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Crypto ATM market to reach $5.4B by 2030

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December 14, 2022

The cryptocurrency ATM market will reach $5.4 billion by 2030, according to Grand View Research. It will also grow at a compound annual growth rate of 61.7% from 2022 to 2030, according to a press release.

Rising awareness of cryptocurrency, especially within the retail space such as Walmart and Circle K will drive growth. Currently, businesses deploy about 23 bitcoin ATMs daily.

Other findings include:

• The hardware segment dominated the market in 2021.
• The bitcoin segment held the highest market share.
• Restaurants and hospitality held the highest market share.
• North American dominated the market.