TechNavio’s analysts forecast the Brazil ATM market to grow at a CAGR of 16 percent over the period of 2010–2014. One of the key factors contributing to this market growth is the rapidly growing spending capacity in Brazil.
TechNavio is the research platform of Infiniti Research, which provides actionable market, strategic, competitive and customer intelligence.
The ATM market in Brazil has also been witnessing an increase in the preference for refurbished ATMs over newer ATMs. However, the high installation cost could pose a challenge to the growth of this market.
TechNavio’s Brazil ATM Market 2010–2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the Brazilian market and covers only the market for ATMs, excluding the market for solutions, services and support for ATMs in Brazil.
Companies referenced in the report include Diebold Inc., NCR Corp., Itautec and Wincor-Nixdorf.