Market Overview:
The global self-service deposit machines market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cashless transactions and the rising trend of automation across different industries. The market is segmented on the basis of type, application, and region. On the basis of type, the self-service deposit machines market is segmented into cash dispensers and automated deposit terminals (ADTs). The cash dispensers segment dominated the global self-service deposit machines market in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to their growing popularity among consumers for withdrawing money from ATMs as well as depositing money into bank accounts without having to go through a bank teller.
Product Definition:
A self-service deposit machine (SSDM) is a type of kiosk that allows customers to deposit money or cheques into their bank account without the need for a human bank teller. The machines are often found in convenience stores, retail chains, and other locations where people may be on the go.
The importance of SSDMs lies in their ability to speed up the process of depositing funds into one's bank account. This can be especially helpful for people who live busy lives and do not have time to go into a physical branch location during regular banking hours. SSDMs also offer customers another option for making deposits, which can come in handy if there is no nearby brick-and-mortar bank branch or if that branch happens to be closed at the time when someone needs to make a deposit.
Cash Dispenser:
The cash dispenser is a device used in self-service deposit machines to dispense money. The machine includes a mechanism that detects the presence of bills in the bill acceptor and then delivers money based on the selected mode.
Self-service deposit machines are widely used across various sectors such as retail, hospitality, healthcare & pharmaceuticals, transportation & logistics and others for making deposits or withdrawals with various payment modes.
Automated Deposit Terminal:
An ADT is a self-service deposit machine used by banks and financial institutions to receive payments. It is an electronic device that enables users to make deposits or withdrawals from their bank accounts via a computer interface.
The global ADT market size was valued at USD 2,75,000 in 2016 and it is expected to grow significantly over the forecast period owing to its rising demand across the emerging nations including India, China, Brazil and Mexico among others.
Application Insights:
The global self-service deposit machines market is segmented by application into banks and retail. The bank application segment dominated the overall market in 2017, accounting for over 60% of the overall revenue share. This high share is attributable to various factors such as rising number of commercial and residential construction projects across developing countries, increasing demand for ATMs from various industries such as real estate, hospitality and entertainment businesses.
The retail application segment is expected to witness significant growth over the forecast period owing to growing adoption of automated teller machines (ATM) at convenience stores and small-scale retailers globally. Furthermore, increasing penetration of mobile payments coupled with rising consumer preference for onsite cash dispensing solutions are further driving growth in this sector over the forecast period.
Increasing adoption of e-commerce has resulted in a rise in demand for cashless transactions which have subsequently driven demand for self-service deposit machines at retail outlets globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing adoption of self-service deposit machines in countries such as China and Japan. In 2016, these machines accounted for a share of more than 50% in Japan and more than 80% in China. Moreover, Asia Pacific is home to several emerging economies with growing middle class populations looking for convenient banking services. Increasing use of mobile phones coupled with internet connectivity will drive demand further.
The European market held a significant share owing to early adoption by financial institutions there followed by North America region which has been witnessing steady growth since 2013 when these systems were first introduced in U.S.
Growth Factors:
- Increasing demand for automation and convenience in banking transactions
- Rising demand for cashless transactions
- Proliferation of digital banking channels and services
- Growing awareness about the benefits of self-service deposit machines among consumers
- Increasing penetration of self-service deposit machines across different geographies
Scope Of The Report
Report Attributes
Report Details
Report Title
Self-service Deposit Machines Market Research Report
By Type
Cash Dispenser, Automated Deposit Terminal
By Application
Bank, Retail
By Companies
Hart Monetic, Future Techniks, NCR, Diebold, Wincor Nixdorf International, GRG Banking Equipment, Hitachi Payment Services, Synkey Group, Perto, Fujitsu, OKI, Nautilus Hyosung, SPL Group, Hantle, Royal Bank Technology, KingTeller, Eastcom
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Self-service Deposit Machines Market Report Segments:
The global Self-service Deposit Machines market is segmented on the basis of:
Types
Cash Dispenser, Automated Deposit Terminal
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, Retail
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:
- Hart Monetic
- Future Techniks
- NCR
- Diebold
- Wincor Nixdorf International
- GRG Banking Equipment
- Hitachi Payment Services
- Synkey Group
- Perto
- Fujitsu
- OKI
- Nautilus Hyosung
- SPL Group
- Hantle
- Royal Bank Technology
- KingTeller
- Eastcom
Highlights of The Self-service Deposit Machines 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:
- Cash Dispenser
- Automated Deposit Terminal
- By Application:
- Bank
- Retail
- 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 Self-service Deposit Machines 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?
Self-service deposit machines are a type of automated teller machine that allow customers to make deposits and withdrawals without the assistance of a bank employee.
Some of the major companies in the self-service deposit machines market are Hart Monetic, Future Techniks, NCR, Diebold, Wincor Nixdorf International, GRG Banking Equipment, Hitachi Payment Services, Synkey Group, Perto, Fujitsu, OKI, Nautilus Hyosung, SPL Group, Hantle, Royal Bank Technology, KingTeller, Eastcom.
The self-service deposit machines market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Self-service Deposit Machines 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. Self-service Deposit Machines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Self-service Deposit Machines Market - Supply Chain
4.5. Global Self-service Deposit Machines Market Forecast
4.5.1. Self-service Deposit Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Self-service Deposit Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Self-service Deposit Machines Market Absolute $ Opportunity
5. Global Self-service Deposit Machines 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. Self-service Deposit Machines Market Size and Volume Forecast by Type
5.3.1. Cash Dispenser
5.3.2. Automated Deposit Terminal
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Self-service Deposit Machines 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. Self-service Deposit Machines Market Size and Volume Forecast by Application
6.3.1. Bank
6.3.2. Retail
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Self-service Deposit Machines 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. Self-service Deposit Machines 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 Self-service Deposit Machines 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. Self-service Deposit Machines 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 Self-service Deposit Machines Demand Share Forecast, 2019-2026
9. North America Self-service Deposit Machines 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 Self-service Deposit Machines 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 Self-service Deposit Machines Market Size and Volume Forecast by Application
9.4.1. Bank
9.4.2. Retail
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Self-service Deposit Machines Market Size and Volume Forecast by Type
9.7.1. Cash Dispenser
9.7.2. Automated Deposit Terminal
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 Self-service Deposit Machines Demand Share Forecast, 2019-2026
10. Latin America Self-service Deposit Machines 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 Self-service Deposit Machines 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 Self-service Deposit Machines Market Size and Volume Forecast by Application
10.4.1. Bank
10.4.2. Retail
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Self-service Deposit Machines Market Size and Volume Forecast by Type
10.7.1. Cash Dispenser
10.7.2. Automated Deposit Terminal
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 Self-service Deposit Machines Demand Share Forecast, 2019-2026
11. Europe Self-service Deposit Machines 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 Self-service Deposit Machines 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 Self-service Deposit Machines Market Size and Volume Forecast by Application
11.4.1. Bank
11.4.2. Retail
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Self-service Deposit Machines Market Size and Volume Forecast by Type
11.7.1. Cash Dispenser
11.7.2. Automated Deposit Terminal
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 Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Self-service Deposit Machines Demand Share, 2019-2026
12. Asia Pacific Self-service Deposit Machines 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 Self-service Deposit Machines 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 Self-service Deposit Machines Market Size and Volume Forecast by Application
12.4.1. Bank
12.4.2. Retail
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Self-service Deposit Machines Market Size and Volume Forecast by Type
12.7.1. Cash Dispenser
12.7.2. Automated Deposit Terminal
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 Self-service Deposit Machines Demand Share, 2019-2026
13. Middle East & Africa Self-service Deposit Machines 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 Self-service Deposit Machines 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 Self-service Deposit Machines Market Size and Volume Forecast by Application
13.4.1. Bank
13.4.2. Retail
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Self-service Deposit Machines Market Size and Volume Forecast by Type
13.7.1. Cash Dispenser
13.7.2. Automated Deposit Terminal
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 Self-service Deposit Machines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Self-service Deposit Machines Market: Market Share Analysis
14.2. Self-service Deposit Machines Distributors and Customers
14.3. Self-service Deposit Machines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hart Monetic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Future Techniks
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NCR
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Diebold
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wincor Nixdorf International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GRG Banking Equipment
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hitachi Payment Services
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Synkey Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Perto
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fujitsu
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. OKI
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nautilus Hyosung
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SPL Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hantle
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Royal Bank Technology
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. KingTeller
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Eastcom
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
