ATM market to grow by $5.64bn

Between 2022 and 2027, the Automated Teller Machine (ATM) market will likely grow by $5.64 billion and also record a Compound Annual Growth Rate (CAGR) of 4.56 per cent, according to a press release from Technavio.

The statement said that the primary factors driving growth were increase in multifunctional ATMs and demand for banking services, adding that North America would contribute 52 per cent to the market’s growth.

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