What is the current size and annual growth rate of the retail self service kiosk market?
The retail self service kiosk market size has grown strongly in recent years. It will grow from $23.41 billion in 2024 to $25.65 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to increased cost reduction initiatives, consumer demand for convenience, regulatory compliance and security concerns, remote management and monitoring, competition and market differentiation.
The retail self service kiosk market size is expected to see strong growth in the next few years. It will grow to $36.47 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to increasing expansion into emerging markets, enhanced data analytics capabilities, focus on sustainability and eco-friendly solutions, improved inventory management. Major trends in the forecast period include augmented reality (AR) integration, voice-activated interfaces, blockchain-based payments, integration with robotics and automation, subscription-based services and membership programs.
Get Your Free Sample of The Global Retail Self Service Kiosk Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14990&type=smp
How has the retail self service kiosk market evolved, and what factors have shaped its growth?
The expanding use of contactless payments is expected to propel the growth of the retail self-service kiosk market going forward. Contactless payments refer to a secure and convenient payment method where customers can make purchases without physically swiping their card or passing it to another person. The reasons for expanding contactless payments are convenience, encouraging the adoption of digital wallets, enhanced security, and reduced cash handling costs. Contactless payments provide customers a fast, convenient, and secure way to complete transactions at self-service kiosks. For instance, in March 2024, according to reports published by UK Finance, a UK-based non-profit organization, the total value of contactless transactions was £27.5 billion ($34.7 billion) in 2023, a 7.2% increase of £25.7 billion ($32.4 billion) in December 2022. Therefore, the expanding use of contactless payments is driving the growth of the retail self-service kiosk market.
What are the major segments of the retail self service kiosk market?
The retail self service kiosk market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Type: Point of Interaction, Ticketing Kiosk, Other Types
3) By Application: Convenience, Super markets
Subsegments:
1) By Hardware: Kiosk Enclosure, Touchscreen, Printer, Payment Module, Other Hardware Components
2) By Software: Operating System, User Interface Software, Payment Software, Management Software, Security Software
3) By Services: Installation Services, Maintenance Services, Support Services, Consulting Services
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/retail-self-service-kiosk-global-market-report
Which companies dominate the retail self service kiosk market?
Major companies operating in the retail self service kiosk market are Samsung Electronics Co. Ltd., Verifone Inc., Hitachi Ltd., Schlumberger Limited, NCR Corporation, Diebold Nixdorf Inc., Sanden Holdings Corporation, Kontron AG, Fuji Electric Co.Ltd., Elo Touch Solutions Inc., Telpo Technology Co. Ltd., Fabcon Inc., Evoke Creative Limited, KIOSK Information Systems Inc., Japan Cash Machine Inc. Ltd., Saudi Economic and Development Company, Meridian Kiosks LLC, Frank Mayer and Associates Inc., Pyramid Computer GmbH, Voxson Pty. Ltd., RedyRef Interactive Kiosks, LamasaTech Inc., Optical Phusion Inc., Olea Kiosks Inc., Phoenix Kiosk Inc., Zytronic plc
How will evolving trends contribute to the growth of the retail self service kiosk market?
Major companies operating in the retail self-service kiosk market are focusing on developing new kiosk solutions such as high-performance kiosks built on Windows OS, to advance their offerings to their customers. The new high-performance kiosk is built on the Windows OS with Samsung’s latest interactive self-service display. For instance, in May 2023, Samsung Electronics Co. Ltd., a South Korean information technology company, launched KMC-Windows, an updated Windows version of the Samsung Kiosk designed for retail self-service applications. This new kiosk model features an interactive 24-inch display with expanded software compatibility, catering to industries such as food and beverage, retail, travel, and healthcare, offering high-performance computing power and full compatibility with significant ordering, point-of-sale, and property management system software.
What are the key regional dynamics of the retail self service kiosk market, and which region leads in market share?
North America was the largest region in the retail self service kiosk market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the retail self service kiosk market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Retail Self Service Kiosk Market Report 2025 Offer?
The retail self service kiosk market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Retail self-service refers to the practice of letting customers make purchases at a store without the assistance of retail staff. This system allows customers to independently engage in various aspects of their shopping experience, such as product discovery, checkout processes, and inventory management, providing them with greater control, convenience, and efficiency during their shopping journey.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14990
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
