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Payments

Bank kiosk market to surge 15% annually, hit $18.5B by 2033

Photo: Adobe Stock

July 9, 2024

The worldwide bank kiosk market is expected to grow at a staggering rate of 15% CAGR and reach a value of $18.5 billion by 2033, according to a Fact.MR report.

Banking kiosks are a technology leveraged by the banking sector to serve low-income communities that may not otherwise have convenient access to standard financial services. Self-service banking kiosks allow customers to transfer money between accounts, check account balances, make deposits and withdrawals, print account statements and apply for credit cards or loans.

Banking kiosks are located in bank branches, ATM locations and other high-pedestrian areas. They allow customers access to essential financial services beyond standard banking hours.

Some of the key players include:

  • NCR Corporation.
  • Diebold Nixdorf.
  • Nautilus Hyosung America, Inc.
  • OKI Electric Industry Co. Ltd.
  • Euronet Worldwide, Inc.
  • Brink's, Inc.
  • Azkoyen Group.

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As a global technology leader and innovative services provider, Diebold Nixdorf delivers the solutions that enable financial institutions and retailers to improve efficiencies, protect assets and better serve consumers.

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