Self-Service Kiosk Market Booming: Growth Driven by Contactless Payments and Smart Stores

Staff Report From Georgia CEO

Tuesday, July 2nd, 2024

The global self-service kiosk market size is estimated to grow by USD 10.67 billionfrom 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  14.17%  during the forecast period. This growth is attributed to the increasing adoption of contactless payments and the rise of smart stores that utilize self-checkout kiosks.

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Key takeaways:

  • Market to grow at a CAGR of 14.17% during the forecast period.

  • Contactless payments and smart stores are major growth drivers.

  • Tablet kiosks pose a challenge to traditional kiosk adoption.

  • North America holds the largest market share (41%).

Market benefits:

  • Convenience and efficiency for customers.

  • Reduced wait times and improved customer experience.

  • Streamlined operations and improved service delivery for businesses.

Industries leveraging self-service kiosks:

  • Retail

  • Banking and finance

  • Hospitality

  • Travel and tourism

  • Healthcare

  • Entertainment and gaming

  • Stadiums and sports betting

Report offers insights on:

  • Market segmentation by end-user, component, and geography.

  • Growth drivers, challenges, and trends.

  • Competitive landscape