Global $28.2 Billion ATM Market Analysis & Forecasts to 2024 by Solution, Screen Size, Application, ATM Type, Region
Friday, August 23, 2019
DUBLIN, Aug. 23, 2019 /PRNewswire/ -- The "ATM Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global ATM (Automated Teller Machine) market was worth US$ 18.5 Billion in 2018 and is expected to reach a value of US$ 28.2 Billion by 2024, registering a CAGR of around 7% during 2019-2024.
An automated teller machine (ATM) is an electronic banking machine that enables consumers to perform basic transactions using credit or debit cards. It is a specialized computer that manages money and performs functions such as cash withdrawal, cash deposit and fund transfer.
An ATM consists of a card reader, keypad, cash dispenser, printer and a display screen through which relevant account balance information is conveyed to the user. As compared to traditional bank tellers, ATMs serve as a quick, convenient and self-serving alternative for a smooth financial transaction.
Growing urbanization and digitalization in both the emerging and developed economies is the primary factor driving the growth of the market. The key features of ATMs, such as 24x7 availability of cash, along with provisions for fund transfer and bill payments, have favored their widespread acceptance across the globe.
Additionally, improved security mechanisms such as biometric authentication and One Time Password (OTP) services to prevent fraudulent transactions, coupled with the introduction of Talking ATMs for individuals with special needs, are also augmenting the growth of the market. Furthermore, the thriving tourism industry is another significant factor driving the market.
These machines serve as a convenient currency exchange option for international tourists through features such as Dynamic Currency Conversion (DCC). Apart from this, ATMs play a crucial role in reducing the overall workload of bank employees and aid the consumer to skip long queues for cash transfers and deposits. ATMs also reduce the frequency of human error, thus assisting banks in ensuring efficient operations along with seamless experience for the consumer.
Key Questions Answered in This Report:
-- How has the global ATM market performed so far and how will it perform
in the coming years?
-- What are the key regional markets in the global ATM industry?
-- What is the breakup of the market based on the solution?
-- What is the breakup of the market based on the screen size?
-- What is the breakup of the market based on the application?
-- What is the breakup of the market based on the ATM type?
-- What are the various stages in the value chain of the global ATM
-- What are the key driving factors and challenges in the global ATM
-- What is the structure of the global ATM industry and who are the key
-- What is the degree of competition in the global ATM industry?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global ATM Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Solution
5.4 Market Breakup by Screen Size
5.5 Market Breakup by Application
5.6 Market Breakup by ATM Type
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Solution
6.1 Deployment Solutions
6.1.1 Market Trends
6.1.2 Market Breakup By Type
184.108.40.206 Onsite ATMs
220.127.116.11 Offsite ATMs
18.104.22.168 Work Site ATMs
22.214.171.124 Mobile ATMs
6.1.3 Market Forecast
6.2 Managed Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Screen Size
7.1 15" and Below
7.2 Above 15"
8 Market Breakup by Application
9 Market Breakup by Type
9.1 Conventional/Bank ATMs
9.2 Brown Label ATMs
9.3 White Label ATMs
9.4 Smart ATMs
9.5 Cash Dispensers
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Diebold Inc.
15.3.2 Wincor Nixdorf AG
15.3.3 NCR Corporation
15.3.4 Triton Systems of Delaware
15.3.5 Hitachi-Omron Terminal Solutions
15.3.6 GRG Banking Equipment Co. Ltd.
15.3.7 OKI Electric Industry co. Ltd.
15.3.8 Nautilus Hyosung Corporation
15.3.9 HESS Cash Systems GmbH & Co KG
15.3.10 Fujitsu Ltd.
15.3.11 Euronet Worldwide
15.3.12 Brink's Company
For more information about this report visit https://www.researchandmarkets.com/r/gb6im3
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
View original content:http://www.prnewswire.com/news-releases/global-28-2-billion-atm-market-analysis--forecasts-to-2024-by-solution-screen-size-application-atm-type-region-300906301.html
SOURCE Research and Markets
||ReadyShipper X Shipping Software Helping E-Tailers Overperform Without Breaking a Sweat | Jun 6, 2020
||BlueSnap Integrates with Splitit to Improve the Merchant and Customer Experience on Installment Payments | Jun 6, 2020
||World No Tobacco Day, 31st May: Allen Carr's Easyway Celebrates Helping More Than 50 Million Smokers Worldwide | Jun 6, 2020
||European CEO Magazine Explores COVID-19's Impact on Business Innovation and the Burgeoning Market for Indoor Inspection Drones in the Summer Edition | Jun 6, 2020
||Five Data Breaches that Put Victims at Greater Risk of COVID-19 Scams | Jun 6, 2020
||JCB signs a Strategic Partnership Agreement with TECHFUND for Joint Research on Sustainable Payment System Using Blockchain | Jun 6, 2020
||The Whole Closet Method: Stylebook's co-founder Jess Atkins wants to help make old wardrobes feel like new with her new book | Jun 6, 2020
||PayBright launches new securitization facility for Buy Now, Pay Later offering in Canada | Jun 6, 2020
||The Most Innovative New Ecommerce Platform For Brands: Video Games | Jun 6, 2020
||OpenAP Delivers More Scale for Advertisers with Addition of AMC Networks and The Weather Channel | Jun 6, 2020