North America Will Remain a Highly Profitable Market for Interactive & Self-Service Kiosk
Over 2022
According to the recent report published by Persistence Market Research (PMR), the global
interactive and self-services kiosk market will reach a valuation in excess of US$ 25,300 Mn by
2022, exhibiting an above-average compound annual growth rate during the projection period
(2017-2022). Kiosks are being utilized in a range of applications across sectors including retail,
hospitality, healthcare, education, entertainment and transport among others. Kiosks are finding
application in customer service processes where human involvement is not necessary. Use of these
interactive platforms for maintaining spontaneity in various retail services is also fuelling adoption.
These self-service platforms can be customized according to specific requirements of
establishments. Kiosk screens are becoming increasingly popular in mega shopping centers and
retail stores due to their growing relevance in such commercial settings. In the coming years, kiosk
systems are expected to have a greater role in running analytics for retailers to understand shoppers’
buying pattern. Kiosk comprises customized software and hardware that allows users to access
information pertaining to commerce, education, travelling, communication, and entertainment.
Request Sample: https://www.persistencemarketresearch.com/samples/20056
Demand for kiosks screen is steadily picking up in emerging nations such as Brazil, China and
India. Factors such as robust industrialization, urbanization and economic growth have been
instrumental in propelling the growth of the market in these countries. Meanwhile, in developed
countries, kiosks screens have already become pervasive to a certain extent. In addition, significant
cost benefits and broader scope of application is having a positive effect on kiosk screen
deployments. Moreover, advances in technology is allowing enterprises to use of kiosks for more
specific-requirements. The highly spontaneous and interactive nature of self-service platforms make
them an appropriate apparatus for various operational undertakings in enterprises. Growing need for
automation is likely to support the adoption of self-service platforms in industrial settings in the
forthcoming years. The aforementioned factors are expected to drive the sales of kiosks across the
globe.
Key Insights from the Report Include:
In term of revenue, North America currently dominant the global market. The market in the region
is expected to surge at an impressive CAGR of 8.2% during assessment period (2017-2022).
The market in North America is estimated to stand at over US$ 11,800 Mn by 2022-end. Market
revenue from Europe is projected to expand at 10.9% CAGR during the forecast period. Over 2022,
demand for kiosks is also expected to grow in the Asia Pacific excluding Japan (APEJ) region.
By model, the indoor segment is expected to retain its top spot over 2022. Currently, the segment
accounts over 50% market share in terms of revenue and estimates reach a market valuation of
nearly US$ 12,525.7 Mn toward the end of assessment period, expanding at a CAGR of 8.3%.
On the basis of end user, the ticketing and retail segment is expected to remain attractive in 2017
and beyond. These two segments collective represent for the largest revenue share of the market.
Kiosks are finding widespread application in ticketing owing to their intrinsic advantages of hassles
free and instant service processing.
Download TOC: https://www.persistencemarketresearch.com/toc/20056
Competition Tracking