ATM managed service provider deal and manages professional ATM services for financial institutions. Its services include operations & management of ATM network, deposit collection & delivery, ATM replenishment & currency management, anti-skimming monitoring, and others. In addition, with taking onus of ATM machines, these managed services providers help banks, financial institutions, and other business entities to enhance better user experience, maximize operational efficiency as well as profitability, to focus on productive tasks, gaining new customers, and others. Moreover, ATM service providers offer several features for selection of services including outsource the entire ownership, management &operation of ATM programs, or to select individual services.
Rise in need for easy access to complex services such as transfer of money between accounts, check clearance, and bill transfer at ATM devices enhances revenue growth for several banks, financial institutions, and others. Thus, an increase in deployment & implementation of technologies in the ATM machines to provide convenience & efficiency services and reduce operational cost is driving market growth. In addition, an increased usage of ATM machines, due to its standalone feature of continuous availability of transactional services and surge in debit cardholders are becoming major growth factors for ATM managed services. Due to increased usage of ATM machines, the demand for higher security services, proper maintenance, instant withdrawals, and other such ATM managed services tend to increase in the market. However, emergence of new payment technologies has hampered market growth as this has led to shift in preference from physical ATM machine to online transactions. In addition, an increased fraudsters targeting ATM machines, which have become one of the challenging factors for ATM managed services providers to maintain security standards, therefore limiting the growth of ATM managed services market. On the contrary, an increased technological developments provide profitable opportunities for banks & other institutions, in order to scale up ATM services strategy and operations to enhance business revenues. Furthermore, emerging economies and developing countries in Asia-Pacific are providing lucrative opportunities to the ATM managed service providers in order to expand their offerings and develop their existing ATM managed services. As several mergers & acquisitions particularly in the banking sector are taking place in these untapped economies, thus, these factors are expected to create ample opportunities in the upcoming years.
The global ATM managed services market is segmented on the basis of service type, ATM locations, and region. Based on service type, it is segmented into ATM replenishment & currency management, network management, security management, incident management, and others. On the basis of ATM locations, it is segmented into Onsite ATMs, Offsite ATMs, Worksite ATMs, and Mobile ATMs. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the global ATM managed services market analysis are AGS Transact Technologies Ltd., Cardtronics, Diebold Nixdorf, Incorporated, Euronet Worldwide, Inc., Financial Software & Systems Pvt. Ltd., Fiserv, Inc., FUJITSU, Hitachi Payment Services Pvt. Ltd., NCR Corporation, and NHAUSA. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key benefits for stakeholders
Key market segments
By Service Type
By ATM Location
By Region
Key Market Players
Rise in need for easy access to complex services such as transfer of money between accounts, check clearance, and bill transfer at ATM devices enhances revenue growth for several banks, financial institutions, and others. Thus, an increase in deployment & implementation of technologies in the ATM machines to provide convenience & efficiency services and reduce operational cost is driving market growth. In addition, an increased usage of ATM machines, due to its standalone feature of continuous availability of transactional services and surge in debit cardholders are becoming major growth factors for ATM managed services. Due to increased usage of ATM machines, the demand for higher security services, proper maintenance, instant withdrawals, and other such ATM managed services tend to increase in the market. However, emergence of new payment technologies has hampered market growth as this has led to shift in preference from physical ATM machine to online transactions. In addition, an increased fraudsters targeting ATM machines, which have become one of the challenging factors for ATM managed services providers to maintain security standards, therefore limiting the growth of ATM managed services market. On the contrary, an increased technological developments provide profitable opportunities for banks & other institutions, in order to scale up ATM services strategy and operations to enhance business revenues. Furthermore, emerging economies and developing countries in Asia-Pacific are providing lucrative opportunities to the ATM managed service providers in order to expand their offerings and develop their existing ATM managed services. As several mergers & acquisitions particularly in the banking sector are taking place in these untapped economies, thus, these factors are expected to create ample opportunities in the upcoming years.
The global ATM managed services market is segmented on the basis of service type, ATM locations, and region. Based on service type, it is segmented into ATM replenishment & currency management, network management, security management, incident management, and others. On the basis of ATM locations, it is segmented into Onsite ATMs, Offsite ATMs, Worksite ATMs, and Mobile ATMs. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the global ATM managed services market analysis are AGS Transact Technologies Ltd., Cardtronics, Diebold Nixdorf, Incorporated, Euronet Worldwide, Inc., Financial Software & Systems Pvt. Ltd., Fiserv, Inc., FUJITSU, Hitachi Payment Services Pvt. Ltd., NCR Corporation, and NHAUSA. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key benefits for stakeholders
- The study provides an in-depth analysis of the global ATM managed services market along with the current & future trends to elucidate the imminent investment pockets.
- Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global ATM managed services market from 2020 to 2027 is provided to determine the market potential.
Key market segments
By Service Type
- ATM Replenishment & Currency Management
- Network Management
- Security Management
- Incident Management
- Others
By ATM Location
- Onsite ATMs
- Offsite ATMs
- Worksite ATMs
- Mobile ATMs
By Region
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- ASEAN
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- AGS Transact Technologies Ltd.
- Cardtronics
- Diebold Nixdorf, Incorporated
- Euronet Worldwide, Inc.
- Financial Software & Systems Pvt. Ltd.
- Fiserv, Inc.
- FUJITSU
- Hitachi Payment Services Pvt. Ltd.
- NCR Corporation
- NHAUSA
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: ATM Market, by Service Type
Chapter 5: ATM Market, by ATM Locations
Chapter 6: ATM Managed Services Market, by Region
Chapter 7: Competitive Landscape
Chapter 8: Company Profiles
Companies Mentioned
- AGS Transact Technologies Ltd
- Cardtronics
- Diebold Nixdorf Inc.rporated
- Euronet Worldwide Inc
- Financial Software & Systems Pvt Ltd
- Fiserv Inc
- FUJITSU
- Hitachi Payment Services Pvt Ltd
- NCR Corporation
- NHAUSA
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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