Press Release / Technology / Interactive Kiosk Market Global Development Industry Trends and Future Outlook to 2023

Interactive Kiosk Market Global Development Industry Trends and Future Outlook to 2023

Market Highlights:

Interactive kiosks have become an essential part of the sales and marketing verticals, today. The goal of Interactive kiosks is to craft a better experience for the customer so that they will come back later and genuinely engage with the brand. Interactive kiosks can help bring experience into the 21st century, improving the customer experience.

Acknowledging the prominence and value this market is garnering currently and the growth prospect the market is demonstrating worldwide, Market Research Future (MRFR) in its recently published study report asserts that the global Interactive kiosks market will reach approx. 34 Bn. USD by 2023, registering a CAGR of 9% throughout the review period (2017-2023).

The key trends substantiating the market growth include advantages of Interactive Kiosk such as the wide reach to the mass audience in less time and proficient real-time access to the content and informative data. Besides, inventions in technologies that are convenient for users and the emergence of innovative ideas that are going to benefit users are supporting the market growth, increasing the popularity of these Kiosks.

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Major Key Players:

Siemens AG (German),
International Business Machines Corporation (U.S),
Phoenix Kiosk, Inc. (U.S),
KIOSK Information Systems Inc. (U.S),
Advantech Co. Ltd. (Taiwan),
NCR Corporation (U.S),
SlabbKiosks (U.S),
KIOSK Information Systems (U.S),
Advantech Co. Ltd. (Taiwan),
NEXCOM International Co. (Taiwan),
Meridian (U.S),
Embross (Canada),
Diebold Nixdorf (U.S), Korala Associates Ltd (U.K), IER SAS (France), RedyRef Interactive Kiosks (U.S), and among others.

According to Market Research Future analysis, global Interactive Kiosk Market has been valued at USD ~34Billion by the end of forecast period with ~9% of CAGR during forecast period 2017 to 2023.

Industry/ Innovation/ Related News:

September 12, 2018 – McDonald, one of the largest global fast-food chains installed 32-inch touch screen Kiosks developed by Diebold Nixdorf at its first self-service terminals at Azerbaijan location to avail faster services.

One or two user interfaces are among the possible configuration options, and the devices can be embedded in walls or other areas. Faster service leads to reduced queues, and products quality becomes more objective. The news release is about the new technology, and this system is convenient for both sellers and buyers.

Regional Analysis

Globally, the North American region accounts for the leading market for the Interactive Kiosks. Advancements in technologies and market proliferation of tablets are some of the prevailing trends which are expected to support the market growth to retain its dominance over the global Interactive Kiosks market throughout the forecast period.

The interactive kiosk market in the European region is expected to witness rapid growth over the forecast period owing to the burgeoning BFSI and healthcare sector. Emerging Travel industry is too supporting the market growth considerably.

The Asia Pacific region is expected to grow at the fastest rate during the forecast period, emerging as a promising market for Interactive Kiosks. Burgeoning business in retail and telecommunication sector help the market to proliferate, allowing penetration of these kiosks. Besides, other burgeoning industries such as BFSI, Media & Entertainment, Travel, and Healthcare among others provide impetus to the market growth.

Segmentation:

For enhanced understanding the report has segmented into four key dynamics;

By Component: Hardware, Software, and Services among others

By Type: Self-Service Kiosks, Vending Kiosks, and Bank Kiosks among others.

By End-user: BFSI, Retail & Consumer Goods, IT & Telecommunication, Media & Entertainment, Travel, Transportation, Supply Chain & Logistics, Healthcare, Energy & Power, Utilities, Education, and Government among others.

By Region: North America, Europe, APAC and the Rest-of-the-World.

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Intended Audience

Investors and consultants
System Integrators
Government Organizations
Research/Consultancy firms
Technology solution providers
IT Solution Providers
Educational Institutes
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