ATM Market 2021-2026: Size, Share, Trends, Outlook, Growth, Price, Key Players, Industry Analysis, and Research Report

According to the latest report by IMARC Group, titled “ATM Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global ATM market size reached US$ 21.00 Billion in 2020. Looking forward, the market value is expected to reach US$ 29.29 Billion by 2026, expanding at a CAGR of 5.70% during 2021-2026.

An automated teller machine (ATM) stands for an electronic banking machine that allows consumers to perform transactions using credit or debit cards. It comprises of a card reader, keypad, cash dispenser, printer, a display screen, etc., through which relevant account balance information is conveyed to the user. An ATM is a specialized computer that performs various functions, including cash withdrawal, cash deposit, fund transfer, etc. It also serves as a quick, convenient, and self-serving option for a smooth financial transaction.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global ATM Market Trends:

The elevating levels of urbanization and digitalization in both emerging and developed economies are primarily driving the ATM market. Besides this, the enhanced security mechanisms, such as biometric authentication and One Time Password (OTP) services to prevent fraudulent transactions and the introduction of talking ATMs for individuals with special needs, are further propelling the market growth. Additionally, the expanding tourism industry is escalating the utilization of an ATM, which is acting as another growth-inducing factor. In addition to this, ATMs aid in minimizing the overall workload of bank employees and assist the consumer in skipping long queues for cash transfers and deposits. This, in turn, is projected to cater to the growth of an ATM market over the forecasted period.

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/atm-market

Key Market Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Diebold Inc.
• Wincor Nixdorf AG
• NCR Corporation
• Triton Systems of Delaware
• Hitachi-Omron Terminal Solutions
• GRG Banking Equipment Co. Ltd.
• OKI Electric Industry co. Ltd.
• Nautilus Hyosung Corporation
• HESS Cash Systems GmbH & Co KG
• Fujitsu Ltd.
• Euronet Worldwide
• Brink's Company

Breakup by Application:
• Withdrawals
• Transfers
• Deposits

Breakup by Solution:
• Deployment Solutions
o Onsite ATMs
o Offsite ATMs
o Work Site ATMs
o Mobile ATMs
• Managed Services

Breakup by Screen Size:
• 15" and Below
• Above 15"

Breakup by Type:
• Conventional/Bank ATMs
• Brown Label ATMs
• White Label ATMs
• Smart ATMs
• Cash Dispensers

Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:
• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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This release was published on openPR.