Forecast: Number of ATMs (Automated Teller Machines) in Thailand

The number of ATMs in Thailand has experienced a declining trend since 2015. The value for 2023 stood at 102.94 units per hundred thousand persons. Over the last two years, there has been an average yearly decrease of approximately 2.41%. A long-term analysis indicates a compound annual growth rate (CAGR) of -2.61% over the past five years (2019-2023). Forecasted data for the next five years project a further decrease, with a CAGR of -1.44% and an overall reduction of 6.99% by 2028.

Future trends to watch for:

• Increasing adoption of digital banking and fintech solutions reducing the reliance on ATMs.

• Possible restructuring and consolidation of ATM networks by banks to optimize costs.

• Regulatory changes or incentives that could influence ATM deployment and usage.