Self Service Technology Trends and Forecast
The future of the global self service technology market looks promising with opportunities in the BFSI, manufacturing, hospitality, retail, healthcare, office, and education markets. The global self service technology market is expected to reach an estimated $77.8 billion by 2030 with a CAGR of 10.1% from 2024 to 2030. The major drivers for this market are increasing consumer self-service demand, the broad use of cashless payment methods, and continuous industry technical developments.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Self Service Technology by Segment
The study includes a forecast for the global self service technology by component, type, end use, and region.
Self Service Technology Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Hardware
• Software
• Services
Self Service Technology Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Vending Machine
• ATM
• Kiosks
Self Service Technology Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• BFSI
• Manufacturing
• Hospitality
• Retail
• Healthcare
• Offices
• Education
• Others
Self Service Technology Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Self Service Technology Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies self service technology companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the self service technology companies profiled in this report include-
• KIOSK Information System
• NCR Corporation
• HESS Cash Systems
• Fujitsu
• Glory
• Azkoyen
• Crane
Self Service Technology Market Insights
Lucintel forecasts that hardware is expected to witness the highest growth over the forecast period.
Within this market, retail will remain the largest segment because the self-service technologies are encouraged to be adopted by businesses by offering superior customer experience and quality service.
APAC is expected to witness highest growth over the forecast period due to expanding the installation of vending machines, ATMs, and self-service kiosks throughout the regionÄX%$%Xs rising economies.
Features of the Global Self Service Technology Market
Market Size Estimates: Self service technology market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Self service technology market size by component, type, end use, and region in terms of value ($B).
Regional Analysis: Self service technology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different component, type, end use, and regions for the self service technology market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the self service technology market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the self service technology market size?
Answer: The global self service technology market is expected to reach an estimated $77.8 billion by 2030.
Q2. What is the growth forecast for self service technology market?
Answer: The global self service technology market is expected to grow with a CAGR of 10.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the self service technology market?
Answer: The major drivers for this market are increasing consumer self-service demand, the broad use of cashless payment methods, and continuous industry technical developments.
Q4. What are the major segments for self service technology market?
Answer: The future of the global self service technology market looks promising with opportunities in the BFSI, manufacturing, hospitality, retail, healthcare, office, and education markets.
Q5. Who are the key self service technology market companies?
Answer: Some of the key self service technology companies are as follows:
• KIOSK Information System
• NCR Corporation
• HESS Cash Systems
• Fujitsu
• Glory
• Azkoyen
• Crane
Q6. Which self service technology market segment will be the largest in future?
Answer: Lucintel forecasts that hardware is expected to witness the highest growth over the forecast period.
Q7. In self service technology market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to expanding the installation of vending machines, ATMs, and self-service kiosks throughout the regionÄX%$%Xs rising economies.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the self service technology market by component (hardware, software, and services), type (vending machine, ATM, and kiosks), end use (BFSI, manufacturing, hospitality, retail, healthcare, offices, education, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Self Service Technology Market, Self Service Technology Market Size, Self Service Technology Market Growth, Self Service Technology Market Analysis, Self Service Technology Market Report, Self Service Technology Market Share, Self Service Technology Market Trends, Self Service Technology Market Forecast, Self Service Technology Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.