Atm Market Scope And Analysis

Report Code : TIPTE100000664
Category : Electronics and Semiconductor

Status : Published
No. of Pages : 153

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ATM Market Analysis Report 2019 to 2027

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ATM Market Report Scope

Report Attribute	Details
Market size in 2018	US$ 18.44 Billion
Market Size by 2027	US$ 44.18 Billion
Global CAGR (2018 - 2027)	10.4%
Historical Data	2016-2017
Forecast period	2019-2027
Segments Covered	By Deployment Brown Label ATM White Label ATM Bank Owned ATM By Type Cash Deposit Cash Dispenser Smart ATM
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	CMS Infosystem Diebold Nixdorf Incorporated Euronet Worldwide Inc GRG Banking Equipment Co Ltd Guangzhou KingTeller Technology Co Ltd Hitachi Omron Terminal Solutions Corp NCR Corporation Triton Systems HESS Cash Systems GmbH Co

Type-Based Market Insights

An automated teller machine allows consumers to perform basic transactions using debit or credit cards. It is a system that handles money and performs functions such as cash deposit, cash withdrawal, and fund transfer. The machine involves a card reader, cash dispenser, and a display screen through which relevant account balance information is sent to the user. As compared to traditional bank tellers, today’s ATM, such as smart ATMs, serves as a quick, convenient, and self-serving alternative for a smooth financial transaction. The ATM market, by type, was led by the cash dispenser segment .

The players operating in the ATM market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

In October 2020, NCR Corporation announced the launch of the NCR Activate Enterprise NextGen, NCR’s next-generation ATM software platform that enables banks to deploy customer experiences such as contactless technology and video teller collaboration in a simple manner.
In 2020, Diebold Nixdorf signed a contract to provide 1,800 ATMs to the largest bank in Saudi Arabia and 500 ATMs to a new customer in Egypt. The companies are also paying attention to fortifying their machines against any possible threat of fraud or break-ins.