openPR Logo
Press release

Comprehensive ATM Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034

03-07-2025 06:44 AM CET | IT, New Media & Software

Press release from: The Business Research Company

ATM

ATM

What combination of drivers is leading to accelerated growth in the atm market?
The surging use of ATMs by consumers is predicted to fuel the expansion of the ATM market. In numerous countries, people prefer using cash because of its inherent convenience. As the technological landscape advances, customers seek methods to withdraw cash that are quicker, more reliable, secure, and user-friendly. ATMs, acting as self-serving dispensing machines, offer customers banking services around the clock, irrespective of their location. These machines provide advantages such as lessened transaction expenses, amplified precision, and swiftness, thereby saving the user's time, money, and effort. For example, the ATM Industry Association (ATMIA), a non-profit trade association based in the U.S., reported an enlargement of around 21,000 terminals in the U.S. ATM network from 2021 till the end of 2022, with the mention made in September 2023. The current estimate of ATMIA is that the total count of operational ATMs varies from 520,000 to 540,000. Consequently, the escalating consumer adoption of ATMs is set to stimulate the ATM market's growth.

Get Your ATM Market Report Here:
https://www.thebusinessresearchcompany.com/report/atm-global-market-report

What is the projected compound annual growth rate (CAGR) of the atm market from 2025 to 2034, and what factors influence it?
The value of the ATM market has been consistently expanding over recent periods. The expected growth from $38.09 billion in 2024 to a projected $39.54 billion in 2025 with a compound annual growth rate (CAGR) of 3.8% exemplifies this steady expansion. The past growth can be accredited to heightened levels of cash transactions, enlarged banking frameworks, rising population and urban development, enhanced consumer convenience, and initiatives promoting financial inclusion.

Expectations suggest that the ATM market size will witness consistent expansion in the coming years, scaling up to $45.49 billion by 2029, with a compound annual growth rate (CAGR) of 3.6%. This projected growth can be credited to an increase in the trend of cash usage, global economic development, the advancement of banking services, governing body initiatives and strategies, and adjustment to shifting consumer habits. Key trends during the forecast period comprise emphasis on accessibility and inclusion functionalities, automation of cash recycling and deposit, off-location management and supervision of ATMs, improvement of user interactions through interactive interfaces, and the inclusion of sustainability principles in the design and operation of ATMs.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5701&type=smp

How are the latest trends influencing the growth of the atm market?
The emergence of Smart ATMs in the ATM market is a recent trend gaining traction. These automated teller machines provide more services than just cash dispensation. They incorporate cutting-edge technology to enhance customer experience and reduce fraud. For instance, in June 2023, Bank of Baroda, a prominent public sector bank in India, introduced an innovative service named Interoperable Cardless Cash Withdrawal (ICCW). This groundbreaking feature enables customers to withdraw cash from Bank of Baroda ATMs using only their UPI app and mobile phone, eliminating the need for a physical debit card. Customers just need to choose the UPI Cash Withdrawal option on the ATM, scan the QR code displayed with their UPI app, and validate the transaction using their UPI PIN. This service not only improves security, convenience, and versatility for customers but also mitigates the threat of card-related fraud and facilitates withdrawals from multiple linked accounts. Bank of Baroda is the inaugural public sector bank in India to provide this service, underscoring its pledge to digital innovation and customer convenience.

What are the major segments of the atm market and their role in driving growth?
The ATM market covered in this report is segmented -

1) By ATM Type: Location Based ATM, Operation Based ATM
2) By Solution: On Site, Off Site, Work Site, Mobile
3) By Operation: White Label, Green Label, Yellow Label
4) By Application: Withdrawal, Transfer, Deposits

Subsegments:
1) By Location-Based ATM: Off-Premise ATMs, On-Premise ATMs, Kiosk ATMs
2) By Operation-Based ATM: Cash Dispenser ATMs, Full-Service ATMs, Smart ATMs, Drive-Up ATMs

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5701

Which regions are key players in the growth of the atm market?
Asia-Pacific was the largest region in the ATM market in 2024. The regions covered in the atm market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth in the atm market?
Major companies operating in the ATM market include IBM Corporation, Tata Consultancy Services Limited, Atlas ATM, NCR Corporation, Diebold Nixdorf, Wincor Nixdorf, Euronet Worldwide Inc., Hyosung Corporation, GRG Banking Equipment Co. Ltd., Fujitsu Frontech Ltd., Eastcompeace, Nautilus Hyosung Corporation, Oki Electric Industry Co. Ltd., Forbes Technosys Ltd., KingTeller, Hantle, Triton Systems of Delaware LLC, HCL Infosystems Ltd., EFT Networks Inc., RapidCash ATM Ltd., Hitachi-Omron Terminal Solutions Corporation, Triton System of Delaware LLC, G4S plc, Lipi Data Systems Ltd., Itautec, Shenzhen Yihua Computer, HESS Cash Systems GmbH & Co KG

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=5701&type=smp

What Is Covered In The ATM Global Market Report?

• Market Size Forecast: Examine the atm market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the atm market for a structured understanding.
• Key Players Overview: Analyze major players in the atm market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the atm market.
• Segment Contributions: Evaluate how different segments drive overall growth in the atm market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the atm market.
• Industry Challenges: Identify potential risks and obstacles affecting the atm market.
• Competitive Landscape: Review strategic developments in the atm market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Comprehensive ATM Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034 here

News-ID: 3902958 • Views: …

More Releases from The Business Research Company

Rising Incidence of Dental Disorders Sparks Growth in the Tooth-Filling Material Market: Powering Innovation and Expansion in the Tooth Filling Materials Market by 2025
Rising Incidence of Dental Disorders Sparks Growth in the Tooth-Filling Material …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Tooth Filling Materials Market Through 2025? In the past few years, the market size for tooth filling materials has experienced robust growth. Projected to rise from $1.82 billion in 2024 to $1.92 billion in 2025, it's set to journey at a compound…
2025-2034 Stress Tests Equipment Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
2025-2034 Stress Tests Equipment Market Outlook: Key Drivers, Emerging Challenge …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Will the Stress Tests Equipment Industry Market Size Be by 2025? In recent years, the market for stress test equipment has seen robust growth. From a value of $2.99 billion in 2024, it is projected to increase to $3.19 billion in 2025, reflecting a compound annual growth rate…
2025 Positron Emission Tomography (PET) Scanners Industry Trends Report: Long-Term Outlook Through 2034
2025 Positron Emission Tomography (PET) Scanners Industry Trends Report: Long-Te …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. How Large Will the Positron Emission Tomography (PET) Scanners Market Size By 2025? The market size for positron emission tomography (pet) scanners has been witnessing a steady increment in the past years. The market is expected to escalate from $1.51 billion in 2024 to $1.58 billion in 2025, registering…
Strategic Forecast for the Ostomy Devices Industry: Market Outlook 2025-2034
Strategic Forecast for the Ostomy Devices Industry: Market Outlook 2025-2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. Ostomy Devices Market Size Growth Forecast: What to Expect by 2025? In the past few years, the ostomy devices market has been consistently expanding. Projections show an increase from $2.8 billion in 2024 to $2.9 billion in 2025, maintaining a compound annual growth rate (CAGR) of 3.9%. The significant…

All 5 Releases


More Releases for ATM

Prominent Automatic Teller Machine (ATM) Security Market Trend for 2025: Innovat …
"Which drivers are expected to have the greatest impact on the over the automatic teller machine (atm) security market's growth? The surge in automated teller machine (ATM) fraud incidents is projected to fuel the expansion of the automated teller machine (ATM) security market in the future. An ATM is a specific type of computerized device that allows individuals to conduct a range of banking activities without requiring human assistance or a…
Global ATM Market by Types(On-site ATM,Off-site ATM,Work Site ATM,Mobile Site AT …
The global ATM market has the potential to grow with xx million USD with growing CAGR in the forecast period from 2021f to 2026f. Global ATM Market Overview This market research report consists of a number of sections that provide data on the current state of the market, industry trends, and future prospects. It also includes analysis of key players and their positions in the market. The increasing adoption…
Contactless ATM (Cardless ATM) Market: Industry Future Developments, Competitive …
The Contactless ATM (Cardless ATM) market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status…
Global Contactless ATM (Cardless ATM) Industry Professional Market Size Survey b …
This report also researches and evaluates the impact of Covid-19 outbreak on the Contactless ATM (Cardless ATM) industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Contactless ATM (Cardless ATM) and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.).   Scope of the Report: The report presents the market outlook for the Indian Phospho Gypsum product from the year 2019…
Global Contactless ATM (Cardless ATM) Market Expected to Witness a Sustainable G …
LP INFORMATION offers a latest published report on Contactless ATM (Cardless ATM) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This intelligence Contactless ATM (Cardless ATM) Market report by LP INFORMATION includes investigations based on the current scenarios, historical records, and future predictions. An accurate data of various aspects such as type, size, application, and end user have been scrutinized…
China Automatic Teller Machine (ATM) Market Segments CRS, VTM, ATM, STM and 11 A …
Since 1985 when the first ATM was deployed in China, ATM installation has been on the rise. By the end of 2018, the ownership of bank self-service equipment had reached 1,110,800 units in China, presenting a year-on-year upsurge of 15.6%, with 7.99 units per 10,000 people, up 15.03% over the previous year. As estimated, the ownership will exceed 2.1 million units in 2025. Get Discount on China Automatic Teller Machine (ATM)…