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Global ATM Market Report: 2010 Edition
Koncept Analytics, Oct 2010, Pages: 43
The ATM machine, which was once a mere cash dispenser, has metamorphosed into multi-purpose machine, offering various services like mobile charging, booking tickets, bill payments, and many more. Also to facilitate easy banking, mobile vans with Automatic Teller Machines are parked in specific areas.
The ATM shipments include replacements as well as the new installations, with ATM replacements constituting the major share. Also, in the recent years, there has been a growth in the number of off premise ATMs as they provide flexibility and convenience to the customers to access ATMs without having to look out for the bank branches.
The mature markets like US, Canada, Europe and Japan, have large ATM installed base but a very slow growth rate. On the other hand, the developing markets like China and India do not have strong installed base, but offer strong opportunity for growth in future. The US has been the largest ATM market worldwide, but in the coming years, China is expected to surpass the US to the top list.
The emerging economies, improving technology and the increasing trend of people to move towards self service devices, are likely to boost the growth of ATM market. Managing the ATM frauds and crimes has been one of the major concerns of the worldwide ATM market. Also, the ATM industry has been moving towards being more environment friendly by consuming minimum possible energy and reducing its impact on the environment.
The report analysis the ATM market on a global scale and it also provides detailed information regarding the key regional markets, Europe, US, China, India and Australia. The report discusses the various trends and drivers of the ATM market. The three top players NCR Corporation, Diebold Inc. and Wincor Nixdorf are profiled in the report mentioning their strategies for growth.
By combining SPSS Inc.'s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
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