Investment Opportunities for Kiosk Market in China Market Size

China Kiosk Market Analysis

The Investment Opportunities for Kiosk Market in China Market size is estimated at USD 9.09 billion in 2024, and is expected to reach USD 12.92 billion by 2029, growing at a CAGR of 7.30% during the forecast period (2024-2029).

The demand for kiosks in entertainment sector has seen growth, owing to the changing consumer trends, especially in the country's youth population. Gaming kiosks have seen a growth in casinos, gaming and sports venues, and malls.

• Growing demands for ATM in the country is a key driver for the market as consumers in this region are increasingly preferring interactive and touch screen ATMs. Technological advancements have enabled ATMs to be equipped with speech capability for the visually-impaired. In addition, the number of ATMs equipped with the central bank's PBOC 2.0 standard chip card readers is growing, as is the number of EMV-compliant terminals. This preference is set to boost the growth of the kiosk market.
• Growing tourism in the country is growing the market as many retailers and other service providers, in places with high concentration of tourists, are increasingly employing kiosk systems, which eliminates the communication and information barrier for the tourist and provide easy services for tourists giving the real time updates.
• Increasing cybersecurity concern is challenging the market as China has been the target for many international hacker groups from the developed nations, who pose a high threat and recent hacks of kiosk systems worldwide are forcing consumers to seek other substitutes. This factor is expected to hinder the growth of the market.