© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 ATM Market Share to exceed USD 26 billion by 2023: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Increasing penetration in the economically stabilizing economies specifically in the BRIC nations is expected to present potential growth avenues over the forecast timeline. The requirement to cater to growing cash demand in these regions, banks and financing organizations is expected to increase investment. Small value businesses functioning on cash payments, managing low valued transactions through personal budgeting or cash will also catapult the ATM market size.  Technological standards are formulated by Scrutiny Standards Council (SSC), International Organization for Standardization (ISO), European payment council (EPC), American National Standards Institute (ANSI), and Payment Card Industry (PCI). Moreover, the current versions of PCI PIN Security Requirements and PCI PTS POI Security Requirements are the most accepted standards. Key Insights from ATM Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Technological standards are formulated by Scrutiny Standards Council (SSC), International Organization for Standardization (ISO), European payment council (EPC), American National Standards Institute (ANSI), and Payment Card Industry (PCI). Moreover, the current versions of PCI PIN Security Requirements and PCI PTS POI Security Requirements are the most accepted standards.  Card skimming, card trapping, online frauds, and inappropriate network connectivity are the major factors hindering the ATM market share growth. With growing technological advancements, financing organizations have managed to curb these potential threats from malpractices. Continued...

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Application Trends Increasing adoption of banking and financial services amongst consumers would increase the ATM market size over the forecast timeline. Transition of class banking to mass banking would attribute significant industry growth primarily in rural areas owing to growing user interest towards self-service channels. Regional Trends U.S. ATM market share is responsible for a dominant North American revenue base. Replacement of aging machines by financial institutions such as banks, fleet expansion and machine integration capabilities such as video conferencing, biometrics and remote assistance will drive the revenues for the next seven years. Competitive Market Share Smart ATM market will progressively gain popularity to minimize threats and frauds. Companies are investing considerably in new product development and R&D for existing automated teller machines and their expansion. Key players accounting for global ATM market share include NCR, Euronet, Fujitsu, Diebold, GRG Banking, and Hitachi. Strong emphasis is laid on reliability and quality owing to performance requirements. 360° Analysis

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