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 »
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 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… Read More »
ATM Managed Services in India are driven by the Growth in Number of ATMs, Increasing Penetration of White Label ATMs and the rapidly increasing trend for Outsourcing ATMs by the Banks: Ken Research 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 India ATM managed services industry in recent years. Growth in Branchless Banking: Banks are focusing on improving branchless banking in India by creating… Read More »
India ATM Managed Services Market: Ken Research ATM Managed ServicesMarket in Indiadriven by the Growth in Number of ATMs and the rapidly increasing trend for Outsourcing ATMs by the Banks: Ken Research Economic advancement in the country, increase in income levelgenerally in urban areas due to growth in job opportunities and evolution to mass banking from class banking havedriven the market for… Read More »
India ATM Managed Services Market, Industry, Market Revenue, Growth Analysis, Shares, Size, Major Players and Future Outlook: Ken Research How ATM Managed Services Market Is Positioned in India? Traditionally, people in India used to be highly dependent on local money lenders and public sector banks for withdrawing cash or for taking up the loans for fulfilling their cash requirement. After introduction of private banks such as HDFC, UTI (Axis Bank), ICICI and IDBI bank,… Read More »
Growing ATM Deployment, Increasing Bankable Population and Proliferation of On-Site ATMs to Drive the ATM Managed Services Market in India: Ken Research Growth in Branchless Banking: Banks are focusing on improving the branchless banking in India by creating E-Lobbies, which are specifically designed to improve the customer service and ease of doing transactions. The e-lobbies are allowing banks to offer customers all banking transactions, information and solutions round the clock through deployment of cash recyclers, cash dispensers… Read More »
India ATM Managed Services Market Outlook to 2026 (Second Edition): Ken Research The report titled “India ATM Managed Services Outlook to 2026 (Second Edition) – By Managed Services (ATM Repair &Maintenance, ATM Site Management, Transaction Processing, Cash Reconciliation Statement, Content and Electronic Journal Management), ATM Supply& Cash Management (ATM Replenishment, CIT, CPD)” provides a comprehensive analysis of India ATM Managed Services market introduction and genesis, market size… Read More »
