Cryptocurrency ATM Market Size to Grow by USD 2.37 billion 

The cryptocurrency ATM market size is expected to grow by USD 2.37 billion from 2021 to 2026.

Moreover, the growth momentum of the market will accelerate at a CAGR of 53.09% during this period.

The increasing number of installations is driving the cryptocurrency ATM market growth.

However, factors such as limited acceptance of cryptocurrencies as a legal tender may challenge the market growth.

The increasing number of installations is driving the crypto automated teller machine (ATM) market growth. Vendors are investing significantly in R&D to develop innovative products and technologies.

They are also launching affordable cryptocurrency ATMs to expand their foothold. For instance, in May 2021, Bitcoin Depot announced the launch of over 350 new cryptocurrency ATMs opening across the US.