In 2023, the number of ATMs per hundred thousand persons in Austria stood at 175.44 units. This represents a year-on-year increase of 1.78% from 2022. Over the past two years, there was a noticeable, albeit modest, upward trend with annual increases of 2.17% and 1.78%, indicating a resurgence after minor fluctuations between 2016 and 2021. The five-year CAGR leading up to 2023 was 0.7%, reflecting a stable yet slow growth rate.
Future trends to watch for:
- Steady growth forecasted with a five-year CAGR of 1.32% through 2028.
- Potential innovations or disruptions in the financial technology sector impacting ATM usage.
- Possible shifts in consumer preferences towards digital banking solutions.