According to a recent report published by Transparency Market Research, the global kiosk market was valued at US $ 28.4 Billion in 2021 and is projected to expand to $49.9 Billion by the end of 2031.
Consumers became far more accepting of self service kiosks and cashless payments during the pandemic. Though automated teller machines (ATMs) still command the largest share of the kiosk market, interactive kiosks offering self-service options, digital payments, and cashless transactions continue to emerge everywhere as kiosks continue to gain acceptance and popularity. Their use continues to expand in a variety of end-use industries including check-ins, tickets, patient interaction, advertisements, parking, dispensing products, and plethora of other tasks related to the consumer experience.
Thanks to the rapid evolution and improvement of technologies, businesses now perform real-time updates, manage kiosks remotely, and distribute multimedia content across branches and locations worldwide.
If you like self-service kiosks, this is great news because we’re likely to see more of them in more places and with more purposes than ever before, every year.