Market cryptomate by 2023 will reach $144.5 million
In the period from 2018 to 2023 market cryptocurrency ATM will grow by 54.7% in the year. In five years it will reach $144.5 million this is stated in the report of research company MarketsandMarkets.
Currently the number of bitcoin ATM in the world exceeds 3650. In July, the figure was 3500, and in may 3000. According to Coin ATM Radar, daily installs on average 4 cryptomate. Last year this market was $6.8 million, and this year it rose to $16.3 million.
According to forecasts by MarketsandMarkets, the share of two-way ATM allows you to buy and sell cryptocurrencies on one device, will grow more rapidly than unilateral. While currently unilateral ATM occupy a dominant position in the market. Their share is 62,49%, while two-way ATM it is almost two times less of 37.51%.
The largest market cryptomate by 2023 will continue to remain North America. Today this region accounts for 73,07% of all bitcoin ATM in the world. The authors of the study attribute this to a relatively favorable regulatory environment in the country.
Market growth cryptomate not passed the attention of fraudsters. Earlier this month, the Japanese company Trend Micro, specializing in cyber security, found available for purchase online AT a hacking bitcoin ATM.