Global Interactive Kiosk Market, By Component (Hardware, Software, and Service), Type (Automated Teller Machine, Retail Self-Checkout, Self-Service, and Vending), End-Use (BFSI, Retail, Food and Beverages, Healthcare, Government, Travel and Tourism, and Others), Location (Indoor and Outdoor), Panel Size (17”-32” and Above 32”) – Industry Trends and Forecast to 2031.
Interactive Kiosk Market Analysis and Size
The market continues to thrive with advancements in technology offering myriad benefits. Innovations such as touchless interfaces, AI integration, and enhanced security are propelling market growth. Businesses harness these advancements to streamline operations, improve customer engagement, and gather valuable data insights. As a result, the market fosters efficiency, convenience, and enhanced user experiences across various industries.
The global interactive kiosk market size was valued at USD 28.13 billion in 2023, is projected to reach USD 41.88 billion by 2031, with a CAGR of 5.1% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2024 to 2031
|
|
Base Year
|
2023
|
|
Historic Years
|
2022 (Customizable to 2016 - 2021)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Component (Hardware, Software, and Service), Type (Automated Teller Machine, Retail Self-Checkout, Self-Service, and Vending), End-Use (BFSI, Retail, Food and Beverages, Healthcare, Government, Travel and Tourism, and Others), Location (Indoor and Outdoor), Panel Size (17”-32” and Above 32”)
|
|
Countries Covered
|
U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America
|
|
Market Players Covered
|
Source Technologies LLC (U.S.), ADVANCED KIOSKS (U.S.), IER (France), REDYREF (U.S.), Meridian Kiosks (U.S.), Advanced Co. LTD. (South Korea), Diebold Nixdorf, Incorporated (U.S.), KIOSK Information Systems (U.S.), Zebra Technologies Corp. (U.S.), NEXCOM International Co. Ltd. (Taiwan), Olea Kiosks Inc. (U.S.), FrankMayer And Associates, INC. (U.S.), Lilitab, LLC (U.S.), Acante (U.K.), ZIVELO, Inc. (U.S.), Intuiface (France), Aila Technologies, Inc. (U.S.), DynaTouch (U.S.), and Peerless-AV (U.S.)
|
|
Market Opportunities
|
|
Market Definition
An interactive kiosk is a self-service terminal that provides users with information, services, or transactions. Typically found in public spaces such as malls, airports, or museums, these touch-screen devices allow users to navigate through menus, select options, and complete tasks such as purchasing tickets, checking-in for flights, or accessing directories. They enhance convenience and accessibility for users while reducing the need for staff assistance.
Interactive kiosk Market Dynamics
Drivers
- Rising Integration with Emerging Technologies
Integration with emerging technologies such as AI, AR, and IoT amplifies interactive kiosks' capabilities. AI enhances user interactions, AR provides immersive experiences, and IoT enables real-time data collection for personalized services, driving customer engagement and satisfaction. For instance, an interactive kiosk in retail can utilize AI for virtual assistants, AR for virtual try-on experiences, and IoT for inventory tracking, enhancing the shopping experience.
- Growing Digital Transformation Initiatives
Interactive kiosks play a pivotal role in modernizing customer-facing operations amid digital transformation initiatives. Offering convenience and engagement, they enhance customer experiences, streamline processes, and foster business efficiency. Through integrating self-service technologies, companies enhance efficiency, reduce costs, and elevate the overall customer experience, aligning with contemporary digital trends. For instance, A retail chain implements it for self-checkout, offering customers a seamless, efficient shopping experience while reducing the need for traditional cashier staff, thereby streamlining operations and embracing digital innovation.
Opportunities
- Increasing Accessibility and Inclusivity
Interactive kiosks, when designed with accessibility features, cater to users with disabilities, ensuring equal access to services. Incorporating features such as adjustable height, tactile interfaces, and screen readers enhances usability, fostering inclusivity in public spaces. For instance, tactile buttons and voice-guided navigation facilitate interaction for visually impaired users, promoting a seamless experience for all individuals.
- Rising Industry-Specific Applications
Interactive kiosks revolutionize sectors like retail, enabling self-checkout, reducing queues, and enhancing customer convenience. Their tailored functionalities streamline processes, improving efficiency and enhancing the overall shopping experience. In healthcare, kiosks streamline patient registration, enhancing efficiency. Hospitality utilizes kiosks for ticketing and check-in, while transportation benefits from improved wayfinding. Educational institutions employ kiosks for self-service information access, aiding students.
Restraints/Challenges
- Limited Customization Options
Off-the-shelf interactive kiosk solutions often come with restricted customization capabilities, posing a hurdle for businesses seeking to align kiosk functionalities with their unique requirements and branding preferences. This limitation can hinder seamless integration into existing systems, or the fulfillment of specific user interaction needs, potentially impacting the effectiveness and user experience of the deployed kiosk solutions.
- High Cost of Implementation
Implementing interactive kiosks presents a financial hurdle for businesses, particularly smaller ones, due to the substantial upfront investment required. This encompasses costs for hardware, interactive kiosk software, installation, and ongoing maintenance. Expenses can deter smaller enterprises from adopting technology, hindering customer engagement and operational efficiency. This financial strain limits their ability to leverage such tools for growth and competitiveness.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market, contact data bridge market research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In January 2021, Diebold Nixdorf unveiled the DN Series EASY, a new line of self-service solutions catering to retailers' needs. These solutions target efficiency enhancement, shopping experience improvement, and cost reduction
- In January 2021, Magnit teamed up with NCR Corporation, introducing cutting-edge technology like self-service checkouts, kiosks, self-scanning systems, and AI-based video analytics to the Russian market
- In October 2020, Meridian introduced temperature screening kiosks offering contactless checks. Users scan individually by placing their face in a designated frame; their temperature is then read by a thermal sensor, displayed on-screen, with accuracy within ± 0.9°F, completing the process in approximately 2 seconds per person
Interactive kiosk Market Scope
The market is segmented on the basis of component, type, location, panel size, and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
- Hardware
- Software
- Service
Type
- Automated Teller Machine
- Retail Self-checkout
- Self-service
- Vending
End-Use
- BFSI
- Retail
- Food and Beverages
- Healthcare
- Government
- Travel and Tourism
- Others
Location
- Indoor
- Outdoor
Panel Size
- 17”-32”
- Above 32”
Interactive kiosk Market Regional Analysis/Insights
The market is analysed and market size insights and trends are provided by component, type, location, panel size, and end use as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.
Asia-Pacific is projected to observe significant growth in the market, driven by expanding sectors such as organized retail, BFSI, tourism, and healthcare. In addition, increased product offering sales are anticipated to further propel market growth in the region in the coming years.
North America is expected to dominate the market, buoyed by its mature self-service kiosk systems market. The region's robust demand signals optimism for businesses, fueling further growth during the forecast period, bolstered by increasing adoption and technological advancements.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Interactive kiosk Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the market are:
- Source Technologies LLC (U.S.)
- ADVANCED KIOSKS (U.S.)
- IER (France)
- REDYREF (U.S.)
- Meridian Kiosks (U.S.)
- Advanced Co. LTD. (South Korea)
- Diebold Nixdorf, Incorporated (U.S.)
- KIOSK Information Systems (U.S.)
- Zebra Technologies Corp. (U.S.)
- NEXCOM International Co. Ltd. (Taiwan)
- Olea Kiosks Inc. (U.S.)
- FrankMayer and Associates, INC. (U.S.)
- Lilitab, LLC (U.S.)
- Acante (U.K.)
- ZIVELO, Inc. (U.S.)
- Intuiface (France)
- Aila Technologies, Inc. (U.S.)
- DynaTouch (U.S.)
- Peerless-AV (U.S.)
SKU-