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Study: India ATM industry outlook to 2018

September 9, 2013

New Delhi-based Ken Research has issued a new report focused on present conditions and future prospects for the Indian ATM Market. "India ATM Industry Outlook to 2018: Increasing Penetration of White Label ATMs to Intensify Growth," predicts that installation of white label and solar-powered ATMs in rural areas will drive growth in the Indian ATM industry.

Among other findings of the study:

• the current ATM market in India comprises more than 100,000 machines;
• AGS Transact is the nation's market leader in ATM outsourcing;
• the ATM industry in India grew at a compound annual growth rate of 26.8 percent from 2008 to 2013;
• as of 2013, public sector banks held a 72.2 percent share of ATMs in India;
• the total number of ATM terminals deployed by private sector banks in India rose from 11,967 to 43,101 from 2008 to 2013.

The report provides a comprehensive analysis of the market size of the Indian ATM industry by number of ATM terminals and by number of transactions through debit and credit cards, market segmentation by on-site and off-site ATM's, by public sector, private sector and foreign banks and by regions.

The ATM transactions are further segmented on the basis of financial and non-financial and on-us and off-us transactions.

The report details the outsourced ATM market in India and the market share of major outsourcing companies along with the market share of major manufacturers of ATM's in the industry.

The report also includes sections on development of white-label ATM's, solar powered ATMs market size and market share of major solar ATM companies, ATM cash management market size and market share of major cash management companies and development of machine to machine ATM solutions market in India.

The report may be purchased in its entirety or by section.

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