At 8.7% of CAGR, Interactive Kiosk Market Projected to Hit $29.14 Billion By 2026 | Rise in Adoption of Touch Enabled Devices Boosts the Market Growth
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Driving Factors for the Market:
Surge in demand for automated systems, rise in adoption of interactive system in retail application, increase in inclination toward self-service systems, and growth in adoption of touch enable devices have boosted the growth of the global interactive kiosk market.
However, stringent government regulations related to vending machines and high cost of self-service system hamper the market growth. On the contrary, high adoption of tele-kiosks with Global Positioning System (GPS) technology is expected to create lucrative opportunities in the near future.
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Self-Service Kiosk Segment Held the Largest Share:
The self-service kiosk segment held the largest share in 2018, contributing to more than two-fifths of the global interactive kiosk market, owing to rise in demand for enhanced kiosks from different industry verticals including retail, banking, and consumer. However, the bank kiosk segment is projected to register the fastest CAGR of 11.6% during the forecast period, owing to increasing demand for self-service banking kiosks and rise in financial institution security threats.
BFSI Segment to Portray the Fastest Growth Through 2026:
The BFSI segment is anticipated to manifest the fastest CAGR 12.4% during the forecast period, owing to growing trends of digitization in the BFSI industry. However, the retail segment dominated the global interactive kiosk market in 2018, contributing to more than one-fourth of the market, due to enhanced technology in the retail industry such bright contrast and prolonged service life of displays.
North America to Dominate the Market:
The global interactive kiosk market across North America held the largest share in 2018, contributing to two-fifths of the market, owing to rise in adoption of touchscreen kiosks in the government and retail sector. However, the market across the Asia-Pacific region is expected to manifest the fastest CAGR of 13.0% during the forecast period, owing to surge in demand for interactive Kiosks and touch technology.
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Major Market Players:
1. NCR Corporation
2. Advantech Co., Ltd.
3. Kiosk Information Systems
4. Advanced Kiosks
5. Meridian Kiosk
6. Source Technologies
7. Diebold Nixdorf Incorporated
9. TouchScreen Solutions
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Global Interactive Kiosk Market, By Type
Chapter 5: Global Interactive Kiosk Market, By Industry Vertical Region
Chapter 6: Global Interactive Kiosk Market, By Region
Chapter 7: Competitive Landscape
Chapter 8: Company Profile
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Global Interactive Kiosk Industry
Global Interactive Kiosk Industry In this report, the global Interactive Kiosk market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Global Interactive Kiosk market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Diebold IBM KIOSK Information Systems NCR