Published on : Aug 14, 2018
Albany, New York, August 14, 2018: These days, kiosks are common in almost all public places, including shopping centers, parking areas, malls, libraries, bus stands, railway stations, airports, and hotels. The demand for kiosks from the retail and education sectors is expected to rise during the forecast period. The retail sector is a significant revenue contributor to the kiosk market. To elaborate further, Market Research Hub (MRH) has publicized a study titled “Kiosk Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” to its massive online repository. This 254-page study offers readers a clear picture of the current scenario of the kiosks market and future growth prospects.
Key Highlights from the Report
Initially, the readers can access data about the executive summary that covers market snapshot to enlighten them about the motive of the study. Other important facets studied in this section include segmental analysis and competitive strategies. According to the research findings, the demand for kiosk has increased significantly in recent years. They are an excellent means for improving customer experience. They appeal to tech-savvy and digitally inclined consumers and help in improving the efficiency of operations for the services industry. Over the coming years, these factors are expected to provide considerable traction to the global kiosk market.
As per the research key evaluations, the kiosk market is anticipated to reach 43,376 thousand units, in terms of volume, by 2026, expanding at a CAGR of 7.1%. Analysts of the report finds that kiosks are playing a major role in increasing sales across a wide range of industries. As a result, most businesses are expected to incorporate kiosk marketing as a key strategy to increase their profits.
For a better understanding, the report offers a detailed segmentation of the market based on type, screen type, screen size, end-use, and geography. The geographical analysis is a crucial section of the report, which analyses market scope in prime regions including North America, Middle East & Africa (MEA), Europe, Asia Pacific, and Latin America. In terms of geography, North America constitutes a key market share, and the market in the region is anticipated to expand at a strong pace during the forecast period. Moving further, on the basis of type the study covers vending, self-service kiosk/interactive kiosk, locker kiosk, ATM, charging kiosk and others. Based on end-user, the study covers banks, petrol stations, retailers, transport, governments, and petrol stations. As per the report, the vending machine industry is expected to expand expressively during the forecast period.
Later, the competitive landscape offered in the report is a valuable resource for readers, as it helps in gauging the complete competitive scenario in the market. At players, key players functioning across the global include Diebold, Inc., Phoenix Kiosk, NCR Corporation, Fujitsu Group, Zytronic PLC, Glory Ltd., KIOSK Information Systems, Kontron AG, Meridian Kiosk, Olea Kiosk, Inc., Fabcon, Inc., and ZIVELO.
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