{"id":56111,"date":"2022-01-18T13:53:36","date_gmt":"2022-01-18T11:53:36","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=56111"},"modified":"2025-09-04T04:51:19","modified_gmt":"2025-09-04T01:51:19","slug":"analysts-forecast-bitcoin-atm-market-to-reach-1-88-billion-by-2028","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/analysts-forecast-bitcoin-atm-market-to-reach-1-88-billion-by-2028\/","title":{"rendered":"Analysts forecast Bitcoin-ATM market to reach $1.88 billion by 2028"},"content":{"rendered":"

In 2021, the crypto-ATM market size rose to $75.01 million. Analysts at Grand View Research expect that, from 2022 to 2028, the sector\u2019s compound annual growth rate (CAGR) will be 59.2% \u2014 its valuation will reach $1.88 billion.<\/p>\n

\"Analysts
Data: Grand View Research report<\/a>.
<\/figcaption><\/figure>\n

According to Coin ATM Radar<\/a>, at the time of writing there are nearly 35 000 Bitcoin ATMs installed worldwide. In January 2021 their number was estimated at 14 000 \u2014 since then, an average of 24 new devices have been installed each day. More than 45% of these machines were produced by Genesis Coin.<\/p>\n

Among the factors driving growth, Grand View Research analysts cited the efforts of governments of countries such as El Salvador<\/a> and growing smartphone penetration worldwide. They emphasised that the COVID-19 pandemic has played a significant role in the development of the industry.<\/p>\n

The company also noted industry players’ efforts to improve security. For example, crypto ATMs are implementing facial-recognition systems and QR codes for user identification.\u00a0<\/p>\n

In November 2021, Bitcoin Latinum signed a three-year contract with the crypto ATM provider OSO to deploy 100,000 devices in the United States<\/a>.<\/p>\n

Subscribe to ForkLog news on VK<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

In 2021, the crypto-ATM market size rose to $75.01 million. Analysts at Grand View Research expect that from 2022 to 2028 the sector’s compound annual growth rate (CAGR) will be 59.2%, with the valuation reaching $1.88 billion.<\/p>\n","protected":false},"author":1,"featured_media":56112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1189],"class_list":["post-56111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptomats"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=56111"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56111\/revisions"}],"predecessor-version":[{"id":56113,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56111\/revisions\/56113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/56112"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=56111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=56111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=56111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}