The global interactive kiosk market will register a strong growth of close to 7% and estimated at US$ 3.0 billion in 2022. The increasing prevalence of self-service technology across the globe is expected to fuel the growth of the Global Interactive Kiosk
Market Overview and Dynamics: Provides a sense of independence to the customers and technological advancements in the market are expected to fuel the growth of the Global Interactive Kiosks Market
The global interactive kiosks market is expected to grow at a CAGR of around 6.9% during the forecast period of 2022-2028. The prevalence of self-service payment terminals, vending machines, automated check-ins, car rental kiosks, online queue systems, self-ticketing machines, photo kiosks, employment kiosks, etc. are expected to fuel the market growth in the upcoming years.
Moreover, the increasing number of smart city projects, improving lifestyles, growing urbanization, soaring technological advancements (with the integration of cloud computing, AI, and machine learning), and rising demand for self-services are some of the factors that are driving the growth of interactive kiosks market.
In addition, the automotive industry is already being impacted positively by interactive kiosks. Self-service technology is not only changing how people buy cars, but it is also finding its way into other auto-related services like car sharing, car service, etc. The industry for electric vehicle charging kiosks has benefited from the expansion of car-sharing programs.
Global Interactive Kiosk Market: Market Segment Analysis
• Based on the location, indoor interactive kiosks dominated the market due to growing interest in automation and self-service technology, reducing labor shortages and providing ease to both the customers and the organization.
• Based on End-use, Fast-food restaurants hold a prominent share in the global interactive kiosks market owing to the increase in the customer serving capacity by QSRs and casual dining restaurants.
• Based on region, Asia Pacific holds a dominant share of the global interactive kiosks market advancements in Near-Field Communication (NFC) and Radio-Frequency Identification (RFID) in security applications.
Competition Analysis: The emergence of QSRs and casual dining venues are expected to lead the growth of the global interactive kiosks market in the upcoming years
Due to the presence of many well-established companies in the global interactive kiosks market, there is intense competition in the global interactive kiosks market. The global interactive kiosks market is expected to witness growth in the forthcoming years as more and more international brands are focusing on installing interactive kiosks at their stores to streamline the ordering and billing process.
Acquisitions, product launches, and partnerships are the identified industry trend in the global interactive kiosks market. Significant consolidation is expected in the global interactive kiosks market during the forecasting period 2022-2028.
• In May 2022, Peerless-AV® announced the EMEA launch of its new Motorised Trolley for large format displays up to 98". It is simple to set up and use, and it comes with a special feature set in line with contemporary presenting standards, such as digital height control settings and a built-in pressure sensor for safe use in any educational or corporate environment.
• In May 2022, Diebold Nixdorf was chosen by Forex for comprehensive ATM-managed services. It is enlarging its fleet with DN SeriesTM devices and outsourcing the operation of its entire ATM channel to Diebold Nixdorf.
Some of the prominent players that contribute significantly to the global Interactive Kiosk market growth are Advanced Kiosks, KIOSK Information Systems, Diebold Nixdorf Inc., RedyRef Interactive Kiosks, Source Technologies, Acrelec SAS, Frank Mayer and Associates Inc., Meridian Kiosks, Peerless-AV, Olea Kiosks Inc., Honeywell International Inc., DynaTouch Corp., Kiosk Group Inc., Lilitab LLC, Nanonation Inc., Parabit Systems Inc., Zebra Technologies Corp., TEAMSable Inc., Pyramid Computer GmbH, Self-Service Networks, and Glory Global Solutions (International) Limited among others.
RationalStat has segmented the global interactive kiosks market on the basis of type, display type, location, application, end-user, and region.
• By Type
o Check-in Kiosk
o Payment Kiosk
o Information Kiosks
o Vending kiosks
o Internet Kiosks
o Others (Wayfinding Kiosks etc.)
• By Display Type
• By Location
o By Operating System
• By Application
o Others (Order Entry etc.)
• By End User
o Fast-food Restaurants
Others (Taxi Stands etc.)
o Others (Warehouses, Gaming & Entertainment, etc.)
• By Region
o North America
o Latin America
Rest of Latin America
o Western Europe
Rest of Western Europe
o Eastern Europe
Rest of Eastern Europe
o Asia Pacific
ASEAN (Indonesia, Vietnam, Malaysia, etc.)
Rest of Asia Pacific
o Middle East & Africa
Rest of the Middle East & Africa
For more information about this report https://store.rationalstat.com/store/global-interactive-kiosks-market-trends-analysis-and-forecast/
Kimberly Shaw, Content and Press Manager
Phone: +1 302 803 5429
RationalStat is an end-to-end US-based market intelligence and consulting company that provides comprehensive market research reports along with customized strategy and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client's needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
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