Press release
ATM security Market to Reach $32.4 Billion, Globally, by 2032 at 9.2% CAGR | Top Impacting Factors, Growth Opportunities, and Business Strategies | Fujitsu Ltd., NCR Corporation, Euronet USA, LLC, Hitachi, Ltd.
According to the report, the global ATM security industry generated $13.7 billion in 2022 and is anticipated to generate $32.4 billion by 2032, witnessing a CAGR of 9.2% from 2023 to 2032.
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Prime determinants of growth
The rise in ATM-related fraud, including card skimming, cash trapping, and malware attacks, is driving the ATM security market growth. In addition, increasing regulatory compliance for ATM deployment is benefiting the growth of the ATM security market. Further, the demand for automated teller machine (ATM) security and safety devices is anticipated to propel the growth of the ATM security market.
The report offers an in-depth analysis of the market, such as estimates of revenue in the coming years, key segments, factors influencing growth, constraints, and conceivable opportunities. It also includes an assessment of the competitive landscape and regional analysis. This report serves as a valuable resource for industry leaders, stakeholders, new entrants, and brokers, assisting them in developing tactics to showcase market dominance and gain their enterprise goals.
The comprehensive report on the global ATM security Market provides a qualitative and quantitative evaluation of the historical and forecasted market size and share. It includes a thorough review of the research methodology used, including the extraction of primary and secondary data. In addition, it highlights important benefits for stakeholders, identifies the most profitable investment opportunities, describes the most successful strategies, and analyses the impact of the Russian-Ukrainian war. Porter's Five Forces Analysis assists industry leaders in assessing an organization's current competitive strength as well as the position in which competition may move.
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Research Methodology:
The global Atm Security industry was thoroughly researched through a comprehensive approach combining primary and secondary research methodologies. Secondary research provided a broad overview of goods and services, whereas primary research delved deeper into the various factors driving the market. To obtain comprehensive insights into the industry, a meticulous search was undertaken utilizing various sources such as press releases, specialized business periodicals, and government websites. This meticulous research methodology has provided a unique and extensive insight into the global ATM security Market
The Report Provides:
⦁ Assessment of market share at both regional and country levels.
⦁ Analysis of market share for key industry players.
⦁ Strategic recommendations tailored for new entrants.
⦁ Forecasts for all mentioned segments and regional markets over the next decade.
⦁ Exploration of market trends, including drivers, challenges, opportunities, threats, investment opportunities, and recommendations.
⦁ Strategic recommendations specifically focused on the primary business segment within the market forecast.
⦁ Overview of major general trends through competitive landscaping.
⦁ Company profiling with detailed insights into strategy, financials, and recent developments.
⦁ Mapping of the latest technological progress and supply chain trends.
The report on the ATM security Market provides an extensive overview, incorporating a SWOT analysis of major industry players. This includes a detailed examination of business profiles, financial assessments, and a portfolio analysis of their services and products. Additionally, the report highlights the latest market developments, encompassing expansions, joint ventures, and product launches. These insights empower stakeholders to gauge the long-term profitability of the industry.
Key Market Players
Leading Market Players: -
Fujitsu Ltd.
NCR Corporation
Euronet USA, LLC
Hitachi, Ltd.
Diebold Nixdorf, Incorporated
GRGBanking
Oki Electric Industry Co., Ltd.
Hyosung TNS Inc.
Triton
LD Systems
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Competitive Insights:
The ATM security market is segmented into offering, ATM type, application, end user and region. On the basis of offering, it is categorized into software and service. By ATM type, the market is segmented into onsite ATM and offsite ATM. Based on application, the market is divided into fraud detection, security management, anti-skimming, and others. On the basis of end user, it is classified into banks and financial institutions and independent ATM operators. Region wise, the market is analysed across North America, Europe, Asia-Pacific, and LAMEA.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" 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.
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