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Asia Pacific Self-Service Technology Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Asia Pacific
  • Allied Market Research
  • ID: 3773204
The world has increasingly been fascinated by technology-facilitated transactions. Self-service technology is the interface that allows customers to avail the services without manual intervention. Nowadays, companies have adopted self-service technologies to provide better consumer experience as well as reducing the operational costs. The self-service technology is broadly divided into three categories such as vending machines, ATMs and self-service kiosks. Customers prefer using these technologies due to instant service offerings and hassle-free transactions. Moreover, the use of self-service technology machines helps companies to strengthen their pricing power by improving the operating margins. These factors coupled with reducing human tasks and minimizing human errors for achieving a more cost-effective solution fuel the growth of the market. In addition, the increasing demand from service and consumer goods sectors will further drive the growth of the market. However, saturation for the self-service technology in China and Japan is likely to restrict the market growth in the Asia-Pacific region. Furthermore, government regulations in some regions for health and safety and tracking of users limit the growth of the market. The ongoing technological advancements in machines like smart ATMs, wireless communication and remote management of related machines would facilitate the expansion of the market.

The self-service technology segment comprises vending machines, ATM machines and self-service kiosks. ATMs are further segmented into conventional ATMs, brown label ATMs, white label ATMs, cash dispensers and smart ATMs. Vending machines are sub-categorized into snacks-vending machine, beverage-vending machine, candy and gumball vending machine, cigarette-vending machine and specialized-vending machines. Self-service kiosks are subdivided into information-providing kiosks, ticketing kiosks, photo kiosks, HR and employment kiosks, banking and financial kiosks, DVD kiosks, patient self-service kiosks and other kiosks. The Asia-Pacific self-service technology market is further segmented on the basis of countries that include China, India, Japan, South Korea and Rest of Asia-Pacific.The key players of the self-service technology market are NCR Corporation, Wincor Nixdorf AG, DIEBOLD, INC., Azkoyen S.A., Crane Merchandising Systems, Fuji Electric Retail Systems Co. Ltd., and Kiosk Information Systems, Inc.

KEY BENEFITS

The report provides detailed analysis of market intelligence with respect to type, users and geography to enable stakeholders take precise investment decisions.
Value chain analysis provides key inputs on the role of all key intermediaries in the market that would help the stakeholders in devising appropriate strategies.
In order to forecast the future trends of the market, population trends across different countries and expected investments in health club business have been analyzed.
Porters five force analysis highlights the potency of the suppliers and buyers, and also describes the competitive scenario of the market that would facilitate efficient business planning.
The analysis of significant drivers, restraints and opportunities help in understanding the overall market dynamics.

SELF SERVICE TECHNOLOGY APAC MARKET KEY SEGMENTATION

The market is segmented on the basis of type and country

MARKETBY TYPE OF MACHINES

ATM

Conventional ATM
White Label ATM
Brown Label ATM
Smart ATM
Cash Dispenser

Kiosks

Photo Kiosk
DVD Kiosk
Ticketing Kiosk
HR and Employment Kiosk
Patient self-service Kiosk
Information providing Kiosk
Banking and Financial Kiosk
Others (Restaurants, Tele kiosk and Building Directory)

Vending Machines

Beverage-Vending Machine
Candy and Gumball Vending Machine
Snack-Vending Machine
Cigarette-Vending Machine
Specialized-Vending Machine

MARKETBY COUNTRY

China
India
Japan
South Korea
Rest of Asia-Pacific
Singapore
Australia
Others

Key Play

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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