Australia ATM Market Size, Share, and COVID-19 Impact Analysis, By Solution (Deployment Solutions, and Managed Services), By Application (Withdrawals, Transfers, and Deposits), and Australia ATM Market Insights, Industry Trend, Forecasts to 2035

Australia ATM Market Insights Forecasts to 2035

• The Australia ATM Market Size Was Estimated at USD 576.5 Million in 2024
• The Market Size is Expected to Grow at a CAGR of Around 4.85% from 2025 to 2035
• The Australia ATM Market Size is Expected to Reach USD 970.4 Million by 2035

According to a research report published by Spherical Insights & Consulting, The Australia ATM Market Size Is Anticipated To Reach USD 970.4 Million By 2035, Growing At A CAGR Of 4.85% From 2025 To 2035. The ATM market in Australia is driven by Increased cash circulation, the need for safe self-service banking, the growth of off-site ATMs, technical advancements like contactless transactions, and financial inclusion programs in rural and regional areas.

Market Overview

The Australia ATM market refers to the deployment, operation, and maintenance of automated teller machines that enable customers to perform banking transactions without human assistance. ATMs provide multiple services to users, which include cash withdrawal, balance inquiry, fund transfer, bill payment and cardless transaction capabilities. The locations of these installations include bank branches, shopping centres, transport hubs, and remote areas, which provide customers with accessible and safe self-service banking options.

The Australian government supports ATM accessibility through financial inclusion and regional banking initiatives. The Regional Banking Taskforce has received more than AUD 50 million in funding to enhance banking services and cash access throughout rural regions. The Australian Payments Network supports secure ATM systems, while Australia Post Bank Post service allows over 3,500 locations to offer cash withdrawal services, which help communities without access to bank branches and ATMs.

Smart multi-function ATMs now deliver biometric and cardless transaction capabilities together with AI-powered system uptime and bill-pay services, which enhance security and user experience in the evolving Australia ATM market. Banks and operators are expanding their digital-physical service offerings because regulators have established stricter regulations that control crypto ATM security risks. The future holds possibilities for growth in three areas, which include deploying services to remote areas that lack proper infrastructure, creating digital-cash hybrid kiosks and developing better cash-to-mobile wallet systems as people use traditional cash less frequently.

Report Coverage

This research report categorizes the market for the Australia ATM market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Australia ATM market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Australia ATM market.

Driving Factors

The ATM market in Australia is driven by the need for safe, practical self-service banking, the increase of independent ATM deployers, and the persistent demand for cash despite the rise of digital payments. The increase in tourist activities, together with the rise of retail operations, both contribute to higher transaction volumes. The combination of branch closures and technological upgrades that enable contactless withdrawals, together with real-time monitoring capabilities, has improved operational efficiency and customer experience at off-site ATMs.

Restraining Factors

The ATM market in Australia is mostly constrained by the rapid digital payment adoption, declining cash transactions, high maintenance and cash-handling costs, cybersecurity risks, and ongoing bank branch closures, which reduce transaction volumes and impact ATM network profitability.

Market Segmentation

The Australia ATM market share is classified into solution and application.

• The deployment solutions segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Australia ATM market is segmented by solution into deployment solutions, and managed services. Among these, the deployment solutions segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Due to the ongoing installation of new ATMs at retail locations, transportation hubs, and rural areas where bank branches have closed, the deployment solutions segment leads the Australian ATM industry. Independent ATM deployers and financial institutions make significant investments in cutting-edge devices with contactless and cardless capabilities.

• The withdrawals segment dominated the share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. 

The Australia ATM market is segmented by application into withdrawals, transfers, and deposits. Among these, the withdrawals segment dominated the share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. Consistent customer demand for cash transactions, particularly in retail, hotel, and regional areas, is what drives this dominance. Despite an increase in digital payments, cash withdrawals continue to be the principal ATM function in Australia, accounting for the largest transaction volume and fee-based revenue as compared to deposits and transfers.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Australia ATM market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• ATMcash
• atmx
• Atmwest
• Kwik E Cash ATMs
• Venue Smart ATMs
• Armaguard
• Stargroup
• atm2go
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments:

• In October 2025, the Australian government unveiled draft legislation that would strengthen control of crypto ATM operators and grant AUSTRAC more authority to restrict high-risk crypto ATMs in response to growing fraud concerns.

• In June 2025, AUSTRAC enforced strict crypto ATM compliance guidelines, which included increased anti-fraud messages for operators across the country and transaction limitations.

Market Segment

This study forecasts revenue at the Australia, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Australia ATM market based on the below-mentioned segments:

Australia ATM Market, By Solution

• Deployment Solutions
• Managed Services

Australia ATM Market, By Application

• Withdrawals
• Transfers
• Deposit