The number of atms installed worldwide grew 3 percent to 33 million in 2016 as in recent years, the vast majority of new atms were installed in asia-pacific, according to the rbr study, global atm market and forecasts to 2022 at a country level, china added by far the most atms in 2016, rbr research finds. The asia-pacific atm market is also analyzed on the basis of geography into china, india, south korea, japan and rest of asia-pacific leading players and their key business strategies have been analyzed in the report to gain competitive insights into the market. In 2014, asia-pacific dominated the global biometric atm market, holding approximately 477% share in terms of revenue increased adoption of biometric authentication system in the atms in countries such as japan, india and china has helped the region to dominate the global market.
The asia-pacific surgical and medical device market is expected to register a cagr growth of 650% over the forecast period of 2017-2026, raising approximately $ 167205 million by the end of 2026. The number of atms installed worldwide grew by 3% to 33 million in 2016 as in recent years, the vast majority of new atms were installed in asia-pacific china still propels atm expansion at a. The crypto atm market for atm printers is expected to grow at the highest cagr by 2023 printer in a crypto atm is an output component it can dispense receipts as per the atm application. Asia-pacific is the world's largest regional atm market, with 12 million machines in operation the markets of south and southeastern asia are expected to be among the fastest-growing globally over the next five years.
The prospects of the atm market in asia pacific are not only bright in terms of atm numbers, but also the services offered and technology used the total number of atm terminals installed in asia pacific has grown over the period at a 5 year cagr of ~% from ~ thousand atms in 2006 to ~ thousand atms in 2011. The asia-pacific market is projected to grow at an estimated cagr of 120% during the forecast period countries, such as india, china, australia, and japan are contributing towards the growth of the atm market in the region. The crypto atm market in apac is expected to grow at a significant rate growing awareness about cryptocurrencies and increasing crypto mining activities are propelling the market growth in apac.
The global atm market is expected to witness steady growth during the forecast period the report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market 831 asia pacific atm market overview 832 asia pacific atm market forecast and analysis 8321 asia pacific. The global automated teller machine (atm) market is expected to reach $2640 billion by the end of 2025, according to a new study on, “2018-2025 atm market global key player, demand, growth, opportunities and analysis forecast”, published by wise guy reports database. Reducing the number of atm deployments in countries including the us, the uk, and germany is expected to challenge the display market growth the high cost of atm systems and increasing number of atm frauds are compelling banks and financial services to reduce the number of atms.
The report “global atm market: industry analysis & outlook (2016-2020)” analyzes the development of this market, with focus on the asia-pacific, americas and emea markets the major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The market for smart atms, followed by white label atms, is expected to register the highest cagr during the forecast period asia-pacific is the most lucrative market in terms of deployment and revenue generation. Apac the dominant region in the global atm market the asia pacific region accounted for a market share of approx half the global atm market in the year 2016 europe was in a distant second place with a market share touching a fifth of the global atm market. Atm market report, published by allied market research, forecasts that the asia-pacific market is expected to garner $79 billion by 2020, registering a cagr of 107% during the period 2015 - 2020.
In view of regions, the atm market consists of north america, asia pacific, europe, and the mea (the middle east & africa) north america dominated in 2014 but will face a decline till 2022 its trend of trading in digital currency has encouraged the adoption of bitcoin atms in the region. The advent of smartphones & next-gen connected technologies enabling safe, easy, & rapid cash access has considerably revolutionized atm market in the recent years with the concept of the internet of things gaining traction and the deployment of mobiles becoming more prominent across the globe, consumers are expecting banks to provide effective, accessible, connected, and. In this report, the asia-pacific atm market is valued at usd xx million in 2017 and is expected to reach usd xx million by the end of 2023, asia-pacific atm market is growing at a cagr of xx% between 2017 and 2023. In asia-pacific, latin america and central and eastern europe, growth in cash withdrawals is expected to outstrip growth in atms between 2013 and 2019, with strong consumer demand for cash in russia, in particular, leading the increase in the latter market.
According to the new research report on the crypto atm market by type (one way and two way), automated teller machine hardware (display, printer, qr scanner), and geography (north america, europe, asia pacific (apac), rest of the world (row) - global forecast to 2023, the market is expected to grow from usd 163 million in 2018 to usd 1445. Atm market report, published by allied market research, forecasts that the asia-pacific market is expected to garner $79 billion by 2020 premium news a cheaper alternative to traditional massage therapy. Asia-pacific atm market overview: asia-pacific atm market is expected to garner $79 billion by 2020, registering a cagr of 107% during the forecast period 2015 - 2020 automated teller machines (atms) have evolved from just cash dispensing machines to multifunctional equipment that provide not only cash withdrawal facilities but offer currency conversions facilities, account information. As of 2015, p&s estimated that asia-pacific dominates the global self-service technology market the region is expected to maintain its dominance throughout the forecast period, with revenue of $168 billion by 2022, the report said.