UAE ATM Managed Services Market Outlook to 2024: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The report titled “UAE ATM Managed Services Market Outlook to 2024 – By Off-Site and On-Site ATMs and By Type of Service (Cash Management Services, ATM Maintenance Services and ATM Supply)” provides a comprehensive analysis on the ATM managed services industry of UAE. The report covers various aspects including market overview, value chain and ecosystem analysis, market evolution, market segmentation by location of ATM i.e. off-site and on-site ATMs and by the type of service i.e. cash management services, ATM maintenance services and ATM supply services. The report also includes trends and developments, challenges, major cost components and profitability analysis of ATMs in UAE, Regulatory framework and Snapshot on UAE ATM supply market. Competition landscape includes market share on major ATM suppliers on the basis of revenue and their company profiles. The report concludes with future projections in the UAE ATM Managed services space and analysts recommendations for the same. UAE ATM Managed Services Market Overview and Size The UAE ATM managed services market was observed to be operating at its growth stage, approaching maturity as banks and ATM managed services companies begin investing in innovative technology to automate their services. The market is expected to increase in size due to increase in cash management services market. Banks in UAE have taken various steps in order to reduce overall costs of operations. Apart from outsourcing management of the ATMs, banks have begun reducing their commercial footprint by closing down branches, merging with other banks and investment in technology based services to reduce reliance on ATMs for customer services. UAE ATM Managed Services Market Segmentation By Location of ATM (Off-Site and On-Site) Off-Site ATMs are installed in location where there are no branches such as hospitals, malls and airports among others. The segment dominated in the UAE during 2018. Additionally, the management of off-site ATMs is completely outsourced to the cash management companies. On-site ATMs on the other hand, are located near bank branches, electronic service units and representative offices. For these ATMs, cash management services and ATM maintenance services are outsourced while security and surveillance services are managed by the banks themselves. By Type of Service (Cash Management Services, ATM Maintenance Services and ATM Supply) The market was dominated by cash management services for the period 2013-2018. Banks outsource cash management services to Transguard or manage it themselves for on-site ATMs. Cash management services include cash in transit and other cash services. Cash in Transit market includes cash replenishment and transportation of cash between bank branches, central bank and between corporate or retail outlets with cash handling centers. Cash in Transit services were seen to dominate the ATM services market as these services require fleet of armored vehicles and vans and require experienced manpower. ATM maintenance services included hardware, software and currency template management of three types of ATM machines namely cash dispensers, cash recyclers and cash in cash out machines. The market for ATM maintenance was observed to decline in the period 2013-2018 due to improvement in technology and competition between banks to provide low cost services. Hardware maintenance includes First, Second Line Maintenance and Breakdown Maintenance and software maintenance includes monthly or quarterly check up of ATM operating software. Comparative Landscape in UAE ATM Managed Services Market Competition stage within UAE ATM managed services market was observed to be highly concentrated between three major companies. For cash management services, Transguard has a monopoly while Brink’s has just started to enter the market with a small market share. Transguard acquired its competitor G4S in 2018 to become the market leader in cash management and security services. Also, Transguard handles a massive proportion of cash in circulation in the UAE while the remaining is handled by banks. Lastly, competition with ATM supply market of the UAE was also seen to be highly concentrated between 2 companies namely NCR Corporation and Diebold Nixdorf. UAE ATM Managed Services Market Future Outlook and Projections UAE ATM managed services market is further expected to rise in the forecast period 2018-2024, driven by rise in total ATM transactions, increased card usage and entry of several players in the cash management services segment. The ATM maintenance market of UAE is expected to decline as newer advanced technology in ATMs will be introduced over long term. The total number of ATMs is also expected to decline as consolidation in the banking industry is underway and as banks look to reduce costs, branches and ATMs are expected be closed down. Key Segments Covered By Location of ATMs On-Site Off-Site By Type of Services Cash Management Services ATM Maintenance Services ATM Supply Key Target Audience Banking and Financial Services Companies Investors and Venture Capital Firms Technology Service Providers Government Entities Cash Management Companies ATM Machine Manufacturers Time Period Captured in the Report: Historical Period: 2013 -2018 Forecast Period: 2018-2024 Companies Covered: Transguard NCR Corporation Diebold Nixdorf Key Topics Covered in the Report UAE ATM Managed Services Market Introduction Market Ecosystem of UAE ATM Managed Services Industry, 2018 Value Chain Analysis of UAE ATM Managed Services Industry UAE ATM Managed Services Market by Revenues, 2013-2018 UAE ATM Managed Services Market Segmentation, 2018 Major Cost Components and Profitability Analysis of ATMs in UAE, 2018 Issues and Challenges in UAE ATM Managed Services Industry Trends and Development in UAE ATM Managed Services Industry Regulations in the UAE ATM Managed Services Industry Snapshot of UAE ATM Supply Market, 2018 Company Profiles of Major Players in UAE ATM Managed Services Market UAE ATM Managed Services Future Market Outlook and Projections, 2018-2024 Analyst Recommendations For more information on the research report, refer to below link: UAE ATM Managed Services Market Related Reports Indonesia ATM Managed Service Market Outlook to 2023 – By ATMs (On-Site ATM, Off-Site ATM, Mobile ATMs), by Service (Cash Management Services, ATM Repair & Maintenance, ATM Site Maintenance & Others- Journal Management & ATM Reconciliation), By ATM Machine (Cash Dispensers, Cash Recyclers) and By Cash Management Services (Cash Replenishment Service, Cash-in-Transit, Others – Cash Processing, Cash Vaulting & Cash Forecasting). Saudi Arabia ATM Managed Service Market Outlook to 2023 – By ATMs (On-Site ATM, Off-Site ATM, Mobile ATMs), by Service (Cash Management Services, ATM Repair & Maintenance, ATM Site Maintenance), By ATM Machine (Cash Dispensers, Cash Recyclers) and By Cash Management Services (Cash Replenishment Service, Cash-in-Transit, Others – Cash Processing, Cash Vaulting, Cash Reconciliation & Cash Forecasting) India ATM Cash Management Market Forecast to 2023 – ATM Replenishment, Cash in Transit, Cash Pickup and Delivery and Vaulting Services, Bullion Management, and Cash Processing Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Sales@kenresearch.com +91-9015378249 Tags: ATM Growth Opportunities in UAE, ATM Industry Market UAE, ATM Managed Service Growth Drivers, ATM Managed Service Providers UAE, ATM Managed Service Trends, ATM outsourced by Banks in UAE, ATM sellers in UAE, ATM Vendors in UAE, ATMs managed by managed service providers in UAE, ATMs outsourced by NCB Bank in UAE, ATMs outsourced by Riyadh Bank, ATMs sold in UAE in 2018, Cash Dispensers in UAE, Cash management companies in UAE, Cash Recyclers in UAE, Cash-in-transit companies in UAE, Challenges UAE ATM Managed Service, Competition in UAE ATM Managed Service, Diebold Nixdorf Market Share UAE, Investment in ATM in UAE, Major ATM Suppliers UAE ATM, Mobile ATMs market in UAE, NCR ATM Sales Market UAE, NCR Market Share UAE, Number of ATMs in UAE, Off-site ATMs in UAE, On-site ATMs in UAE, Profiles of Cash Management Companies Providers UAE, Profiles of Major Managed Service Providers UAE, Regulations UAE ATM Managed Service, Success Factors UAE ATM Managed Services, Transguard Cash Replenishment Revenue UAE, UAE ATM cards, UAE ATM Competition, UAE ATM Contract, UAE ATM Expenses, UAE ATM Industry Growing, UAE ATM investment, UAE ATM Maintenance Market, UAE ATM Managed Service Future, UAE ATM Managed Service Market Analysis, UAE ATM Managed Service Market Revenue, UAE ATM managed service outsourcing, UAE ATM Managed Service Segment Revenue, UAE ATM Managed Services Industry, UAE ATM Managed Services Industry Research Report, UAE ATM Managed Services Market, UAE ATM Managed Services Market Application, UAE ATM Managed Services Market Forecast, UAE ATM Managed Services Market Future Outlook, UAE ATM Managed Services Market Growth, UAE ATM Managed Services Market Key Players, UAE ATM Managed Services Market Overview, UAE ATM Managed Services Market Research, UAE ATM Managed Services Market Research Report, UAE ATM Managed Services Market Revenue, UAE ATM Managed Services Market Sales, UAE ATM Managed Services Market Scope, UAE ATM Managed Services Market Segmentation, UAE ATM Managed Services Market share, UAE ATM Managed Services Market Size, UAE ATM Managed Services Market Trends, UAE ATM Managed Services Market Value, UAE ATM Market Forecast, UAE ATM Market Revenue, UAE ATM Repair and Maintenance Market, UAE ATM Service Market, UAE Cash Management Companies, UAE Cash Management Service Market, UAE Cash Management Service Market Analysis, UAE Cash Processing Market, UAE Cash Replenishment Market, UAE Cash-in-transit Market, UAE Second Line Maintenance Market, أبحاث سوق الخدمات المدارة من قبل أجهزة الصراف الآلي بدولة الإمارات العربية المتحدة, إيرادات سوق الخدمات المدارة لأجهزة الصراف الآلي في دولة الإمارات العربية المتحدة, الإمارات العربية المتحدة أجهزة إدارة سوق الخدمات المدارة, الإمارات العربية المتحدة صناعة الخدمات المدارة, القيمة السوقية للخدمات المدارة من أجهزة الصراف الآلي بدولة الإمارات العربية المتحدة, تجزئة سوق الخدمات المدارة في أجهزة الصراف الآلي بدولة الإمارات العربية المتحدة, تطبيق سوق الخدمات المدارة في دولة الإمارات العربية المتحدة, تقرير أبحاث سوق الخدمات المدارة عبر أجهزة الصراف الآلي في دولة الإمارات العربية المتحدة, توقعات سوق الخدمات المدارة للصراف الآلي في الإمارات, حجم سوق الخدمات المدارة للصراف الآلي في الإمارات, سوق الخدمات المدارة لأجهزة الصراف الآلي في دولة الإمارات العربية المتحدة, مستقبل سوق الخدمات المدارة من قبل أجهزة الصراف الآلي في الإمارات العربية المتحدة, نطاق سوق الخدمات المدارة في أجهزة الصراف الآلي بدولة الإمارات العربية المتحدة, نظرة عامة على سوق الخدمات المدارة في الإمارات العربية المتحدة, نمو سوق الخدمات المدارة في أجهزة الصراف الآلي في دولة الإمارات العربية المتحدة