LONDON--(BUSINESS WIRE)--The global self-service kiosk market size is poised to grow by USD 2.05 billion during 2019-2023, according to a new report by Technavio, progressing at a CAGR of more than 4% during the forecast period.
Read the 139-page research report with TOC on "Self-Service Kiosk Market Analysis Report by end-user (retail, travel and tourism, healthcare, financial services, and others), and geography (North America, Europe, APAC, MEA, and South America) 2019 - 2023." Request a Free Sample Report
The market is driven by the increasing adoption of contactless payment. In addition, the growing investments in smart parking will further boost the growth of the self-service kiosk market.
The popularity of contactless payments have increased significantly over the last few years, as it offers a fast, convenient, and secure way to complete transactions to the customers. Contactless payments also help merchants in improving the in-store payment experience by minimizing the waiting time. This increases the demand for self-service kiosks as they are equipped with contactless payments terminals to help complete transactions within seconds. Thus, the rising adoption of contactless payments will drive the growth of the global self-service kiosk market during the forecast period.
The rising number of vehicles have led to traffic congestion and difficulty in finding parking slots, resulting in the loss of productive man-hours. This has pushed both public and private traffic management operators and parking service providers to implement smart parking management solutions. As a result, the demand for self-service kiosk is increasing as they enable quick parking access and transactions using integrated parking solutions. Thus, the growing investments in smart parking will drive the self-service kiosk market growth during the forecast period.
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The report includes detailed profiles of the leading companies & prominent vendors of the market:
- Diebold Nixdorf Inc.
- NCR Corp.
- Posiflex Technology Inc.
- ACRELEC Group
Market Segmentation by End-User:
The self-service kiosk market can be broadly categorized into the following segments:
- Travel and tourism
- Financial Services
Key Regions for the Self-Service Kiosk Market:
Featuring a breakdown of region-wise market shares until 2019.
- North America
- South America
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
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