Global ATM Market Sagment by User Interface (Keyboard and Touch Screens); By Solution Type (Deployment {On-Site and Off-Site} And Managed) and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030
Product Overview
ATM is an automated banking outlet that allows consumers to complete simple transactions without a dealer or branch representative. Most ATMs are readily available to people with credit cards or debit cards. An effective cash management system is required for the depositing and cash distribution from ATM. Cash recycling serves as an innovative cash management system providing benefits to banks such as fake identification, full and total accuracy, and improved customer service. The banks and credit unions have ATMs in some instances. Individuals and businesses can buy or rent ATMs on their own or from an ATM franchise. If people or small companies, such as restaurants and gas stations, own ATMs, the profit model is focused on fees for computer users.
Market Highlights
Global ATM is expected to project a notable CAGR of 5.9 % in 2030.
Global ATM market to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of 5.9 % in the coming years, i.e., 2021-30. The growing demand for automated systems is expected to affect the installation base over the forecast period in developing countries. In addition, there are also anticipated growth factors such as improved safety standards, technological progress, and integrated wireless devices such as smartphones. The main cause was the reduction of fraud caused by integration and the provision of diverse financial transaction services.
Global ATM: Segments
Touch screen segment is anticipated to register highest volume share and is expected to grow at a highest CAGR.
Global Automated Teller Machine Market is segmented by user interface into Keypad and touch screen. Due to the keys, keyboard ATMs are better and easier to maintain, owing to an increased demand for user-friendly interfaces, ATM touchscreens have begun to penetrate the global ATM markets, mainly in the industrialized and developing economies.
Deployment segment accounted for highest global volume in 2019 and is anticipated to grow at a highest CAGR.
Global Automated Teller Machine market is segmented by solution type into deployment and managed. Deployment made it easier for consumers to access 24/7 banking services. Increased installation and maintenance activities have drastically affected revenue generation. In the premises of the bank, the installation of machines is performed, with machinery a there is the presence of physical bank branch. Such machines reduce the job burden of bank staff by eliminating long queues for payments, withdrawals, and cash deposits at bank offices. It reduces the probability of causing errors and ensures that banks will perform smooth financial transactions.
Market Dynamics
Drivers
Advancement in Services
With the 24*7 standalone feature of banks' access to multi-station transactional services, demand for ATM machines is increased. ATMs turn from basic cash distributors into more customized and rich forms of communication owing to technical advances in the banking and financial industries. The incorporation and value-added services have helped improve customer loyalty.
Multi Functionality Provided by an ATM
Fast access to complex services, including bill transfer, money transfers between accounts, and check clearance on ATM devices helps financial institutions raise banks' revenue. Therefore, in the coming years it a large turnover is expected in the use of automated teller machines.
Restraints
Increasing risk due to technological advancement
Previously there was a substantially low risk of fraud due to ATMs were seen as safe because of an online PIN to authenticate transactions. As innovation in the fintech industry is increasing, fraudsters have come up with frauds that hinder market growth, such as magnetic strips and pinhole cameras. Other problems faced by the virtual data space markets are inconsistent business semantics, data privacy, and data integration issues, presence of data silos
Global ATM: Key Players
Diebold Nixdorf
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Euronet Worldwide Incorporation
GRG Banking Equipment Co. Ltd.
NHAUSA
Source Technologies
Incorporated NCR Corporation
Fujitsu Ltd
Hess Cash Systems GmbH
NCR Corporation
Triton Systems of Delaware LLC
Other prominent players
Global ATM: Regions
Global ATM is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. During the projected timeline, APAC ought to have the highest share in the total market for ATMs. This market has been segmented into China, Japan, South Korea, and APAC's Rest (RoAPAC). RoAPAC contains Singapore, Thailand, Malaysia, India, New Zealand, and Australia. China is the nation's biggest APAC market. The demand for interactive devices is increasing. It is estimated that more than one million ATMs are installed worldwide with over 800,000 in Asia Pacific. It is projected that the industry needs will drive demand in this area in large unbanked populations across countries like India and China and in developing countries like Indonesia and Vietnam.
In the Middle East and Africa region, huge growth is also expected due to the cash-based economy, coupled with strong market demand and government support for electronic banking.
Global ATM is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global ATM report also contains analysis on:
ATM Segments:
By User Interface:
Keyboard
Touchscreen
By Solution Type:
Deployment
On-Site
Off-Site
Managed
ATM Dynamics
ATM Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Contents
1. Executive Summary
2. Global ATM Market
1. Product Overview
2. Market Definition
3. Segmentation
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
2. Restraints
3. Opportunity
4. Trends
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Global ATM Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
4. Rivalry
2. PEST Analysis
1. Political
2. Economic
3. Social
4. Technological
11. Global ATM Market
1. Market Size & forecast, 2020A-2030F
1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global ATM Market: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By user interface: Market Share (2020-2030F)
1. keyboard, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. touch screens, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. By solution type: Market Share (2020-2030F)
1. deployment, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. managed, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
Company Profile
1. Diebold Nixdorf
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. Euronet Worldwide Incorporation
3. GRG Banking Equipment Co. Ltd.
4. NHAUSA
5. Source Technologies
6. Incorporated NCR Corporation
7. Fujitsu Ltd
8. Hess Cash Systems GmbH
9. NCR Corporation
10. Triton Systems of Delaware LLC
11. Other prominent players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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