Sorting Cash Machines Market Analysis, 2018-2033: Increasing Adoption of Smart Machines Globally [Yahoo! Finance]
Walmart Inc. (WMT)
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Source: Yahoo! Finance
The global sorting cash machine market has grown strongly in recent years. It will grow from $1.6 billion in 2023 to $1.68 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth observed during the historical period can be attributed to various factors, including an increased demand for self-service machines, improvements in cash handling efficiency, compliance with regulatory requirements, a rise in demand for cashless transactions, and the adoption of multifunctional ATMs. The sorting cash machine market is expected to see strong growth in the next few years. It will grow to $2.07 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The anticipated growth in the forecast period can be attributed to several factors, including the high adoption of machines within the retail banking sector in emerging economies, the increasing adoption of smart machines globally, the rising popularity of contactless and digital payments, the integration of data analy
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