×

Conventional Bank ATM Market Size, Share, Trends, Growth Outlook

Conventional Bank ATM Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- by Type (Onsite, Offsite, Others) By Service (Deployment, Monitoring, Maintenance) By Application (Withdrawal, Deposit, Bill Payment, Others) and Companies Report

  • Home
  • Retail
  • Conventional Bank ATM Market
  • |Published Month : November, 2024
  • |No. of Pages : 180

The Global Conventional Bank ATM Market is estimated to register 4.4% growth over the forecast period from 2023 to 2030.

 

The market growth is driven by the Banks are increasingly focusing on digital channels, which has led to the integration of ATMs with mobile banking apps and online services. Leading companies are focusing on Enhanced Security Features, AI and Machine Learning, Cash Recycling and Automation, ATMs as Service Hubs, Hybrid Banking Models, Cash Management Efficiency, and others to boost market shares in the industry.

Conventional Bank ATM Market Size 2023-2030

Market Overview

The Conventional Bank ATM market involves the manufacturing, deployment, and operation of Automated Teller Machines primarily by financial institutions. Key players include NCR Corporation, Diebold Nixdorf, and Hyosung. Market drivers include continued cash usage, financial inclusion efforts, and consumer convenience, while trends include digital transformation, ATM modernization, cash recycling, enhanced user experiences, and IoT-driven remote monitoring. This dynamic market continues to evolve with the integration of new technologies and customer preferences, with security and regulatory compliance remaining paramount.

 

Market Dynamics

Market Trends- Conventional bank's ATM modernization attracts a wider range of customers

ATM modernization in the Conventional Bank ATM market entails upgrading existing ATM machines with advanced features like enhanced security, biometric authentication, contactless payments, and improved user interfaces to meet evolving customer expectations and regulatory requirements while enhancing functionality and efficiency.

 

Market Driver- Cash Recycling ATMs Demand for Conventional Bank ATM Market

Cash recycling ATMs in the Conventional Bank ATM market are machines that accept, validate, and dispense cash, reducing cash replenishment needs and optimizing cash management for financial institutions. They recycle deposited cash, improving cost-efficiency, reducing cash handling costs, and enhancing cash availability for customers, contributing to the sustainability and performance of ATM networks.

Conventional Bank ATM Market Report

Market Opportunity-Introduction of ATM Network Expansion

ATM network expansion in the Conventional Bank ATM market involves strategically increasing ATM deployments to reach more locations and provide accessible banking services, targeting underserved areas, promoting financial inclusion, and creating revenue opportunities for ATM operators while improving accessibility for customers in urban and rural areas.

 

Market Share Analysis- Deployment of Conventional Bank ATM Market will register the fastest growth

The Global Conventional Bank ATM Market is analyzed across, Deployment, Monitoring, Maintenance, and others. Of these, Deployment will register the fastest growth.  Deployment in the Conventional Bank ATM Market is the strategic installation and placement of Automated Teller Machines (ATMs) in various locations, including bank branches, retail establishments, and high-traffic areas. It aims to provide convenient access to banking services for customers, and involves determining the optimal number and locations of ATMs to enhance accessibility and meet specific target audience needs.

 

Market Share Analysis- Withdrawal held a significant market share in 2023

The Global Conventional Bank ATM Market is analyzed across various applications including Withdrawal, Deposit, Bill Payment, and others. Of these, Withdrawal held a significant market share in 2023.  Withdrawal in the Conventional Bank ATM market is the fundamental process where customers access cash from Automated Teller Machines (ATMs) by inserting their bank cards, entering a PIN, and selecting the desired withdrawal amount from the ATM interface. This core ATM function provides customers with 24/7 access to physical currency, enhancing the convenience and accessibility of banking services.

 

Conventional Bank ATM Market Segmentation

By Type

  • Onsite
  • Offsite
  • Others

 

By Service

 

By Application

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Conventional Bank ATM Market Companies

 

  • Fujitsu (Japan)
  • GRG Banking (China)
  • HESS Terminal Solutions (USA)
  • Hitachi Payment Services (Japan)
  • Nautilus Hyosung (South Korea)
  • NCR Corporation (USA)
  • Wincor Nixdorf AG (Germany)
  • Diebold (USA)
  • Euro net (USA)

 

* List not exhaustive

Conventional Bank ATM Market Outlook 2023

1 Market Overview

1.1 Introduction to the Conventional Bank ATM Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Conventional Bank ATM Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Conventional Bank ATM Market Companies with Area Served

4.2.2 Products Offerings Global Conventional Bank ATM Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 post-COVID-19 Scenario- Low Growth Case

5.1.3 post-COVID-19 Scenario- Reference Growth Case

5.1.4 post-COVID-19 Scenario- Low Growth Case

 

6 Global Conventional Bank ATM Market Trends

6.1 Global Conventional Bank ATM Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Conventional Bank ATM Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Conventional Bank ATM Revenue (USD Million) and CAGR (%) by regions (2018-2030)

 

7 Global Conventional Bank ATM Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Conventional Bank ATM Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Conventional Bank ATM Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Conventional Bank ATM Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Conventional Bank ATM Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Conventional Bank ATM Development Regional Status and Outlook

8.1 Global Conventional Bank ATM Revenue (USD Million) By Regions (2018-2022)

8.2 North America Conventional Bank ATM Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Conventional Bank ATM Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Conventional Bank ATM Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Conventional Bank ATM Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Conventional Bank ATM Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Conventional Bank ATM Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Conventional Bank ATM Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Conventional Bank ATM Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Conventional Bank ATM Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Conventional Bank ATM Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Conventional Bank ATM Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Conventional Bank ATM Revenue (USD Million) by Applications (2018-2022)

8.5 South America Conventional Bank ATM Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Conventional Bank ATM Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Conventional Bank ATM Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Conventional Bank ATM Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Conventional Bank ATM Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Conventional Bank ATM Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Conventional Bank ATM Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Conventional Bank ATM Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Conventional Bank ATM Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Conventional Bank ATM Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Conventional Bank ATM Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Conventional Bank ATM Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Conventional Bank ATM Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Conventional Bank ATM Development Regional Status and Outlook Forecast

11.1 Global Conventional Bank ATM Revenue (USD Million) By Regions (2023-2030)

11.2 North America Conventional Bank ATM Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Conventional Bank ATM Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Conventional Bank ATM Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Conventional Bank ATM Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Conventional Bank ATM Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Conventional Bank ATM Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Conventional Bank ATM Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Conventional Bank ATM Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Conventional Bank ATM Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Conventional Bank ATM Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Conventional Bank ATM Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Conventional Bank ATM Revenue (USD Million), by Applications (2023-2030)

11.5 South America Conventional Bank ATM Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Conventional Bank ATM Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Conventional Bank ATM Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Conventional Bank ATM Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Conventional Bank ATM Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Conventional Bank ATM Revenue (USD Million), by region (2023-2030)

11.6.2 Middle East and Africa Conventional Bank ATM Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Conventional Bank ATM Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Conventional Bank ATM Market Companies with Areas Served

Table 3 Products Offerings Global Conventional Bank ATM Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Conventional Bank ATM Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Conventional Bank ATM Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Conventional Bank ATM Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Conventional Bank ATM Revenue (USD Million) By Type (2018-2022)

Table 11 Global Conventional Bank ATM Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Conventional Bank ATM Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Conventional Bank ATM Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Conventional Bank ATM Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Conventional Bank ATM Market Share (%) By Regions (2018-2022)

Table 16 North America Conventional Bank ATM Revenue (USD Million) By Country (2018-2022)

Table 17 North America Conventional Bank ATM Revenue (USD Million) By Type (2018-2022)

Table 18 North America Conventional Bank ATM Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Conventional Bank ATM Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Conventional Bank ATM Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Conventional Bank ATM Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Conventional Bank ATM Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Conventional Bank ATM Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Conventional Bank ATM Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Conventional Bank ATM Revenue (USD Million) By Country (2018-2022)

Table 26 South America Conventional Bank ATM Revenue (USD Million) By Type (2018-2022)

Table 27 South America Conventional Bank ATM Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Conventional Bank ATM Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Conventional Bank ATM Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Conventional Bank ATM Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Conventional Bank ATM Revenue (USD Million) By Type (2023-2030)

Table 33 Global Conventional Bank ATM Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Conventional Bank ATM Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Conventional Bank ATM Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Conventional Bank ATM Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Conventional Bank ATM Revenue (USD)By Country (2023-2030)

Table 38 North America Conventional Bank ATM Revenue (USD Million) By Type (2023-2030)

Table 39 North America Conventional Bank ATM Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Conventional Bank ATM Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Conventional Bank ATM Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Conventional Bank ATM Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Conventional Bank ATM Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Conventional Bank ATM Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Conventional Bank ATM Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Conventional Bank ATM Revenue (USD Million) By Country (2023-2030)

Table 47 South America Conventional Bank ATM Revenue (USD Million) By Type (2023-2030)

Table 48 South America Conventional Bank ATM Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Conventional Bank ATM Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Conventional Bank ATM Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Conventional Bank ATM Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Conventional Bank ATM Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Conventional Bank ATM Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Conventional Bank ATM Revenue Market Share (%) By Type (2022)

Figure 5 Global Conventional Bank ATM Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Conventional Bank ATM Revenue Market Share (%) By Applications (2022)

Figure 7 Global Conventional Bank ATM Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Conventional Bank ATM Market Share (%) By Regions (2022)

Figure 9 North America Conventional Bank ATM Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Conventional Bank ATM Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Conventional Bank ATM Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Conventional Bank ATM Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Conventional Bank ATM Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Conventional Bank ATM Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Conventional Bank ATM Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Conventional Bank ATM Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Conventional Bank ATM Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Conventional Bank ATM Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Conventional Bank ATM Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Conventional Bank ATM Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Conventional Bank ATM Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Conventional Bank ATM Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Conventional Bank ATM Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Conventional Bank ATM Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Conventional Bank ATM Revenue Market Share (%) By Type (2030)

Figure 26 Global Conventional Bank ATM Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Conventional Bank ATM Revenue Market Share (%) By Applications (2030)

Figure 28 Global Conventional Bank ATM Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Conventional Bank ATM Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Conventional Bank ATM Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Conventional Bank ATM Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Conventional Bank ATM Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Conventional Bank ATM Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Conventional Bank ATM Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Conventional Bank ATM Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Conventional Bank ATM Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Conventional Bank ATM Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Conventional Bank ATM Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Conventional Bank ATM Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Conventional Bank ATM Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Conventional Bank ATM Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Conventional Bank ATM Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Conventional Bank ATM Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Conventional Bank ATM Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches for This Report

Figure 46 Data Triangulation

Conventional Bank ATM Market Segmentation

By Type

  • Onsite
  • Offsite
  • Others

 

By Service

 

By Application

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

Frequently Asked Questions