Industry Analysis & Industry Trends
Cashing out
Despite consistent demand for ATMs from banks and retailers, growth for the ATM Manufacturing industry will be subdued in the next five years. New regulations regarding accessibility for visually impaired individuals helped boost revenue growth during the past three years, but more producers moved manufacturing offshore, impeding demand. Despite rising financial transactions, import penetration will continue to restrict industry growth.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The ATM Manufacturing industry is moderately concentrated, with the three largest companies controlling 64.5% of revenue. Major players have been extremely aggressive in acquiring smaller payment software companies and expanding their operations during the past five years, and IBISWorld expects further concentration as these trends continue. Currently, NCR Corporation and Diebold are the largest US-based ATM manufacturers. Competition from abroad has tightened profit margins and prices on ATM systems. Consequently, most of the industry's largest players operate in related industries to diversify their revenue sources. There is a particular emphasis on self-service kiosk stations, payment and cash handling software and maintenance services... purchase to read more