Press release
ATM Industry Trends, Statistics, Analysis, Top Venders, Size, Market Share by Manufacturer, and Research Report 2022-2027
The global ATM (Automated Teller Machine) market reached a value of US$ 21.03 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 28.37 Billion by 2027, exhibiting a CAGR of 5.2% during 2022-2027.
The automated teller machine or ATM represents electronic banking equipment that enable consumers to perform basic transactions using debit or credit cards. They can be of numerous types, including conventional or bank ATMs, brown label ATMs, white label ATMs, smart ATMs, cash dispensers, etc. These ATM variants consist of a card reader, keypad, cash dispenser, display screen, and printer and are powered by specialized computer software that is designed to provide several solutions, such as cash withdrawal, cash deposit, fund transfer, etc. They serve as a convenient, quick, and self-serving alternative to traditional bank tellers and ensure a smooth financial transaction round the clock. Consequently, ATM technologies are in high demand among consumers across the globe.
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 increasing urbanization and digitalization in both developing and developed countries is primarily driving the ATM market. Additionally, the development of advanced technologies that offer improved security mechanisms, including biometric authentication and one-time password (OTP) services to avert fraudulent transactions, is also positively influencing the global market. In line with this, the development of Talking ATMs for individuals with special needs is acting as another significant growth-inducing factor.
Moreover, the expanding tourism industry and the emerging trend of utilizing these machines as a hassle-free currency exchange option by international tourists through the innovative Dynamic Currency Conversion (DCC) features are further catalyzing market growth. Apart from this, the rising product usage to reduce the overall workload of bank employees, eliminate human errors for efficient banking operations, and help the consumer to skip long queues for cash transfers and deposits is expected to fuel the ATM market over the forecasted period.
Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/atm-market
Competitive Landscape:
By IMARC group the report has also analyzed the competitive landscape of the market with some of the top atm manufacturers & companies being
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
Must Read the Latest Blog on Top ATM Manufacturers & Companies by IMARC Group: https://www.imarcgroup.com/atm-manufacturers
Key Market Segmentation:
Breakup by Solution:
• Deployment Solutions
o Onsite ATMs
o Offsite ATMs
o Work Site ATMs
o Mobile ATMs
• Managed Services
Breakup by Application:
• Withdrawals
• Transfers
• Deposits
Breakup by Type:
• Conventional/Bank ATMs
• Brown Label ATMs
• White Label ATMs
• Smart ATMs
• Cash Dispensers
Breakup by Screen Size:
• 15" and Below
• Above 15"
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 (2016-2021)
• Market Outlook (2022-2027)
• 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
TOC for the Report:
• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global ATM Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• 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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IMARC Group
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Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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