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Automated Teller Machines (ATMs) - Global Strategic Business Report

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    Report

  • 318 Pages
  • May 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338799
The global market for Automated Teller Machines (ATMs) is estimated at US$24.3 Billion in 2023 and is projected to reach US$34.8 Billion by 2030, growing at a CAGR of 5.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the 15 & Below Screen Size ATMs segment, which is expected to reach US$23.1 Billion by 2030 with a CAGR of 4.7%. The Above 15" Screen Size ATMs segment is also set to grow at 6.4% CAGR over the next 7 years."
  • Regional Analysis: Gain insights into the U.S. market, estimated at $6.4 Billion in 2023, and China, forecasted to grow at an impressive 8% CAGR to reach $7.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Automated Teller Machines (ATMs) Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automated Teller Machines (ATMs) Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Automated Teller Machines (ATMs) Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Automatia Pankkiautomaatit Oy, Banking Automation Ltd., BankUnited, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 292 Featured):

  • Automatia Pankkiautomaatit Oy
  • Banking Automation Ltd.
  • BankUnited
  • Banqit AB
  • Cashway Technology Co., Ltd.
  • Chungho Comnet Co., Ltd.
  • Diebold Nixdorf, Inc.
  • Eastcom Co., Ltd.
  • Euronet Worldwide, Inc.
  • First Merit Bank

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Automated Teller Machines (ATMs): An Omnipresent Modern Convenience
  • Recent Market Activity
  • ATMs to Remain at Forefront of Self-Service Banking
  • Next-Generation ATMs Bring Attention towards Channel Management
  • Modern ATMs: Much More than Just Cash Dispensing Machines
  • Future of ATMs
  • Improving Economy Buoys General Market Optimism
  • Years 2016 and 2017 in Retrospect
  • 2018 Global Economic Outlook
  • Intense Competition on the Cards for the Market Leaders
  • Financial Services Industry Witness Consolidation Trends
  • Multi-Vendor ATM Software: The New Norm
  • Demand for Multiple Services Transform ATM System Functionality
  • Independent ATM Deployers (IADs) to Essay Significant Role
  • Key Challenges for IADs
  • Shared Regional ATM Networks Resorting to Mergers and Acquisitions
  • Other Significant Trends
  • Outlook
  • Asia-Pacific Commands the ATM Market
  • Technological Advances Set ATM Market on Expansion Spree
  • Automated Teller Machines (ATMs) - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Economic Update
2. FOCUS ON SELECT PLAYERS
  • Diebold Nixdorf, Inc. (USA)
  • FUJITSU (Japan)
  • Euronet Worldwide, Inc. (USA)
  • GRG Banking Equipment Co. Ltd. (China)
  • Guangzhou KingTeller Technology Co., Ltd. (China)
  • Hantle, Inc. (USA)
  • Hitachi-Omron Terminal Solutions, Corp. (Japan)
  • Itautec (Brazil)
  • Nautilus Hyosung America, Inc. (USA)
  • NCR Corporation (USA)
  • Renome-Smart LLC (Ukraine)
3. MARKET TRENDS & DRIVERS
  • ATMs: Brimming with Youth at 50
  • Key Trends within ATMs Market
  • Ongoing Modernization
  • Means for Supporting Payments Option
  • Use of Data and Analytical Tools for Delivering Consumer Insights
  • Increase in Cash Deposits and Recycling
  • Entirely New Experiences
  • Cardless ATMs
  • Cash Recycling and Use of Multiple Denominations
  • New Functionalities
  • Measures to Counter Fraud
  • Individualization
  • Digitalization
  • Miniaturization
  • Automation
  • Unchallenged Dominance of Cash: A Strong Growth Driver
  • Mobile Technology Revolutionizes ATM Functionality
  • Increasing Importance of ATMs in Mobile Banking Era
  • Advancements in ATM Technology
  • Potential for Offering Omnichannel Experience
  • Increasing Popularity of Self-service Options
  • ATMs: the Preferred Option of FIs
  • Increasing Sales of Smartphones Promote ATM-Mobile Convergence
  • Contactless ATM Transactions: The Future of Banking
  • Contactless Card Readers
  • Robust Branch Automation Initiatives Offer Significant Growth Opportunities
  • Video Teller Machines to Head Branch Transformation
  • The Rise of Personal Teller Machines to Improve Operational Efficiency
  • Technology Advancements: Spearheading Growth
  • Remote Deposit Capture: A New Technology to Expedite Deposits at ATM
  • Improved Data Storage and Transmission Reduce ATM Service Costs
  • ATM Virtualization
  • Cloud Technology to Slash Data Storage Costs
  • 4G-Connectivity to Improve ATM Efficiency
  • Triple DES and RKT Technologies
  • Web-Based Technology
  • Wireless Technology in ATMs
  • Talking ATMs for Visually Handicapped
  • Novel ATM Technologies for Target Marketing
  • ATM Design Innovations
  • Select ATMs with Innovative Features
  • Continuous Rise in Off-Premise ATM Installations Worldwide Bode Well for the Market
  • ATM Security: Crucial to Improving Consumer Confidence
  • Security Measures by Leading ATM Makers
  • Recent Biometric Advancements
  • ATM Fraud: A Global Menace
  • Innovative and Diverse Attacks Present Daunting Challenge for ATM Operators
  • Transition to Chip-Only Cards Set to Begin
  • ATM Malware - A Shift from Physical Attacks to Network-based Threats
  • Malware Targeting ATMs Since 2009
  • Net-work-Based Attack: The New Path to ATM Infection
  • ATM Standards: Work in Progress
  • Card-Based EACS: A Popular Choice of Access Control Strategy
  • Banking & Financial Services: One of the Most Promising End-use Sector for Card Based EACS
  • Expanding ATM Functionalities Enhance Self-Service Experience
  • Two-Way Video Communications
  • Two-Dimensional Bar Code Scanners
  • Additional Functionalities to Improve Revenue Streams
  • ATM Cash Recycling to Gain Prominence
  • PCI DSS Compliance Promotes Windows 7 Migration of ATMs
  • Outsourcing of Select ATM Operations in the Pipeline
  • Developing Countries to Turbo Charge Future Growth in the Market
  • Explosive Demand for ATM Cash Withdrawals Boosts ATM Installations
  • Rising Global Population Propels Demand for Banking and Financial Services
  • Expanding Middle Class Population in the Developing Countries Spur Market Growth
  • India & China: Important Potential Future Markets
  • ATM Fee on the Rise: A Cause for Concern
  • Banking Industry: A Macro Perspective
  • Heading Towards a Checkless Banking Society
  • Technology, Consolidation & Deregulation
  • ATMs: Forerunners in the Debit Card Market
  • Online Banking: A Convenient Mode of Banking
  • Masters in the Cashless Economy
  • Mobile Banking: The New Face of Banking
  • Role of ATMs in the Banking Sector
  • Changing Banking Strategies with Regard to ATMs
  • Promotional Schemes Increase ATM Usage
  • Transformation of Banking Industry Increases
  • ATM Innovations in over 50 Years
  • Turning Point in the Banking History
  • Sustained Relevance and Profitability Depends on Adoption of Emerging Technologies to Innovate and Grow
  • Expanding the Utility of ATMs
  • Disruptive Technology in Retail Banking
  • Tablet Cash Machines
  • The More Agile "Pop-Up" Branch
  • New Technologies and Innovations Imperative for Driving Growth in ATMs Market
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Automated Teller Machines (ATMs) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World 7-Year Perspective for Automated Teller Machines (ATMs) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2024 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for 15" & Below by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 4: World 7-Year Perspective for 15" & Below by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Above 15" by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World 7-Year Perspective for Above 15" by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Deployment Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World 7-Year Perspective for Deployment Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 9: World Recent Past, Current & Future Analysis for Managed Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 10: World 7-Year Perspective for Managed Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Brown Label by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World 7-Year Perspective for Brown Label by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for White Label by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World 7-Year Perspective for White Label by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 15: World Recent Past, Current & Future Analysis for Cash Dispensers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 16: World 7-Year Perspective for Cash Dispensers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Smart ATMs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World 7-Year Perspective for Smart ATMs by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Conventional / Bank by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 20: World 7-Year Perspective for Conventional / Bank by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 21: World Automated Teller Machines (ATMs) Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Automatia Pankkiautomaatit Oy
  • Banking Automation Ltd.
  • BankUnited
  • Banqit AB
  • Cashway Technology Co., Ltd.
  • Chungho Comnet Co., Ltd.
  • Diebold Nixdorf, Inc.
  • Eastcom Co., Ltd.
  • Euronet Worldwide, Inc.
  • First Merit Bank

Table Information