According to a new market report published by Industry Probe (www.industryprobe.com) titled ‘Interactive Kiosk Market (Product: Food Self-service Kiosk, Beverage Self-service Kiosks, Photo Kiosks, Ticketing Kiosks, Parking Kiosks, Patient Interactive Kiosks, Information Kiosks, Employment Kiosks, Check-in Kiosks, Automated Teller Machines Kiosks, and Others; Type: Floor Standing Kiosk, Wall Mounted Kiosk, and Others; and End-Use Industry: Retail, Hospitality, Banking & Financial Services, Healthcare, Transportation, Media & Entertainment, Government, and Others) – Global Industry Dynamics, 2018-19, Trends, and Forecast, 2020–2027’, the global interactive kiosk market was valued at US$ 28.65 Bn in 2018 and is expected to expand at a CAGR of 6.3% from 2019 to 2027.
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As per the report, Asia Pacific held a major share of the global interactive kiosk market in 2018. Emerging technology is an important tool for businesses to reach their target audience; interactive kiosks enable the assessment of new products. Technological advancements and presence of a large number of market players in North America are factors contributing to the anticipated growth of the global market. Manufacturers in North America are increasingly investing in the development of new products to remain competitive in the global market. Interactive kiosks are used in various end-use industries. Retail and hospitality are prominent industries that use interactive kiosks in order to promote their products and brands.