Market revenue in 2022 | USD 5,839.2 million |
Market revenue in 2030 | USD 12,636.1 million |
Growth rate | 10.1% (CAGR from 2022 to 2030) |
Largest segment | Hardware |
Fastest growing segment | Software |
Historical data covered | 2017 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hardware, Software, Services |
Key market players worldwide | NCR Voyix Corp, Diebold Nixdorf Inc Ordinary Shares- New, Zebra Technologies Corp Class A, Bollore SE, Advanced Kiosks, Embross, GRG Banking |
Hardware was the largest segment with a revenue share of 51.53% in 2022. Horizon Databook has segmented the Asia Pacific interactive kiosk market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
The APAC regional market is anticipated to witness significant growth owing to the increasing digitization and advancements in the technology. In addition, market players are observed adopting new business models to support their business growth.
Factors such as improving purchasing power of individuals and significant economic growth of developing countries in the region have garnered the attention of suppliers for investment purposes. Changing consumer behavior supported by the growing adoption of smart technologies is a key factor that is anticipated to support the demand for market products such as self-service kiosks and ATMs over the forecast period.
Consumers in Japan are more inclined toward robotics and automation. Keeping this in mind, a number of kiosk-based restaurants have been introduced to enable commuters to order their meals on the go. In developing countries such as India, interactive kiosks find the highest demand in banking and government sectors as the primary objective of consumers in these countries is information distribution.
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