Automated Teller Machines (ATMs): Global Strategic Business Report

Report
318 Pages
April 2024
Region: Global
Global Industry Analysts, Inc
ID: 338799

Global Automated Teller Machines (ATMs) Market to Reach $34.8 Billion by 2030

The global market for Automated Teller Machines (ATMs) estimated at US$22.4 Billion in the year 2022, is projected to reach a revised size of US$34.8 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-2030. 15 & Below, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$23.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Above 15 segment is readjusted to a revised 7.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $6 Billion, While China is Forecast to Grow at 9.2% CAGR

The Automated Teller Machines (ATMs) market in the U.S. is estimated at US$6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.8 Billion by the year 2030 trailing a CAGR of 9.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Select Competitors (Total 292 Featured) -

Automatia Pankkiautomaatit Oy
Banking Automation Ltd.
BankUnited
Banqit AB
Cashway Technology Co., Ltd.
Chungho Comnet Co., Ltd.
Diebold Nixdorf, Inc.
Eastcom Co., Ltd.
Euronet Worldwide, Inc.
First Merit Bank

What's New?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Automated Teller Machines (ATMs): An Omnipresent Modern Convenience
Recent Market Activity
ATMs to Remain at Forefront of Self-Service Banking
Next-Generation ATMs Bring Attention towards Channel Management
Modern ATMs: Much More than Just Cash Dispensing Machines
Future of ATMs
Improving Economy Buoys General Market Optimism
Years 2016 and 2017 in Retrospect
2018 Global Economic Outlook
Intense Competition on the Cards for the Market Leaders
Financial Services Industry Witness Consolidation Trends
Multi-Vendor ATM Software: The New Norm
Demand for Multiple Services Transform ATM System Functionality
Independent ATM Deployers (IADs) to Essay Significant Role
Key Challenges for IADs
Shared Regional ATM Networks Resorting to Mergers and Acquisitions
Other Significant Trends
Outlook
Asia-Pacific Commands the ATM Market
Technological Advances Set ATM Market on Expansion Spree
Automated Teller Machines (ATMs) - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

Diebold Nixdorf, Inc. (USA)
FUJITSU (Japan)
Euronet Worldwide, Inc. (USA)
GRG Banking Equipment Co. Ltd. (China)
Guangzhou KingTeller Technology Co., Ltd. (China)
Hantle, Inc. (USA)
Hitachi-Omron Terminal Solutions, Corp. (Japan)
Itautec (Brazil)
Nautilus Hyosung America, Inc. (USA)
NCR Corporation (USA)
Renome-Smart LLC (Ukraine)

3. MARKET TRENDS & DRIVERS

ATMs: Brimming with Youth at 50
Key Trends within ATMs Market
Ongoing Modernization
Means for Supporting Payments Option
Use of Data and Analytical Tools for Delivering Consumer Insights
Increase in Cash Deposits and Recycling
Entirely New Experiences
Cardless ATMs
Cash Recycling and Use of Multiple Denominations
New Functionalities
Measures to Counter Fraud
Individualization
Digitalization
Miniaturization
Automation
Unchallenged Dominance of Cash: A Strong Growth Driver
Mobile Technology Revolutionizes ATM Functionality
Increasing Importance of ATMs in Mobile Banking Era
Advancements in ATM Technology
Potential for Offering Omnichannel Experience
Increasing Popularity of Self-service Options
ATMs: the Preferred Option of FIs
Increasing Sales of Smartphones Promote ATM-Mobile Convergence
Contactless ATM Transactions: The Future of Banking
Contactless Card Readers
Robust Branch Automation Initiatives Offer Significant Growth Opportunities
Video Teller Machines to Head Branch Transformation
The Rise of Personal Teller Machines to Improve Operational Efficiency
Technology Advancements: Spearheading Growth
Remote Deposit Capture: A New Technology to Expedite Deposits at ATM
Improved Data Storage and Transmission Reduce ATM Service Costs
ATM Virtualization
Cloud Technology to Slash Data Storage Costs
4G-Connectivity to Improve ATM Efficiency
Triple DES and RKT Technologies
Web-Based Technology
Wireless Technology in ATMs
Talking ATMs for Visually Handicapped
Novel ATM Technologies for Target Marketing
ATM Design Innovations
Select ATMs with Innovative Features
Continuous Rise in Off-Premise ATM Installations Worldwide Bode Well for the Market
ATM Security: Crucial to Improving Consumer Confidence
Security Measures by Leading ATM Makers
Recent Biometric Advancements
ATM Fraud: A Global Menace
Innovative and Diverse Attacks Present Daunting Challenge for ATM Operators
Transition to Chip-Only Cards Set to Begin
ATM Malware - A Shift from Physical Attacks to Network-based Threats
Malware Targeting ATMs Since 2009
Net-work-Based Attack: The New Path to ATM Infection
ATM Standards: Work in Progress
Card-Based EACS: A Popular Choice of Access Control Strategy
Banking & Financial Services: One of the Most Promising End-use Sector for Card Based EACS
Expanding ATM Functionalities Enhance Self-Service Experience
Two-Way Video Communications
Two-Dimensional Bar Code Scanners
Additional Functionalities to Improve Revenue Streams
ATM Cash Recycling to Gain Prominence
PCI DSS Compliance Promotes Windows 7 Migration of ATMs
Outsourcing of Select ATM Operations in the Pipeline
Developing Countries to Turbo Charge Future Growth in the Market
Explosive Demand for ATM Cash Withdrawals Boosts ATM Installations
Rising Global Population Propels Demand for Banking and Financial Services
Expanding Middle Class Population in the Developing Countries Spur Market Growth
India & China: Important Potential Future Markets
ATM Fee on the Rise: A Cause for Concern
Banking Industry: A Macro Perspective
Heading Towards a Checkless Banking Society
Technology, Consolidation & Deregulation
ATMs: Forerunners in the Debit Card Market
Online Banking: A Convenient Mode of Banking
Masters in the Cashless Economy
Mobile Banking: The New Face of Banking
Role of ATMs in the Banking Sector
Changing Banking Strategies with Regard to ATMs
Promotional Schemes Increase ATM Usage
Transformation of Banking Industry Increases
ATM Innovations in over 50 Years
Turning Point in the Banking History
Sustained Relevance and Profitability Depends on Adoption of Emerging Technologies to Innovate and Grow
Expanding the Utility of ATMs
Disruptive Technology in Retail Banking
Tablet Cash Machines
The More Agile "Pop-Up" Branch
New Technologies and Innovations Imperative for Driving Growth in ATMs Market

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Automated Teller Machines (ATMs) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 2: World 8-Year Perspective for Automated Teller Machines (ATMs) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2023 & 2030
Table 3: World Recent Past, Current & Future Analysis for 15" & Below by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 4: World 8-Year Perspective for 15" & Below by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
Table 5: World Recent Past, Current & Future Analysis for Above 15" by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 6: World 8-Year Perspective for Above 15" by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
Table 7: World Recent Past, Current & Future Analysis for Deployment Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 8: World 8-Year Perspective for Deployment Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
Table 9: World Recent Past, Current & Future Analysis for Managed Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 10: World 8-Year Perspective for Managed Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
Table 11: World Recent Past, Current & Future Analysis for Brown Label by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 12: World 8-Year Perspective for Brown Label by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
Table 13: World Recent Past, Current & Future Analysis for White Label by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 14: World 8-Year Perspective for White Label by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
Table 15: World Recent Past, Current & Future Analysis for Cash Dispensers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 16: World 8-Year Perspective for Cash Dispensers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
Table 17: World Recent Past, Current & Future Analysis for Smart ATMs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 18: World 8-Year Perspective for Smart ATMs by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
Table 19: World Recent Past, Current & Future Analysis for Conventional / Bank by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 20: World 8-Year Perspective for Conventional / Bank by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
Table 21: World Automated Teller Machines (ATMs) Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030

III. MARKET ANALYSIS

UNITED STATES

Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)

CANADA

JAPAN

Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)

CHINA

Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)

EUROPE

Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)

FRANCE

Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)

GERMANY

Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)

ITALY

UNITED KINGDOM

Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)

SPAINRUSSIAREST OF EUROPE

ASIA-PACIFIC

Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)

AUSTRALIA

Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)

INDIA

Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)

SOUTH KOREAREST OF ASIA-PACIFIC

LATIN AMERICA

Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)

ARGENTINABRAZILMEXICOREST OF LATIN AMERICA

MIDDLE EAST

Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)

IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST

AFRICA

Automated Teller Machines (ATMs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)

IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Automatia Pankkiautomaatit Oy
Banking Automation Ltd.
BankUnited
Banqit AB
Cashway Technology Co., Ltd.
Chungho Comnet Co., Ltd.
Diebold Nixdorf, Inc.
Eastcom Co., Ltd.
Euronet Worldwide, Inc.
First Merit Bank

Table Information

Report Attribute	Details
No. of Pages	318
Published	April 2024
Forecast Period	2020 - 2027
Estimated Market Value ( USD ) in 2020	$ 21.3 Billion
Forecasted Market Value ( USD ) by 2027	$ 29.4 Billion
Compound Annual Growth Rate	4.7%
Regions Covered	Global

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Global Automated Teller Machines (ATMs) Market to Reach $34.8 Billion by 2030

The U.S. Market is Estimated at $6 Billion, While China is Forecast to Grow at 9.2% CAGR

Select Competitors (Total 292 Featured) -

What's New?

Table of Contents

Companies Mentioned (Partial List)

Table Information

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