Ghaziabad, 21 July 2016: ATMs have revolutionized the way we use banking services. It is one of the most important self-service channels of today’s banking sector that serves as a bridge between the financial institutions and its customers. No more an ATM is only a cash dispensing machine. Services offered by ATMs have evolved significantly over the years. It’s an all solution banking window that you can access almost anywhere in the world today.

Azoth Analytics recently released its Global ATM Market report - Global ATM Market – Insights and Analysis: Growth, Penetration and Demand Forecast to 2021 (By Value & Volume: Actual & Forecast By Region & Country; By Region-North America, Europe, APAC; By Country – USA, Canada, UK, China, India; Bitcoin ATMs; Company Analysis; Strategic Recommendations)

This report is a comprehensive study of ATM markets on a global scale with coverage for regional markets as well. All leading companies including large players such as NCR CORP., Diebold Inc., and Wincor Nixdorf etc. are profiled in this report with special highlights on key financials and growth strategies.

This report is beneficial for a range of people, from companies to individuals, from pros to amateurs, this report will shed light on the current state of the global market for ATMs, provide key statistics and give future insights based on expert analysis of raw data by professionals. This report is also beneficial to ATM manufacturers, banking institutions and academicians.

On further discussion on the actual report, official spokesperson for Azoth Analytics said, “ATM market is expected to grow at a CAGR of 5.49% in forecast period of 2016 – 2021 with market somewhat dependent on the machines sold to the banks and to the third party operators globally. The market is expected to grow with increasing customer base of banks along with technological advancements, resulting in more efficient services for both the customers and the banks.”

Growth potential for this market lies majorly with Asia-Pacific region with India and China racing for the top contender. This is due to the fact that ATMs and banking services have still not reached the majority of population in Asia Pacific region.

The spokesperson further added on the topic and said, “India and China collectively hold more than half of the world’s population and have enormous space for this market to grow. Demand for cash is on the all-time high and with right implementations, ATM market can flourish up to and beyond the global standards.”

This comprehensive Global ATM market report can be found at Azoth Analytics.

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Azoth Analytics creates in-depth research reports by recording, interpreting and analyzing information through primary and secondary research. Our strategic market sizing and data dredging techniques include secondary research, interviews with key market players and industry experts and use of industry specific statistical tools which helps in designing and planning effective research for our global and local clients. We provide customized market research reports revealing the hidden truths on different verticals like pharmaceutical, oil and gas, retail, telecommunications, real estate, logistics, energy, healthcare, technology, FMCG, food & beverages and media sectors.