Europe ATM Industry Outlook to 2015
19-Jul-2012 | General Article (Non-News)
HTML clipboardThe report titled “Europe 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/europe-atm-industry-outlook-to-2015.html
The future projections included in the report provide an insight on the prospects in the Europe and country-wise ATM market. The report covers a detailed coverage on Europe region encompassing the UK, Germany, Spain, France and Italy.
Europe is also a matured market for the ATM industry offering less scope for the growth of ATM usage in the region. Recently, numerous financial institutions are migrating to the EMV smart chip technology. ATM deployers are also installing additional security measures and modern technology to stop ATM cash frauds and physical attacks in the region.
ATM linked fraud incidents have been increasing over the years and showed a ~% increase in Europe from 2010. The considerable increase in the number of fraud incidents in Europe can be attributed to the rise in cash trapping incidents which accounted for ~% of the total ATM fraud incidents in the region. There were ~ cash trapping incidents in 2011 which grew by a remarkable ~% from mere ~incidents in 2010
Europe ATM industry has exhibited marginal growth over the period regarding the number of ATMs installed. The total count of ATMs installed in Europe grew from ~ thousand in 2006 to ~ thousand in 2011. The number of ATMs installed in 2010 showcased a marginal decrease of ~% from ~ thousand ATMs installed in 2009. The number of ATM cards issued in Europe presented a growth at a 5 year CAGR of ~% to record ~ billion issued cards in 2011.
The total ATM cash withdrawal transactions in the UK grew consistently till 2009 and then declined by ~% in 2010 to record ~ billion transactions that year and by ~% in 2011 to further decline to ~ billion transactions. The total cash withdrawn over the years showed growth in 2007 and 2010. The total cash withdrawn in the UK declined in 2008 and 2009 due to the economic crisis which resulted in conservative approach to spending.
UniCredit holds ~% market share in Germany in terms of the total number of ATMs installed in the country. This bank accounts for around ~ATMs around the country. UniCredit is a major European financial institution based in Italy. This banking institution operates in around ~ countries. Deutsche Bank accounts for around ~ ATMs installed in Germany commanding ~% share of the total market. This bank operates in over 70 countries.
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Europe ATM Industry Outlook to 2015
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