SAN JOSE, Calif. — Roughly 1.65 million ATMs worldwide make up what is essentially a saturated market for the popular banking machines, according to a report from Global Industry Analysts, a market research firm.
"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.
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