The number of ATMs in Argentina has experienced fluctuations in growth rates over the past decade. Notably, the annual growth rate peaked in 2013 with a significant 25.51% increase, gradually decreasing to a more modest 0.74% by 2023. As of 2023, Argentina had 64.03 ATMs per hundred thousand persons. From 2019, the year-on-year growth rates have notably slowed, indicating a maturing market. The CAGR from 2018 to 2023 averaged 1.66%, reflecting a significant deceleration compared to earlier periods.
Forecasting from 2024 to 2028, the expected CAGR is 0.38%, with an overall growth of 1.92%. This suggests a stabilizing trend in the number of ATMs, nearing market saturation.
Future trends to watch for:
- Digital banking adoption could reduce the demand for ATMs.
- Economic factors and inflation rates might influence ATM deployment.
- Technological advancements in fintech could lead to new ATM functionalities.
Latest reports
US Fintech Market Report- Q4 2024
In the fourth quarter of 2024, the US fintech market continued to evolve dynamically, driven by significant advances in digital payments, online lending,...
Japan Fintech Market Report- Q4 2024
In Q4 2024, the Fintech sector in Japan continued to demonstrate robust growth, significantly influenced by advancements in digital payments, neobanks, and blockchain...
Germany Fintech Market Report- Q4 2024
The fourth quarter of 2024 marks a pivotal moment for the Fintech Germany sector, characterized by significant developments across various market segments. This...
India Fintech Market Report- Q4 2024
In the fourth quarter of 2024, the Indian fintech sector experienced remarkable growth, primarily driven by innovations in digital payments, online lending, and...
UK Fintech Market Report- Q4 2024
The UK fintech sector in the fourth quarter of 2024 showcased significant transformations characterized by technological advancements, regulatory shifts, and evolving consumer preferences....
France Fintech Market Report- Q4 2024
The fourth quarter of 2024 marked a transformative period for the Fintech France landscape, driven by significant developments across various market segments. The...
Canada Fintech Market Report- Q4 2024
The fourth quarter of 2024 marked a transformative period for the Fintech Canada landscape, characterized by significant advancements across digital payments, neobanks, AI...
Brazil Fintech Market Report- Q4 2024
The Q4 2024 report on the Brazilian fintech landscape presents a dynamic period marked by significant developments across various segments, including digital payments,...
Italy Fintech Market Report- Q4 2024
The Italy Fintech Market Report for Q4 2024 highlights significant advancements in the financial technology sector, reflecting robust growth and innovation across various...
South Korea Fintech Market Report- Q1 2025
The first quarter of 2025 has been pivotal for the fintech landscape in South Korea, characterized by significant advancements and regulatory developments. As...
