openPR Logo
Press release

Potential Impact of COVID-19 on Interactive Kiosk Market

According to a new market report published by Transparency Market Research titled ‘Interactive Kiosk Market (Type: Floor Standing, Wall Mount, and Others; End-use Industry: Retail & Hospitality, Financial Services, Healthcare, Media, Communication & Entertainment, and Government) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027, the global interactive kiosk market is expected to reach US$ 43,697.0 Mn by 2027, expanding at a CAGR of 6.1% from 2019 to 2027.

Obtain Report Details @ https://www.transparencymarketresearch.com/kiosk-market.html

In terms of volume, the global interactive kiosk market is expected to reach 8,140.6 ‘000 units by 2027, expanding at a CAGR of 5.8%. Based on region, the global market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America.

The interactive kiosk market in North America is mature and is the second-largest market globally. North America witnesses a significantly high number of non-cash transactions and this number is increasing owing to a surge in the use of interactive kiosks and ATMs. The U.S. dominates the interactive kiosk market in North America. In the U.S., as per the Diary of Consumer Payment Choice Report 2015 and 2018 by Federal Reserve, the market share of cash transactions have decrease to 30.0% in 2017 whereas share of debit and credit cards have maintained a market share of 45.0-48.0% between 2015 and 2017.


Interactive kiosks have been used for a long time in the U.S. Moreover, the versatility of interactive kiosks has been increasing for the last few years. A significantly high number of ATMs are in use in the U.S. Moreover, penetration of banking services is high in the U.S. According to the FDIC (Federal Deposit Insurance Corporation), survey in 2017: FDIC National Survey of Unbanked and Under banked Households, the share of unbanked households in the U.S. is only 6.5%. ATMs serve a major banking channel for consumers in the U.S. Consequently, the interactive kiosk market in the U.S is expanding.

Request A Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3619

Europe is the third-largest market for interactive kiosk, globally, and it is a mature market. Europe follows North America, in terms of number of non-cash transactions, globally. In Europe, the U.K., Germany, and France are prominent markets for interactive kiosks. The baking industry is mature in Europe, and ATMs are a major banking channel. Rise in card payment and mobile commerce is driving the demand for interactive kiosks.


China is a prominent market for interactive kiosk in Asia Pacific, followed by Japan and India. In terms of ATM volume, China is a major market and accounts for more than 75.0% share of the global ATM market. India is also a prominent interactive kiosk market and demand for ATMs is increasing in India. In both China and India, rise in millennial population, increase in penetration of digital technologies, and government initiatives for financial inclusion are boosting the number of banking consumers. Consequently, banks are introducing ATMs in order to serve this large pool of new consumers. Japan is a major exception to this trend, as the number of ATMs has declined in Japan, as the cost and maintenance of an ATM in the country is higher than the fee it generates. The number of ATMs is expected to rise in other countries in Asia Pacific also, such as Myanmar, Bangladesh, and Pakistan.

Latest press Release by TMR: https://www.prnewswire.com/news-releases/increasing-adoption-of-smart-technologies-to-propel-fans-and-blowers-market-forward-tmr-301154907.html

Contact us:

Transparency Market Research
State Tower,
90 State Street, Suite 700,
Albany NY - 12207,
United States
Tel: +1-518-618-1030

TMR offers meticulously researched market studies. We are leaders in providing cutting-edge market intelligence reports that are brought out of more than 5 million hours of expertize in market intelligence at the global, national, and local levels.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Potential Impact of COVID-19 on Interactive Kiosk Market here

News-ID: 2177163 • Views: 108

More Releases from Transparency Market Research

Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
OEM Insulation Market Growth, Trends and Value Chain 2019-2027 by TMR
OEM Insulation Market – Overview OEM means Original Equipment Manufacturer that indicates to a company that produces a part or a subsystem of a product that is being used by another organization. Thermal insulation or simply insulation allows the product to cut down the heat gain or loss at the minimum by creating a barrier between the surfaces at the varying temperatures. There are wide range of applications and end-use verticals

All 5 Releases


More Releases for ATM

ATM Market 2019 Analysis & Forecasts to 2027
The ATM Market supports various industries, product manufacturers, organizations, vendors, and suppliers by opening doors for them with many opportunities to expand their business at the global and regional level. Some of the major market holders at the global and regional level are competing with one another and developing organizations in terms of sales, supply, manufacturing quality products, revenue generation, and providing satisfactory after-sales services to the clients. The report also
MaxCash Provides Mobile ATM Solution for Events
SPRINGFIELD, MO – JUNE 2, 2019 – Non-bank ATM provider MaxCash satisfies the demand for easy access to cash at trade shows, festivals and other events. The independent ATM provider operates in Missouri, Arkansas, Kansas and Oklahoma. Its full-service program provides a costless solution for event hosts in need of mobile ATMs. When attendees withdraw money from an ATM at an event, they usually spend that money at the event. It satisfies
Next-Gen ATM Market Report 2018: Segmentation by Solution (Deployment and Manage …
Global Next-Gen ATM market research report provides company profile for DIEBOLD INC., Euronet, Fujitsu, GRG Banking, HESS Terminal Solutions GmbH & Co., Hitachi Payment Services Pvt. Ltd., Nautilus Hyosung, NCR Corporation, Triton Systems of Delaware LLC, Wincor Nixdorf AG. and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of
Atm Market
The ATM Industry Association estimates that there are more than 3 million ATM machines spread across the world. ATM machines have enabled customers to withdraw cash and conduct financial transactions instantaneously without the need of human interaction in the form of a bank teller, cashier or clerk. Persistence Market Research felt the time was ripe to study the ATM market in a new report titled ‘Automated Teller Machine (ATM) Market:
Global ATM Machine Market Research Report 2017
“Global ATM Machine” is a comprehensive market study, which has been created with a sole goal to armor existing and new players to gain advantage over their competitors. For the development of the report, proven research methodology and reliable analytical tools are applied to gain accurate understanding and insightful foresight into its potential development. The report presents figurative scenario of the market in current situation as well as forecasts the
ATM Market Rugged Expansion Foreseen by 2021
ATM is the abbreviation used for “Automatic Teller Machine”, which is a product of technological advancement developed to enhance the financial services such as cash withdrawals, funds transfer, cash deposit, transactions as payment of bills by credit card or debit card, mini statements and other financial enquiries. ATM does all these processes by an accessing personal identification number (PIN) & a plastic card having a magnetic strip over it containing