The ATM managed services market may reach $12.29 billion by 2033, growing at a compound annual growth rate of 4.25% from 2025 to 2033, according to a press release from Research and Markets.
The market was valued at $8.45 billion in 2024. Several factors influencing this growth include banks outsourcing ATM fleets and the need to cut costs. In addition, there is a growing demand for outsourced ATM maintenance and monitoring to reduce downtime costs.
All-in one ATM managed services is also expanding as banks aim to refocus on customer service rather than managing ATMs.
However, companies that provide managed services have to deal with multiple challenges such as maintaining reliable service and managing cash replenishment across a wide network.
Categories: ATMs
