In 2023, China leads the global ATM share with 45.87 thousand units, followed by India at 9.21 thousand units, and Russia at 7.56 thousand units. China observed a year-on-year growth of 4.48%, while India experienced a slightly higher growth of 4.6%. In contrast, Japan saw a marginal decline of 0.068%. European nations such as France and Belgium witnessed declines of 0.0087% and a significant 4.65%, respectively. Mexico and South Africa marked notable growths of 2.38% and 1.9%, respectively.
Future trends to watch:
- Continued growth in Asia, particularly in China and India, driven by financial inclusion initiatives.
- Potential stagnation or decline in developed markets due to a shift towards digital payments.
- Emerging markets such as Mexico and South Africa may see increased ATM installations as banking infrastructure expands.
Top countries in Number of ATMs Share by Country (Thousand Units)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 China | 45.87 | 2023 | +4.35% | +4.48% | View data |
2 | 2 India | 9.21 | 2023 | +3.65% | +4.6% | View data |
3 | 3 Russia | 7.56 | 2023 | +2.22% | +3.05% | View data |
4 | 4 Brazil | 5.95 | 2023 | +0.3% | +0.43% | View data |
5 | 5 Japan | 4.5 | 2023 | -0.096% | -0.068% | View data |
6 | 6 South Korea | 4.16 | 2023 | +0.71% | +0.91% | View data |
7 | 7 Indonesia | 3.75 | 2023 | +1.08% | +1.14% | View data |
8 | 8 Germany | 2.92 | 2023 | +0.44% | +0.48% | View data |
9 | 9 Canada | 2.42 | 2023 | +0.97% | +1.21% | View data |
10 | 10 United Kingdom | 2.26 | 2023 | +0.17% | +0.52% | View data |