ATM Services Market Report 2026

The atm services market size has grown strongly in recent years. It will grow from $23.23 billion in 2025 to $24.71 billion in 2026 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to expansion of retail banking infrastructure, increasing consumer demand for self-service banking, growth of off-premise atm installations, rising cash circulation in emerging economies, wider acceptance of automated banking channels.

The atm services market size is expected to see strong growth in the next few years. It will grow to $31.23 billion in 2030 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to increasing adoption of biometric-enabled atms, rising investments in smart atm networks, expansion of atm-as-a-service models, growing focus on cost-efficient cash management, increasing demand for 24/7 banking access. Major trends in the forecast period include increasing deployment of contactless and cardless atm services, rising adoption of video teller machines, growing integration of advanced atm security systems, expansion of off-premise atm networks, enhanced focus on atm network uptime and availability.

Growing ATM installations are expected to drive the growth of the ATM services market in the coming years. ATM installations refer to the setup and deployment of automated teller machines (ATMs) across various locations such as banks, retail outlets, airports, and other public or private venues. These installations are primarily fueled by financial inclusion initiatives, where governments and financial institutions aim to expand banking infrastructure in rural and underserved regions to bring unbanked populations into the formal financial system. ATM services play a key role in enabling and maintaining these installations by ensuring continuous operation and customer satisfaction through regular maintenance, cash replenishment, software updates, and technical support. For example, in February 2024, the Economic Momentum in Uzbekistan reported that the number of ATMs and self-service kiosks increased significantly from 20,000 in 2022 to 27,000 in the first 11 months of 2023. As a result, the expansion of ATM installations is contributing to the growth of the ATM services market.

Leading companies operating in the ATM services market are increasingly focusing on technological advancements to enhance operational efficiency and address the demand for sustainable, cost-effective cash infrastructure solutions. These advanced banking services utilize cutting-edge technologies such as artificial intelligence, blockchain, and the Internet of Things to transform traditional banking models. For instance, in April 2024, Hitachi Payment Services, an India-based financial technology company, introduced India’s first upgradable ATM featuring a modular design and advanced technology. This ATM includes features like component-level upgradability, enabling the easy addition of new functionalities such as contactless interfaces, biometric authentication, and CBDC compatibility through simple hardware swaps instead of complete machine replacements. Field tests demonstrated a 40% reduction in ownership costs, a 60% improvement in hardware lifespan, and a 30% reduction in electronic waste.

In October 2025, Eredità Capital LLC, an Italy-based investment and asset management firm, acquired the Costa Magna ATM Portfolio for an undisclosed amount. Through this acquisition, Eredità Capital aims to broaden and optimize its alternative payments infrastructure investments by scaling the established ATMRev operating model to improve portfolio performance and expand the reach of cash-based transactions. Costa Magna S.r.l. is an Italy-based ATM asset portfolio that focuses on operating and managing automated teller machines in high-traffic locations, generating recurring, transaction-based revenues from cash withdrawals and related ATM services.

Major companies operating in the atm services market are Fujitsu Limited, Fiserv Inc., The Brink’s Company, Euronet Worldwide Inc., OKI Electric Industry Co Ltd., Loomis AB, Hyosung TNS Inc., GRGBanking Equipment Co Ltd., Diebold Nixdorf Incorporated, Armaguard Group Pty Ltd, KEBA AG, CMS Info Systems Limited, Vocalink Limited, Auriga S.p.A., Electronic Payment and Services Private Limited (EPS), Triton Systems of Delaware LLC, CashTransactions LLC, YourCash Europe Limited, Apex ATM Solutions Inc., Vortex Engineering Private Limited.

North America was the largest region in the ATM services market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the atm services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the atm services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The ATM services market includes revenues earned by entities through services such as cash withdrawals, deposits, balance inquiries, fund transfers, related maintenance, and network management services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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