November 2, 2020

ATM Managed Services Market Size, Share, Scope and Forecast Report by 2027

The global ATM Managed Services market is studied in detail in the new report on Qualiket Research. The new report studies the ATM Managed Services market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market’s historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods.

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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 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

By Service

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

By Region

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

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