Global Kiosks Market

Global Kiosks Market Size, Share, Growth Analysis, By Product Type(Automated Teller Machine, Retail Self-Checkout), By Components(Hardware, Software), By Industry(Retail, BFSI) - Industry Forecast 2024-2031


Report ID: SQMIG25E2073 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 96 | Figures: 76

Global Kiosks Market Insights

Kiosks Market size was valued at USD 22.69 billion in 2019 and is poised to grow from USD 25.48 billion in 2023 to USD 72.38 billion by 2031, growing at a CAGR of 12.3% in the forecast period (2024-2031).

A kiosk is a small, typically interactive display screen, digital display that businesses place in high-traffic areas to offer self-service alternatives or information. Kiosks present a wonderful opportunity to enhance business operations and customer satisfaction in the fast-paced climate of today.

Kiosks can be manned or unmanned, and unmanned kiosks can be digital or non-digital. Kiosks are frequently utilized in commercial settings where there is a lot of foot traffic. For instance, a non-digital, unmanned kiosk can be positioned close to entrances at a mall to display directions or advertising to passersby. Digital kiosks placed next to movie theatres can offer online banking or ticket sales services, and manned kiosks temporarily positioned in aisles can offer seasonal businesses with a cost-effective way to display goods.

Due to the growing use of cloud computing in Near Field Communication (NFC) devices and cashless payment systems, the kiosk market is predicted to rise. These devices include robotic analytics capabilities that rely on a core structure to store a lot of data, as well as a single-modal usability approach. Cloud and Artificial Intelligence (AI) technology may simply and affordably supply this data requirement in safe, dependable environments. The integration of cloud computing and machinery is a key emphasis for major players. The Analytics as a Service (AaaS) options that are available with these cloud computing services enable users to rapidly programme these machines without the need for external storage devices. Consequently, these technologies offer a variety of purposes and are expected to drive the market.

US Kiosks Market is poised to grow at a sustainable CAGR for the next forecast year.

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Kiosks Market size was valued at USD 22.69 billion in 2019 and is poised to grow from USD 25.48 billion in 2023 to USD 72.38 billion by 2031, growing at a CAGR of 12.3% in the forecast period (2024-2031).

One of the important techniques used by leading corporations to improve their market position is the introduction of new products. Another is partnering with technological companies. Important industry companies are also heavily spending in R&D initiatives and concentrating on setting up production infrastructure in order to develop and provide distinct and affordable self-service solutions. Due to the presence of a competent R&D department and production facilities, the Meridian, Advanced Kiosk, and Kiosk Information System have a significant market presence. 'Meridian Kiosks', 'Diebold Nixdorf, Inc.', 'REDYREF', 'NCR Corporation', 'Fujitsu Limited', 'Glory Ltd.', 'GRG Banking Equipment Co. Ltd.', 'Hitachi-Omron Terminal Solutions, Corp.', 'KIOSK Information Systems', 'Advantech Co. Ltd.', 'SlabbKiosks', 'Zebra Technologies Corporation', 'Evoke Creative Ltd.', 'Olea Kiosks, Inc.', 'Phoenix Kiosk, Inc.', 'Peerless-AV', 'SmartSource Computer & Audio Visual Rentals', 'Source Technologies', 'Verifone, Inc.', 'Wincor Nixdorf International GmbH'

In the coming years, there may be more opportunities for the expansion of the interactive kiosk market due to the incorporation of intelligent personal assistant, knowledge navigator, and other cutting-edge technologies. The market for interactive kiosks may face more challenges in the near future due to the rise in the use of tablets and mobile kiosks for online shopping.

Geo-fenced wayfinding or pathfinder kiosks display their current location as well as locations nearby. People who visit these places can learn more about their surroundings and find directions to other local venues. Wayfinding kiosks come in 2D, 2.5D, and 3D variations. These kiosks are often utilized in hospitals to help patients and their family members feel less stressed when trying to find a specific location.

North America held the largest global Kiosk market share due the presence of well-establishes and developed market for self-services kiosk systems. Additionally, the growing market is favorable since it indicates that businesses will continue to support the expansion of the interactive kiosk market in the area over the course of the projection year. Due to the presence of prominent manufacturers in the region, North America held a proportionally large share of the worldwide automated teller machine kiosk market. The market for automated teller machine kiosks in North America is expanding quickly because to the rapid rise of IT-enabled self-services in the region.

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Global Kiosks Market

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