According to the latest report of the IMARC group, entitled “Multi-Vendor ATM Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global multi-vendor ATM software market has shown strong growth over the period 2015-2020. Multi-vendor ATM software provides users with a single surface interface across multiple 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, cash distribution and recycling. It offers a consistent user interface and simplified maintenance using a single platform.
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Rising adoption of multi-vendor ATM software in financial institutions represents one of the major factors that are mainly driving the growth of the market. These institutions are focusing on centralizing the management of ATMs on a single command interface, which further drives the growth of the market. Additionally, several benefits offered by multi-vendor ATM software, such as improved security and easier backend integration, for ATM terminals, customer relationship management, and banking systems, along with increasing security concerns, create positive outlook for market growth. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 20% during (2021-2026).
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As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as consumer behaviors in the industry around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.
Competitive landscape with key players:
- Auriga SpA
- Clydestone Limited
- CashLink Global Systems Pvt. ltd.
- Diebold Nixdorf Incorporated
- GRG Bank
- Canton Radio Group
- KAL ATM Software GmbH
- Hyosung Company
- NCR Company
- Printec Group
- Renovite Technologies Inc.
- Vortex Engineering Pvt. ltd
Breakdown by component:
Breakdown by function:
- Payment of bills
- Payment by card
- Cash/cheque dispenser
- Deposit Cash/Check
- booklet printer
Breakdown by end user:
- Banks and financial institutions
- Independent ATM Deployer
Breakdown by region:
- North America (USA, 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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Main 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
- Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.
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