Categories: Market Research

Next-Gen ATM Market Growth Trajectory Through 2024-2033

The Next-Gen ATM Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Next-Gen ATM Market:
https://www.thebusinessresearchcompany.com/report/next-gen-atm-global-market-report

According to The Business Research Company’s Next-Gen ATM Global Market Report 2024, The next-gen atm market size has grown strongly in recent years. It will grow from $3.04 billion in 2023 to $3.27 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to increased demand for digital banking solutions, increasing cardless transactions, increased adoption of mobile wallets, increased spending power, increasing disposable income.

The next-gen atm market size is expected to see strong growth in the next few years. It will grow to $4.45 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to increasing demand for tailored services and experiences for customers, increasing efficiency and reduced costs for financial institutions, increasing adoption of smartphones, growing adoption of internet services. Major trends in the forecast period include integration with mobile banking apps, personalized and user-customized experience, api-based architecture, product innovations, and market expansion.

The rise in the value of consumers’ purchasing power parity (PPP) is expected to propel the growth of the next-gen ATM market going forward. Purchasing power parity (PPP) represents a prominent macroeconomic statistic that compares various nations’ currencies using a basket of goods method. PPP exchange rates are relatively stable over time, unlike market rates which are more volatile and provide a more accurate measure of the relative economic productivity and standards of living between countries than market exchange rates that can help next-gen ATMs make more informed decisions about where to expand their operations. For instance, according to the Energy Information Administration, a US-based primary federal statistical system organization, the purchasing power annual average index value in 2021 is 270.97, while for the year 2022 found to be 292.66. Therefore, the rise in the value of consumers’ purchasing power parity (PPP) is driving the next-gen ATM market.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=12646&type=smp

The next-gen atm market covered in this report is segmented –

1) By Type: Cash Dispensers, Deposit ATMs, Cash Recycling ATMs, Self-Service ATMs, Self-Service Kiosks, Mobile ATMs, Other Types
2) By Solutions: Deployment, Managed Services
3) By Technology: Contactless, Voice Recognition, Biometrics, Video Banking, AI (Artificial intelligence) And IoT (Internet of Things) Integration
4) By Application: Bank Service Agent, Bank, Retail, Enterprises

Major players in the next-gen ATM market are creating revolutionary method like strategic collaborations to improve their market share. Strategic collaborations play a pivotal role in advancing the next-gen ATM market by fostering innovation, expanding capabilities, and addressing emerging challenges. For instance, in February 2021, ACI Worldwide Inc., a US-based payment systems company, and auriga spa, a Italy-based software solutions company, Partner to Launch Next-Generation ATM Acquiring and Self-Service Banking Platform. The collaboration integrates ACI’s Enterprise Payments Platform with Auriga’s Win Webserver, offering improved customer service, centralized ATM security operations, and a consistent consumer experience across channels. The partnership addresses changing consumer demands in the wake of the pandemic, optimizing branch and ATM estates while meeting the growing global demand for advanced ATM capabilities.

The next-gen atm market report table of contents includes:

1. Executive Summary
2.Next-Gen ATM Market Characteristics
3. Next-Gen ATM Market Trends And Strategies
4. Next-Gen ATM market analysis

5.Next-Gen ATM Market Size And Growth
6.Next-Gen ATM Segmentation
7.Next-Gen ATM Regional And Country Analysis
.
.
.
27.Next-Gen ATM Competitive Landscape And Company Profiles
28.Next-Gen ATM Key Mergers And Acquisitions
29. Next-Gen ATM Future Outlook and Potential Analysis

TOP MAJOR PLAYERS:

  • Fujitsu Limited
  • NCR Corporation
  • AIB Group PLC
  • Diebold Nixdorf Inc.
  • Euronet Worldwide Inc.
  • OKI Electric Industry Co. Ltd.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293

Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Good PR News

Recent Posts

Medical Terminology Software Market Share, Growth Opportunities, Demand Factors Report To 2033

The medical terminology software global market report 2024 from The Business Research Company provides comprehensive…

1 day ago

Apples Market Expansion 2024-2033: Growth Drivers and Dynamics

The apples global market report 2024 from The Business Research Company provides comprehensive market statistics,…

1 day ago

IP Video Surveillance And VSaaS Market Growth Analysis, Latest Trends And Business Opportunity 2024 To 2033

The ip video surveillance and vsaas global market report 2024 from The Business Research Company…

1 day ago

Change And Configuration Management Market Expansion 2024-2033: Growth Drivers and Dynamics

The change and configuration management global market report 2024 from The Business Research Company provides…

1 day ago

Generative AI In Gaming Market Share Analysis, Leading Players, Growth, Trends, And Forecast To 2033

The generative ai in gaming global market report 2024 from The Business Research Company provides…

1 day ago

Electric Blankets Market Size, Emerging Trends, Market Opportunities, Key Players And Forecast To 2033

The electric blankets global market report 2024 from The Business Research Company provides comprehensive market…

1 day ago