SAN FRANCISCO, Sept. 28, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled «Automated Teller Machines (ATMs) – Global Market Trajectory & Analytics». The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 18; Released: April 2021
Executive Pool: 782
Companies: 290 – Players covered include Automatia Pankkiautomaatit Oy; Banking Automation Ltd.; BankUnited; Banqit AB; Cashway Technology Co., Ltd.; Chungho Comnet Co., Ltd.; Diebold Nixdorf, Inc.; Eastcom Co., Ltd.; Euronet Worldwide, Inc.; First Merit Bank and Others.
Coverage: All major geographies and key segments
Segments: Screen Size (15 & Below, Above 15); Component (Deployment Solutions, Managed Services); ATM Type (Conventional/Bank, Brown Label, White Label, Cash Dispensers, Smart ATMs)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Automated Teller Machines (ATMs) Market to Reach $27.7 Billion by 2026
Amid the COVID-19 crisis, the global market for Automated Teller Machines (ATMs) estimated at US$19.5 Billion in the year 2020, is projected to reach a revised size of US$27.7 Billion by 2026, growing at a CAGR of 5.8% over the analysis period. 15″ & Below, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$20 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Above 15″ segment is readjusted to a revised 6.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.6 Billion in 2021, While China is Forecast to Reach $5.7 Billion by 2026
The Automated Teller Machines (ATMs) market in the U.S. is estimated at US$5.6 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.7 Billion by the year 2026 trailing a CAGR of 8.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR. More
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SOURCE Global Industry Analysts, Inc.