LONDON, Nov. 28, 2016 /PRNewswire/ -- About Cash Counter 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. Technavio's analysts forecast the global cash counter market to grow at a CAGR of 5% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global cash counter market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of cash counters by the vendors in this market. The average price of cash counter has been taken into consideration for estimating the market revenue. The market is divided into the following segments based on geography: - Americas - APAC - EMEA Technavio's report, Global Cash Counter Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors - Giesecke & Devrient - Glory Global Solutions - Royal SovereignOther prominent vendors - Billcon - Cassida - Cummins Allison - Liaoning Julong Financial Equipment - Konyee Group - Laurel Bank Machines - Semacon Market driver - Growing number of bank branches in emerging economies. - For a full, detailed list, view our report Market challenge - Increase in cashless payments through debit and credit cards.