(MENAFN- GlobeNewsWire - Nasdaq) Dublin, Nov. 14, 2025 (GLOBE NEWSWIRE) -- The "ATM Market - Deployment Trends & Forecast 2025-2033" has been added to ResearchAndMarkets's offering. The ATM Market is expected to reach US$ 35.50 billion by 2033 from US$ 25.20 billion in 2024, with a CAGR of 3.88% from 2025 to 2033. More demand for cash withdrawals, greater financial inclusion, technological advancements such as contactless payments, establishment of banking networks in emerging economies, and the utilization of self-service kiosks are a few of the factors driving the growth of the ATM industry.
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Growth Drivers for the ATM Market
ATM-Related Convenience and Accessibility
As compared to the customary banking hours, ATMs provide easy access to cash and financial services during any given time of day. Hectic schedules of customers with a need for flexibility in transaction processing are accommodated by this ease. To provide access to a wide range of users, ATMs are also strategically located in many different locations, including business districts, rural regions, and urban areas. As of 2023, 36.4% of India's population would reside in urban areas, based on the CIA. Clients who may not have immediate access to actual bank offices at their preferred times are significantly facilitated by this access.
Rapid Digital Conversion
As contactless transactions, biometric authentication, and mobile banking software have become increasingly employed, ATMs have evolved to deliver an end-to-end safe and seamless user experience. More than 671 million individuals utilized facial biometrics for making payments in 2020, and by 2025 it is expected to grow to 1.4 billion individuals. Among the most significant biometric authentication methods that enhance security through the verification of users' identity before transactions are processed are fingerprint and face recognition. With a simple tap on their cards or mobile phones, customers can make quick and secure transactions through contactless modes of payments made possible by Near Field Communication (NFC) technology.
Technological Advancements
Automated teller machine market growth is largely attributed to technological advancements that enhance banking safety and efficiency. Some of the innovations included are contactless payments, biometrics, and enhanced software solutions, which enhance the security and convenience of users. In June 2023, for instance, NCR Corporation and Members ATM Alliance (MAA) partnered to provide ATM as a Service (ATMaaS) to credit unions. This collaboration simplifies managing ATMs by offering comprehensive services such as software management, cash management, transaction processing, and deployment. Credit unions can simplify operations and save costs through ATMaaS, which demonstrates that technology can make ATMs more accessible and functional and drive further market growth.
Challenges in the ATM Market
Cash Dependency
Since the demand for cash withdrawals is declining due to the increasing use of digital payments, mobile banking, and contactless transactions, cash reliance is a major problem in the ATM business. The number of transactions at ATMs is impacted by this move to electronic payment methods, which could make them less lucrative. ATM operators may find it challenging to defend the expense of maintaining and running their machines as more customers choose cashless methods for routine transactions, particularly in places where there is no need for cash services.
Regulatory Compliance
Due to ever changing financial regulations, such as those pertaining to data protection, accessibility, and security, regulatory compliance is a major concern in the ATM business. Because local and international rules can be complicated and expensive, operators must make sure their ATMs comply with them. Regular software updates, hardware improvements, and employee training are frequently necessary for compliance, and these contribute to operating costs. These rules are very important to ATM providers because noncompliance can lead to fines, harm to one's reputation, and possibly the closure of operations.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 200 |
| Forecast Period | 2024-2033 |
| Estimated Market Value (USD) in 2024 | $25.2 Billion |
| Forecasted Market Value (USD) by 2033 | $35.5 Billion |
| Compound Annual Growth Rate | 3.8% |
| Regions Covered | Global |
Key Topics Covered
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. ATM Market
5.1 Historical Market Trends
5.2 Market Forecast
6. ATM Market Share Analysis
6.1 By Solution
6.2 By Type
6.3 By Application
6.4 By Countries
7. Solution
7.1 Deployment
7.2 Managed Services
8. Type
8.1 White Label
8.2 Brown Label
9. Application
9.1 Withdrawals
9.2 Transfers
9.3 Deposits
10. Countries
10.1 North America
10.2 Europe
10.3 Asia Pacific
10.4 Latin America
10.5 Middle East & Africa
11. Porter's Five Forces Analysis
11.1 Bargaining Power of Buyers
11.2 Bargaining Power of Suppliers
11.3 Degree of Rivalry
11.4 Threat of New Entrants
11.5 Threat of Substitutes
12. SWOT Analysis
12.1 Strength
12.2 Weakness
12.3 Opportunity
12.4 Threat
13. Key Players Analysis
13.1 Diebold Nixdorf Incorporated
13.2 NCR Corporation
13.3 HESS Cash Systems GmbH
13.4 Hitachi Channel Solutions Corp.
13.5 Fujitsu
13.6 GRG Banking
13.7 Source Technologies
13.8 Hyosung TNS Inc.
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