Global Number of ATMs Share by Country (Thousand Units)

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.