ATM

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 investing in 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 services 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.

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 Trans guard has a monopoly while 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.

Cash in Transit, the market involves cash replacement and transportation of cash among bank branched, central banks and among company or retail outlets with cash supervision centers. Cash in Transit services was seen to register the ATM services market as these services demand a fleet of armored vehicles and vans and demand observed manpower. 

30 Reports in category
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  1. India ATM Managed Services Market Outlook to FY’2027 (Third 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)

    224 Pages| December 2022 |
    The report provides a comprehensive analysis of the potential of the ATM Managed Service Market in India. The report covers a comprehensive analysis of the India ATM Managed Services market introduction and genesis, the market size by revenue, market Learn More
  2. (COVID Version) Global Bitcoin ATM Machine Market Status (2016-2020) and Forecast (2021E-2026F) by Region, Product Type & End-Use

    116 Pages| May 2022 |
    The report forecast global Bitcoin ATM Machine market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021E-2026F. Learn More
  3. Global Bitcoin and Cryptocurrency ATMs Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery

    127 Pages| May 2022 |
    Based on the Bitcoin and Cryptocurrency ATMs market development status, competitive landscape and development model in different regions of the world. Learn More
  4. Global Next-Gen ATM Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery

    125 Pages| December 2021 |
    Based on the Next-Gen ATM market development status, competitive landscape and development model in different regions of the world. Learn More
  5. 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)

    220 Pages| September 2021 |
    India ATM management services market is at a developing stage. The ATM Managed Services Market is moderately fragmented among top 6-7 players which constituted 60-70% of the revenue share though there are number of smaller players existing in the mar Learn More
  6. 2021-2027 Global and Regional ATM (Automated Teller Machine) Industry Status and Prospects Professional Market Research Report Standard Version

    155 Pages| August 2021 |
    The global ATM market was valued at 1256 Million USD in 2020 and will grow with a CAGR of 9.35% from 2020 to 2027, based on HNY Research newly published report. Learn More
  7. Global ATM as a Service Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027

    128 Pages| June 2021 |
    The global ATM as a Service market is expected to reach USD XX Million by 2027, with a CAGR of XX% from 2020 to 2027, based on HNY Research newly published report. Learn More
  8. Global ATM as a Services Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027

    134 Pages| June 2021 |
    The global ATM as a Services market is expected to reach USD XX Million by 2027, with a CAGR of XX% from 2020 to 2027, based on HNY Research newly published report. Learn More
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