Enhancing customer experience by leveraging interactive
products such as digital signage and
interactive kiosks is a mega trend, particularly in the retail sector.
Organizations are striving to provide enhanced user experience, and are
investing in R&D, which is boosting the interactive kiosk market that is
poised to attain a valuation of $34305.77m by the end of 2023. According to a
recently published market research report by IndustryARC, the demand will grow
at a profitable CAGR of 11.3% during the period 2018-2023. The report by
IndustryARC titled, “Interactive Kiosk Market: By Type (Touch screen kiosks,
Internet kiosks, Photo kiosks, information kiosks, Production promotion kiosk,
Self-service kiosk, vending kiosk, Wayfinding kiosks); By Applications (
Hospitals, Government and Corporate offices, Banks, retail and showrooms,
theaters, and others); By end user industry(Entertainment and hospitality,
Retail, Transportation and others); By Geography - Forecast(2018-2023)” provides
a detailed observation into trends, opportunities and challenges in the market
along with business strategies adopted by the key players.
Interactive
Kiosk Market: Geographical Analysis & Leading Segments
The Americas is found to be the
most lucrative region with $6,303m worth of revenue in the interactive kiosk
market in 2017. According to the geographic analysis, Canada and the US are projected
to lead the interactive kiosk market in the upcoming years. This can be
attributed to the growing food & beverages sector which is adopting the technology of interactive kiosks in order to communicate better with customers.
The report also provides a peek
into the prospects in each application segment. The government and Banking,
Financial Services and Insurance (BFSI) sector comprise a major chunk of the
customer-base for vendors in the interactive kiosk market. The application of
interactive kiosks in the government and BFSI sector is poised to grow at a
CAGR of 8.1% through to 2023. They are closely followed by the retail sector
which is set to observe increased adoption of interactive kiosks.
Retail shops are striving to
provide customers with the best quality service, and a communication platform
such as an interactive kiosk certainly improves customer experience. The report
foresees more retail shops incorporated with interactive kiosks.
Interactive
Kiosk Market: Trends and Growth Drivers
· The Transportation Industry Supporting the
Interactive Kiosk Market –
Railway stations are nowadays offering
travelers the facility to purchase their tickets themselves through kiosks. Interactive
kiosks can also be observed at airports. These enable customers to print their
boarding pass themselves, which saves time otherwise spent in long queues. The
increasing deployment of self-service kiosks at airports, railway stations and
bus terminals are leading to a definite growth in sales for the interactive
kiosk market.
· The Healthcare Sector Creating Opportunities in
the Interactive Kiosk Market –
Nowadays, hospitals and pharmacies
are using interactive kiosks in order to instill self-service facilities and
streamline basic tasks such as patient registration and payments. This trend is
making strides in North American countries such as Canada, the US, and Mexico
that boast of an advanced healthcare infrastructure. The adoption of technology
in developing countries is estimated to increase, which will enhance the scope
for vendors in the interactive kiosk market.
· Hotel Industry Leveraging Interactive Kiosks –
Nowadays, restaurants are
incorporated with interactive kiosks using which customers can place their
orders. This trend is set to witness a growth in the foreseeable future,
wherein restaurants will have interactive kiosks which will display information
such as menu cards. The application of interactive kiosks in the hospitality industry
will create more opportunities in the interactive kiosks market.
Interactive
Kiosk Market: Competitive Landscape
Some of the key market players
studied in this report include NCR Corporation, Diebold Inc., Wincor Nixdorf,
Nautilus Hyosung, Hitachi-Omron, and others.
Talk to one of our sales
representative about the full report by providing your details in the link
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Related
Reports:
a) Self-Service Kiosk Market
https://www.industryarc.com/Report/15103/self-service-kiosk-market.html
b) Retail
Self-Service Kiosk Market
https://www.industryarc.com/Report/17908/retail-self-service-kiosk-market.html
What can you expect from the report?
1. Market Size by Product
Categories &
Application
11. Demand Analysis (Revenue
&
Volume)
2. Market trends & Relevant
Market
Data
12. Country level
Analysis
3. Manufacturer
Landscape
13. Competitor
Analysis
4. Distributor Landscape
14. Market
Shares Analysis
5. Pricing Analysis
15. Value
Chain Analysis
6. Top 10 End user Analysis
16. Supply
Chain Analysis
7. Product Benchmarking
17. Strategic
Analysis
8. Product Developments
18. Current
& Future Market Landscape
Analysis
9. Mergers & Acquisition
Analysis
19.
Opportunity Analysis
10. Patent Analysis
20.
Revenue and Volume Analysis
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About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.