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ATM Global Market 2023 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2032 | NCR Corporation, Diebold Nixdorf, Hitachi-Omron Terminal Solutions Corporation, GRG Banking Equipment Co. Ltd., Fujitsu Frontech Ltd
ATM Global Market
As per the ATM market report by The Business Research Company, the increasing consumer usage of ATMs is expected to drive the growth of the ATM market going forward. Customers in many countries select cash as their preferred method of payment due to its convenience. As technology evolves, customers are looking for ways to access cash that are faster, more dependable, safe, and convenient. Customers can bank anywhere, at any time, using ATMs, which are self-service vending devices. ATMs help users save time, money, and effort by lowering transaction costs and increasing accuracy and speed
The global ATM market grew from $35.63 billion in 2022 to $37.07 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The ATM market is expected to grow to $42.44 billion in 2027 at a CAGR of 3.4%.
Read More On The ATM Market Report Here:
https://www.thebusinessresearchcompany.com/report/atm-global-market-report
Major competitors in the ATM market include NCR Corporation, Diebold Nixdorf, Hitachi-Omron Terminal Solutions Corporation, GRG Banking Equipment Co. Ltd., Fujitsu Frontech Ltd., Hyosung Corporation, Forbes Technosys Ltd., Triton Systems of Delaware LLC, HESS Cash Systems GmbH & Co. KG, EuronetWorldwide Inc., Oki Electric Industry Co. Ltd., G4S plc, Nautilus Hyosung Corporation, RapidCash ATM Ltd., and Lipi Data Systems Ltd.
The ATM market is segmented -
• By ATM Type: Location Based ATM, Operation Based ATM
• By Solution: On Site, Off Site, Work Site, Mobile
• By Operation: White Label, Green Label, Yellow Label
• By Application: Withdrawal, Transfer, Deposits
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the ATM market.
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ATM refers to a specialized computer that makes it convenient to manage a bank account holder's funds. An automated teller machine (ATM) is a type of computerized banking terminal that allows consumers to conduct simple transactions without the assistance of a branch operator or teller. ATMs are convenient as they allow customers to do quick self-service operations such as deposits, cash withdrawals, bill payments, and account transfers. Customers can access banking 24/7 through ATMs.
The Table Of Content For The ATM Market Include:
1. Executive Summary
2. Report Structure
3. ATM Mining Market Characteristics
4. ATM Mining Market Product Analysis
5. ATM Mining Market Supply Chain
……..
22. Recommendations
23. Appendix
24. Copyright And Disclaim
The "Global ATM Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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