Press release
ATM Managed Services Market Reach to US$ 9,524.8 Mn by 2027 | Fiserv, Inc., FSS Tech, NCR Corporation, TetraLink
According to CMI The Global ATM Managed Services Market was Valued at US$ 6,005.9 Mn in 2019 and is Expected to Reach US$ 9,524.8 Mn by 2027 at a CAGR of 5.9% between 2020 and 2027.ATM Managed Services Market Size, and Forecast 2021-2027, This study was created using a combination of primary and secondary research techniques. Historical and future data were used to create the study. The market's different drivers, threats, opportunities, and restraints are all discussed in this analysis. SWOT and Porter's five forces analysis were performed by analysts to assess the impact of these factors on market growth during the forecast period. Geographic regions, revenue predictions, segmentation, and market share are all examined in depth in the ATM Managed Services research.
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The increasing adoption of modern technologies presents attractive potential for banks and other financial organization's to increase their revenue. Due to advances in technology, fraudsters are increasingly employing techniques such as magnetic stripe skimming, pinhole cameras, and other methods to commit fraud, resulting in an increase in ATM fraud. To reduce fraudulent operations in the market, all banking institutions and ATM operators are focusing on EMV migration.
Adoption and implementation of digitalized technologies such as EVM chip cards and the internet of things (IoT) enable consumers with simple and accessible access to a variety of complicated services such as fund transfers, balance checks, and more. Over the projected period, the market is expected to develop due to an increase in the adoption of digitalized payment solutions.
Key Players: -
Major players operating in the global ATM managed services market include FSS Tech (Financial Software & Systems Pvt. Ltd.), CashLink Global Systems Pvt. Ltd., Automated Transaction Delivery (ATM Worldwide), Fiserv, Inc. (First Data), Electronic Payment and Services Pvt. Ltd., CashTrans, Vocalink, QDS (Quality Data Systems), CMS Info Systems, NCR Corporation, TetraLink, Hitachi Payment Services Pvt. Ltd., LD Systems, Fiserv, Cardtronics.
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Segmentation Of Market -
By ATM Type (Conventional ATM/Bank ATM, White Label ATM, Brown Label ATM, Cash Dispenser, Smart ATM and Others)
By Application (Electronic Journal & Content Management System, ATM Service & Repair (First Line ATM Maintenance, Second Line ATM Maintenance), ATM Deposit Automation, ATM Transaction Processing, Cash Management, Software Maintenance, Cash Reconciliation Services
Overview of the Region -
This research examines the market's size and value at the global, regional, and corporate levels. This study examines historical data and forecasts to determine the overall market size from a worldwide viewpoint. The report's emphasis regions are North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Market participants would benefit from the regional market analysis by better understanding market dynamics in different parts of the world. Players can use these critical insights to help them decide on their growth strategy.
Highlights of Report:
Market Overview: Analysis by type, Applications, Regions and Market Dynamics: Opportunities, Risk with Driving Force
ATM Managed Services Market Competition, by Manufacturer: Manufacturers Profiles, Business Overview, Market Concentration Rate and Competition Trend
ATM Managed Services Market Analysis by Regions :Sales, Revenue and Market Share Growth by Regions
ATM Managed Services Market Segment by Type: Growth and Price, Market Share by Type
Global ATM Managed Services Market Segment by Application: Sales Growth (2021-2027)
ATM Managed Services Market Forecast: Sales, Revenue and Growth Rate (2021-2027)
Five Forces Analysis Key Vendor Analysis
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FAQ-
What will the market size be in 2027 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Coherent Market Insights -
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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