Next-Gen ATM Market Report 2026

Next-Gen ATM Market Overview

• Next-Gen ATM market size has reached to $3.49 billion in 2025 • Expected to grow to $5.39 billion in 2030 at a compound annual growth rate (CAGR) of 9.3% • Growth Driver: The Growth In Contactless Payments Fueling The Growth Of The Market Due To Rising Consumer Preference For Digital Transactions • Market Trend: Pioneer Groundbreaking Technologies In The Next-Gen Atm Market • North America was the largest region in 2025.

What Is Covered Under Next-Gen ATM Market?

A next-gen ATM is an updated and more advanced version of the traditional ATM. These ATMs are designed to provide a more personalized and streamlined user experience, with features including streamlined user experience or user interface designs, updated and customized functionality, remote maintenance, and management. The main types of next-gen ATMs are cash dispensers, deposit ATMs, cash recycling ATMs, self-service ATMs, self-service kiosks, mobile ATMs, and others. A cash dispenser is a device integrated into the walls of a bank or other establishment that enables customers to withdraw cash using a unique card. Deployment and managed services can be provided by using contactless, voice recognition, biometrics, video banking, AI (artificial intelligence), and IoT (internet of things) integration applications for a bank service agent, bank, retail, and enterprise applications.

What Is The Next-Gen ATM Market Growth Forecast?

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.

Global Next-Gen ATM Market Segmentation

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

What Is The Driver Of The Next-Gen ATM Market?

The growing contactless payments is expected to propel the growth of the next gen ATM market going forward. Contactless payments refer to card-based or digital wallet transactions that users complete by tapping or waving their payment device near a terminal without physical contact. The rise in contactless payments is due to increasing consumer preference for fast, secure, and hygienic payment methods that reduce the need for cash handling and physical PIN entry. Next gen ATMs support this trend by incorporating contactless card and mobile wallet acceptance, enabling users to withdraw cash, check balances, and conduct transactions more quickly and conveniently. For instance, in July 2024, according to the European Central Bank (ECB), a Germany-based central bank, in the second half of 2023, the number of contactless card payments increased by 16% to 23.2 billion compared with the second half of 2022, with total value rising by 17.5% to €0.6 trillion, reflecting strong year-on-year growth in contactless transactions. Therefore, the growing contactless payments is driving the growth of the next gen ATM market.

Key Players In The Global Next-Gen ATM Market

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

Global Next-Gen ATM Market Trends and Insights

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.

What Are Latest Mergers And Acquisitions In The Next-Gen ATM Market?

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.

Regional Outlook

North America was the largest region in the next-gen ATM market in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Next-Gen ATM Market?

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.

How is Market Value Defined and Measured?

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.

What Key Data and Analysis Are Included in the Next-Gen ATM Market Report 2026?

The next-gen atm market research report is one of a series of new reports from The Business Research Company that provides market statistics, including Market Report 2026?global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the next-gen atm Market Report 2026? The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the Market Report 2026?