15 July 2019 –
The Global Bank Kiosks Market is expected to
display higher growth rate in the upcoming years. Rapid surge in the market is
credited to the rising demand from government as well as commercial sector.
Rapid technological advancement in the banking and finance sector is a key
aspect for robust market growth of bank kiosks. The rise in number of banks,
financial institutions coupled with advent of digital banking are expected to
drive the growth of the market over the forecast period. Globally, bank kiosks
market is predicted to generate massive revenue over the forecast period,
providing numerous opportunities for industry participants to invest in
research and development of bank kiosks.
Rising deployment of bank kiosks to offer enhanced customer
services via interactive platforms is projected to positively influence market
growth over the forecast period. Integration of bank kiosks leads to reduction
in overall operational costs and higher performance are key driving factors for
sustained market growth over the coming years. Bank kiosks are deployed for
streamlining various banking services to offer better operational flexibility.
These factors are projected to favor market growth to a certain extent.
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Market Segment:
On the basis of
product, this report displays the production, revenue, price, market share and
growth rate of each type, primarily split into
• Single-Function Kiosk
• Multi-Function Kiosk
On the basis on the
end users/applications, this report focuses on the status and outlook for major
applications/end users, consumption (sales), market share and growth rate of
Bank Kiosks for each application, including
• Rural
• Urban
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The bank kiosks market is broadly categorized into major
segments based on the product type such as single-function systems,
multi-function systems and virtual/video teller machine. Single-function
systems segment is growing rapidly in the market with substantial revenue
generation in the last few years. Growing popularity of single-function systems
segment is attributed to the easy product availability and simple
installations.
Asia-Pacific region is estimated to hold a major share in
the bank kiosks market with massive growth in forecast period. Countries such
as India, China and Singapore are leading the Asia-Pacific market with strong
economic growth, rapid digitalization in banking sector, rising consumer base,
and significant investment by leading industry players considering potential
growth opportunities in the region.
The key players in the bank kiosks market are Kiosk
Information Systems, Inc., Honeywell International, Inc., NCR Corp., Fujitsu
Ltd., Diebold, Inc., Slabb Kiosks, Inc., Hitachi, Ltd., Glory Ltd., IBM Corp.,
and Eastman Kodak Co.
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