Interactive Kiosk Market Size is Projected to Reach USD 32.51 Billion by 2027 - Valuates Reports

BANGALORE, India, Oct. 15, 2020 /PRNewswire/ -- According to the Latest Market Research Report "Interactive Kiosk Market By Type (Bank Kiosks, Self-Service Kiosks, Information Kiosk, Self-checkout Kiosk, (POS) Ticketing Kiosk Photo Kiosks, Patient Information Kiosks, Check-In Kiosks, Employment Kiosk, Others, Vending Kiosks, Food & Beverage Vending Kiosk, Others), By Display Size (Less than 17 inch, 17 inch to 19 inch, 20 inch to 22 inch, 23 inch to 25, inch 26 inch to 30, inch 31 inch to 34 inch, 35 inch to 40 inch, 41 inch to 44 inch, 45 inch to 49 inch, 50 inch to 55 inch, More than 55 inch), By Industry Vertical (Retail, Entertainment, Healthcare, BFSI, Government, Transportation, Others) and Region - Global Forecast to 2027", published on Valuates Reports

The global interactive kiosk market size was valued at USD 14.76 Billion in 2018 and is projected to reach USD 32.51 Billion by 2027, growing at a CAGR of 9.1% from 2020 to 2027.

Major factors driving the interactive kiosk market size are improved consumer shopping experience, lower investment costs than traditional outlets, improved applications other than conventional ones, and advances in touch screen displays and glass technology.

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Interactive kiosks give service providers many advantages and optimize enterprises' total cost by reducing the labor and infrastructure cost. Self-service technologies allow consumers to directly interact and purchase without service representatives being involved, thereby providing consumers with a higher level of satisfaction by offering control over their buying decisions. This, in turn, is expected to increase the Interactive Kiosk market size.

Interactive kiosks provide users with several valuable services to enhance urban living, such as live transit feeds, advertising, emergency notifications, and free, unlimited Wi-Fi access. The Internet of Things (IoT) and other intelligent connected devices are adding value to consumers. Hence this integration of innovations and advanced technologies is expected to fuel the interactive kiosk market size.

Furthermore, the increasing adoption of tele-kiosks with global positioning system ( GPS) technology further propels the interactive kiosk market size during the forecast period.

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Vending kiosks are expected to hold the largest Interactive Kiosk market share during the forecast period. One of the factors driving the growth of vending kiosks across the globe is rising retail stores and increasing virtual space in retail outlets. In addition, safe payment gateways and improved operational efficiency are also fuelling the growth of this sector.

North America is expected to hold the largest Interactive Kiosk market share During the forecast period based on the region. North America's dominance is attributed to the high demand from the retail, entertainment, travel, finance, and healthcare industries. Retailers' growing emphasis on improving customer satisfaction levels is likely to further fuel investments in this region's interactive kiosks market size.

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By Type

    --  Bank Kiosks
    --  Self-Service Kiosks
        --  Information Kiosk
        --  Self-checkout Kiosk (POS)
        --  Ticketing Kiosk
        --  Photo Kiosks
        --  Patient Information Kiosks
        --  Check-In Kiosks
        --  Employment Kiosk
        --  Others
    --  Vending Kiosks
        --  Food & Beverage Vending Kiosk
        --  Others

By Display Size

    --  Less than 17 inch
    --  17 inch to 19 inch
    --  20 inch to 22 inch
    --  23 inch to 25 inch
    --  26 inch to 30 inch
    --  31 inch to 34 inch
    --  35 inch to 40 inch
    --  41 inch to 44 inch
    --  45 inch to 49 inch
    --  50 inch to 55 inch
    --  More than 55 inch

By Industry Vertical

    --  Retail
    --  Entertainment
    --  Healthcare
    --  BFSI
    --  Government
    --  Transportation
    --  Others

By Region

    --  North America
        --  U.S.
        --  Mexico
        --  Canada
    --  Europe
        --  UK
        --  Germany
        --  France
        --  Rest of Europe
    --  Asia-Pacific
        --  China
        --  Taiwan
        --  Japan
        --  South Korea
        --  Rest of Asia-Pacific
    --  LAMEA
        --  Latin America
        --  Middle East
        --  Africa

Key Market Players:

    --  NCR Corporation
    --  Kiosk Information Systems
    --  Advantech Co., Ltd.
    --  Meridian Kiosk
    --  Advanced Kiosks
    --  Diebold Nixdorf, Incorporated
    --  Source Technologies
    --  TouchScreen Solutions
    --  Embross
    --  REDYREF


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? Kiosk Market

In 2019, the global Kiosk market size was USD 17370 Million, and it is expected to reach USD 26940 Million by the end of 2026, with a CAGR of 6.4% during 2021-2026. Self-service kiosks held the largest kiosk market share in 2016 (about 55.47%).

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