ATM stands for automated teller machine. It is an electronic telecommunications device that enables the customers to perform financial transactions, especially cash withdrawal, without any human interference such as a cashier, clerk, or bank teller. ATM is popular by different names in different countries such as cash machine, automated banking machine, cashpoint, minibank, cashline, bankomat, and so on. In majority of the ATMs, the customer is been identified by inserting a plastic ATM card which consists of a magnetic strip or a smart card with a chip. This chip contains unique card number and security information, which is used for the identification purpose and to avoid fraud cases. Authentication process is done by asking the customer to enter a personal identification number (PIN). Customers are able to access their bank deposit or credit accounts through which they are able to carry out a number of transactions such as cash withdrawals, credit mobile phones, check balances, and so on.
Get a copy of free Sample Report @ https://www.zionmarketresearch.com/sample/atm-market
Changing lifestyles and high standard of people is the major factor boosting the growth of the global ATM market. Introduction of niche types of ATMs such as solar ATMs and smart ATMs in the emerging markets is also another key factor boosting the growth of the global ATM market. Moreover, new innovations in the ATM technology are also influencing the growth of the market owing to the increasing demand from consumers. Furthermore, advantages provided by ATM cards such as no hassles of bank transactions, banking hour constraints, personal attendance of the customers, and paper-based validations is also attributed to increasing demand of ATMs by consumers. On the other hand, some of the major risks associated with ATM machines such as online frauds, thefts, connectivity, and operational issues may hamper the growth of the global ATM market to some extent.
Read TOC of Report @ https://www.zionmarketresearch.com/toc/atm-market
On the basis of solutions, the global ATM market is segmented as deployment solutions and managed services. The deployment solutions segment is further sub-segmented as onsite ATMs, work site ATMs, offsite ATMs, mobile ATMs, and. Based on the type, the global market is segmented as conventional/bank ATMs, white label ATMs, brown label ATMs, cash dispensers, and smart ATMs. Geographically, the global ATM market is segmented as Europe, Latin America, the Middle East and Asia, North America, and Asia Pacific.
Browse detail report @ https://www.zionmarketresearch.com/report/atm-market
Asia Pacific region is anticipated to witness the highest growth owing to new technological advancements in the ATMs. Singapore is one of the Asian countries who offer smart gold ATMs dispensing gold bars, coins, and ingots. In addition, North America is the biggest market for ATM, followed by Europe.
Some major players dominating the global ATM market are Diebold Inc., Wincor Nixdorf AG, NCR Corp., and Triton Systems of Delaware LLC. These major players are anticipated to dominate the global market in the near future.
Pre-Book copy of report @ https://www.zionmarketresearch.com/prebook/su/atm-market
ATM Market: Regional Segment Analysis
Zion Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Market Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Zion Market Research
4283, Express Lane,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651