The self-service kiosk market size is projected to reach US$ 66.88 billion by 2031 from US$ 29.65 billion in 2023. The market is expected to register a CAGR of 10.7 % in 2023–2031. The increasing integration of Artificial intelligence (AI) and Machine learning (ML) is likely to remain a key self-service kiosk market trend.
Automated teller machines, ticket machines, and mobile scanners are examples of self-service technologies and services made possible by technological breakthroughs and inventions. Self-service kiosks are becoming more and more common in banks, airports, retail centers, hospitals, and theme parks. Improving customer convenience has remained the focus of the self-service kiosk industry, where innovations and technologies have been developed steadily. This trend is anticipated to continue in the years to come. The increasing number of consumers who are growing rich with advancing consumer electronics is driving the demand for self-service kiosks. Service providers have been providing a variety of self-service delivery mechanisms for many years. These include interactive voice response systems, self-service kiosks, mobile self-services, Internet-based services, and more.
In the public sector, self-service kiosks, sometimes referred to as computer terminals, are self-service devices or gadgets that allow users to interact with digital content and information via an easy-to-use interface. Interactive kiosks are used in retail sales, bill payment, wayfinding, information exchange, and tourism. These kiosks are used in many different contexts, such as the travel and healthcare sectors because they simplify the process of gathering personal data from customers.
The growing need for automated systems has led to a surge in the market for self-service kiosks since these devices reduce operating time compared to manual services and generally boost customer satisfaction. Self-service kiosk technology is also being used more often in the retail industry. These innovations provide dynamic brand encounters both inside and outside of real-world establishments. Consequently, it makes sense that as interactive technologies are incorporated into retail applications, the demand for self-service kiosks will grow.
Improved visualizations are provided by new technology in several industry sectors, including business, education, retail, sports & entertainment, and transportation. Interactive kiosks have the potential to draw in a large number of customers by giving them control over their purchase decisions, which will raise customer satisfaction. Technology interfaces known as self-service tools enable customers to use a service independently of a service provider. Numerous factors, such as the rise in demand for automated equipment and self-service kiosks, wireless connectivity, technical advancements, and remote management, are having a substantial impact on the self-service kiosk industry. It is anticipated that these elements will present the market with new opportunities. Thus, the increasing technological developments, along with a shift in consumer behavior, are anticipated to present new opportunities for the self-service kiosk market players during the forecast period.
Key segments that contributed to the derivation of the self-service kiosk market analysis are component, type, and end-user.
The geographic scope of the self-service kiosk market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America. In terms of revenue, North America accounted for the largest self-service kiosk market share. In the US and Canada, consumers are more likely to buy things from kiosks. The market is expanding due to a combination of high discretionary income and the need for rapid shopping experiences with shorter wait times in lines.
The regional trends and factors influencing the Self-Service Kiosk Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Self-Service Kiosk Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 29.65 billion |
| Market Size by 2031 | US$ 66.88 billion |
| Global CAGR (2023 - 2031) | 10.7 % |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Component
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Self-Service Kiosk Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Self-Service Kiosk Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The self-service kiosk market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders and strategies:
The “Self-Service Kiosk Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
The global self-service kiosk market was estimated to be US$ 29.65 billion in 2023 and is expected to grow at a CAGR of 10.7 % during the forecast period 2023 - 2031.
An increase in demand for automated systems and increasing technological developments, along with a shift in consumer behavior, are the major factors that propel the global self-service kiosk market.
The increasing integration of Artificial intelligence (AI) and Machine learning (ML) is anticipated to play a significant role in the global self-service kiosk market in the coming years.
The key players holding majority shares in the global self-service kiosk market are ACRELEC Group, Embross, Gemalto, KIOSK Information Systems, and Meridian Kiosks.
The global self-service kiosk market is expected to reach US$ 66.88 billion by 2031.