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Cryptocurrency Mining Market Revenue Opportunities By Key Vendors AntPool, BTC.com, ViaBTC, BTC Top, SlushPool and F2Pool
Cryptocurrency ATM Market is estimated to be valued at US $ 14.0 million in 2017 and expected to witness a CAGR of 45.8% over the forecast period (2017–2025), as highlighted in a report published by Coherent Market Insights. Cryptocurrencies are driven by several advantages over the conventional currencies such as the limited supply, growing number of investors, growing user confidence, growing mining complexity, and substantial support by the media.
Download PDF Copy @ https://www.coherentmarketinsights.com/insight/request-pdf/979
Market Dynamics
Growth of over 200% Digital currency market capital witnessed from March 2015 to March 2016, according to CoinMarketCap. Moreover, according to Coherent Market analysis, the valuation is expected to witness growth of over 600% in 2017 with respect to the previous year. Requirement to provide easy transaction means and the associated profit will present substantial growth potential over the forecast period.
Key Takeaways of the Cryptocurrency ATM Market:
-The global cryptocurrency ATM market is projected to witness a CAGR of 45.8% over the forecast period, primarily owing to its ease of transaction for digital assets and fiat currency
-High machine cost and number of procedural hindrances due to regional regulations, and lack of availability of good and affordable locations to set up machines are some of the major factors hindering the market growth.
-One-way cryptocurrency ATMs are expected to find highest traction in the industry over the forecast period. According to Coherent Market Insights research, consumers are highly inclined towards buying these digital assets instead of selling, mainly owing to limited supply, accounting a ratio of 17 buy transactions to 3 sell transactions.
-Among revenue source, revenue through other source segment is expected to witness highest growth in the market, owing to expected increase in the transaction volume and the commission associated with them
-North America is expected to hold largest share in the global cryptocurrency ATM market over the forecast period, primarily owing to considerable increase in the utilization in U.S. and Canada. In 2017, over 800 of these machines were deployed in the U.S., to improve the ease of access to these digital exchanges.
-Chief vendors operating in the global cryptocurrency ATM market include Genesis Coin, General Bytes, Lamassu, Bit Access, Covault, BitXatm, BTC facil, BitTeller, Skyhook, and LocalBitcoins.
Detailed Segmentation:
Global Cryptocurrency ATM Market, By Revenue Source:
-New Installations
-One-way ATM
-Two-way ATM
-Revenue through other sources
-Transaction Commissions
-Server utilization
-Technical support & other services (software upgradation, software installation, extra developments/software customization, layout customization)
Global Cryptocurrency ATM Market, By Cryptocurrency Type:
-Bitcoin
-Litecoin
-Dash
-Ether
Dogecoin
-Other cryptocurrencies
Place Enquiry @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/979
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Download PDF Copy @ https://www.coherentmarketinsights.com/insight/request-pdf/979
Market Dynamics
Growth of over 200% Digital currency market capital witnessed from March 2015 to March 2016, according to CoinMarketCap. Moreover, according to Coherent Market analysis, the valuation is expected to witness growth of over 600% in 2017 with respect to the previous year. Requirement to provide easy transaction means and the associated profit will present substantial growth potential over the forecast period.
Key Takeaways of the Cryptocurrency ATM Market:
-The global cryptocurrency ATM market is projected to witness a CAGR of 45.8% over the forecast period, primarily owing to its ease of transaction for digital assets and fiat currency
-High machine cost and number of procedural hindrances due to regional regulations, and lack of availability of good and affordable locations to set up machines are some of the major factors hindering the market growth.
-One-way cryptocurrency ATMs are expected to find highest traction in the industry over the forecast period. According to Coherent Market Insights research, consumers are highly inclined towards buying these digital assets instead of selling, mainly owing to limited supply, accounting a ratio of 17 buy transactions to 3 sell transactions.
-Among revenue source, revenue through other source segment is expected to witness highest growth in the market, owing to expected increase in the transaction volume and the commission associated with them
-North America is expected to hold largest share in the global cryptocurrency ATM market over the forecast period, primarily owing to considerable increase in the utilization in U.S. and Canada. In 2017, over 800 of these machines were deployed in the U.S., to improve the ease of access to these digital exchanges.
-Chief vendors operating in the global cryptocurrency ATM market include Genesis Coin, General Bytes, Lamassu, Bit Access, Covault, BitXatm, BTC facil, BitTeller, Skyhook, and LocalBitcoins.
Detailed Segmentation:
Global Cryptocurrency ATM Market, By Revenue Source:
-New Installations
-One-way ATM
-Two-way ATM
-Revenue through other sources
-Transaction Commissions
-Server utilization
-Technical support & other services (software upgradation, software installation, extra developments/software customization, layout customization)
Global Cryptocurrency ATM Market, By Cryptocurrency Type:
-Bitcoin
-Litecoin
-Dash
-Ether
Dogecoin
-Other cryptocurrencies
Place Enquiry @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/979
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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