India ATM Market Outlook to FY’2027 – By ATM Supply, Managed Services & Cash Management 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 Trends And Challenges In the ATM Managed Services Market In India In India, remarkable growth was witnessed in ATM industry during the past decade. Economic advancement in the country, increase in income level generally in urban areas due to growth in job opportunities and evolution to mass banking from class banking have driven the market for ATM industry in recent years. The Cash Recycler machine (CRM) is a self-service terminal that lets the customer make deposit and withdrawal transactions of cash. All successful transactions are immediately credited or debited in real time and customers are issued an acknowledgment slip confirming the transaction. CRMs in India have RBI supported note identification protocols and mechanisms. Major Cost And Profitability Analysis There are several factors which determine the profitability of an ATM. While the availability of cash in an ATM is the basic requirement, other requisites such as network monitoring and others are the support services that are necessary for operating an ATM. While a bank is only responsible for providing cash and its brand name to the ATM under brown label ATM, third party vendors are given the charge of the ATMs related services What Is Competitive Scenario In India ATM Managed Services Market? The competition stage of the ATM Managed Service market is moderately concentrated with banks and other non- financial entities following a policy of having at least two vendors for the management of their ATM centers and simultaneously having the best combination of technology and cost efficiency. Visit A link Request for Sample Report There is a surge in the demand for ATM Managed Services over the past few years as the banks are now consistently focusing on being competent in their core services and outsourcing ATM related services to ATM Managed Service Providers. Hitachi Payments, Tata Communication Payments Solution, Electronic Payments and Solutions, AGS Transact, Fidelity Information Services, Financial Software and Systems, NCR Corporation, CMS Infosystem are the major players in the industry. The market is dominated by Hitachi Payments with a share of ~% followed by AGS Transact at ~% in terms of revenues during FY’2022. However, the market for ATM Supply and deployment companies is highly concentrated with few players constituting more than two-third of the total share. Most of the players in the market have entered into strategic tie-ups and partnerships with foreign companies in order to reduce the cost of manufacturing or to provide other value added services to their clients. What Is The Future Outlook For India ATM Managed Services Market? Over the forecast period, ATM managed services market In India is estimated to grow at a CAGR of ~%, as it is anticipated that a higher proportion of population will become banked. The revenue generated by the end of FY’2027 is expected to be over INR ~ billion. The revenue is expected to increase throughout the period as the country will benefit from the implemented schemes of Financial Inclusion and Jan Dhan Yojana coupled with the increasing awareness among the population of semi-urban and rural areas for the usage of ATMs 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 backward areas. The implementation of cassette swap in the future by the banks will give the cash management companies another tranche of revenues, hence supporting their growth. Visit A link Request for Custom Report The implementation of cassette swap in the future by the banks will give the cash management companies another tranche of revenues, hence supporting their growth. The market scenario is also expected to change from being moderately concentrated to being fragmented with the introduction of new players in the market such as SFBs, Payments bank and White Label ATM Operators. 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 For more insights on the market intelligence, refer to the link below:- ATM Managed service providers India Related Reports by Ken Research UAE ATM Managed Services Market Outlook to 2024 Indonesia ATM Managed Service Market Outlook to 2023 Post Views: 1 Tags: AGS Transact revenue India, atm brands in India, atm companies in india, atm company in india, atm industry in india, atm machine company, atm machine company in india, atm machine making company, atm machine manufacturerIn India, atm machine manufacturers, atm machine manufacturers in india, atm machine manufacturing companies in india, atm machine provider company, atm machine vendors in India, ATM Managed service providers India, atm manufacturers in india, atm manufacturing companies, ATM Manufacturing Companies in India, atm manufacturing company India, atm manufacturing in India, ATM providers Companies in India, atm service provider company, ATM Site ManagementCompanies in India, atm vendors in india, biggest atm companies India, Brown Label ATM Market in India, Cash management companies India, Cash Recyclers in India, Cash Recycling Machines market India, CMS Infosystem business model India, Digital Payments Merchants In India, Hitachi market share India, India largest atm manufacturers, list of atm companies in india, Number of ATM deployed in India, Number of ATMs in India, Number of Cash Recyclers in India, Retail Cash Management Market in India, top 10 atm manufacturers in india, top atm manufacturers in the world, Transaction Processing Service industry, which companies make atm machine, White Label ATM Management companies India, White Label ATM Market in India, White Label ATMs in rural India