(PRWEB) July 18, 2014
A decade before, ATM machines were a mere cash dispenser, but today ATMs have become the statement of technological advancements of the financial institutions. The ATM has evolved through the years into a strong business advantage for banks and has allowed financial institutions to provide their customers with a convenient way, round the clock, to carry out varying transactions including withdrawal of funds, account deposits, and balance updates. The most recent additions include bill payment, travel booking, and mobile ATMs. Although ATMs are convenient to use, there are disadvantages associated with them like theft risks, operational issues and fiscal planning issues.
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Countries like India, China and Brazil are witnessing huge opportunity in the ATM market. Other regions like the Middle East and Africa (MEA) is one of the fastest growing ATM market. The mature markets like the US and the UK have large ATM installed base but a very slow growth has been observed.
Advancements in technologies and the increasing trend of automation and security standards, ATM hardware and wireless communication are likely to boost the growth of ATM market. Managing the ATM frauds and crimes has been a major concern of the worldwide ATM market.
The report analyzes the global ATM market and also provides detailed information regarding the key regional markets like the UK, the US, China, India, Brazil and Middle East and Africa. It discusses the various trends and drivers of the ATM market. The three top players operating in this market are NCR Corporation, Diebold Inc. and Wincor Nixdorf, which have been profiled with a discussion of their key strategies for growth.
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Table of Content
1. Market Overview
1.1 Electronic Payments
1.2 Overview of ATMs
2. Global ATM Market
2.1 Market Size
2.2 ATM Penetration Rate
2.3 Developed vs Emerging Markets
2.4 The US
2.7 The UK
3. Market Dynamics
3.1 Market Drivers
3.1.1 Demand from Emerging Markets
3.1.2 Economic Growth 33
3.1.3 Rise in Automated Deposit Technology ATMs
4. Competitive Landscape
4.1 Global Market
4.2 The US
4.3 Middle East & Africa
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