Kiosk Market to Touch USD 51.05 billion by 2028; Prominent Players

On Sep 7, 2021

Key Companies Covered in Kiosk Market Research Report are iQmetrix (Canada), Embross (Canada), Diebold Nixdorf, Inc. (United States), SITA (Switzerland), KIOSK Information Systems (United States), ZIVELO (United States), Glory Global Solutions (International) Limited (United Kingdom), Advantech Co., Ltd. (Taiwan), NCR Corporation (United States) and Meridian Kiosk (United States).

Pune, India, Sept. 07, 2021 (GLOBE NEWSWIRE) — The global kiosk market size is projected to reach USD 51.05 billion by 2028, exhibiting a CAGR of 12.3% during the forecast period. Rising adoption of smart and interactive kiosk across several retail outlets will boost the growth of this market, states Fortune Business Insights™ in its report, titled “Kiosk Market, 2021-2028”. The market size stood at USD 20.29 billion in 2020.

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List of Key Companies Profiled in the Market Report:

• iQmetrix (Canada)

• Embross (Canada)

• Diebold Nixdorf, Inc. (United States)

• SITA (Switzerland)

• KIOSK Information Systems (United States)

• ZIVELO (United States)

• Glory Global Solutions (International) Limited (United Kingdom)

• Advantech Co., Ltd. (Taiwan)

• NCR Corporation (United States)

• Meridian Kiosk (United States)

REPORT SCOPE & SEGMENTATION:

Report Coverage	Details
Forecast Period	2021 to 2028
Forecast Period 2021 to 2028 CAGR	12.3%
2028 Value Projection	USD 51.05 Billion
Base Year	2020
Market Size in 2020	USD 20.29 Billion
Historical Data for	2017 to 2019
No. of Pages	120
Tables, Charts & Figures	60
Segments covered	Type; Industry; and Region
Growth Drivers	Advances in Technology are Enabling Compelling Designs of Interactive Kiosks
	Introduction of Self-service Kiosk by New York & Company to Intensify Market
	Retail Kiosk Likely to Generate Significant Revenue
Pitfalls & Challenges	High Upfront Investment and Ongoing Financial Crisis to Hinder Market Growth

COVID-19 Impact:

Unprecedented Downfall in Tourism & Retail Operations to Halt Growth amid COVID-19

The kiosk market growth is unlikely to escape the fury of the COVID-19 pandemic as the crisis has caused a major setback to the tourism and retail industries. According to the UN World Tourism Organization (UNWTO), international tourist numbers fell by 98% in May 2020, resulting in an approximate loss of USD 320 billion for the global tourism industry. The retail industry has been suffering as well, since lockdowns and social distancing measures are forcing consumers to stay at home, leading to sharp decline in foot traffic in retail outlets. For example, according to the Trust for Retailers & Retail Associates of India (TRRAI), the Indian retail sector is likely to face a 25-30% business impact. In tourism, these systems are extensively utilized for booking tickets, taxis, filling out immigration forms, getting flight information, etc. In retail, kiosks are necessary to simplify shopping for customers. With…