ATM Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Report Code: ZMR-211 | Report Format : | Status : Upcoming |

Abstract

ATM stands for automated teller machine. It is an electronic telecommunications device that enables the customers to perform financial transactions, especially cash withdrawal, without any human interference such as a cashier, clerk, or bank teller. ATM is popular by different names in different countries such as cash machine, automated banking machine, cashpoint, mini bank, cashline, bankomat, and so on. In the majority of the ATMs, the customer is been identified by inserting a plastic ATM card which consists of a magnetic strip or a smart card with a chip. This chip contains unique card number and security information, which is used for the identification purpose and to avoid fraud cases. The authentication process is done by asking the customer to enter a personal identification number (PIN). Customers are able to access their bank deposit or credit accounts through which they are able to carry out a number of transactions such as cash withdrawals, credit mobile phones, check balances, and so on.

Changing lifestyles and high standard of people is the major factor boosting the growth of the global ATM market. The introduction of niche types of ATMs such as solar ATMs and smart ATMs in the emerging markets is also another key factor boosting the growth of the global ATM market. Moreover, new innovations in the ATM technology are also influencing the growth of the market owing to the increasing demand from consumers. Furthermore, advantages provided by ATM cards such as no hassles of bank transactions, banking hour constraints, personal attendance of the customers, and paper-based validations is also attributed to increasing demand of ATMs by consumers. On the other hand, some of the major risks associated with ATM machines such as online frauds, thefts, connectivity, and operational issues may hamper the growth of the global ATM market to some extent.

On the basis of solutions, the global ATM market is segmented as deployment solutions and managed services. The deployment solutions segment is further sub-segmented as onsite ATMs, work site ATMs, offsite ATMs, mobile ATMs, and. Based on the type, the global market is segmented as conventional/bank ATMs, white label ATMs, brown label ATMs, cash dispensers, and smart ATMs. Geographically, the global ATM market is segmented as Europe, Latin America, the Middle East and Asia, North America, and Asia Pacific.

Asia-Pacific region is anticipated to witness the highest growth owing to new technological advancements in the ATMs. Singapore is one of the Asian countries who offer smart gold ATMs dispensing gold bars, coins, and ingots. In addition, North America is the biggest market for ATM, followed by Europe.

Some major players dominating the global ATM market are Diebold Inc., Wincor Nixdorf AG, NCR Corp., and Triton Systems of Delaware LLC. These major players are anticipated to dominate the global market in the near future.

ATM Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany 
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Related Reports

Combat System Integration Market by Platform (Large Combat Ships, Medium Combat Ships, Helicopters, Small Combat Ships, Submarines, Fighter Aircraft and Armored Vehicles/Artillery) Market for Naval, Airborne and Land-Based Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022

Sep-2017 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2279 | Report Format:

The report analyzes and forecasts combat system integration market on a global and regional level. The study offers past data of 2014 to 2016 along with forecast from 2017 to 2022 based on revenue (USD Billion). Assessment of combat system integration market dynamics gives a brief thought about th...Read More

Edge Analytics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2225 | Report Format:

Edge Analytics Market: Overview The examining analysis surveys edge computing specially as an analytic proposal and also as an advance for analyzing information closely along with its source, other than sending it to an inaccessible server for cloud-level examination. These are computing tasks t...Read More

Drone Payload Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2221 | Report Format:

Drone Payload Market: Overview Aircraft having the ability to fly alone with the help of embed program or which can be tenuously operated are known as drones. They are also formally known as Unmanned Aircraft Vehicle system (UAVS), Remotely Piloted Aircraft System (RPAS), Unmanned Aircraft Syste...Read More

Distributed Control System Market (DCS): Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2217 | Report Format:

Distributed Control System Market (DCS): Overview The promising process industries are only operated by highly developed automation technologies, for example, distributed control systems (DCS). These systems are utilized as extensions of conventional controllers across diversified series of indu...Read More

Customer Relationship Management Services Market by Deployment Mode (On Premises and Cloud) for Applications (Marketing, Sales, Customer Support and Services and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2022

Sep-2017 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2215 | Report Format:

The report covers forecast and analysis for the customer relationship management services market on a global and regional level. The study provides historic data of 2014, 2015 and 2016 along with a forecast from 2017 to 2022 based on revenue (USD Billion). The study includes drivers and restraints...Read More

Choose License Type:
Latest Published Reports

View All Published Reports