IMARC Group has recently released a new research study “ATM managed services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What are the growth prospects of the ATM managed services Industry?

The global Atm Managed Services market size reached US$ 7.36 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 10.19 Billion by 2027, exhibiting a growth rate (CAGR) of 5.40% during 2022-2027.

What is a ATM managed services?

Automated teller machine (ATM) managed services, also known as ATM as a service, are comprehensive services offered to numerous financial institutions and banks. Some commonly used ATMs include smart cash dispensers, brown and white labels, and conventional bank ATMs. They provide electronic product delivery, disaster recovery, surcharging options, currency management, full-service adjustment processing, deposit collection, and anti-skimming monitoring facilities.

These services also offer cardless transactions, cash withdrawals and transfers, bill payments, and camera security. In addition, they reduce operating costs, improve customer service, simplify network operation, reduce downtime, provide reliable service and quick response to service call, and enhances overall profitability and performance. As a result, ATM-managed services are gaining traction across the globe.

Request For Sample Report: https://www.imarcgroup.com/atm-managed-services-market/requestsample

What are the key factors driving in the ATM managed services market?

The market is primarily driven by the increasing demand for advanced ATM services to manage complex operations such as fund transfer, deposit, and cash withdrawal 24×7 across the globe. In addition, the expanding banking, financial, services, and insurance (BFSI) sector and increasing utilization of enhanced security measures such as biometric and one-time password authentication systems to prevent fraud are contributing to the market growth.

Moreover, various technological advancements, such as the introduction of mobile-based technologies, quicker response (QR) codes, artificial intelligence (AI), blockchain, and the internet of things (IoT) solutions with ATM-managed services, represent another major growth-inducing factor. Besides this, governments of several countries are taking initiatives to promote the uptake of magstripe cards by using Europay MasterCard and Visa (EMV) chips for improved authentication is providing a positive thrust to the market growth. Furthermore, rapid digitizations, the advent of smart ATMs for users with special needs, and strategic collaborations among financial institutions are also creating a favorable market outlook.

who are the key players/companies in ATM managed services market?

AGS Transact Technologies Ltd., Cardtronics Inc. (NCR Corporation), CMS Info Systems Ltd., Diebold Nixdorf Incorporated, Electronic Payment and Services Private Limited, Euronet Worldwide Inc., Financial Software & Systems Pvt Ltd, Fiserv Inc., Hitachi Payment Services Pvt. Ltd., LD Systems, Quality Data Systems Inc., TetraLink and Vocalink (Mastercard Inc).

Click here to view detailed information with table of content: https://www.imarcgroup.com/atm-managed-services-market/requestsample

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by ATM Type:

• Conventional ATM and Bank ATM
• White Label ATM
• Brown Label ATM
• Cash Dispenser
• Smart ATM
• Others

Breakup by Service Type:

• ATM Replenishment and Currency Management
• Network Management
• Security Management
• Incident Management
• Others

Breakup by Location:

• Onsite ATMs
• Offsite ATMs
• Worksite ATMs
• Mobile ATMs

By Geography:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.

30 N Gould St Ste R

Sheridan, WY 82801 USA – Wyoming

Email: [email protected]

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 |

Africa and Europe :- +44-702-409-7331 |

Asia: +91-120-433-0800, +91-120-433-0800

The post ATM Managed Services Market Research Report 2022-2027 appeared first on Think-How.