ATM Market - Global Industry Analysis

Market Overview     

The Global ATM market accounted for USD 15.1 Billion in 2020 and is expected to reach USD 21.2 Billion by 2028, growing at a CAGR of around 4.8% between 2021 and 2028.    

The increasing demand for automation within the banking sector in numerous developing and developed countries is boosting the ATM market progress. The worldwide banking sector has observed quite a few high-tech developments over the last decade. It's observing mounting security threats, regulatory requirements, and changing consumer demands. The machine provides a chance for banks to travel for cost-effective and competent models. With the coming of those machines, banks can serve a decent customer base even outside the banking institute. These cards help to exchange hassles of bank transactions, paper-based validations, bank hour constraints, and private attendance of consumers, providing enhanced banking experience for patrons also as bankers. They permit banks to succeed in customers at a lower initial and transaction cost, leading to higher adoption of these machines.

Improved security mechanisms, like fingerprints, biometrics, and two-factor authentication services, to stop fraudulent communications are being executed to supply a further layer of security to individuals. Banks are introducing new security measures for verifying whether the physical card may be fake or duplicate. For instance, in January 2019, the Federal Reserve Bank of India mandated banks to upgrade their older magstripe cards to EMV chip cards as they provide improved authentication, avoiding scams/fraudulent doings. Banks also specialize in developing additional security measures, like the intelligent anti-ATM skimming devices, that help to watch the system for illegally mounted intrusion mechanisms and help in safeguarding card & PIN data theft.

Increasing digitization in emerging countries may unfavorably affect the ATM market revenue within the coming years. The evolution of digital payment solutions, like mobile banking & online and digital wallets & Bitcoin transactions, is being seen within the payment industry. Consumers are increasingly preferring online banking networks as they supply convenient, fast, and secure transactions. The growing inclination toward mobile payments and therefore the adoption of online channels may change the competitive landscape across various regions, challenging industry growth. Stringent government regulations to mandate the hardware & software upgrades for security purposes in these machines may result in high maintenance costs for operators.

COVID-19 Impact Analysis

The COVID-19 pandemic has resulted in the imposition of social distancing measures that have limited the movement of persons. Also, the increasing consumer demand for cash has compelled many banks to launch mobile ATMs to satisfy the banking needs of consumers. For instance, in March 2020, Indian Bank launched a mobile ATM initiative in India (Chennai) to assist people that were facing difficulties in withdrawing money thanks to the COVID-19 outbreak. Such initiatives are driving the expansion of the worldwide ATM market during the forecast period.

Growth Factors

Changing lifestyles and high standard of individuals is that the major factor boosting the expansion of the worldwide ATM market. The introduction of niche sorts of ATMs like solar ATMs and smart ATMs within the emerging markets is additionally another key factor boosting the expansion of the worldwide ATM market. Moreover, innovations within ATM technology also are influencing the expansion of the market due to the increasing demand from consumers. Furthermore, advantages provided by ATM cards like no hassles of bank transactions, banking hour constraints, personal attendance of the purchasers, and paper-based validations are additionally attributed to the increasing demand of ATMs by consumers. On the opposite hand, a number of the main risks related to ATMs like online frauds, thefts, connectivity, and operational issues may hamper the expansion of the worldwide ATM market to some extent.

Report Scope:

Solution Segment Analysis Preview   

Deployment solutions will witness a growth of more than 5% over the forecast timespan. Onsite ATMs are being widely deployed in bank premises for helping customers to avoid long queues for deposits, cash transfers, and withdrawals. They provide advantages like the flexibility of money withdrawals & deposits, privacy in quicker, transactions, and efficient services. These ATMs reduce the frequency of errors, helping banks in making smooth financial transactions. The evolving banking infrastructure and increasing installation of onsite systems to reinforce customer satisfaction will provide several growth opportunities to the market.

Regional Segment Analysis Preview    

Asia-Pacific region is anticipated to witness the highest growth owing to new technological advancements in the ATMs. Singapore is one of the Asian countries that offer smart gold ATMs dispensing gold bars, coins, and ingots. In addition, North America is the biggest market for ATMs, followed by Europe.

Key Market Players & Competitive Landscape

Major market players of ATM market comprise Wentong Group, ADOB Chemical, URALCHEM, The Chemical Company, GFS Chemicals, Inc., Airedale Chemical, Agrium, Shanxi Jiaocheng Tianlong Chemical Industry Co., Ltd, Haifa Chemicals Ltd., Yara International ASA, and Sterling Chemicals among others play an important role.

The global ATM Market is segmented as follows:

By Solution

• Deployment Solutions
  • Onsite ATMs
  • Offsite ATMs
  • Worksite ATMs
  • Mobile ATMs
• Managed Services

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

• Chapter No. 1: Introduction
  • 1.1. Report Description
    • 1.1.1. Purpose of the Report
    • 1.1.2. USP & Key Offerings
  • 1.2. Key Benefits for Stakehulders
  • 1.3. Target Audience
  • 1.4. Report Scope
• Chapter No. 2: Executive Summary
  • 2.1. Key Findings
    • 2.1.1. Top Investment Pockets
      • 2.1.1.1. Market Attractiveness Analysis, By Sulution
      • 2.1.1.2. Market Attractiveness Analysis, By Region
  • 2.2. Market Snapshot
  • 2.3. Global ATM Market, 2016 – 2028 (USD Billion)
  • 2.4. Insights from Primary Respondents
• Chapter No. 3: COVID 19 Impact Analysis
  • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
    • 3.1.1. North America
    • 3.1.2. Europe
    • 3.1.3. Asia Pacific
    • 3.1.4. Latin America
    • 3.1.5. The Middle-East and Africa
  • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
  • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
  • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
  • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
    • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
  • 3.6. Short Term Dynamics
  • 3.7. Long Term Dynamics
• Chapter No. 4: ATM Market – Sulution Segment Analysis
  • 4.1. Overview
    • 4.1.1. Market Revenue Share, By Sulution, 2020 & 2028
  • 4.2. Deployment Sulutions (Onsite, Offsite, Worksite, Mobile)
    • 4.2.1. Market Size and Forecast, By Region (USD Billion)
    • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
  • 4.3. Managed Services
    • 4.3.1. Market Size and Forecast, By Region (USD Billion)
    • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
• Chapter No. 5: ATM Market – Region Segment Analysis
  • 5.1. Overview
    • 5.1.1. Global Market Revenue Share, By Region, 2020 & 2028
    • 5.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
  • 5.2. North America
    • 5.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 5.2.2. North America Market Revenue, By Sulution, 2016 – 2028
    • 5.2.5. US
      • 5.2.5.1. US Market Revenue, By Sulution, 2016 – 2028
    • 5.2.6. Canada
      • 5.2.6.1. Canada Market Revenue, By Sulution, 2016 – 2028
    • 5.2.7. Mexico
      • 5.2.7.1. Mexico Market Revenue, By Sulution, 2016 – 2028
  • 5.3. Europe
    • 5.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 5.3.2. Europe Market Revenue, By Sulution, 2016 – 2028
    • 5.3.5. Germany
      • 5.3.5.1. Germany Market Revenue, By Sulution, 2016 – 2028
    • 5.3.6. France
      • 5.3.6.1. France Market Revenue, By Sulution, 2016 – 2028
    • 5.3.7. U.K.
      • 5.3.7.1. U.K. Market Revenue, By Sulution, 2016 – 2028
    • 5.3.8. Italy
      • 5.3.8.1. Italy Market Revenue, By Sulution, 2016 – 2028
    • 5.3.9. Spain
      • 5.3.9.1. Spain Market Revenue, By Sulution, 2016 – 2028
    • 5.3.10. Rest of Europe
      • 5.3.10.1. Rest of Europe Market Revenue, By Sulution, 2016 – 2028
  • 5.4. Asia Pacific
    • 5.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 5.4.2. Asia Pacific Market Revenue, By Sulution, 2016 – 2028
    • 5.4.5. China
      • 5.4.5.1. China Market Revenue, By Sulution, 2016 – 2028
    • 5.4.6. Japan
      • 5.4.6.1. Japan Market Revenue, By Sulution, 2016 – 2028
    • 5.4.7. India
      • 5.4.7.1. India Market Revenue, By Sulution, 2016 – 2028
    • 5.4.8. South Korea
      • 5.4.8.1. South Korea Market Revenue, By Sulution, 2016 – 2028
    • 5.4.9. South-East Asia
      • 5.4.9.1. South-East Asia Market Revenue, By Sulution, 2016 – 2028
    • 5.4.10. Rest of Asia Pacific
      • 5.4.10.1. Rest of Asia Pacific Market Revenue, By Sulution, 2016 – 2028
  • 5.5. Latin America
    • 5.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 5.5.2. Latin America Market Revenue, By Sulution, 2016 – 2028
    • 5.5.5. Brazil
      • 5.5.5.1. Brazil Market Revenue, By Sulution, 2016 – 2028
    • 5.5.6. Argentina
      • 5.5.6.1. Argentina Market Revenue, By Sulution, 2016 – 2028
    • 5.5.7. Rest of Latin America
      • 5.5.7.2. Rest of Latin America Market Revenue, By Sulution, 2016 – 20285
  • 5.6. The Middle-East and Africa
    • 5.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 5.6.2. The Middle-East and Africa Market Revenue, By Sulution, 2016 – 2028
    • 5.6.5. GCC Countries
      • 5.6.5.1. GCC Countries Market Revenue, By Sulution, 2016 – 2028
    • 5.6.6. South Africa
      • 5.6.6.1. South Africa Market Revenue, By Sulution, 2016 – 2028
    • 5.6.7. Rest of Middle-East Africa
      • 5.6.7.1. Rest of Middle-East Africa Market Revenue, By Sulution, 2016 – 2028
• Chapter No. 6: ATM Market – Industry Analysis
  • 6.1. Introduction
  • 6.2. Market Drivers
    • 6.2.1. Driving Factor 1 Analysis
    • 6.2.2. Driving Factor 2 Analysis
  • 6.3. Market Restraints
    • 6.3.1. Restraining Factor Analysis
  • 6.4. Market Opportunities
    • 6.4.1. Market Opportunity Analysis
  • 6.5. Porter’s Five Forces Analysis
  • 6.6. PEST Analysis
  • 6.7. Regulatory Landscape
  • 6.8. Technology Landscape
  • 6.9. Regional Market Trends
    • 6.9.1. North America
    • 6.9.2. Europe
    • 6.9.3. Asia Pacific
    • 6.9.4. Latin America
    • 6.9.5. The Middle-East and Africa
  • 6.10. Pricing Analysis
  • 6.11. Value Chain Analysis
  • 6.12. Downstream Buyers
  • 6.13. Distributors/Traders List
• Chapter No. 7: Competitive Landscape
  • 7.1. Company Market Share Analysis – 2019
    • 7.1.1. Global ATM Market: Company Market Share, 2019
    • 7.1.2. Global ATM Market, Company Market Revenue, 2016 – 2019 (USD Billion)
    • 7.1.3. Global ATM Market, Company Y-o-Y Growth, 2017 – 2028 (%)
    • 7.1.4. Global ATM Market: Radar Determinant Chart, 2019
  • 7.2. Strategic Developments
    • 7.2.1. Acquisitions & Mergers
    • 7.2.2. New Product Launch
    • 7.2.3. Regional Expansion
  • 7.3. Company Strategic Developments – Heat Map Analysis
• Chapter No. 8: Company Profiles
  • 8.1. Diebuld Nixdorf, Incorporated
    • 8.1.1. Company Overview
    • 8.1.2. Key Executives
    • 8.1.3. Product Portfolio
    • 8.1.4. Financial Overview
    • 8.1.5. Operating Business Segments
    • 8.1.6. Business Performance
    • 8.1.7. Recent Developments
  • 8.2. NCR Corporation
  • 8.3. Euronet Worldwide Incorporation
  • 8.4 Fujitsu Ltd
  • 8.5 GRG Banking Equipment Co. Ltd.
  • 8.6 Hess Cash Systems GmbH
  • 8.7 NHAUSA
  • 8.8 NCR Corporation
  • 8.9 Source Technulogies
  • 8.10 Triton Systems of Delaware LLC
• Chapter No. 9: Marketing Strategy Analysis
  • 9.1. Marketing Channel
  • 9.2. Direct Marketing
  • 9.3. Indirect Marketing
  • 9.4. Marketing Channel Development Trends
  • 9.5. Economic/Pulitical Environmental Change
• Chapter No. 10: Research Methodology
  • 10.1. Research Methodology
  • 10.2. Phase I - Secondary Research
  • 10.3. Phase II - Data Modeling
    • 10.3.1. Company Share Analysis Model
    • 10.3.2. Revenue Based Modeling
  • 10.4. Phase III - Primary Research
  • 10.5. Research Limitations
    • 10.5.1. Assumptions

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Solution
FIG NO. 2. Market Attractiveness Analysis, By Region
FIG NO. 3. Global ATM Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 4. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 5. Market Revenue Share, By Solution, 2020 & 2028
FIG NO. 6. Global ATM Market for Deployment Solutions, Revenue (USD Billion) 2016 – 2028
FIG NO. 7. Comparative Revenue Analysis of ATM Market for Deployment Solutions, By Country, 2020 & 2028
FIG NO. 8. Global ATM Market for Managed Solutions, Revenue (USD Billion) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of ATM Market for Managed Solutions, By Country, 2020 & 2028
FIG NO. 10. Global ATM Market Revenue Share, By Region, 2020 & 2028
FIG NO. 11. North America ATM Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 12. Porter’s Five Forces Analysis for Global ATM Market
FIG NO. 13. PEST Analysis for Global ATM Market
FIG NO. 14. Pricing Analysis for Global ATM Market
FIG NO. 15. Value Chain Analysis for Global ATM Market
FIG NO. 16. Company Share Analysis, 2019
FIG NO. 17. Radar Determinant Chart, 2019
FIG NO. 18. Company Strategic Developments – Heat Map Analysis
FIG NO. 19. Emerson Electric Co Business Segment Revenue Share, 2020 (%)
FIG NO. 20. Emerson Electric Co Geographical Segment Revenue Share, 2020 (%)
FIG NO. 21. Market Channels
FIG NO. 22. Marketing Channel Development Trend
FIG NO. 23. Growth in World Gross Product, 2008-2018
FIG NO. 24. Research Methodology – Detailed View
FIG NO. 25. Research Methodology
 

List of Tables 

TABLE NO. 1. Global ATM Market: Snapshot
TABLE NO. 2. Quarterly ATM Market Revenue by Region, 2020
TABLE NO. 3. Quarterly ATM Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. Global ATM Market for Deployment Solutions, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global ATM Market for Managed Services, by Region, 2016 – 2028 (USD Billion) 
TABLE NO. 8. Global ATM Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. North America ATM Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 10. North America ATM Market Revenue, By Solution, 2016 – 2028 (USD Billion)
TABLE NO. 11. U.S. ATM Market Revenue, By Solution, 2016 – 2028 (USD Billion)
TABLE NO. 12. Canada ATM Market Revenue, By Solution, 2016 – 2028 (USD Billion)
TABLE NO. 13. Mexico ATM Market Revenue, By Solution, 2016 – 2028 (USD Billion)
TABLE NO. 14. Drivers for the ATM Market: Impact Analysis
TABLE NO. 15. Restraints for the ATM Market: Impact Analysis
TABLE NO. 16. Major Buyers of ATM 
TABLE NO. 17. Distributors/Traders List of ATM
TABLE NO. 18. Global ATM Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 19. Global ATM Market, Company Y-o-Y Growth, 2017 – 2028 (USD Billion)