HOME Research Insight KIOSK Information Systems (US) and KIOSK Information Systems (US) are the major players in the Interactive Kiosk Market

KIOSK Information Systems (US) and KIOSK Information Systems (US) are the major players in the Interactive Kiosk Market

The interactive kiosk market is expected to be worth USD 30.53 Billion by 2023, at a CAGR of 5.69% during the forecast period. The growth is driven by factors such as increasing interest of customers in self-service interactive kiosks and enhanced shopping experience for customers.

Integration of intelligent personal assistant and knowledge navigator technology will create opportunities for the interactive kiosk market. Some of the major players operating in the interactive kiosk market are KIOSK Information Systems (US), NCR Corporation (US), SlabbKiosks (US), IBM (US), Diebold Nixdorf (US), Embross (Canada), IER SAS (France), Meridian (US), REDYREF (US), Advantech Co. (Taiwan), NEXCOM International Co. (Taiwan), and KAL (UK).

KIOSK Information Systems (US) was ranked first in the interactive kiosk market. The key strategy adopted by the company is to provide a customized design solution for the customers for the retail, bill payment, and human resource (HR) applications for highly custom-made multifunctional banking, vending, smart locker, and border security solutions. In April 2015, Intel Security collaborated with KIOSK Information systems, to provide better retail kiosk security options. The company focuses on the development of new products with advanced technology as per the demand of the customers. For instance, KIOSK Information Systems launched CORE K-Nect in February 2016. CORE K-Nect is a new remote monitoring application that provides real-time visibility of an unattended kiosk network.

NCR Corporation (US) held the second position in the interactive kiosk market in 2016. The company focuses on strategies such as product launches and developments, agreements, collaborations, and partnerships for its growth. In June 2017, it launched a suite of integrated CxBanking solutions to help financial institutions (FIs) in India to navigate digital and omni-channel transformations while improving speed-of-service, reducing downtime, and enhancing customer experience. The company signed an agreement with Red Rook (US) in June 2017 to provide robust omni-channel solutions to specialty retailers in North America.

Related Reports:

Interactive Kiosk Market by Offering (Hardware and Software & Services), Type (Bank Kiosks, Self-Service Kiosks, and Vending Kiosks), Vertical, and Geography - Global Forecast to 2023

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