Press release
ATM Software Market : Global Opportunity Analysis and Industry Forecast, 2023-2032
ATM Software Market
โก๏ธ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ & ๐๐๐ : https://www.alliedmarketresearch.com/request-toc-and-sample/A08278
This ensures maximum ATM response time and differentiates ATMs with new goods and services offered to customers. The software enables an administrator to track an ATM network and detect problems at an early stage with predictive analytics. ATM software provides greater security to machine by providing authentication services to verify user and provide real-time notification in detecting suspicious activities.
COVID-19 scenario analysis:
During the lockdown, safety has been the main concern. In the UK, regular levels of visit to ATMs has declined due to staying in the home regulations.
Several banks in India have introduced mobile ATMs to safeguard public to reduce probability of virus transmission in ATMs.
The U.S National ATM Council and various regulators across the globe have updated ATM laws and introduced safety measures.
Overall, during the pandemic, less frequent visits and larger withdrawals are observed. Moreover, smaller number of ATM deployments have led to less number of ATM software adoptions.
โก๏ธ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ ๐จ๐๐๐๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐ฉ๐๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ : https://www.alliedmarketresearch.com/request-for-customization/A08278
Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis:
Increase in demand for essential self-service ATM software among end users and surge in demand for self-service ATM software in various financial sectors drives growth of the ATM software market. In addition, ongoing modernization in older ATM software and surge in awareness about benefits of multivendor ATM software fuels growth of the market. However, higher maintenance costs hinder growth of the market. Furthermore, rapidly evolving banking environments and integration of new technologies such as contactless payments, QR codes and touch screens is expected to provide lucrative opportunities for the market.
The global ATM Software Market trends are as follows:
Artificial Intelligence (AI) acts as a major trend for the industry
Apart from traditional functions like dispensing cash and payment processing, ATM technology is evolving to utilize machine learning to deliver greater efficiency and security. Furthermore, ATM software helps to track back the level of mechanics, working patterns related to sensors, machine operation, and other discrete information that demonstrate how well a system operates and streamlines service operations, and forecasts difficulties and machine behavior. In addition, major players in the market are providing AI based ATM software, which helps in streamlining the process. For instance, Diebold Nixdorf and IBM, which are major financial technology companies, now offer ATM software with embedded AI.
New facial recognition technology for ATMs:
Diebold Nixdorf, one of the leading producers of ATMs across the globe, partnered with Samsung to illustrate a card less ATM, which uses facial recognition, coupled with NFC technology for authentication of users. Users are then issued an encryption notice on their mobile devices via facial recognition. Samsung believes it might result in higher customer satisfaction as it alleviates need for a physical card with the need to remember a PIN.
โก๏ธ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ :
https://www.alliedmarketresearch.com/purchase-enquiry/A08278
Key benefits of the report:
This study presents the analytical depiction of the global ATM software market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global ATM software market share.
The current market is quantitatively analyzed to highlight the global ATM software market growth scenario.
Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed market analysis based on the present and future competitive intensity of the market.
ATM Software Market Report Highlights
Aspects Details
By Component
Software
Service
By Type
Maintenance software
ATM security
Others
By Deployment Model
On-Premise
Cloud
By Enterprise Size
Large Enterprise
Small & Medium Enterprises (SMEs)
By Application
Fraud detection
Security management
Anti-skimming
Bill processing
Compliance
Others
By End User
Banks & Financial Institutions
Independent ATM Deployer
By Region
North America (U.S., Canada)
Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
โก๏ธ๐๐ฎ๐ฒ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ๐๐ ๐๐ซ๐ข๐๐ @
https://www.alliedmarketresearch.com/checkout-final/97ae83e6a5fb77bf37bc3f774dec5741?utm_source=AMR&utm_medium=research&utm_campaign=P19623
Key Market Players
TE Connectivity Ltd, Adlink Technology Inc., NXP Semiconductors, Hewlett Packard Enterprise Co., Microchip Technology Inc., Nexcom International Co., Ltd., Huawei Technologies Co., Ltd., Dell Technologies, Texas Instruments Incorporated, Aaeon Technology Inc.
โก๏ธ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ๐๐ ๐๐ซ๐ข๐๐:
Embedded Banking Market https://www.alliedmarketresearch.com/embedded-banking-market-A283373
Cross-border Payments Market https://www.alliedmarketresearch.com/cross-border-payments-market-A288119
Insurance Claims Services Market https://www.alliedmarketresearch.com/insurance-claims-services-market-A09995
Crime Insurance Market https://www.alliedmarketresearch.com/crime-insurance-market-A07433
Equipment Finance Services Market https://www.alliedmarketresearch.com/equipment-finance-services-market-A315472
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