Industry Trends, Share, Size, Growth, and Forecast – Stillwater Current
According to the latest report from the IMARC group, entitled âATM Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026, “ the size of the global ATM market reaches US $ 21.00 billion in 2020. Looking ahead, the market value is expected to reach $ 29.29 billion by 2026, with a CAGR of 5.70% in 2021-2026.
An automated teller machine (ABM) refers to an electronic banking machine that allows consumers to complete basic transactions using credit or debit cards. It is a specialized computer that manages money and performs many functions including withdrawing cash, depositing cash, transferring funds, etc. An ATM usually consists of a card reader, keypad, cash dispenser, printer, display screen, etc. Unlike traditional bank machines. , ATMs are practical, quick and selfish alternatives for smoother financial transactions.
We regularly monitor the direct effect of COVID-19[female[feminine on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
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Global ATM Trends:
The increasing levels of digitization in the BFSI industry are among the major factors driving the ATM market. With this in mind, ATMs are gaining popularity around the world due to several key features, such as 24/7 cash availability, fund transfer arrangements, bill payment facilities etc. which further propels the market growth. In addition, the growing incorporation of various security mechanisms, including biometric authentication and one-time password (OTP) services, to provide better protection against fraudulent transactions, is also increasing the demand for products. On top of that, the introduction of talking ATMs for people with special needs is acting as another growth factor. In addition, the expanding tourism industry, where these machines are used by international tourists for fast and convenient currency exchange through dynamic currency conversion (DCC), is expected to propel the ATM market over the years. forecast period.
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Key market segmentation:
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 AG
- RCN 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:
Breakdown by solution:
- Vending machines on site
- Offsite vending machines
- Worksite ATMs
- Mobile ATMs
Breakdown by screen size:
- 15 â³ and less
- Above 15
Breakdown by type:
- Conventional ATMs / banking machines
- Brown brand cash machines
- White label ATMs
- Smart 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.
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