Product Type: Market Research Report
Published by: TowerGroup
Published: January 2008
Product Code: R301-1402Description Banks in the United States have been investing in the ATM channel for the last 10 years to replace obsolete equipment and comply with regulatory mandates to make the machine more secure and accessible. The spending shows no sign of slowing, but a shift is occurring in the goals of ATM investment. Banks are focusing on value-added services at the device, such as deposit automation, personalization, and targeted marketing. Capital spending for these services and development of software solutions and continued investment in technology replacement will drive a 5% annual growth rate in US spending from 2006 through 2011, when investments in the ATM channel will reach nearly $6.7 billion.
Table of Contents - Report Coverage
- Background
- Spending on ATMs in the United States
- Exhibit 1 US Banks' Spending on Automated Teller Machines (2006-11P)
- Exhibit 2 US Banks' Capital Spending on Automated Teller Machines (2006-11P)
- How Is Banks' Spending on ATMs Allocated?
- Exhibit 3US Banks' Spending on Automated Teller Machines by Category (2006-11P)
- Exhibit 4 Full Function and Cash Dispenser ATMs vs. New Deposit ATMs in the United States (2006-11P)
- Exhibit 5 US Bank Spending on Automated Teller Machines by Category (2006 vs. 2011P)
- Summary
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