Press Releases
 
ATM Market Expected to Expand at a Steady CAGR through 2024

United States, 19 December 2017 -- ATM Market - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2016 – 2024

Global ATM Market: Brief Description

ATM is the abbreviated form of automated teller machine. It is popularly known by many names such as automated banking machine, cash line, cash machine, and cash point. The global market for ATM has been significantly growing over the last couple of years. Irrespective of time and geography, an ATM allows users to make cash transactions using a card. The transactions can be performed entering the personal identification number of the card, the expiry date of the card, or in the case of any online transaction, a 3D security pin. All the numeric combinations are unique for every respective card and its user.

Download exclusive Sample of this report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1665

This industry research report is a brief review of the growth trail in terms of current, historical, and future scenarios of the global ATM market. It offers an evaluation of the aspects that are expected to influence the development of the market and the primary trends have also been specified in the research study. The research study also offers a broad lookout on the vendor landscape of the market through Porter’s five forces analysis. The research publication provides references of mergers and acquisitions, the research and development activities, specifics on licensing and collaborations. The report probes into the strategies related to marketing, shares, and product portfolio of the key participants in the global ATM market.

Global ATM Market: Trends and Prospects

Since the advent of automated teller machines in the banking system, the global market for it has been incessantly growing. The prime aspects that are expected to drive the demand of ATM in the near future are the easy flow of cash, transactional benefits, quick withdrawals, and feasibility of offline and online shopping. It is also convenient for foreign travelers as it allows them in converting foreign money into the desired local currency. An ATM is the most secure and safe way of travelling as it provides cashless facility. Onsite ATMs are set up in bank premises where both the physical bank and machines can be used by customers. These machines also help in reducing the workload of the bank staffs and also aid in avoiding long queues for cash deposits, withdrawals, and cash transfer. By reducing the frequency of errors, it helps the banks in having smooth financial transactions.

However, the market is expected to be hindered by factors such as misuse of the ATM pin, dispense of extra cash which causes a loss to the bank, and tampering which makes room for theft, fraud, and scams.

Global ATM Market: Regional Outlook

The market for ATM is expected to have high potential in North America and Europe over the next couple of years and is also expected to soon reach saturation. The Middle East and Africa and Asia Pacific is also likely to exhibit significant growth capacity in the near future owing to the rising demand for advanced interactive machines. The cash based economy of the Middle East and Africa region is anticipated to bode well for the market in the region.

Global ATM Market: Vendor Landscape

The leading companies in the market are NCR Corp., Triton Systems of Delaware LLC, Diebold Inc., and Wincor Nixdorf AG.

# # #


Submitted by amyjames on Tuesday, 19 December 2017 at 2:45 PM
Category: Enterprise Technology
 
Related News

Suprema to Showcase Biometric-based Centralized Access Control at Intersec 2018
Friday, 19 Jan 2018

Global Mixed Signal System-on-Chip (MxSoC) Market is Expected to Reach USD 765.1 Billion by 2022
Friday, 19 Jan 2018

Rip DVD to 300+ Formats with the Most Powerful DVD Ripper Offered by TuneFab
Friday, 19 Jan 2018

TEPCO looks to the transformative potential of blockchain by investing in Electron
Friday, 19 Jan 2018

Suprema Establishes Middle East Operations with Suprema Middle East FZCO
Thursday, 18 Jan 2018

Related Events

Palo Alto Networks: Cyber Threat Workshop
Wednesday, 24 Jan 2018

Palo Alto Networks: Netherlands Epic Cloud Security Dinner
Tuesday, 6 Feb 2018

V National Show & Forum for the Civil Aviation Infrastructure
Wednesday, 7 Feb 2018

Tire Technology Expo 2018 - Hannover, Germany - 20-22 February
Tuesday, 20 Feb 2018

Palo Alto Networks: Live Demo: Preventing Security Breaches on the Endpoint
Wednesday, 21 Feb 2018

Latest News

Fundamental Blogging Tips to Help Get You Started
Friday, 19 Jan 2018

Ingredion Named One of the World's Most Admired Companies for Ninth Consecutive Year
Friday, 19 Jan 2018

How To Find A Digital Video Camera Rental
Friday, 19 Jan 2018

Food Stabilizers Market Overview | Forecast & Analysis (2016-2020)
Friday, 19 Jan 2018

Global Cheese Ingredients Market - By End User, Vendors and Geography Market Shares, Forecasts and T
Friday, 19 Jan 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Saturday, 20 January 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Light to Night Festival
  • EDGE Endourology & Enucleation Symposium 2018, Scottsdale, Arizona
  • Mexico Caribbean Adventure
  • 2018 Progress and Controversies in Gynecologic Oncology Conference
  • London Blockchain Week 2018

  • Latest Jobs
    Sorry, there are currently no entries posted here.