According to this market research report "Bank Kiosk Market
by Type (Single-Function, Multi-Function & Virtual/Video Teller
Machine), Offering (Hardware, Software, & Services), Distribution
(Rural, Semi-Urban, Urban, & Metropolitan), & Geographic
Analysis - Forecast to 2022", the bank kiosk market was valued
at USD 170.2 Million in 2015 and is expected to reach USD 826.7 Million
by 2022, at a CAGR of 24.58% between 2016 and 2022. It registered a
shipment of 11,336 units in 2015 and is expected to reach 60,071 units
by 2022, at a CAGR of 26.12% during the forecast period
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Browse 68 market data tables and 72 figures spread through 167 pages and in-depth TOC on “Bank Kiosk Market - Forecast to 2022"
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Factors such as enhanced customer services offered by interactive kiosks and reduction in the overall operational costs are driving the growth of the bank kiosk market.
Hardware component expected to hold the largest market share during the forecast period
The hardware component held the largest share of the bank kiosk market in 2015, followed by services. The hardware components attached with a banking kiosk enable customers to perform banking operations with ease. These components include card readers, card dispensing machines, printers, touchscreens, keyboards, barcode readers, and scanners.
Multi-function kiosk market in bank kiosk expected to grow at the highest CAGR between 2016 and 2022
Combining different functionalities in one kiosk has helped various organizations to reduce their capital expenditure on purchasing separate machines. The less capital expenditure for application development, equipment purchases, installation, and maintenance is the major factor driving banks to adopt multi-function kiosks over single-function kiosks.
Bank kiosk market in APAC likely to grow at a high CAGR during the forecast period
The bank kiosk market in APAC is driven by the rapidly expanding banking and financial sector in several countries such as India and China. Factors such as the banking laws issued by the Reserve Bank of India (RBI) for issuing new bank licenses to promote the rise in number of banks in the country, the incorporation of modern technology in the industry, and initiatives taken by the banks in China to combine technology and finance to cut down labor costs and bring about a more technical approach to banking drive the bank kiosk market in APAC.
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Major players operating in the bank kiosk market include Nautilus Hyosung (Japan), Hitachi-Omron Terminal Solutions (Japan), GRGBanking (China), NCR Corp. (U.S.), Diebold, Inc. (U.S.), Glory Global Solution (International) Limited (U.K.), Auriga SpA (Italy), Oki Electric Industry Co., Ltd. (Japan), Shenzhen Yihua Computer Co., Ltd. (China), Cisco Systems, Inc. (U.S.), Inspur Technologies Co., Ltd (China), and KAL ATM Software (U.K.).
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
• Download Informational PDF Brochure :-
http://www.marketsandmarkets.com/pdfdownload.asp?id=139905211
Browse 68 market data tables and 72 figures spread through 167 pages and in-depth TOC on “Bank Kiosk Market - Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/bank-kiosk-market-139905211.html
Early buyers will receive 10% customization on reports.
Factors such as enhanced customer services offered by interactive kiosks and reduction in the overall operational costs are driving the growth of the bank kiosk market.
Hardware component expected to hold the largest market share during the forecast period
The hardware component held the largest share of the bank kiosk market in 2015, followed by services. The hardware components attached with a banking kiosk enable customers to perform banking operations with ease. These components include card readers, card dispensing machines, printers, touchscreens, keyboards, barcode readers, and scanners.
Multi-function kiosk market in bank kiosk expected to grow at the highest CAGR between 2016 and 2022
Combining different functionalities in one kiosk has helped various organizations to reduce their capital expenditure on purchasing separate machines. The less capital expenditure for application development, equipment purchases, installation, and maintenance is the major factor driving banks to adopt multi-function kiosks over single-function kiosks.
Bank kiosk market in APAC likely to grow at a high CAGR during the forecast period
The bank kiosk market in APAC is driven by the rapidly expanding banking and financial sector in several countries such as India and China. Factors such as the banking laws issued by the Reserve Bank of India (RBI) for issuing new bank licenses to promote the rise in number of banks in the country, the incorporation of modern technology in the industry, and initiatives taken by the banks in China to combine technology and finance to cut down labor costs and bring about a more technical approach to banking drive the bank kiosk market in APAC.
• Inquiry Before Buying :-
http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=139905211
Major players operating in the bank kiosk market include Nautilus Hyosung (Japan), Hitachi-Omron Terminal Solutions (Japan), GRGBanking (China), NCR Corp. (U.S.), Diebold, Inc. (U.S.), Glory Global Solution (International) Limited (U.K.), Auriga SpA (Italy), Oki Electric Industry Co., Ltd. (Japan), Shenzhen Yihua Computer Co., Ltd. (China), Cisco Systems, Inc. (U.S.), Inspur Technologies Co., Ltd (China), and KAL ATM Software (U.K.).
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
