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Research Report: Diebold Nixdorf Ranks No. 1 In Global ATM Market

2017-10-05 23:08
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Company is the only manufacturer to have more than 1 million terminals worldwide

NORTH CANTON, Ohio, Oct. 5, 2017 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in driving connected commerce, has been named the largest manufacturer in the global automated teller machine (ATM) market, according to RBR's "Global ATM Market and Forecasts to 2022."  With a 32 percent share of the global market, Diebold Nixdorf is the only manufacturer to have more than 1 million of its ATMs installed worldwide, according to the research.

RBR is a strategic research and consulting firm widely recognized as the leading provider of strategic research and consulting services in the areas of banking and retail automation, cards and payments. "Global ATM Market and Forecasts to 2022" is a comprehensive analysis of the development and future of the global ATM and cash dispenser market and covers 180 countries in the Americas, Asia-Pacific, Central and Eastern Europe, the Middle East and Africa and Western Europe.

This ranking comes on the heels of RBR's recent finding of Diebold Nixdorf as the global leader in ATM application software with nearly 30 percent market share, via the combined installations of its previously independent companies through 2015.

"Our ranking as the largest global ATM manufacturer by RBR is a great example of our company's scale and proximity to customers – proving that we are wherever they are," said Andy W. Mattes, president and chief executive officer, Diebold Nixdorf. "This position also gives us the largest foundation in the industry for selling software and services into our installed base, reinforcing us as the leader in services-led, software-enabled transactions driven by innovative hardware for consumers around the world. Our teams will continue developing connected commerce solutions that transform the industries we serve and improve our customers' business."

Globally, the number of ATMs grew by 3% to 3.3 million in 2016 and is expected to grow to more than 3.7 million by the end of 2022, according to the report. In addition, RBR's forecast shows 2.2% annual growth in ATM shipments through the year 2022, with 80 percent of shipments expected to be replacements.

About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world's top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an 'always on' and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Visit www.DieboldNixdorf.com for more information.

Source: Diebold Nixdorf

Related stocks: Frankfurt:DBD NYSE:DBD

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