Global Smart ATM Market Overview:
Smart ATM is not any new device, it is just an old device with new features. As with the growing demand of the ATM in the financial industry. The manufacturers are funding on the smart features to enhance the consumer experience. Smart ATMs delivers some additional range of services to help their customers in time-saving, and also provide 24/7 access for banking when using a Smart ATM outside stores. Some of the key players profiled in the study are DIEBOLD INC. (USA), Fujitsu (Japan), GRG Banking (China), Hitachi Payment Services (Japan), NCR Corporation (USA), Wincor Nixdorf AG. (Germany), OTI (Israel), Virtusa Corporation (United States), BNZ (New Zealand) and Westpac (Australia).
On the basis of geography, the market of Smart ATM has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Deployment will boost the Smart ATM market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. With a Card will boost the Smart ATM market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Machine, the sub-segment i.e. Leased Line ATM Machines will boost the Smart ATM market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Preference for Card Less ATM Transactions
- Transforming the Customer Experience
- Growing Demand of Personalizing ATM Services to Customers
- High Adoption of Contactless NFC Reader for ATM Such as the Uno-6, Uno-8 Or Interno
- High Cost as Compares to Traditional ATM
- Rising demand for advanced capabilities considering cash recycling and intelligent deposit as a major role in networking with banks and ATM more efficient and available to consumers, who are far from their systems.
- Lack of Consumer Awareness
The global smart ATM market is strongly competitive. The leading companies are operating in this market by highly focusing on the research and development activities to develop new products and services. With the growth in applications the major players trying to capture these market opportunities by strengthening their geographical presence.
Target Audience:Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Smart ATM Manufacturers, Distributors, and Suppliers, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study To define, describe, and forecast the Global Smart ATM market on the basis of product  , application [Bank Service Agent and Bank], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Smart ATM market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Smart ATM industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Smart ATM market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.