Alongside cryptocurrency's decade-long adoption drive, the momentum behind the installation of crypto ATMs continues across the globe. Based on Coin ATM Radar'due south latest data, crypto ATM installations in 2022 have witnessed a spike of 71.73%, pulling up the numbers from 13,993 on Jan. 1 to 24,030 at the time of reporting.

Last year, the global count rose to 13,993 ATMs with a 119.56% growth after seven,620 new machines were installed. Then far, 2022 has seen the installation of ten,037 ATMs. To keep things in perspective, data suggests that crypto ATMs are existence installed at a speed of roughly 52.3 ATMs per day.

The United States currently leads this space, having installed nearly 48 ATMs per 24-hour interval, based on the data acquired in the last vii days. Every bit reported by Cointelegraph dorsum in March, the ATM count in the U.S. rose to 177% in just a year, standing at 16,835.

Crypto ATMs tin can be accessed beyond 75 sovereign nations and are powered by 42 producers. Coin ATM Radar'south information on the manufacturers also suggests that Genesis Coin dominates this space with xl.9% market share, while Full general Bytes owns around 24% of the market. The remaining 35% of the market is shared among other players, including BitAccess, Coinsource and Bitstop.

Related: Circle Yard convenience stores will host thousands of crypto ATMs

One of the largest holders of the Bitcoin (BTC) ATM network, Bitcoin Depot, recently announced a partnership with Circumvolve Chiliad to install crypto ATMs across the U.S. and Canada. The partnership has since resulted in the installation of more 700 Bitcoin ATMs.

Bitcoin Depot operates over iii,500 crypto ATMs allowing users in the U.S. and Canada to purchase over 30 types of cryptocurrencies, including Bitcoin, Ether (ETH) and Litecoin (LTC).