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Self-Service Technologies Market Statistics, Size, Share, Report 2033

08-02-2024 10:34 AM CET | IT, New Media & Software

Press release from: The Business research company

Self-Service Technologies Market Statistics

Self-Service Technologies Market Statistics

The new report published by The Business Research Company, titled ""Self-Service Technologies Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the self-service technologies market size has grown strongly in recent years. It will grow from $37.3 billion in 2023 to $40.37 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The self-service technologies market size is expected to see rapid growth in the next few years. It will grow to $59.13 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%.

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Growing Demand For Self-Service Machines To Drive Self-Service Technologies Market
The rise in demand for self-service machines and automated devices will drive the self-service technologies market in the forecast period. A self-service kiosk is a touchscreen computer or interactive tablet that enables a customer to access information or services without having to speak to a live person. The increasing shift among companies operating in service industries to adapt self-service machines to reduce human resources and retain existing customers with highly effective services has increased the demands for self-service machines and automated devices across the globe. For instance, according to a PYMTS poll, self-service checkouts are used by 34.7% of retail shoppers because they have fewer lineups, and 49.4% do so because the process is quicker. Customers have quickly gotten used to tech-enabled self-service alternatives in restaurants, so it stands to reason that hotel guests would do the same. Therefore, increasing demand for self-service machines and automated devices is expected to boost demand for self-service technologies during the forecast period.

Technological Advancements Drive Innovation In Self-Service Technologies Market
Technological advancements have emerged as a key trend in the self-service technologies market. The companies operating in self-service technologies are focusing on developing innovative solutions with advanced technologies such as AI, blockchain, and others to meet the demand for self-service machines and automated devices, wireless communication, remote management and technology advancements in both rural as well as urban areas. For instance, in 2021, Fuji Electric Co., Ltd. introduced an intelligent vending machine that dispenses various hygiene products such as wet tissues, masks, and disinfectant sprays.

The self-service technologies market covered in this report is segmented -

1) By Type: ATM, Kiosks, Vending Machine
2) By Component: Hardware, Software, Services
3) By End-User: BFSI, Manufacturing, Hospitality, Retail, Healthcare, Offices, Education, Other End Users

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Major companies operating in the self-service technologies market report are KIOSK Information Systems Inc., NCR Corporation, HESS Cash Systems GmbH & Co KG, Fujitsu Limited, Glory Global Solutions Limited, Zebra Technologies Corporation, Advanced Kiosks, Protouch Manufacturing Ltd., SEDCO Holding Group, Embross Group Inc., Frank Mayer and Associates Inc., Advantech Co. Ltd., DATAIKU SAS, Denodo Technologies Inc., WorkJam Inc., env0 Inc., Optery LLC, Morty Inc., NLX Corporation, Knowmax Technologies Private Limited, Google LLC, ServiceTarget Inc., International Business Machines Corporation (IBM), Microsoft Corporation, Oracle Corporation, SAP SE, Verint Systems Inc., Avaya Inc., Cisco Systems Inc., Genesys Telecommunications Laboratories Inc.

Contents of the report:
1. Executive Summary
2. Self-Service Technologies Market Report Structure
3. Self-Service Technologies Market Trends And Strategies
4. Self-Service Technologies Market - Macro Economic Scenario
5. Self-Service Technologies Market Size And Growth
…..
27. Self-Service Technologies Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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