Next-Gen ATM Market Insights into the Competitive Scenario of the Market 2020 - 2030

 

Global Next-Gen ATM Market: Introduction

The next-gen API app model for ATMs was launched by ATM Industry Association. The model was developed for an industry whose installed base comprises more than 3.2 million ATMs around the world. According to ATM Industry Association, more than 180 global ATM companies participated in the development of the next-gen model. Next-gen ATMs will enable consumers to transact at ATMs for cash and value-added services via their mobile devices.

Global Next-Gen ATM Market – Dynamics

Increasing preference for customized financial services

Customer preferences vary widely in the current BFSI market scenario. Next-gen ATMs help banks and financial institutions to customize, personalize, and add more value to their services for customers. Next-gen ATMs help banks to provide value-added ATM services with best security practices.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

Unawareness and Poor BFSI System Infrastructure

South America and Asia Pacific which are fast growing regions, face strong technological and digital gaps within the BFSI industry. The level of awareness among small and medium financial institutions is comparatively low in countries such as Indonesia, Vietnam, Paraguay, and other countries. Network infrastructure and the minimum requirement to smoothly run next-gen ATMs at remote locations is not very effective in these regions. Unawareness about next-gen ATMs and poor network infrastructure is thus hampering the growth of the market.

Get More Press Releases by TMR: https://www.prnewswire.com/news-releases/growing-adoption-of-industrial-commercial-robots-across-varied-industries-to-drive-robot-operating-system-market-says-tmr-301352070.html


North America to Dominate the Global Next-Gen ATM Market

In terms of region, the global next-gen ATM market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the next-gen ATM market during the forecast period due to strong adoption of new BFSI technology within the region.

COVID-19 Impact on the Global Next-Gen ATM Market

The COVID-19 pandemic is expected to moderately impact the global next-gen ATM market for a short-term period. The level of investment with regards to next-gen ATMs in BFSI has reduced due to the lockdown in almost every region, as it requires major capital investment. COVID-19 is expected to impact this market till the year end 2020.

Pre Book now our premium research report @

https://www.transparencymarketresearch.com/checkout.php?rep_id=78134&ltype=S

Global Next-Gen ATM Market – Competition Landscape

  • In October 2018, ATM Industry Association officially launched and declared the next generation ATM architecture designed by the Consortium, open for global business. The launch will enable consumers to transact at ATMs for cash and value-added services via their mobile devices.

NCR Corporation

NCR Corporation is headquartered in Atlanta, Georgia, U.S. It has nearly 34,000 employees across the globe and provides business software and services in 180 countries. NCR Corporation is a leading software- and services-led enterprise provider in the financial, retail, hospitality, telecom, and technology industries.

About Us:

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free trial!

Contact

Rohit Bhisey
Transparency Market Research,
90 State Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/

Comments

Post a Comment

Popular posts from this blog

Conferencing Microphone System Market Share, Segmentation, Trend, and Forecast To 2021-2031

Image
  Conferencing Microphone System: Introduction A conference system is a collection of audio hardware developed for easy interaction between people taking part in various events, irrespective of the room size. A conference system is also known as a discussion system. Conferencing microphones are wired or wireless gadgets that transfer audio from one or various speakers to an audio system. A conferencing microphone uses different transmission technologies. In wired conference, the microphone uses a cable for the transmission of the signal for communication tasks. It is cheaper and more reliable. In wireless conferences, the microphone uses Wi-Fi or infrared technologies for communication tasks, giving it freedom of movement and avoiding cable issues. Lapel microphones are hands-free & wireless and are fixed to the speaker’s dress, collar, or suit. These microphones must be secured to the correct place on the body for high-quality audio transmission. Conferencing microphone system...
Read more

Last Mile Delivery Transportation Market Clear Understanding Of The Competitive Landscape And Key Product Segments 2021-2031

Image
  Last Mile Delivery Transportation Market Outlook 2031 The  global   last mile delivery transportation market   was valued at   US$  150.39  Bn in  2020 It is estimated to expand at a CAGR of  10.31%  from 2021 to 2031 The  global   last mile delivery transportation market  is   expected to reach the value of US$  477.27  Bn   by the end of  2031 Analysts’ Viewpoint on Last Mile Delivery Transportation Market Scenario “Technological advancements and the booming eCommerce sector will remain the leading factors that will propel the market during the forecast period. In addition, advancements in robotics and projected adoption of semi-autonomous and autonomous delivery vehicles will play an imperative role in redefining last mile delivery transportation in the upcoming years. In order to overcome challenges in the execution of delivery models, companies should increase R&D in leading-edge informa...
Read more

Corrugated Boxes Market Top Companies, Trends and Future Prospects Details for Business Development 2016 - 2024

  Multi Depth Corrugated Boxes Market: Overview Multi depth corrugated boxes are similar to that of conventional corrugated boxes, with an added ability of being used for multiple size applications. These boxes are extensively used in packaging of various goods such as foods, beverages, cosmetics, pharmaceuticals, hazardous chemicals and other materials. In recent years, the demand for multi depth corrugated boxes has increased significantly. This can be attributed to immense size flexibility offered by these boxes coupled with the characteristics of corrugated boxes.  These boxes gives the buyer the leverage to use it for various size requirements, thus reducing inventory and optimizing cost management. Multi depth corrugated boxes have high durability and are light weight coupled with offering significant cost benefits to the buyer. Thus, multi depth corrugated boxes are being increasingly used in secondary packaging of goods, across a variegated range of industries. The glo...
Read more