Dublin, Oct. 24, 2023 (GLOBE NEWSWIRE) -- The "Global Self-Service Kiosk Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global self-service kiosk market is poised for substantial growth, with an expected value of $43.65 billion by 2028, up from $26.45 billion in 2022, representing a CAGR of 8.71% during the forecast period from 2022 to 2028.
This report provides an in-depth analysis of the global self-service kiosk market, encompassing market trends, opportunities, restraints, and key insights.
Market Trends and Opportunities
- Rising Consumer Preference for Contactless Payment Processing: Consumers increasingly prefer contactless payment methods, such as mobile wallets and NFC, for their speed and convenience, driving the adoption of self-service kiosks.
- User-Friendly Service for Consumers: Providing a user-friendly experience is crucial for enhancing consumer satisfaction and driving adoption. User insights, convenience, intuitive interfaces, and accessibility support play key roles in achieving this.
Industry Restraints
- Lack of Technological Advancement in Low- and Middle-Income Countries: Low awareness, high costs, and the perception of self-service kiosks as luxury products hinder their adoption in developing markets.
Product Segmentation
The market is divided into two main product segments:
- Hardware
- Software & Services
Area Segmentation
The self-service kiosk market is categorized by area:
- Indoor
- Outdoor
End-User Segmentation
End-users include various industries:
- Food & Beverage
- Retail
- Travel & Tourism
- Financial
- Healthcare
- Government
- Others
Geographical Analysis
North America dominates the global self-service kiosk market, accounting for over 40% of the market share in 2022. The region's growth is driven by increasing demand for automated and contactless solutions across industries.
Competitive Landscape
The market is highly competitive, with both local and international players vying for market share. Key players in the global self-service kiosk market include:
- Advanced Kiosks
- Aurionpro Solutions
- Cammax
- Diebold Nixdorf
- DynaTouch Corporation
- Elo Touch Solutions
- Embross
- Fabcon
- Frank Mayer and Associates
- GLORY
- GRGBanking
- Honeywell International
- Kiosk Group
- KIOSK Information Systems
- LamasaTech
- Lilitab
- Meridian Kiosks
- NCR Corporation
- Olea Kiosks
- Parabit
- Pyramid Group
- Qwick Media
- REDYREF
- Samsung Electronics
- SiteKiosk
- Slabb Kiosks
- Source Technologies
- Thales Group
- Wavetec
- Zebra Technologies
Continuous innovation and upgrades are vital to meet customer demands in the rapidly evolving technological landscape.
Key Questions Answered
- How big is the self-service kiosk market?
- What is the growth rate of the global self-service kiosk market?
- Which region dominates the global self-service kiosk market share?
- What are the significant trends in the self-service kiosk market?
- Which end-user segment dominated the global self-service kiosk market in 2022?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 365 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $26.45 Billion |
| Forecasted Market Value (USD) by 2028 | $43.65 Billion |
| Compound Annual Growth Rate | 8.7% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/bsp3ja
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