OYSTER BAY, N.Y. — In the new report “Next Generation Financial Kiosks: No Bank, No Card, No Envelope Required,” NextGen Research forecasts global markets for financial kiosks and enhanced ATMs will grow at a compound annual rate of 9 percent to include more than 186,000 financial kiosks and nearly 2.5 million ATMs by 2013, more than half of them installed in the United States.
“The factors driving growth in this sector include consumers’ ever-increasing acceptance of ATMs; their growing comfort with the technology as ATMs grow increasingly ubiquitous; the declining cost of deploying an ATM; and the untapped potential of developing countries that will see soaring deployments,” said Larry Fisher, Research Director for NextGen. “Coupling those factors with the changing dynamics of the consumer payment systems market, it’s clear that kiosks and ATMs make good financial sense to both deployers and users.”
The “Next Generation Financial Kiosk” report provides detail on the market and its outlook, including:
• Market drivers and inhibitors
• Detailed descriptions of self-service financial services applications and services
• An examination of the regulatory and business challenges within this market
• Profiles of leading- and cutting-edge financial kiosk manufacturers and deployers.
NextGen Research is the emerging technology arm of ABI Research. The company informs its clients of the outlook for applications currently in use and the opportunities presented by new technologies.
