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Report

United States ATM Services Market Report and Forecast 2023-2028

Market Report I 2023-07-03 I 88 Pages I EMR Inc.

United States ATM Services Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the United States ATM services market reached a value of USD 7645.6 million in 2022. Aided by the rising demand for convenient banking solutions and the extensive applications of ATMs in an array of financial transaction, the market is projected to further grow at a CAGR of 2.1% between 2023 and 2028 to reach a value of USD 8,572.10 million by 2028.
ATMs, or Automated Teller Machines, are electronic banking outlets that permit customers to complete basic transactions without requiring a bank representative or teller. Anyone with a credit or debit card can access most ATMs. They serve pivotal functions such as cash withdrawals, balance inquiries, and fund transfers, among others. More advanced ATMs even cater to currency exchange, bill payments, and mobile top-ups.
The escalating demand for 24/7 banking access is a principal force steering the United States ATM services market expansion. In today's fast-paced society, consumers value efficiency and immediate access to their financial assets, thereby making ATMs an indispensable part of urban infrastructure. As digital banking proliferates, ATMs evolve by integrating more sophisticated technologies like biometrics, NFC (Near Field Communication), and QR code access, enhancing user experience and security measures.
Further, the advent of multifunctional ATMs, which incorporate more than just basic banking functionalities, demonstrates the diverse applicability of ATM services. These machines facilitate non-cash transactions, including check deposits with instant clearances, enabling users to receive real-time updates and perform a plethora of tasks seamlessly.
The tourism sector also plays a crucial role in bolstering the United States ATM services market growth. With the influx of tourists, the demand for readily available cash withdrawal services escalates, especially in major cities and tourist hotspots. Hence, ATMs located at strategic locations such as airports, shopping malls, and tourist attractions witness heightened activity.
Moreover, the growing number of unbanked and underbanked populations is expected to boost the United States ATM services market demand in the forecast period. These machines grant individuals access to essential banking services, thereby playing a role in financial inclusivity.
Furthermore, ATMs are likely to remain relevant due to their multifunctionality. Innovative service additions like cardless transactions using mobile integrations, biometric authentication, and even the ability to purchase cryptocurrency, showcase the adaptability of ATM services in the evolving financial landscape.
Market Segmentation
The market can be divided based on deployment, management, type, application, and region.
Market Breakup by Deployment
- Onsite ATMs
- Offsite ATMs
- Work Site ATMs
- Mobile ATMs
Market Breakup by Management
- ATM Management Services
- Managed Directly by Banks
Market Breakup by Type
- Multifunction ATMs
- Smart ATMs
- Cash Dispensers
Market Breakup by Application
- Withdrawals
- Transfers
- Deposits
- Others
Market Breakup by Region
- New England
- Mideast
- Great Lakes
- Plains
- Southeast
- Southwest
- Rocky Mountain
- Far West
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the United States ATM services companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- NCR Corporation
- Diebold Nixdorf, Incorporated
- FCTI, Inc.
- Hitachi Channel Solutions, Corp.
- Euronet Worldwide, Inc.
- Payment Alliance International
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 United States
6.2 Regional
7 Opportunities and Challenges in the Market
8 United States ATM Services Market Overview
8.1 Key Industry Highlights
8.2 United States ATM Services Historical Market (2018-2022)
8.3 United States ATM Services Market Forecast (2023-2028)
8.4 United States ATM Services Market by Deployment
8.4.1 Onsite ATMs
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Offsite ATMs
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Work Site ATMs
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Mobile ATMs
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
8.5 United States ATM Services Market by Management
8.5.1 ATM Management Services
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Managed Directly by Banks
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.6 United States ATM Services Market by Type
8.6.1 Multifunction ATMs
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Smart ATMs
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Cash Dispensers
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.7 United States ATM Services Market by Application
8.7.1 Withdrawals
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Transfers
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Deposits
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Others
8.8 United States ATM Services Market by Region
8.8.1 New England
8.8.2 Mideast
8.8.3 Great Lakes
8.8.4 Plains
8.8.5 Southeast
8.8.6 Southwest
8.8.7 Rocky Mountain
8.8.8 Far West
9 Regional Analysis
9.1 New England
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Mideast
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.3 Great Lakes
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.4 Plains
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.5 Southeast
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.6 Southwest
9.6.1 Historical Trend (2018-2022)
9.6.2 Forecast Trend (2023-2028)
9.7 Rocky Mountain
9.7.1 Historical Trend (2018-2022)
9.7.2 Forecast Trend (2023-2028)
9.8 Far West
9.8.1 Historical Trend (2018-2022)
9.8.2 Forecast Trend (2023-2028)
10 Technology Trends Analysis
10.1 Self Service ATMs
10.2 Deposit Automation and Recycling ATMs
10.3 Card-less ATM Transaction
10.4 Software Migration for ATMs
10.5 Crypto currency ATMs
10.6 Value-added Services
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 NCR Corporation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Diebold Nixdorf, Incorporated
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 FCTI, Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Hitachi Channel Solutions, Corp.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Euronet Worldwide, Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Payment Alliance International
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.5 Others
13 Key Trends and Developments in the Market

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