ATMIA Blog: ATMIA Publishes a Study of the IAD Market in Australia

ATMIA has published its Australia country report in the association’s popular series of reports on Independent ATM Deployer market opportunities worldwide. This follows earlier studies of the US, Canadian, UK and German markets.

The new study finds the Australian retail ATM market under pressure from shrinking GDP, the digital banking transformation and the shift to contactless “tap and go” technologies. However, this expert analysis, edited by award-winning Upshot Advisors consultancy, identifies new opportunities which still exist for Independent ATM Deployers, especially in the area of outsourcing of bank off-premise ATMs.

“ATMIA has been active in the Australian market for over fifteen years and this new, affordably priced, industry research report paints a complex picture of an evolving market that still has lots of life in it,” commented Mike Lee, CEO of ATMIA. “The country’s retail sector accounts for $320 billion per year in sales and it will be interesting to see how ATMs continue to play a vital role as many stores and bank branches close on the high street. The ATM can continue to be a dynamic phygital hub for years and years to come, linking the digital and the access to cash in one machine.”

ATMIA will continue to produce relevant, high-quality, affordably priced industry research. Watch out for the next study in this global series of IAD market reports!

Members may purchase the paper here for $150. Non-members may purchase the paper here for $500.

For more information, contact Mike Lee at [email protected]

About Mike Lee, ATMIA CEO - Mike Lee has been CEO of ATMIA since 2005. He is a qualified futurist and his second book on study of the future Codebreaking our Future is available on Amazon.  Mike is President of the ATM Security Association and Chairperson of the Consortium for Next Gen ATMs.