Press release
ATM Market share to hit $26bn by 2023
The industry report “ATM Market Size By Solution (Deployment [Onsite, Offsite, Worksite, Mobile], Managed Services), Industry Analysis Report, Regional Trends, Application Potential, Competitive Market Share & Forecast, 2016 - 2023”, Expanding financial service industry along with growing transactional security concerns will stimulate ATM market share over the coming years of 2016 to 2023.The banking sector is significantly adopting ATM services to save transaction time during cash deposit/withdrawals, passbook printing, cash counter enquiries, etc. This, in turn, will generate escalating demand for ATM machines over the coming timeframe. According to Global Market Insights, Inc., “Global ATM market size worth USD 12.5 billion in 2015, is estimated to register a CAGR of 9.8% over the coming six years.”
Request for a sample of this research report @ http://bit.ly/2kRUZeH
Moreover, expanding smartphone industry will create a notable scope for global ATM market, owing to the rising adoption of mobile-based cash withdrawal. The developing economies will play a prominent role towards the industry growth over the coming years, attributed to the growing need for financial inclusion across countries such as India, etc.
Some of the renowned global entities such as federal reserve system, reserve bank, and European Union are willing to install security devices and standards to reduce the number of frauds, which, in turn, will boost ATM industry size. Banking and financial sector is expected to generate lucrative opportunity for ATM market over the coming years of 2016 to 2023.
ATM solution market is mainly segmented into two types- deployment and managed services. Deployment solutions dominated the ATM industry share by accounting for 70% of the total industry volume in 2015 and is predicted to exhibit an annual growth rate of 9.4% over the period of 2016 to 2023. The growth can be attributed to its growing demand across the banking sector, owing to its flexibility and easiness while withdrawing cash. Additionally, expanding IT industry will further boost the deployment solutions market size.
Managed services ATM market is anticipated to show an eye-catching growth over the coming years, driven by its increasing need for financial institutions. The benefit offered by managed services like low operational cost will increase profitability and reduce investment for financial institutes, thereby driving ATM market size noticeably.
Make an inquiry for buying this report @ http://bit.ly/2kp9dFg
Taking into account the geographical trends, North America ATM market share will dominate the global landscape, owing to the huge number of replacement of aging machines by financial institutions such as fleet expansion, banks as well as machine integration capabilities enlisted as biometrics, remote assistance, and video conferencing. The U.S. will contribute significantly towards the regional growth.
The growing number of installations of ATM machines across the globe will boost the worldwide ATM industry share over the coming time. Europe ATM market size is projected to register an annual growth rate of 8.9% over the coming six years. Furthermore, Asia Pacific ATM market is predicted to grow significantly, owing to the increasing demand for automated teller machines across this region. India will become a major revenue pocket for APAC ATM industry share, due to growing trends towards cashless India in the future.
Market participants are looking to invest heavily in R&D and new product development to expand their business over the coming years. NCR Corporation, Diebold Corporation, Fujitsu, Hitachi, Euronet Worldwide, and GRG Banking are some of the notable industry players.
Browse key industry insights spread across 70 pages with 31 market data tables & 28 figures & charts from this report Automated Teller Machine (ATM) Market in detail along with the table of contents:
http://bit.ly/2kVWkSt
ATM market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2023, for the following segments:
Automated Teller Machine Market By Solution
• Deployment
• Onsite ATM
• Offsite ATM
• Worksite
• Mobile
• Managed Services
The above information is provided on a regional basis for the following:
• North America
• Europe
• Asia Pacific
• South America
• MEA
Website: https://www.fractovia.org
Fractovia.org is one of India's leading in-house and free news portal. It is fully automated, and operates on a constant premise, interfacing with news sites and offering redesigned breaking features to readers across the globe. Our mission is to offer individuals opportunities for connections with news writers and distributors which they can pursue. We operate by mapping articles pertaining to breaking news, constantly and progressively, against a pre-determined word-based theme, offering important connections to readers and clients, as well as distributers.
29L Atlantic Avenue,
Suite L 105, Ocean View,
Delaware 19970
United States
Toll Free: 1-888-689-0688
Email: sales@fractovia.org
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release ATM Market share to hit $26bn by 2023 here
News-ID: 438156 • Views: …
More Releases from fractovia.org
Non-alcoholic Beer Market Key Players are Heineken, Suntory, Bernard Family Brew …
Owing to a worldwide escalation in the preference for low liquor content beverages, the non-alcoholic beer market size has proliferated at an outstanding pace over the past decade. This has been complemented with the fact that the disposable incomes among the global middle-class population have shot up which has further provided a commendable boost to the overall non-alcoholic beer industry. The rising consolidation and maturation of this business space can…
Food Protein Ingredients Market key players are ADM, Cargill, DuPont, Bunge, Mea …
Food protein ingredients market has lately witnessed a profitable trajectory, pertaining to the changing relationship of consumers with food due to increasing urbanization and greater disposable incomes. Taking the rapidly increasing global populace into consideration, which incidentally according to the UN, will surpass 9.5 billion, it is rather obvious that consumption patterns will undergo an eventual change. With the changes that will follow in the dietary preferences, experts anticipate food…
Food Enzymes Market Trends 2018 with Key Players of this Industry are BASF, DSM, …
Danish food enzymes market major Chr. Hansen, has recently announced that it will be expanding its West Allis plant that produces enzymes that are freeze-dried and shipped all over the world. The enzymes go into yogurt, cheese, and other food, as well as in animal feed, baby formula, probiotic supplements, and natural dyes. Allegedly, this latest expansion by Hansen to increase the production capacity and add new capabilities to its…
Dental Osseointegration Implants Market Major Key Players are Zimmer Biomet, Str …
Having already experienced monetary returns from a slew of imperative collaborations since the last few years, osseointegration implants market has now observed yet another partnership that would help increase its overall remuneration. The reputed American producer of dental equipment consumables, Dentsply Sirona has recently announced a partnership with Zephyr Sleep Technologies.
Request for a sample of this research report @ https://www.fractovia.org/request-sample/642
This alliance has been apparently aimed at generating potentially new…
More Releases for ATM
Prominent Automatic Teller Machine (ATM) Security Market Trend for 2025: Innovat …
"Which drivers are expected to have the greatest impact on the over the automatic teller machine (atm) security market's growth?
The surge in automated teller machine (ATM) fraud incidents is projected to fuel the expansion of the automated teller machine (ATM) security market in the future. An ATM is a specific type of computerized device that allows individuals to conduct a range of banking activities without requiring human assistance or a…
Global ATM Market by Types(On-site ATM,Off-site ATM,Work Site ATM,Mobile Site AT …
The global ATM market has the potential to grow with xx million USD with growing CAGR in the forecast period from 2021f to 2026f.
Global ATM Market Overview
This market research report consists of a number of sections that provide data on the current state of the market, industry trends, and future prospects. It also includes analysis of key players and their positions in the market. The increasing adoption…
Contactless ATM (Cardless ATM) Market: Industry Future Developments, Competitive …
The Contactless ATM (Cardless ATM) market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status…
Global Contactless ATM (Cardless ATM) Industry Professional Market Size Survey b …
This report also researches and evaluates the impact of Covid-19 outbreak on the Contactless ATM (Cardless ATM)industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Contactless ATM (Cardless ATM)and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.).
Scope of the Report:
The report presents the market outlook for the Indian Phospho Gypsum product from the year 2019…
Global Contactless ATM (Cardless ATM) Market Expected to Witness a Sustainable G …
LP INFORMATION offers a latest published report on Contactless ATM (Cardless ATM) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
This intelligence Contactless ATM (Cardless ATM) Market report by LP INFORMATION includes investigations based on the current scenarios, historical records, and future predictions. An accurate data of various aspects such as type, size, application, and end user have been scrutinized…
China Automatic Teller Machine (ATM) Market Segments CRS, VTM, ATM, STM and 11 A …
Since 1985 when the first ATM was deployed in China, ATM installation has been on the rise. By the end of 2018, the ownership of bank self-service equipment had reached 1,110,800 units in China, presenting a year-on-year upsurge of 15.6%, with 7.99 units per 10,000 people, up 15.03% over the previous year. As estimated, the ownership will exceed 2.1 million units in 2025.
Get Discount on China Automatic Teller Machine (ATM)…
