Authored By: Sarah
13 Sep 2023

Automated Teller Machine Market Size to Grow by $ 6.94 bn through 2021-2025 | Forecast and Trend Analysis

Technavio has been monitoring the automated teller machine market and it is expected to grow by $ 6.94 bn, accelerating at a CAGR of almost 6% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Automated Teller Machine Market: Receive Free Sample Report


Automated Teller Machine Market: Emerging Trends to Impact Market Growth

to emerge as a key trend in the industrial automated teller machine market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Automated Teller Machine Market Size to Grow by $ 6.94 bn through 2021-2025 | Trend Analysis and Forecasts

Automated Teller Machine Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Diebold Nixdorf Inc., Euronet Worldwide Inc., Fujitsu Ltd., GRGBanking, Guangzhou KingTeller Technology Co. Ltd., Hitachi Ltd., Hyosung Corp., NCR Corp., Oki Electric Industry Co. Ltd., and The Digicon Group are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

For more insights into this market: Download a Free Sample Report

 

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of almost 6%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 6.94 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Multifunctionality features in ATMs will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, APAC, Europe, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    48% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Diebold Nixdorf Inc., Euronet Worldwide Inc., Fujitsu Ltd., GRGBanking, Guangzhou KingTeller Technology Co. Ltd., Hitachi Ltd., Hyosung Corp., NCR Corp., Oki Electric Industry Co. Ltd., and The Digicon Group

     
  7. What are the market segments covered in this report?
    The market is segmented by Deployment (Offsite ATM, Onsite ATM, and Others) and Geography (North America, APAC, Europe, South America, and MEA)

Automated Teller Machine Market Size to Grow by $ 6.94 Billion through 2021-2025 | Forecast and Trend Analysis

Technavio has been monitoring the automated teller machine market and it is expected to grow by $ 6.94 bn, accelerating at a CAGR of almost 6% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Automated Teller Machine Market: Receive Free Sample Report


Automated Teller Machine Market: Emerging Trends to Impact Market Growth

Multifunctional features in ATMs are a key trend in the automated teller machine market which will drive market growth and keep these systems relevant in the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Increase in the number of mobile ATMs will facilitate the automated teller machine market growth in APAC over the forecast period. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Automated Teller Machine Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Diebold Nixdorf Inc., Euronet Worldwide Inc., Fujitsu Ltd., GRGBanking, Guangzhou KingTeller Technology Co. Ltd., Hitachi Ltd., Hyosung Corp., NCR Corp., Oki Electric Industry Co. Ltd., and The Digicon Group are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

For more insights into this market:Download a Free Sample Report

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