Press release
Projected Soaring Growth and Key Trends in the Global Next-Gen ATM Market
Next-Gen ATM Market Size
What Is The Projected Market Size Of The Global Next-Gen ATM Market And Its Growth Rate?
• The next-gen ATM market size has exhibited strong growth in recent years, growing from $3.26 billion in 2024 to $3.51 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. This growth results from an increased demand for digital banking solutions and a rise in cardless transactions, among other factors.
• The market size is expected to continue its strong growth in the coming years, potentially reaching $4.9 billion in 2029 at a compound annual growth rate (CAGR) of 8.7%.
• The projected growth in the forecast period can be attributed to increasing demand for tailored services and experiences for customers, increased efficiency for financial institutions, and growing adoption of smartphones and internet services.
What Is Driving The Growth In The Next-Gen ATM Market?
The next-gen ATM market's ongoing growth is largely attributed to the rising value of consumers' purchasing power parity (PPP). Functioning as a crucial macroeconomic statistic that compares various nations' currencies using a basket of goods method, PPP exchange rates provide a more accurate measure of relative economic productivity and standards of living than market exchange rates. The stable nature of PPP exchange rates helps next-gen ATMs make more informed decisions about where to expand their operations. For instance, according to the Energy Information Administration, the purchasing power annual average index value rose from 270.97 in 2021 to 292.66 in 2022. Therefore, the rise in consumers' purchasing power parity (PPP) is driving the next-gen ATM market.
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Who Are the Key Players Driving Next-Gen ATM Market Growth?
• Fujitsu Limited
• NCR Corporation
• Diebold Nixdorf Inc.
• Euronet Worldwide Inc.
• OKI Electric Industry Co. Ltd.
• Hyosung Corporation
• ACI Worldwide Inc.
• GRG Banking Equipment Co. Ltd.
• Bancsource
• Hitachi Payment Services Pvt. Ltd.
• Nautilus Hyosung America Inc.
• Invenco Group Ltd.
• Aevi International GmbH
• HESS Cash Systems GmbH
• Puloon Technology Inc.
• Triton Systems of Delaware LLC
• Spinnaker International Ltd.
• Ark Technologies Group
• Citywide ATM Inc.
• Unified Payments Services Ltd.
• Genmega Inc.
• Sharenet Inc.
• Cypress Advantage
• TEKchand Pty Ltd.
What Are The Key Trends In The Next-Gen ATM Market?
• Integration with mobile banking apps
• Personalized and user-customized experience
• API-based architecture
• Product innovations
• Market expansion.
What Are The Segments Of The Global Next-Gen ATM Market?
1) By Type: Cash Dispensers, Deposit ATMs, Cash Recycling ATMs, Self-Service ATMs, Self-Service Kiosks, Mobile ATMs, Other Types
2) By Solutions: Deployment, Managed Services
3) By Technology: Contactless, Voice Recognition, Biometrics, Video Banking, AI (Artificial intelligence) And IoT (Internet of Things) Integration
4) By Application: Bank Service Agent, Bank, Retail, Enterprises
Which Region Leads The Next-Gen ATM Market?
The region where the next-gen ATM market thrived most significantly in 2024 was North America. Furthermore, the market report covers other regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Next-Gen ATM Market Global Market Report?
- Market Size Analysis: Analyze the Next-Gen ATM Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various sub-segments within the Next-Gen ATM Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Next-Gen ATM Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Next-Gen ATM Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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