The global kiosks market is anticipated to rise at a stellar CAGR of 13.3% during the forecast period. In 2018, the market was worth US$ 16.88 Bn and is estimated to reach US$ 45.73 Bn by 2026. Fortune Business Insights in a new report, titled “Kiosks Market“ Size, Share and Global Trend By Type (Retail Kiosks, Financial Kiosks, QSR Kiosks, Tickets & Billing Kiosks, Information Kiosks, Self Service Kiosks & Others), By End-Use Industry (Retail, BFSI, Hospitality, Entertainment & Gaming, Airports & Hotels, IT/ Telecommunication & Others) and Geography Forecast till 2026” highlights key trends prevailing in the market. Kiosks are primarily used in businesses as they offer information and application on several sectors including entertainment, education, commerce, and others. It is estimated that kiosks can help businesses grow as a kiosks system enhances customer buying experience, saves time & cost, and increases customer base. In addition to this, kiosk machines are a great way to feature a new product or service, thus helping in branding and advertising. Spurred by these benefits, the kiosks market demand is expected to spur in the foreseeable future. Customers now demand interactive features while making a purchase decision, which is encouraging companies to adopt kiosk technology. This, in turn, will foster the kiosks market growth over the projected horizon.
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Market Landscape and Market Scenario Includes:
- Current market size estimate
- Revenues by players Top Companies
- Market size by product categories
- Market size by regions/country
Kiosks to Predominantly Benefit the Retail Space
As per type, there are different types of kiosk systems. These include retail, financial, QSR, tickets & billing, information, self-service, and other kiosks. Of these, financial kiosks are expected to hold the majority share in the global market. Financial kiosk services help in the bill payment for courts or utilities. In addition to this, one of the most recent trends seen is the use of customer-friendly android and iPad tablet kiosks for selling financial services. Apart from the financial kiosk, retail kiosks are also expected to cover a considerable share in the market, favoring the kiosks market size. As per the report, retail kiosks account for 19.1% of the share in the overall market. These types of kiosks are majorly installed at specialty retailers, department stores, convenience stores, and grocery stores. Some of the distinguished services offered by retail kiosks are wayfinding directories, product lookup, employment, and others. These services are meant to enhance customer awareness and improve their overall retail experience. A strategically-placed retail kiosk can offer a wealth of information to a tech-savvy customer. The customer can further seek information by browsing through latest stores and more.
Important Features that are under Offering and Key Highlights of the Market Report:
- Detailed overview of Market Share
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application, etc.
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
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1. By Type
- Retail Kiosks
- Financial Kiosks
- QSR Kiosks
- Tickets & Billing Kiosks
- Information Kiosks
- Self Service Kiosks
2. By End-Use Industry
- Entertainment & Gaming
- Airports & Hotels
- IT/ Telecommunication
3. By Region
- North America (The U.S. and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
- Latin America (Brazil, Mexico and Rest of Latin America)
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Experience and Engagement: The 2 Important E’s in Retail Industry
Retail stores are increasingly installing kiosks to increase customer experience. Furthermore, these stores continue to maintain their focus on customer engagement as it helps them to understand their customers better. Retail stores use kiosks for digital advertising, wending products, bill payment among others. For instance, ViaTouch Media announced the launch of an AI-based interactive kiosk, helping customers to automatically prepare bill while they pick products from merchandising selves. Other companies are also planning to offer pre-emptive maintenance and remote monitoring services with an aim to track functioning, problems if any, and maintenance of kiosks. Owing to such benefits, the kiosks market revenue is expected to surge in the forecast years.
Top Players in the Kiosks market
- Meridian Kiosks
- Olea Kiosks In
- KIOSK Information Systems
Europe and North America to Witness the Highest Demand for Kiosks
Europe and North America are estimated to be the prime contributors to the global kiosks market between 2018 and 2026. The market is expected to dominate in these two regions owing to the rising adoption of advanced technology. People in these two regions prefer to visit stores that don’t include interaction with sales personnel. This factor is expected to spur the kiosks market share in these two regions. Banks in rural areas lack advanced banking infrastructure. As kiosks are economically viable, banks can employ kiosks to expand their services and increase their customer base.
Queries Addressed In Kiosks Market Report:
- What opportunities are present for the market players to enhance their business footprint?
- What manufacturing techniques are being implemented in the development of advanced Construction Equipment?
- Which segment is witnessing huge traction from the consumers?
- For what purposes, is the market being utilized?
- How many units are estimated to be sold in 2020?
The kiosks market in Asia Pacific is estimated to exhibit considerable growth in the forecast horizon. Countries such as India, Japan, and China are adopting self-service kiosks to assist customer engagement. This, as a result, will positively impact the kiosks market revenue.
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Key Features of Kiosks Market Research Report:
- This report provides detail analysis of the market and have a comprehensive understanding of the market and its commercial landscape.
- Learn about the various market strategies that are being adopted by leading companies.
- It provides a five-year forecast assessed based on how the market is predicted to grow.
- It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.
- To understand the future scope and outlooks for the market.
- Market Forecast by regions, type and application, with sales and revenue, from 2020 to 2026.
- Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.
- Market Size (sales, revenue) forecast by regions and countries from 2020 to 2023 of industry.
- The global market Growth is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2023. In 2020, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
- Market Trend for Development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.
- Market Report also mentions market share accrued by each product in the market, along with the production growth.
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
TABLE OF CONTENT:
5. Global Kiosks Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Kiosks Market Sizing Estimations and Forecasts – By Type (US$ Mn and Million Units)
5.2.1. Retail Kiosks
5.2.2. Financial Kiosks
5.2.3. QSR Kiosks
5.2.4. Tickets & Billing Kiosks
5.2.5. Information Kiosks
5.2.6. Self Service Kiosks
5.3. Market Sizing Estimations and Forecasts – By Industry (US$ Mn)
5.3.4. Entertainment & Gaming
5.3.5. Airports & Hotels
5.3.6. IT/ Telecommunication
5.4. Kiosks Market Analysis, Insights and Forecast – By Geography (US$ Mn)
5.4.1. North America
5.4.3. Asia Pacific
5.4.4. Middle East and Africa
5.4.5. Latin America
6. North America Kiosks Market Analysis, Insights and Forecast, 2015-2026
6.1. Key Findings / Summary
6.2. Kiosks Market Sizing Estimations and Forecasts – By Type (US$ Mn and Million Units)
6.2.1. Retail Kiosks
6.2.2. Financial Kiosks
6.2.3. QSR Kiosks
6.2.4. Tickets & Billing Kiosks
6.2.5. Information Kiosks
6.2.6. Self Service Kiosks
6.3. Kiosks Market Sizing Estimations and Forecasts – By Industry (US$ Mn)
6.3.4. Entertainment & Gaming
6.3.5. Airports & Hotels
6.3.6. IT/ Telecommunication
6.4. Kiosks Market Analysis, Insights and Forecast – By Country (US$ Mn)
6.4.1. United States
7. Europe Kiosks Market Analysis, Insights and Forecast, 2015-2026
7.1. Key Findings / Summary
7.2. Kiosks Market Sizing Estimations and Forecasts – By Type (US$ Mn and Million Units)
7.2.1. Retail Kiosks
7.2.2. Financial Kiosks
7.2.3. QSR Kiosks
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