The Business Research Company Global ATM Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026
LONDON, GREATER LONDON, United Kingdom, Aug. 5, 2022 /EINPresswire.com/ — According to The Business Research Company’s “ATM Global Market Report 2022”, the ATM market size is expected to grow from $19.94 billion in 2021 to $22.08 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. The global ATM market size is then expected to reach USD 28.82 billion in 2026 with a CAGR of 6.9%. According to the ATM market analysis, the growing use of ATMs by consumers is expected to drive the market growth in the future.
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Key trends in the ATM market
The introduction of smart ATMs is a recent trend shaping the outlook of the ATM industry. Smart ATMs are automatic teller machines (ATMs) that can do more than just pay out money. Smart ATMs enable the implementation of advanced technologies that enhance the 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.
ATM market overview
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.
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TBRC Global ATM Market Report 2022 covers the following insights:
Market Size Data
• Forecast period: historical and future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
• By country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom, USA.
• By ATM type: location-based ATM, operation-based ATM
• By solution: onsite, offsite, construction site, mobile
• By operation: white label, green label, yellow label
• By application: Withdrawal, Transfer, Deposits
• By geography: The global ATM market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific holds the largest market share.
Major Market Players such as 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.
Trends, opportunities, strategies and much more.
ATM Global Market Report 2022 is one of the comprehensive reports by The Business Research Company that provides insight into the ATM market. The market report analyzes the Global ATM Market size, Global ATM Market growth drivers, Global ATM Market segments, Global ATM Market top players, Global ATM Market growth in all geographies and revenue and the market positioning of competitors in the global ATM market. The global ATM market report allows you to gain insight into opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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