The ATM Service Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2025). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.
Major Players are:
NCR Corporation (United States),Cardtronics, Inc. (United States) ,Euronet Worldwide (United States) ,Diebold Nixdorf, Incorporated (United States),Payment Alliance International (United States) ,Asseco South Eastern Europe (Poland),CashLink Global Systems Pvt. Ltd. (India),Hitachi Payment Services Pvt. Ltd. (Japan),Brink’s Incorporated. (United States),Evry (Norway)
NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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Definition:
ATM is the most important customer touchpoint, providing an opportunity for banks and financial institutions to generate incremental revenue as well as attract new customers. ATMs are critical self-service channels that need to be monitored and managed to ensure business continuity and positive customer experience. ATM Services help reduce risk, optimize cash levels and maximize transaction volume.
On 18 June 2019, Payment Alliance International (PAI), a leader in ATM portfolio management products and services, announced that it has acquired Massachusetts-based ATM operator ISA-Ecash. The acquisition adds 40 plus financial institution customers with 960 ATMs located throughout the Northeast to PAI’s existing nationwide network of more than 75,000 ATMs. The acquisition also encompasses ISA-Ecash’s industry-leading ATM Manager Pro software offering, which makes it easier for ATM deployers to maintain total command of ATM and cash operations. ATM Manager pro currently supports more than 270,000 ATMs across America.
The titled segments and sub-section of the market are illuminated below:
Type (Withdrawals, Transfers, Deposits, Others), Application (Onsite ATMs, Offsite ATMs, Worksite ATMs, Mobile ATMs), Banks Type (Private Banks, Public Banks)
Market Drivers:
Increasing Numbers of Banks Worldwide
Banks Are Looking To Outsource ATM Deployment and Management to Expert Partners for Service Efficiency at Reduced Costs
The Growing Demand for Convenient, Efficient, and Time-Saving Services
Years considered for this report:
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What benefits does AMA research study is going to provide?
What are the market factors that are explained in the ATM Service Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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Key Questions Answered in the Report:
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