The Business Research Company Global ATM Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026
LONDON, GREATER LONDON, United Kingdom, June 22, 2022 /EINPresswire.com/ — According to “ATM Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026” published by The Business Research Company, the market share ATMs is then expected to reach $28.82 billion in 2026 at a CAGR of 6.9%. The growing use of ATMs by consumers is expected to drive the growth of the ATM market in the future.
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The ATM market consists of the sale of ATM services and solutions by entities (organizations, individual merchants and partnerships) which is a specialized computer that facilitates the management of funds of a bank account holder. An automated teller machine (ATM) is a type of computerized banking terminal that allows consumers to perform simple transactions without the assistance of a branch operator or cashier. ATMs are convenient because they allow customers to perform quick self-service transactions such as deposits, cash withdrawals, bill payments, and account transfers. Customers can access banking services 24 hours a day, 7 days a week, through ATMs.
Global ATM Market Trends
The introduction of smart ATMs is a recent trend that is gaining popularity in the ATM market. Smart ATMs are automatic teller machines (ATMs) that can do more than just pay out money. According to the ATM market forecast, smart ATMs enable the implementation of advanced technologies that improve customer experience while minimizing fraud. For example, in October 2021, Nations Trust Bank, a Sri Lanka-based bank, launched the first smart ATM in Sri Lanka. The new machine is powered by technology and innovation to deliver a unique banking experience, allowing users to withdraw their preferred combination of banknotes to pay for bus or train tickets or eat at MMC restaurants. Commuters on the go will be able to save regularly used transactions such as withdrawals, bill payments and money transfers as favorites, saving them time and avoiding unnecessary inconvenience, thanks to the capabilities provided by ATMs intelligent automatics.
Segments of the global ATM market
The global ATM market is segmented:
By ATM type: Location-based ATM, Operation-based ATM
By solution: onsite, offsite, construction site, mobile
Per operation: white label, green label, yellow label
By application: Withdrawal, Transfer, Deposits
By Geography: The global ATM market report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East & Africa. Among these regions, Asia-Pacific accounts for the largest share.
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The Global ATM Market Report 2022 is part of a series of new reports from The Business Research Company that provide ATM market overviews, analysis and forecasts of market size and growth Global ATM Market, Global ATM Market Share, Global ATM Market Segments and Geographies, Global ATM Market Players, Revenue, Profiles and Shares of the main competitors in the ATM market. The ATM Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
TBRC’s 2022 Global ATM Market Report includes information on the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Major Market Players: NCR Corporation, Diebold Nixdorf, Hitachi-Omron Terminal Solutions Corporation, GRG Banking Equipment Co. Ltd., Fujitsu Frontech Ltd., Hyosung Corporation, Forbes Technosys Ltd, Triton Systems of Delaware LLC, HESS Cash Systems GmbH & Co KG, Euronet Worldwide Inc, Oki Electric Industry Co. Ltd., G4S plc, Nautilus Hyosung Corporation, RapidCash ATM Ltd. and Lipi Data Systems Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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