ATM Market Size, Share & Trends Report

ATM Market Size, Share & Trends Analysis Report By Solution (Managed Services, Deployment), By Region, And Segment Forecasts, 2016 - 2022

  • Published Date: May, 2016
  • Base Year for Estimate: 2015
  • Report ID: 978-1-68038-651-6
  • Format: Electronic (PDF)
  • Historical Data: 2013-2015
  • Number of Pages: 71

Report Overview

The global ATM market size was valued at over USD 11.0 billion in 2014. Increasing demand for automated systems, in developing countries, is expected to influence the installation base over the forecast period. Additionally, factors such as enhanced security standards, technological advancements, and integration of wireless communication devices such as smartphones are anticipated to spur growth. This is mainly since the integration has resulted in reduced frauds, and has provided diverse service offerings in financial transactions.

Europe ATM market by solution, 2012 - 2022 (USD Million)

Europe ATM market

Online cash transfers and another mode of cash transactions are expected to pose a challenge to growth. However, increasing usage of solar-powered machinery reducing the overall cost leading to minimal operational cost is anticipated to boost ATM market demand.

The introduction of the smart and solar ATMs in developing countries such as China, India, and Japan are anticipated to enhance growth opportunities. These technologies enable financial transactions over wireless network or devices at customer convenience.

Solution Insights

The industry can be categorized by solution into deployment and managed services. ATM deployment solutions market accounted for over 70% of the overall industry in 2014 and is expected to lose share over the next few years. This segment comprises installed machines on the basis of accessibility into onsite, offsite, worksite, and mobile.

Deployment has facilitated the 24/7 availability of banking services for the customers. The increase in installation base and maintenance activities has impacted the revenue generation drastically.

Onsite machines are set up on the premises of the bank where both machines and physical bank branch can be used. These machines reduce the work pressure of bank staffs by avoiding long queues in bank premises for transfers, withdrawals, and cash deposits. It reduces probability causing errors allowing banks to have smooth financial transactions. The foreseen factors are estimated to drive onsite machinery demand.

Mobile ATMs are expected to observe substantial growth with a CAGR of over 13% from 2015 to 2022. These solutions are introduced in order to reduce the traffic at high-volume locations such as social gathering, trade fair, sports events. They provide flexibility and enhances branding &promotions for the institutions.

Managed services allow financial institutions to move their non-core activities to a specialized and trained service provider and concentrate on their core financial businesses. Various industry participants such as NCR, Wincor, and Diebold provide managed services at low costs. Managed services contribute significantly towards strengthening the infrastructure for multichannel delivery for better customer retention, acquisition, and cross-selling opportunities. Outsourcing the managed services to a service provider offers various benefits such as reduced operational and infrastructure investment costs, improved operational profits, compliance with new regulatory policies, and simplified network operations and services.

Regional Insights

North America ATM market accounted for over 35% of the overall share in 2014. Europe and North America are anticipated to witness slow growth rate owing to the saturation in the industry. Increasing operational costs in the U.S. have led the service providers to adopt other solutions.

However, MEA and Asia Pacific are expected to exhibit substantial growth over the forecast period owing to increasing demand for interactive machines. Over a million ATMs are estimated to be installed across the globe, with over 800,000 of these in Asia Pacific. Need to serve vast unbanked populations across countries such as India and China as well as developing markets across Indonesia and Vietnam is anticipated to drive the industry demand across this region. Further, countries such as Brazil, Nigeria, Russia, and Iran are projected to witness strong demand for new machines.

Middle East and Africa is also anticipated to witness enormous growth owing to the cash-based economy which is coupled with high consumer demand and government support for electronic banking.

Key Companies & Market Share Insights

Companies dominating ATM market share include Diebold Inc., NCR Corporation, Wincor Nixdorf, and Nautilus Hyosung. The industry has witnessed a rise in demand due to the consumerization of IT in workplaces as consumers use multi-function devices for work purposes. Therefore, suppliers, as well as manufacturers, focus more on developing multi-function devices to meet the evolving consumer taste and preferences. Companies have been focusing on providing additional benefits of improving customer service, freeing up shelf space, realizing cost savings, and adding operational efficiencies.

Other leading players include Euronet Worldwide, Fujitsu, Trinton Systems of Delaware LLC, HESS Terminal Solutions GmbH & Co., Hitachi-Omron Terminal Solutions Corporation, and GRG Banking.

ATM Market Report Scope

Report Attribute


Market size value in 2020

USD 21.1 billion

Revenue forecast in 2022

USD 24.9 billion

Growth Rate

CAGR of 10.1% from 2016 to 2022

Base year for estimation


Historical data

2013 - 2015

Forecast period

2016 - 2022

Quantitative units

Revenue in USD million/billion and CAGR from 2016 to 2022

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Solution, region

Regional scope

North America; Europe; Asia Pacific; Rest of the World

Key companies profiled

Diebold Nixdorf, Incorporated.; NCR Corporation; Euronet Worldwide; HYOSUNG TNS

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options


Frequently Asked Questions About This Report

Pricing & Purchase Options

Service Guarantee

  • Insured Buying

    This report has a service guarantee. We stand by our report quality.

  • Confidentiality

    We are in compliance with GDPR & CCPR norms. All interactions are confidential.

  • Custom research service

    Design an exclusive study to serve your research needs.

  • 24/5 Research support

    Get your queries resolved from an industry expert.

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities