Designed to make market research more actionable and strategically valuable, The Business Research Company’s 2026 market reports feature market attractiveness scoring, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, deeper supply chain intelligence, emerging startup tracking, and granular product-level insights.
Next-Gen ATM Market Revenue Expansion Outlook For The 2026–2030 Forecast Period
The next-gen atm market has experienced robust expansion in recent years. Projections indicate its size will increase from $3.49 billion in 2025 to $3.78 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 8.5%. Historically, this expansion was driven by factors such as the broadening of global ATM networks, a rise in demand for self-service banking options, the increasing circulation of cash in emerging economies, the implementation of fundamental ATM automation, and greater banking penetration.
The next-gen ATM market is projected to experience robust expansion over the coming years. Its valuation is anticipated to reach $5.39 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.3%. This projected expansion is driven by factors such as increased investments in smart ATM infrastructure, a growing need for secure and customized banking experiences, the spread of omni-channel banking approaches, increased use of AI-powered service automation, and a heightened emphasis on operational effectiveness. Key developments expected during this period include the wider deployment of contactless and cardless ATMs, a rise in the use of biometric authentication, greater integration of video banking capabilities, the extension of remote monitoring and predictive maintenance, and an improved focus on designing user-friendly interfaces.
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Next-Gen ATM Market Demand Driver: How It Is Shaping Industry Growth
An increase in contactless payment adoption is anticipated to drive the expansion of the next gen ATM market in the future. Contactless payments are defined as transactions made using cards or digital wallets, where users interact with a terminal by tapping or waving their device, eliminating the need for physical contact. This rise can be attributed to consumers increasingly preferring payment options that are quick, secure, and sanitary, thereby reducing reliance on cash and manual PIN input. Next gen ATMs facilitate this trend by integrating support for contactless cards and mobile wallets, allowing for faster and more convenient cash withdrawals, balance inquiries, and other transactions. As an illustration, in July 2024, data from the European Central Bank (ECB), a Germany-based central bank, indicated that during the second half of 2023, the volume of contactless card payments surged by 16% to 23.2 billion when contrasted with the second half of 2022. Concurrently, their total value escalated by 17.5% to €0.6 trillion, demonstrating substantial annual growth in contactless transaction activity. Consequently, the expanding use of contactless payments is a key factor propelling the expansion of the next gen ATM market.
Next-Gen ATM Market Segmentation Overview: Detailed Category Analysis
The next-gen atm market covered in this report is segmented –
1) By Type: Cash Dispensers, Deposit ATMs, Cash Recycling ATMs, Self-Service ATMs, Mobile ATMs
2) By Solutions: Deployment, Managed Services
3) By Technology: Contactless, Voice Recognition, Biometrics, Video Banking, AI (Artificial Intelligence) And IoT (Internet of Things) Integration
4) By Application: Bank Service Agent, Bank, Retail
Subsegments:
1) By Cash Dispensers: Basic Cash Dispensers, High-Volume Cash Dispensers
2) By Deposit ATMs: Envelope Deposit ATMs, Bulk Note Deposit ATMs
3) By Cash Recycling ATMs: Single-Cassette Recycling ATMs, Multi-Cassette Recycling ATMs
4) By Self-Service ATMs: Cardless Self-Service ATMs, Interactive Self-Service ATMs
5) By Mobile ATMs: Temporary Event ATMs, Mobile Banking ATMs
Top Next-Gen ATM Market Trends And Recent Industry Developments
Leading entities in the next-gen ATM market are developing innovative technologies, such as card-less cash withdrawals, to enhance their market share. Card-less cash withdrawals signify a method of accessing cash from an ATM without requiring a physical debit or credit card. For example, in September 2023, Hitachi Payment Services, a premier payment solutions provider based in India, introduced a UPI-enabled White Label ATM. The Hitachi Money Spot UPI ATM bolsters security by facilitating card-less cash withdrawals, providing a unified and secure user experience. It seeks to promote financial inclusion in areas with limited banking infrastructure and is built upon the Android OS platform. This UPI ATM marks a significant step in the transition to modern transaction processing and ATM management solutions, thereby contributing to the expansion of UPI transactions in India.
Next-Gen ATM Market Company Landscape: Key Players To Watch
Major companies operating in the next-gen atm market are NCR Corporation, Diebold Nixdorf Inc., Fujitsu Limited, OKI Electric Industry Co. Ltd., Hyosung Corporation, GRG Banking Equipment Co. Ltd., Euronet Worldwide Inc., Hitachi Ltd., Toshiba Corporation, IBM Corporation, Oracle Corporation, ACI Worldwide Inc., Glory Ltd., Nidec Corporation, Keba Group AG, Auriga S.p.A., Unisys Corporation, NEC Corporation, Cisco Systems Inc., SAP SE, Temenos AG
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Next-Gen ATM Market Region-Wise Analysis: Largest Regional Market Identified
North America was the largest region in the next-gen ATM market in 2025. The regions covered in the next-gen atm market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
