The self-service technology market will grow from $33.10 billion in 2021 to $76.78 billion by 2030, according to a press release from Prescient & Strategic Intelligence. It will grow at a compound annual growth rate of 9.8% during the forecasted period. ATMs currently hold the largest market share and will continue to hold it due to cash requirements, according to the release.
Key findings include:
- Retail to generate 34% of revenue.
- Vending machines will see growth.
- Interactive kiosks will fuel demand.
- The Asia-Pacific region will continue to dominate the market.