Press release
Next-Gen ATM Market Growth Analysis, Size, Key Insights And Outlook To 2033
Next-Gen ATM Market Growth
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=12646&type=smp
According to The Business Research Company's, The next-gen atm market size has grown strongly in recent years. It will grow from $3.04 billion in 2023 to $3.27 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to increased demand for digital banking solutions, increasing cardless transactions, increased adoption of mobile wallets, increased spending power, increasing disposable income.
The next-gen atm market size is expected to see strong growth in the next few years. It will grow to $4.45 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to increasing demand for tailored services and experiences for customers, increasing efficiency and reduced costs for financial institutions, increasing adoption of smartphones, growing adoption of internet services. Major trends in the forecast period include integration with mobile banking apps, personalized and user-customized experience, api-based architecture, product innovations, and market expansion.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/next-gen-atm-global-market-report
Market Drivers and Trends:
The rise in the value of consumers' purchasing power parity (PPP) is expected to propel the growth of the next-gen ATM market going forward. Purchasing power parity (PPP) represents a prominent macroeconomic statistic that compares various nations' currencies using a basket of goods method. PPP exchange rates are relatively stable over time, unlike market rates which are more volatile and provide a more accurate measure of the relative economic productivity and standards of living between countries than market exchange rates that can help next-gen ATMs make more informed decisions about where to expand their operations. For instance, according to the Energy Information Administration, a US-based primary federal statistical system organization, the purchasing power annual average index value in 2021 is 270.97, while for the year 2022 found to be 292.66. Therefore, the rise in the value of consumers' purchasing power parity (PPP) is driving the next-gen ATM market.
Major players in the next-gen ATM market are creating revolutionary method like strategic collaborations to improve their market share. Strategic collaborations play a pivotal role in advancing the next-gen ATM market by fostering innovation, expanding capabilities, and addressing emerging challenges. For instance, in February 2021, ACI Worldwide Inc., a US-based payment systems company, and auriga spa, a Italy-based software solutions company, Partner to Launch Next-Generation ATM Acquiring and Self-Service Banking Platform. The collaboration integrates ACI's Enterprise Payments Platform with Auriga's Win Webserver, offering improved customer service, centralized ATM security operations, and a consistent consumer experience across channels. The partnership addresses changing consumer demands in the wake of the pandemic, optimizing branch and ATM estates while meeting the growing global demand for advanced ATM capabilities.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Fujitsu Limited, NCR Corporation, AIB Group plc, Diebold Nixdorf Inc., Euronet Worldwide Inc., OKI Electric Industry Co. Ltd., Hyosung Corporation, ACI Worldwide Inc., EZ Energy USA Inc., GRG Banking Equipment Co. Ltd., Bancsource, Hitachi Payment Services Pvt. Ltd., Nautilus Hyosung America Inc., Monex Financial Services Ltd., Invenco Group Ltd., Aevi International GmbH, HESS Cash Systems GmbH, Puloon Technology Inc., Triton Systems of Delaware LLC, Spinnaker International Ltd., Ark Technologies Group, Citywide ATM Inc., Unified Payments Services Ltd., Genmega Inc., Sharenet Inc., Cypress Advantage, TEKchand Pty Ltd.
Next-Gen ATM Market 2024 Key Insights:
• The next-gen atm market size is expected to see strong growth in the next few years. It will grow to $4.45 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%.
• Growing Purchasing Power Parity Drives Advancements In Next-Gen Atm Market
• Strategic Collaborations To Transform Next-Gen Atms
• North America was the largest region in the next-gen ATM market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=12646&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Next-Gen ATM Market Growth Analysis, Size, Key Insights And Outlook To 2033 here
News-ID: 3777132 • Views: …
More Releases from The Business research company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for ATM
ATM Managed Services Market Expands: AI, Cloud & ATM-as-a-Service Drive Transfor …
ATM Managed Services Market size was valued at USD 10.5 Billion in 2024 and is projected to reach USD 16.2 Billion by 2033, exhibiting a CAGR of 5.2% from 2026 to 2033.
What are the potential factors contributing to the growth of the ATM Managed Services Market?
The ATM Managed Services Market is experiencing growth due to several key factors. The increasing demand for cost-effective banking operations is a major driver, as…
Prominent Automatic Teller Machine (ATM) Security Market Trend for 2025: Innovat …
"Which drivers are expected to have the greatest impact on the over the automatic teller machine (atm) security market's growth?
The surge in automated teller machine (ATM) fraud incidents is projected to fuel the expansion of the automated teller machine (ATM) security market in the future. An ATM is a specific type of computerized device that allows individuals to conduct a range of banking activities without requiring human assistance or a…
Global ATM Market by Types(On-site ATM,Off-site ATM,Work Site ATM,Mobile Site AT …
The global ATM market has the potential to grow with xx million USD with growing CAGR in the forecast period from 2021f to 2026f.
Global ATM Market Overview
This market research report consists of a number of sections that provide data on the current state of the market, industry trends, and future prospects. It also includes analysis of key players and their positions in the market. The increasing adoption…
Contactless ATM (Cardless ATM) Market: Industry Future Developments, Competitive …
The Contactless ATM (Cardless ATM) market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status…
Global Contactless ATM (Cardless ATM) Industry Professional Market Size Survey b …
This report also researches and evaluates the impact of Covid-19 outbreak on the Contactless ATM (Cardless ATM) industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Contactless ATM (Cardless ATM) and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.).
Scope of the Report:
The report presents the market outlook for the Indian Phospho Gypsum product from the year 2019…
Global Contactless ATM (Cardless ATM) Market Expected to Witness a Sustainable G …
LP INFORMATION offers a latest published report on Contactless ATM (Cardless ATM) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
This intelligence Contactless ATM (Cardless ATM) Market report by LP INFORMATION includes investigations based on the current scenarios, historical records, and future predictions. An accurate data of various aspects such as type, size, application, and end user have been scrutinized…
