According to the latest report by IMARC Group, titled “ATM Market Report by Solution (Deployment Solutions, Managed Services), Screen Size (15” and Below and Above 15”), Application (Withdrawals, Transfers, Deposits), ATM Type (Conventional/Bank ATMs, Brown Label ATMs, White Label ATMs, Smart ATMs, Cash Dispensers), and Region 2025-2033” the global ATM market size reached USD 24.4 Billion in 2024. An automated teller machine (ATM) is an electronic banking device that provides numerous benefits to both individuals and financial institutions. It is an integral part of modern banking, offering convenience, accessibility, and efficiency to users worldwide. It allows users to perform a variety of banking transactions, such as withdrawing cash, checking account balances, depositing funds, and transferring money between accounts. It is widely accessible and constructed in various locations, including banks, shopping centers, gas stations, and even remote areas to ensure that users can access their funds and perform transactions conveniently, regardless of their location.
Global ATM Market Trends:
At present, many people prefer cash for various transactions despite the rise of digital payments and electronic transactions, which, in turn, represents one of the key factors supporting the growth of the market. Besides this, ATMs serve as a critical tool for providing banking services to remote and underserved areas, enabling individuals to access their funds conveniently. In addition, technological advancements, including the integration of biometric authentication, contactless card readers, and mobile banking capabilities to enhance security and offer a more seamless user experience are bolstering the growth of the market. Moreover, people appreciate the ability to access cash and conduct various banking transactions outside traditional banking hours, which is catalyzing the demand for ATM around the world. Additionally, the ongoing development of advanced security features, such as anti-skimming technology and real-time monitoring, is crucial in combating fraud and ensuring the safety of ATM transactions. Looking forward, the market value is projected to reach USD 36.3 Billion by 2033, expanding at a CAGR of 4.06% during 2025-2033.
Market Summary:
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Solutions Covered |
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Screen Sizes Covered | 15” and Below and Above 15” |
Applications Covered | Withdrawals, Transfers, Deposits |
ATM Types Covered | Conventional/Bank ATMs, Brown Label ATMs, White Label ATMs, Smart ATMs, Cash Dispensers |
Regions Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Companies Covered | Diebold Inc., Wincor Nixdorf AG, NCR Corporation, Triton Systems of Delaware, Hitachi-Omron Terminal Solutions, GRG Banking Equipment Co. Ltd., OKI Electric Industry co. Ltd., Nautilus Hyosung Corporation, HESS Cash Systems GmbH & Co KG, Fujitsu Ltd., Euronet Worldwide, Brink's Company, etc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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