Interactive Kiosks Market a Projection to Reach US$ 45.8 Billion by 2032
In 2021, the global interactive kiosk market boasted a valuation of US$ 26.1 Billion. Anticipations for the year 2032 point towards a remarkable growth, with the market expected to soar to US$ 45.8 Billion. The key driving force behind this surge in market growth is the escalating demand for automated systems. Interactive kiosks, with their ability to streamline operations and reduce the time taken for self-service processes in comparison to manual alternatives, have become instrumental in elevating overall customer satisfaction levels across different regions.
Interactive kiosks
offer numerous advantages for service providers, aiding organizations in
achieving greater efficiency while simultaneously curbing labor and
infrastructure expenses. With the integration of self-service technologies,
customers can now access services independently, without the need for direct
assistance from service agents.
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Key Market Trends
& Growth Opportunities:
·
Interactive kiosks play a pivotal role in
elevating the quality of urban living by offering a range of valuable services
to users. These services include real-time transit updates, advertising,
emergency notifications, and complimentary, unlimited Wi-Fi access.
·
Powered by cutting-edge technologies such as
cloud computing, machine-to-machine communication, and the Internet of Things
(IoT), digital kiosks have evolved to meet the dynamic demands of today's urban
landscape. A prime example of this innovation is Ombori Grid, a company
dedicated to bridging the physical and digital realms, which has devised unique
solutions benefiting numerous retailers worldwide.
·
The COVID-19 pandemic significantly altered public
perception regarding the hygiene of touch screen kiosks, with four out of five
individuals now considering them unsanitary. Responding to this shift in
consumer attitudes, touchless technology has become a central trend in
enhancing the development of interactive kiosk experiences. In general,
touchless experiences harness features such as gesture control, infrared
sensing, voice recognition, facial recognition, or second screen/mobile app
solutions to provide a more hygienic and user-friendly interaction.
Competitive landscape:
Prominent players are embracing innovative approaches such
as ground-breaking marketing tactics, technological advancements, mergers, and
acquisitions to expand their market ground
- In
July 2021, CEFCO Convenience Stores launched new self-ordering
kiosks with technology from software company Reji and the
Austin model from Olea Kiosks in two of its Texas-based CEFCO Kitchen
locations. This new platform aims to improve the CEFCO customer experience
through fresh food menu personalization, working toward a more seamless
way to order food from CEFCO’s growing fresh food menu.
- Aila
Technologies have recently built Interactive Kiosk exclusively for Apple’s
iPad making the most of the key feature such as enhancing sales, power,
resolution, and security which is also compatible with both the 10.2-inch
iPad (Gen8) and 12.9-inch iPad Pro (Gen 4).
Prominent Interactive Kiosk Manufacturers:
- Diebold
Nixdorf, Incorporated
- Embross
- Frank
Mayer and Associates, Inc.
- Source
Technologies
- Meridian
Kiosks
- Aila
Technologies, Inc.
- Olea
Kiosks Inc.
Key Segments Covered in the Interactive Kiosk Industry
Analysis:
- By
Type
- Bank
Kiosks
- Vending
Kiosks
- Self-service
Kiosks
- Others
- By
Offering
- Hardware
- Displays
- Printers
- Others
- Software
- Services
- Integration
& Deployment
- Managed
Services
- By
Location
- Indoor
- Outdoor
- Panel
Size
- 17”–32”
Display
- Above
32” Display
- By
End User
- for
Retail
- for
Healthcare
- for
Banking & Financial Services
- for
Food & Beverages
- for
Governments
- for
Transportation
- for
Hospitality
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Questionnaire answered in the Market Outlook Report of
Interactive Kiosks include:
- What
is the key strategy deployed by large players to maximize Interactive
Kiosks Market growth?
- What
are the main challenges faced by players in the Interactive Kiosks Market
Demand?
- With
the advent of technological advancement, how will the Interactive Kiosks
market landscape change over the forecast period?
- What
does player bring to the table which is unique as a strategy, and is easy
to emulate for new investors in the Interactive Kiosks market size?
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