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The global ATM managed services market size reached US$ 8.2 Billion in 2023 and grow at a CAGR of 4.6% to reach US$ 12.5 Billion by 2032.
The global ATM managed services market size reached US$ 8.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032.
Debit card usage has increased dramatically as a result of numerous governments' financial inclusion programmes throughout the world, and it is expected to rise further in the future years. For example, in 2020, a poll found that roughly 64 percent of customers picked debit cards as their most often used card, with a 53 percent increase from the previous year. As a result of the rising use of debit cards, customers have come to anticipate immediate and efficient banking service for cash withdrawal and other similar services. As a result, banks, financial firms, and other commercial organisations have reinvested in ATM managed services in terms of improving market user experience.
ATM Extended Functionality. MorphisMAS is the Managed Application Services for the ATM Channel
