Multivendor ATM Software Market Report, Industry Overview, Growth Rate and Forecast 2021-26
Multivendor ATM Software Market Report, Industry Overview, Growth Rate and Forecast 2021-26
Published by IMARC Services Private Limited
Posted on September 8, 2021
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 refers to a solution adopted by banks that helps them to manage their ATM networks while minimizing costs, increasing functionalities, and enhancing competitiveness. They aid in carrying out advanced banking functions, such as cash dispensing, recycling, transaction preferences, targeted marketing, etc. Multivendor ATM software facilitates significant cost savings on implementation, testing, certification, maintenance of ATM hardware, software changes. These tools provide streamlined maintenance and update using a single software platform. As a result, financial institutions are adopting multivendor ATM software to modernize their ATM user interface and ensure a better customer experience across the globe.
The increasing utilization of banking services is encouraging financial institutions to focus on centralizing their ATM channel management under the control of a single command, which is driving the global multivendor ATM software market. Furthermore, the escalating security concerns regarding user data are also propelling the market growth. Additionally, numerous vendors are providing flexible solutions and options that support speed-to-market with advanced features and services, which help banks in introducing and deploying new features easily and faster. This is further augmenting the global market. In the coming years, the growing number of new benefits offered by multivendor environments, including improved security and simplified back-end integration for customer relationship management, teller terminals, and bank systems, is expected to fuel the multivendor ATM software market. Looking forward, IMARC Group expects the market to grow at a CAGR of around 20% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact Us
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
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 refers to a solution adopted by banks that helps them to manage their ATM networks while minimizing costs, increasing functionalities, and enhancing competitiveness. They aid in carrying out advanced banking functions, such as cash dispensing, recycling, transaction preferences, targeted marketing, etc. Multivendor ATM software facilitates significant cost savings on implementation, testing, certification, maintenance of ATM hardware, software changes. These tools provide streamlined maintenance and update using a single software platform. As a result, financial institutions are adopting multivendor ATM software to modernize their ATM user interface and ensure a better customer experience across the globe.
The increasing utilization of banking services is encouraging financial institutions to focus on centralizing their ATM channel management under the control of a single command, which is driving the global multivendor ATM software market. Furthermore, the escalating security concerns regarding user data are also propelling the market growth. Additionally, numerous vendors are providing flexible solutions and options that support speed-to-market with advanced features and services, which help banks in introducing and deploying new features easily and faster. This is further augmenting the global market. In the coming years, the growing number of new benefits offered by multivendor environments, including improved security and simplified back-end integration for customer relationship management, teller terminals, and bank systems, is expected to fuel the multivendor ATM software market. Looking forward, IMARC Group expects the market to grow at a CAGR of around 20% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact Us
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800