Self-Service Kiosks Are Slated To Garner A Value Of US$ 79.5 Bn by 2032

From 2017 to 2021, the global self-service kiosk market registered significant gains, expanding at a CAGR of nearly 7%. In the past half-decade, self-service kiosks have seen significant growth in use, owing to the rising food and retail sector.
However, due to the COVID-19 pandemic in FY-2020, growth of the industry was hindered. Trade restrictions, supply-chain disruptions, and lockdowns were some of the factors that dented sales. Future trend of the industry is voice-based self-service kiosks, as touch-based self-service kiosks are becoming unpopular due to the COVID-19 pandemic.

Demand has been rising for self-service kiosks at airports, self-service kiosks for hotels, interactive kiosks at hospitals, and across many sectors. The market is set to grow at an impressive 11% CAGR over the forecast period (2022-2032) due to increasing benefits of self-service kiosks.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:https://www.factmr.com/connectus/sample?flag=S&rep_id=5783

𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗣𝗿𝗶𝗺𝗮𝗿𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 𝘁𝗵𝗮𝘁 𝗚𝗲𝗻𝗲𝗿𝗮𝘁𝗲 𝗗𝗲𝗺𝗮𝗻𝗱 𝗳𝗼𝗿 𝗦𝗲𝗹𝗳-𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗞𝗶𝗼𝘀𝗸𝘀?

During the assessment period, consumers are expected to demand more customized and user-friendly self-service kiosks. Consumers are predominantly embracing self-service kiosk technologies in areas such as shopping malls, airports, hospitals, etc., which can reduce waiting time, and are customized and interactive.
These factors will drive self-service kiosk penetration as more and more retail, healthcare, and convenience stores are opting for automated self-service kiosks. Over the assessment period, adoption of physical barcode scanners along with self-checkout counters for payment is set to drive market expansion. Food chains such as Taco Bell and McDonald's are installing self-service kiosks in good numbers, which has led to increase in overall footfall.

𝗪𝗵𝗶𝗰𝗵 𝗥𝗲𝗴𝗶𝗼𝗻 𝗢𝗳𝗳𝗲𝗿𝘀 𝗚𝗿𝗲𝗮𝘁 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗳𝗼𝗿 𝗦𝗲𝗹𝗳-𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗞𝗶𝗼𝘀𝗸 𝗜𝗻𝘀𝘁𝗮𝗹𝗹𝗮𝘁𝗶𝗼𝗻?

Asia Pacific currently holds a majority of the market share for self-service kiosks, with China accounting for around 30% share in the region. Growing urbanization and customer preference for customized operations through self-service kiosks are major drivers in the region. Moreover, convenient and contactless payments with growing acceptance in the financial sector are also a major factor for the region's growth in this space.
In terms of value and volume, North America is seeing exponential growth in the market. The North American market is being driven by demand for quick shopping experiences and decreased queue wait timed.

𝗖𝗮𝘁𝗲𝗴𝗼𝗿𝘆-𝘄𝗶𝘀𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀
𝗪𝗵𝗶𝗰𝗵 𝗦𝗲𝗹𝗳-𝘀𝗲𝗿𝘃𝗶𝗰𝗲 𝗞𝗶𝗼𝘀𝗸 𝗧𝘆𝗽𝗲 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝘀 𝗳𝗼𝗿 𝗛𝗶𝗴𝗵𝗲𝘀𝘁 𝗗𝗲𝗺𝗮𝗻𝗱?

High Growth Prospects Anticipated for Retail Kiosks
Retail kiosks, based on product, currently holds a majority of the market share in the self-kiosk systems space, accumulating 55% revenue. Since demand for user-friendly self-service kiosks is increasing, various retail stores are opting for more automated self-service kiosks. Self-checkout counters and barcode scanners are newly identified trends in this space.
Convenience stores such as Amazon Go, supermarkets, and dine-in restaurants are increasingly upgrading to automated systems to be ahead of their competitors for self-service kiosks in restaurants. In-store product information and display of products on a promotional basis are helping improve brand loyalty.

𝗛𝗼𝘄 𝗯𝗶𝗴 𝗶𝘀 𝘁𝗵𝗲 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗶𝗻 𝘁𝗵𝗲 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗳𝗼𝗿 𝗦𝗲𝗹𝗳-𝘀𝗲𝗿𝘃𝗶𝗰𝗲 𝗞𝗶𝗼𝘀𝗸𝘀?

Non-Cash Payment Self Service Kiosks to Remain Prominent
In terms of payment, the non-cash payment segment is expected to grow at an increasing pace. Demand for contactless payment methods have surged due to the COVID-19 impact.
People are opting for fast and customized cashless payments. Self-service payment method kiosks can be remotely accessed, which is an added advantage from the service provider's side. A CAGR of 12% is anticipated for this segment.

𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀:https://www.factmr.com/connectus/sample?flag=RC&rep_id=5783

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲

The competitive landscape of the self-service kiosk market is shaped by product innovation and strategic mergers & acquisitions. Front Runners are emphasizing capacity enhancements and global footprint expansion to leverage lucrative prospects in developing economies.
• In August 2021, NCR Corporation announced that $2.7-billion asset TruMark Financial Credit Union has selected NCR to provide a more seamless, consistent digital banking experience to its retail and business members. With NCR Digital Banking, TruMark Financial will be able to offer an intuitive experience for consumers and businesses alike.
• In October 2021, Zebra Technologies Corporation announced the acquisition of antuit.ai, a provider of artificial intelligence (AI)-powered Software-as-a-Service (SaaS) solutions specific to forecasting and merchandising for the retail and CPG industries.

𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗣𝗹𝗮𝘆𝗲𝗿𝘀:
• Advanced Kiosks
• Aila Technologies, Inc.
• ZEBRA Technologies Corporation
• Embross
• IER, Kiosk Information Systems
• Meridian Kiosks
• NCR Corporation
• REDYREF
• Source Technologies.

𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀 𝗶𝗻 𝗦𝗲𝗹𝗳-𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗞𝗶𝗼𝘀𝗸 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵
Product
• Food Self-service Kiosks
• Beverage Self-service Kiosks
• Retail Self-service Kiosks
• Parking Self-service Kiosks
• Electric Vehicle Charging Self-service Kiosks
• Patient Interactive Self-service Kiosks
• Information Self-service Kiosks
• Employment Self-service Kiosks
• Check-in Self-service Kiosks
• Automated Teller Machines

Payment Method
• Cash Payment Self-service Kiosks
• Non-cash Payment Self-service Kiosks

End User
• Self-service Kiosks for Banking & Financial
Services
• Self-service Kiosks for Healthcare
• Self-service Kiosks for Retail
• Self-service Kiosks for Hospitality
• Self-service Kiosks for Transportation

𝗙𝗼𝗿 𝗶𝗻-𝗱𝗲𝗽𝘁𝗵 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀, 𝗕𝘂𝘆 𝗡𝗼𝘄 -https://www.factmr.com/checkout/5783

𝗛𝗼𝘄 𝗛𝗮𝘀 𝗖𝗢𝗩𝗜𝗗-𝟭𝟵 𝗜𝗺𝗽𝗮𝗰𝘁𝗲𝗱 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗲𝗿𝘀 𝗼𝗳 𝗦𝗲𝗹𝗳-𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗞𝗶𝗼𝘀𝗸𝘀?

The COVID-19 pandemic, in a way, has impacted the market as well as been seen as a driver for self-service kiosk manufacturers. Trade restrictions, supply-chain disruptions, and lockdowns were factors that dented self-service kiosk sales in 2020.
However, more people are embracing the use of self-service kiosks that can minimize human-to-human contact and help in reducing the spread of the virus. Moreover, new trends such as voice-based self-service kiosks are picking up pace in the market, as they offer much more safety to consumers.

𝗙𝗼𝗿 𝗠𝗼𝗿𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀:

https://www.prnewswire.com/news-releases/cannula-market-is-expected-to-reach-us-250-million-growing-at-a-cagr-of-6-2-by-2032-reveals-factmr-301649486.html

https://www.prnewswire.com/news-releases/heavy-machinery-maintenance--repair-demand-is-set-to-reach-a-valuation-of-us-284-bn-billion-2032-owing-to-technology-integration-into-service-offerings--factmr-301650603.html

https://www.prnewswire.com/news-releases/cardiac-rehabilitation-devices-sales-to-reach-us-2-7-bn-by-2032--growing-at-a-cagr-of-5--report-factmr-301650716.html

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