Market revenue in 2022 | USD 5,684.0 million |
Market revenue in 2030 | USD 9,884.7 million |
Growth rate | 7.2% (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 43.27% in 2022. Horizon Databook has segmented the Europe interactive kiosk market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
In Europe, organizations belonging to the public and private sectors are increasingly adopting vending machines having realized that vending machines can help in eliminating overhead costs and enhancing the buying experience, thereby propelling the growth of the interactive kiosk market.
The deployment of bill payment kiosk is rising in Europe as it increases convenience for customers and allows users to pay income tax, utility bill, insurance premium, and mobile phone bill, among others. In addition, growing preference for e-wallets among individuals to pay bills and availability of bill payment kiosks along with access to e-wallets is expected to drive the growth of the European interactive kiosks market.
Social service organizations are increasingly installing interactive kiosks as part of their service offerings. For instance, in the U.K., a vending machine was installed in a shopping mall in Nottingham in December 2017. The vending machine offers energy bars, fruits, water bottles, and chips, among others, for homeless people in the U.K.
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