[September 18, 2017]

Interactive Kiosk Market 2017 by Type, Vertical, Offering, & Geography - Global Forecast to 2023 - Research and Markets

The "Interactive Kiosk Market by Type, Vertical, Offering, & Geography - Global Forecast to 2023" report has been added to Research and Markets' offering.

The Interactive Kiosk Market Is Expected to Be Valued at USD 30.53 Billion by 2023, at a CAGR of 5.69% Between 2017 and 2023

The market growth can be attributed to several factors such as enhanced shopping experience for customers in the retail industry, and cost-effective and efficient medium for operation and geographic expansion of businesses. However, the high initial cost and requirement of regular maintenance of the kiosks and rising cyber-crime incidents are expected to hamper the growth of the market.

The vending kiosks held the largest share in the interactive kiosk market in 2016. Vending kiosks are the automated machines that provide various items such as snacks, beverages, alcohol, cigarettes, and lottery tickets to consumers after insertion of money or credit card in it. It is a product-dispensing kiosk that works as an all-in-one machine that is capable of handling the marketing and sales (till receiving the payment) activities. It is primarily used in retail stores, quick-service restaurants, hotels, airports, railway stations, malls, and so on.

orth America held the largest share of the interactive kiosk market in 2016 in terms of revenue, and the trend is expected to continue during the forecast period. The market in North America is driven by the presence of several end-user industries such as retail, healthcare, entertainment, and transportation in the countries such as the US, Canada, and Mexico. The market is witnessing growth due to the favorable economic conditions and increasing demand for vending kiosks in this region.

Market Dynamics

Drivers

• Increasing Interest of Customers in Self-Service Interactive Kiosks
• Enhanced Shopping Experience for Customers
• Cost-Effective and Efficient Medium for Operations and Geographic Expansion of Businesses

Restraints

• High Initial Cost and Need for Regular Maintenance of Interactive Kiosks
• Rising Cybercrime Incidents Likely to Hamper Adoption of Interactive Kiosks

Opportunities

• Integration of Intelligent Personal Assistant and Knowledge Navigator Technology

Challenges

• Rise in the Use of Tablets and Mobile Kiosks for Online Shopping
• Changes in Technological Environment Influencing the Sustainable Success of Kiosk Applications

Winning Imperative

• Rising Development of Interactive Kiosks for Physically Challenged Individuals
  

Companies Mentioned

• Advantech (News - Alert) Co., Ltd.
• Aila Technologies, Inc.
• Diebold Nixdorf, Incorporated
• Embross
• Hashtech Systems Pvt. Ltd.
• IBM Corporation
• IER SAS (News - Alert)
• Intuilab SA
• KAL
• KIOSK Information Systems
• Meridian
• NCR Corporation
• NEXCOM International Co., Ltd.
• Precision Metal Works
• REDYREF
• Slabbkiosks
• ZIVELO

For more information about this report visit https://www.researchandmarkets.com/research/dqsfm6/interactive_kiosk

View source version on businesswire.com: http://www.businesswire.com/news/home/20170918005617/en/

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