Interactive Kiosk Market Size USD 34 Billion by 2023 at 9% CAGR with COVID-19 Pandemic Impact Analysis, Business Trends, Industry Profit Growth, Top Players (Siemens AG, Phoenix Kiosk, etc.)

As per Market Research Future (MRFR), states that the world Interactive Kiosk market size can value at USD 34 Billion by 2023. As per MRFR, Interactive Kiosk market 2021 can rise at 9% CAGR through the assessment forecast period (2017-2023).

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.

The key trends substantiating the interactive kiosk 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.

Interactive Kiosk Global Market – Segments

  • 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.

Competitive Analysis

The interactive kiosk market is fiercely competitive with the presence of several large and small players operating in the market.  Well-established players incorporate collaboration, acquisition, partnership, product launch, and expansion in order to gain the competitive advantage in this market. Providers are focusing on improving their market performance by acquiring promising companies in the fast-growing markets.

Key Players:

Some of the eminent players leading the market include International Business Machines Corporation (US), Siemens AG (German), Phoenix Kiosk, Inc. (US), Advantech Co. Ltd. (Taiwan), KIOSK Information Systems Inc. (US), NCR Corporation (US), KIOSK Information Systems (US), SlabbKiosks (US), NEXCOM International Co. (Taiwan), Advantech Co. Ltd. (Taiwan), Meridian (U.S), Diebold Nixdorf (US), Embross (Canada), Korala Associates Ltd (UK), RedyRef Interactive Kiosks (US), and IER SAS (France).

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Global Interactive Kiosk Market – 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.

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.

Intended Audience

  • Interactive kiosk companies
  • Interactive kiosk providers
  • Technical universities
  • System integrators
  • Managed Security Service Providers
  • Professional service providers
  • Research and development companies
  • Market research and consulting firms
  • Solution providers
  • Technology standards organizations
  • Technology investors
  • System Integrators

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