Bank Kiosk Market Analysis, Share, Size & Trends 2031
Bank Kiosk Market Analysis, Share, Size & Trends 2031
Segments - Bank Kiosk Market by Types (Single-functional Kiosk, Multi-functional Kiosks, and Video Teller Machine), Offerings (Hardware, Software, and Services), Distributions (Rural, Semi-urban, Urban, and Metropolitan), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :BFSI-3658
| 4.5 Rating
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| 154 Pages
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Report Description
Bank Kiosk Market Outlook 2031
The global bank kiosk market size was USD 16.26 Billion in 2022 and is projected to reach USD 55.87 Billion by 2031 register considerable CAGR 14.7% during the forecast period, 2023–2031. The growth of the market is attributed to the growing demand for self-service security applications, advancement in customer service, and reduced operational costs.
A kiosk is a small stall with internet connections, mostly found in villages, to help people avail basic bank services. Conventional banks in sectors, such as cooperative, public, and private, open a kiosk for people. A merchant opens a no-frills bank account for a buyer by taking a photograph of the customer and recording identify details. The particulars along with other documents are sent to the bank branch to carry out the KYC process.
Bank Kiosk Market Trends, Drivers, Restraints, and Opportunities
- Increasing activities in self-service technologies and automation in the banking and financial services sector drives the bank kiosk market.
- Rising occurrence of cybercrimes hampers the growth of the market.
- Bank kiosks decrease the time and effort on transactions, which creates high demand for bank kiosks across the globe.
Scope of The Bank Kiosk Market Report
The report on the global bank kiosk market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Bank Kiosk Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Types (Single-functional Kiosk, Multi-functional Kiosks, Video Teller Machine), Offerings (Hardware, Software, Services), and Distributions (Rural, Semi-urban, Urban, and Metropolitan) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
NCR Corp.; Diebold, Inc.; Hitachi-Omron Terminal Solutions; GRGBanking; Oki Electric; Shenzhen Yihua Computer Co., Ltd.; KAL ATM Software; Cisco Systems, Inc.; Glory Global Solution Limited; Inspur Technologies Co., Ltd.; and Nautilus Hyosung, among others |
Bank Kiosk Market Segment Insights
Financial services and customized solutions offered in multi-functional kiosks to drive the market
Based on types, the global bank kiosk market is divided into single-functional kiosk, multi-functional kiosks, and video teller machine. The single-functional kiosk segment is expected to grow at a rapid pace during the forecast period, as it helps improve the customer experience. However, the multi-functional kiosks segment is anticipated to hold a key share of the market in the coming years, as these kiosks offer financial services along with customized solutions to people.
Rising demand for advanced software to drive the market
On the basis of offerings, the market is segregated into hardware, software, and services. The offerings segment is projected to expand at a considerable CAGR during the forecast period, owing to rising demand for advanced software among people. The services segment is anticipated to account for a major market share during the forecast period, owing to various growth strategies by market players, including product launches and developments, to expand their global presence and increasing their share in the global bank kiosk market.
Technological advancements in metro cities to drive the market
On the basis of distributions, the market is segregated into rural, semi-urban, urban, and metropolitan. The metropolitan segment is anticipated to account for a large market share, due to technological advancements, including increasing number of non-banks and upgraded ATMS, in metro cities. The metropolitan segment is anticipated to account for a major market share during the forecast period, owing to rising awareness among consumers regarding the automatic machines.
North America is anticipated to constitute a key market share
In terms of regions, the global bank kiosk market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the forecast period, owing to initiatives undertaken by the governments in the region.
The market in North America is anticipated to expand at a rapid pace during the forecast period, due to collaboration of RBI as well as government of India for promoting self-banking and supporting the entry of major players in the market.
Segments
The global bank kiosk market has been segmented on the basis of
Types
- Single-functional kiosk
- Multi-functional kiosks
- Video teller machine
Offerings
- Hardware
- Software
- Services
Distributions
- Rural
- Semi-urban
- Urban
- Metropolitan
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- NCR Corp.
- Diebold, Inc.
- Hitachi-Omron Terminal Solutions
- GRGBanking
- Oki Electric
- Shenzhen Yihua Computer Co., Ltd.
- KAL ATM Software
- Cisco Systems, Inc.
- Glory Global Solution Limited
- Inspur Technologies Co., Ltd.
- Nautilus Hyosung, among others
Competitive Landscape
Key players competing in the global bank kiosk market are NCR Corp.; Diebold, Inc.; Hitachi-Omron Terminal Solutions; GRGBanking; Oki Electric; Shenzhen Yihua Computer Co., Ltd.; KAL ATM Software; Cisco Systems, Inc.; Glory Global Solution Limited; Inspur Technologies Co., Ltd.; and Nautilus Hyosung, among others.
These players are adopting various strategies including product launches, mergers & acquisitions, partnerships, and collaborations to increase their market share.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Bank Kiosk Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bank Kiosk Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bank Kiosk Market - Supply Chain
4.5. Global Bank Kiosk Market Forecast
4.5.1. Bank Kiosk Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bank Kiosk Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Bank Kiosk Market Absolute $ Opportunity
5. Global Bank Kiosk Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Bank Kiosk Market Size and Volume Forecast by Types
5.3.1. Single-functional kiosk
5.3.2. Multi-functional kiosks
5.3.3. Video teller machine
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Bank Kiosk Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Bank Kiosk Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Bank Kiosk Demand Share Forecast, 2019-2026
7. North America Bank Kiosk Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Bank Kiosk Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Bank Kiosk Market Size and Volume Forecast by Types
7.4.1. Single-functional kiosk
7.4.2. Multi-functional kiosks
7.4.3. Video teller machine
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Bank Kiosk Demand Share Forecast, 2019-2026
8. Latin America Bank Kiosk Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Bank Kiosk Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Bank Kiosk Market Size and Volume Forecast by Types
8.4.1. Single-functional kiosk
8.4.2. Multi-functional kiosks
8.4.3. Video teller machine
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Bank Kiosk Demand Share Forecast, 2019-2026
9. Europe Bank Kiosk Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Bank Kiosk Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Bank Kiosk Market Size and Volume Forecast by Types
9.4.1. Single-functional kiosk
9.4.2. Multi-functional kiosks
9.4.3. Video teller machine
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Bank Kiosk Demand Share Forecast, 2019-2026
10. Asia Pacific Bank Kiosk Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Bank Kiosk Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Bank Kiosk Market Size and Volume Forecast by Types
10.4.1. Single-functional kiosk
10.4.2. Multi-functional kiosks
10.4.3. Video teller machine
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Bank Kiosk Demand Share Forecast, 2019-2026
11. Middle East & Africa Bank Kiosk Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Bank Kiosk Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Bank Kiosk Market Size and Volume Forecast by Types
11.4.1. Single-functional kiosk
11.4.2. Multi-functional kiosks
11.4.3. Video teller machine
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Bank Kiosk Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Bank Kiosk Market: Market Share Analysis
12.2. Bank Kiosk Distributors and Customers
12.3. Bank Kiosk Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. NCR Corp.
12.4.2. Diebold, Inc.
12.4.3. Hitachi-Omron Terminal Solutions
12.4.4. GRGBanking
12.4.5. Oki Electric
12.4.6. Shenzhen Yihua Computer Co., Ltd.
12.4.7. KAL ATM Software
12.4.8. Ci
Methodology
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