New York, NY -- (SBWIRE) -- 10/27/2020 -- The ATM market was valued at around USD 18 billion in 2018 and is expected to cross the valuation of USD 26 billion by 2026 with a CAGR of above 8.5% during the forecast period. An ATM (Automated Teller Machine) is an electronic telecommunication device made for banking purposes where customers can perform transactions such as cash withdrawals, deposits, transfer funds, or obtain account information 24/7 without the need for direct interaction with the bank representative. They are mostly owned by financial institutions and organizations, but individuals and small businesses can also buy or lease ATMs by themselves or via a franchise. In such cases, the profit model is based on the fee charged to the users of the machine, and machines that are not operated by financial institutions are known as white-label ATMs.

The report studies the factors that are likely to influence the growth of the ATM market. The report includes the impact of the COVID-19 pandemic on the ATM industry. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report is attuned to the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the market scenario in the post-pandemic world.

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The report provides a comprehensive overview of the competitive landscape and provides an analysis of the key companies operating in the industry. The top players operating in the industry are AU Optronics Corp., KYOCERA Corp., Mitsubishi Electric  Corporation, Sharp Electronics Corporation, Tianma Micro-electronics Co. Ltd, NCR Corporation, Fujitsu Limited, Diebold Nixdorf, Euronet Worldwide Inc., GRG Banking Equipment Co. Ltd., Hess Cash Systems GmbH & Co. Kg, Hitachi-Omron , Terminal Solutions Corporation, Nautilus Hyosung.

The ATM industry is segmented into:

Market segment based on Solutions:

On-site ATMs
Off-site ATMs
Worksite ATMs
Mobile ATMs
Managed services

Market segment based on Type:

Conventional/Bank
Brown label
White label
Smart
Cash dispensers

Regional Outlook of ATM Market:

The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global ATM market is analyzed on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.

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Key Questions Answered by the Report:

What are the key driving factors of the ATM industry?
Which segment and sub-segment are expected to show significant growth during the forecast period?
What will the market size and growth rate be throughout the forecast period?
Who are the prominent players of the ATM industry?
What are the technological advancements and product developments taking place in the ATM market?
Which region is expected to dominate the market in the coming years?
What are the key outcomes of the SWOT analysis and Porter's Five Forces analysis?
What are the key risk factors and challenges the companies will face in the market?
What factors are expected to hinder the growth of the ATM industry

Radical Features of the ATM Market Report:

Valuable insights into the ATM market to impart an in-depth understanding of the business verticle
An 8-year forecast estimation along with an analysis of key elements of the market
Technological advancements, regulatory framework, and recent developments covered in the report
Growth analysis and projections until 2027
Statistical analysis of the key players operating in the ATM industry.

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