Information Segment to Dominate Europe Self-Service Kiosks Market during 2019–2027

According to a new market research study on “Europe Self-Service Kiosks Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Component, Type, and End User” is expected to reach US$ 4,799.19 million by 2027 from US$ 2,600.95 million in 2019. The market is estimated to grow at a CAGR of 8.2% from 2020 to 2027. The report provides trends prevailing in the Europe self-service kiosks market along with the drivers and restraints pertaining to the market growth. Self-service kiosks getting highly accepted due to COVID-19 is the major factor driving the growth of the Europe self-service kiosks market. However, issues such as expensive installation and maintenance hinders the growth of Europe self-service kiosks market.

The Europe self-service kiosks market is segmented on the bases of component, type, end-user, and country. Based on component, the market is segmented into hardware, software and service.  Hardware segment accounted for the highest market share in 2019. On the basis of type, the market is segmented into information, ticketing and check in, employment. Information segment accounted for the highest market share in 2019. In terms of end user, the self- Europe service kiosks market is divided into retail, hospitality, healthcare, financial services, and others. Retail segment held the largest market share in 2019.

Europe is severely impacted by the COVID-19 pandemic. Europe has witnessed a varying pandemic impact across its economically diverse countries that led to shutting down of businesses and manufacturing operations for a few months in 2020. All major retail stores (except stores that were offering essentials), restaurants, and hotels had withdrawn their services for at least 5 months in all the major European economies. Many small retailers who were planning to implement kiosks system in the beginning of 2020 have postponed their kiosks implementation process. However, with slow recovery from COVID-19 cases in the beginning of 2021, many retail stores in countries such as the UK and Germany have started rebounding in terms of sales. The footfall in malls and restaurants in 2021 is slowly reaching the pre-lockdown situation, thereby helping the Europe self-service kiosks market to recover.

Acrelec SAS; Diebold Nixdorf, Inc., Embross, Gemalto NV (part of Thales Group), NCR Corporation, Posiflex Technology, Inc. and VeriFone, Inc. are among the leading companies in the Europe self-service kiosks market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, Embross declared that they will be debuting TravelStream, the company’s complete seamless passenger processing solution, at Passenger Terminal Expo (PTE) in London.

The report segments the Europe Self-Service Kiosks Market follows:

Europe Self-Service Kiosks Market – By Component

• Hardware
• Software
• Service

Europe Self-Service Kiosks Market – By Type

• Information
• Ticketing and Check In
• Employment

Europe Self-Service Kiosks Market – By End User

• Retail
• Hospitality
• Healthcare
• Financial Services
• Others

Europe Self-Service Kiosks Market – By Country

• Germany
• UK
• Russia
• France
• Italy
• Rest of Europe