Next-Gen ATM Market Report 2026

The next-gen atm market size has grown strongly in recent years. It will grow from $3.49 billion in 2025 to $3.78 billion in 2026 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to expansion of global atm networks, increasing demand for self-service banking, growth of cash circulation in developing regions, adoption of basic atm automation, rising banking penetration.

The next-gen atm market size is expected to see strong growth in the next few years. It will grow to $5.39 billion in 2030 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to increasing investments in smart atm infrastructure, rising demand for secure and personalized banking experiences, expansion of omni-channel banking strategies, increasing adoption of ai-enabled service automation, growing focus on operational efficiency. Major trends in the forecast period include increasing deployment of contactless and cardless atms, rising adoption of biometric authentication systems, growing integration of video banking features, expansion of remote monitoring and predictive maintenance, enhanced focus on user-centric interface design.

The increasing adoption of contactless payments is expected to drive the growth of the next-generation ATM market going forward. Contactless payments are card-based or digital wallet transactions completed by tapping or waving a payment device near a terminal without physical contact. The growth in contactless payments is driven by rising consumer preference for fast, secure, and hygienic payment options that minimize cash handling and eliminate the need for physical PIN entry. Next-generation ATMs support this shift by integrating contactless card and mobile wallet functionality, allowing users to withdraw cash, view balances, and perform transactions more quickly and conveniently. For instance, in July 2024, according to the European Central Bank (ECB), a Germany-based central bank, during the second half of 2023, the number of contactless card payments rose by 16% to 23.2 billion compared with the same period in 2022, while total transaction value increased by 17.5% to €0.6 trillion, highlighting strong year-on-year growth in contactless usage. Therefore, the growing adoption of contactless payments is driving the growth of the next-generation ATM market.

Major players in the next-gen ATM market are creating revolutionary technologies such as card-less cash withdrawals to improve their market share. card-less cash withdrawals. Cardless cash withdrawals refer to a method of accessing the cash without using a physical debit or credit card at an ATM. For instance, in September 2023, Hitachi Payment Services, an India-based premier payment solutions provider, launched UPI-enabled White Label ATM. The Hitachi Money Spot UPI ATM enhances security by enabling card-less cash withdrawals, offering a unified and secure user experience. It aims to promote financial inclusion in areas with limited banking infrastructure and is built on the Android OS platform. The UPI ATM is a milestone in transitioning to modern transaction processing and ATM management solutions, contributing to the growth of UPI transactions in India.

In May 2024, Gallant Capital Partners, a US-based private equity firm, acquired Fime for an undisclosed amount. With an acquisition, Gallant Capital Partners typically aims to enhance the growth potential of the target company, leverage synergies, improve operational efficiency, or expand into new markets. Fime is a France-based consulting and testing company that specializes in payment systems and secure transaction technologies.

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.

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. The countries covered in the next-gen atm market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The next-gen ATM market consists of revenues earned by entities by providing services such as mobile integrations, remote maintenance and management, and personalized functionality. The market value includes the value of related goods sold by the service provider or included within the service offering. The next-gen ATM market also includes sales of solar-powered ATMs, self-cashed or fully serviced ATMs, smart ATMs, free-standing ATMs, through-the-wall ATMs power switches, security cameras, panic alarms, and radio frequency identification (RFID) access gates, which are used in providing next-gen ATM services. 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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