Press release
ATM Managed Services Market 2023 | By Size, Key Drivers, Industry Developments, Share, Future Growth Prospects And Forecast To 2032
ATM Managed Services Market
The Business Research Company's ATM Managed Services Global Market Report 2023 identifies increase in debit-card usage as the major driver for the ATM Managed Services market's growth in the forecast period. A debit card is a type of payment card that allows you to make safe and simple transactions online and in person by drawing money. The value of each debit card transaction is deducted straight from the user's connected bank account, whether it is a cash withdrawal from an ATM or an internet payment.
The global ATM-managed services market is expected to grow from $7.73 billion in 2022 to $8.34 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. 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 and affecting many markets across the globe. The market size of global ATM managed services market is expected to reach $11.06 billion in 2027 at a CAGR of 7.3%.
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Major competitors in the ATM Managed Services market are Ags Transact Technologies Ltd., Cardtronics Inc., Diebold Nixdorf Incorporated, Euronet Worldwide Inc., Financial Software & Systems Pvt Ltd.
A key trend in the ATM Managed Services market includes product Innovations. Major companies operating in the ATM managed services market are focused on developing innovative solutions to strengthen their position in the market. For Instance in July 2022, Nautilus Hyosung America, Inc., a US-based cash management and payments platform service provider, launches a suite of products to improve cash management and enable cash-to-digital interactions. The product set comprises the series X METAKIOSK, X10 CASH-IN SIDECAR, and HERO cash dispenser CAJERA CR-E, all of which have superior modular design, convenient and engaging functionality. It is intended for company owners who desire to deliver excellent customer service.
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The ATM Managed Services market is segmented -
• By Type: ATM Replenishment and Currency Management, Network Management, Security Management, Incident Management, Other Types
• By ATM Locations: Onsite ATMs, Offsite ATMs, Worksite ATMs, Mobile ATMs
• By Application: ATM Service, CMS, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the ATM Managed Services market.
The Business Research Company's "Global ATM Managed Services Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The ATM Managed Services Market Include:
1. Executive Summary
2. ATM Managed Services Market Characteristics
3. ATM Managed Services Market Trends And Strategies
4. ATM Managed Services Market - Macro Economic Scenario
5. ATM Managed Services Market Size And Growth
…………………………….
26. Africa ATM Managed Services Market
27. ATM Managed Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The ATM Managed Services Market
29. ATM Managed Services Market Future Outlook and Potential Analysis
30. Appendix
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