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
Breakup by Component:
Breakup by Function:
- Bill Payment
- Card Payment
- Cash/Cheque Dispenser
- Cash/Cheque Deposit
- Passbook Printer
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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