The global market for bank kiosk is estimated to have significant CAGR of around 4.6% during the forecast period. The growth of the bank kiosk market is driven by factors, such as improved customer services through interactive kiosks and reduced operational costs. Bank kiosks are initiatives undertaken by various banks to provide banking services in different villages and remote areas, where there is no availability of bank branches in the locality. This system enables a person to avail all the banking services and transactions without visiting a banking outlet. The banking kiosks offered in weaker sections and low-income groups have enhanced the banking services to operate at a cost-effective price. Moreover, the use of these interactive machines is increasing in the BFSI sector due to digitization in the banking services, focus on improving customer experience and brand reinforcement. The services offered in the banking sector, such as ATMs, passbook printing machines, and cash deposit machines are used daily by the consumers to save time and effort which are contributing to the growth of the market. The growing demand of contact less payments in banking sector further provide significant opportunity to the market.
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The global bank kiosk market is segmented based on product type and distribution. Based on the product type, the market is further classified into hardware including, smart cards readers, printers, keyboard, touchscreens, and software & services. Based on the distribution, the global bank kiosk market is further segmented into metropolitan, urban and semi-urban, rural. The metropolitan has significant application of bank kiosk due to rising adoption of advanced ATM in metro cities that further contribute in the segmental share.
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Market Segmentation
Global Bank Kiosk Market by Product Type
• Hardware
• Software & Services
Global Bank Kiosk Market by Distribution
• Metropolitan
• Urban and Semi-Urban
• Rural
Regional Analysis
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Auriga SpA
• Advantech Co., Ltd.
• Axiomtek group
• Addsoft Technologies Pvt. Ltd.
• Aurionpro Solutions Ltd.
• Agmatel
• Cisco Systems, Inc.
• Diebold Nixdorf, Inc.
• Embross
• Glory Global Solutions (International) Ltd.
• GRG Banking
• Hitachi, Ltd.
• Ingenico Group
• KAL ATM Software GmbH
• NCR Corp.
• Nautilus Hyosung Inc.
• Oki Electric Industry Co., Ltd.
• SZ KMY Co.,Ltd.
• Triton Systems LLC
• Wavetec
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