Self-Service Technology Market 2019 Global Industry Analysis with Size, Share, Upcoming Trends, Business Growth, Emerging Technology, Demand and Forecast 2023

The Self-Service Technology Market is expected to generate a market value of USD 32 billion by 2023 growing at a CAGR of 13%.

pune, India - July 16, 2019 /MarketersMedia/ —

Global Self-Service Technology Market Overview

The global market for self-service technology is estimated to grow at a significant rate during the forecast period from 2018 to 2023. Self-service technologies refer to interfaces that enable direct generation of services without the involvement of third parties. Rising digitization has altered the way companies interact with customers and offer their services. Developments in different technologies such as smartphones and the internet of things (IoT) have fueled the need for instant fulfillment of required services. Self-service technologies aid organizations to provide their services to existing and potential consumers on demand in any desired location, without the need for any sales representatives. Market reports linked to information and communication technology industry have been offered by Market Research Future which makes reports on other industry verticals that aims to study the current market scenarios better.

Get Free Sample copy of Self-Service Technology Market @ https://www.marketresearchfuture.com/sample_request/927

The increased level of investment in self-service technologies particularly in the corporate sector is projected to increase the growth pace in the forecast period. The increased level of digital transformation is expected to further incentivize the market development in the upcoming years. The cost reserves that can be achieved from the implementation of self-service technology by reducing the dependence on sales representatives. Moreover, the growth in installations of self-service technologies will increase the revenues that can be generated from idle places in structures, which will further incentivize the market expansion in the forecast period.

Key Players

The global self-service technology market has many significant players including Kiosk Information Systems (US), NCR (US), HESS Cash Systems GmbH & Co. KG (Germany), Fujitsu (Japan), GLORY LTD (Japan), Azkoyen Group (Spain), Crane Co. (US), Vendrite (US), Diebold Nixdorf, Inc. (US) and IBM Corporation (US).

Industry Update

April 2019: American Jewelry and Loan is launching a self-service kiosk that allows customers to renew their loans, pick up items in pawn faster and easier, and make layaway payments. It also announced the launch of their new mobile pawn system which allows customers to renew loans, make cash-free loan/layaway payments through smartphones and computers.

Market Segmentation

The global self-service technologies market is segmented by MRFR on the basis of machine type, interface, application, and region. Based on machine type, the global self-service technologies market is segmented into ATMs, kiosks, and vending machines. The segment of ATMs is further sub-segmented into on-site ATMs, off-site ATMs, brown label ATM, and white label ATM. The segment of kiosks is segmented into photo kiosk, information kiosk, check-in kiosk, ticketing kiosk, and employment kiosk. The segment of vending machines is further sub-segmented into candy vending machine, beverage vending machine, and snack vending machine.

Based on interface, the global self-service technologies market is segmented into telephone/VR, online/internet, video/CD, and interactive kiosk. Based on application, the global self-service technologies market is segmented into retail, healthcare, food & beverages, banking, transportation, entertainment, and security & surveillance.

Self-Service Technology Market Competitive Analysis

The competitive outlook for the market is projected to diversify extensively in the coming period. The market competitors find themselves in a promising position with the capacity to handle the pace of change. The contestants are dynamically addressing the challenges to growth and are creating strategies that can have the best overall effect on the market's development. The developments in the market are likely to be fuelled by the rise in investments and product inventions. The market influencers are taking an interest in the making of strong value chains that can yield increased profits. The prospects for growth in the market have ample room for growth in the forecast period. The perceived propensity for the market’s growth has improved following the accessibility to positive aspects in the market.

Self-Service Technology Market Detailed Regional Analysis

The regions considered in the self-service technology market are North America, Europe, Asia Pacific and rest of the world. The market for self-service technology is estimated to grow at a significant rate globally through the forecast period from 2018 to 2023. The North American region is anticipated to lead the self-service technology market through the forecast period. The chief factors affecting the adoption rate of self-service technology in this region are the growing demand for automated machines to gain access to services promptly and a connected infrastructure which offers seamless connectivity for the devices. Also, the well-established economies in countries such as Canada, the US, and Mexico are increasingly devoting finances to the research and development of wireless communication technologies such as RFIDs and sensors which are anticipated to motivate the market development in the region. The Asia Pacific region is anticipated to develop at a substantial pace through the forecast period owing to the growing adoption of self-service technologies by large organizations and SMEs to spread their presence and increase their service contributions. Moreover, the growing consumer spending to power services is also boosting the growth of the market.

TABLE OF CONTENTS

Executive Summary
Scope of The Report
2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

Market Research Methodology
3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

LIST OF TABLES

Table1 Global Self-Service Technology Market, By Country, 2018–2023

Table2 North America: Self-Service Technology Market, By Country, 2018–2023

Table3 Europe: Self-Service Technology Market, By Country, 2018–2023

Get Self-Service Technology Market Report Details @ https://www.marketresearchfuture.com/reports/self-service-technologies-market-927

LIST OF FIGURES

FIGURE 1 Global Self-Service Technology Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Self-Service Technology Market

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future, +1 646 845 9312, Email: sales@marketresearchfuture.com,
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/self-service-technologies-market-927

Source URL: https://marketersmedia.com/self-service-technology-market-2019-global-industry-analysis-with-size-share-upcoming-trends-business-growth-emerging-technology-demand-and-forecast-2023/88896825

Source: MarketersMedia

Release ID: 88896825

More News From Morning Dispatcher

US envoy to resume talks with Taliban on ending Afghan war

Aug 21, 2019

KABUL, Afghanistan — The United States envoy negotiating with the Taliban for an end to nearly 18 years of fighting in Afghanistan was departing Tuesday for Qatar to resume the talks, the State Department said, amid concerns about a growing threat by an Islamic State affiliate. Zalmay Khalilzad also will visit with the Afghan government, which has been sidelined from the talks, to discuss the "peace process and encourage full preparation for intra-Afghan negotiations," the U.S. said. The new talks in Qatar, where the insurgent group has a political office, come after a horrific suicide bombing at a wedding in...

Images show Iran satellite launch looms despite US criticism

Aug 21, 2019

DUBAI, United Arab Emirates — Iran appears to be preparing another satellite launch after twice failing this year to put one in orbit, despite U.S. accusations that the Islamic Republic's program helps it develop ballistic missiles. Satellite images of the Imam Khomeini Space Center in Iran's Semnan province this month show increased activity at the site, as heightened tensions persist between Washington and Tehran over its collapsing nuclear deal with world powers. While Iran routinely only announces such launches after the fact, that activity coupled with an official saying a satellite would soon be handed over to the country's Defense...

Indian authorities begin easing clampdown in Kashmir

Aug 21, 2019

NEW DELHI — Authorities in Indian-administered Kashmir began restoring landline phone services on Saturday after a nearly two-week security crackdown and news blackout following a decision by India's government to downgrade the Muslim-majority region's autonomy. Shahid Choudhary, a government administrator in Srinagar, the region's main city, said restrictions were being lifted in most areas and government offices were open. He also said on Twitter that food and other supplies were available "in abundance." Police said restrictions on the movement of people were relaxed in several parts of the region. "Situation remains peaceful," they said on Twitter. Rohit Kansal, another administrator...

New Zealand set Sri Lanka 268 runs to win 1st test

Aug 21, 2019

GALLE, Sri Lanka — New Zealand set Sri Lanka a challenging 268-run target to win the first cricket test against Sri Lanka on Saturday after its lower order rallied around B.J Watling to salvage the team from a precarious position. The Black Caps were bowled out for 285 in their second innings after struggling on 124 for six. Watling led their resurgence, sharing a 54-run partnership with Tim Southee and adding 46 runs with William Somerville. New Zealand's tail-enders then put on 36 and 25 runs respectively for the ninth and 10th wickets. The target could prove challenging, with the...

Hundreds defy restrictions, join protests in Kashmir

Aug 21, 2019

NEW DELHI — Hundreds of people protested an unprecedented security crackdown and clashed with police Friday in Indian-controlled Kashmir, as India's government said it was constantly reviewing the situation in the disputed region and the restrictions there will be removed over the next few days. The U.N. Security Council met on Jammu and Kashmir for the first time in decades, and Pakistan's ambassador to the world body said the session showed that people in the region "may be locked up ... but their voices were heard today." The Security Council took no action during the closed meeting, which was called...

About Us

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.

Contact us: sales[at]morningdispatcher.com

Subscribe Now!

Quick Links

HomePress