According to a research report by Stratview Research, Interactive kiosk market is likely to witness a CAGR of 4.5% during the forecast period. Increasing efforts on enhanced shopping experience for the customers, cost minimization advantages over traditional outlets, and innovations in touch screen displays are expected to drive the interactive kiosk market during the forecast period.
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Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Segments' Analysis
Stratview Research has segmented the Interactive Kiosk Market by Offering Type (Hardware, Software & Services), by Kiosk Type (Bank Kiosk, Self-Service Kiosk, and Vending Kiosk), by Location Type (Indoor, Outdoor), by Panel Size (17”–32” , Above 32”), by Vertical Type (Retail, Healthcare, Hospitality, Government, Banking & Financial Services, Transportation, Entertainment, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Based on the location type, the market is segmented as indoor and outdoor. The indoor segment is expected to dominate the interactive kiosk market during the forecast period due to its use in malls, healthcare centers, banks, airports, government &corporate offices, and casinos. Increasing trend of self-service in retail, entertainment, banking, hospitality and transportation sectors are the prime reasons for the larger share of indoor kiosks in the market.
Based on the vertical type, the market is segmented as retail, healthcare, hospitality, government, banking & financial services, transportation, entertainment, and others. The retail segment is expected to dominate the interactive kiosk market during the forecast period. Interactive kiosk in the retail segment enables in store product information and promotional displays for the shoppers to attract them to the store.
In terms of regions, North America is estimated to remain the largest market during the forecast period due to the government initiatives to build secure network, to protect data, and highly regulated compliance management system. With the expansion of IoT devices, sensor connectivity, and other cyber oriented systems, reliable access to sensor data and creating safer work environment are the needs of the hour, which are driving the growth of the region’s market.
The following are the key players in the Interactive Kiosk Market -
· Diebold Nixdorf
· Embross
· Frank Mayer and Associates, Inc.
· Kiosk Information Systems
· Lilitab, LLC
· Meridian Kiosks
· NCR Corporation
· Olea Kiosks Inc.
· Redyref Interactive Kiosks
· Source Technologies, and others.
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