Tuesday, 16 June 2015

Robust Self – Service Technology Takes Several Industries by Storm

The self–service technologies over last the decade has significantly revolutionised the mechanism of user interaction in order to streamline certain service results. Further, the self –service segment across the world is very technology driven and comprises of the usage of ATM, vending machines and kiosks. The key market players operating in the aforesaid includes Fuji Electric Retail Systems Co Ltd, Kiosk Information Systems, Inc., Azkoyen S.A, NCR Corporation and Crane Merchandising Systems among many others. The demand for vending machines that are often classified into candy, gumball, snacks, cigarette and beverage vending machines are being increasingly felt in regions such as LAMEA, North America, APAC and Europe over the last four to five years.

Additionally, the biometric technology is assisting to drive ahead a great expansion pertaining to the self-service technology segment. The self-service technology is now ready to gear up a living room of Palmerston North City Library in Australia. The library has recently introduced an intuitive RFID self – service device to help visitors learns digital skills and guidelines for various devices, assist them to prepare their content and teach them how to access databases and books online. Recently, Allied Market Research has published a report titled “Global Self Services Technologies Market (ATM Machines, Kiosk Machines, Vending Machines, Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2014 – 2020.” The report takes a closer look at the executive overview, market analysis, Porter’s five force evaluation and analyses the self –service technology industry in terms of market, application and geography.

Earlier this month state of Iowa in nearly 24 locations consisting of libraries in Kum & Go and Hy-Vee stores stationed Motor Vehicle kiosks driven by self-service technology to help the Iowans renew their ID cards as well as driver’s license. Companies like McDonald's are also fixing their newly introduced self-service device after experiencing cases such as system hacking for a free meal. Eyeing such developments in the self –service technology segment the market looks way promising for the aforementioned segment.