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Pulished Date August, 2021
ID: 11991
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Automated Teller Machine (ATM) Market Research Report – Segmentation By Type (Conventional ATM, Brown Label ATM, White Label ATM, Smart ATM, Cash Dispensers), By Solution (Deployment Solution (Onsite ATM, Offsite ATM, Worksite ATM, Mobile ATM), Managed Services) And By Geography (Europe, North America, Asia Pacific, Latin America, Middle East & Africa) – Forecast (2021-2026)

Pulished: August, 2021
ID: 11991
Pages: 150

Automated Teller Machine (ATM) Market Size & Growth Analysis (2021-2026)

The market value of Automated Teller Machine (ATM) market is valued at 20.58 billion US dollars in the year 2020 which is expected to increase the growth by 32.50 billion US dollars by the end of 2026 with a compound annual growth rate of 5.2% during the forecast period of 2021 to 2026. The Automated Teller Machine (ATM) market value is expected to increase more during the forecast period.

Driving Factors

Improved security mechanisms such as biometric authentication, OTP (One Time Password) services to prevent the fraudulent transactions is one of the major driving factor of Automated Teller Machine (ATM) market growth rate.

Another major driving factor of the Automated Teller Machine (ATM) market was rise in urbanization and digitalization in both the emerging as well as developed economies propels the growth of revenue of Automated Teller Machine (ATM) market.

Increase in preference of customers towards digital payment solutions such as online and mobile banking and digital wallets and bitcoin transactions are some of the growth supporting factors of the market of Automated Teller Machine (ATM) revenue rate.

Another major growth driving factor of the Automated Teller Machine (ATM) market was the increasing of technological advancements such as intelligent anti ATM skimming devices which will help to monitor the systems for illegally mounted intrusion of the mechanisms and it also helps in safeguarding the card and pin data theft.

Increasing of government initiatives from several countries to promote cash as an essential payment instrument for day to day transactions, rising preference for cardless ATM transactions are also some of the major driving factors which promotes the growth of the market of Automated Teller Machine (ATM) revenue rate during the forecast period.

Challenges

Rising importance for alternative payments is one of the major restraint which hinders the growth of the Automated Teller Machine (ATM) Market.

Increase in the number of POS terminals is also one of the major restraint which hinders the growth of the Automated Teller Machine (ATM) Market.

Another major restraint which effects the growth of the market was lack of security standards

Segmentation Analysis

The Automated Teller Machine (ATM) market is segmented on the basis of type, on the basis of solution and on the basis of geography.

On the basis of type, the Automated Teller Machine (ATM) market is segmented into conventional ATMs, Brown Label ATMs, White label ATMs, Smart ATMs and cash dispensers. Among these segments, the conventional type ATM segment holds the major share of the market among the others due to the growing use of cashless payment instruments. This conventional ATMs segment is expected to hold the dominance during the forecast period.

On the basis of solution, the Automated Teller Machine (ATM) market is segmented into two types namely deployment solution and managed services. However, among these the deployment solution segment is further bifurcated into onsite ATMs, offsite ATMs, worksite ATMs and mobile ATMs. Among these segments, the offsite ATMs segment holds the major share of the market and is expected to hold the dominance during the forecast period since there is quantitative increase in the number of banks in rural areas with the ATM facility and also increasing of financial initiatives by various government authorities. Furthermore, availability of cashless payments instruments such as debit cards or credit cards at the point of sale in which the cash remains the preferred mode of payment for customer’s day to day small value transactions.

Regional Analysis

The Automated Teller Machine (ATM) market is elaborated in various regions all around the world such as North America (US, Mexico, Canada and rest of North America), Asia Pacific region (India, China, Japan, Australia and rest of Asia Pacific) and Europe region (UK, France, Italy, Germany, Spain and rest of Europe).

Asia Pacific region holds the major share of the market due to the factors such as rising deployment of ATMs predominantly in developing economies such as India and China helps the growth of the market of Automated Teller Machine (ATM) in Asia Pacific region. Furthermore, increasing of investments by the major key players, increasing need to serve the large unbanked population across the region is also one of the major driving factor propels the growth of the market of Automated Teller Machine (ATM) in Asia Pacific region. This Asia Pacific region is expected to hold the dominance during the forecast period.

North America region holds the second largest share of the market of Automated Teller Machine (ATM) owing to the growing demand for interactive machines and also the managed services in the financial sector which is helping the market of Automated Teller Machine (ATM) to grow further in the North America region.

Europe region is expected to increase the market value of Automated Teller Machine (ATM) owing to the increasing of consumer demand and also rising of government support for electronic banking, rise in product innovation from various companies propels the growth of the market in Europe region.

Key Market Players

Some of the key market players of Automated Teller Machine (ATM) market are: Fujitsu Ltd, GRG Banking Equipment Co. Ltd., Hess Cash Systems GmbH, Diebold Nixdorf, Incorporated NCR Corporation, Euronet Worldwide Incorporation, NHAUSA, NCR Corporation, Source Technologies, and Triton Systems of Delaware LLC.

Impact of COVID 19 on ATM Market

As we all know that due to the COVID 19 pandemic, most of the businesses have faced financial crisis due to the lockdown situations imposed by the government authorities. The ATM market has also faced huge financial crisis during the COVID 19 pandemic and as per the analysis the market will reach an impeccable growth in the upcoming years to come.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope Of The Report                              

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year And Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market Share Analysis        

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Automated Teller Machine (ATM) Market, By Type                   

                                6.1.1 Conventional Atms              

                                6.1.2 Brown Label Atms

                                6.1.3 White Label Atms

                                6.1.4 Smart Atms            

                                6.1.5 Cash Dispensers   

                                6.1.6 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.7 Y-O-Y Growth Rate Analysis             

                                6.1.8 Market Attractiveness Index           

                6.2 Automated Teller Machine (ATM) Market, By Solution                            

                                6.2.1 Deployment Solution         

                                6.2.2 Managed Services

                                6.2.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.4 Y-O-Y Growth Rate Analysis             

                                6.2.5 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance And Administration Market, By Region                   

                7.2 North America - Market Analysis (2021 - 2026)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Type    

                                7.2.3 By Solution             

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest Of Europe

                                7.3.2 By Type    

                                7.3.3 By Solution             

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest Of Asia-Pacific

                                7.4.2 By Type    

                                7.4.3 By Solution             

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest Of Latin America

                                7.5.2 By Type    

                                7.5.3 By Solution             

                7.6 Middle East And Africa                          

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Type    

                                7.6.3 By Solution             

8. Key Player Analysis                                    

                8.1 Fujitsu Ltd                   

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 GRG Banking Equipment Co. Ltd                        

                8.3 Hess Cash Systems Gmbh                    

                8.4 Diebold Nixdorf                        

                8.5 Incorporated NCR Corporation                           

                8.6 Euronet Worldwide Incorporation                    

                8.7 NHAUSA                      

                8.8 NCR Corporation                      

                8.9 Source Technologies                              

                8.10 Triton Systems Of Delaware LLC                      

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List Of Tables                    

                List Of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
  • Segment-level analysis in terms of type, solution along with market size forecasts and estimations to detect key areas of industry growth in detail.
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development.
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Global Automated Teller Machine (ATM) Market By Region, From 2021-2026 ( USD Billion )
  2. Global Automated Teller Machine (ATM) Market By Type, From 2021-2026 ( USD Billion )
  3. Global conventional ATMs Market By Region, From 2021-2026 ( USD Billion )
  4. Global Brown Label ATMs Market By Region, From 2021-2026 ( USD Billion )
  5. Global White label ATMs Market By Region, From 2021-2026 ( USD Billion )
  6. Global Smart ATMs Market By Region, From 2021-2026 ( USD Billion )
  7. Global cash dispensers Market By Region, From 2021-2026 ( USD Billion )
  8. Global Automated Teller Machine (ATM) Market By solution , From 2021-2026 ( USD Billion )
  9. Global deployment solution Market By Region, From 2021-2026 ( USD Billion )
  10. Global managed services Market By Region, From 2021-2026 ( USD Billion )

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