Global ATM Managed Services Market Size & Share to 2027

Global ATM Managed Services Market Size & Share to 2027

Global ATM Managed Services Market Size, Trends & Growth Opportunity, By ATM Type (Conventional ATM, White Label ATM, Cash Dispenser, Black Label ATM, and Smart ATM), By Service (Electronic Journal & Content Management System, First Line ATM Maintenance, ATM Service & Repair, ATM Deposit Automation, ATM Transaction Processing, Cash Management, and Cash Reconciliation Services), By Region and Forecast till 2027

Global ATM Managed Services Market

ATM managed services are professional and secured providers of several features as well as customized services for ATM machines. These services help in improving efficient transaction processing, network connectivity, hardware maintenance, and customer experience as well. Several financial institutions, banks and other entities partner with ATM managed service providers to maintain their ATM installations and services for the machines.

Market Drivers

Increase in prevalence of ATMs in public and commercial places over the past few years which is expected to propel the global ATM managed services market growth. Also, rise in number of ATMs is another driving factor which has outpaced the demand of ATM managed services. Furthermore, ATM managed services provide additional advantages including improved operational profit and loss, compliance with new regulations, and others which are expected to fuel the global ATM managed services market growth. Moreover, security of ATM booths is major concern for banks. These services also help banks in order to update security technology and improve safety level of ATM. This feature of ATM managed services is anticipated to boost the demand for these services in upcoming years.

Market Restraints

An increase in demand for cashless transactions and digital payments by government and bank will reduce the use of ATMs which expected to hamper the global ATM managed services market growth over the forecast period.

Market segmentation

Global ATM Managed Services Market is segmented into ATM type such as Conventional ATM, White Label ATM, Cash Dispenser, Black Label ATM, and Smart ATM. Further, market is segmented into service such as Electronic Journal & Content Management System, First Line ATM Maintenance, ATM Service & Repair, ATM Deposit Automation, ATM Transaction Processing, Cash Management, and Cash Reconciliation Services.

Also, Global ATM Managed Services Market is segmented five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market key Players

The key companies are profiled in the global ATM managed services market report such as AGS Transact Technologies Ltd, Diebold Nixdorf, Cardtronics, Euronet Worldwide, Inc, Fiserv, Inc, Hitachi Payment Services Pvt. Ltd, FUJITSU, NCR Corporation, Financial Software & Systems Pvt. Ltd, and NHAUSA.

Market Taxonomy

By ATM Type

• Conventional ATM
• White Label ATM
• Cash Dispenser
• Black Label ATM
• Smart ATM

• Electronic Journal & Content Management System
• First Line ATM Maintenance
• ATM Service & Repair
• ATM Deposit Automation
• ATM Transaction Processing
• Cash Management
• Cash Reconciliation Services

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

• What are the Key Opportunities in Global ATM Managed Services Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?