Global Size, Share and Scope of Interactive Kiosk Market Mar-2017

Global Interactive Kiosk Market 2017-2021
The Interactive Kiosk market report contains a comprehensive market and vendor landscape in addition
to a SWOT analysis of the key vendors for 2017-2021. The following companies are the key players in the
global interactive kiosk market: Diebold, IBM, KIOSK Information Systems, NCR, HP, LG, Panasonic,
Samsung Electronics, and Slabb. Other Prominent Vendors in the market are FLEX, IER, iKS Technologies,
Photo Finale, Meridian, Phoenix Kiosk, and Rosendahl Conceptkiosk
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Market Trend
The physically challenged population and the population belonging to the age group above 50 years are
becoming more interested in traveling the world. However, it is difficult for them to travel alone without
proper assistance and aid. Interactive kiosk developers have been focusing on the development of kiosk
systems that are easy to use by the physically disabled or the elderly. During the period of 2016-2036,
the number of people belonging to the age group above 65 years is expected to be more than 400
million globally. Statistics show that the older population tend to travel more compared to the younger
population with approximately 200 million trips booked in 2015.
In addition, nearly 500 million people belong to the physically challenged population globally, and in
2015 they spent more than $10 billion on travel and leisure. Thus, self-service kiosks are gaining
popularity in the market as it enables them to plan and organize their travel conveniently. Interactive
kiosk developers are also manufacturing user-friendly kiosks for banks and other financial services to
serve physically challenged individuals. Most of the automated banking machines installed in the banks
offer audiovisual guidance to users when plugged into a headset jack. Braille labels are also being
provided on kiosks for visually impaired individuals.
Market Driver
Interactive kiosks function as self-service tools and are an integral part of places with high footfall like
retail outlets, airports, and theaters. They are also used for various applications such as registration of
patients in the hospitals, booking movie tickets, and flight reservations. Interactive kiosks offer several
benefits to service providers and optimize costs by reducing the labor and infrastructure setup.
They also increase the ROI for retailers as they collect data about customers' preference, which can be
used to customize service offerings. In the healthcare industry, interactive kiosks are used for managing
key resources as they can carry out basic medical tests through automation that do not need a doctor's
intervention. Hence, the healthcare industry is adopting kiosks as a medium of service to save time for
doctors.
Market Challenge
Interactive kiosk industry undergoes continuous technological advances. Thus, manufacturing
companies are required to update kiosks constantly with upgraded versions, which is expensive. This