Kiosk Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Kiosk Market is expected to reach a CAGR of 13% over the forecast period. Kiosks are being designed in such a way that information is transferred to the user (consumer) at the fastest rate. Kiosks have become a vital part of various organizations, businesses, and locations where necessary information and guidance are required. Moreover, the growing need for self-service in multiple applications for better customer satisfaction, self-control, and customer privacy helps fuel the demand for kiosks across emerging economies.
Key HighlightsThe kiosk market is highly fragmented due to the included players across the value chain of the kiosk market, including hardware, software, and solution vendors. The solution providers have begun manufacturing hardware to minimize overhead expenses and improve economies of scale. Moreover, the market is highly competitive and technology-driven. The market comprises many small players accounting for little market share individually.
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