Retail Interactive Kiosk Market - By Component (Hardware, Software, Services), By Technology (Touch-based Kiosks, Gesture-based Kiosks, Voice-activated Kiosks, Hybrid), By Type & Forecast, 2024 - 2032
Retail Interactive Kiosk Market size is projected to expand at 9% CAGR from 2024 to 2032, majorly led by the increasing demand for self-service technologies to enhance customer experience and reduce operational costs. The rising trend of omnichannel retailing is fueling the adoption of retail interactive kiosks, with customers expecting seamless integration between online and offline channels.
Significant technology developments, such as touchscreens, AI, and IoT, and new product developments are making interactive kiosks more sophisticated and appealing to retailers. For instance, in May 2023, Samsung Electronics launched KMC-W, an updated Windows version of the Samsung Kiosk for offering expanded software compatibility for industries, such as food and beverage, retail, travel, and healthcare.
The onset of the COVID-19 pandemic also accelerated the need for contactless solutions, boosting the penetration of retail interactive kiosks as businesses seek safer ways to engage with customers. Moreover, interactive kiosks also offer opportunities for personalized marketing, data collection, and analytics, adding to their adoption across various retail sectors.
The market is segregated into component, technology, type, and region.
Based on type, the retail interactive kiosk market from the vending kiosks segment is estimated to grow at significant rate between 2024 and 2032, due to their convenience, accessibility, and expanded product offerings. Vending kiosks provide customers with 24/7 access to a variety of products, including snacks, beverages, and electronics while meeting the increasing demand for on-the-go consumption. Rising innovations in payment systems and inventory management are further enhancing the efficiency and reliability of vending kiosks, adding to their adoption.
Retail interactive kiosk industry from the printers segment will expand at notable CAGR from 2024 to 2032. Enhanced demand for receipt printing, ticketing, and couponing functionalities is driving the adoption of advanced printers in interactive kiosks. The integration of high-speed and high-resolution printing capabilities improves the overall efficiency and effectiveness of kiosk operations. This is helping serve the evolving needs of retailers for enhancing the customer experiences in various retail environments.
Regionally, the Asia Pacific retail interactive kiosk market size will witness over 10% gains up to 2032, due to the rapid urbanization, increasing disposable income levels, and the growing adoption of technology in retail sectors. The rising demand for self-service solutions coupled with government initiatives for promoting digitalization and automation is boosting the demand for interactive kiosks. The expanding retail infrastructure and the thriving e-commerce sector is also increasing the deployment of interactive kiosks across the region.
Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 360 degree synopsis, 2018 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Profit margin analysis
3.3 Technology & innovation landscape
3.4 Patent analysis
3.5 Key news & initiatives
3.6 Regulatory landscape
3.7 Impact forces
3.7.1 Growth drivers
3.7.1.1 Growing retail adoption
3.7.1.2 Growing preference for contactless transactions and customer interactions
3.7.1.3 Need for enhancing customer engagement and shopping experience