Top Companies in the ATM Market

Top Companies in the ATM Market

The global ATM market size reached US$ 23.3 Billion in 2023. Automated teller machines (ATMs) are electronic banking machines that facilitate basic transactions using credit or debit cards. They comprise a card reader, keypad, cash dispenser, printer, and display screen to show the user relevant instructions and account balance information. They manage money and perform various tasks, such as cash withdrawal, deposit, and fund transfer. In recent years, ATMs have gained immense popularity as a quick, convenient and self-serving alternative to traditional bank tellers for smooth financial transactions.

As per the analysis by IMARC Group, the top companies in the ATM industry are focusing on adding an extra security layer to technologically advanced ATMs. They are integrating ATMs with enhanced security mechanisms, such as biometric authentication, fingerprint sensor, and one-time password (OTP) services, to prevent fraudulent transactions. They are also launching intelligent Talking ATMs for users with special needs. Besides this, several key players are introducing contactless ATM kiosks amid the recent coronavirus disease (COVID-19) outbreak to enable users to withdraw cash in a safer and risk-free way by scanning a QR code on the screen without touching the interface. Furthermore, recent technological advancements, such as the integration of the internet of things (IoT) data analysis, digital convergence, and biometrics, are propelling market growth. Other factors, including the development of innovative ATMs embedded with advanced features, such as Dynamic Currency Conversion (DCC) to facilitate smooth currency conversion for international travelers and the growing popularity of mobile ATMs, are also anticipated to create a favorable market outlook. Looking forward, IMARC Group expects the market to reach US$ 34.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.3% during 2024-2032.

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List of Top ATM Manufacturers and Companies in the World:

Diebold Nixdorf, Inc.

Establishment: 1859
Headquarters: Ohio, United States

Diebold Nixdorf, Inc. is a global leader in banking solutions and retail technology systems that help banks, credit unions, and retailers meet the needs of connected customers. It was formed through the merger between Diebold, Incorporated, and Wincor Nixdorf AG. The company specializes in manufacturing, selling, installing, and servicing financial and retail self-service solutions. Its diversified product portfolio comprises point-of-sale terminals, self-ordering kiosks, physical security products, software and related services, and self-service transaction systems, such as ATMs and currency processing systems. It mainly serves the financial, retail, and commercial markets. With more than 22,000 employees, the company operates in over 130 countries across the globe, including the USA, Germany, Australia, Canada, Brazil, China, France, Hong Kong, India, Mexico, Italy, the UK, Spain, Poland, the UAE, Thailand, and South Africa.

NCR Corporation

Establishment: 1884
Headquarters: Georgia, United States

NCR Corporation is a leading global software- and services-led enterprise technology provider for banks, retailers, restaurants, small businesses, and telecom and technology. It mainly serves the financial, retail, and hospitality industries. It offers POS software and solutions, multi-vendor ATM software, self-service ATMs, interactive teller and banker, self-service kiosks, back-office solutions, and advisory, deployment, implementation, maintenance and managed services. With over 34,000 employees in 160 countries, the company distributes its solutions in around 141 countries across the globe. 

Triton Systems of Delaware LLC

Establishment: 1979
Headquarters: Mississippi, United States

Triton Systems of Delaware LLC is a leading manufacturer and provider of off-premise ATMs and ATM management software in North America. It has an extensive product portfolio comprising ATMs, legacy ATMs, finance applications, note dispensing units, smart safes, and other ATM resources, such as anti-skim card readers and custom software. With over 200,000 installations in more than 24 countries, the company holds the title of the world’s leading retail ATM supplier. 

Hitachi Channel Solutions Corp (Hitachi-Omron Terminal Solutions Corp)

Establishment: 2004
Headquarters: Tokyo, Japan

Hitachi Channel Solutions Corp is a leading terminal solution vendor and a wholly owned subsidiary of Hitachi, Ltd. The company changed its trade name from Hitachi-Omron Terminal Solutions Corp. to Hitachi Channel Solutions Corp. It provides services and solutions, such as banking branch systems, digital commerce solutions, ATMs, card readers, cash recycling ATMs and modules, passbook printers, and counter terminals for transportation and public institutions. 

GRGBanking Equipment Co. Ltd.

Establishment: 1999
Headquarters: Guangzhou, China

GRGBanking Equipment Co. Ltd. is a leading innovative solutions provider in the self-service financial industry. It offers a wide range of hardware and software products and solutions, such as ATMs, cash recyclers, cash depositors, cash sorting machines, self-service solutions, digital banking software, retail dispensers and recyclers, and branch transformation solutions. With more than 330,000 terminals deployed in over 110 countries, the company is now among the top 3 vendors in the self-service financial industry worldwide. Currently, it has operations in the Americas, Europe, and the Asia Pacific.

OKI Electric Industry Co. Ltd.

Establishment: 1881
Headquarters: Tokyo, Japan

OKI Electric Industry Co. Ltd. manufactures, develops, and sells products, technologies, software, and solutions for telecommunications and information systems. The company operates through two business segments, namely solution systems and components and platforms. Its diversified product portfolio consists of traffic infrastructure systems, disaster prevention related systems, self-defense related systems, communication equipment for telecom carriers, bank branch systems, ATMs, cash handling equipment, check-in terminals, currency exchange machines, color and monochrome LED printers, dot impact printers, and printed circuit boards. Currently, the company has an extensive presence worldwide in the Americas, Europe, Asia, and Oceania.

Nautilus Hyosung America, Inc. (Hyosung TNS Inc.)

Establishment: 2007
Headquarters: Texas, United States

Nautilus Hyosung America, Inc. is a subsidiary of Hyosung TNS Inc., a technology leader in self-service solutions in hardware, software, and banking services. It provides a wide range of solutions, such as cash recyclers, ATMs, cash management solutions, recycling ATMs, TCRs, Metakiosks, and managed services. The company operates in various countries, including the USA, China, India, Indonesia, and Russia.

HESS Cash Systems GmbH & Co KG

Establishment: 1885
Headquarters: Magstadt, Germany

HESS Cash Systems GmbH & Co KG is a subsidiary of the international Gauselmann Group and an industry leader in cash-handling system solutions. It develops, produces, markets, and sells hardware and software solutions for cash handling and payment systems for banks, public institutions, energy providers, libraries, commercial establishments, casinos, and retail enterprises. Its extensive product portfolio includes coin deposit systems, coin roll dispensers, payment systems, cash recycling systems, POS terminals, kiosk systems, and admission systems. The company has a branch in Bremen, Germany, and two subsidiaries: HESS Schweiz in Bern, Switzerland, and HESS Austria, with sites in Gratkorn and Linz.

Fujitsu Ltd.

Establishment: 1935
Headquarters: Tokyo, Japan

Fujitsu Ltd. Is a leading global information and communication technology company that offers a wide range of technology products, solutions, and services. It mainly serves the automotive, financial services, retail, manufacturing, public sector, energy and utilities, and transport markets. The company primarily operates through three business segments, including technology solutions, ubiquitous solutions, and device solutions. It provides hybrid IT services, electronic devices, ATMs, POS systems, workplace products, air conditioning, data center services, network solutions, integrated systems, storage solutions, and network switches. With more than 124,200 employees, Fujitsu has a global network of R&D, manufacturing, data center, system integration, consulting, sales, and support operations in North America, Central America, South America, Europe, Asia, Africa, Japan, and Oceania. 

Euronet Worldwide, Inc.

Establishment: 1994
Headquarters: Kansas, United States

Euronet Worldwide, Inc. is a leading financial technology solutions and payments provider across the globe. It mainly operates through three business segments: Electronic Funds Transfer (EFT), eBay, and Money Transfer. The company offers various payment and transaction processing solutions to financial institutions, retailers, service providers, and individual customers. These services include ATM, POS, and card outsourcing services, card issuing and merchant acquiring services, software solutions, cash-based, and online-initiated consumer-to-consumer and business-to-business money transfer services, electronic distribution of digital media and prepaid mobile phone time, and other cloud-based financial technology solutions. The company serves around 190 countries and territories with employees in 56 countries and 66 business offices worldwide.

Brink’s, Inc

Establishment: 1859
Headquarters: Virginia, United States

Brink’s, Inc is a global leader in total cash management, route-based secure logistics, and payment solutions. It mainly serves financial institutions, retailers, government agencies (including central banks), jewelers, and other commercial operations worldwide. Its diverse product portfolio comprises cash-in-transit, ATM services, currency and coin processing, international transportation of valuables, and cash management services, including vault outsourcing, money processing, security services, and smart safe services. With more than 74,500 employees, the company has operations in around 53 countries and serves customers in over 100 countries through a network of 1,300 facilities. 


About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the ATM industry, which has enabled clients to set up and expand their businesses successfully.   

Some of the company’s offerings include:   

  • Market Research    
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  • Marketing and sales    
  • Procurement and Distribution    
  • Innovation and Product Development    

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