“Global ATM Market” report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Global ATM Market by region.
Global ATM Market to reach USD 28.21 billion by 2027. Global ATM Market is valued approximately at USD 20.18 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.9% over the forecast period 2021-2027.
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Convenience, such as easy flow of cash, rising number of transactional benefits and prompt services are pushing the utilization of ATM services. Additionally, growing urbanization, rising education levels, increasing number of bank accounts and government norms to enhance safety of machines are fueling the demand for ATM in the market. For instance, in 2014, government of India launched Pradhan Mantri Jan Dhan Yojana (PMJDY) to increase the financial inclusion in India. Hence, according to India brand Equity foundation, as of February 2021, the number of accounts opened under PMJDY reached 419.3 million. Also, in 2019, Reserve Bank of India mandated banks in India to discontinue the magstripe cards and upgrade to EMV chip cards to enhance protection against scams/ frauds. Furthermore, technological advancements in ATMs to enhance the safety are expected to boost the demand in coming years. However, growing preference for Point-of-Sale machines and rising number of UPI services are expected to restrain the market growth during forecast period. Such as, in November 2020, Whatsapp Inc. launched its mobile payment services in India.
Asia Pacific is dominating the world market among Asia Pacific, North America, Europe, Latin America, and Rest of the World. Also, Asia Pacific is expected to grow at the fastest pace during forecast period, owing to rising deployment of ATMs and growing financial inclusion in the region due to rising population.
Major market player included in this report are:
Diebold Nixdorf
Fujitsu Limited
G4S plc
GRG Banking
Hitachi-Omron Terminal Solutions, Corp. (Hitachi)
NCR Corporation
OKI Electric Industry Co., Ltd.
Guangzhou KingTeller Technology Co. Ltd.
Paycorp Group (Pty) Ltd
Source Technologies (APCT Holdings, LLC)
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Solution:
Deployment
Managed Service
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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List of Factors Covered in the Report are:
Major Strategic Developments: The report abides by quality and quantity. It covers the major strategic market developments, including R&D, M&A, agreements, new products launch, collaborations, partnerships, joint ventures, and geographical expansion, accompanied by a list of the prominent industry players thriving in the market on a national and international level.
Key Market Features:
Major subjects like revenue, capacity, price, rate, production rate, gross production, capacity utilization, consumption, cost, CAGR, import/export, supply/demand, market share, and gross margin are all assessed in the research and mentioned in the study. It also documents a thorough analysis of the most important market factors and their most recent developments, combined with the pertinent market segments and sub-segments.
List of Highlights & Approach
The report is made using a variety of efficient analytical methodologies that offers readers an in-depth research and evaluation on the leading market players and comprehensive insight on what place they are holding within the industry. Analytical techniques, such as Porter’s five forces analysis, feasibility studies, SWOT analyses, and ROI analyses, are put to use to examine the development of the major market players.
Some of the Key Questions Answered in this Report:
- What is the Market dimension at the regional and country-level?
- What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
- What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
- Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
- Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
- What targeted method and constraints are keeping the Market?
- What are the distinct sales, marketing, and distribution channels in the world industry?
- What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
- What are the key market tendencies impacting the increase of the Market?
- Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
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