As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The Asia Pacific is the leading market in the global ATM services market driven by the emerging economies within the region. Till 2021, the region is expected to witness the fastest growth rate, accounting for about 10.6% of the market. In the emerging economies, such as China and India, the increased deployment of ATMs due to the growing adoption of technology is resulting in the rapid growth of the market. On the other hand, in the mature markets such as the US and Europe, the high growth of self-service ATMs is driving the growth of the industry in the region.
The various options like cash deposit, cash withdrawal, internet banking, and others are attracting consumers to use ATM service due to its time-efficient and convenient nature. In January 2017, Cardtronics plc (Nasdaq: CATM), a key player in the industry, completed its previously announced acquisition of DirectCash Payments Inc., a leading global ATM services provider with primary operations in Australia, Canada, and the UK. The acquisition of DCPayments will add approximately 25,000 ATMs to Cardtronics' global portfolio, which now totals around 225,000 ATMs in North America, Europe, and the Asia Pacific, thus, aiding the customers in ATM services market globally.
The ever-changing, digital-first customer behaviours are further compelling the financial institutions around the world to innovate their self-service channels to enhance their security services. In October 2020, NCR Corporation (NYSE: NCR), a global enterprise technology company for the banking industry and the key player in the global ATM services market, launched Vision SaaS, which is the industry-leading NCR self-service device management solution. With this move, the company will be able to provide banks or credit unions full visibility and control over their ATM channel, providing improved security and better consumer experience, thus, aiding the global ATM services industry.
Market Breakup by Types, Applications, and Regions:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global ATM services market are NCR Corporation, Cardtronics, Inc., Euronet Worldwide, Diebold Nixdorf, Incorporated, and Payment Alliance International, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.