Kiosk Market is expected to reach US$2.01 bn by the end of 2025

Market-Research

The global interactive kiosk market is gaining a lot of traction due to its real-time information transfer facility and increasing interaction between present UI program and human. The fast moving crowd at airports, gas stations, railway stations, banks, and in various public places requires an interactive kiosk to provide information without the need for human interaction.

An interactive kiosk allows the person to perform a wide range of functions such as it allows people to select a book in a library, issue a hotel key card, look up information about products, and many other similar functions without relying on any other person.

Globally, the demand for such machines that a have human-machine interface is increasing. Rapid urbanization is fueling the demand for this machine in the emerging economies. Thus, in a recent report published by Transparency Market Research (TMR), the global market for interactive kiosk is projected to rise at a healthy CAGR of 7.32% during the forecast period between 2017 and 2025. The valuation of the global interactive kiosk market is expected to reach US$2.01 bn by the end of 2025 from US$ 1.14 bn earned in 2017.

Information Kiosks will lead the Market due to their Increasing Use

The global interactive kiosk market is categorized on the basis of end use and type with different segments taking place under it. On the basis of type, the global interactive kiosk market is segmented into ticketing, patient interaction, information, check-in, employment, and bill payment services. Among these, the information kiosk segment was valued at US$0.31 bn in 2017 and is estimated to expand at 8.0% of CAGR during the forecast period from 2017 to 2025. On the other hand, the demand for ticketing kiosk is also escalating and is estimated to reach a revenue of US$0.42 bn by the end of 2025.  The demand for information kiosk is high as it provides information about a particular topic or subject. Whereas the demand for ticketing kiosk is rising due to its increasing popularity in the entertainment industry for sales and print of sports events tickets, movie tickets, concert tickets etc.

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Based on end use, the global interactive kiosk market is segmented into advertisers, commercial complex, banks, retailers, government, petrol station, and transport including bus, airports, and railway stations operators. The retailers segment is leading the market in terms of both value and volume. In terms of value, the retailers segment is expected to produce a demand for the interactive kiosk that will be worth US$ 0.93 bn by the end of the forecast period in 2025. In respect of volume, the retailers segment is projected to receive more than 414 thousands units of interactive kiosks during the forecast tenure. Moreover, banks are expected to overtake the demand potential of entire transport segment including railways stations, bus, airports operators.

Rising Population to Boost Demand for Interactive Kiosk in Asia Pacific

Geographically, as the global interactive kiosk market can be segmented into North America, South America, Europe, Asia Pacific, and the Middle East and Africa. Due to the wide usage of interactive kiosk in the U.S., North America is leading the global interactive kiosk market. The market is estimated to reach US$ 0.98 bn by end of 2025 in North America.

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Rising population in developing countries such as China and India have created high demand for interactive kiosk in Asia Pacific. The market is expected to rise at an above average CAGR of 8.9% during the forecast tenure in this region. Asia Pacific interactive kiosk market is projected to attain a valuation of US$ .42 bn by the end of 2025.

The report has also analyzed the leading players in the global interactive kiosk market. Some of the leading players are Acrelec, NCR Corporation, GRGBanking, ZIVELO, Olea Kiosks Inc., and Kiosk Information Systems.