India ATM Market Outlook to FY’2027 – By ATM Supply, Managed Services & Cash Management 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… Read More »
India ATM Managed Services Market Is Estimated To Grow At A CAGR Of ~% During The Period FY’2022-FY’2027F – Ken Research Competition Scenario In India ATM Managed Services Market The market of ATM Supply companies is highly concentrated with few players constituting more than two-thirds of the total share. The majority of industry players have formed strategic alliances and collaborations with international firms to lower production costs or provide their customers with other value-added services. Such… Read More »
India ATM Managed Services Market Grew From Approximately INR ~91 Bn In FY’2016 To Approximately INR ~115 Bn In FY’2022 – Ken Research India ATM Managed Services Market Overview Banking Industry in India Overview The banks of India are competitive on a global level. Increasing volumes of operations in banks have been growing in line with the population of the country. During the last 30 years since nationalization, tremendous changes have taken place in the financial markets as… Read More »
Cash Is The Most Often Used Form Of Payment In India Than In Any Other Nation Which Is One Of The Major Driving Forces For Growth Of ATM Managed Services – Ken Research 1. Decline in ATM Transactions during Covid Pandemic Major Indian economic sectors have been affected negatively by the COVID-19 epidemic, with manufacturing, auto, retail, aviation, and hospitality suffering the most from the lockdown imposed in the country. This has thus had an impact on the quickly expanding digital payments industry. Temporary shutdown of businesses, travel… Read More »
