Global ATM Market size was valued at US$ 20578.23 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% for the forecast period ending 2026 reaching a Market value of US$ 30496.79 million.
From the perspective of the Component market segmentation, the report covers Software, Services. This segment of the ATM is expected to drive growth in the coming years owing to various positive trends, primarily the increasing applications.
The key and positive trends of the segment include:
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This is attributed to the surge in adoption of ATM devices for wireless communication, security, EMV migration, and cash recycling across the world propels the growth of the global ATM market. Moreover, retail houses, corporate instructions, and banking companies are globally adopting ATM devices for functions such as offsite, mobile site, and worksite, as these ATMs facilitate quicker and efficient services with flexible cash withdrawals and deposits This, in-turn, reduces the footfall in banks (for the purpose of cash withdrawal or deposits), enabling the bank staff to focus on core financial activities, thereby fuels the growth of ATM market.
The key factors that drive the growth of the ATM market include an increase in demand for automated teller machine, facility of wireless communication in smart ATMs, However, the emergence of online banking services and lack of security standards hampers the market growth to a certain extent. Furthermore, integration of new technologies such as contactless payments, QR codes and touch screens and untapped demand from emerging countries offers lucrative opportunities for market growth globally.
ATM is an electronic telecommunication device, which offers services to customers in terms of financial transactions such as deposits & withdrawals and account information & transfer of funds, without the physical involvement of bank staff. Continuous innovations in ATMs have made current ATMs more advanced as compared to the first-generation ATMs. With rise in customer demand for mobility and do-it-yourself banking, the ATM market is anticipated to continue to grow in the coming years. Presently, ATMs have become the most powerful asset for financial institutions to serve their customers 24X7.
The scope of the report discusses the potential opportunities for market players to enter the ATM market. In addition, it provides in-depth analysis of the market, outlining current trends, key driving factors, and key opportunity areas.
In the report, the global ATM market is segmented into solution, type, and region.
On the basis of solution
Depending on the type
Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Report Scope:
A study is an effective tool for addressing Research insights relevant for business strategies like:
The Segment study of Organization Size includes an analysis of Large Enterprises, SME’s Industry Vertical as a market segment is studied to include an in-depth analysis of Disk Encryptions, Communication Encryptions, File/Folder Encryptions, Cloud Encryptions, Industry Vertical, BFSI, IT & Telecommunications, Government & Public Sector, Retail, Healthcare, Aerospace & Defense, Media & Entertainment, Others
The market segments are identified and analyzed keeping in mind the ATM ecosystem as a whole.
Rise in need for ATM services at workplaces has boosted the deployment of ATMs in IT companies, government office buildings, and in academic institutional areas. The deployment of ATMs provides flexibility of financial transactions to customers that eventually endorse a strong brand image of the banks, which significantly contributes toward the growth of the ATM market.
Regional Overview:
From a geographic segmentation perspective, the report focuses on the regions that have a material and significant effect on the overall market value. The broad level coverage of the report includes the regions of Global, North America, Europe, APAC, MEA, LatAm
Asia-Pacific was the highest revenue contributor, accounting for $8,533.79 million in 2019, and is estimated to reach $ XX million by 2026, with a CAGR of 6.0%. LAMEA is estimated to reach $4,897.78 million by 2026, at a significant CAGR of XX%. Asia-Pacific and North America collectively accounted for around 65.1% share in 2019, with the former constituting around 41.5% share. LAMEA and AsiaPacific are expected to witness considerable CAGRs of 6.8% and XX%, respectively, during the forecast period.
Competitive Landscape:
The ATM is fairly fragmented. While the key companies continue to drive innovation and, in most cases, adopt digital transformations, the overall competitive ecosystem is dominated by Market leaders as well as emerging players with niche offerings.
The ATM report profiles some of the key market players while reviewing significant market developments and strategies adopted by them.
While looking at Organic and Inorganic strategies separately, the report studies not only outlook based (short-mid-long term), but also strategy based (strategic vs operational) market activity.
Companies profiled in this market report include:
Covid Impact Analysis & Opportunities:
The Covid19 pandemic has transformed the market landscape. The market ecosystem has taken a directional shift in the way supply-side of the market is accessed. The report covers the aftermath of the Covid19 catastrophe
Customization on ATM Market Research Report:
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Chapter 1. Research Objective
1.1 Objective, Definition & Scope
1.2 Methodology
1.2.1 Primary Research
1.2.2 Secondary Research
1.2.3 Market Forecast - Estimation & Approach
1.2.4 Assumptions & Assessments
1.3 Insights and Growth - Relevancy Mapping
1.3.1 FABRIC Platform
1.4 Data mining & efficiency
Chapter 2. Executive Summary
2.1 ATM Overview
2.2 Interconnectivity & Related markets
2.3 Ecosystem Map
2.4 ATM Business Segmentation
2.5 ATM Geographic Segmentation
2.6 Competition Outlook
2.7 Key Statistics
Chapter 3. Strategic Analysis
3.1 ATM Revenue Opportunities
3.2 Cost Optimization
3.3 Covid19 aftermath - Analyst view
3.4 ATM Digital Transformation
Chapter 4. Market Dynamics
4.1 DROC
4.1.1 Drivers
*Increase in demand for ATM
*Facility of wireless communication in smart ATMs
4.1.2 Restraints
*Emergence of online banking services
4.1.3 Opportunities
4.1.4 Challenges
4.2 PEST Analysis
4.2.1 Political
4.2.2 Economic
4.2.3 Social
4.2.4 Technological
4.3 Market Impacting Trends
4.3.1 Positive Impact Trends
4.3.2 Adverse Impact Trends
4.4 Porter's 5-force Analysis
4.5 Market News - By Segments
4.5.1 Organic News
4.5.2 Inorganic News
Chapter 5. Segmentation & Statistics
5.1 Segmentation Overview
5.2 Demand Forecast & Market Sizing
Global ATM by Component 2019 - 2026
Global ATM by Deployment Mode 2019 - 2026
Global ATM by Organization Size 2019 - 2026
Global ATM by Function 2019 - 2026
North America ATM by Component 2019 - 2026
North America ATM by Deployment Mode 2019 - 2026
North America ATM by Organization Size 2019 - 2026
North America ATM by Function 2019 - 2026
United States ATM by Component 2019 - 2026
United States ATM by Deployment Mode 2019 - 2026
United States ATM by Organization Size 2019 - 2026
United States ATM by Function 2019 - 2026
Canada ATM by Component 2019 - 2026
Canada ATM by Deployment Mode 2019 - 2026
Canada ATM by Organization Size 2019 - 2026
Canada ATM by Function 2019 - 2026
Mexico ATM by Component 2019 - 2026
Mexico ATM by Deployment Mode 2019 - 2026
Mexico ATM by Organization Size 2019 - 2026
Mexico ATM by Function 2019 - 2026
Europe ATM by Component 2019 - 2026
Europe ATM by Deployment Mode 2019 - 2026
Europe ATM by Organization Size 2019 - 2026
Europe ATM by Function 2019 - 2026
United Kingdom ATM by Component 2019 - 2026
United Kingdom ATM by Deployment Mode 2019 - 2026
United Kingdom ATM by Organization Size 2019 - 2026
United Kingdom ATM by Function 2019 - 2026
France ATM by Component 2019 - 2026
France ATM by Deployment Mode 2019 - 2026
France ATM by Organization Size 2019 - 2026
France ATM by Function 2019 - 2026
Italy ATM by Component 2019 - 2026
Italy ATM by Deployment Mode 2019 - 2026
Italy ATM by Organization Size 2019 - 2026
Italy ATM by Function 2019 - 2026
Germany ATM by Component 2019 - 2026
Germany ATM by Deployment Mode 2019 - 2026
Germany ATM by Organization Size 2019 - 2026
Germany ATM by Function 2019 - 2026
Spain ATM by Component 2019 - 2026
Spain ATM by Deployment Mode 2019 - 2026
Spain ATM by Organization Size 2019 - 2026
Spain ATM by Function 2019 - 2026
Rest of Europe ATM by Component 2019 - 2026
Rest of Europe ATM by Deployment Mode 2019 - 2026
Rest of Europe ATM by Organization Size 2019 - 2026
Rest of Europe ATM by Function 2019 - 2026
APAC ATM by Component 2019 - 2026
APAC ATM by Deployment Mode 2019 - 2026
APAC ATM by Organization Size 2019 - 2026
APAC ATM by Function 2019 - 2026
China ATM by Component 2019 - 2026
China ATM by Deployment Mode 2019 - 2026
China ATM by Organization Size 2019 - 2026
China ATM by Function 2019 - 2026
India ATM by Component 2019 - 2026
India ATM by Deployment Mode 2019 - 2026
India ATM by Organization Size 2019 - 2026
India ATM by Function 2019 - 2026
Japan ATM by Component 2019 - 2026
Japan ATM by Deployment Mode 2019 - 2026
Japan ATM by Organization Size 2019 - 2026
Japan ATM by Function 2019 - 2026
South Korea ATM by Component 2019 - 2026
South Korea ATM by Deployment Mode 2019 - 2026
South Korea ATM by Organization Size 2019 - 2026
South Korea ATM by Function 2019 - 2026
Rest of APAC ATM by Component 2019 - 2026
Rest of APAC ATM by Deployment Mode 2019 - 2026
Rest of APAC ATM by Organization Size 2019 - 2026
Rest of APAC ATM by Function 2019 - 2026
MEA ATM by Component 2019 - 2026
MEA ATM by Deployment Mode 2019 - 2026
MEA ATM by Organization Size 2019 - 2026
MEA ATM by Function 2019 - 2026
South Africa ATM by Component 2019 - 2026
South Africa ATM by Deployment Mode 2019 - 2026
South Africa ATM by Organization Size 2019 - 2026
South Africa ATM by Function 2019 - 2026
GCC Countries ATM by Component 2019 - 2026
GCC Countries ATM by Deployment Mode 2019 - 2026
GCC Countries ATM by Organization Size 2019 - 2026
GCC Countries ATM by Function 2019 - 2026
Rest of MEA ATM by Component 2019 - 2026
Rest of MEA ATM by Deployment Mode 2019 - 2026
Rest of MEA ATM by Organization Size 2019 - 2026
Rest of MEA ATM by Function 2019 - 2026
LatAm ATM by Component 2019 - 2026
LatAm ATM by Deployment Mode 2019 - 2026
LatAm ATM by Organization Size 2019 - 2026
LatAm ATM by Function 2019 - 2026
Brazil ATM by Component 2019 - 2026
Brazil ATM by Deployment Mode 2019 - 2026
Brazil ATM by Organization Size 2019 - 2026
Brazil ATM by Function 2019 - 2026
Argentina ATM by Component 2019 - 2026
Argentina ATM by Deployment Mode 2019 - 2026
Argentina ATM by Organization Size 2019 - 2026
Argentina ATM by Function 2019 - 2026
Rest of LatAm ATM by Component 2019 - 2026
Rest of LatAm ATM by Deployment Mode 2019 - 2026
Rest of LatAm ATM by Organization Size 2019 - 2026
Rest of LatAm ATM by Function 2019 - 2026
Chapter 6. Market Use case studies
Chapter 7. KOL Recommendations
Chapter 8. Investment Landscape
8.1 ATM Investment Analysis
8.2 Market M&A
8.3 Market Fund Raise & Other activity
Chapter 9. ATM - Competitive Intelligence
9.1 Company Positioning Analysis
9.1.1 Positioning - By Revenue
9.1.2 Positioning - By Business Score
9.1.3 Legacy Positioning
9.2 Competitive Strategy Analysis
9.2.1 Organic Strategies
9.2.2 Inorganic Strategies
Chapter 10. Key Company Profiles
10.1 ASML Holding N.V.
10.1.1 Company Fundamentals
10.1.2 Performance Overview
10.1.3 Product Overview
10.1.4 Recent Developments
10.2 Holmarc OptoMechatronics (P) Ltd.
10.2.1 Company Fundamentals
10.2.2 Performance Overview
10.2.3 Products/Services Overview
10.2.4 Recent Developments
10.3 Canon Inc.
10.3.1 Company Fundamentals
10.3.2 Performance Overview
10.3.3 Products/Services Overview
10.3.4 Recent Developments
10.4 Nikon Corporation
10.4.1 Company Fundamentals
10.4.2 Performance Overview
10.4.3 Products/Services Overview
10.4.4 Recent Developments
10.5 Taiwan Semiconductor Manufacturing Company Limited
10.5.1 Company Fundamentals
10.5.2 Performance Overview
10.5.3 Products/Services Overview
10.5.4 Recent Developments
10.6 Fujitsu
10.6.1 Company Fundamentals
10.6.2 Performance Overview
10.6.3 Products/Services Overview
10.6.4 Recent Developments
10.7 SAP SE
10.7.1 Company Fundamentals
10.7.2 Performance Overview
10.7.3 Products/Services Overview
10.7.4 Recent Developments
10.8 Hewlett Packard Enterprise
10.8.1 Company Fundamentals
10.8.2 Performance Overview
10.8.3 Products/Services Overview
10.8.4 Recent Developments
10.9 Adobe
10.9.1 Company Fundamentals
10.9.2 Performance Overview
10.9.3 Products/Services Overview
10.9.4 Recent Developments
10.10 VMWare
10.10.1 Company Fundamentals
10.10.2 Performance Overview
10.10.3 Products/Services Overview
10.10.4 Recent Developments
Chapter 11. Appendix
11.1 About AllTheResearch (ATR)
11.2 ATR Services
11.3 Author details
11.4 Terms & Conditions
11.5 Contact us