North American Market Forecast
North America industry is poised to dominate majority revenue share of 36% by 2037. This can be attributed owing to the rapid adoption of self-service kiosks along with the rising investments in the establishment of retail stores. Further, the rising disposable income of consumers in the region is leading to quick shopping experiences. Additionally, the well-developed banking sector infrastructure and the presence of quick-service restaurants are driving the growth of the market. For instance, the North American digital banking market surpassed a market share of USD 500 million in 2019.
APAC Market Statistics
The Asia Pacific region is estimated to be the fastest-growing market by the end of 2037. This can be ascribed to the back of rising installations of self-service kiosks in metro cities along with the surge in penetration of digital solutions in healthcare infrastructure. Also, seeing the growth of organized retail, BFSI, tourism sector and healthcare industries in the Asia Pacific region are propelling the growth of the self-service kiosk market in the forecast period. The growth of the market can also be anticipated by seeing various factors such as the growing GDP of the region, growing disposable income, consumer spending power, and growing product sales.
Europe Market Forecast
The market in the Europe region is anticipated to account for a significant market share in the forecast period. The market is particularly driven by the retail and hospitality sectors. The retail industry is a major consumer of self-service kiosks in Europe, with applications such as self-checkout, product information, and order and payment processing. Self-service kiosks are also widely used in the European hospitality industry, especially in fast-food restaurants, cafes, and hotels, ready-to-eat food as it’s a convenient and efficient way for customers to order food, drinks, and other services. increase.
Author Credits: Richa Gupta
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?