Retail Self-service kiosks are gaining the momentum and witnessing brisk adoption owing to the increasing emphasis to reduce the labor costs and to gain the customer traction by enhancing the customer shopping experience. Moreover, these systems have been providing benefits such as collecting consumer data and have been assisting retailer in customizing their offerings. In addition, rising significance of these machines in hypermarkets, supermarkets and department stores is projected to drive the self-service kiosk market in the coming years.
Surge in the number of small scale vendors have been providing new vistas for the market growth of these systems especially in the emerging economies. Whereas, the penetration of these systems in continuously increasing in the existing stores from Americas & European regions. Key benefits such as quick transactions and easy check-out offered by these machines is projected to escalate the self-service systems market demand over the next decade in the retail sector.
The market is segmented on the basis of components into display, application software, enclosure, printer & some others. On the basis of machine type, the retail self-service kiosk market is segregated into product dispensing, ticketing, point-of-information (POI) and so on. By Application, the market is categorized into retail vending, bill payment, self-service ordering and some others.
Global retail self-service kiosk market is projected to witness brisk growth rate with Americas being the major revenue contributor and is projected to continue its dominance over the forecast period. Whereas, APAC is estimated to grow with the rapid CAGR of XX% during 2017 – 2023 to reach $XXm by the end of 2023 owing to the increasing number of retail stores coupled with the increasing vendors deployment to sustain in the competitive environment especially from China, India, South Korea and Japan.
Sample Companies Profiled in this Report are:
- Wincor Nixdorf AG (Germany)
- NCR Corporation (U.S.)
- Diebold, Inc. (U.S.)
- Zytronic PLC (U.K.)
- Azkoyen Group (Spain)