(EnergyIndustry.Net, November 06, 2015 ) Portland, OR -- Therefore, banks select and deploy ATM machines by examining the locations where a large number of financial transactions would take place per day. Thus, to serve the customers more effectively and provide flexibility in performing financial transactions, ATMs are deployed onsite (bank branch site), offsite (away from bank branch site) and worksite (work places such as IT companies, government offices and others).
Major driving factors for the Asia-Pacific ATM industry are rising demand for automated systems, enhanced security standards, technological advancements and introduction of wireless communicating devices in regions like India, Singapore and Australia. On the other hand, rise in skimming activities of ATM cards and hacking of customers’ personal data and transactional information would act as a restraint for the market. Amongst the different types of ATMs’, the demand for Smart ATMs’ is expected to witness highest growth due to its capability to offer superior security and additional services such as cash back, transfers etc.
The market is segmented as deployment solution and managed services on the basis of type of solution. In accordance to deployment solutions, the market is broadly classified into onsite ATMs, offsite ATMs, worksite ATMs and mobile ATMs. Based on type, the ATM market is segmented as conventional bank ATM, brown label ATM, white label ATM, smart ATM and cash dispensers. Geographically, the Asia-Pacific ATM market is segmented as 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 a competitive insight into the market. Key players covered in the report are NCR Corporation, Diebold Inc., Hitachi-Omron Terminal Solutions Corporation, Nautilus Hyosung, Fujitsu, HESS Cash Systems GmbH & Co. and others.
KEY BENEFITS
Current and future trends adopted by the key market players are highlighted to determine overall competitiveness of the market
Porter’s five forces analysis and SWOT analysis of the key market players are provided to illustrate the business strategies adopted by the buyers and suppliers
The drivers and opportunities are highlighted to describe the top factors responsible for the market growth
Various operating segments of the Asia-Pacific ATM market are carefully analyzed to measure the potential of the market
Quantitative analysis of the market through 2014–2020 is provided to elaborate the market potential
MARKET SEGMENTATION
The market is segmented on the basis of solution, type and country.