Latin America Interactive Kiosk Market Size & Outlook
Latin America interactive kiosk market, 2017-2030 (US$M)
Related Markets
Latin America interactive kiosk market highlights
- The Latin America interactive kiosk market generated a revenue of USD 2,931.3 million in 2022.
- The market is expected to grow at a CAGR of 8.2% from 2023 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2022.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 2,931.3 million |
| Market revenue in 2030 | USD 5,519.3 million |
| Growth rate | 8.2% (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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.6% of the global interactive kiosk market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,636.1 million by 2030.
Hardware was the largest segment with a revenue share of 55.19% in 2022. Horizon Databook has segmented the Latin America interactive kiosk market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
In Latin America, the demand for interactive kiosks is expected to increase as retail stores in the region are increasingly deploying interactive kiosks to provide elaborate information about each of the department stores, thereby opening potential growth opportunities for the vendors of interactive kiosks.
For instance, in February 2018, El Palacio de Hierro, a chain of department stores based in Mexico, installed interactive kiosks at its flagship store in Polanco, Mexico City, to guide its customers and acquaint them with the retail establishments of each of the department stores.
In Brazil, airlines are deploying interactive kiosks to help hearing-impaired travelers and passengers, thereby propelling the growth of the market. For instance, in 2016, an airline based in Brazil, launched an interactive kiosk to connect with hearing-impaired travelers and passengers leveraging a video conferencing system operated by sign language interpreters in real time.
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Interactive Kiosk Market Scope
Interactive Kiosk Market Companies
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Latin America interactive kiosk market size, by country, 2017-2030 (US$M)
Latin America Interactive Kiosk Market Outlook Share, 2022 & 2030 (US$M)
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