India ATM Market Outlook to 2023 by ATM Supply, Managed Services & Cash Management - ResearchAndMarkets.com

November 8, 2018

DUBLIN--(BUSINESS WIRE)--Nov 8, 2018--The  “India ATM Market Outlook to 2023 - By ATM Supply, Managed Services & Cash Management”  report has been added to  ResearchAndMarkets.com’s  offering.

India cash management services market has increased at a double digit CAGR during the period FY’ 2013 - FY’ 2018.

The market attained significant growth during the period FY′2013 - FY′2016 due to increase in services offered by the cash management companies such as cash vault services, bullion management, cash processing and others.

Cash management service companies (CMC) generates highest share of their revenue through ATM replenishment service. CIT contributed third largest share in generating revenue for the cash management companies in the FY’ 2017.

However, CIT service turned out to be the second major contributor in terms of revenue share during FY′2018, due to increase in license of new bank branches during the above period. CPD contributed the third largest share in terms of revenue for the cash management companies due to increase in number of retail touch points.

In the next 5 years, ATM managed services market revenue is expected to increase as the country will benefit from the implemented schemes of Financial Inclusion and Jan Dhan Yojana coupled with the increasing awareness among the population of semi-urban and rural areas for the usage of ATMs.

There will be an increase in the demand for Managed Services owing to the increase in the number of ATMs in the country especially in the rural areas. The outsourcing of cash recyclers in the future by the banks will give these MSPs another tranche of revenues streams.

Trends and Developments

Increasing Number of ATM’s Introduction of Solar ATM’s Introduction of Biometric ATM’s Increasing Penetration of White Label ATMs in Rural Areas Growth in Branchless Banking Higher Number of Outdated ATMs Government Efforts to Increase Deployment of Cash Recyclers

Issues and Challenges

Power Cuts and Deficit Pressure on Profit Margins Decline in Number of Free Transactions at ATMs Low Interchange

Companies Featured

AGS Transact Brink’s Arya CMS Info Systems Diebold Systems EPS Euronet FIS FSS Hitachi Payments Logicash Mphasis Payment Managed Service NCR Corporation Radiant Cash Securevalue SIS Prosegur Tata Communication Payment Solution Vortex Engineering Writer Safeguard

Key Topics Covered

1. Executive Summary

2. Research Methodology

3. Indian Economy Overview

4. India ATM Managed Services and Outsourcing Market Introduction

5. Value Chain Analysis of India ATM Managed Services Market

6. Ecosystem for India ATM Industry

7. Current ATM Management Models in India

8. India ATM Managed Services Market Size by Revenues, FY′2013-FY′2018

9. Market Segmentation

10. India ATM Cash Management Services Market Introduction and Market Size

11. Decision Making Process and Tender Bids

12. Historical Trend of Cash Circulation in India, FY’ 2013 - FY’ 2018

13. Trends and Developments in India ATM Managed Services Market

14. Issues and Challenges in India ATM Managed Services Market

15. Recent Investment Details (Mergers, Acquisition and Partnerships in ATM Management Services)

16. SWOT Analysis for India ATM Managed Services Market

17. Major Cost Components and Profitability analysis of ATMs

18. Geographical Analysis of India ATM Managed Services Market

19. Competition Scenario In India ATM Managed Services Market

20. Company Profiles of Major Players in India ATM Managed Services Market

21. India ATM Managed Services Market Future Outlook and Projections, FY’ 2019 - FY’ 2023E

For more information about this report visit  https://www.researchandmarkets.com/research/ds34f6/india_atm_market?w=4

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Related Topics:Computing Services,ATM



SOURCE: Research and Markets

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PUB: 11/08/2018 10:07 AM/DISC: 11/08/2018 10:07 AM


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