ATM Managed Services Market, By Service Type (ATM Maintenance Services, ATM Monitoring Services, Cash Management Services, Security Services, and Others), By Deployment Mode (Cloud-based, and On-premises), By End User (Banks, Credit Unions, Retailers, and

ATM Managed Services Market, By Service Type (ATM Maintenance Services, ATM Monitoring Services, Cash Management Services, Security Services, and Others), By Deployment Mode (Cloud-based, and On-premises), By End User (Banks, Credit Unions, Retailers, and Managed Service Providers), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

The global ATM managed services market has been witnessing significant growth in the recent years. ATM managed services include activities like monitoring, maintenance, cash management and security of automated teller machines (ATMs) which are owned by banks, financial institutions and independent ATM deployers. With the increasing deployment of ATMs across various locations for enhancing customers' banking experience, the demand for professional managed services has also risen. Factors like reducing operating costs, ensuring regulatory compliance and increasing focus on core banking competencies of financial institutions are propelling the utilization of managed services in the ATM industry. Furthermore, managed services providers help banks and independent ATM operators reduce fixed infrastructure costs through effective on-site and remote management of their ATM networks.

Market Dynamics:

The key drivers boosting the global ATM managed services market includes growing ATM installation base worldwide, focus of banks on improving customer satisfaction levels and cost reduction initiatives. Moreover, demand for managed services is also being supported by increasing outsourcing of non-core activities by banks and independent ATM deployers. However, high initial investment and maintenance costs associated with managed services could hinder the market growth during the forecast period. On the positive side, emerging opportunities in developing nations from rapid urbanization and financial inclusion programs launched by various governments are likely to offer significant expansion avenues for market players over the coming years.

Key Features of the Study:

This report provides in-depth analysis of the global ATM managed services market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global ATM managed services market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Diebold Nixdorf, NCR Corporation, Hitachi-Omron Terminal Solutions Corporation, Wincor Nixdorf AG (part of Diebold Nixdorf), GRG Banking Equipment Co., Ltd., Fujitsu Limited, Hantle (formerly B.O.S.S. Technologies), Genmega, Inc., Triton Systems, ATMIA (ATM Industry Association), KAL ATM Software, Cennox, Cardtronics, CashTech Currency Products, and Axiom Bank

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global ATM managed services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ATM managed services market

Detailed Segmentation-

By Service Type Insights (Revenue, US$ Bn, 2019 - 2031)

ATM Maintenance Services

ATM Monitoring Services

Cash Management Services

Security Services

Others

By Deployment Mode Insights (Revenue, US$ Bn, 2019 - 2031)

Cloud-based

On-premises

By End User Insights (Revenue, US$ Bn, 2019 - 2031)

Banks

Credit Unions

Retailers

Managed Service Providers (MSPs)

Regional Insights (Revenue, US$ Bn, 2019 - 2031)

North America

U.S.

Canada

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Europe

Germany

U.K.

Spain

France

Italy

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC Countries

Israel

Rest of Middle East

Africa

South Africa

North Africa

Central Africa

Key Players Insights

Diebold Nixdorf

NCR Corporation

Hitachi-Omron Terminal Solutions Corporation

Wincor Nixdorf AG (part of Diebold Nixdorf)

GRG Banking Equipment Co., Ltd.

Fujitsu Limited

Hantle (formerly B.O.S.S. Technologies)

Genmega, Inc.

Triton Systems

ATMIA (ATM Industry Association)

KAL ATM Software

Cennox

Cardtronics

CashTech Currency Products

Axiom Bank