- Grand View Research predicts that the crypto ATM market will surge by 2030.
- The research platform reported a 60% growth prediction for the ATM market.
- However, the crypto market continues to be dormant due to macroeconomic factors.
Despite the crypto market melting down, reports show that there is a prediction that the crypto ATM market will soar by 2030. In detail, market analysis platform Grand View Research reported that by 2030, a 60% compound annual growth rate (CAGR) could be expected in the ATM market that will be more than worth $5 million.
In a report, the Grand View Research team noted that there has been a “rising awareness and adoption of crypto among retailers” including Walmart (NYSE:WMT) and Circle K. This leap in crypto adoption is expected to make the crypto ATM market grow higher in the upcoming years.
Furthermore, the report read:
In addition, several businesses, including restaurants and commercial spaces, are involved in installing crypto ATMs to earn extra revenues, which is expected to further fuel the market’s growth.
Besides, the research platform focused that this expected market expansion can be enrooted to the lucrative benefits offered by crypto ATMs. Another core reason for this growth as noted by the platform is due to “le ...
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