Market Overview:
The global self-service terminal device market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for self-service terminals from retail, government authority, financial industry, tourism, transportation and entertainment sectors across the globe. Additionally, the growing trend of automation and digitization is also fueling the growth of this market. On the basis of type, ATM accounted for a major share of the global self-service terminal device market in 2017. This can be attributed to its widespread use by banks and other financial institutions for performing various transactions such as cash withdrawals and deposits.
Product Definition:
A self-service terminal device is a computerized kiosk that allows customers to access information or services without the need for assistance from a live operator. These devices are often used in airports, hotels, and other public places where people need quick and easy access to information.
ATM:
ATM, also known as cash machine or self-service terminal, is a device used for withdrawal and deposit of money. It enables users to transfer funds from their bank accounts to the designated account using various payment modes including cash, check, and credit/debit cards. The global ATM market is expected to witness significant growth over the forecast period owing to its increasing usage in both retail & commercial sectors across the world.
KIOSK:
KIOSK is an interactive kiosk which stands for "kiosk information office station". It is a self-service terminal device used in public toilets, metro stations, and bus stops. The major function of these devices includes advertising and providing information on various services such as weather forecast, time & location of the next buses/metro trains etc. These devices are equipped with speakers to provide out loud the details regarding next buses/metro trains etc.
Application Insights:
The retail segment dominated the global self-service terminal device market in 2017, accounting for over 40% of the overall revenue share. The growth can be attributed to an increase in e-commerce activities across the globe. With a rise in consumer preference for shopping online, retailers are increasingly adopting self-service technologies to reduce counter queues and enhance customer experience. Moreover, rising adoption of mobile payment solutions such as Apple Pay and Samsung Pay is further driving the demand for kiosks at retail stores.
The government authority application segment is expected to witness significant growth over the forecast period owing to various initiatives taken by governments worldwide towards automation of public services & reduction of cost burden on citizens. For instance, Singapore¢â‚¬â„¢s Ministry of Finance has deployed more than 200 automated teller machines (ATM) across different financial institutions and government offices that offer free access 24/7 without any minimum transaction amount required for transactions through these machines.
Regional Analysis:
The Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments by various governments in developing smart cities, high internet penetration, rising adoption of emerging technologies such as Artificial Intelligence (AI), machine learning, robotics and others. Moreover, growing demand for self-service terminals from retail and other sectors is further driving the market growth across this region.
North America also held a significant share of global revenue in 2017 owing to early adoption of these devices by U.S.-based banks as well as government authorities for conducting transactions at airports or railway stations instead of ATMs or kiosks with limited options available during off-peak hours.
Growth Factors:
- Increasing demand for convenience and efficiency in retail sector
- Proliferation of digital technologies and their increasing adoption by retailers
- Rising trend of online shopping and the consequent increase in demand for self-service terminals
- Growing popularity of cashless transactions, which is driving the demand for self-service terminals
- Rapid expansion of retail sector in developing countries, which is providing a major impetus to the growth of self-service terminal device market
Scope Of The Report
Report Attributes
Report Details
Report Title
Self-service Terminal Device Market Research Report
By Type
ATM, KIOSK, Other
By Application
Retail, Government Authority, Financial Industry, Tourism, Transportation and Entertainment, Other
By Companies
GRG, Hitachi, NCR, YH, DIEBOLD, OKI, Wincor Nixdorf International GmbH, EASTCOM, KingTeller, Cashway, GRG, IBM, NeoProducts, IER, Hoeft&Wessel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Self-service Terminal Device Market Report Segments:
The global Self-service Terminal Device market is segmented on the basis of:
Types
ATM, KIOSK, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail, Government Authority, Financial Industry, Tourism, Transportation and Entertainment, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GRG
- Hitachi
- NCR
- YH
- DIEBOLD
- OKI
- Wincor Nixdorf International GmbH
- EASTCOM
- KingTeller
- Cashway
- GRG
- IBM
- NeoProducts
- IER
- Hoeft&Wessel
Highlights of The Self-service Terminal Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ATM
- KIOSK
- Other
- By Application:
- Retail
- Government Authority
- Financial Industry
- Tourism
- Transportation and Entertainment
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Self-service Terminal Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A self-service terminal device is a type of automated teller machine (ATM) that allows customers to perform their banking transactions without the assistance of a bank employee.
Some of the major players in the self-service terminal device market are GRG, Hitachi, NCR, YH, DIEBOLD, OKI, Wincor Nixdorf International GmbH, EASTCOM, KingTeller, Cashway, GRG, IBM, NeoProducts, IER, Hoeft&Wessel.
The self-service terminal device market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Self-service Terminal Device Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Self-service Terminal Device Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Self-service Terminal Device Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Self-service Terminal Device Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Self-service Terminal Device Market Size & Forecast, 2018-2028 4.5.1 Self-service Terminal Device Market Size and Y-o-Y Growth 4.5.2 Self-service Terminal Device Market Absolute $ Opportunity
Chapter 5 Global Self-service Terminal Device Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Self-service Terminal Device Market Size Forecast by Type
5.2.1 ATM
5.2.2 KIOSK
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Self-service Terminal Device Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Self-service Terminal Device Market Size Forecast by Applications
6.2.1 Retail
6.2.2 Government Authority
6.2.3 Financial Industry
6.2.4 Tourism
6.2.5 Transportation and Entertainment
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Self-service Terminal Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Self-service Terminal Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Self-service Terminal Device Analysis and Forecast
9.1 Introduction
9.2 North America Self-service Terminal Device Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Self-service Terminal Device Market Size Forecast by Type
9.6.1 ATM
9.6.2 KIOSK
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Self-service Terminal Device Market Size Forecast by Applications
9.10.1 Retail
9.10.2 Government Authority
9.10.3 Financial Industry
9.10.4 Tourism
9.10.5 Transportation and Entertainment
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Self-service Terminal Device Analysis and Forecast
10.1 Introduction
10.2 Europe Self-service Terminal Device Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Self-service Terminal Device Market Size Forecast by Type
10.6.1 ATM
10.6.2 KIOSK
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Self-service Terminal Device Market Size Forecast by Applications
10.10.1 Retail
10.10.2 Government Authority
10.10.3 Financial Industry
10.10.4 Tourism
10.10.5 Transportation and Entertainment
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Self-service Terminal Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Self-service Terminal Device Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Self-service Terminal Device Market Size Forecast by Type
11.6.1 ATM
11.6.2 KIOSK
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Self-service Terminal Device Market Size Forecast by Applications
11.10.1 Retail
11.10.2 Government Authority
11.10.3 Financial Industry
11.10.4 Tourism
11.10.5 Transportation and Entertainment
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Self-service Terminal Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Self-service Terminal Device Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Self-service Terminal Device Market Size Forecast by Type
12.6.1 ATM
12.6.2 KIOSK
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Self-service Terminal Device Market Size Forecast by Applications
12.10.1 Retail
12.10.2 Government Authority
12.10.3 Financial Industry
12.10.4 Tourism
12.10.5 Transportation and Entertainment
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Self-service Terminal Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Self-service Terminal Device Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Self-service Terminal Device Market Size Forecast by Type
13.6.1 ATM
13.6.2 KIOSK
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Self-service Terminal Device Market Size Forecast by Applications
13.10.1 Retail
13.10.2 Government Authority
13.10.3 Financial Industry
13.10.4 Tourism
13.10.5 Transportation and Entertainment
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Self-service Terminal Device Market: Competitive Dashboard
14.2 Global Self-service Terminal Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GRG
14.3.2 Hitachi
14.3.3 NCR
14.3.4 YH
14.3.5 DIEBOLD
14.3.6 OKI
14.3.7 Wincor Nixdorf International GmbH
14.3.8 EASTCOM
14.3.9 KingTeller
14.3.10 Cashway
14.3.11 GRG
14.3.12 IBM
14.3.13 NeoProducts
14.3.14 IER
14.3.15 Hoeft&Wessel