations and Technical Units
• 14.7 About Us
• 14.8 Contact Us