Global Interactive Kiosk Market to Reach $51.6 Billion by 2030
According to the latest market research study published by P&S Intelligence, the global interactive kiosk market is projected to reach $51.6 billion by
2030, advancing at a compound annual growth rate (CAGR) of 7.5% from its
estimated value of $33.4 billion in 2024. This growth is primarily driven by
the convenience these machines offer over traditional shopping methods,
expanding internet connectivity in developing countries, and the burgeoning
trend of shopping on the go. Additionally, the rising rate of urbanization
worldwide and improvements in human-machine interfaces (HMIs), including
keypads and touchscreen displays, are encouraging increased usage of
interactive kiosks. The booming popularity of electronic payments and the
click-and-mortar shopping concept further propels market expansion.
Key Insights
The interactive kiosk market is segmented into various types, including ATM
kiosks, information kiosks, ticketing kiosks, patient interactive kiosks, and
vending kiosks. Among these, ATM kiosks have been the most common usage,
operating 24/7 and offering instant cash to people in emergencies. The
wide-ranging applications of these machines are a significant driver for the
market.
In terms of offerings, the market comprises hardware, software, and
services. Advancements in HMIs, such as keypads and touchscreen displays, along
with improvements in user interface/user experience (UI/UX) and overall design,
are encouraging people to use interactive kiosks more frequently.
The market is also categorized by location into indoor and outdoor kiosks.
The rising rate of urbanization around the world is contributing to the
increased deployment of interactive kiosks in various settings.
Panel size is another segmentation, with categories including 17−32” and above 32”. The largest panel size category is 17−32”, indicating a preference for medium-sized displays in interactive kiosks.
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Vertically, the market serves sectors such as retail, healthcare, banking,
financial services, and insurance (BFSI), government, transportation,
hospitality, and entertainment. The convenience offered by interactive kiosks
over traditional shopping methods is particularly driving their adoption in the
retail sector.
Geographically, North America holds the largest share of the interactive
kiosk market, attributed to advanced technological infrastructure and high
consumer acceptance. However, the Asia-Pacific region is expected to be the
fastest-growing market, driven by expanding internet connectivity in developing
countries and the burgeoning trend of shopping on the go.
Technological advancements, particularly the usage of artificial
intelligence (AI) to automate processes, are significant trends in the market.
AI-powered businesses can improve inventory optimization, which can help with
integration challenges when mixing digital and physical retail. Inventory
management systems can be used to handle items for both physical establishments
and e-commerce, allowing merchants and customers to receive real-time product
availability updates. AI computer vision technology provides greater than 99%
identification accuracy, enhancing the efficiency of interactive kiosks.
The interactive kiosk market is fragmented, with various players offering diverse solutions across different sectors. The introduction of advanced products and expansion into emerging markets present significant opportunities for industry participants. The booming popularity of electronic payments and the click-and-mortar shopping concept are also driving the market, as consumers increasingly seek convenient and efficient transaction methods.
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