
Virtual Teller Machine (VTM) also known as interactive teller machine is a banking service-oriented device for customers, where they can perform transactions while interacting through video conferencing from other branch locations.
As banks and credit unions are focused to shut down many branches to save cost, these virtual tellers are considered cost-efficient to provide customers with face-to-face support. These machinery provide various services such as customer-on-boarding, bill processing, loan processing, cash withdrawal, remote video conference, and other banking operations.
Highlights
The global Virtual Teller Machine (VTM) market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Virtual Teller Machine (VTM) is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Virtual Teller Machine (VTM) is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Virtual Teller Machine (VTM) in Banking is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Virtual Teller Machine (VTM) include AURIONPRO, Huawei Technologies Co., Ltd, Arman Design, KIOSK Information Systems, Phoenix Kiosk Inc, REDYREF, Kontron AG, Inspur and Slabb Inc., etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Virtual Teller Machine (VTM), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Virtual Teller Machine (VTM).
The Virtual Teller Machine (VTM) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Virtual Teller Machine (VTM) market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Virtual Teller Machine (VTM) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
AURIONPRO
Huawei Technologies Co., Ltd
Arman Design
KIOSK Information Systems
Phoenix Kiosk Inc
REDYREF
Kontron AG
Inspur
Slabb Inc.
Segment by Type
Solutions
Service
Segment by Application
Banking
Financial Services
Public Utilities
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Virtual Teller Machine (VTM) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Virtual Teller Machine (VTM) Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Solutions
1.2.3 Service
1.3 Market by Application
1.3.1 Global Virtual Teller Machine (VTM) Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Banking
1.3.3 Financial Services
1.3.4 Public Utilities
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Virtual Teller Machine (VTM) Market Perspective (2018-2029)
2.2 Virtual Teller Machine (VTM) Growth Trends by Region
2.2.1 Global Virtual Teller Machine (VTM) Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Virtual Teller Machine (VTM) Historic Market Size by Region (2018-2023)
2.2.3 Virtual Teller Machine (VTM) Forecasted Market Size by Region (2024-2029)
2.3 Virtual Teller Machine (VTM) Market Dynamics
2.3.1 Virtual Teller Machine (VTM) Industry Trends
2.3.2 Virtual Teller Machine (VTM) Market Drivers
2.3.3 Virtual Teller Machine (VTM) Market Challenges
2.3.4 Virtual Teller Machine (VTM) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Virtual Teller Machine (VTM) Players by Revenue
3.1.1 Global Top Virtual Teller Machine (VTM) Players by Revenue (2018-2023)
3.1.2 Global Virtual Teller Machine (VTM) Revenue Market Share by Players (2018-2023)
3.2 Global Virtual Teller Machine (VTM) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Virtual Teller Machine (VTM) Revenue
3.4 Global Virtual Teller Machine (VTM) Market Concentration Ratio
3.4.1 Global Virtual Teller Machine (VTM) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Virtual Teller Machine (VTM) Revenue in 2022
3.5 Virtual Teller Machine (VTM) Key Players Head office and Area Served
3.6 Key Players Virtual Teller Machine (VTM) Product Solution and Service
3.7 Date of Enter into Virtual Teller Machine (VTM) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Virtual Teller Machine (VTM) Breakdown Data by Type
4.1 Global Virtual Teller Machine (VTM) Historic Market Size by Type (2018-2023)
4.2 Global Virtual Teller Machine (VTM) Forecasted Market Size by Type (2024-2029)
5 Virtual Teller Machine (VTM) Breakdown Data by Application
5.1 Global Virtual Teller Machine (VTM) Historic Market Size by Application (2018-2023)
5.2 Global Virtual Teller Machine (VTM) Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Virtual Teller Machine (VTM) Market Size (2018-2029)
6.2 North America Virtual Teller Machine (VTM) Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Virtual Teller Machine (VTM) Market Size by Country (2018-2023)
6.4 North America Virtual Teller Machine (VTM) Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Virtual Teller Machine (VTM) Market Size (2018-2029)
7.2 Europe Virtual Teller Machine (VTM) Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Virtual Teller Machine (VTM) Market Size by Country (2018-2023)
7.4 Europe Virtual Teller Machine (VTM) Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Virtual Teller Machine (VTM) Market Size (2018-2029)
8.2 Asia-Pacific Virtual Teller Machine (VTM) Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Virtual Teller Machine (VTM) Market Size by Region (2018-2023)
8.4 Asia-Pacific Virtual Teller Machine (VTM) Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Virtual Teller Machine (VTM) Market Size (2018-2029)
9.2 Latin America Virtual Teller Machine (VTM) Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Virtual Teller Machine (VTM) Market Size by Country (2018-2023)
9.4 Latin America Virtual Teller Machine (VTM) Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Virtual Teller Machine (VTM) Market Size (2018-2029)
10.2 Middle East & Africa Virtual Teller Machine (VTM) Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Virtual Teller Machine (VTM) Market Size by Country (2018-2023)
10.4 Middle East & Africa Virtual Teller Machine (VTM) Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 AURIONPRO
11.1.1 AURIONPRO Company Detail
11.1.2 AURIONPRO Business Overview
11.1.3 AURIONPRO Virtual Teller Machine (VTM) Introduction
11.1.4 AURIONPRO Revenue in Virtual Teller Machine (VTM) Business (2018-2023)
11.1.5 AURIONPRO Recent Development
11.2 Huawei Technologies Co., Ltd
11.2.1 Huawei Technologies Co., Ltd Company Detail
11.2.2 Huawei Technologies Co., Ltd Business Overview
11.2.3 Huawei Technologies Co., Ltd Virtual Teller Machine (VTM) Introduction
11.2.4 Huawei Technologies Co., Ltd Revenue in Virtual Teller Machine (VTM) Business (2018-2023)
11.2.5 Huawei Technologies Co., Ltd Recent Development
11.3 Arman Design
11.3.1 Arman Design Company Detail
11.3.2 Arman Design Business Overview
11.3.3 Arman Design Virtual Teller Machine (VTM) Introduction
11.3.4 Arman Design Revenue in Virtual Teller Machine (VTM) Business (2018-2023)
11.3.5 Arman Design Recent Development
11.4 KIOSK Information Systems
11.4.1 KIOSK Information Systems Company Detail
11.4.2 KIOSK Information Systems Business Overview
11.4.3 KIOSK Information Systems Virtual Teller Machine (VTM) Introduction
11.4.4 KIOSK Information Systems Revenue in Virtual Teller Machine (VTM) Business (2018-2023)
11.4.5 KIOSK Information Systems Recent Development
11.5 Phoenix Kiosk Inc
11.5.1 Phoenix Kiosk Inc Company Detail
11.5.2 Phoenix Kiosk Inc Business Overview
11.5.3 Phoenix Kiosk Inc Virtual Teller Machine (VTM) Introduction
11.5.4 Phoenix Kiosk Inc Revenue in Virtual Teller Machine (VTM) Business (2018-2023)
11.5.5 Phoenix Kiosk Inc Recent Development
11.6 REDYREF
11.6.1 REDYREF Company Detail
11.6.2 REDYREF Business Overview
11.6.3 REDYREF Virtual Teller Machine (VTM) Introduction
11.6.4 REDYREF Revenue in Virtual Teller Machine (VTM) Business (2018-2023)
11.6.5 REDYREF Recent Development
11.7 Kontron AG
11.7.1 Kontron AG Company Detail
11.7.2 Kontron AG Business Overview
11.7.3 Kontron AG Virtual Teller Machine (VTM) Introduction
11.7.4 Kontron AG Revenue in Virtual Teller Machine (VTM) Business (2018-2023)
11.7.5 Kontron AG Recent Development
11.8 Inspur
11.8.1 Inspur Company Detail
11.8.2 Inspur Business Overview
11.8.3 Inspur Virtual Teller Machine (VTM) Introduction
11.8.4 Inspur Revenue in Virtual Teller Machine (VTM) Business (2018-2023)
11.8.5 Inspur Recent Development
11.9 Slabb Inc.
11.9.1 Slabb Inc. Company Detail
11.9.2 Slabb Inc. Business Overview
11.9.3 Slabb Inc. Virtual Teller Machine (VTM) Introduction
11.9.4 Slabb Inc. Revenue in Virtual Teller Machine (VTM) Business (2018-2023)
11.9.5 Slabb Inc. Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
AURIONPRO
Huawei Technologies Co., Ltd
Arman Design
KIOSK Information Systems
Phoenix Kiosk Inc
REDYREF
Kontron AG
Inspur
Slabb Inc.
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*If Applicable.
