The global ATM market has been growing at significant rate in the last few years. With a simple card, an ATM allows its user to make monetary transactions irrespective of geography and time. A customer can perform a transaction by inserting by entering a PIN or a personal identification number of a CVV number, card’s expiry date, and its 3D security pin in case of an online transaction. All of these numerical combinations are unique to every ATM card, and thus unique to every ATM user.
Transparency Market Research’s report on ATM market provides a wealth of knowledge about the market dynamics, current trends, and the forecast for the coming years. The ATM market report gives its readers a comprehensive outlook on the market. These reports have been written by expert industry analysts and thus contain a worthy perspective of the market. To identify the factors affecting the market, the report is written with a SWOT analysis and a Porter’s five forces analysis. Both these tools will help the readers know the strengths, weaknesses, opportunities, and threats the ATM market faces in absolute depth.
The last segment of the report also provides its readers with company profiles of some of the important players in the ATM market.
Overview of ATM Market
ATM is an abbreviation for automated teller machine, which also popularly known as cash point, cash machine, cash line, or automated banking machine. Since the inception and introduction of ATM in the banking system, its market has only grown by leaps and bounds. The major factors driving the ATM market are the ease with which it allows its users to make cash transactions, withdrawals, check their balances, and make purchases both, online and offline. An ATM is also popularly used by foreign travelers as it allows them easy conversion of money in the required currency. As the ATM market allows a possibility of traveling cashless, it creates a chance for safety and security.
However, the ATM market does face its own set of challenges. As the ATM card can be misused if it is not secured by a PIN. Additionally, sometimes ATM transactions dispense extra cash causing a loss to the bank. An ATM card can also be tampered with, which further leaves room for scams, frauds, and thefts.
The report perfectly analyzes the market drivers and restraints for its readers. It also segments the market based on geographical market share. It states, North America is the biggest market share holder for ATM markets, which is then followed by Europe.
Companies Mentioned in ATM Market Research Report
Some of the important players profiled in this report are Wincor Nixdorf AG, Diebold Inc, Triton Systems of Delaware LLC, NCR Corp., and among others. These players have been dominating the global ATM market for many years and are most likely the ones to impact it in the near future.
Major geographies analyzed under this research report are:
- North America
- Asia Pacific
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements in the micro servers industry
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments