|03-14-2019 10:18 PM CET - Business, Economy, Finances, Banking & Insurance||
Kiosk Market Estimated to Rise Profitably with CAGR of 10.2% during 2019 – 2023 | Analysis by Top Key Players - Guangzhou LiQi Intelligent Technology, IER SAS, KIOSK Information Systems, NCR, NEXCOM International, Samsung Electronics, Slabb
Press release from: Market Prognosis
Marketprognosis.com Publish a New Market Research Report On “Global Kiosk Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.
Overview of the Global Kiosk Market:
The Global Kiosk Market is expected to register a CAGR of 10.2% over the forecast period of 2018u20132023. The scope of the market is limited to the hardware products offered by the vendors in the market.
Kiosk systems are increasingly being employed across many industries to streamline processes and provide better operational flexibility. Major players across various industries are increasingly investing in kiosks, as technological advancements and the integration of more advanced software is allowing for a more interactive and intuitive experience for consumers, which is set to boost the adoption of kiosks across the globe. However, increasing security concerns could hinder the growth of the market.
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Vending Kiosks to Hold a Significant Share; While traditional vending machines represent a mature industry with sluggish growth rate, the high-tech kiosks are expected to have a prosperous forecast period. Owing to the flexibility and space constraints, vending kiosks provide competition to the existing small and medium scale convenience stores and stands selling food and beverage. Food and drinks contribute to the major share of the vending machines, followed by DVD rentals, which require the presence of manual labor in the kiosk to interact with the consumer. The growth of the DVD rentals has slowed down significantly, due to the emergence of online streaming services. The increase in product offerings in vending machines and a rise in the number of beverage manufacturers selling their products through exclusive smart vending machines are crucial for the growth of intelligent vending machine market.
Growing Tourism to Drive the Market for Kiosks in China; The tourism industry in China has experienced unprecedented growth in the past few years. Reform in China and open policy, supported by increasing economic growth of the country has boosted the tourism industry. China is the fourth most visited country in the world with an estimated 60 million tourists visiting it in 2016. This number has grown significantly compared to 2015 with over a 4.2% rise. Tourism industry generated more than CNY 3.420 billion in 2015. Tourists visiting this country are increasingly looking for technological solutions that help them buy products and services. This is providing a huge demand for kiosks in this country. Many retailers and other service providers in places with high concentration of tourists are increasingly employing kiosk systems, which eliminate the communication barrier and provide easy services for the tourists. Tourists visiting the country also prefer these systems as they offer familiar operations and are easy to use. China is expected to become the country with the largest tourism industry by 2020, thus providing a huge opportunity to explore and grow rapidly in this region.
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Major Key Players:
1 Guangzhou LiQi Intelligent Technology Co.
2 IER SAS
3 KINGLEADER Technology Company
4 KIOSK Information Systems
5 NCR Corporation
6 NEXCOM International Co., Ltd
7 Samsung Electronics
8 Shenzhen Hunghui IT Co., Ltd
9 Shenzhen Lean Kiosk System Co., Ltd
10 Slabb, Inc. and More…………..
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This study answers to the below key questions:
1 What are the key market trends?
2 What will the market size be in 2023 and what will the growth rate be?
3 What are the strengths and weaknesses of the key vendors?
4 Who are the key vendors in this market space?
5 What is driving this market?
6 What are the market opportunities and threats faced by the key vendors?
7 What are the challenges to market growth?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Kiosk Market.
Table of Contents:
2 Executive Summary
3 Kiosk Market Overview
4 Kiosk Market Dynamics
5 Kiosk Market Segmentation
6 Vendor Market Share
7 Company Profiles
8 Investment Analysis
9 Future of the Market
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