India Atm Industry: Trends and Developments

India ATM Industry Outlook to 2018 - Increasing Penetration of White Label ATMs to Intensify Growth 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 entails 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.

Over the last 20 years, ATM’s have changed the landscape of the Indian banking industry. Increasing economic development, rise in the personal disposable income levels (especially in the urban areas) and the evolution of class banking to mass banking have driven the industry growth during the past decade. However, despite speedy ATM growth throughout the country over the last decade, several rural areas in the country have still remained under served in terms of the number of ATMs.

The ATM industry in India has grown at a CAGR of 26.8% over the period, FY’2008-FY’2013 and the number of ATM terminals has reached nearly 1,14,000 in FY’2013. The contribution of cash deposit ATM’s to the total number of ATM’s in India was nearly ~% in FY’2013. Financial transactions through ATMs, including withdrawal of money from ATM, bill payments as well as booking of railways, airways, hotels and other tickets accounted for ~% share in the overall number of transactions in FY’2013 while the rest ~% was...