Multivendor Automated Teller Machine (ATM) Software Market Report 2025

The multivendor automated teller (ATM) machine software market size has grown rapidly in recent years. It will grow from $2.88 billion in 2024 to $3.37 billion in 2025 at a compound annual growth rate (CAGR) of 17.2%. Growth during the historic period was driven by rising demand for interoperable ATM networks, expanding ATM deployment in emerging markets, increased focus by banks on reducing operational costs, growing adoption of open standards, and higher maintenance costs associated with single-vendor systems.

The multivendor automated teller machine (ATM) software market size is expected to see rapid growth in the next few years. It will grow to $6.28 billion in 2029 at a compound annual growth rate (CAGR) of 16.8%. Growth in the forecast period is expected to be driven by rising demand for software-defined ATMs, greater emphasis on ATM-as-a-service, increasing need for enhanced ATM security features, growing adoption of cloud-based ATM software solutions, and a stronger focus on real-time monitoring and analytics. Key trends anticipated during this period include advancements in AI-driven security, integration with digital payment systems, innovations in biometric authentication, improvements in multi-channel integration, and development of personalized user interfaces.

The increasing adoption of digital banking services is expected to drive the growth of the multivendor automated teller machine (ATM) software market in the coming years. Digital banking services deliver financial products and services through channels such as mobile apps, websites, and internet platforms, allowing customers to access accounts, perform transactions, and manage finances remotely. This adoption is fueled by the demand for seamless, secure, and convenient financial access. Multivendor ATM software enhances digital banking by enabling integration across different ATM networks, improving service consistency and user experience. It supports vendor-agnostic deployments, advanced features such as cardless transactions, and remote management, boosting operational efficiency. For example, in April 2024, UK Finance reported that digital-only bank accounts in the UK rose to 36%, up from 24% in 2023, reflecting growing reliance on digital financial services.

The increasing adoption of cloud-based services is also supporting the growth of the multivendor ATM software market. Cloud-based services provide internet-delivered solutions that allow remote access to data, applications, and computing resources without on-site infrastructure. Their adoption is driven by the need for scalability, flexibility, and cost-efficient operations. Cloud-based solutions enhance multivendor ATM software by enabling centralized updates, remote monitoring, and scalable deployment across ATM networks, improving operational efficiency and reducing maintenance costs. For instance, in December 2023, Eurostat reported that 45.2% of enterprises purchased cloud computing services, up from 41% in 2021, highlighting the rising reliance on cloud infrastructure.

Companies in the multivendor ATM software market are increasingly developing next-generation self-service platforms to enhance interoperability, flexibility, and user experience. These platforms integrate ATMs from multiple vendors, offering modular, secure, and advanced functionalities. For example, in May 2024, Diebold Nixdorf Incorporated, a US-based technology company, launched Vynamic Connection Points 7, a seventh-generation multivendor self-service software. The platform supports seamless integration, cardless transactions, cash recycling, and faster deployment, optimizing both operational efficiency and customer experience across banking networks.

Major players in the multivendor automated teller machine (atm) software market are Fujitsu Limited, Fiserv Inc., Fidelity National Information Services Inc., NCR Corporation, Diebold Nixdorf Incorporated, Strategic Business Systems Inc., Euronet Worldwide Inc., Tietoevry Corporation, ACI Worldwide Inc., Cennox Group Ltd., CashLink Global Systems Private Limited, Currency Redesign and Reengineering, Nautilus Hyosung America Inc., KAL ATM Software GmbH, Printec Group, Vortex Engineering Private Limited, Hitachi-Omron Terminal Solutions Corp., CMS Info Systems Limited, Auriga S.p.A., Guangzhou GRG Banking Equipment Co. Ltd.

North America was the largest region in the multivendor automated teller machine (ATM) software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in multivendor automated teller (ATM) machine software report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the multivendor automated teller (ATM) machine software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the financial sector, particularly in investment strategies and risk management. Heightened tariffs have fueled market volatility, prompting cautious behavior among institutional investors and increasing demand for hedging instruments. Banks and asset managers are facing higher costs associated with cross-border transactions, as tariffs disrupt global supply chains and dampen corporate earnings, key drivers of equity market performance. Insurance companies, meanwhile, are grappling with increased claims risks tied to supply chain disruptions and trade-related business losses. Additionally, reduced consumer spending and weakened export demand are constraining credit growth and investment appetite. The sector must now prioritize diversification, digital transformation, and robust scenario planning to navigate the heightened economic uncertainty and protect profitability.

Multivendor automated teller machine (ATM) software is a standardized software solution that allows ATMs from different manufacturers to operate on a single platform. It enables banks and financial institutions to efficiently manage, update, and control a diverse ATM fleet while reducing reliance on proprietary vendor systems.

The primary components of multivendor ATM software include software and services. Software-as-a-service (SaaS) solutions provide seamless integration, operation, and management of ATMs from multiple vendors through a unified platform, ensuring consistent functionality, support, and customization across various hardware. These solutions are deployed via on-premises and cloud-based models and offer core functions such as bill payments, card payments, cash and check dispensing, cash and check deposits, passbook printing, and more. Supported transaction types include cash withdrawals, balance inquiries, fund transfers, bill payments, and account statement printing. The software serves a wide range of end-users, including independent ATM deployers and banks and financial institutions.

The multivendor automated teller machine software market research report is one of a series of new reports that provides multivendor automated teller machine software market statistics, including multivendor automated teller machine software industry global market size, regional shares, competitors with a multivendor automated teller machine software market share, detailed multivendor automated teller machine software market segments, market trends and opportunities, and any further data you may need to thrive in the multivendor automated teller machine software industry. This multivendor automated teller machine software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The multivendor automated teller (ATM) machine software market consists of revenues earned by entities by providing services such as software deployment, integration support, maintenance, customization, remote monitoring, security management, system upgrades, and transaction management solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The multivendor automated teller (ATM) machine software market also includes sales of automated teller machine management software, transaction processing software, security and fraud prevention tools, remote monitoring systems, and customer interface applications. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

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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