GITNUXREPORT 2025

Atm Industry Statistics

Global ATM industry expands rapidly, embracing contactless, security, and digital apps.

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

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Statistic 1

There are approximately 3.5 million ATMs operating worldwide as of 2023

Statistic 2

The United States hosts the largest number of ATMs, with over 300,000 machines

Statistic 3

Approximately 80% of banking transactions are still performed via ATMs

Statistic 4

ATM usage in urban areas accounts for about 65% of total transactions

Statistic 5

The number of ATMs in Africa increased by 22% from 2020 to 2023

Statistic 6

The percentage of cash transactions in the US has decreased from 70% in 2018 to 53% in 2023

Statistic 7

60% of ATM cash withdrawals are made using debit cards

Statistic 8

About 25% of ATMs worldwide are located in convenience stores or supermarkets

Statistic 9

Near-field communication (NFC) technology is being integrated into 15% of new ATMs in 2023

Statistic 10

The rate of ATM redeployment in new locations has increased by 10% in 2023, reflecting industry expansion efforts

Statistic 11

The majority of ATM card skimming devices are now installed in less supervised locations, increasing fraud risks

Statistic 12

Asia-Pacific accounts for nearly 40% of the global ATM installations, making it the fastest-growing region

Statistic 13

The percentage of ATMs with multilingual interfaces increased to 30% in 2023, aiding accessibility

Statistic 14

Contactless card payments at ATMs are now used in over 25% of transactions, reflecting a shift toward touchless technology

Statistic 15

The proportion of ATMs located in healthcare settings, like hospitals and clinics, reached 15% in 2023, supporting specialized financial services

Statistic 16

In 2023, over 90% of new ATMs installed worldwide supported EMV chip card technology, ensuring higher security

Statistic 17

India has seen a 150% increase in ATM installations over the past five years

Statistic 18

The global ATM market size was valued at approximately USD 16 billion in 2022

Statistic 19

The number of cash withdrawals at ATMs worldwide exceeds 70 billion annually

Statistic 20

Contactless ATM transactions grew by over 30% in 2023

Statistic 21

The average cash withdrawal per ATM per month is approximately USD 15,000

Statistic 22

ATM transaction volume in Europe increased by 12% year-over-year in 2023

Statistic 23

ATM fraud losses globally are estimated at around USD 1.5 billion annually

Statistic 24

Biometric authentication at ATMs has increased by over 25% in 2023 compared to 2022

Statistic 25

Nearly 45% of ATM transactions are now performed outside banking hours

Statistic 26

Bank branches have seen a 35% decline in foot traffic since 2018, whereas ATM usage has increased by 10% in the same period

Statistic 27

The average number of transactions per ATM per month is approximately 300

Statistic 28

The adoption of smart ATMs equipped with advanced features increased by 40% in 2023

Statistic 29

The global contactless ATM market is projected to reach USD 8 billion by 2025

Statistic 30

The ATM industry employment in the US accounts for approximately 50,000 jobs

Statistic 31

Global ATM cash withdrawal transactions are projected to grow at a CAGR of 4% from 2023 to 2028

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The number of unattended ATMs (white-label or non-bank) increased by 18% between 2020 and 2023

Statistic 33

The global ATM network value is estimated to be worth over USD 50 billion

Statistic 34

In 2022, the average ATM cash storage capacity was about USD 200,000

Statistic 35

Mobile ATM services grew by 20% in 2023, especially in rural and underserved areas

Statistic 36

The use of cryptocurrency ATMs increased by 60% in 2023, driven by rising interest in digital assets

Statistic 37

The percentage of refillable ATM cartridges that are recycled annually exceeds 70%, supporting environmental sustainability

Statistic 38

By 2025, it's projected there will be over 4 million ATMs worldwide, indicating continued industry growth

Statistic 39

The average number of ATM transactions per user per year is approximately 35, indicating high fragmentary usage

Statistic 40

Malaysia and Indonesia are among the fastest-growing ATM markets in Southeast Asia, with growth rates exceeding 18% annually

Statistic 41

The average ATM purchase amount in the Asia-Pacific region is around USD 80, lower than in North America, where it exceeds USD 100, reflecting regional spending habits

Statistic 42

Digital remittance services integrated with ATM networks grew by 40% in 2023, expanding access to cross-border payments

Statistic 43

The average lifespan of an ATM is about 7 years

Statistic 44

ATM deployment costs range from USD 10,000 to USD 30,000 per machine, depending on features

Statistic 45

The majority of ATM cash replenishments are performed during nighttime hours to minimize disruption

Statistic 46

ATM cash replenishment costs worldwide are estimated at USD 4 billion annually

Statistic 47

ATM cash recycling solutions are estimated to reduce cash handling costs by up to 50%

Statistic 48

The average transaction time at an ATM is approximately 35 seconds

Statistic 49

ATM maintenance and servicing costs contribute approximately 15% to the total operational costs of ATMs

Statistic 50

ATM cash recycling reduces the need for manual cash handling, decreasing labor costs by an estimated 20-30%

Statistic 51

The average downtime for maintenance or repairs of an ATM is approximately 2.5 hours per incident, impacting customer service

Statistic 52

Over 60% of ATM cash collections are now automated, reducing manual effort and increasing efficiency

Statistic 53

About 55% of ATM frauds in recent years involve card skimming devices

Statistic 54

The use of video surveillance at ATMs has increased by 25% in 2023 to prevent fraud

Statistic 55

The use of AI for fraud detection at ATMs increased by 35% in 2023, enhancing security measures

Statistic 56

ATM fraud detection systems with real-time alerts have reduced successful fraud attempts by 25%

Statistic 57

The growth of the ATM industry has led to an increase in ATM-related patents, with over 2,500 filed globally in 2023

Statistic 58

The number of ATMs with built-in maintenance diagnostics increased by 20% in 2023, enabling faster servicing

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Sources

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Key Highlights

There are approximately 3.5 million ATMs operating worldwide as of 2023
The United States hosts the largest number of ATMs, with over 300,000 machines
India has seen a 150% increase in ATM installations over the past five years
The average lifespan of an ATM is about 7 years
The global ATM market size was valued at approximately USD 16 billion in 2022
Approximately 80% of banking transactions are still performed via ATMs
The number of cash withdrawals at ATMs worldwide exceeds 70 billion annually
ATM usage in urban areas accounts for about 65% of total transactions
Contactless ATM transactions grew by over 30% in 2023
The average cash withdrawal per ATM per month is approximately USD 15,000
ATM transaction volume in Europe increased by 12% year-over-year in 2023
The number of ATMs in Africa increased by 22% from 2020 to 2023
The percentage of cash transactions in the US has decreased from 70% in 2018 to 53% in 2023

The ATM industry is undergoing a dynamic transformation in 2023, with over 3.5 million machines worldwide—driving a trillion-dollar market while embracing innovations like contactless payments, biometric security, and digital remittance to meet evolving customer demands and combat rising fraud risks.

Market Penetration and Geographic Distribution

There are approximately 3.5 million ATMs operating worldwide as of 2023
The United States hosts the largest number of ATMs, with over 300,000 machines
Approximately 80% of banking transactions are still performed via ATMs
ATM usage in urban areas accounts for about 65% of total transactions
The number of ATMs in Africa increased by 22% from 2020 to 2023
The percentage of cash transactions in the US has decreased from 70% in 2018 to 53% in 2023
60% of ATM cash withdrawals are made using debit cards
About 25% of ATMs worldwide are located in convenience stores or supermarkets
Near-field communication (NFC) technology is being integrated into 15% of new ATMs in 2023
The rate of ATM redeployment in new locations has increased by 10% in 2023, reflecting industry expansion efforts
The majority of ATM card skimming devices are now installed in less supervised locations, increasing fraud risks
Asia-Pacific accounts for nearly 40% of the global ATM installations, making it the fastest-growing region
The percentage of ATMs with multilingual interfaces increased to 30% in 2023, aiding accessibility
Contactless card payments at ATMs are now used in over 25% of transactions, reflecting a shift toward touchless technology
The proportion of ATMs located in healthcare settings, like hospitals and clinics, reached 15% in 2023, supporting specialized financial services
In 2023, over 90% of new ATMs installed worldwide supported EMV chip card technology, ensuring higher security

Market Penetration and Geographic Distribution Interpretation

With over 3.5 million ATMs worldwide—predominantly in the US and Asia-Pacific—banking is becoming increasingly cashless and contactless, yet the industry's expansion into convenience stores, multilingual interfaces, and NFC tech signals a cash machine renaissance—albeit shadowed by growing fraud risks in less supervised spots.

Market Size and Growth Metrics

India has seen a 150% increase in ATM installations over the past five years
The global ATM market size was valued at approximately USD 16 billion in 2022
The number of cash withdrawals at ATMs worldwide exceeds 70 billion annually
Contactless ATM transactions grew by over 30% in 2023
The average cash withdrawal per ATM per month is approximately USD 15,000
ATM transaction volume in Europe increased by 12% year-over-year in 2023
ATM fraud losses globally are estimated at around USD 1.5 billion annually
Biometric authentication at ATMs has increased by over 25% in 2023 compared to 2022
Nearly 45% of ATM transactions are now performed outside banking hours
Bank branches have seen a 35% decline in foot traffic since 2018, whereas ATM usage has increased by 10% in the same period
The average number of transactions per ATM per month is approximately 300
The adoption of smart ATMs equipped with advanced features increased by 40% in 2023
The global contactless ATM market is projected to reach USD 8 billion by 2025
The ATM industry employment in the US accounts for approximately 50,000 jobs
Global ATM cash withdrawal transactions are projected to grow at a CAGR of 4% from 2023 to 2028
The number of unattended ATMs (white-label or non-bank) increased by 18% between 2020 and 2023
The global ATM network value is estimated to be worth over USD 50 billion
In 2022, the average ATM cash storage capacity was about USD 200,000
Mobile ATM services grew by 20% in 2023, especially in rural and underserved areas
The use of cryptocurrency ATMs increased by 60% in 2023, driven by rising interest in digital assets
The percentage of refillable ATM cartridges that are recycled annually exceeds 70%, supporting environmental sustainability
By 2025, it's projected there will be over 4 million ATMs worldwide, indicating continued industry growth
The average number of ATM transactions per user per year is approximately 35, indicating high fragmentary usage
Malaysia and Indonesia are among the fastest-growing ATM markets in Southeast Asia, with growth rates exceeding 18% annually
The average ATM purchase amount in the Asia-Pacific region is around USD 80, lower than in North America, where it exceeds USD 100, reflecting regional spending habits
Digital remittance services integrated with ATM networks grew by 40% in 2023, expanding access to cross-border payments

Market Size and Growth Metrics Interpretation

With a 150% surge in ATM installations and innovative features like contactless and biometric authentication, the industry reveals a cash-driven world that’s not just growing but also adapting rapidly, yet faces threats from fraud losses and a decline in bank branch foot traffic—showing that in the evolving financial landscape, convenience and security are both priceless.

Operational Costs, Maintenance, and Efficiency

The average lifespan of an ATM is about 7 years
ATM deployment costs range from USD 10,000 to USD 30,000 per machine, depending on features
The majority of ATM cash replenishments are performed during nighttime hours to minimize disruption
ATM cash replenishment costs worldwide are estimated at USD 4 billion annually
ATM cash recycling solutions are estimated to reduce cash handling costs by up to 50%
The average transaction time at an ATM is approximately 35 seconds
ATM maintenance and servicing costs contribute approximately 15% to the total operational costs of ATMs
ATM cash recycling reduces the need for manual cash handling, decreasing labor costs by an estimated 20-30%
The average downtime for maintenance or repairs of an ATM is approximately 2.5 hours per incident, impacting customer service
Over 60% of ATM cash collections are now automated, reducing manual effort and increasing efficiency

Operational Costs, Maintenance, and Efficiency Interpretation

With an average lifespan of seven years and a hefty upfront cost of up to $30,000 per machine, the ATM industry is balancing hefty investments and maintenance costs—averaging 15%—against savings from cash recycling and automation that cut labor costs by as much as 30%, all while managing a critical 2.5-hour downtime that underscores the importance of reliable, efficient service in an industry where quick 35-second transactions and 60% automation are becoming the new standards.

Security, Fraud Prevention, and Compliance

About 55% of ATM frauds in recent years involve card skimming devices
The use of video surveillance at ATMs has increased by 25% in 2023 to prevent fraud
The use of AI for fraud detection at ATMs increased by 35% in 2023, enhancing security measures
ATM fraud detection systems with real-time alerts have reduced successful fraud attempts by 25%

Security, Fraud Prevention, and Compliance Interpretation

As ATM fraudsters sharpen their tools with card skimming, banks counter with sharper eyes via increased surveillance, AI, and real-time alerts—proving that in the battle of wits, technology is becoming the most vigilant guardian of our cash.

Technological Innovations and Features

The growth of the ATM industry has led to an increase in ATM-related patents, with over 2,500 filed globally in 2023
The number of ATMs with built-in maintenance diagnostics increased by 20% in 2023, enabling faster servicing

Technological Innovations and Features Interpretation

The rapid innovation in ATM technology, reflected by over 2,500 patents filed worldwide and a 20% surge in self-diagnostic machines, suggests that cash still speaks — but now it’s whispering from smarter, more self-sufficient machines.