News

Report provides snapshot, forecast for China's ATM market

September 20, 2012

Research and Markets has announced the addition to its catalog of a new report, "Analyzing the Market for ATMs in China," produced by India based research and consulting firm Aruvian's R'search.

The report presents a profile of one of the most important emerging markets, and the second largest ATM market in the world. Among the report's findings:

The demand in the Chinese ATM market remains robust, with a nearly 25 percent increase in ATMs between 2010 and 2011. 

The top five ATM suppliers in the Chinese market are Diebold, GRGBanking, Hitachi, NCR and YH. These top five companies represent 70 percent of total sales volume. 

Due to the increased competition from local players, Foreign vendors are consistently experiencing decline in market share.

Product quality is the key factor to win the trust of big state-owned banks in China.

The analysis of the ATM market in Asia Pacific includes an industry profile, industry size analysis, industry segmentation and market outlook till 2015. 

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