The Brazil ATM market size reached USD 414.80 Million in 2024. Looking forward, the market is expected to reach USD 659.12 Million by 2033, exhibiting a growth rate (CAGR) of 4.74% during 2025-2033. The market is propelled by factors including higher adoption of online banking, escalating demand for convenient cash access, and innovation in self-service technology. The growth in financial inclusion programs also plays a major role. The market is expected to keep changing, with the Brazil ATM market share increasing due to rising demand for efficient, accessible, and affordable banking solutions.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 414.80 Million |
Market Forecast in 2033 | USD 659.12 Million |
Market Growth Rate 2025-2033 | 4.74% |
Increased Adoption of Cashless Transactions
The rising trend of going cashless in Brazil has a tremendous influence on the ATM industry. With expanding use of digital payment instruments, such as mobile banking and contactless cards, most consumers now prefer non-cash transactions. Nonetheless, ATMs still remain indispensable in providing convenient cash withdrawal services, particularly in rural and underserved areas. Financial institutions are investing in replacing ATMs to adapt to this shift through the addition of services like bill payments and transfers, essentially improving the consumer experience. Though digital payment growth continues, ATMs are still important, and their transformation is imperative in order to satisfy consumers who need access to physical cash. This change will be a boost for Brazil ATM market growth and help in diversification of services. For instance, Fexco partnered with DAI Brasil ATM to introduce Dynamic Currency Conversion (DCC) services at over 300 ATMs across Brazil. This strategic collaboration aims to enhance the ATM experience by offering convenient currency conversion for both local users and international visitors. The service will be available at key locations, including airports and shopping malls, improving transparency and convenience.
Adoption of Intelligent ATMs
Intelligent ATMs are becoming increasingly prevalent in Brazil, reshaping the traditional banking experience. These machines offer advanced features such as biometric authentication, video banking, and enhanced security measures to combat fraud. For instance, SuperCard X, a sophisticated mobile malware campaign, uses NFC-relay techniques to steal payment card data in real-time, enabling fraudsters to carry out unauthorized ATM withdrawals and POS transactions. This malware operates under a Malware-as-a-Service model and bypasses traditional fraud detection systems, making it a high-risk, low-detection threat. With the ongoing shift toward automation, Brazilian financial institutions are investing in upgrading their existing infrastructure to incorporate intelligent ATMs. These machines improve customer service by providing faster, more secure transactions and offering a wider range of services, including mini-statements, fund transfers, and even loan applications. The adoption of intelligent ATMs is a critical driver of the Brazil ATM market, enhancing user convenience while reducing operational costs for banks. This trend is expected to propel the Brazil ATM market share as it caters to the growing demand for advanced self-service solutions.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on solution, screen size, application, and ATM type.
Solution Insights:
The report has provided a detailed breakup and analysis of the market based on the solution. This includes deployment solutions (onsite ATMs, offsite ATMs, work site ATMs, and mobile ATMs) and managed services.
Screen Size Insights:
A detailed breakup and analysis of the market based on the screen size have also been provided in the report. This includes 15" and below and above 15".
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes withdrawals, transfers, and deposits.
ATM Type Insights:
A detailed breakup and analysis of the market based on the ATM type have also been provided in the report. This includes conventional/bank ATMs, brown label ATMs, white label ATMs, smart ATMs, and cash dispensers.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Southeast, South, Northeast, North, and Central-West.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Solutions Covered |
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Screen Sizes Covered | 15" and Below, Above 15" |
Applications Covered | Withdrawals, Transfers, Deposits |
ATM Types Covered | Conventional/Bank ATMs, Brown Label ATMs, White Label ATMs, Smart ATMs, Cash Dispensers |
Regions Covered | Southeast, South, Northeast, North, Central-West |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: