The Growing ATM Deployment, Rising Banking Population, and Proliferation of ATMs in Rural and Semi-Rural Areas to Drive the ATM Managed Services Market in India: 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 India ATM Managed Services Market Ecosystem India ATM Managed Services Market is in the development stage, being driven by the increasing banking population, along with higher outsourcing by PSU Banks and Transparency in System. Major entities in the market are ATM Manufacturers, Managed Service Providers, Cash Management companies and others which are contributing to the increasing revenues of the market. For more information, Request a Free Sample Report Key Market Findings: There will be an increase in the demand for Managed Services owing to the increase in the number of ATMs in the country, especially in the rural and tier IV areas. In the future, it is anticipated that revenue from ATM Site Management will increase at a CAGR of 5.7% during the period FY’2022 – FY’2027. The expansion of ATM deployment and manufacturing businesses will be supported by upgrades to current ATMs, a boom in the use of cash recyclers, and the installation of new ATMs in rural areas. The surge in Cash withdrawal and a Higher Demand for ATMs in the Future: In the future, growing numbers of ATMs would be installed in outlying areas which are less accessible to service and maintenance teams. While the cash recyclers, which typically have a shorter lifespan than cash dispensers, are set to grow as a share of the total ATMs installed. These factors are expected to shorten average ATM replacement cycles. However, to reduce costs, deployers may attempt to make their machines last longer, perhaps by repairing terminals that would otherwise be replaced. Growth in debit cards and increasing direct benefit transfers will lead to a surge in cash withdrawal and a higher demand for ATMs in the future, which will imply banks to outsource more ATMs. Financial Inclusion will drive the Demand: In the future, it is anticipated that the majority of the revenue through ATM managed services would be generated from ATM Site Management such as man guarding, payment of rent, network services and other cash management services. The government schemes for financial inclusion such as PMJDY (Pradhan Mantri Jan Dhan Yojna) will drive the demand for ATM supply in the future. Focus on the profitability: The per transaction fees tend to remain oligopolistic in nature which compels the company to reduce its cost of operations and come up with new techniques such as Solar ATMs, micro-ATMs, streamlining of operations and other ways to sustain its profitability. The country’s economic expansion, an increase in income levels primarily in metropolitan areas as a result of an increase in employment prospects, and the transition from class banking to mass banking have contributed to the growth of the ATM business in recent years. Analysts at Ken Research in their latest publication “India ATM Managed Services Market outlook to FY2027” observed the potential of ATM-managed services in India. The increasing number of ATMs in India, technological advancements, the improving banking services in India, and the increased number of banked populations are expected to contribute to the market growth over the forecast period. The India ATM Managed Services Market is expected to grow at 5.4% CAGR over the forecasted period FY’2022-FY’2027F owing to the increasing demand for managed services by banks in rural and semi-urban areas. Key Segments Covered in the Report ATM Managed Services Market: By Type of Service Offerings Site Management Cash Management ATM Supply Transaction Processing Repair and Maintenance Cash Reconciliation Statement Content and Electronic General Management By Type of ATM Managed Services Brown Label ATM Managed By Banks White Label ATM By ATM Machine Cash Dispenser Cash Recycler By Model Fixed Pay Variable Pay Cash Management Market: Types of Services ATM Replenishment CIT CPD Others Market Share of Major Players By no. of ATM Replenished By Revenue ATM Supply Market: By shipments: New Shipments Replacement Market Size by Revenue Market Share of Major Players by no. of ATMs supplied Key Target Audience ATM Managed service providers Cash management companies ATM Manufacturers White Label ATM Management companies Public and Private Sector Banks including Payments Banks Reserve Bank of India (RBI) and NHB ATM Switch companies Cash Reconciliation Companies Digital Payments Merchants VC & PEs, Investment Bankers Time Period Captured in the Report: Historical Year: FY2016-FY2026 Base Year: FY2022 Forecast Period: FY2022 – FY2027F Companies Covered: Hitachi Payments AGS Transact Diebold Nixdorf NCR Corporation Euronet FSS FIS Tata Communication Payment EPS CMS Infosystems Writer Business Services Hyosung OKI Perto Brink’s Arya SIS Prosegur And Others Key Topics Covered in the Report India ATM Managed Services Market Size (FY’2016-FY’2022) India ATM Managed Services Market Overview India ATM Managed Services Market Segmentation By Type Of ATMs (Managed Services, Brown Label ATM, Managed By Banks, White Label ATMs) India ATM Managed Services market Segmentation By Type Of ATM Machine (Cash Dispensing And Cash Recyclers) India ATM Managed Services Market Segmentation By Service Offerings (ATM Repair And Maintenance, ATM Site Management, Transaction Processing, Cash Reconciliation Statement, Content And Electronic Journal Management ) India ATM Managed Services Market Segmentation By Business Model (Fixed Pay Model And Variable Pay Model) India ATM Cash Management Services Market Segmentation By Services (ATM Replenishment, CIT, CPD And Others) India ATM Managed Services market Ecosystem And Value Chain Analysis Snapshot on India ATM Cash Management Services Market. Snapshot on India ATM Supply Market Decision Making Process And Tender Process Applicable In India ATM Managed Services Market Trend And Developments In India ATM Managed Services Market Issues And Challenges In India ATM Managed Services Market Impact of Demonetization and COVID-19 on the ATM Managed Services Market Current Deployment and Future growth of Cash Recycling Machines in India Recent Investment Details (Mergers, Acquisition And Partnerships) In India ATM Managed Services Market Complete Competition Analysis Including Heat Maps & Strength and Weakness Of The Major Companies. Competitive Landscape Of Major Players In India ATM Managed Services Market SWOT Analysis Of India ATM Managed Services Market Future Outlook And Projections Of India ATM Managed Services Market (FY’2022-FY’2027F) Analyst Recommendations For more insights on the market intelligence, refer to the link below India ATM Managed Services Market Related Reports by Ken Research UAE ATM Managed Services Market Outlook to 2024 Indonesia ATM Managed Service Market Outlook to 2023 Saudi Arabia ATM Managed Service Market Outlook to 2023 Post Views: 4 Tags: AGS Transact revenue India, ATM Cash Management Services market, ATM Managed Service Market in India, ATM Managed service providers India, ATM Managed Services portfolio India, ATM Manufacturing Companies in India, ATM providers Companies in India, ATM Service Market in India, ATM Site Management Companies in India, ATM Supply Market in India, Automatic teller machine demand India, Brown Label ATM Market in India, Cash Dispensing Machines in India, Cash in Transit Services Market in India, Cash management companies India, Cash Reconciliation Companies India, Cash Recyclers in India, Cash Recycling Machines market India, Challenges in India ATM Managed Services Market, CMS Infosystem business model India, Competitors in India ATM Managed Services Market, Digital Payments Merchants In India, E-platform players ATM managed Market, Emerging Companies in India ATM Managed Services Market, Hitachi market share India, India ATM Deployment Market, India ATM Managed Services Industry, India ATM managed services Lenders, India ATM Managed Services Market, India ATM Managed Services Market Challenges, India ATM Managed Services Market Major Player, India ATM Managed Services Sector, India ATM Management Services Market, India ATM Replenishment Market, India ATM Services industry, India ATM Services sector outlook, India ATM Supply Market, India Automated bank teller service Market, India Cash Management Market, Investment Bankers share India ATM Managed Services Companies, Leading ATM managed services India, Leading Players in India ATM Managed Services Market, Mondial Relay India ATM Managed Services Market, NCR Corporation market share India, Number of ATM deployed in India, Number of ATMs in India, Number of Cash Recyclers in India, Opportunities in India ATM Managed Services Market, Retail Cash Management Market in India, Top Captive players in India ATM managed Industry, Transaction Processing Service industry, VC Firms in India ATM Managed Services Market, White Label ATM Management companies India, White Label ATM Market in India, White Label ATMs in rural India