Back to Career News

Global ATM Market to Reach 25 bn USD by 2022, Says Report

April 26, 2019

Global ATM Market to Reach 25 bn USD by 2022, Says Report
According to a new report by Million Insights, the global ATM market is expected to reach 24.92 billion USD by 2022 on the back of increased demand for comfortable financial transactions, automated wireless communication devices, etc. However, it also said that continued misuse of ATM pin and related frauds will hurt the market in the coming years still. 

The report said that the Asia-Pacific region makes for the biggest segment of the ATM market and will be the primary driver of its growth.

Photo credit: joegoauk73 on Visualhunt.com / CC BY-SA

Recommended for you ...

Tech Mahindra inks MoU with Axiata to develop 5G solutions
Tech Mahindra inks MoU with Axiata to develop 5G solutions

December 01, 2022

City Union Bank authorised to enable GST payments
City Union Bank authorised to enable GST payments

December 01, 2022

RBI authorises Tamilnad Mercantile Bank to undertake govt business
RBI authorises Tamilnad Mercantile Bank to undertake govt business

December 01, 2022

Chat on WhatsApp