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ATM Security Market by Type, Industry Vertical, Regions: : Global Opportunity Analysis and Industry Forecast, 2020–2027

10-05-2020 03:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Analytics LLP

/ PR Agency: Allied Analytics LLP
ATM Security Market by Type, Industry Vertical, Regions: :

The demand for automated teller machine (ATM) security and safety devices is growing and is expected to grow, owing to rise in cyber-crimes and ATM skimming. ATM machines had always been targets of cyber fraud, theft, and other security breaches. These machines are enforced with high-security safeguards, owing to large threat of theft of cash from them. Different safety measures in ATMs include on-line pin validation, off-line pin validation, data authentication software, cameras inside ATMs, and cryptographic hardware module. These devices usually work on the basis of encrypted data.

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Increase in demand for ATM security, rise in data breaches, increase in robbery attempts, and growth in security concerns from physical thefts are the major factors that drive the ATM security market. However, higher operational costs and increase in adoption of cashless and digital transactions are expected to hinder the ATM security market growth.

Countries having future potential of ATM installations such as Indonesia, China, UAE, India and Qatar are more likely to adopt new safety software and hardware systems during the forecast period.

Read Full Research Report: https://www.alliedmarketresearch.com/atm-security-market-A06945

Key benefits of the report:

-This study presents the analytical depiction of the global ATM security market along with the current trends and future estimations to determine the imminent investment pockets.
-The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the ATM security market share.
-The current market is quantitatively analyzed from 2020 to 2027 to highlight the ATM security market growth scenario.
-Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
-The report provides a detailed ATM security market analysis based on the present and future competitive intensity of the market.

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Top Key Players:
Major players analyzed include: NCR Corporation, Fujitsu Limited, Diebold Nixdorf, Incorporated, Euronet Worldwide Inc., GRG Banking Equipment Co., Ltd., Hess Cash Systems GmbH & Co. Kg, Hitachi-Omron Terminal Solutions Corporation, and Nautilus Hyosung

Related Articles:
Crypto ATM Market: https://www.technoinnovationz.com/2020/07/21/crypto-atm/

Payment Card Market: https://www.technoinnovationz.com/2020/07/17/payment-cards/

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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