What Trends and Drivers are Fueling Next-Gen ATM Global Market Growth?
The growing demand for digital banking solutions along with increased spending power and rising disposable income in recent years has fuelled strong growth in the next-gen ATM market. According to a study from The Business Research Company, the market size is expected to grow from $3.26 billion in 2024 to $3.51 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.7%.
The continued adoption of digital services and surge in cardless transactions into the next decade are expected to further drive market growth. The market revenue is predicted to grow to $4.9 billion in 2029 at a CAGR of 8.7% report which could be attributed to increasing efficiency and reduced costs for financial institutions, as well as the growing adoption of smartphones and internet services.
For a comprehensive overview of the market, download a sample of The Global Next-Gen ATM Market Report 2024 here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12646&type=smp
Who are the Major Players in the Next-Gen ATM Market?
This market is being shaped by a host of major players that include Fujitsu Limited, NCR Corporation, Diebold Nixdorf Inc., Euronet Worldwide Inc., OKI Electric Industry Co. Ltd., Hyosung Corporation, ACI Worldwide Inc., GRG Banking Equipment Co. Ltd., and others. These companies remain at the forefront of technological innovation, product development, and overall market expansion in the next-gen ATM sector.
What Are the Main Segments of the Next-Gen ATM Market?
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
How to Tap into the Next-Gen ATM Market?
To unlock market insights and explore investment opportunities, investors and stakeholders can purchase the full report here:
https://www.thebusinessresearchcompany.com/report/next-gen-atm-global-market-report
What’s the Regional Analysis for the Next-Gen ATM Market?
In 2024, North America held the largest share of the next gen ATM market. Asia-Pacific, Western Europe, Eastern Europe, South America, and the Middle East and Africa are among the other regions covered in this market report.
Understanding the Next-Gen ATM Market:
The next-gen ATM is an advanced version of the traditional ATM that offers an enhanced user interface, remote maintenance, and management. The Next-Gen ATM Market Report 2024 from The Business Research Company provides global market sizes, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the report here for detailed insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12646
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