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In the recent era, the ATM managed services Market was witnessed to be functioning at its growth stage, forthcoming maturity as banks and ATM managed services corporate start underwriting in innovative technology to automate their services. The market is predicted to augment in the size owing to the growth in the cash management services market. Banks in developed regions such as the UAE have taken several steps in order to decrease the overall costs of the functions. Apart from the outsourcing management of the ATMs, banks have started decreasing their commercial footprint by closing down branches, amalgamating with the other banks and investment in the technology-based services to decrease the reliance on the ATMs for customers services.

Additionally, off-site ATMs are mounted in the location where there are no branches namely malls, hospitals and airports among others. Furthermore, the administration of off-site ATMs is absolutely subcontracted to the cash management corporate. On-site ATMs on the other hand, are positioned near bank branches, electronic service units, and demonstrative offices. For these ATMs, cash management service and ATM conservation services are subcontracted while security and reconnaissance services are managed by the banks themselves.

Based on the type of services, the market of ATM Cash Management Market is sectored into ATM management services, ATM supply, and ATM maintenance. Across the developed regions, the market was registered by cash management services during the forecasted period. Moreover, the Banks outsourced cash management services to Tran guard or manage it themselves for on-site ATMs. Cash management services involve cash in transit and several other cash services.

Cash in Transit, the market involves cash replacement and transportation of cash among bank branched, central bank and among company or retail outlets with cash supervision centers. Cash in Transit services was seen to register the ATM services market as these service demand fleet of armored vehicles and vans and demand observed manpower. The ATM maintenance services involved hardware, software and currency template management of three varieties of ATM machines such as cash dispensers, cash recyclers and cash in cash-out machines. The market for ATM maintenance was witnessed to decrease during the forecasted period owing to development in the technology and competition among the banks to deliver lower-cost services. For instance, the hardware maintenance involves the First, Second Line Maintenance and Breakdown Maintenance and software maintenance involve monthly or quarterly check-up of ATM functioning software.

However, the competition stage within the UAE ATM Managed Services Industry was witnessed to be greatly concentrated among the three foremost corporate. For cash management services, the Transguard has a monopoly while the Brink’s has just begun to inflow the market with a small market share. Moreover, the guard of the train controls the massive proportion of the cash in the transmission in the UAE while the enduring is controlled by the banks.

The ATM managed services market is further anticipated to increase during the review period, fostered by the growth in the total ATM transactions, augmented card utilization and entry of the numerous players in the cash management services sector. Therefore, during the near future, the market of ATM managed services will increase across the globe more significantly over the coming years.

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  1. Global Automated Teller Machine Market by user interface (keyboard and touch screens); bysolution type (deployment {on-site and off-site} and managed); and Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2029

    150 Pages| August 2020 |
    USD 5000
    Automated Teller Machine Market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX% Learn More
  2. Global Conventional Bank ATM Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

    107 Pages| August 2020 |
    USD 3400
    The Conventional Bank ATM market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. Learn More
  3. Global Cash Logistics Market Outlook to 2023 – By Region (North America, APAC, Europe, and Latin America Middle East and Africa) and Service (Cash in Transit, Cash Replenishment, Retail Cash Management and Other Cash Services – Cash Processing, Counting, Sorting, Packing and Transportation of Valuables and Bullion

    180 Pages| December 2019 |
    USD 3500
    The report titled “Global Cash Logistics Market Outlook to 2023 – By Region (North America, APAC, Europe, and Latin America Middle East and Africa) and Service (Cash in Transit, Cash Replenishment Learn More
  4. 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)

    91 Pages| October 2019 |
    USD 3000
    The report concludes with future projections in the UAE ATM Managed services space and analysts recommendations for the same. Learn More
  5. 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

    80 Pages| August 2018 |
    USD 2500
    The report is useful for ATM Managed service providers, Cash management companies, ATM Manufacturers, White Label ATM Management companies, Banks, Reserve Bank of India (RBI), ATM Switch companies, Cash Reconciliation companies, Digital payments merc Learn More
  6. India ATM Market Outlook to 2023 - By ATM Supply, Managed Services (ATM Repair, Maintenance and Other Services, Transaction Processing, Cash Reconciliation Statement, Content and Electronic Journal Management) & Cash Management (ATM Replenishment, CIT, CPD)

    223 Pages| July 2018 |
    USD 3500
    The report also covers SWOT analysis, future projections along with analyst recommendation. The key target audiences include ATM Managed service providers, Cash management companies, ATM Manufacturers, White Label ATM Management companies, Public and Learn More
  7. The Brinks Company (BCO) - Financial and Strategic SWOT Analysis Review

    39 Pages| June 2018 |
    USD 125

    The Brink's Company (BCO) Financial and Strategic SWOT Analysis Review provides you an in depth strategic SWOT analysis of the company's businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased Learn More

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