Innovation

Interactive kiosk market to grow to $49.9B

December 15, 2022

The interactive kiosk market will grow from $28.4 billion in 2021 to $49.9 billion by 2031, according to research from Transparency Market Research. It will grow at a compound annual growth rate of 6% during the forecasted period, according to a press release.

The ATM market currently holds the largest market share. In addition, retail and food and beverage are increasingly deploying vending kiosks.

Key market trends include:

• Pandemic shifting customers to cashless transactions.
• Variety of uses such as check-in, patient interactive, advertisements and more.
• Allows customers to compare prices and review product information without human interaction.