ATM Market - Industry Insights, Top Trends, Growth and Forecast to 2024

Upgradation of simple cash dispensers to multifunctional machines is expected to propel ATM market growth. The ability of these upgraded machines to perform functions such as fund transfer, bill payment, and mini-statements, in addition to dispensing cash provides a one-point solution to the customers, thus adding up to the popularity. Furthermore, the proliferation of drive-thru machines is expected to accelerate the ATM market growth. Drive-thru machines are ideal for people who have difficulty in leaving car to visit cash machines, due to either difficulty in finding parking space or gave babies in their cars.
Get sample copy of this research report @
The advent of smartphones & next-gen connected technologies enabling safe, easy, & rapid cash access has considerably revolutionized ATM market in the recent years. With the concept of the Internet of Things gaining traction and the deployment of mobiles becoming more prominent across the globe, consumers are expecting banks to provide effective, accessible, connected, and user-friendly applications for dispensing cash. In a bid to remain competitive in the ATM industry, financial institutions have been making numerous efforts to provide cardless services to their customers through new software installations in automated teller machines that can be accessed via mobiles.
Technology is disrupting the trends with improvisation of basic cash dispensing machines to multi-functional machines. PCI compliance and other regulatory requirements, in addition to EMV upgrades, and new software & hardware functionalities are beginning to enter the industry. Growing trend of consolidation of ATM management through a single vendor to make it easier to implement new programs and processes is driving the ATM market growth. Many providers also offer regulatory compliance guarantees, releasing the financial institution of the cost and inconvenience associated with constantly changing regulations.
Browse key industry insights spread across 145 pages with 218 market data tables & 46 figures & charts from the report ATM Market in detail along with the table of contents @
Increasing threats to the security of the systems, due to increasing sophistication of the cyber-attacks is expected to pose a major threat to the ATM market. The companies are forced to upgrade the machine software to be equipped to tackle security breaches. In 2012, the operators in the industry were compelled to upgrade to Windows 7 from Windows XP before April 2014. Microsoft has now announced that the operators need to migrate from Windows 7 to Windows 10 by January 2020 to improve system performance and enhance security.
Some Point from Table of Contents:
Chapter 4 ATM Market, By Solution
4.1 ATM market share by solution, 2016 & 2024
4.2 Deployment
4.2.1 Market estimates and forecast, 2013 - 2024
4.2.2 Market estimates and forecast, by region, 2013 - 2024
4.2.3 Onsite (Bank-owned) Market estimates and forecast, 2013 - 2024 Market estimates and forecast, by region, 2013 - 2024
4.2.4 Offsite Market estimates and forecast, 2013 - 2024 Market estimates and forecast, by region, 2013 - 2024
4.2.5 Worksite Market estimates and forecast, 2013 - 2024 Market estimates and forecast, by region, 2013 - 2024
4.2.6 Mobile Market estimates and forecast, 2013 - 2024 Market estimates and forecast, by region, 2013 - 2024
4.3 Managed Services
4.3.1 Market estimates and forecast, 2013 - 2024
4.3.2 Market estimates and forecast, by region, 2013 - 2024
Browse complete Table of Contents (ToC) of this research report @
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
Email: [email protected]