The Asia-Pacific self-service technology market is anticipated to grow at a CAGR of 7.4% during the forecast period (2020-2026). The growth of the market is mainly driven by the increasing deployment of the self-service kiosk and vending machines across the region. Additionally, the continuously changing lifestyle of the population across the region is also increasing the demand for instant and hassle-free services, hence driving the regional growth of self-service technology industry.
In addition to this, the use of self-service technology also offers reduced human error and cost-effectiveness hence driving its adoption across the hospitality industry. Hence, the continuously growing region’s hospitality industry will also provide a growth rate to the self-service technology market across the region in the near future.
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Furthermore, economies such as India, China, and Australia are experiencing excessive growth in the self-service market owing to the increasing awareness among the population owing to its benefits. In addition to this, the government is also promoting the use of various self-service technologies across their countries. Moreover, the self-service technology providers are also continuously innovating with their offering by equipping the latest technological advancements. For instance, in July 2020 DyDo Group has introduced a vending machine that will be equipped with Bio-IDiom facial recognition systems as a joint project with NEC.
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• Market numbers available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- (By Type of Machine, By End-User)
• CountriesCovered- (China, India, Japan, Rest of Asia-Pacific)
• Competitive Landscape-Hyosung Group, Fuji Electric Co., Ltd., GLORY LTD., Hitachi Payment Services Pvt. Ltd., and Others
Key Questions Addressed by the Report
• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Asia-Pacific Self Service Technology Market Report Segment
By Type of Machine
• Vending Machines
Asia-Pacific Self Service Technology Market Regional
• Rest of Asia-Pacific
• Fuji Electric Co., Ltd.
• Fuji Electronics in Self-Service Industry
• Recent Developments
• Fujitsu Ltd.
• Glory Global Solutions (International) Ltd.
• HANTLE Inc.
• Hitachi Payment Services Pvt. Ltd.
• Hyosung Group
• NEXCOM International Co., Ltd.
• Toshiba Tec Corp.
• Vendekin Technologies Pvt. Ltd
• XIPHIAS Software Technologies
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