Interactive Kiosk Market expected to reach $32.8 billion by 2025

The report "Interactive Kiosk Market by Offering (Hardware and Software & Services), Type (Bank Kiosks, Self-service Kiosks, and Vending Kiosks), Location (Indoor and Outdoor), Panel Size (17”-32” and Above 32”), Vertical, and Region - Global Forecast to 2025", is expected to grow from USD 26.2 billion in 2020 to USD 32.8 billion by 2025, at a CAGR of 4.6%. The growth of this market is driven by factors such as enhanced shopping experience for customers, lower investment costs than traditional outlets, enhanced applications other than conventional ones, and innovations in touch screen display and glass technology.

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Browse 103 market data Tables and 51 Figures spread through 150 Pages and in-depth TOC on "Interactive Kiosk Market"

Some of the major players operating in the interactive kiosk market are KIOSK Information Systems (US), Olea Kiosks Inc. (US), Frank Mayer and Associates, Inc. (US), Source Technologies (US), NCR Corporation (US), Diebold Nixdorf (US), Embross (Canada), Meridian Kiosks (US), REDYREF Interactive Kiosks (US), lilitab, LLC (US).

Interactive kiosk market for bank kiosks expected to grow at the highest CAGR during the forecast period

Interactive kiosks are largely used for banking and financial services. The market for bank kiosks is expected to register the highest CAGR during the forecast period. The bank kiosks, through their ability to perform different functions, provide more convenient, flexible, high-performance, point-of-interaction solutions to consumers for their banking activities. The customers can complete standard transactions and get remote assistance for complex transactions through these kiosks.

Panel size above 32” is expected to grow at higher CAGR from 2020 to 2025

The market for above 32” interactive kiosks are expected to grow at a higher CAGR from 2020 to 2025. These large-sized displays are very expensive. Hence, they are primarily used in some niche applications. However, improved product performance and reduced cost are expected to open up new application areas for these displays in the corporate, educational, hospitality, and retail sectors during the forecast period.

APAC expected to grow at highest CAGR during forecast period

The interactive kiosk market is rapidly expanding in APAC. The growth of the market in APAC can also be attributed to the advancements in technology and emergence of new business models. The booming retail sector and emerging infrastructures in the region would further facilitate the growth of the kiosks in the APAC region. The growing popularity of kiosk products, large potential customer base, and technological advancements taking place in countries such as India and China are the factors contributing to the growth of the interactive kiosk market in APAC.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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Interactive Kiosk Market Trends and Prospects by $32.8 billion by 2025

The report "Interactive Kiosk Market by Offering (Hardware and Software & Services), Type (Bank Kiosks, Self-service Kiosks, and Vending Kiosks), Location (Indoor and Outdoor), Panel Size (17”-32” and Above 32”), Vertical, and Region - Global Forecast to 2025", is expected to grow from USD 26.2 billion in 2020 to USD 32.8 billion by 2025, at a CAGR of 4.6%. The growth of this market is driven by factors such as enhanced shopping experience for customers, lower investment costs than traditional outlets, enhanced applications other than conventional ones, and innovations in touch screen display and glass technology.

• Download Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221409707
 
Some of the major players operating in the interactive kiosk market are KIOSK Information Systems (US), Olea Kiosks Inc. (US), Frank Mayer and Associates, Inc. (US), Source Technologies (US), NCR Corporation (US), Diebold Nixdorf (US), Embross (Canada), Meridian Kiosks (US), REDYREF Interactive Kiosks (US), lilitab, LLC (US).

Browse 56 market data tables, 52 figures spread through 154 pages and in-depth TOC on “System in Package Market - Global Forecast to 2023”

Market for vending kiosks is expected to hold largest share during forecast period

The interactive kiosk market based on type is segmented into bank kiosks, self-service kiosks, and vending kiosks. The vending kiosks segment held the largest share of market in 2019. Vending kiosk is primarily used in retail stores, quick-service restaurants, hotels, airports, railway stations, malls, and so on. Growing retail stores, coupled with an increasing need to expand virtual space in retail outlets, is one of the factors driving the growth of vending kiosks across the globe. In addition to this, secure payment gateways and increased efficiency of operations also fuel the growth of this market.

Market for indoor kiosks is expected to hold larger market share during forecast period

On the basis of location, the market is divided into indoor and outdoor. The indoor interactive kiosks are majorly used in malls, healthcare centers, government and corporate offices, banks, airports, casinos, and so on. An indoor kiosk can help attract customers if deployed in a crowded place. The growing interest in automation and self-service technology majorly in the retail, banking, entertainment, transportation, and hospitality sectors are contributing to a larger share for indoor kiosks in the market.

Retail vertical expected to hold largest market share during forecast period

The interactive kiosk market based on verticals has been segmented into retail, healthcare, banking and financial services, government, transportation, hospitality, entertainment, and others. The demand for interactive kiosks for retail applications is increasing as they provide information and advertise the offerings to shoppers without the need for actual entry of the shoppers in the retails stores. It also enables in-store product information and promotional displays of the products and services to attract the attention of customers. These activities also help improve brand loyalty as the products are easily available with complete information.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

Interactive Kiosk Market worth 30.53 Billion USD by 2023

According to the market research report "Interactive Kiosk Market by Type (Bank Kiosks, Self-Service Kiosks, and Vending Kiosks), Vertical (Retail, Healthcare, Banking & Financial Services, Government, Transportation, Hospitality, Entertainment), Offering, & Geography - Global Forecast to 2023", The interactive kiosk market was valued at USD 20.37 Billion in 2016 and is expected to be worth USD 30.53 Billion by 2023, at a CAGR of 5.69% between 2017 and 2023. The growth of this market is driven by the increasing interest of customers in self-service interactive kiosks and enhanced shopping experience of customers with the help of kiosks in the retail industry.

• Download Informational PDF Brochure :- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221409707

Browse 60 Market Data Tables and 55 Figures spread through 164 Pages and in-depth TOC on "Interactive Kiosk Market - Global Forecast to 2023"

https://www.marketsandmarkets.com/Market-Reports/interactive-kiosks-market-221409707.html

Interactive kiosk market for bank kiosks expected to grow at the highest CAGR during the forecast period

Interactive kiosks are largely used for banking and financial services. It is one of the remote banking channels providing extra convenience to customers and save service cost to the bank. These types of kiosks are used in the banking and financial services sector for performing the functions of prepaid/debit card kiosks, loan kiosks, and bill payment kiosks as well as for cashing checks, transferring money, buying money orders, printing checks, accessing online banking, and printing financial statements.

Interactive kiosk market for the banking and financial services vertical expected to grow at the highest CAGR between 2017 and 2023

The self-service culture is growing at a fast rate in the market for banking and financial services. Also, the consumers are relying more on the self-service technology and Internet facility to perform various financial functions. The use of bank kiosks saves the time spent by customers in the queues for the teller machines or during transferring cash and depositing funds.

Interactive kiosk market in APAC expected to grow at the highest CAGR during the forecast period

The interactive kiosk market is rapidly expanding in APAC. The growth of the market in APAC can also be attributed to the advancements in technology and emergence of new business models. The booming retail sector and emerging infrastructures in the region would further facilitate the growth of the kiosks in the APAC region. Moreover, the economic growth in this region is attracting more investments from suppliers of the interactive kiosks.

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Some of the major players operating in the interactive kiosk market are KIOSK Information Systems (US), NCR Corporation (US), SlabbKiosks (US), Source Technologies (US), Diebold Nixdorf (US), Embross (Canada), IER SAS (France), Meridian (US), REDYREF (US), Advantech Co. (Taiwan), NEXCOM International Co. (Taiwan), and KAL (UK).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’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.

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Interactive Kiosk Market worth 30.53 Billion USD by 2023

According to the market research report “Interactive Kiosk Market by Type (Bank Kiosks, Self-Service Kiosks, and Vending Kiosks), Vertical (Retail, Healthcare, Banking & Financial Services, Government, Transportation, Hospitality, Entertainment), Offering, & Geography – Global Forecast to 2023″, The interactive kiosk market was valued at USD 20.37 Billion in 2016 and is expected to be worth USD 30.53 Billion by 2023, at a CAGR of 5.69% between 2017 and 2023. The growth of this market is driven by the increasing interest of customers in self-service interactive kiosks and enhanced shopping experience of customers with the help of kiosks in the retail industry.

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Browse 60 Market Data Tables and 55 Figures spread through 164 Pages and in-depth TOC on “Interactive Kiosk Market – Global Forecast to 2023″
 
https://www.marketsandmarkets.com/Market-Reports/interactive-kiosks-market-221409707.html

Interactive kiosk market for bank kiosks expected to grow at the highest CAGR during the forecast period

Interactive kiosks are largely used for banking and financial services. It is one of the remote banking channels providing extra convenience to customers and save service cost to the bank. These types of kiosks are used in the banking and financial services sector for performing the functions of prepaid/debit card kiosks, loan kiosks, and bill payment kiosks as well as for cashing checks, transferring money, buying money orders, printing checks, accessing online banking, and printing financial statements.

Interactive kiosk market for the banking and financial services vertical expected to grow at the highest CAGR between 2017 and 2023
 
The self-service culture is growing at a fast rate in the market for banking and financial services. Also, the consumers are relying more on the self-service technology and Internet facility to perform various financial functions. The use of bank kiosks saves the time spent by customers in the queues for the teller machines or during transferring cash and depositing funds.

Interactive kiosk market in APAC expected to grow at the highest CAGR during the forecast period

The interactive kiosk market is rapidly expanding in APAC. The growth of the market in APAC can also be attributed to the advancements in technology and emergence of new business models. The booming retail sector and emerging infrastructures in the region would further facilitate the growth of the kiosks in the APAC region. Moreover, the economic growth in this region is attracting more investments from suppliers of the interactive kiosks.

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Some of the major players operating in the interactive kiosk market are KIOSK Information Systems (US), NCR Corporation (US), SlabbKiosks (US), Source Technologies (US), Diebold Nixdorf (US), Embross (Canada), IER SAS (France), Meridian (US), REDYREF (US), Advantech Co. (Taiwan), NEXCOM International Co. (Taiwan), and KAL (UK).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” 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.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com