Self-Service

Bank kiosk market to reach $46B by 2030

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September 19, 2023

The global bank kiosk market will reach $46.36 billion by 2030, growing at a compound annual growth rate of 14.7% from 2023 to 2030, according to research from Research and Markets. Bank kiosks consist of ATMs, video kiosks and self-service kiosks, according to a press release.

These kiosks increase efficiency, reduce wait times and allow bank tellers to handle more complex transactions and interactions. Key trends in the report include:

• The ATM segment held a 41.6% revenue share in 2022 and will grow at a 14% GAGR.
• The banking, financial services and insurance end-user segment held the largest revenue share of 71.3% in 2022 and will grow at a CAGR of 15%.
• The hardware segment will see a 14% CAGR.
• The off-site segment held a market share of 53.5% in 2022 and will see a 15% CAGR.