Global ATM market to near 22 bln by 2020

The global ATM market will expand at a compound annual growth rate of 7.6 percent between 2014 and 2020, to a total of USD 21.9 billion, according to atmmarketplace.com.These are the forecasts of the "Global ATM Market — Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013-2020" report, which was released by global market research company Allied Market Research.The same report indicates that diverse services and offerings in financial transactions are major drivers for the global ATM market. The deployment of ATMs onsite, offsite, and at the worksite, as well as the accessibility to mobile ATMs has facilitated the 24/7 availability of banking services to customers and created an avenue for promotional activities to the banks concerned, the report claims.

Key findings of the study:

    the global market for ATM deployment solutions is gaining momentum with offsite ATMs to provide major growth during the forecast period (2014–2020)    the white label ATM market will grow at a CAGR of 11.3 percent during the forecast period    smart ATMs will be an area of interest, and this technology is expected to grow at the fastest pace

    Asia-Pacific represents the most lucrative market, both in terms of deployment and revenue

    emerging markets will contribute significantly toward the growth of the global ATM market

SOURCE : www.thepaypers.com

About DRI:

With more than 20 years of experience Danesh Rayaneh Iranian Company (trade name : DRI) it now in its third decade of activites in the field of informatics in Iran and hasrecords on  activites in the fields of consultancy supplying mobilizing and supporting different types of Pos machines as well as various types of Printers and Spareparts and accessories and is the exclusive distribitur of Hiti Company in Iran in the field of Card Printers.By taking benefit  from specialty and effective manpower as well as technical facilities and the ability for rapid supporting and cycle of suppliying merchandizes and consumables and fast servicing throughout Iran. Danesh Rayaneh Iranian Company is honored to offer its services with the best quality to ceratain big organizations such as bank and financial and credit institutes. Danesh Rayaneh Iranian Company holding DRI trade name is ready to be granted with agency for certain products associated to providing electronic banking technologies as different types of consumables such as ribbon / rollpaper / Pos/ and various types of banking and home printers as well as other similar products from around  the world to be consumed  in the Iranian offices .

Set Date: Sunday, March 8, 2015