ATM Market Is Vaticinated To Develop Swiftly By 2022 Globally: Grand View Research, Inc.

ATM Market Is Vaticinated To Develop Swiftly By 2022 Globally: Grand View Research, Inc.

New Market Research Reports Title “ATM Market Analysis Size and Segment Forecasts to 2022” Has Been Added to Grand View Research Report Database

The global ATM market is expected to reach USD 24.92 billion by 2022, according to a new study by Grand View Research, Inc. Rising demand for automated wireless communication devices along with growing security standards are estimated to drive the industry.

Enhanced security standards for safer online, and physical financial transactions has led to a significant rise in use of these services. Further, continuation of strict security standards and safer modes of financial transactions are expected to have a substantial impact on the industry growth.

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Automation of the basic financial transactions and technological advancements increasing at alarming rate would increase mobile transcations among the customers. Linkage of ATMs with wiireless devices would facilitate the customers to complete the transcations securely.

Rising competition amongst the banks to increase the penetration, would lead to its huge installation base, thus offering lucrative growth opportunities for the industry. In order to reduce the frauds, manufacturers and financial institutions are opting for anti-skimming, biometric devices, and voice recognition systems.

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Further key findings from the study suggest:

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Grand View Research has segmented the ATM market on the basis of solution and region:

ATM Solution Outlook (Revenue, USD Million, 2012 – 2022)

ATM Regional Outlook (Revenue, USD MillionFree Web Content, 2012 – 2022)




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