Multivendor ATM Software Market Share, Size, Trends and Reports 2027

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According to the latest report by IMARC Group, titled “Multivendor ATM Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global multivendor ATM software market size reached US$ 2.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.0 Billion by 2027, exhibiting a growth rate (CAGR) of 22.2% during 2022-2027.

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.

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Multivendor ATM Software Market Trends:

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.

Multivendor ATM Software Market 2022-2027 Competitive Analysis and Segmentation:

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

Market Segmentation:

Breakup by Component:

• Software
• Service

Breakup by Function:

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

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 (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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