The global ATM market size is expected to reach US $ 29.29 billion by 2026, with a CAGR of 5.70% in 2021-2026.

SHERIDAN, WYOMING, UNITED STATES, August 23, 2021 /EINPresswire.com/ – Market overview:

According to the latest report of the IMARC group, entitled “ATM market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 ”, the global ATM market size reached US $ 21.00 billion in 2020. Going forward, the market value is expected to reach 29 , $ 29 billion by 2026, expanding at a CAGR of 5.70% in 2021-2026. An automated teller machine (ABM) is an automated teller machine that allows customers to make simple transactions with their credit or debit cards. It manages money and performs various tasks including cash withdrawals, deposits and fund transfers. These machines also help with related operations, such as checking balance and changing PIN code. An ATM includes a card reader, keypad, cash machine, printer, and display screen to show the user their account balance. These machines read the chip on the front and the magnetic strip on the back of the debit / credit card to perform the function requested. ATMs are a faster and more convenient alternative to conventional bank machines and provide a smooth financial transaction experience.

We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.

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Global ATM Trends:

The global ATM market is primarily driven by the growing demand for convenient banking transactions and increasing urbanization in emerging economies. Critical features of ATMs, such as 24/7 cash availability and ease of fund transfers and bill payments, have fueled their widespread adoption around the world. In addition, enhanced security measures including a biometric and one-time password (OTP) authentication Fraudulent transaction prevention systems and the advent of talking ATMs for users with special needs are contributing to the growth of the market. In addition, the growing tourism sector is acting as another major growth driver as many ATMs now offer advanced features, such as dynamic currency conversion (DCC), which enables a smooth currency conversion experience. for international travelers.

Explore the full report with table of contents and list of figures: https://www.imarcgroup.com/atm-market

Key market segmentation:

Competitive landscape:

The competitive landscape of the market has been studied in the report along with the detailed profiles of the major players operating in the market.

Some of these key players include:
• Diebold inc.
• Wincor Nixdorf SA
• NCR Company
• Delaware Triton Systems
• Hitachi-Omron terminal solutions
• GRG Banking Equipment Co. Ltd.
• OKI Electric Industry co. Ltd.
• Nautilus Hyosung Company
• HESS Cash Systems GmbH & Co KG
• Fujitsu Ltd.
• Euronet in the world
• Brink’s company

Breakdown by application:
• Withdrawals
• Transfers
• Deposits

Breakdown by solution:
• Deployment solutions
o Vending machines on site
o Off-site vending machines
o Worksite ATMs
o Mobile ATMs
• Managed services

Breakdown by screen size:
• 15 “and less
• Above 15 “

Breakdown by type:
• Conventional ATMs / banking machines
• Brown brand cash dispensers
• White label ATMs
• Smart ATMs
• ATMs

Breakdown by region:
• North America (United States, Canada)
• Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, others)
• Europe (Germany, France, United Kingdom, Italy, Spain, others)
• Latin America (Brazil, Mexico, others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)

Highlights of the report:
• Market performance (2015-2020)
• Market outlook (2021-2026)
• Impact of COVID-19 on the market
• Porter’s five forces analysis
• Historical, current and future market trends
• Market drivers and success factors
• SWOT analysis
• Market structure
• Value chain analysis
• Complete mapping of the competitive landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

About Us

The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.

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