Published Date : 07 Nov 19 | Views: 122 | Industry : Machinery & Equipment
Self-service kiosks to witness a surge in the demand
Based on the product, the Kiosk market is segregated as self-service kiosks, vending kiosks, and automated teller machine. Self-service kiosks have the ability to dispense a wide range of products, due to which their demand is increasing among the end-user industries. The global Kiosk market has been bifurcated on the basis of application as hospital, transport, bank, and others. Kiosk systems find key application in hospitals as these systems help to improve activities such as check-in, wayfinding, registration, information distribution, and many others. Banks are also extensively using Kiosks as an efficient baking channel to send government aids and funds.
North America to witness significant growth in the near future
Growing consumer preference for self-service across healthcare and finance industries is increasing the demand for self-service Kiosks in North America. Additionally, presence of a well-established banking and financial service infrastructure in this region is positively influencing the regional market growth. Implementation of government initiatives has increased the adoption of Kiosk systems in various sectors in Asia Pacific.
Key players to adopt innovative pricing strategies
GRGBanking, Glory Limited, NCR Corporation, KING STAR, OKI, Hitachi, Nautilus, Kontron, IBM Corporation, RedyRef, SlabbKiosks, Diebold, Kiosk Information Systems, TCN, Honeywell, Meridian Kiosks, UNICUM, Wincor Nixdorf, Fujitsu Limited, and Eastman Koda are some of the key manufacturers operating in the global Kiosk market. It has been observed that manufacturers are taking up innovative pricing strategies in order to attract larger customer base.
Rise in the demand among services industries to drive the market
Growing demand for Kiosk systems from services industries is a key factor driving the market. Moreover, surge in the need among industries to enhance customer experience is playing a key role in fuelling the market growth. Technological advancements and integration of more advanced software are also having a positive impact on the market growth. Moreover, manufacturers are incorporating digital signage technologies in Kiosks, which is opening novel avenues for the market. On the flip side, high initial installation cost of the Kiosks may hamper the overall Kiosk market growth. Also, growing security concerns are challenging the Kiosks market growth to an extent.
For further information, check: https://www.qyrconsulting.com/reports/kiosk-market