Self-Service Technologies Global Market – Overview
The global Self-Service Technologies market is growing with the rapid pace is mainly due increasing awareness about biometric securities such as fingerprint recognition among people, which is propelling the Self-Service Technologies market growth to the large extent. According to a recent study report published by the Market Research Future, The global market of Self-Service Technologies is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2027, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2027).
The global Self-Service Technologies market is driven due to high adoption of technical advancement of remote and wireless communications, which are boosting the market growth Self-Service Technologies. The increasing demand of increasing demand for self-service machines and automated devices, are propelling the Self-Service Technologies market growth in the forthcoming years. The government regulations imposing over energy and power sectors which are hampering the growth of Self-Service Technologies Market.
Self-Service Technologies Market Players
Kiosk Information Systems Inc. (US), NCR Corporation (US), HESS Cash Systems GmbH & Co. (Germany), Fujitsu, Glory Ltd., Azkoyen Group, Crane Co. (USA), Mass International Europe B.V. (Netherlands), Vend-Rite and IBM Corporation (US) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Self-Service Technologies Market.
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January 08, 2018 – Kiosk Information Systems Inc., a market leader of Self-service Solutions has announced their partnership with Jifiti Gifting Solutions to offer an advanced self-service gift registry experience for retailers and brands. With these solution, the customer can look up registries in the store, locate gift selections, and purchase the items all within the registry kiosk.
Feb, 2016 – Kiosk information systems have announced about its new development CORE K-Nect, advanced remote monitoring applications which provide real-time visibility of a kiosk network. It offers other solution including monitoring and alerts on system connectivity, application status, individual component performance and others.
June 2016 – NCR Corporation, one of the leading consumer transaction technologies has announced about its latest development EMV encoded payment securities with counterpoint 18.104.22.168 to provide benefits of merchant to retailers.
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Self-Service Technologies Global Market – Competitive Analysis
The Market of Self-Service Technologies appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on latest technology and, most of all, in acquiring other firms.
Self-Service Technologies Global Market – Segmentation
Segmentation by Machine Type: Comprises ATM, vending machines, kiosks and others.
Segmentation by Application: Comprises R Retail, Banking, Healthcare, Food & Beverage, and Security & Surveillance Among Others.
Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific and Rest of the World.
Self-Service Technologies Global Market – Regional Analysis
North America is dominating the global Self-Service Technologies Market with the largest market share due to the increasing advancement in remote and wireless communication which is gaining demand in Self-Service Technologies market in these region, and is expected to gain growth by 2027. Global Self-Service Technologies market in Asia Pacific market is expected to grow at a substantial CAGR during 2016 to 2027 due to rapid demand for self-automated machines in which Self-Service Technologies are widely used. The European market for Self-Service Technologies market is expected to grow at a considerable CAGR (2016-2027).
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