Bank Kiosk Market to reach USD 1.47 billion by 2027.Global Bank Kiosk Agents Market is valued approximately at USD 0.66 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 12% over the forecast period 2021-2027. A bank kiosk are the small electronics machines installed by banks at different locations operated with the help of internet. The purpose of these machines is to offer banking services without the need to visit the bank. The Bank Kiosk market is being driven by growing demand for self- servicing in banking and financial services and especially by enhanced customer services offered by banks kiosks for example ATM. Moreover, enhancement of kiosks by integration of various features such as contact-less payment is boosting the market worldwide. For instance, A next-generation ATM software platform, in October 2020, was introduced by NCR Corporation named as NCR Activate Enterprise NextGen. This software allows easier and faster digital services to customers through the ATM by integrating physical and digital for a consistent customer experience. However, high installation cost as well as increasing use of mobile banking are the factors that may hamper the bank kiosk market growth to certain extent
The regional analysis of the Bank Kiosk Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the significant region across the world in terms of market share due to rapidly expanding banking and financial services sector in the region.
Major market player included in this report are:
NCR Corporation
Diebold Nixdorf
GLORY LIMITED
GRG Banking
KAL ATM Software
Auriga SpA
Hitachi-Omron Terminal Solutions
Cisco Systems Inc.
OKI Electric Industry Co. Ltd .
Korala Associates limited
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Offering:
Hardware
Software
Services
By Distribution:
Rural
Semi-urban
Urban
Metropolitan
By Type
Single-function kiosk
Multi-function kiosk
Virtual/Video Teller Machine (VTM)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Bank Kiosk (PSF) Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors