Multivendor ATM Software Market - Global Outlook and Forecast 2026
- amaramurray21
- Apr 19, 2022
- 3 min read
According to IMARC Group’s latest report, titled “Multivendor ATM Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global multivendor ATM software market exhibited strong growth during 2015-2020. Multivendor ATM software offers the users a one surface interface across several platforms, which also simplifies the backend of the ATM system. It also enables banks to manage ATM networks, reduce costs, improve competitiveness, and increase functionality. The software also performs advanced banking functions, such as transaction preferences, targeted marketing, and cash dispensing and recycling. It offers a consistent user interface and streamlined maintenance using a single platform.
We are constantly tracing and assessing the impact of the COVID-19 pandemic on the industry. These influences have been covered in our report as significant market contributors.
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The increasing adoption of multivendor ATM software across the financial institutions represents one of the key factors primarily driving the market growth. These institutions are focusing on centralizing the ATM management to a single command interface, which is further driving the market growth. Additionally, several benefits offered by multivendor ATM software, such as improved safety and simplified backend integration, for teller terminals, customer relationship management, and bank systems, along with increasing security concerns, are creating a positive outlook for the market growth. Looking forward, IMARC Group expects the market to grow at a CAGR of around 20% during (2021-2026).
Competitive Landscape with Key Players:
Auriga SpA
Clydestone Limited
CashLink Global Systems Pvt. Ltd.
Diebold Nixdorf Incorporated
GRG Banking
Guangzhou Radio Group
KAL ATM Software GmbH
Hyosung Corporation
NCR Corporation
Printec Group
Renovite Technologies Inc
Vortex Engineering Pvt. Ltd
Market Segmentation:
Breakup by Component:
Software
Service
Breakup by Function:
Bill Payment
Card Payment
Cash/Cheque Dispenser
Cash/Cheque Deposit
Passbook Printer
Others
Breakup by End User:
Banks and Financial Institutions
Independent ATM Deployer
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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