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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1215423

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1215423

Global Multivendor ATM Software Market Size study & Forecast, by Function, Component, End User and Regional Analysis, 2022-2029

PUBLISHED: February 8, 2023

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DELIVERY TIME: 2-3 business days

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Global Multivendor ATM Software Market is valued at approximately USD 2.13 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 23.6% over the forecast period 2022-2029. Multivendor ATM software is a computer application intended for banks & credit unions. Multi-Vendor Software (MVS) facilitates and enables financial institutions to streamline their development and support operations without the need to maintain and enhance several numbers of remote delivery infrastructures for each new function or service they provide through their ATM network. Moreover, this solution offers centralization of ATM Channel Management through a single central command control which can be used to enhance the customer experience and deployment of the latest security measures across the ATM service delivery network. The growing adoption of ATMs for banking services and the rising expansion of the banking and financial services industry are key factors accelerating the Market growth.

The increasing preference towards Automated teller machine (ATMs) for seeking banking services is contributing towards the growth of the Global Multivendor ATM Software Market. For instance, according to Statista - in FY 2019, revenue from ATM transactions across India was estimated at USD 840 million, and this amount is projected to grow to USD 1090 million by FY 2024, and a further USD 1230 million by FY 2026. Moreover, the rising expansion of the banking and financial services industry is further driving market growth. For instance, as per Statista - as of 2022, revenue in US Banking, Finance & Insurance is estimated at USD 3.72 trillion, and the market is projected to grow at an annual growth rate of 2.47% between 2022 and 2025 to reach USD 4 trillion by end of 2025. Also, the growing integration of new technologies and an increase in the use of advanced analytics for predictive maintenance. However, the high cost of Multivendor ATM software and rising concern about cyber-attacks stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Multivendor ATM Software Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of leading software vendors and the increasing expansion of the banking sector in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising deployment of digital banking units, and increasing expansion of banking and financial services and the rising emergence of private banking players in the region.

Major market players included in this report are:

Vortex Engineering Pvt Limited

Diebold Nixdorf Incorporated

NCR Corporation

Auriga, SpA

Renovite Technologies Inc.

Clydestone (Ghana) Limited

Euronet Worldwide, Inc.

CashLink Global Systems Pvt. Ltd.

Voicecom

GRGBanking

Recent Developments in the Market:

In March 2022, KAL a leader in ATM software KAL has announced the commencement of a new business and engineering office in Vietnam's primary economic center - Ho Chi Minh City. With this new office, the company would serve banks and financial institutions with advanced ATM and self-service networks in the region.

Global Multivendor ATM Software Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Function, Component, End User, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Multivendor ATM Software Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Multivendor ATM Software Market, by Function, 2019-2029 (USD Billion)
- 1.2.3. Multivendor ATM Software Market, by Component, 2019-2029 (USD Billion)
- 1.2.4. Multivendor ATM Software Market, by End User, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Multivendor ATM Software Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Multivendor ATM Software Market Dynamics

3.1. Multivendor ATM Software Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing adoption of ATMs for banking services
  - 3.1.1.2. Growing expansion of the BFSI industry
- 3.1.2. Market Challenges
  - 3.1.2.1. High deployment cost of Multivendor ATM software
  - 3.1.2.2. Rising concern over cyber attacks
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing integration of new technologies
  - 3.1.3.2. Increase in use of advanced analytics for predictive maintenance

Chapter 4. Global Multivendor ATM Software Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Multivendor ATM Software Market, by Function

6.1. Market Snapshot
6.2. Global Multivendor ATM Software Market by Function, Performance - Potential Analysis
6.3. Global Multivendor ATM Software Market Estimates & Forecasts by Function 2019-2029 (USD Billion)
6.4. Multivendor ATM Software Market, Sub Segment Analysis
- 6.4.1. Card Payment
- 6.4.2. Bill Payment
- 6.4.3. Cash/ Cheque Dispenser
- 6.4.4. Passbook Printer
- 6.4.5. Cash/Cheque Deposit
- 6.4.6. Others

Chapter 7. Global Multivendor ATM Software Market, by Component

7.1. Market Snapshot
7.2. Global Multivendor ATM Software Market by Component, Performance - Potential Analysis
7.3. Global Multivendor ATM Software Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
7.4. Multivendor ATM Software Market, Sub Segment Analysis
- 7.4.1. Service
- 7.4.2. Software

Chapter 8. Global Multivendor ATM Software Market, by End User

8.1. Market Snapshot
8.2. Global Multivendor ATM Software Market by End User, Performance - Potential Analysis
8.3. Global Multivendor ATM Software Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
8.4. Multivendor ATM Software Market, Sub Segment Analysis
- 8.4.1. Independent ATM Deployer
- 8.4.2. Bank and Financial Institutions

Chapter 9. Global Multivendor ATM Software Market, Regional Analysis

9.1. Multivendor ATM Software Market, Regional Market Snapshot
9.2. North America Multivendor ATM Software Market
- 9.2.1. U.S. Multivendor ATM Software Market
  - 9.2.1.1. Function breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Component breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. End User breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Multivendor ATM Software Market
9.3. Europe Multivendor ATM Software Market Snapshot
- 9.3.1. U.K. Multivendor ATM Software Market
- 9.3.2. Germany Multivendor ATM Software Market
- 9.3.3. France Multivendor ATM Software Market
- 9.3.4. Spain Multivendor ATM Software Market
- 9.3.5. Italy Multivendor ATM Software Market
- 9.3.6. Rest of Europe Multivendor ATM Software Market
9.4. Asia-Pacific Multivendor ATM Software Market Snapshot
- 9.4.1. China Multivendor ATM Software Market
- 9.4.2. India Multivendor ATM Software Market
- 9.4.3. Japan Multivendor ATM Software Market
- 9.4.4. Australia Multivendor ATM Software Market
- 9.4.5. South Korea Multivendor ATM Software Market
- 9.4.6. Rest of Asia Pacific Multivendor ATM Software Market
9.5. Latin America Multivendor ATM Software Market Snapshot
- 9.5.1. Brazil Multivendor ATM Software Market
- 9.5.2. Mexico Multivendor ATM Software Market
- 9.5.3. Rest of Latin America Multivendor ATM Software Market
9.6. Rest of The World Multivendor ATM Software Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Vortex Engineering Pvt ltd.
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Diebold Nixdorf Incorporated
- 10.2.3. NCR Corporation
- 10.2.4. Auriga, SpA
- 10.2.5. Renovite Technologies Inc.
- 10.2.6. Clydestone (Ghana) Limited
- 10.2.7. Euronet Worldwide, Inc.
- 10.2.8. CashLink Global Systems Pvt. Ltd.
- 10.2.9. Voicecom
- 10.2.10. GRGBanking

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Multivendor ATM Software Market, report scope
TABLE 2. Global Multivendor ATM Software Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Multivendor ATM Software Market estimates & forecasts by Function 2019-2029 (USD Billion)
TABLE 4. Global Multivendor ATM Software Market estimates & forecasts by Component 2019-2029 (USD Billion)
TABLE 5. Global Multivendor ATM Software Market estimates & forecasts by End User 2019-2029 (USD Billion)
TABLE 6. Global Multivendor ATM Software Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Multivendor ATM Software Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Multivendor ATM Software Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Multivendor ATM Software Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Multivendor ATM Software Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Multivendor ATM Software Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Multivendor ATM Software Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Multivendor ATM Software Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Multivendor ATM Software Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Multivendor ATM Software Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Multivendor ATM Software Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Multivendor ATM Software Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Multivendor ATM Software Market
TABLE 71. List of primary sources, used in the study of global Multivendor ATM Software Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Multivendor ATM Software Market, research methodology
FIG 2. Global Multivendor ATM Software Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Multivendor ATM Software Market, key trends 2021
FIG 5. Global Multivendor ATM Software Market, growth prospects 2022-2029
FIG 6. Global Multivendor ATM Software Market, porters 5 force model
FIG 7. Global Multivendor ATM Software Market, pest analysis
FIG 8. Global Multivendor ATM Software Market, value chain analysis
FIG 9. Global Multivendor ATM Software Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Multivendor ATM Software Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Multivendor ATM Software Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Multivendor ATM Software Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Multivendor ATM Software Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Multivendor ATM Software Market, regional snapshot 2019 & 2029
FIG 15. North America Multivendor ATM Software Market 2019 & 2029 (USD Billion)
FIG 16. Europe Multivendor ATM Software Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Multivendor ATM Software Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Multivendor ATM Software Market 2019 & 2029 (USD Billion)
FIG 19. Global Multivendor ATM Software Market, company Market share analysis (2021)