The growth of Asynchronous Transfer Mode (ATM) was considered to be the ideal carrier of the high bandwidth applications like video on demand and multimedia e-learning. ATM emerged commercially in the beginning of the 1990's. It was designed to provide a different quality of service at a speed up 100 Gbps for both real time and non real time application. The turn of the 90's saw a variety of technologies being developed. This project analyzes these technologies, compares them to the Asynchronous Transfer Mode and assesses the future of ATM.