The European self-service technology market is anticipated to grow at a CAGR of 5.3% during the forecast period (2020-2026). The growth of the market is mainly influenced by the increasing demand for convenience among consumers across the region. Additionally, the rapid development in the information technology sector of the region will also boost the growth of the self-service technology industry. In addition to this, the use of self-service kiosks is also gaining significant momentum with its increasing use for various services including financial assistance. This is also anticipated to boost the growth of the European self-service technology market in the forthcoming years.
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Furthermore, the continuous innovation in the product offering is also aiding to the growth of the market. For instance, KioWare has expanded its offering of the Kiosk Management product line with the addition of KioCloud. The KioCloud enables those running KioWare or Kiosk Pro client-side kiosk software to manage their kiosks remotely, view usage statistics, and monitor kiosk health via any connected browser. Moreover, the use of smartphones to benefit various self-service technologies is also increasing significantly across the region. Hence, the high penetration of smartphones across the region will aid in the growth of the market.
Market Coverage
· Market numbers available for – 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
· Segment Covered-
· By Type of Machine
· By End-User
Country Covered-
· UK
· Germany
· Italy
· France
· Rest of Europe
· Competitive Landscape-Azkoyen Group, Selecta Group, Maas International B.V., All Right Now Ltd., HESS Cash Systems GmbH, and others.
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European Self-Service Technology Market Report Segment
By Type of Machine
· ATM
· Kiosks
· Vending Machines
By End-User
· Retail
· QSR
· BFSI
· Healthcare
· Others
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)