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Demand for Interactive Kiosks Surges as Cities Take a Turn Toward Modernization

MarketResearchReports.biz has added a new research report to its ever-growing repository. The research report, titled “Interactive Kiosk Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025”, provides a detailed outlook of the strengths, weaknesses, opportunities, and threats present in the overall market.

 

Albany, NY -- (SBWIRE) -- 08/30/2018 -- Analysts have used primary and secondary research methodologies to provide the readers a comprehension explanation of the trajectory of the global interactive kiosk market between 2017 and 2025.

Interactive kiosks are used at various places for giving out relevant information, communication, ticketing, and commerce. These automated terminals have simplified daily operations for consumers and commuters. Designed as self-service kiosks and fully capable of performing the preset tasks on prompts these machines have proven to be the smart inclusion in development of urban areas. In the forthcoming years, city authorities, government, and private organizations are expected to heavily rely on these interactive kiosks for various uses. Technological advancements toward making these interactive kiosks easy to use with touch has also propelled the growth of the global market.

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On the basis of type, the global interactive kiosk market is segmented into check-in kiosks, vending machines, photo counters, ATMs, and coin and currency counters. These are mostly used for retail, hospitality, banking, government, entertainment, and amongst others. Analysts anticipate that the ATM segment will do exceptionally well in the coming years due growing demand for them across developing nations. Growing trend of banking through ATMs and increasing usage of ATM cards is expected to favor this segment in during the forecast period of 2017 and 2025.

Geographically, the global interactive kiosk market is segmented into Latin America, Western Europe, Eastern Europe, Asia Pacific, North America, and the Middle East and Africa. Out of these, North America is expected to lead the overall market in the coming years due to consistent usage of vending machines. The demand for interactive kiosks will remain high in this regional market due to mushrooming retail stores. Analysts anticipate that Asia Pacific will also be an integral contributor to the growing revenue of the interactive kiosk market as the service industry in the region is flourishing. Analysts anticipate that rise of healthcare, retail, and entertainment industries in the emerging economies India and China are expected to favor Asia Pacific interactive kiosk market. Improving airport and railway infrastructure across Asia Pacific has also been identified as a key element in this regional market.

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Some of the leading players operating in the global interactive kiosk market are NCR Corporation, Diebold, Inc., Fujitsu, Ltd., Acrelec, Kiosk Information Systems, GRGBanking, Meridian Kiosks, Olea Kiosks Inc., ZIVELO, Kontron AG, Glory Ltd, and Nautilus Hyosung. The publication evaluates the competitive landscape present in the overall market. In addition, it gives a fair picture of the financial outlooks of these companies, their research and development statuses, and their business and marketing strategies. The research report is aimed at identifying the emerging trends in the market and helping the readers to make well-informed business decisions.