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

The number of ATMs in Macau has shown varying trends over the years. From 2013 to 2017, there was a significant rise with compound annual growth rates (CAGR) reaching up to 12.99% in 2016. However, from 2018 onwards, growth rates have fluctuated, experiencing minor declines from 2019 to 2021, followed by a slight recovery by 2023 with a CAGR of 1.04%. For the year 2023, the ATM units per hundred thousand persons stood at 341.45. Forecasts from 2024 to 2028 indicate a moderate CAGR of 2.49%, suggesting a continued but slower growth, reaching an estimated 399.83 ATM units per hundred thousand persons by 2028.

Future trends to watch for include:

  • The impact of digital and mobile banking solutions on the demand for physical ATMs.
  • Technological advancements in ATMs offering enhanced functionalities beyond cash transactions.
  • Regulatory changes and economic fluctuations in Macau potentially influencing ATM deployment.

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