| Product Code: ETC4449620 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Cryptocurrency ATMs provide a convenient way for individuals to buy or sell digital assets using cash. In Hungary, the crypto ATM market is in its early stages but showing promising growth potential. These ATMs allow users to exchange fiat currency for popular cryptocurrencies like Bitcoin and Ethereum, catering to the needs of both experienced traders and newcomers to the digital asset space. Regulatory clarity, increasing adoption of cryptocurrencies, and partnerships between ATM operators and financial institutions are key factors driving the expansion of the crypto ATM market in Hungary.
The driving factors for this market include the growing acceptance of cryptocurrencies as a legitimate form of payment, increased financial inclusion, and the convenience offered by crypto ATMs for buying and selling digital currencies. With the mainstream adoption of cryptocurrencies, the demand for accessible and user-friendly platforms like crypto ATMs is expected to surge. Regulatory developments and technological advancements also play crucial roles in shaping the growth trajectory of this market.
The crypto ATM market in Hungary faces challenges related to regulatory compliance and public perception. Regulatory ambiguity surrounding cryptocurrencies may lead to uncertainty regarding the legality of operating crypto ATMs, deterring potential investors and operators. Moreover, public skepticism and concerns about the use of cryptocurrencies for illicit activities could impact the adoption rate of crypto ATMs in Hungary, hindering market growth.
The crypto ATM market in Hungary operates under government regulations designed to mitigate risks associated with cryptocurrency transactions. Regulatory authorities impose requirements on operators of crypto ATMs to adhere to anti-money laundering (AML) and know your customer (KYC) protocols. These measures are implemented to prevent the misuse of crypto ATMs for illicit purposes and to ensure compliance with international standards.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Crypto ATM Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Crypto ATM Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Crypto ATM Market - Industry Life Cycle |
3.4 Hungary Crypto ATM Market - Porter's Five Forces |
3.5 Hungary Crypto ATM Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 Hungary Crypto ATM Market Revenues & Volume Share, By Automated Teller Machine Hardware , 2021 & 2031F |
3.8 Hungary Crypto ATM Market Revenues & Volume Share, By , 2021 & 2031F |
4 Hungary Crypto ATM Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of cryptocurrencies in Hungary |
4.2.2 Growing demand for convenient and accessible ways to buy and sell cryptocurrencies |
4.2.3 Rising awareness and acceptance of crypto ATMs as a secure and efficient method for transactions |
4.3 Market Restraints |
4.3.1 Regulatory uncertainty and evolving legal framework for cryptocurrencies in Hungary |
4.3.2 Security concerns and risk of fraud associated with crypto ATMs |
4.3.3 Limited scalability and high operational costs for maintaining crypto ATMs |
5 Hungary Crypto ATM Market Trends |
6 Hungary Crypto ATM Market, By Types |
6.1 Hungary Crypto ATM Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Crypto ATM Market Revenues & Volume, By Type , 2021-2031F |
6.1.3 Hungary Crypto ATM Market Revenues & Volume, By One Way , 2021-2031F |
6.1.4 Hungary Crypto ATM Market Revenues & Volume, By Two Way, 2021-2031F |
6.2 Hungary Crypto ATM Market, By Automated Teller Machine Hardware |
6.2.1 Overview and Analysis |
6.2.2 Hungary Crypto ATM Market Revenues & Volume, By Display, 2021-2031F |
6.2.3 Hungary Crypto ATM Market Revenues & Volume, By Printer, 2021-2031F |
6.2.4 Hungary Crypto ATM Market Revenues & Volume, By QR Scanner, 2021-2031F |
6.4 Hungary Crypto ATM Market, By |
6.4.1 Overview and Analysis |
7 Hungary Crypto ATM Market Import-Export Trade Statistics |
7.1 Hungary Crypto ATM Market Export to Major Countries |
7.2 Hungary Crypto ATM Market Imports from Major Countries |
8 Hungary Crypto ATM Market Key Performance Indicators |
8.1 Average transaction volume per crypto ATM |
8.2 Number of new installations of crypto ATMs in Hungary |
8.3 Percentage of transactions completed successfully without issues |
8.4 Average transaction processing time |
8.5 Customer satisfaction ratings for crypto ATM services |
9 Hungary Crypto ATM Market - Opportunity Assessment |
9.1 Hungary Crypto ATM Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 Hungary Crypto ATM Market Opportunity Assessment, By Automated Teller Machine Hardware , 2021 & 2031F |
9.4 Hungary Crypto ATM Market Opportunity Assessment, By , 2021 & 2031F |
10 Hungary Crypto ATM Market - Competitive Landscape |
10.1 Hungary Crypto ATM Market Revenue Share, By Companies, 2024 |
10.2 Hungary Crypto ATM Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |