Market Overview:
The global conventional/bank ATM market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for conventional/bank ATMs from the banking sector, owing to their ability to provide enhanced customer experience and improve operational efficiency. In addition, the growing trend of cashless transactions is also contributing significantly towards the growth of this market. Based on type, deployment is estimated to account for a larger share of the global conventional/bank ATM market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018-2030. On basis on application, bank service agent segment accounted for majority share in 2017 and it projected register highest CAGR over next 10 years .
Product Definition:
A Conventional/Bank ATM is a machine that dispenses cash and allows customers to withdraw money, make deposits, and check their account balances. They are typically found in banks, credit unions, convenience stores, and other locations. The importance of Conventional/Bank ATMs is that they provide a convenient way for customers to access their money without having to go into a bank branch.
Deployment:
Deployment is the process of installing an ATM at a particular location. It has become easier due to technological advancements and innovations in the field. The deployment of ATMs is increasing globally, especially in developing countries such as India, Thailand, etc., which are expected to drive market growth over the forecast period.
The conventional/bank ATM market was valued at USD 2 billion in 2012.
Managed Services:
Managed services are the set of processes and technologies used by financial institutes to reduce their operational costs, increase revenues, and improve customer service. The conventional/bank ATM market is expected to grow at a significant rate over the forecast period owing to increasing demand for cash-based transactions globally.
The global managed services market was valued at USD 31.59 billion in 2014.
Application Insights:
The deployment segment includes both on-premise and cloud-based solutions. The managed services segment is anticipated to witness the highest growth over the forecast period. Conventional/bank ATM solutions are deployed in banks to provide secure authentication and transaction processing capabilities for users. These systems help banks reduce operating costs, automate business processes, improve customer service quality, increase operational efficiency and enhance security of bank transactions.
The growing adoption of digital technologies across various industries including financial institutions is expected to drive demand for cloud-based conventional/bank ATM solution over the forecast period.
Regional Analysis:
Europe dominated the global conventional/bank ATM market in 2017. The growth can be attributed to the presence of major market players such as BAE Systems, Diebold Nixdorf, and NCR Corporation. Europe is also expected to emerge as a promising region with increased adoption of these machines over the forecast period. Asia Pacific conventional/bank ATM market is projected to grow at a lucrative CAGR during the same period owing to increasing demand for cashless transactions from emerging economies such as India and China. Moreover, rising investments by prominent industry players are anticipated to drive regional growth over next eight years.
North America conventional/bank ATM market was valued at USD X million in 2017 and is estimated to expand further due high level of penetration observed across U.S.
Growth Factors:
- Increasing demand for cashless transactions and the growth of digital payments
- The increasing number of ATMs in rural areas to cater to the growing population
- The increasing demand for convenience and 24/7 availability of ATMs
- The growing trend of using mobile banking apps and other digital channels for transactions
- The increasing use of debit cards and credit cards instead of cash
Scope Of The Report
Report Attributes
Report Details
Report Title
Conventional/Bank ATM Market Research Report
By Type
Deployment, Managed Services
By Application
Bank Service Agent, Bank
By Companies
Fujitsu (Japan), GRG Banking (China), HESS Terminal Solutions (USA), Hitachi Payment Services (Japan), Nautilus Hyosung (South Korea), NCR Corporation (USA), Wincor Nixdorf AG. (Germany), DIEBOLD INC. (USA), Euronet (USA)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Conventional/Bank ATM Market Report Segments:
The global Conventional/Bank ATM market is segmented on the basis of:
Types
Deployment, Managed Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bank Service Agent, Bank
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fujitsu (Japan)
- GRG Banking (China)
- HESS Terminal Solutions (USA)
- Hitachi Payment Services (Japan)
- Nautilus Hyosung (South Korea)
- NCR Corporation (USA)
- Wincor Nixdorf AG. (Germany)
- DIEBOLD INC. (USA)
- Euronet (USA)
Highlights of The Conventional/Bank ATM Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Deployment
- Managed Services
- By Application:
- Bank Service Agent
- Bank
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Conventional/Bank ATM Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A conventional/bank ATM is a machine that allows customers to withdraw cash from their bank account.
Some of the major companies in the conventional/bank atm market are Fujitsu (Japan), GRG Banking (China), HESS Terminal Solutions (USA), Hitachi Payment Services (Japan), Nautilus Hyosung (South Korea), NCR Corporation (USA), Wincor Nixdorf AG. (Germany), DIEBOLD INC. (USA), Euronet (USA).
The conventional/bank atm market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Conventional/Bank ATM Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Conventional/Bank ATM Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Conventional/Bank ATM Market - Supply Chain
4.5. Global Conventional/Bank ATM Market Forecast
4.5.1. Conventional/Bank ATM Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Conventional/Bank ATM Market Size (000 Units) and Y-o-Y Growth
4.5.3. Conventional/Bank ATM Market Absolute $ Opportunity
5. Global Conventional/Bank ATM Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Conventional/Bank ATM Market Size and Volume Forecast by Type
5.3.1. Deployment
5.3.2. Managed Services
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Conventional/Bank ATM Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Conventional/Bank ATM Market Size and Volume Forecast by Application
6.3.1. Bank Service Agent
6.3.2. Bank
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Conventional/Bank ATM Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Conventional/Bank ATM Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Conventional/Bank ATM Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Conventional/Bank ATM Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Conventional/Bank ATM Demand Share Forecast, 2019-2029
9. North America Conventional/Bank ATM Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Conventional/Bank ATM Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Conventional/Bank ATM Market Size and Volume Forecast by Application
9.4.1. Bank Service Agent
9.4.2. Bank
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Conventional/Bank ATM Market Size and Volume Forecast by Type
9.7.1. Deployment
9.7.2. Managed Services
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Conventional/Bank ATM Demand Share Forecast, 2019-2029
10. Latin America Conventional/Bank ATM Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Conventional/Bank ATM Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Conventional/Bank ATM Market Size and Volume Forecast by Application
10.4.1. Bank Service Agent
10.4.2. Bank
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Conventional/Bank ATM Market Size and Volume Forecast by Type
10.7.1. Deployment
10.7.2. Managed Services
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Conventional/Bank ATM Demand Share Forecast, 2019-2029
11. Europe Conventional/Bank ATM Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Conventional/Bank ATM Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Conventional/Bank ATM Market Size and Volume Forecast by Application
11.4.1. Bank Service Agent
11.4.2. Bank
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Conventional/Bank ATM Market Size and Volume Forecast by Type
11.7.1. Deployment
11.7.2. Managed Services
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Coutry
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Conventional/Bank ATM Demand Share, 2019-2029
12. Asia Pacific Conventional/Bank ATM Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Conventional/Bank ATM Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Conventional/Bank ATM Market Size and Volume Forecast by Application
12.4.1. Bank Service Agent
12.4.2. Bank
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Conventional/Bank ATM Market Size and Volume Forecast by Type
12.7.1. Deployment
12.7.2. Managed Services
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Conventional/Bank ATM Demand Share, 2019-2029
13. Middle East & Africa Conventional/Bank ATM Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Conventional/Bank ATM Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Conventional/Bank ATM Market Size and Volume Forecast by Application
13.4.1. Bank Service Agent
13.4.2. Bank
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Conventional/Bank ATM Market Size and Volume Forecast by Type
13.7.1. Deployment
13.7.2. Managed Services
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Conventional/Bank ATM Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Conventional/Bank ATM Market: Market Share Analysis
14.2. Conventional/Bank ATM Distributors and Customers
14.3. Conventional/Bank ATM Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fujitsu (Japan)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GRG Banking (China)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HESS Terminal Solutions (USA)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hitachi Payment Services (Japan)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nautilus Hyosung (South Korea)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NCR Corporation (USA)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wincor Nixdorf AG. (Germany)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DIEBOLD INC. (USA)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Euronet (USA)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
