ATM Software Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Component, By Function, By End-User, By Region & Competition, 2021-2031F

The Global ATM Software Market is projected to expand from USD 5.82 Billion in 2025 to USD 7.84 Billion by 2031, registering a CAGR of 5.09%. This sector encompasses the operating systems and middleware necessary for automated teller machines to process financial transactions, control hardware peripherals, and connect with banking networks. The market is primarily fueled by the need for operational efficiency, prompting financial institutions to implement multivendor solutions that standardize the customer experience across varied equipment fleets. Additionally, the drive to lower infrastructure expenses is hastening the move toward managed service models. As noted by the ATM Industry Association in 2025, 15% of surveyed banks indicated they had outsourced all ATM-related duties, highlighting a strategic shift toward specialized software management to streamline operations and ensure high availability.

Conversely, the industry confronts a major obstacle regarding the increasing complexity of security threats. As software platforms advance to accommodate open architectures and contactless features, they become more exposed to logical attacks and malware. This vulnerability demands ongoing, costly investments in security protocols and compliance updates, which can strain operational budgets. Consequently, the substantial resources required to maintain secure and resilient software environments can slow the pace of innovation and establish entry barriers for smaller deployers seeking to modernize their networks.

Market Driver

The rise of ATM-as-a-Service and managed software models is fundamentally transforming the market as financial institutions strive to reduce operational complexity. Banks are progressively decoupling software management from hardware ownership, choosing outsourced solutions that guarantee continuous compliance and seamless updates without requiring heavy internal IT support. This transition allows deployers to shift from capital-intensive legacy infrastructures to flexible, subscription-based environments that speed up the release of new features while standardizing fleet performance. Data from NCR Atleos' 'First Quarter 2025 Results' in May 2025 reveals that ATM-as-a-Service unique customers increased by 40% year-over-year, emphasizing the industry's rapid migration toward these efficient, cloud-enabled operational frameworks.

Simultaneously, the expansion of self-service capabilities beyond simple cash withdrawals is driving significant software innovation. Modern ATM platforms are being re-engineered to function as comprehensive digital transaction hubs, facilitating complex banking activities like bill payments, account transfers, and instant account opening to move from the teller line to the kiosk. This evolution requires robust middleware capable of integrating diverse core banking services into a unified, secure user interface. According to the ATM Industry Association's 'Top ATM trends to watch in 2025' report from January 2025, 39% of surveyed banks identified supporting diverse self-service transactions as the primary additional responsibility for their fleets, prioritizing it over traditional cash dispensing. This demand for advanced capabilities ensures the continued relevance of physical touchpoints, a trend supported by Diebold Nixdorf's report in May 2025 that their product backlog grew to approximately $900 million, indicating strong investment in next-generation self-service technology.

Market Challenge

The rising sophistication of security threats presents a formidable hurdle to the expansion of the Global ATM Software Market. As industry standards migrate toward open software architectures and contactless integrations, platforms become increasingly susceptible to complex logical attacks and malware incursions. This vulnerability forces market participants to allocate considerable financial resources toward continuous security patching and strict compliance adherence. Consequently, operational budgets that would otherwise fund innovation and feature development are consumed by the immediate need for defensive maintenance, thereby slowing the overall pace of technological advancement within the sector.

The severity of this operational burden is highlighted by recent industry data. The ATM Industry Association reported in 2025 that jackpotting and cash-out incidents comprised 74% of all ATM criminal activity in the United States, surpassing physical attacks as the dominant threat. The high frequency of such software-centric fraud necessitates capital-intensive security investments that smaller deployers often cannot sustain. As a result, the substantial cost associated with maintaining a resilient software environment creates significant barriers to entry and modernization, effectively hampering broader market adoption and growth.

Market Trends

Financial institutions are increasingly adopting contactless and cardless withdrawal technologies, integrating mobile-first authentication methods to enhance user convenience and security. By utilizing Near Field Communication (NFC) and QR code standards, ATM software now allows customers to stage transactions via banking apps, significantly reducing time spent at the terminal and mitigating card skimming risks. This shift prioritizes friction-free interaction, where the user's mobile device serves as the primary interface. In a September 2025 press release titled 'Mastercard, NCR Atleos, and ITCARD to enhance contactless experiences at ATMs,' NCR Atleos noted that initial testing of Consumer Device Cardholder Verification Method (CDCVM) technology indicated that contactless transactions at ATMs are on average 20% faster than conventional PIN-based withdrawals.

Concurrently, the market is witnessing the widespread implementation of AI-powered predictive maintenance, transforming how deployers manage fleet availability. Advanced software agents now continuously analyze hardware telemetry to identify pre-failure patterns in components like cash dispensers and card readers, allowing for preemptive remediation rather than reactive repair. This technological capability drastically minimizes downtime and optimizes cash handling cycles without manual intervention. As stated in Diebold Nixdorf's 'Diebold Nixdorf Unveils DN Series 300 and 350' press release from December 2025, the company's latest self-service technology delivers nearly 40% greater system availability compared to previous generations, driven by intelligent data processing and predictive maintenance scheduling features.

Key Market Players

• NCR Corporation
• Diebold Nixdorf, Incorporated
• Fiserv, Inc.
• Guangzhou GRG Banking Equipment Co., Ltd.
• Euronet Worldwide, Inc.
• Hitachi-Omron Terminal Solutions, Corp.
• Auriga S.p.A.
• KAL ATM Software GmbH
• Triton Systems of Delaware, LLC
• Nautilus Hyosung America, Inc.

Report Scope

In this report, the Global ATM Software Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

ATM Software Market, By Component

• Software
• Services

ATM Software Market, By Function

• Bill Payment
• Card Payment
• Cash Deposit
• Cash Dispenser

ATM Software Market, By End-User

• Banks and Financial Institutions
• Independent ATM Deployer

ATM Software Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global ATM Software Market.

Available Customizations:

Global ATM Software Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).