Dublin, Jul 12, 2021 (GLOBE NEWSWIRE) – The “Global Bank Kiosk Market with COVID-19 Impact Analysis, By Type (Single Function Kiosk, Multifunction Kiosk, Virtual / Video Kiosk), Location (Indoor, Outdoor )) Supply, Sales and Geography – Forecast to 2026 “report was added to ResearchAndMarkets.com to offer.
The bank kiosk market was estimated at $ 744 million in 2021 and is expected to grow to $ 1,311 million by 2026; It is expected to grow at a CAGR of 12.0% over the forecast period.
Multi-function kiosks will make up the largest share of the bank kiosk market in 2020
Based on the type, the bank kiosk market has been divided into single function kiosk, multifunction kiosk, and virtual / video ATMs. The multifunction kiosk had the highest share in 2020. Factors such as lower capital expenditures for application development, equipment purchase, installation, and maintenance are pushing banks to favor multi-function kiosks over single-function kiosks, thereby fueling the growth of the banking kiosk market.
Indoor segment will make up the largest share of the bank kiosk market in the forecast period
Based on the location, the bank kiosk market is categorized into indoor and outdoor. Indoor banking kiosks are used in places with limited space and can help attract customers if they are in a crowded location. The growing interest in automation and self-service technologies in the banking and financial services sector is contributing to the greater proportion of indoor kiosks.
APAC is expected to have the highest CAGR in the market over the forecast period
Across all regions, APAC is expected to experience the highest growth in the banking kiosk market over the forecast period. The APAC bank kiosk market consists primarily of India, China, Japan, South Korea, and Australia.
The governments of the APAC countries strive to promote the development of the fintech industry and to offer new, innovative banking solutions. The main goal behind the increasing adoption of fintech is to bring international innovators to market and take banking to the next level.
The use of self-service kiosks is also increasing, especially for the population who prefer banking via interactive kiosks to traditional banking. The APAC self-service kiosk market is growing. Increasing customer awareness of the safety and reliability of bank kiosks will fuel the growth of the bank kiosk market.
Key topics covered:
1 Introduction
2 research methodology
3 Summary
4 premium insights
4.1 Major Opportunities in the Bank Kiosk Market
4.2 Bank kiosk market, by type
4.3 Bank kiosk market, after distribution
4.4 APAC Bank Kiosk Market by Type and Country
4.5 Bank Kiosk Market, By Geography
5 Market overview
5.1 Introduction
5.2 Market dynamics
5.2.1 Driver
5.2.1.1 Growing demand for self-service in the banking and financial services sector
5.2.1.2 Extended customer service from ATMs
5.2.1.3 Reduction of the total cost of ownership
5.2.2 Limitations
5.2.2.1 Increasing use of mobile devices for banking services
5.2.2.2 High installation costs and regular maintenance
5.2.2.3 Increasing incidents of cybercrime
5.2.3 Opportunities
5.2.3.1 Introduction of NFC-based contactless payment in the banking sector in the APAC region
5.2.3.2 Growing investments by companies in the Asia-Pacific region
5.2.4 Challenges
5.2.4.1 Combating cybersecurity threats
5.2.4.2 Constantly growing demand for improved technology
5.3 Value chain analysis
5.4 Regulatory landscape
5.5 Porter’s Five Forces Analyzer
5.5.1 Intensity of competitive rivalry
5.5.2 Proxy threat
5.5.3 Bargaining power of buyers
5.5.4 Bargaining power of suppliers
5.5.5 New Entrants Threat
5.6 Ecosystem Analysis
5.7 Technology analysis
5.7.1 Face recognition
5.7.2 Digital avatars
5.8 case studies
5.8.1 Branch processes are changed by cash recycling of cash
5.8.2 Skimming protection solution eliminates card skimming losses
5.8.3 Saudi Investment Bank improves origination by creating a futuristic branch
5.8.4 Bank Alfalah uses self-service cash deposit solution
5.8.5 Banque Populaire installed smart safes in their branches
5.9 Patent analysis
5.10 Average selling price (ASP) trend
5.11 Trade Analysis
6 Bank kiosk market, by type
6.1 Introduction
6.2 Single function kiosk
6.2.1 Bill payment kiosk
6.2.1.1 Bill payment machines enable on-demand business transactions
6.2.2 Check deposit kiosk
6.2.2.1 Check deposit kiosks enable automatic check collection and receipt printing
6.2.3 Card dispenser
6.2.3.1 Card issuers are essential for card-based transactions in self-service kiosks
6.2.4 Passbook printer
6.2.4.1 Passbook printers are used to print out account statements or passbooks
6.3 Multifunction kiosk
6.3.1 Increasing consumer acceptance and increasing use of numerous applications in the banking sector to increase the demand for multi-function kiosks
6.4 Virtual / video voting machine
6.4.1 Virtual / video ATMs provide remote assistance for complex banking operations
7 bank kiosk market, by supply
7.1 Introduction
7.2 Hardware
7.2.1 Card reader
7.2.1.1 Card readers decode information in microchips on credit and debit cards
7.2.2 Card issuing devices
7.2.2.1 Card issuing machines are used for ticket sales applications in various self-service sectors
7.2.3 Printer
7.2.3.1 Printers are used to print bank statements on passbooks
7.2.4 Touchscreens
7.2.4.1 Touchscreens play an important role in bank kiosks
7.2.5 Keyboards
7.2.5.1 Keyboards are used to enter data on banking transactions
7.2.6 Barcode readers and scanners
7.2.6.1 Barcode readers and scanners scan encrypted code to obtain information
7.3 software
7.3.1 Remote device management
7.3.1.1 Remote device management software enables remote changes in kiosk functions and operations
7.3.2 Usage Analysis Software
7.3.2.1 Usage analysis software determines the current usage rate and findings
7.3.3 Content Management Software
7.3.3.1 Content management software enables digital content management throughout the company
7.3.4 Application Development Platform
7.3.4.1 Application development platform provides licensable code modules for bill payment transaction requirements
7.3.5 Multivendor software
7.3.5.1 Multivendor software provides an individual management area for real-time information about the business
7.4 Services
7.4.1 Services include planning, deployment, installation, training, maintenance, upgrade and technical support
8 Bank Kiosk Market, by Location
8.1 Introduction
8.2 Indoor area
8.2.1 Indoor kiosks offer a viable alternative in closed environments
8.3 Outdoor
8.3.1 Outdoor kiosks should offer durability and function in different environmental conditions
9 Bank kiosk market, after distribution
9.1 Introduction
9.2 Rural
9.2.1 Rural areas have potential for further penetration of bank kiosks
9.3 Semi-urban
9.3.1 Government initiatives to promote digital payments and improve access to financial services would increase demand in semi-urban areas
9.4 Urban
9.4.1 Urban distribution to register the highest growth rate during the forecast period
9.5 metropolitan area
9.5.1 Metropolitan Distribution with high acceptance of bank kiosks due to better trained and technically savvy demographics Dem
10 Geographical Analysis
11 competitive landscape
12 company profiles
12.1 Introduction
12.2 Key Players
12.2.1 NCR Corporation
12.2.2 Diebold Nixdorf®
12.2.3 Fame Limited
12.2.4 GRGBanking
12.2.5 Kal ATM Software GmbH
12.2.6 Oki Electric Industry Co., Ltd.
12.2.7 Auriga SpA
12.2.8 Hitachi-Omron Terminal Solutions, Corp.
12.2.9 Cisco Systems, Inc.
12.2.10 Star Micronics Co., Ltd.
12.3 Other players
12.3.1 Aurionpro Solution Limited
12.3.2 Shenzhen Sui-Yi Touch Computer Co., Ltd.
12.3.3 Olicom
12.3.4 Iagona
12.3.5 Hyosung TNS Inc.
12.3.6 Genmega Inc.
12.3.7 Axiomtek Co., Ltd.
12.3.8 Emerico Limited
12.3.9 Shenzhen Yihua Smart Equipment Technology Co., Ltd.
12.3.10 Phoenix Microsystems
12.3.11 Wavetec®
12.3.12 Veripark
3/12/13 Printec Group
3/12/14 AGS Transact Technologies Ltd.
3/12/15 Partteam & Oemkiosks
13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: The subscription portal
13.3 Available adjustments
13.4 Related reports
13.5 Author information
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