Automated Teller Machine (ATM) as a Service Market Report 2026

The automated teller machine (atm) as a service market size has grown rapidly in recent years. It will grow from $4.53 billion in 2025 to $5.03 billion in 2026 at a compound annual growth rate (CAGR) of 11%. The growth in the historic period can be attributed to high capital costs of atm ownership, expansion of atm networks in emerging markets, outsourcing of non-core banking operations, rising maintenance complexity, growth of off-site atm deployments.

The automated teller machine (atm) as a service market size is expected to see rapid growth in the next few years. It will grow to $7.53 billion in 2030 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to increasing focus on cost optimization by banks, expansion of digital-first banking strategies, rising adoption of contactless atm technologies, growing demand for real-time atm analytics, increased use of third-party service providers. Major trends in the forecast period include increasing adoption of managed atm services, rising demand for cloud-based atm monitoring, growing shift toward opex-based banking models, expansion of remote atm management, enhanced focus on service-level optimization.

The increasing adoption of mobile banking and digital wallets is expected to drive the growth of the automated teller machine as a service (ATMaaS) market in the coming years. Mobile banking and digital wallets enable users to conduct banking transactions or make payments via mobile devices, offering convenient access to financial services anytime and anywhere. Their rising popularity is fueled by growing smartphone penetration and the demand for seamless transactions. ATMaaS complements these digital solutions by supporting cardless transactions and providing a unified digital banking experience. It expands access to cash and other banking services while reducing dependence on physical branches, enhancing customer convenience and flexibility. For example, in April 2024, the Federal Reserve Financial Services reported that 62% of all businesses used digital wallets and mobile apps in 2023, up from 47% in 2022, highlighting the growing adoption of these services.

Companies in the ATMaaS market are increasingly focusing on advanced technologies, such as facial recognition-enabled cardless ATMs, to improve security and user experience. These ATMs authenticate users through facial biometrics instead of requiring a physical card or PIN, offering a more seamless and secure banking process. For instance, in October 2024, NCR Voyix Corporation, a US-based consulting and technology company, introduced ATMs with integrated facial recognition technology and a branch-in-a-box self-service solution. These innovations enable users to perform a variety of banking transactions independently, reduce reliance on branch staff, and streamline authentication. The launch demonstrates a strong focus on accelerating digital transformation in banking and meeting the rising demand for contactless, automated financial services.

In January 2024, Hitachi Payment Services Pvt. Ltd., an India-based integrated payment solutions company, acquired the cash management business of Writer Business Services Private Limited for an undisclosed amount. With this acquisition, Hitachi seeks to enhance its ATM-as-a-service offering by incorporating Writer’s extensive ATM cash replenishment and retail cash management network, expanding service coverage across thousands of touchpoints. Writer Business Services Private Limited is an India-based multi-business enterprise that delivers ATM cash replenishment and retail cash management services.

Major companies operating in the automated teller machine (atm) as a service market are Fujitsu Limited, Fiserv Inc., Fidelity National Information Services Inc., NextBranch LLC, NCR Voyix Corporation, Worldline SA, Diebold Nixdorf Incorporated., Euronet Worldwide Inc., Vocalink Limited, CMS Info Systems Limited, Hyosung TNS Inc., Cashlink Global Systems Private Limited, Hightech Payment Systems S.A., KAL ATM Software GmbH, Electronic Payment and Services Private Limited, Vakrangee Limited, SIS Prosegur Cash Management India Private Limited, Cash Transaction Systems Inc., Hitachi-Omron Terminal Solutions Corp., Quality Data Systems Inc.

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

The automated teller machine (ATM) as a service market includes revenues earned by entities through cash management, automated teller machine monitoring, software and hardware maintenance, transaction processing, and regulatory compliance support. 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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