Self-Service Technology Market Size, Trends, Leading Companies, Demand, Growth Drivers and Forecast 2021-2026 – Stillwater Current
According to the latest IMARC Group report, entitled “Self-Service Technology Market: Global Industry Trends, Size, Share, Growth, Opportunities, and Forecast 2021-2026‘, The global self-service technology market grew at a CAGR of around 7% during the period 2015-2020. Looking ahead, IMARC group expects the global market to show moderate growth during 2021-2026.
Like the new coronavirus (COVID-19[FEMALE)[FEMININE) as the crisis takes hold of the world, we are constantly monitoring changes in the markets, as well as the buying behaviors of consumers around the world – our estimates on the latest market trends and forecast values after considering the impact of this pandemic. These observations will be incorporated into the report.
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Self-Service Technology (SST) allows users to purchase services on their own, without any third-party intervention. It enables service companies to improve productivity and reduce labor costs while providing direct support to users. Self-service technology does not involve additional service agents as it offers user-friendly administrative tools for digital support. Some of its services include automated teller machines (ABMs), barcode scanning in stores, information and reservation kiosks, and online banking services. Self-service technology offers various benefits, such as reduced congestion, improved customer experience and satisfaction, faster service, etc.
Market trends and drivers:
The growing penetration of smart devices coupled with high internet connectivity is currently driving the self-service technology market. Due to its convenience and time efficiency, OSH is increasingly adopted by small and medium-sized enterprises (SMEs), thereby increasing the growth of the market. In addition, self-service technology is also used in the travel and tourism industry in the form of kiosks installed at airports, bus stops, train stations, etc. In addition, the increasing use of online banking services is increasing the demand for OSH in the banking industry. , financial services and insurance industry (BFSI).
Competitive Analysis and Segmentation of Self-Service Technologies Market 2021-2026:
Competitive landscape with key players:
The competitive landscape of the Self-Service Technology market has been studied in the report along with the detailed profiles of the major players operating in the market.
Some of these key players include:
- Fujitsu Limited
- KIOSK Information Systems Inc.
- RCN Company
- AZKOYEN SA
- HESS Cash Systems GmbH
- Diebold Nixdorf Incorporated
- Toshiba Company
- HYOSUNG TNS Inc. (Hyosung Corporation)
Key market segmentation:
The report has segmented the global self-service technologies market on the basis of product, application, and region.
Breakdown by product:
- AT M
- Vending machine
Breakdown by application:
- Travel and tourism
- Health care
Breakdown by region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Explore the full report with table of contents and list of figures: https://bit.ly/3kMA7Ep
Highlights of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- The impact of COVID-19 on the global market
- Value chain analysis
- Global market structure
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as part of the customization.
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