
Global Automated Teller Machine Market Insights, Size, and Forecast By Type (Cash Dispenser, Multi-Function ATM, Envelope Deposit Machine, Smart ATM), By Service (Maintenance Services, Installation Services, Managed Services), By End User (Banks, Financial Institutions, Retail Outlets, Others), By Deployment (On-Premise, Off-Premise, Virtual ATM), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Key Companies, Competitive Analysis, Trends, and Projections for 2026-2035
Key Market Insights
Global Automated Teller Machine Market is projected to grow from USD 24.8 Billion in 2025 to USD 37.1 Billion by 2035, reflecting a compound annual growth rate of 4.7% from 2026 through 2035. The Automated Teller Machine ATM market encompasses the manufacturing, deployment, and servicing of self service banking terminals that enable customers to perform various financial transactions without direct human assistance. This includes cash withdrawals, deposits, balance inquiries, fund transfers, and bill payments. The market is driven by several factors, including the continued demand for convenient access to cash, particularly in emerging economies, and the ongoing modernization of banking infrastructure. The increasing adoption of advanced ATM functionalities like biometric authentication, contactless payments, and cryptocurrency transactions is also fueling market expansion. Furthermore, the push for financial inclusion globally, especially in underserved rural areas, necessitates the deployment of more ATMs. Despite the rise of digital payment methods, the foundational role of cash in daily transactions, particularly for small value purchases and in regions with limited digital infrastructure, sustains the ATM market.
Global Automated Teller Machine Market Value (USD Billion) Analysis, 2025-2035

2025 - 2035
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Key trends shaping the ATM market include the shift towards more sophisticated, software driven ATMs capable of integrating with various digital platforms. There is a growing emphasis on smart ATMs that offer a broader range of services beyond traditional cash transactions, essentially acting as mini bank branches. The increasing demand for enhanced security features to combat fraud, such as advanced encryption and anti skimming technologies, is another significant trend. Furthermore, the adoption of managed services and outsourcing for ATM operations is gaining traction among financial institutions to reduce operational costs and improve efficiency. However, the market faces restraints from the accelerating shift towards digital payments and mobile banking, which could potentially reduce the frequency of ATM usage in developed regions. The high initial investment and ongoing maintenance costs associated with ATM deployment and management also pose challenges, particularly for smaller financial institutions. Regulatory complexities and the evolving landscape of payment security also present hurdles for market participants.
Despite these challenges, significant opportunities lie in the development of next generation ATMs that offer personalized banking experiences and integrate seamlessly with omnichannel banking strategies. Expanding into new geographical markets, particularly in developing countries with low ATM penetration, represents a lucrative opportunity. The demand for specialized ATMs catering to specific needs, such as multi currency ATMs for tourism hotspots or ATMs offering microfinance services in rural areas, is also on the rise. Asia Pacific dominates the global ATM market due to its large population, rapid economic growth, increasing financial inclusion initiatives, and the ongoing expansion of banking services across the region. This region is also projected to be the fastest growing due to a combination of urbanization, rising disposable incomes, and the continued need for cash access in rapidly evolving economies. Key players like Diebold Nixdorf, Wincor Nixdorf, Innovonics, Hitachi, Hyosung, Fujitsu, Keba, Nexxo, NCR, and RBR are actively investing in R&D to introduce innovative ATM solutions and expand their service offerings to cater to the evolving demands of the global banking sector. These companies are focusing on partnerships and acquisitions to strengthen their market position and enhance their technological capabilities. The On Premise segment leads the market, indicating the continued preference for ATMs directly located within bank branches and dedicated ATM kiosks for security and customer convenience.
Quick Stats
Market Size (2025):
USD 24.8 BillionProjected Market Size (2035):
USD 37.1 BillionLeading Segment:
On-Premise (62.8% Share)Dominant Region (2025):
Asia Pacific (41.2% Share)CAGR (2026-2035):
4.7%
What is Automated Teller Machine?
An Automated Teller Machine is an electronic telecommunications device enabling customers of financial institutions to perform transactions without human tellers. It essentially functions as a self-service banking terminal, providing access to accounts for cash withdrawals, deposits, balance inquiries, and fund transfers. Its core concept revolves around convenience and automation, allowing 24/7 access to basic banking services. This technology revolutionized personal banking by increasing accessibility and reducing the need for in person branch visits, significantly impacting financial accessibility and the efficiency of banking operations globally.
What are the Trends in Global Automated Teller Machine Market
Biometric Authentication Redefining ATM Security
Contactless Withdrawals Driving Convenience
AI Powered Personalization Enhancing User Experience
ATMs as Multifunctional Financial Hubs
Sustainable ATM Operations Gaining Traction
Biometric Authentication Redefining ATM Security
Biometric authentication is fundamentally reshaping ATM security, moving beyond traditional card and PIN systems. This trend reflects a global imperative to counter evolving fraud techniques and enhance user experience. Fingerprint, iris, and facial recognition technologies are increasingly integrated into ATMs, offering a more robust and personalized layer of protection. This innovation significantly reduces the risk of card skimming, shoulder surfing, and identity theft. Customers benefit from faster, keyless transactions, while banks gain a substantial improvement in transaction integrity and auditability. The shift towards biometrics at ATMs highlights a broader industry movement towards seamless, secure, and user centric financial services, prioritizing fraud prevention and customer confidence above all else.
Contactless Withdrawals Driving Convenience
Contactless withdrawals are transforming the global ATM market by prioritizing user convenience and safety. Customers increasingly prefer technologies like NFC and QR codes, allowing them to initiate transactions with a tap of their smartphone or a quick scan, eliminating physical card interaction. This trend reduces surface contact, enhancing hygiene and security by minimizing card skimming risks. The streamlined process is faster and more intuitive, aligning with modern consumer demands for frictionless experiences. ATMs are being upgraded to support these capabilities, enabling users to pre stage withdrawals via banking apps, further enhancing speed and control. This shift underscores a broader industry move towards digital integration and touchless technologies, making ATM usage simpler, safer, and more efficient for a global user base.
What are the Key Drivers Shaping the Global Automated Teller Machine Market
Rising Demand for Self-Service Banking Solutions
Technological Advancements in ATM Features and Security
Expansion of Financial Inclusion Initiatives Globally
Increased Deployment of Cash-Recycling ATMs
Growth in Contactless Payment and Cardless Withdrawal Options
Rising Demand for Self-Service Banking Solutions
Rising demand for self service banking solutions is a key driver in the global automated teller machine market. Consumers increasingly prefer convenient and accessible banking options that empower them to manage their finances independently without needing human assistance. ATMs directly address this preference by offering a wide array of services such as cash withdrawals deposits fund transfers bill payments and balance inquiries available around the clock. This shift toward autonomy is driven by busy lifestyles technological familiarity and a desire for efficiency. Financial institutions are responding by expanding their ATM networks and integrating advanced functionalities to meet these evolving customer expectations further stimulating market growth for these automated solutions.
Technological Advancements in ATM Features and Security
Technological advancements significantly propel the global automated teller machine market. Innovations in ATM features are enhancing user experience and expanding functionality. Contactless transaction capabilities, like NFC and QR code integration, offer speed and convenience. Biometric authentication, including fingerprint and iris recognition, is dramatically improving security and reducing fraud. Furthermore, advanced software allows for personalized banking services, such as tailored product offerings and instant loan applications. Sophisticated analytics empower financial institutions to understand customer behavior better, leading to more efficient ATM placement and service delivery. These continuous improvements in both features and security are making ATMs more attractive and indispensable for consumers worldwide, fueling their adoption.
Expansion of Financial Inclusion Initiatives Globally
The global expansion of financial inclusion initiatives is a key driver for the Automated Teller Machine ATM market. Efforts to provide banking services to unbanked and underbanked populations worldwide are creating a demand for accessible financial infrastructure. Governments and financial institutions are promoting the use of ATMs as a crucial channel for cash withdrawals deposits and other essential transactions in areas where traditional bank branches are scarce. This push to bring more people into the formal financial system directly translates into increased deployment and utilization of ATMs especially in emerging economies and rural areas. ATMs offer a convenient and cost effective way to reach underserved communities fostering economic participation and driving the growth of the ATM market.
Global Automated Teller Machine Market Restraints
Rising Cybersecurity Threats and Data Breaches
Rising cybersecurity threats and data breaches act as a significant restraint in the global automated teller machine market. As cyberattacks grow in sophistication, the risk of financial fraud, identity theft, and compromise of sensitive customer data intensifies. This necessitates substantial investment by financial institutions in robust security measures, including advanced encryption, multifactor authentication, and continuous threat monitoring for their ATM networks. These increased operational costs for security upgrades and compliance with stringent data protection regulations directly impact the profitability and deployment strategies for new ATMs. Furthermore, public perception of security vulnerabilities can erode trust in ATM transactions, potentially leading customers to favor alternative digital payment methods. The constant need to combat evolving cyber threats adds complexity and financial burden, hindering market expansion despite the ongoing demand for ATM services.
High Initial Investment and Maintenance Costs
High initial investment and maintenance costs significantly restrain the global automated teller machine market. Deploying new ATMs involves substantial capital expenditure for hardware, software integration, security features, and installation. This acts as a barrier for financial institutions, especially smaller ones or those in developing regions, to expand their ATM networks. Beyond the upfront costs, ongoing operational expenses further challenge market growth. These include regular maintenance, security upgrades, software licensing, cash replenishment logistics, and power consumption. These continuous expenditures impact profitability and deter new deployments, compelling banks to carefully evaluate the return on investment for each ATM, potentially slowing the overall expansion and modernization of the ATM infrastructure globally.
Global Automated Teller Machine Market Opportunities
Biometric & Contactless ATMs: Enhancing Security and User Experience
The global ATM market offers a compelling opportunity to integrate biometric and contactless technologies, significantly elevating both security and user experience. Biometric authentication, utilizing fingerprint, facial, or iris recognition, provides robust protection against card fraud and skimming, fostering greater customer trust and safeguarding transactions. This advanced security measure drastically reduces vulnerabilities inherent in traditional PIN based systems.
Concurrently, contactless capabilities, such as tap and go card or smartphone transactions, revolutionize user convenience. Customers enjoy faster, more hygienic interactions without physical contact, streamlining cash withdrawals and other banking services. This modernization caters to evolving consumer demands for secure, swift, and intuitive self service banking. Embracing these innovations allows financial institutions to differentiate their offerings, enhance operational efficiency, and meet the growing expectations for cutting edge, user friendly financial access across all regions.
ATM as a Digital Financial Hub: Expanding Beyond Cash for Comprehensive Banking Services
The global ATM market offers a compelling opportunity by transforming Automated Teller Machines into dynamic digital financial hubs, extending capabilities far beyond basic cash transactions. This strategic evolution allows ATMs to provide a comprehensive suite of banking services, including bill payments, utility services, digital account opening, loan applications, and person to person fund transfers. Such expansion addresses the growing consumer demand for accessible and diverse financial solutions, particularly crucial in fast growing regions like Asia Pacific, where financial inclusion is paramount. Integrating advanced technologies like biometrics and video conferencing enables ATMs to deliver personalized customer experiences and remote advisory services. This shift enhances convenience for users, reduces operational costs for financial institutions, and significantly extends banking reach into previously underserved communities. The core opportunity lies in leveraging existing ATM infrastructure to seamlessly blend traditional and digital banking, positioning ATMs as essential touchpoints within a connected financial ecosystem. This broadens their utility, ensures their sustained relevance, and drives innovation.
Global Automated Teller Machine Market Segmentation Analysis
Key Market Segments
By Type
- •Cash Dispenser
- •Multi-Function ATM
- •Envelope Deposit Machine
- •Smart ATM
By Deployment
- •On-Premise
- •Off-Premise
- •Virtual ATM
By End User
- •Banks
- •Financial Institutions
- •Retail Outlets
- •Others
By Service
- •Maintenance Services
- •Installation Services
- •Managed Services
Segment Share By Type
Share, By Type, 2025 (%)
- Cash Dispenser
- Multi-Function ATM
- Envelope Deposit Machine
- Smart ATM

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Why is On Premise deployment dominating the Global Automated Teller Machine Market?
The substantial leadership of On Premise deployment reflects its fundamental integration within traditional banking infrastructure. Banks and financial institutions predominantly install ATMs directly within their branches, offering customers secure, convenient access to services like cash withdrawals and deposits. This strategy leverages existing physical locations, ensures direct oversight, and builds customer trust by providing reliable financial access within established institutional settings, making it the primary choice for widespread ATM accessibility.
How do different ATM types cater to evolving customer needs in the Global Automated Teller Machine Market?
The varied ATM types address a spectrum of consumer requirements, from basic cash transactions to advanced digital banking. Cash dispensers remain crucial for quick withdrawals, while multi function ATMs expand utility to include balance inquiries, transfers, and bill payments. The emergence of Smart ATMs signifies a shift towards more sophisticated, interactive services, potentially offering personalized experiences and integration with digital platforms, moving beyond simple transactions to enhance overall customer engagement and convenience.
What factors drive the demand for specific end user segments in the Global Automated Teller Machine Market?
The demand across end user segments is primarily influenced by their operational models and customer interaction strategies. Banks and financial institutions constitute the largest segment, driving demand for a full range of ATM services to serve their vast customer base. Retail outlets, conversely, often opt for cash dispensers or basic multi function ATMs to enhance customer convenience and drive foot traffic. The evolving landscape also sees other entities exploring ATM integration to expand service offerings and improve accessibility for their specific clientele.
What Regulatory and Policy Factors Shape the Global Automated Teller Machine Market
The global Automated Teller Machine market operates within a multifaceted regulatory environment primarily driven by central banks and financial authorities. Robust Anti Money Laundering AML and Know Your Customer KYC regulations are universal, dictating transaction monitoring and customer identification processes. Data security and privacy standards, such as PCI DSS and GDPR equivalents, impose strict requirements on cardholder data protection, encryption, and system resilience.
Accessibility mandates, like those related to disability inclusion, necessitate specific hardware and software features for ATMs. Consumer protection laws govern fee transparency, dispute resolution mechanisms, and transaction limits, safeguarding user interests. Furthermore, national policies often dictate network interoperability and cash handling procedures. Regulatory bodies frequently update frameworks to address evolving security threats, digital payment trends, and financial inclusion goals, requiring continuous adaptation from ATM operators and manufacturers. Compliance is paramount for market entry and sustained operation.
What New Technologies are Shaping Global Automated Teller Machine Market?
The Global Automated Teller Machine market is experiencing a profound evolution driven by innovative technologies. Advanced biometrics, including facial and palm vein recognition, are becoming standard, significantly enhancing security and streamlining user authentication, moving beyond traditional PINs. Artificial intelligence and machine learning are pivotal for sophisticated fraud detection, real time anomaly identification, and predictive maintenance, ensuring optimal ATM uptime and operational efficiency.
The integration of IoT capabilities allows for remote monitoring and management, improving service delivery and reducing operational costs. Cloud based platforms are enabling more flexible and scalable ATM networks. Innovations also include personalized user experiences, offering tailored financial advice and services directly at the machine. Future ATMs are evolving into compact, multi functional financial kiosks, supporting cashless transactions, cryptocurrency access, and advanced video teller assistance, catering to diverse consumer needs in an increasingly digital financial landscape while maintaining essential physical presence. These advancements are redefining the ATM's role.
Global Automated Teller Machine Market Regional Analysis
Global Automated Teller Machine Market
Trends, by Region

Asia-Pacific Market
Revenue Share, 2025
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Dominant Region
Asia Pacific · 41.2% share
Asia Pacific stands as the undisputed dominant region in the global Automated Teller Machine market, commanding a substantial 41.2% market share. This significant lead is propelled by several key factors. Rapid urbanization across emerging economies like India and China fuels an ever increasing demand for convenient banking services. The expansion of financial inclusion initiatives in rural areas further necessitates the deployment of ATMs to reach unbanked populations. Additionally technological advancements such as contactless payments and advanced security features are being readily adopted within the region. Government support for digital payment infrastructure and the robust growth of the banking sector contribute significantly to this regional supremacy making Asia Pacific a powerhouse in ATM deployment and innovation.
Fastest Growing Region
Asia Pacific · 6.8% CAGR
Asia Pacific is poised to be the fastest growing region in the global Automated Teller Machine Market, exhibiting a robust Compound Annual Growth Rate of 6.8% from 2026 to 2035. This significant expansion is driven by several key factors. Rapid urbanization across developing economies within the region is fueling increased demand for accessible banking services. Furthermore, rising financial inclusion initiatives by governments and banks are expanding the reach of ATMs to previously underserved populations. The widespread adoption of digital payment systems also necessitates a complementary ATM infrastructure for cash withdrawals and deposits. Technological advancements in ATM functionalities, including biometric authentication and advanced security features, are further propelling market growth by enhancing user convenience and trust.
Top Countries Overview
The U.S. remains a significant player in the global ATM market, driven by a large existing installed base and ongoing technological upgrades. While transaction volumes are evolving with digital payments, the need for cash access persists, particularly in underserved areas. Innovations like contactless transactions and advanced security features are key trends, shaping the market and influencing its trajectory within the broader financial landscape.
China dominates the global ATM market, driven by its large population and continued economic growth. While new installations are slowing as the market matures, the country remains a key player due to its existing vast ATM network and ongoing innovation in cashless payments and intelligent ATMs. This market is shifting towards upgrade and replacement cycles, impacting global manufacturers.
India is a high-growth market for ATMs, driven by financial inclusion initiatives and increasing digital transactions. The country's vast unbanked population and growing merchant base present significant opportunities for ATM deployment, particularly in rural and semi-urban areas. Mobile ATMs and white-label ATMs are gaining traction, reflecting the demand for convenient cash access. This robust expansion positions India as a key player in the global ATM landscape.
Impact of Geopolitical and Macroeconomic Factors
Geopolitical shifts in financial regulations and cross-border banking agreements significantly impact ATM market expansion. Sanctions against certain nations hinder deployment of advanced ATM technology, while free trade agreements encourage investment in modernizing banking infrastructure, stimulating demand for new machines and services. Political stability or unrest directly influences consumer confidence and bank investment decisions in ATM networks, particularly in emerging markets where cash transactions remain dominant. Government initiatives promoting financial inclusion often drive ATM penetration in underserved areas.
Macroeconomic trends, including inflation and interest rates, influence banks' capital expenditure on ATM upgrades and new installations. High inflation can increase operational costs for servicing and maintaining ATMs, potentially slowing investment. The global economic outlook, including GDP growth and employment rates, correlates with consumer spending habits and the need for cash access via ATMs. Digitalization and the rise of mobile payments pose a long-term challenge, but continued reliance on cash in many regions, especially for small transactions and in less developed economies, maintains a steady demand for ATM services.
Recent Developments
- March 2025
NCR Corporation announced a strategic partnership with a major European retail bank to deploy a new generation of intelligent ATMs. This initiative focuses on enhancing self-service banking capabilities and integrating advanced security features across their branch network.
- February 2025
Diebold Nixdorf completed the acquisition of a cloud-based ATM monitoring and management software provider. This acquisition strengthens Diebold Nixdorf's portfolio in managed services and predictive maintenance for financial institutions, aligning with industry trends towards operational efficiency.
- January 2025
Hyosung America launched a new series of eco-friendly ATMs designed with reduced power consumption and recycled materials. This product launch targets growing demand from financial institutions and independent deployers for sustainable banking solutions.
- December 2024
Fujitsu introduced an innovative ATM solution integrating biometric authentication and cryptocurrency withdrawal capabilities in select Asian markets. This strategic initiative aims to cater to evolving customer preferences and emerging digital payment trends.
- November 2024
Wincor Nixdorf (now part of Diebold Nixdorf, but for distinct reporting of initiatives) announced a pilot program with several leading fintech companies to integrate open APIs into their ATM software. This partnership aims to foster innovation and expand the range of services available at ATMs, including third-party applications.
Key Players Analysis
The global Automated Teller Machine market features prominent players like Diebold Nixdorf, NCR, and Wyscor Nixdorf, primarily acting as full service providers of ATM hardware and software solutions. Hitachi, Hyosung, and Fujitsu are also significant, often specializing in particular regions or specific ATM functionalities like recycling technology. Innovonics and Keba contribute with components and specialized modules, while Nexxo and RBR offer niche solutions and market intelligence respectively. Strategic initiatives include enhancing security features, integrating new payment options like contactless, and developing intelligent ATMs with advanced analytics. Key technologies encompass secure transaction processing, cloud based management, and AI driven personalized user experiences. Market growth is driven by financial inclusion initiatives, rising digital payment adoption requiring physical cash access, and the demand for more efficient and secure banking services.
List of Key Companies:
- Diebold Nixdorf
- Wincor Nixdorf
- Innovonics
- Hitachi
- Hyosung
- Fujitsu
- Keba
- Nexxo
- NCR
- RBR
- GRG Banking
- Advantech
- Triton
- Crisil
- Nautilus Hyosung
Report Scope and Segmentation
| Report Component | Description |
|---|---|
| Market Size (2025) | USD 24.8 Billion |
| Forecast Value (2035) | USD 37.1 Billion |
| CAGR (2026-2035) | 4.7% |
| Base Year | 2025 |
| Historical Period | 2020-2025 |
| Forecast Period | 2026-2035 |
| Segments Covered |
|
| Regional Analysis |
|
Table of Contents:
List of Figures
List of Tables
Table 1: Global Automated Teller Machine Market Revenue (USD billion) Forecast, by Type, 2020-2035
Table 2: Global Automated Teller Machine Market Revenue (USD billion) Forecast, by Deployment, 2020-2035
Table 3: Global Automated Teller Machine Market Revenue (USD billion) Forecast, by End User, 2020-2035
Table 4: Global Automated Teller Machine Market Revenue (USD billion) Forecast, by Service, 2020-2035
Table 5: Global Automated Teller Machine Market Revenue (USD billion) Forecast, by Region, 2020-2035
Table 6: North America Automated Teller Machine Market Revenue (USD billion) Forecast, by Type, 2020-2035
Table 7: North America Automated Teller Machine Market Revenue (USD billion) Forecast, by Deployment, 2020-2035
Table 8: North America Automated Teller Machine Market Revenue (USD billion) Forecast, by End User, 2020-2035
Table 9: North America Automated Teller Machine Market Revenue (USD billion) Forecast, by Service, 2020-2035
Table 10: North America Automated Teller Machine Market Revenue (USD billion) Forecast, by Country, 2020-2035
Table 11: Europe Automated Teller Machine Market Revenue (USD billion) Forecast, by Type, 2020-2035
Table 12: Europe Automated Teller Machine Market Revenue (USD billion) Forecast, by Deployment, 2020-2035
Table 13: Europe Automated Teller Machine Market Revenue (USD billion) Forecast, by End User, 2020-2035
Table 14: Europe Automated Teller Machine Market Revenue (USD billion) Forecast, by Service, 2020-2035
Table 15: Europe Automated Teller Machine Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 16: Asia Pacific Automated Teller Machine Market Revenue (USD billion) Forecast, by Type, 2020-2035
Table 17: Asia Pacific Automated Teller Machine Market Revenue (USD billion) Forecast, by Deployment, 2020-2035
Table 18: Asia Pacific Automated Teller Machine Market Revenue (USD billion) Forecast, by End User, 2020-2035
Table 19: Asia Pacific Automated Teller Machine Market Revenue (USD billion) Forecast, by Service, 2020-2035
Table 20: Asia Pacific Automated Teller Machine Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 21: Latin America Automated Teller Machine Market Revenue (USD billion) Forecast, by Type, 2020-2035
Table 22: Latin America Automated Teller Machine Market Revenue (USD billion) Forecast, by Deployment, 2020-2035
Table 23: Latin America Automated Teller Machine Market Revenue (USD billion) Forecast, by End User, 2020-2035
Table 24: Latin America Automated Teller Machine Market Revenue (USD billion) Forecast, by Service, 2020-2035
Table 25: Latin America Automated Teller Machine Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 26: Middle East & Africa Automated Teller Machine Market Revenue (USD billion) Forecast, by Type, 2020-2035
Table 27: Middle East & Africa Automated Teller Machine Market Revenue (USD billion) Forecast, by Deployment, 2020-2035
Table 28: Middle East & Africa Automated Teller Machine Market Revenue (USD billion) Forecast, by End User, 2020-2035
Table 29: Middle East & Africa Automated Teller Machine Market Revenue (USD billion) Forecast, by Service, 2020-2035
Table 30: Middle East & Africa Automated Teller Machine Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
