Authored By: Sarah
19 Aug 2024

Self Services Technologies Market 2024-2028: Size and Growing preference for digital transactions and mobile wallets; growth driven by the Product, Some of key Companies Positioned Strategically

The self services technologies market size by Product (ATM, Kiosks, and Vending machines) and Geography (North America, Europe, APAC, South America, and Middle East and Africa), is forecast to increase by USD 16211.5 million. The market is expected to grow at a CAGR of   10.03% between 2024 and 2028.

  • In the contemporary business landscape, digital wallet transactions have emerged as a preferred mode of payment for consumers. Notable digital wallet providers, such as Amazon Pay, Google Pay, Samsung Pay, and Apple Pay, offer a multitude of digital payment options. The significant surge in digital payment adoption can be attributed to its convenience and security, leading to a decline in reliance on cash and traditional debit or credit cards. Indian government initiatives, including Digital India and the launch of the Bharat Interface for Money (BHIM) mobile application, further promote digital transactions through Unified Payments Interface (UPI) and mobile wallets. These initiatives aim to streamline digital transactions and foster a cashless economy.
  • Self-service technologies have gained significant traction in the business world, enabling organizations to streamline operations and enhance customer experience. These technologies, including chatbots, virtual assistants, and automated kiosks, empower users to resolve queries and complete transactions independently, thereby reducing support tickets and wait times. The Self Services Technologies Market is projected to grow exponentially due to the increasing demand for 24/7 assistance, cost savings, and improved efficiency. Companies across industries are investing in these solutions to deliver personalized, convenient, and seamless interactions with their customers.

Access the full report to know who are the other key countries segment-wise forecast and historic data

 

Some of the Key Companies:

  • Azkoyen SA
  • Beta Automation
  • Crane Payment Innovations Inc.
  • Diebold Nixdorf Inc.
  • Euronet Worldwide Inc.
  • Fujitsu Ltd.
  • Glory Ltd.
  • GRGBanking
  • HANTLE Inc.
  • HESS Cash Systems GmbH
  • Hyosung Corp.
  • International Business Machines Corp.
  • KIOSK Information Systems
  • NCR Voyix Corp.
  • NEXCOM International Co. Ltd.
  • Toshiba Corp.
  • Vend-Rite Mfg. Co.
  • XIPHIAS Software Technologies Pvt. Ltd.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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