ATM Managed Services Market 2022 Size, Share, Growth, Analysis, Trends and Forecast 2027

According to IMARC Group's latest report, titled "𝐀𝐓𝐌 𝐌𝐚𝐧𝐚𝐠𝐞𝐝 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗦𝗵𝗮𝗿𝗲, 𝗦𝗶𝘇𝗲, 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 2022-2027", The global ATM managed services market size reached US$ 7.36 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 10.19 Billion by 2027, exhibiting a growth rate (CAGR) of 5.40% during 2022-2027.

Automated teller machine (ATM) managed services, also known as ATM as a service, are comprehensive services offered to numerous financial institutions and banks. Some commonly used ATMs include smart cash dispensers, brown and white labels, and conventional bank ATMs. They provide electronic product delivery, disaster recovery, surcharging options, currency management, full-service adjustment processing, deposit collection, and anti-skimming monitoring facilities.

These services also offer cardless transactions, cash withdrawals and transfers, bill payments, and camera security. In addition, they reduce operating costs, improve customer service, simplify network operation, reduce downtime, provide reliable service and quick response to service call, and enhances overall profitability and performance. As a result, ATM-managed services are gaining traction across the globe.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗳𝗿𝗲𝗲 𝘀𝗮𝗺𝗽𝗹𝗲 𝗯𝗿𝗼𝗰𝗵𝘂𝗿𝗲: https://www.imarcgroup.com/atm-managed-services-market/requestsample

𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐓𝐌 𝐌𝐚𝐧𝐚𝐠𝐞𝐝 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬

The market is primarily driven by the increasing demand for advanced ATM services to manage complex operations such as fund transfer, deposit, and cash withdrawal 24x7 across the globe. In addition, the expanding banking, financial, services, and insurance (BFSI) sector and increasing utilization of enhanced security measures such as biometric and one-time password authentication systems to prevent fraud are contributing to the market growth.

Moreover, various technological advancements, such as the introduction of mobile-based technologies, quicker response (QR) codes, artificial intelligence (AI), blockchain, and the internet of things (IoT) solutions with ATM-managed services, represent another major growth-inducing factor. Besides this, governments of several countries are taking initiatives to promote the uptake of magstripe cards by using Europay MasterCard and Visa (EMV) chips for improved authentication is providing a positive thrust to the market growth. Furthermore, rapid digitizations, the advent of smart ATMs for users with special needs, and strategic collaborations among financial institutions are also creating a favorable market outlook.

𝗖𝗵𝗲𝗰𝗸𝗼𝘂𝘁 𝗡𝗼𝘄: https://www.imarcgroup.com/checkout?id=5841&method=1

𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐓𝐌 𝐌𝐚𝐧𝐚𝐠𝐞𝐝 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 2022-2027 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐧𝐝 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

The competitive landscape of the ATM managed services 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:

AGS Transact Technologies Ltd.
Cardtronics Inc. (NCR Corporation)
CMS Info Systems Ltd.
Diebold Nixdorf Incorporated
Electronic Payment
and Services Private Limited

𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻:

The report has segmented the ATM managed services market on the basis of type, service type and location.

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐀𝐓𝐌 𝐓𝐲𝐩𝐞:

Conventional ATM and Bank ATM
White Label ATM
Brown Label ATM
Cash Dispenser
Smart ATM
Others

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐓𝐲𝐩𝐞:

ATM Replenishment and Currency Management
Network Management
Security Management
Incident Management
Others

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐋𝐨𝐜𝐚𝐭𝐢𝐨𝐧:

Onsite ATMs
Offsite ATMs
Worksite ATMs
Mobile ATMs

𝗔𝘀𝗸 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗳𝗼𝗿 𝟭𝟬% 𝗳𝗿𝗲𝗲 𝗰𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝗿𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/atm-managed-services-market

𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

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

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𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝗦:

IMARC Group
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𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

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This release was published on openPR.