Self Services Technologies Market Segments by Product Type(ATM, Kiosks, Vending Machine), Region and Industry Forecast - 2020

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Self Services Technologies Market
Opportunities and Forecasts, 2014 2020
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Introduction To Self Service Technologies Market
Self-Service Technology Market Report, published
by Allied Market Research, forecasts that the
global market is expected to garner 31.75
billion by 2020, registering a CAGR of 13.98
during the period 2015 - 2020.The deployment of
different types of vending machines and
technologically advanced kiosks have
revolutionized the self-service industry by
rendering an improved automation experience. The
self-service technology market is primarily
driven by the enterprises' need to provide more
convenient services to the customers, and at the
same time optimizing the cost of such services.
Enterprises operating in sectors such as retail,
healthcare, food beverage, and banking would be
the key demand facilitators. However, stringent
policies and regulations imposed by governments
of different countries restrain the growth of
self-service machines market. For instance, in
Japan, the government has banned the use of
alcohol and cigarette vending machines, by
youngsters below the age of 18yrs. Similar
restrictions are imposed by governments in other
developed regions such as UK, and US. Read more
at https//www.alliedmarketresearch.com/self-serv
ices-technologies-market
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Self Service Technologies Market - Segments
The kiosks segment would exhibit the highest
growth during the forecast period. Asia-Pacific
and LAMEA are forecasted as lucrative markets for
kiosks. With the maximum number of
installations, vending machines contributed
nearly 57 to the overall revenue of self-service
technology market in 2014. This segment is
expected to grow at a steady pace, accounting for
more than 50 of the overall market revenue,
throughout the forecast period (2015 - 2020).
Further, within the vending machines market, the
beverage vending machines that include coffee,
tea, soda, cold drink and alcohol vending
machines, would generate the highest revenues for
this segment throughout the analysis period (2014
- 2020). ATMs have emerged as multifunctional
machines in the recent years. The easy
installation process and the limited space
required for deploying these machines, would
supplement the growth of this segment during the
forecast period (2015 - 2020).
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Key Findings of Self Service Technologies Market

• The growth of the global self-service
  technologies market would be supplemented by the
  increasing demand for self-service machines in
  order to reduce manual tasks and enhance the
  quality of customer service
• Increased adoption would be witnessed across key
  sectors such as retail, banking and finance, and
  healthcare, over the forecast period (2015 -
  2020)
• The vending machine segment contributed the
  maximum revenue share of 57, to the overall
  revenue of self-service technology market in year
  2014
• North America accounted for the maximum adoption
  of self-service technologies with 44 share in
  the overall global revenue
• Asia-Pacific and LAMEA are forecast as the most
  lucrative markets in terms of growth, owing to
  developments in the retail and consumer goods
  sector and the adoption of advanced technologies

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Self Service Technologies Market Dynamics
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Self Service Technologies Market Key Segments
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Self Service Technologies Market By Type
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Self Service Technologies Market By Type - ATM
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Self Service Technologies Market By Type - Kiosks
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Self Service Technologies Market By Type -
Vending Machine
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Self Service Technologies Market By Geography
  North America, Europe, Asia Pacific, LAMEA
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Self Service Technologies Market Key Players

• Prominent companies profiled in the report
  include
• Kiosk Information Systems Inc.
• NCR Corporation
• HESS Cash Systems GmbH Co.
• Fujitsu, Glory Ltd.
• Azkoyen Group, Crane Co. (USA)
• Mass International Europe B.V. (Netherlands)
• Vend-Rite
• IBM Corporation.

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 The technological advancements such as wireless
communication and remote management would also
facilitate the overall market growth. In
addition, the integration of biometric security
services such as fingerprint recognition, which
ensure secured financial transactions, would
boost the market growth Swapnil Shende
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