India ATM Industry Outlook to 2018 – Increasing Penetration of White Label ATMs to Intensify Growth provides a absolute assay of the bazaar admeasurement of the Indian ATM industry by cardinal of ATM terminals and by cardinal of affairs through debit and acclaim cards, bazaar analysis by on-site and off-site ATM’s, by accessible sector, clandestine area and adopted banks and by regions. The ATM affairs are added anecdotal on the base of cyberbanking and non-financial and on-us and off-us transactions. The address entails outsourced ATM bazaar in India and the bazaar allotment of above outsourcing companies forth with the bazaar allotment of above manufacturers of ATM’s in the industry. The address additionally includes sections on development of white-label ATM’s, solar powered ATMs bazaar admeasurement and bazaar allotment of above solar ATM companies, ATM banknote administration bazaar admeasurement and bazaar allotment of above banknote administration companies and development of apparatus to apparatus ATM solutions bazaar in India.
Over the aftermost 20 years, ATM’s accept afflicted the mural of the Indian cyberbanking industry. Increasing bread-and-er development, acceleration in the claimed disposable assets levels (especially in the burghal areas) and the change of chic cyberbanking to accumulation cyberbanking accept apprenticed the industry advance during the accomplished decade. However, admitting accelerated ATM advance throughout the country over the aftermost decade, several rural areas in the country accept still remained beneath served in agreement of the cardinal of ATMs.
The ATM industry in India has developed at a CAGR of 26.8% over the period, FY’2008-FY’2013 and the cardinal of ATM terminals has accomplished about 1,14,000 in FY’2013. The addition of banknote drop ATM’s to the absolute cardinal of ATM’s in India was about ~% in FY’2013. Cyberbanking affairs through ATMs, including abandonment of money from ATM, bill payments as able-bodied as booking of railways, airways, hotels and added tickets accounted for ~% allotment in the all-embracing cardinal of affairs in FY’2013 while the blow ~% was captured by non-financial transactions. On-us and off-us affairs accounted for ~% and ~% allotment in the cardinal of affairs through ATMs in FY’2013 respectively. Souther arena of India has the accomplished cardinal of ATMs in India followed by Western and Norther arena with a allotment of ~% and ~% appropriately in FY’2013.
Banks in India are progressively outsourcing ATM deployment and administration to third affair vendors, which is ultimately acceptable the banks to accent added on their amount cyberbanking activities. The absolute cardinal of outsourced ATM’s in India in FY’2012 stood at ~. Some of the arch ATM outsourcing companies in the country are AGS with a bazaar allotment of ~% followed by Tata Communications for Payment Solutions and Prizm payments captivation ~% allotment in the market. FIS, Accura, Euronet, Mphasis and EPS are some of the arch players in the bazaar captivation a accumulated a bazaar allotment of about 28%.
The ATM industry in India has been predominantly captivated by 3 above ATM manufacturers such as NCR corporation, Died and Wincor. NCR has been the bazaar baton in the ATM accomplishment with a allotment of ~% in FY’2013. There are a absolute of ~ solar ATM’s in the country at present. Vortex is the better architect of solar console based ATM’s in India with a bazaar allotment of about ~% in FY’2013 followed by Died and others which calm captivated about ~% of the solar console based ATMs in India in FY’2013.
In an accomplishment to extend the ability of cyberbanking casework in India distinctively in the rural areas, white-label ATM’s accept been alien by RBI. On June 25th, 2013 Federal Coffer became the aboriginal coffer in India to acknowledge the amalgamation with Tata Communication for Payment Solutions Limited (TCPSL) for acting as a sponsor coffer for deploying White-label ATMs in India.
Cash Administration is addition aspect of ATM industry in India. The accepted banknote aeon administration of ATMs involves banknote aces up, banknote movement, grading, counting, bushing and others. The bazaar admeasurement of ATM banknote administration bazaar in India was about INR ~ crore in FY’2011 which added to INR ~ crore in FY’2013.
Machine to apparatus solutions is a contempo phenomena which has emerged into the Indian ATM industry in adjustment to affix the ATM’s beneath a centralized ascendancy system. WebNMS is a aggregation which has advised and developed such solutions, accepted as ‘ATM armpit manager’. The Indian M2M band-aid bazaar is estimated to ability INR ~ crore by 2016, appropriately growing at a CAGR of ~% from 2011-2016.
Key Topics Covered in the Report:
Ankur Gupta, Head Marketing & Communications
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