Key Market Indicators
The Indian ATM market is expected to reach 305.76 thousand units by 2026, from 257.79 thousand units in 2021, growing at an average annual rate of 2.7%. Since 2012, the Indian supply has increased 3% year-on-year, making it the second largest market in 2021, after China. India, Russia and Brazil were the second, third and fourth largest markets respectively. The Indian ATM transactions are projected to reach 13,710 million units by 2026, from 11,540 million units in 2021, growing at a compound annual growth rate of 3.1%. Since 2012, the Indian demand has increased 6.1% year-on-year, with Indonesia, Brazil and Russia being the second, third and fourth largest markets respectively.