- China to Account 30% Share in the APAC Self-Service Kiosk Market
- Fact.MR's latest report on the self-service kiosk market offers a 10-year forecast through 2022 and beyond. The report explicates vital dynamics, such as drivers, restraints, and emerging opportunities shaping the market dynamics. To present the information in a more vivid manner, the report has been segmented in terms of product type, by payment method, by end-user, and region
NEW YORK, Feb. 15, 2022 /PRNewswire/ -- A Market research and competitive intelligence provider: The global self-service kiosk market is estimated to value USD 28 Bn in 2022 and reach USD 79.5 Bn by 2032. The projected CAGR of the market is 11% during the forecast period from 2022 to 2032.
Rapid technological development in the domain of security applications and digital payment like Radio Frequency Identification (RFID) and Near-Field Communication (NFC) has significantly contributed to the expansion of the global self-service kiosk market.
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The emergence of technologies such as the Internet of Things (IoT) and Artificial Intelligence (AI) are key factors escalating the market growth in the forecast period. With the growing adoption of tablets and smartphones, the market is expected to bolster significantly. Further, the lower investment costs than traditional outlets, innovations of touch screen displays, and glass technology drive the demand for self-service kiosks.
Self-service kiosks offer various services like unlimited Wi-Fi, live transit feeds, and emergency notifications. With the assistance of world-class technologies such as; cloud and machine-to-machine communication, self-service kiosks can offer cost-effective services, enhancing the demand considerably.
Report Attributes | Details |
Base Year Value (2021A) | USD 26 Bn |
Estimated Year Value (2022E) | USD 28 Bn |
Projected Year Value (2032F) | USD 79.5 Bn |
Global Growth Rate (2022-2032) | CAGR 11% |
Key Takeaways:
Growth Drivers:
Key Restraints:
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Competitive Landscape:
Prominent players in the global self-service kiosk market adopt various strategies to enhance their global reach. Some of the most common methods of market expansion are acquisitions, collaborations, partnerships, and expansions.
Some of the recent developments among the key players of the market are:
Key Companies Profiled by Fact.MR
More valuable Insights on Self-Service Kiosk Market
Fact.MR, in its report, offers a market analysis of the global self-service kiosk market analysing the forecast period through 2022 and beyond. This survey reveals the growth of technology in the self-service kiosk market with detailed segmentation as follows: -
Key Questions covered in the Global Self-Service Kiosk Market Report
Explore Fact.MR's Coverage on the Technology Domain?
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