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Self Services Technologies Market by Component (Hardware, Software, and Services), Type (ATM, Kiosks, and Vending Machine), End User (BFSI, Manufacturing, Hospitality, Retail, Healthcare, Offices, Education, and Others), and Region: Global Opportunity Analysis and Industry Forecast, 2022-2030

Self Services Technologies Market by Component (Hardware, Software, and Services),...

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Self Services Technologies Market by Component (Hardware, Software, and Services), Type (ATM, Kiosks, and Vending Machine), End User (BFSI, Manufacturing, Hospitality, Retail, Healthcare, Offices, Education, and Others), and Region: Global Opportunity Analysis and Industry Forecast, 2022-2030
Self Services Technologies Market by...
Report Code
RO9/128/1003

Publish Date
09/Mar/2023

Pages
200
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The global self-service technologies market size was US$ 32.2 billion in 2020. The global self-service technologies market size is estimated to reach US$ 79.0 billion by 2030, growing at a compound annual growth rate (CAGR) of 10.5% during the forecast period from 2021 to 2030.
Self-service technology enables the provision of services that have changed customer relations on their own. Except for the use of front-line service personnel, the focus is completely on developing positive results.

Factors Influencing Market Growth

? Operational efficiency and performance development, a rise in the popularity of real-time study and predictive analytics solutions, and a rise in awareness among end users drive the overall market growth.
? The increase in the need for self-service devices and automated machines, wireless communication, technology improvements, and remote management hinder the overall market expansion.
? The need for these automated devices is anticipated to grow and ultimately drive the expansion of the overall market.

Effect of the COVID-19 Pandemic

COVID-19 had a severe impact on the overall market expansion. It has altered the face of self-service in manufacturing, healthcare, and other non-retail industries. The pandemic has radically turned client and business conduct. With the growth in social distancing and strict restrictions, companies are compelled to stop their functions, which restricts their spending on opportunistic technologies. Despite the short-term social lockdown effect, general merchandise, medical supplies, the growth in need for groceries, and home advancement among shoppers forced businesses to embrace self-assisted technologies to encourage social distancing and zero-touch techniques. The lack of workforce availability due to the lockdown and initiation of transportation and traveling also led to the vast use of self-service checkout methods.

Regional Analysis

North America had the highest expansion of the overall market in 2020. It is anticipated to increase owing to improved spending on self-service technology solutions in the Canada and U.S., as well as the overall use of self-service technology solutions in kiosks, ATMs, and vending machines.

Leading Competitors
The prominent players in the global self-service technologies market are:
? KIOSK Information System INC.
? NCR Corporation
? HESS Cash Systems GmbH & Co.
? Fujitsu
? Glory Ltd.
? Azkoyen Group
? Crane Co.
? Maas International Europe B.V.
? Vend-Rite
? IBM Corporation
? Others

Segmentation Analysis
The global self-service technologies market segmentation focuses on Component, Type, End User, and Region.
Segmentation on the basis of Component
? Hardware
? Software
? Services
Segmentation on the basis of Type
? Vending Machine
? ATM
? Kiosks
Segmentation on the basis of End User
? BFSI
? Manufacturing
? Hospitality
? Retail
? Healthcare
? Offices
? Education
? Others

Segmentation on the basis of Region

? North America
? The U.S.
? Canada
? Mexico
? Europe
? Western Europe
? The UK
? Germany
? France
? Italy
? Spain
? Rest of Western Europe
? Eastern Europe
? Poland
? Russia
? Rest of Eastern Europe
? Asia Pacific
? China
? India
? Japan
? Australia & New Zealand
? ASEAN
? Rest of Asia Pacific
? Middle East & Africa (MEA)
? UAE
? Saudi Arabia
? South Africa
? Rest of MEA
? South America
? Brazil
? Argentina
? Rest of South America

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