Self-Service Kiosk Market Forecast 2023-2028


Posted April 18, 2023 by sandycool

Self-Service Kiosk Market was worth US$ 28.9 billion in 2022, and it is estimated to reach a valuation of US$ 36.5 billion by the end of 2028

 
Self-Service Kiosk Market was worth US$ 28.9 billion in 2022, and it is estimated to reach a valuation of US$ 36.5 billion by the end of 2028, expanding at an annual growth rate of 4.8% between 2023 and 2028.

Market Drivers:

The driving force of the Self-Service Kiosk Market is that it offers considerable benefits to both customers and service providers. The adoption of self-service kiosks reduces labor and infrastructure setup and thus optimizes the overall business cost. The adoption of Kiosks is increasing in the retail sector, through which self-service kiosks retailers are displaying their range of products and offers to the customers without any representative. The self-service Kiosk provides several ways for a business to improve customer service, experience, and investment return.

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Market Restraints:

Self-Service Kiosks are prone to theft and security issues if not maintained or abided by any regulations. A person uses their debit/credit cards for cashless payments and provides personal information to the server; there is a possibility of hacking or misusing information by a third party. Public Kiosks are subject to hacking. For example, the misuse of bank kiosks and cards is a significant cybercrime observed in self-kiosk services. Due to theft and security issues, customers are keeping away from adopting such online services that restrict the growth of the Self Kiosk Service market in the period between 2022 and 2027.

Market Segmentation:

Self-Service Kiosk Market by Component Type:

Hardware
Software
Self-Service Kiosk Market by Product Type:

Food & Beverage Kiosk
Parking Kiosk
Retail Kiosk
Patient Interactive Kiosk
Information Kiosk
Check-in Kiosk
Others
Electric Vehicle Charging Kiosk
Automated Teller Machine
Employment Kiosk
Self-Service Kiosk Market by Payment Method:

Cash Payment
Non-cash Payment
Self-Service Kiosk Market by End-users:

Retail
Food & Beverage
Government
Healthcare
Travel & Tourism
Financial Services
Others
Regional Analysis:

Self-Service Kiosk Market has been categorized into four regions:

North America
Europe
Asia-Pacific
Latin America
The Middle East and Africa
The rapid adoption of self-service kiosks and the increasing investment in establishing retail stores drive the market's growth. Moreover, increasing the customer's disposable income and reduction in leisure time leads to quick shopping experiences. In addition, the well-developed bank infrastructure and quick-service restaurants drive the growth of self-service kiosks in this region, especially in the United States, between 2022 and 2027.

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Covid-19 Impact on Self-Service Kiosk Market:

The COVID-19 outbreak has significantly impacted the Global Self-Service Kiosk Market. During the pandemic, the contactless service of kiosks was becoming very blissful as there was fear of spreading deadly diseases

Major Key Players Involved In Self-Service Kiosk Market:

Some of the leading companies operating in the Self-Service Kiosk Market are:

Fujitsu
KIOSK Information Systems (US)
Olea Kiosks Inc. (US)
Frank Mayer and Associates, Inc. (US)
Source Technologies (US)
NCR Corporation (US)
Diebold Nixdorf (US)
Emboss (Canada)
Meridian Kiosks (US)
REDYREF Interactive Kiosks (US)
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Tags selfservice kiosk market trends , selfservice kiosk market growth , selfservice kiosk market values
Last Updated April 18, 2023