ATM Managed Services Market, By ATM Type (Conventional ATM/Bank ATM, White Label ATM, Brown Label ATM, Cash Dispenser, Smart ATM and Others), by Application (Electronic Journal & Content Management System, ATM Service & Repair (First Line ATM Maintenance,

ATM Managed Services Market, By ATM Type (Conventional ATM/Bank ATM, White Label ATM, Brown Label ATM, Cash Dispenser, Smart ATM and Others), by Application (Electronic Journal & Content Management System, ATM Service & Repair (First Line ATM Maintenance, Second Line ATM Maintenance), ATM Deposit Automation, ATM Transaction Processing, Cash Management, Software Maintenance, Cash Reconciliation Services, and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

As the cost of owning an Automatic Teller Machine (ATM) is increasing with evolving technology, and new compliant standards, demand for ATM managed services is increasing. ATM managed services help financial institutions maximize operational efficiency and improve performance. Financial institutions can outsource the entire ownership, management, and operation of ATMs. Furthermore, growing urbanization and population in emerging economies is expected to increase the number of ATMs deployed thus subsequently driving the ATM managed services market growth over the forecast period.
Market Dynamics
The demand for big data analytics in the banking sector is expected to drive market growth during the forecast period. The demand for data analytics is increasing in the financial industry. This is attributed to the latest technological advancements in ATMs and increase in banking transactions through video technology/remote teller technology. There is a significant increase in customer adoption of self-service channels, which, in turn, increases demand for data analytics in the ATM industry to understand consumer behavior and preferences. These tools are used by many companies to forecast demand and to provide good services to the consumers. For instance, in July 2017, DBS Bank Ltd. used analytic techniques such as cloud computing, artificial intelligence, and data analytics to make better decisions, forecast market trends, and provide good customer experience. Furthermore, financial institutions are deploying advanced data models to produce a wide range of customized statistics and are focused on customer satisfaction by analyzing their behaviors through advanced techniques. For instance, in October 2021, Diebold Nixdorf expanded its product portfolio with a new managed mobility service that provides real-time business analytics to get data insights and help in decision-making to optimize business processes and enhance consumer experience.
The rising usage of internet connected devices ATMs is also driving the market growth during the forecast period. The need to get smarter by integrating smart technologies such as near field communication (NFC) and QR codes to offer better experience to the smartphone users. This will mitigate fraud activities such as card skimming and card trapping. For instance, in September 2021, according to the data collected by the Reserve Bank of India (RBI), Indian banks lost 14.5 million due to theft and online fraud. Furthermore, the integration of ATM with smartphones offer many services to financial institutions such as save transactions for future reference, provide quick transactions from previous history, card less ATM access through mobile phones, and others, which helps financial institutions to be on par with digitalization.

Key features of the study:
This report provides in-depth analysis of the global ATM managed services market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 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, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global ATM managed services market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study include FSS Tech (Financial Software & Systems Pvt. Ltd.), CashLink Global Systems Pvt. Ltd., Automated Transaction Delivery (ATM Worldwide), Fiserv, Inc. (First Data), Electronic Payment and Services Pvt. Ltd., CashTrans, Vocalink, QDS (Quality Data Systems), CMS Info Systems, NCR Corporation, TetraLink, Hitachi Payment Services Pvt. Ltd., LD Systems, Fiserv, Cardtronics
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global ATM managed services market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ATM managed services market
Detailed Segmentation
Global ATM Managed Services Market, By ATM Type:
Conventional ATM/Bank ATM
White Label ATM
Brown Label ATM
Cash Dispenser
Smart ATM
Others
Global ATM Managed Services Market, By Service:
Electronic Journal & Content Management System
ATM Service & Repair
First Line ATM Maintenance
Second Line ATM Maintenance
ATM Deposit Automation
ATM Transaction Processing
Cash Management
Software Maintenance
Cash Reconciliation Services
Global ATM Managed Services Market, By Region:
North America
By ATM Type:
Conventional ATM/Bank ATM
White Label ATM
Brown Label ATM
Cash Dispenser
Smart ATM
Others
By Service:
Electronic Journal & Content Management System
ATM Service & Repair
First Line ATM Maintenance
Second Line ATM Maintenance
ATM Deposit Automation
ATM Transaction Processing
Cash Management
Software Maintenance
Cash Reconciliation Services
By Country:
U.S.
Canada
Europe
By Component:
By ATM Type:
Conventional ATM/Bank ATM
White Label ATM
Brown Label ATM
Cash Dispenser
Smart ATM
Others
By Service:
Electronic Journal & Content Management System
ATM Service & Repair
First Line ATM Maintenance
Second Line ATM Maintenance
ATM Deposit Automation
ATM Transaction Processing
Cash Management
Software Maintenance
Cash Reconciliation Services
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By ATM Type:
Conventional ATM/Bank ATM
White Label ATM
Brown Label ATM
Cash Dispenser
Smart ATM
Others
By Service:
Electronic Journal & Content Management System
ATM Service & Repair
First Line ATM Maintenance
Second Line ATM Maintenance
ATM Deposit Automation
ATM Transaction Processing
Cash Management
Software Maintenance
Cash Reconciliation Services
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
By ATM Type:
Conventional ATM/Bank ATM
White Label ATM
Brown Label ATM
Cash Dispenser
Smart ATM
Others
By Service:
Electronic Journal & Content Management System
ATM Service & Repair
First Line ATM Maintenance
Second Line ATM Maintenance
ATM Deposit Automation
ATM Transaction Processing
Cash Management
Software Maintenance
Cash Reconciliation Services
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
By ATM Type:
Conventional ATM/Bank ATM
White Label ATM
Brown Label ATM
Cash Dispenser
Smart ATM
Others
By Service:
Electronic Journal & Content Management System
ATM Service & Repair
First Line ATM Maintenance
Second Line ATM Maintenance
ATM Deposit Automation
ATM Transaction Processing
Cash Management
Software Maintenance
Cash Reconciliation Services
By Country/Region:
GCC Countries
South Africa
Rest of Middle East and Africa
Company Profiles
FSS Tech (Financial Software & Systems Pvt. Ltd.)*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
CashLink Global Systems Pvt. Ltd.
Automated Transaction Delivery (ATM Worldwide)
Fiserv, Inc. (First Data)
Electronic Payment and Services Pvt. Ltd.
CashTrans
Vocalink
QDS (Quality Data Systems)
CMS Info Systems
NCR Corporation
TetraLink
Hitachi Payment Services Pvt. Ltd.
LD Systems
Fiserv
Cardtronics
“*” marked represents similar segmentation in other categories in the respective section.