Global Multivendor ATM Software Market – Industry Trends and Forecast to 2026

  • ICT
  • Upcoming Report
  • Nov 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Multivendor ATM Software Market By Function (Card Payment, Bill Payment, Cash/ Cheque Dispenser, Passbook Printer, Cash/Cheque Deposit, Others), Component (Service, Software), End User (Independent ATM Deployer, Bank and Financial Institutions), Geography (North America, Europe, Asia-Pacific, LAMEA) – Industry Trends and Forecast to 2026

Market Analysis: Global Multivendor ATM Software Market

The global multivendor ATM software market is anticipated to observe substantial growth during the forecast period of 2019-2026. Integration of new technologies will generate lucrative opportunities in the global market.

Market Definition: Global Multivendor ATM Software Market

In order to manage a multivendor fleet and reduce operational cost ATM software are used in a large number. Apart from this, multivendor ATM software operates on hardware of numerous suppliers that can deliver consistent customer experience because of network unification. Multivendor ATM software allows banks and credit unions in deriving great value by offering several benefits such as cost savings, streamlined maintenance and consistent user interface

Market Drivers

  • Emergence of new technologies such as QR code, cashless payments, and touch screens is expected to trigger the market growth
  • Growing demand for new-edge ATM Software and hardware is another factor boosting the market growth
  • Rising awareness regarding benefits of ATM software can boost the market growth
  • It has been observed the rise in the demand for multivendor ATM software from financial sector also acts as a market driver      

Market Restraints

  • Limitations in ATM management to hinder the market growth
  • Difficulties in working with ATM suppliers is foreshown to impact negatively on the global multivendor ATM market growth
  • Improper telecom infrastructure can be the other factor restricting the market growth

Segmentation: Global Multivendor ATM Software Market

By Function

  • Card Payment
  • Bill Payment
  • Cash/ Cheque Dispenser
  •  Passbook Printer
  • Cash/Cheque Deposit
  • Others

 By Component

  • Service
  •  Software

By End User

  • Independent ATM Deployer
  • Bank and Financial Institutions

 By Region

  • North America
  • Europe
  • Asia-Pacific

Key Developments in the Market:

  • In September 2019, KAL introduced Kalignite Hypervisor a new product for retail banking industry it is based on OS-Virtualization technology to separate the ATM PC-core from the ATM operating system that can resolve problems related to ATM hardware upgradation. With this, banks are able to upgrade their hardware as well as software as per their convenience. This technological upgradation is helping in the growth of global multivendor ATM Software market
  • In June 2019, TMD Security Partnered with Nanjing Easthouse Electrical Co. Ltd (SecuRam) to provide hardware for multi-vendor Access Management solution of TMD for safe locks and ATM top box. This innovative, cost effective and integrated solutions is anticipated to support the growth of the multivendor ATM software market

Competitive Analysis:

Global multivendor ATM software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of multivendor ATM software market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Some of the major market participants operating in the global multivendor ATM software market are GRGBanking, Printec Group, Vortex Engineering Pvt. Ltd., Incorporated, Diebold Nixdorf, Incorporated,        NCR Corporation, Auriga, SpA, Renovite Inc., Clydestone (Ghana) Limited., Worldline, Euronet Worldwide, Inc., CashLink Global Systems Pvt. Ltd., Voicecom, KAL        among others

Research Methodology: Global Multivendor ATM Software Market   

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Competitive analysis of key competitors involved in the market
  • Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026


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