Report ID: UCMIG45I2093
Report ID:
UCMIG45I2093 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
the global bank kiosk market exhibited a valuation of approximately USD 16.26 billion in the year 2022. Moreover, analysts predict that this market is poised for substantial growth, with an anticipated compound annual growth rate (CAGR) of 14.7% from 2023 to 2030. These projections highlight the increasing demand for bank kiosks worldwide, driven by factors such as enhanced customer convenience, cost-effectiveness, and the rising adoption of self-service banking solutions. As financial institutions continue to embrace digital transformation and prioritize customer-centric services, the bank kiosk market is expected to witness robust expansion over the next decade.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Technology Hardware, Storage & Peripherals by segment aggregation, the contribution of the Technology Hardware, Storage & Peripherals in Technology Hardware & Equipment and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG45I2093