ATM Managed Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

ATM Managed Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


Market Overview:

The global ATM managed services market size reached US$ 7.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.

Automated teller machine (ATM) managed services refer to a range of comprehensive services provided to various financial institutions and banks. It offers deposit collection, currency management, electronic product delivery, surcharging options, disaster recovery, full-service adjustment processing, and anti-skimming monitoring facilities. Apart from this, ATM managed services provide camera security, bill payment, cardless transaction, and cash withdrawal and transfer as additional features. This, in turn, assists financial institutions in optimizing operational efficiency, emphasizing productive operations, ensuring cardholder satisfaction, and improving overall profitability and performance. At present, it is commercially available in cash dispensers, conventional, smart, white, and brown label ATM types. 

ATM Managed Services Market Trends: 

With the substantial expansion in the banking, financial, services, and insurance (BFSI) sector, there has been an increasing demand for advanced ATM services to access various complex operations. This is further supported by the growing usage of money transaction machines and the rising security and maintenance concerns, which represent some of the major factors driving the market growth. In line with this, the escalating instances of fraudulent activities, including magnetic stripe skimming and the extensive uptake of debit cards by consumers, have facilitated the widespread adoption of ATM managed services, which is acting as another growth-inducing factor. Moreover, the favorable initiatives being undertaken by governments of several countries to inhibit the uptake of magstripe cards by employing EMV chips for enhanced authentication are contributing to the market growth. Furthermore, the introduction of self-service software, in confluence with the large-scale integration of mobile-based technologies and the Internet of Things (IoT) solutions with ATM managed services, is propelling the market growth. Other factors, including rapid digitization, strategic collaborations amongst financial institutions, and the rising employment of blockchain, near field communication (NFC), quicker response (QR), and artificial intelligence (AI) in ATM managed services, are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global ATM managed services market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on ATM type, service type and location.

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

Breakup by Region:

North America

United States
Canada

Asia-Pacific

China
Japan
India
South Korea
Australia
Indonesia
Others

Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Others

Latin America

Brazil
Mexico
Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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).

Key Questions Answered in This Report:

How has the global ATM managed services market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global ATM managed services market?
What are the key regional markets?
What is the breakup of the market based on the ATM type?
What is the breakup of the market based on the service type?
What is the breakup of the market based on the location?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global ATM managed services market and who are the key players?
What is the degree of competition in the industry?


1 Preface
2 Scope and Methodology
  2.1 Objectives of the Study
  2.2 Stakeholders
  2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
  2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
  2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
  4.1 Overview
  4.2 Key Industry Trends
5 Global ATM Managed Services Market
  5.1 Market Overview
  5.2 Market Performance
  5.3 Impact of COVID-19
  5.4 Market Forecast
6 Market Breakup by ATM Type
  6.1 Conventional ATM and Bank ATM
6.1.1 Market Trends
6.1.2 Market Forecast
  6.2 White Label ATM
6.2.1 Market Trends
6.2.2 Market Forecast
  6.3 Brown Label ATM
6.3.1 Market Trends
6.3.2 Market Forecast
  6.4 Cash Dispenser
6.4.1 Market Trends
6.4.2 Market Forecast
  6.5 Smart ATM
6.5.1 Market Trends
6.5.2 Market Forecast
  6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Service Type
  7.1 ATM Replenishment and Currency Management
7.1.1 Market Trends
7.1.2 Market Forecast
  7.2 Network Management
7.2.1 Market Trends
7.2.2 Market Forecast
  7.3 Security Management
7.3.1 Market Trends
7.3.2 Market Forecast
  7.4 Incident Management
7.4.1 Market Trends
7.4.2 Market Forecast
  7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Location
  8.1 Onsite ATMs
8.1.1 Market Trends
8.1.2 Market Forecast
  8.2 Offsite ATMs
8.2.1 Market Trends
8.2.2 Market Forecast
  8.3 Worksite ATMs
8.3.1 Market Trends
8.3.2 Market Forecast
  8.4 Mobile ATMs
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
  9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
  9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
  9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
  9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
  9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10  SWOT Analysis
  10.1 Overview
  10.2 Strengths
  10.3 Weaknesses
  10.4 Opportunities
  10.5 Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
  12.1 Overview
  12.2 Bargaining Power of Buyers
  12.3 Bargaining Power of Suppliers
  12.4 Degree of Competition
  12.5 Threat of New Entrants
  12.6 Threat of Substitutes
13  Price Analysis
14  Competitive Landscape
  14.1 Market Structure
  14.2 Key Players
  14.3 Profiles of Key Players
14.3.1 AGS Transact Technologies Ltd.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Cardtronics Inc. (NCR Corporation)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 CMS Info Systems Ltd.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 Diebold Nixdorf Incorporated
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Electronic Payment and Services Private Limited
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Euronet Worldwide Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Financial Software & Systems Pvt Ltd
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Fiserv Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Hitachi Payment Services Pvt. Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 LD Systems
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Quality Data Systems Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 TetraLink
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.13 Vocalink (Mastercard Inc)
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio

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