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The global interactive kiosk market size is expected to gain momentum by reaching USD 33.99 billion by 2027. This is attributable to the increasing demand for advanced interactive kiosk across several industrial verticals globally. Fortune Business Insights in its latest report, titled, “Interactive Kiosk Market Size, Share & COVID-19 Impact Analysis, By Type (Public Information Kiosks, Financial Service Kiosks, Ticketing Kiosks, Hospital Registration Kiosks, Check-in Kiosks and Others), By Industry (Retail, BFSI, Healthcare, Hospitality, Airports, IT/Telecommunication and Others) and Regional Forecast, 2020-2027.”, mentions that the market stood at USD 16.10 billion in 2019 and is likely to exhibit a CAGR of 9.8% between 2020 and 2027.
Bankmed Deploys Diebold Nixdorf’s Advanced DN Series ATMs to Amplify its Market Position
In October 2019, Diebold Nixdorf, a leading connected commerce and banking solutions provider, announced that Bankmed will deploy its self-service DN Series ATMs across Lebanon. The company further reports that the ATMs will include a 19-inch multi-touchscreen that will facilitate check deposit and cash recycling. The DN Series is awarded with the prestigious Red Dot Award Product Design 2019 and is developed based on services and software-driven models offering advanced cash processing technology.
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Increasing Demand for Advanced Self-Service Kiosks Across Industrial Verticals to Feed Market Growth
The global pandemic, COVID-19 has led to significant changes across several industries. The companies are focusing on virtual user engagement more than ever to reduce the spread of the novel coronavirus. This has led to the increasing demand for advanced interactive kiosk equipped with modern advanced technologies such as artificial intelligence and the internet of things (IoT). These kiosks require fewer resources and have a user-friendly interface, along with a streamlined process. Therefore, the increasing demand for such kiosks from several industrial applications such as hospitality, airports, restaurants, and healthcare is expected to boost the global interactive kiosk market growth during the forecast period.
Product Launches by Prominent Companies to Consolidate Their Market Positions
The global market is fragmented by the presence of major companies striving to maintain their presence and gain a competitive edge over their rivals. They are doing so by developing innovative and advanced kiosks and further expanding their global footprint. Additionally, other key players are focusing on organic and inorganic methods to gain prominent position in the market in the forthcoming years.
List of the Companies Operating in the Global Market:
Further Report Findings:
Table of Segmentation:
Value (USD billion)
Type, Industry, Geography