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(Transportation-News.com, October 11, 2018 ) Expert covers the present scenario (with the base year being 2017) and the growth prospects of global Automated Teller Machine market for 2018-2023.
An automated teller machine, or an ATM, is a cash vending machine that is operated by financial institutions and allows customers to perform financial transactions without the need for a human cashier. With financial institutions encouraging the customers not to access the banks for any transactions, the demand for off-site banking implementation has increased. ATM is one part of the off-site banking trend and is anticipated to gain widespread traction owing to the integration of mobile banking and marketing with self-service channels.
In this industry research study, the analysts have estimated factors such as the increasing deployment of ATMs in off-site terminals to aid in the growth of this market during the predicted period. Moreover, the deployment of new off-site ATMs in the rural and semi-urban sites will help in reducing the cost associated with the migrating transaction from the tellers. Also, with the deployment of more ATMs, the number of customers is expected to increase significantly, which will boost ATM use. Furthermore, an increasing number of ATMs are deployed in busy locations that include petrol pumps, retail malls, and high traffic areas.
Over the next five years, Expert projects that Automated Teller Machine will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
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This report presents a comprehensive overview, market shares, and growth opportunities of Automated Teller Machine market by product type, application, key manufacturers and key regions.
To calculate the market size, Expert considers value and volume generated from the sales of the following segments:
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
NCR
Diebold
Wincor Nixdorf International
GRG Banking Equipment
Hitachi Payment Services
Synkey Group
Perto
Fujitsu
OKI
Nautilus Hyosung
SPL Group
Hantle
Royal Bank Technology
KingTeller
Eastcom
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Segmentation by product type:
Cash Dispenser
Automated Deposit Terminal
Recycle Type
Segmentation by application:
Banking
Retai
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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Research objectives
To study and analyze the global Automated Teller Machine consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Automated Teller Machine market by identifying its various subsegments.
Focuses on the key global Automated Teller Machine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automated Teller Machine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automated Teller Machine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Qurate Business Intelligence
Nehal Chinoy
+919881074592
nehal@qurateresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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