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Cash counters are widely used by the BFSI sector to count the cash deposited in the bank by account holders or for making any kind of transactions. The machines are primarily used in places where huge money transactions are involved daily. ATM machines also have inbuilt cash counter systems to determine the amount of money or currency being deposited by customers.
With the increasing number of bank branches in emerging countries, the market for cash counters is expected to have a positive outlook over the coming years. Retail banking channels like the brick-and-mortar branches have faced the impact of digitization in the BFSI sector in developed economies, but the scenario is strikingly different in emerging economies. Banks in emerging countries like India and China are opening new branches to target the population that does not have access to banks. This is expected to increase the demand for cash counters in the APAC region over the next four years.
Market Analysis and Insights: Global Cash Counter Market
The global Cash Counter market is valued at US$ XX million in 2019. The market size will reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.
Global Cash Counter Scope and Market Size
Cash Counter market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Cash Counter market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Single Pocket
Double Pocket
Segment by Application
Casino
Retail
BFSI
By Company
Giesecke & Devrient
Glory Global Solutions
Royal Sovereign
Billcon
Cassida
Cummins Allison
Liaoning Julong Financial Equipment
Laurel Bank Machines
Semacon
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
With the increasing number of bank branches in emerging countries, the market for cash counters is expected to have a positive outlook over the coming years. Retail banking channels like the brick-and-mortar branches have faced the impact of digitization in the BFSI sector in developed economies, but the scenario is strikingly different in emerging economies. Banks in emerging countries like India and China are opening new branches to target the population that does not have access to banks. This is expected to increase the demand for cash counters in the APAC region over the next four years.
Market Analysis and Insights: Global Cash Counter Market
The global Cash Counter market is valued at US$ XX million in 2019. The market size will reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.
Global Cash Counter Scope and Market Size
Cash Counter market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Cash Counter market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Single Pocket
Double Pocket
Segment by Application
Casino
Retail
BFSI
By Company
Giesecke & Devrient
Glory Global Solutions
Royal Sovereign
Billcon
Cassida
Cummins Allison
Liaoning Julong Financial Equipment
Laurel Bank Machines
Semacon
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
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