Press Releases

Global ATM Services Market to Grow at a CAGR of 7.9% over the Forecast Period of 2020-2025.

Expert Market Research Thumbnail Image

"According to a new report by EMR titled, ‘Global ATM Services Market Report and Forecast 2020-2025’, the global ATM services market stood at a value of around USD 20.9 billion in 2019. The industry is further expected to witness a CAGR of 7.9% in the forecast period of 2020-2025 to attain a value of USD 30 billion by 2025."

The Asia Pacific is the leading market in the global ATM services market driven by the emerging economies within the region. Till 2020, 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 2019, 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 Regions:

  • Region-wise, the global ATM services market can be divided into North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The growing demand for convenient, efficient, and time-saving services is driving the growth of the global ATM services market.  
  • The rising disposable incomes and increased smartphone and internet penetration, particularly in emerging economies, are providing further impetus to the market growth.   
  • With the growing technological developments, including card-less transaction and self-service ATM machines, coupled with rising consumer awareness, the industry is witnessing a further growth. 
  • With the availability of improved banking services, along with the rising consumer interest in online shopping, the market is experiencing a positive growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global ATM services market and global ATM industry for the periods (2015-2019) and (2020-2025).
  • The report also offers historical (2015-2019) and forecast (2020-2025) information for the regional markets for ATM services.
  • It also provides an assessment of the market based on the Porter’s Five Forces model along with a SWOT and value chain analysis.

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.

About Us:

EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email:
sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Purchase Options  

Buy Now  

Call us on

( USA & Canada )
+1-415-325-5166
us.sales@expertmarket
research.com
( United Kingdom )
+44-702-402-5790
uk.sales@expertmarket
research.com
Send Enquiry  

"Global ATM Services Market: By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis; Technology Trends Analysis; Porter’s Five Forces Analysis; Value Chain Analysis; EMR’s Key Indicators for Demand; EMR’s Key Indicator for Price; Procurement Strategy; Cost Analysis; Competitive Landscape & Supplier Analysis; Events and Developments"

Why Expert Market Research?

Right People

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.

Right Methodology

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.

Right Price

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.

Right Support

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.

Similar Reports

Expert Market Research Thumbnail Image
India Payment Market Report and Forecast 2020-2025

The India payment market is being driven by the growth of the global payment market. The global payment market stood at around USD 2.3 trillion in 2019. It is estimated to grow at a CAGR of 11% in the...

  • 24 Hour Email Delivery
  • Price: $ 2999

Stay informed with our free industry updates.