Interactive Kiosk Market to Expand at CAGR of 6.3% between 2019 and 2027

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Global Interactive Kiosk Market to Expand at CAGR
of 6.3 between 2019 and 2027 Industry
Probe According to a new market report published
by Industry Probe (www.industryprobe.com) titled
Interactive Kiosk Market (Product Food
Self-service Kiosk, Beverage Self-service Kiosks,
Photo Kiosks, Ticketing Kiosks, Parking Kiosks,
Patient Interactive Kiosks, Information Kiosks,
Employment Kiosks, Check-in Kiosks, Automated
Teller Machines Kiosks, and Others Type Floor
Standing Kiosk, Wall Mounted Kiosk, and Others
and End-Use Industry Retail, Hospitality,
Banking Financial Services, Healthcare,
Transportation, Media Entertainment,
Government, and Others) Global Industry
Dynamics, 2018-19, Trends, and Forecast, 2020
2027, the global interactive kiosk market was
valued at US 28.65 Bn in 2018 and is expected
to expand at a CAGR of 6.3 from 2019 to 2027.
Click here to Access Sample Report Interactive
Kiosk Market As per the report, Asia Pacific
held a major share of the global interactive
kiosk market in 2018. Emerging technology is an
important tool for businesses to reach their
target audience interactive kiosks enable the
assessment of new products. Technological
advancements and presence of a large number of
market players in North America are factors
contributing to the anticipated growth of the
global market. Manufacturers in North America are
increasingly investing in the development of new
products to remain competitive in the global
market. Interactive kiosks are used in various
end-use industries. Retail and hospitality are
prominent industries that use interactive kiosks
in order to promote their products and
brands. The report gives an example of Uniqlo to
highlight the growth of interactive kiosk market.
In 2016, a Japan-based clothing retailing brand,
Uniqlo, owned by the company, Fast Retailing,
opened a store in New York, the U.S. In case of
Uniqlo, initially the business grew however,
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sales declined after some time, casting a doubt
on the companys plan to expand to other regions
of the U.S. The Japan-based retailer installed 10
interactive retail kiosks in malls and airports
across the U.S. in order to confront the
challenge. The initial cost of installing
interactive kiosks and ATMs is high. This factor
is likely to restrain the global market.
Cyber-attack threats are a significant challenge
faced by interactive kiosks all over the world.
In the U.S., an ex-contractor of an automotive
company used an interactive kiosk in the
visitors lobby to delete files and passwords of
critical systems causing a shutdown of the
distribution facility for seven hours and
causing a damage of more than US 29,000. Share
your requirements for Customized Interactive
Kiosk Market Study Furthermore, the report
states that the interactive kiosk market in Asia
Pacific is expected to grow at a significant
rate during the forecast period. This can be
ascribed to rapid urbanization and shift in
consumer preference for convenience. Contactless
payment option allows customers a fast,
convenient, and secure way to complete
transactions. It helps merchants to improve in-
store payment experience by reducing the time
taken for the payment. In developed regions, such
as North America and Europe (especially Western
Europe), there is a decline in cash
transactions. According to Federal Reserve, the
U.S. cash transactions declined from 33.0 in
2015 to 30.0 in 2017. Debit and credit cards are
a significant part of the transaction market. In
2017, debit and credit cards, cumulatively,
accounted for 48.0 share of the U.S. transaction
market. Significant opportunity for global
interactive kiosks manufacturers lies in
providing interactive kiosks for electric
vehicle charging.
Contact an analyst to understand more about
Interactive Kiosk Market The global interactive
kiosk market is dominated by several players that
are focused on the development of new products
to cater to changing consumer preferences
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• The report includes the below mentioned pointers
  of major players operating in the global
  interactive kiosk market
• Competition Matrix
• Company Overview
• Market Share Analysis (2018)
• Product Innovation
• Business Strategies / Recent Developments
• Technological advancements
• Key mergers and acquisitions
• Expansion strategies
• Company Financials
• Some of the prominent players featured in the
  global interactive kiosk market to give a better
  competitive analysis of the market include
  Advanced Kiosks, NCR Corporation, Advantech Co.,
  Ltd., Olea Kiosks Inc., Diebold Nixdorf, RedyRef
  Interactive Kiosks, KIOSK Information Systems,
  SlabbKiosks, Meridian Kiosk and ZIVELO.
• About Us
• Industry Probe is a global market intelligence
  and advisory firm with an unwavering purpose to
  help businesses achieve strategic objectives
  through a varied range of offerings. Based on a
  unique amalgamation of our big data technology
  and human intelligence, our services are
  dedicated to serve the businesses operating in
  the consumer goods and industrial machinery
  sectors. Our offerings comprise syndicated
  research, strategic consulting advisory
  services, competitive intelligence, and
  full-time engagement to bring true actionable
  insights into our clients business environment.
  Combining research technology adoption, playing
  the perfect mix of the best data, and centered
  on consumer goods industrial machinery sectors,
  Industry Probe believes in targeting one
  industry at a time.
• Originally published on - https//industryinsights
  .tech/global-interactive-kiosk-market-to-expand-at
  - cagr-of-6-3/
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