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Global Next-Gen ATM Market Projected to Reach $4.08 Billion by 2027, with a Strong CAGR of 7.64%

Next-Gen ATM Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

The Business Research Company’s Next-Gen ATM Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

The next-gen ATM market is expected to reach $4.08 billion in 2027 at a CAGR of 7.64%.”

— The Business Research Company

LANDON, GREATER LANDON, UK, October 26, 2023 /EINPresswire.com/ — The global next-gen ATM market, valued at $2.84 billion in 2022, is expected to grow to $4.08 billion by 2027, showcasing a notable compound annual growth rate (CAGR) of 7.64%. Despite the challenging global economic landscape due to the Russia-Ukraine conflict and persistent repercussions of the COVID-19 pandemic, the market continues to exhibit substantial growth, buoyed by the escalating value of consumers’ purchasing power parity (PPP) worldwide.

Driving Forces: Expanding Purchasing Power Parity (PPP) Elevating Market Prospects

The rise in the value of consumers’ purchasing power parity (PPP) serves as a significant catalyst propelling the next-gen ATM market. This macroeconomic indicator plays a crucial role in aiding next-gen ATMs in making informed decisions, leveraging stable PPP exchange rates to optimize their expansion strategies and operations across diverse economies.

Next-Gen ATM Market Segments and Leading Players

• Type: Cash Dispensers, Deposit ATMs, Cash Recycling ATMs, Self-Service ATMs, Self-Service Kiosks, Mobile ATMs, Other Types
• Solutions: Deployment, Managed Services
• Technology: Contactless, Voice Recognition, Biometrics, Video Banking, AI (Artificial intelligence) And IoT (Internet of Things) Integration
• Application: Bank Service Agent, Bank, Retail, Enterprises

Key market players such as Fujitsu Limited, NCR Corporation, and Diebold Nixdorf Inc. continue to spearhead the market landscape with their innovative product offerings and strategic expansion initiatives.

Gain valuable insights into the global next-gen ATM market with a sample report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12646&type=smp

Innovative Strides: Revolutionizing Next-Gen ATM Experiences

Technology innovation remains a critical trend, driving the transformation of next-gen ATMs, as demonstrated by NCR Corporation’s launch of NCR Activate Enterprise NextGen. This cutting-edge, hardware-independent self-service ATM software application redefines the user experience, facilitating seamless integration of digital and physical elements for an enhanced and comprehensive banking experience.

Strategic Acquisitions Shaping Market Dynamics

Strategic acquisitions, like NCR Corporation’s acquisition of Cardtronics Inc. for approximately $2.5 billion, underline the company’s commitment to enhancing its service capabilities and expanding its market reach. This acquisition bolsters NCR Corporation’s position in the market, promoting a seamless integration of software and service-driven solutions for next-gen ATMs.

North America Emerges as the Leading Region

In 2022, North America dominated the global next-gen ATM market, followed by key regions such as Asia-Pacific, Western Europe, Eastern Europe, South America, and the Middle East and Africa, each exhibiting a promising growth trajectory and contributing to the overall market expansion.

Gain a comprehensive understanding of the global next-gen ATM market dynamics by exploring the complete report:
https://www.thebusinessresearchcompany.com/report/next-gen-atm-global-market-report

Next Gen ATM Global Market Report 2023 from TBRC covers the following information:

1. Market size date for the forecast period: Historical and Future
2. Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
3. Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The Next Gen ATM Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on next gen ATM market size, next gen ATM market drivers and trends, next gen ATM market major players, next-gen ATM market competitors’ revenues, next-gen ATM market positioning, and next-gen ATM market growth across geographies. The next gen ATM market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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About The Business Research Company
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Originally published at https://www.einpresswire.com/article/664269683/global-next-gen-atm-market-projected-to-reach-4-08-billion-by-2027-with-a-strong-cagr-of-7-64

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