- The emerging trend of digital payments and cashless transactions results in high demand for interactive kiosk tools
- Rise in use of interactive kiosks in numerous end-use industries escalates its demand on a global scale
WILMINGTOM, Del., Dec. 7, 2022 /PRNewswire/ -- According to the interactive kiosk market research report published by Transparency Market Research, the global market was valued at US$ 28.4 Bn in 2021 and is projected to expand at a CAGR of 6.0% from 2022 to 2031.
An interactive kiosk is a computer set up in a public space that offers users an easy way of interacting with digital information and content. Demand for interactive kiosks is rising globally due to their expanding use in a variety of end-use industries for a range of purposes, such as check-in tickets, patient interaction, advertisements, parking, and electronic product charging. These factors are predicted to drive the market during the forecast period, 2022-2031.
Rapid evolution and upgrade of technologies that offer improved visual representation across a wide range of industries, such as education, sports & entertainment, and transportation, is driving the growth of the interactive kiosk market. Interactive kiosks enable businesses to simultaneously distribute multimedia content across many branches and locations. Real-time updates, remote management, and other features improve the system's efficacy. This factor is likely to have a significant impact on the development of the global market as interactive kiosks are technological interfaces that enable users to use a service independently without assistance from a service provider.
Request Sample Report at - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3619
Interactive Kiosk Market: Growth Drivers
- The pandemic has influenced consumer perceptions about cashless payments. Governments in developing nations across the globe are implementing digital payments, which enable cashless transactions from any location in the world. The market size for interactive kiosks is expected to increase significantly during the forecast period as a result of these important aspects.
- Payment practices have changed as a consequence of the rapid application of cutting-edge technology such as interactive kiosks, and real-time payment acceptance. Transition from traditional retail to online commerce and the sophistication of banking applications have proved to be game changers for the global interactive kiosk industry.
- Customers can directly discover everything they need and compare prices with the aid of kiosks. They can also get access to the list of registered products and review specific product information without human intervention. Besides, the kiosks help customers to select a product or service, view it on a screen, and then confirm the order. Interactive kiosks provide an enhanced consumer experience and this important factor ultimately boosts sales.
Get discounted prices on your first purchase! Limited-time offer!
Contact our market research expert at - https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=3619
Key Findings of Global Interactive Kiosk Industry
- The automated teller machine (ATM) segment commands the largest share of the market in terms of product type. ATMs provide convenience to customers and continuously support a variety of financial services digitally which has proved to be crucial for the interactive kiosk industry growth.
- Many businesses in the retail and food & beverage industries are increasingly introducing vending kiosks in an effort to improve the shopping experience. Interactive vending machines accept cash or payment tokens before dispensing goods. They dispense products such as packaged foods and beverages, medicines, and other commodities most frequently.
- In terms of category, floor-standing kiosks are the industry leader based on convenience in mounting. These kiosks are available in a variety of sizes and shapes. Furthermore, the usage of wall-mounted interactive kiosks is gaining momentum worldwide due to a lack of space. Interactive kiosks of all sizes, including countertops, table-mounted, outdoor, and other varieties, fall under this category. Rising popularity of these products has opened new growth avenues for the global interactive kiosk business.
Global Interactive Kiosk: Regional Assessment
Asia Pacific dominates the global market for interactive kiosks due to the expansion of organized financial services in this region. The market in North America is projected to grow during the course of the forecast period, attributed to the rising preference for digital payments in the region.
Make an Inquiry before Buying - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=3619
Global Interactive Kiosk: Key Players
Leading players operating in the global market are:
- KIOSK Information Systems
- Peerless Industries, Inc.
- NCR Corporation
- Olea Kiosks
- Meridian Kiosks,
- DynaTouch Corporation
Global Interactive Kiosk Market: Segmentation
Product Type
- Automated Teller Machines (ATMs)
- Self-checkout Kiosks
- Self-service Kiosks
- Vending Kiosks
- Others (Information Kiosk, Ticketing Kiosk, etc.)
By Category
- Indoor
- Outdoor
- Mounting Type
- Floor Standing
- Wall Mount
- Others (Countertop, Table Mount, etc.)
By End-use
- Retail & Hospitality
- Financial Services
- Healthcare
- Others (Media, Communication & Entertainment, Government, etc.)
- Distribution Channels
- Direct Sales
- Indirect Sales
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- U.K.
- France
- Germany
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America
Consumer Goods Research Reports
Outdoor Ice Rink Market Share - The market for outdoor ice rink in North America was valued at US$ 186.0 Mn in 2021, it is estimated to grow at a CAGR of 3.4% from 2022 to 2031 and reach US$ 261.0 Mn by the end of 2031
Toilet Market Demand - The global toilet market size was valued at US$ 8.3 Bn in 2021, It is estimated to grow at a CAGR of 7.6% from 2022 to 2031 and reach US$ 17.3 Bn by the end of 2031
Craft Rum Industry Growth - The global craft rum market is estimated to grow at a CAGR of 5.5% from 2022 to 2031 and reach US$ 2.5 Bn by the end of 2031
Turbidimeter Market Trends - The global turbidimeter market is expected to reach US$ 1.7 Bn by the end of 2031, It is estimated to grow at a CAGR of 5.5% from 2022 to 2031
About Transparency Market Research
Transparency Market Research registered at Wilmington, Delaware, United States, is a global market intelligence company provides syndicated research reports and business consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
Logo: https://mma.prnewswire.com/media/1682871/TMR_Logo_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/interactive-kiosk-market-size-expected-to-reach-us-49-9-billion-by-end-of-2031--tmr-research-301697153.html
