HTML clipboardThe report titled “Asia Pacific ATM Market Outlook to 2015” provides a comprehensive analysis on the total number of ATM terminals installed, total number of ATM cards issued, total number of ATM cash withdrawal transactions, total ATM cash withdrawals, top banks in respective countries in terms of total ATM holdings in that country. The report also discusses major trends and developments in the ATM market, company profile of top hardware and software players, government regulations in respective countries and several alternative payment methods (credit cards, debit cards and POS terminals) across various countries. http://www.bharatbook.com/finance-market-research-reports/asia-pacific-atm-industry-outlook-to-2015.html
The future projections included in the report provide an insight on the prospects in the Asia Pacific and country-wise ATM market. The report covers a detailed coverage on Asia Pacific region encompassing China, India, Australia, Japan and Singapore.
Asia Pacific has been the fastest growing region among the other regions in terms of the total number of ATM terminals installed and total ATM cards issued. Despite the rapid growth in the installations of ATMs in Asia–Pacific, the ATM density per capita is still relatively low in several regions, projecting a great scope for further development of the market in the region. The prospects of the ATM market in Asia Pacific are not only bright in terms of ATM numbers, but also the services offered and technology used.
The total number of ATM terminals installed in Asia Pacific has grown over the period at a 5 year CAGR of ~% from ~ thousand ATMS in 2006 to ~ thousand ATMs in 2011. The total number of ATM cards issued in Asia Pacific has increased from ~ million in 2006 to ~ million in 2010 at a CAGR of ~%.
China is the largest country in Asia Pacific in terms of the total number of ATM terminals installed in the region. The market share of China has considerably increased from ~% in 2006 to ~% in 2011. India is the fastest growing ATM market in the Asia Pacific region with total number of ATM terminals installed increasing from 2006 to 2010 at a CAGR of ~%. Australia showcased a decline in market share from ~% in 2006 to ~% in 2011. Japan portrayed significant decline in the market share from ~% in 2006 to ~% in 2011. The market share of Japan is expected to decrease further due to the rapid growth of India and China’s market.
The ATM market in China is continuously expanding but has not reached the saturation level as yet. The market is expected to witness persistent growth in the coming years. The ATM network is more concentrated in the major cities and urbanized areas as compared to the smaller towns.
The statistic highlights the huge demand and usage of ATM in China. In terms of market share, foreign companies including NCR, Hitachi, Diebold and Wincor Nixdorf still dominate the ATM market of China, with the combined market share exceeding ~%. However, the market occupancy of home grown brands represented by GRG Banking Equipment, Guangzhou KingTeller Technology and Shenzhen YIHUA has increased rapidly since 2006, and reached around ~% in 2010.
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Asia Pacific ATM Industry Outlook to 2015
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