Global ATM Market By Forecast Key Player: Euronet, Diebold, Fujitsu, Hesscash Systems, GRG Banking, Hitachi-Omron Terminals Solutions, NCR Corporation, Nautilus Hyosung, Triton Systems

Market Overview: -

The advent of smartphones & next-gen connected technologies enabling safe, easy, & rapid cash access has considerably revolutionized ATM market in the recent years. With the concept of the Internet of Things gaining traction and the deployment of mobiles becoming more prominent across the globe, consumers are expecting banks to provide effective, accessible, connected, and user-friendly applications for dispensing cash. In a bid to remain competitive in the ATM industry, financial institutions have been making numerous efforts to provide cardless services to their customers through new software installations in automated teller machines that can be accessed via mobiles. This move is slated to bring about a paradigm shift in the ATM market over the years ahead.

The global ATM industry however, is being plagued by frauds such as ATM skimming, that have emerged as a critical issue concern for banking institutions, having caused heavy financial losses in recent times. As per reliable sources, ATM skimming losses in Europe were reported to have risen by 16% in 2015 and are anticipated to increase further over the coming years, which may prove to be a major restraint for the regional ATM market. However, banks have been proactive in combating the same, and are expected to introduce new wireless communication instruments such as smart watches and smart phones & contactless technologies to counter the growing menace of skimming activities.

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Top Key Players: -

Players operating in the ATM market include Euronet, Diebold, Fujitsu, Hesscash Systems, GRG Banking, Hitachi-Omron Terminals Solutions, NCR Corporation, Nautilus Hyosung, Triton Systems, and Tidel Engineering. These companies provide devices to financial organizations, independent deployers, and retailers with finance-oriented self-service characteristics.
Market share calculation in this report is not done based on companies covered in it. The calculation of atm market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

With rapid innovations witnessed in the EMV and NFC card technologies, North America ATM market is forecast to observe a profitable expansion. Most of the banks in the region have made large-scale investments in paperless transactions. Companies partaking in North America ATM industry share, in particular, have been involved in product differentiation, which has significantly aided the transformation of the regional ATM market outlook.

For instance, in 2015, NCR introduced a new ATM, referred as SelfServ 23, in the region to enhance the end-user experience along with cost-reduction related to ATM network operations. The new product offers protection to its consumers against cash trapping, dispenser manipulations, and card skimming activities. Given the technological advancements prevalent in the region, North America ATM industry is likely to chart out a lucrative growth curve ahead.

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Partial Chapter of the Table of Content

Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Definition and forecast parameters
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 ATM industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Solution trends
Chapter 3 ATM Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1 Estimated cost savings from ATM outsourcing
3.4 Technological landscape
3.5 Industry impact forces
3.5.1 Growth drivers
3.5.1.1 Growing demand for ATM automation in the U.S.
3.5.1.2 Technological innovation and replacement demand in Europe
3.5.1.3 High adoption of ATMs in the BRICS countries
3.5.1.4 Need for ATMs as a delivery channel in India
3.5.1.5 Growing adoption of ATMs in Latin America
3.5.1.6 Increasing government initiatives in the MEA region
3.5.2 Industry pitfalls and challenges
3.5.2.1 Developments in electronic transactions
3.5.2.2 Tightening of regulations
3.5.2.3 Increasing incidents of card and ATM fraud
3.6 Growth potential analysis
3.7 Porter’s analysis
3.8 Company market share analysis, 2016
3.8.1 Functionality landscape
3.9 PESTEL analysis
3.10 ATM deployment market share, by functionality
3.10.1 Volume split
3.10.2 Revenue split
3.11 U.S. bank quality ATM vs cash dispensers market share (%)
3.11.1 Volume split
3.12 U.S. national bank ATM market size, 2016 (Volume & Revenue)

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As end-users come across numerous payment alternatives – from cash payments to paying out with the help of ATM cards and mobile wallets to P2P (person-to-person) apps, the evolution of a new payment norm has been observed, with customers adopting an integrated mix of payment choices in the current fragmented payment landscape. Today, banking applications have been witnessing a drastic change as compared to the yesteryears, with consumers requiring 24X7 accessibility to the bank services.

In consequence, ATMs, being the byproduct of banking activities, have emerged as the tangible instruments of the digital banking business enhancing the cash-transaction efficiency and adding toward proficiency in the banking sector. Experts have claimed that the ATM market is going to grow further into a low-cost and high-value physical infrastructure that will empower banking systems to focus more on their other online service channels.

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