Press release
Smart City Kiosk Industry: | Trends, Share, Growth Rate, Opportunities and Market: Forecast 2018 to 2028
Development of infrastructure for connecting everything in the smart city with the kiosks and advancement in the self-service technology are the key trends in the smart city kiosk market. Vendors in the smart city kiosk market are highly focusing on enhancing the security of kiosk by storing the information on the server rather than on the device and deploying each device with a unique password so that hackers could not access others kiosks.
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Smart City Kiosk Market: Drivers and Restraints
The smart city kiosk systems increase the public safety and resilience by providing information to users about any nearby accident or incident and also help the residents to connect to emergency services. The smart city kiosk also enhances the transportation and mobility in the city by providing people with public transport schedules and tourist attractions across the city. These factors are driving the growth of the smart city kiosks market.
The smart city kiosk is highly vulnerable to cyber-attacks such as ransom ware that hacks IT systems. These attacks are a major concern; it can extract personal information of the user such as name, e-mails and phone numbers. These factors are restraining the adoption of smart city kiosks by the users leading to slow growth of the market. Also, factors such as high cost of developing the infrastructure are further hampering the growth of the smart city kiosk market.
Smart City Kiosk Market: Segmentation
Segmentation of the Smart City Kiosk Market Based on Deployment Type:
Standalone smart city kiosk
Integrated display solutions
Segmentation of the Smart City Kiosk Market Based on Components:
Hardware
Software
Services
Segmentation of the Smart City Kiosk Market Based on End Users:
Hospitality
BFSI
Retail
Entertainment
Transport
Education
Ticketing
Others
Smart City Kiosk Market: Competitive Landscape
Examples of some of the key players operating in the smart city kiosk market are Verizon Communications Inc., Intel Corporation, Ferrograph Ltd., Soofa, Inc., CIVIQ Smartscapes LLC, Smart City Holdings, LLC, Smart City Media, Smartlink Holdings Limited and OLEA kiosks Inc.
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Regional Overview
On the basis of geography, the smart city kiosk market is segmented across North America, Latin America, Western Europe, Eastern Europe, China, SEA and other APAC, Japan, and Middle East & Africa. North America is expected to be a large market for smart city kiosk as majority of the smart city kiosk vendors such as CIVIQ Smartscapes LLC, Intel Corporation and Smart City Media are based in North America. The connected things market in developing regions, such as APEJ, Latin America, and parts of Africa, is characterized by the adoption of advanced technology for enhanced connectivity and mobility in various smart city segment including smart city kiosk. Rising disposable incomes in countries in the regions mentioned above is likely to increase the scope of penetration of smart city kiosk in these regions in the near future.
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