The ATM market in China has maintained strong growth in the last ten years with the deployed number of ATMs peaking at 520,000 units in 2013, surpassing the number of ATMs deployed in the US and making China the largest ATM market in the world. With an average annual growth rate of 20%, China will continue to have sizable growth in 2014 as China’s number of ATMs installed per million people lags significantly behind developed countries and the number of payment cards served by a single ATM is also far less than the international standard.
Thus, understanding current and future progress in this fascinating market are essential for every player considering entry.
This ATMs in China report, conducted by Kapronasia, offers an in-depth look at the status of the ATM market in China, comprehensive analysis on ATM buyers and manufacturers, as well as future trends from our primary and secondary research.
We hope you find this report as interesting to read as it was for us to research.