SAN JOSE, Calif. — A report from a market research firm called Global Industry Analysts has estimated that the global ATM market is saturated at 1.65 million of the machines.

"Automated Teller Machines: A Global Strategic Business Report," estimated that ATM sales in mature ATM markets in the U.S., Europe and Japan will likely come from replacing older machines or upgrading to machines with newer technology. Deployments of machines in new locations are likely to decline year over year, the report found.

Growth potential for new deployments will come from emerging markets in the Asia-Pacific, Middle-East and Latin America regions, the report said.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.