NEW DATA: Retail Kiosk Research ‚ÄĒ The Next Billion-Dollar Industry

By | January 16, 2018

State of Unattended Kiosk and Retail Market 2018

The age of unattended retail has arrived apparently.

New story and report from PYMNTS.com in conjunction with USA Technologies.

According to research inside the Kiosk and Retail Report, a USA Technologies collaboration, the interactive kiosk industry market will be worth $1.073 billion. They note the industry has already experienced some impressive growth, with the U.S. market growing from $533.37 million in 2013 to $716.97 million in 2016.

That increase is due, at least in part, to a 42 percent increase in American imports of interactive kiosks that took place during the same timeframe. Electric vehicle-charging kiosks also powered growth in the space, as those kiosks saw the largest growth of any type from 2013 to 2016, with the number of kiosks in the field growing by 153 percent.

Other key takeaways from the Kiosk and Retail Report, a USA Technologies collaboration, include:

  • Food and beverage kiosks are the most common kind of kiosks in the U.S., accounting for a combined¬†35 percent¬†of machines in the field as of 2016.
  • Clothing retail lags behind when it comes to kiosk deployment. The market shipped only¬†21,000 machines¬†in 2016, the smallest of any of the 11 markets PYMNTS studied.
  • More growth in the vehicle-charging kiosk market is coming down the road. The space is projected to grow at a CAGR of¬†22.29 percent¬†through 2019, the highest of the 11 markets studied.

About the Report

The new Kiosk and Retail Report, a USA Technologies collaboration, is designed to give readers a better understanding of how these emerging technologies are shaping the unattended retail market. It focuses on the ever-evolving world of unattended retail, including those selling items and services consumers never thought they could get without help from a human, and includes market analysis and a look at how new payment technologies are changing the shopping experience.

NEW DATA: Retail Kiosks ‚ÄĒ The Next Billion-Dollar Industry

Author: Staff Writer

Craig Keefner is the editor for Kiosk Industry (Self Service Kiosk Machine). Opinions and point of view here on kioskindustry is not necessarily the stance of the Kiosk Association or kma.global -- With over 40 years in the industry and experience in large and small kiosk solutions, Craig is widely considered to be an expert in the field. Major kiosk projects for him include Verizon Bill Pay kiosk and hundreds of others.