Forecast: Number of ATMs in Switzerland

The number of ATMs in Switzerland stood at 7.48 thousand units in 2023. Over the past decade, the growth in ATMs has been moderate with a noticeable deceleration in recent years. Specifically, the year-on-year growth rates show a range of short-term variations with a slight upward trend. From 2013 to 2023, the CAGR hovered around 1%, showing a stable yet slow pace of increase. The highest noted year-on-year increase was in 2015 at 2.25% while the lowest was in 2014 at -0.1%.

Looking ahead to the forecasted data from 2024 to 2028, the annual growth rate is expected to average around 0.58%, indicating a slower yet consistent upward trajectory. The five-year forecasted CAGR suggests that the total number of ATMs will grow by approximately 2.95% by 2028.

- By 2025, the number of ATMs is projected to be around 7.59 thousand units.

- By 2028, the number of ATMs is expected to reach approximately 7.76 thousand units.

Future trends to watch for include the impact of digital banking on ATM usage, the evolution of consumer preferences towards cashless transactions, and regulatory changes affecting the financial services industry in Switzerland. Continued technological advancements and the shift towards integrated banking experiences may also influence the demand for physical ATMs in the coming years.