Market outlook of the global photo kiosk market
A photo kiosk is a computerized self-service terminal that is placed in public places like retail stores, airports, hotel lobbies, medical centers, and airports. As photo kiosks account for a significant share of the total physical copies taken globally per year, its market is estimated to reach close to USD 1.5 billion by 2019.
In this market research report, Technavio’s analyst has estimated factors like customized gift printing to impel market growth during the forecast period. Photo kiosks allow users to design and create gifts, calendars, and photo albums according to their preference. The ability of these kiosks to create customizable gifts is a major factor that is expected to bolster market growth during the forecast period.
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Competitive landscape and key vendors
This market is highly competitive and contains numerous regional and global players. These vendors compete on the basis of machine interface and services offered to gain traction in the market.
Leading companies in this market are -
• Costco
• Rite Aid
• Target
• Walgreens
• Walmart
Other prominent vendors are Carrefour, CVS, Leonard Pharmacy, Photo-Me International, Pixels Plus, Tesco, the Boots Company, and the Jean Coutu Group.
End-user segmentation of the photo kiosk market
• Retail stores
• Travel
• Healthcare
• Entertainment
• Others
Technavio’s market research analysts have estimated the retail stores segment to account for more than 51% of the total market share by 2019. This segment’s high dominion of the market can be attributed to factors like its high footfall in locations like retail bookstores, electronic stores, grocery stores, and convenience stores.
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Geographical segmentation of the photo kiosk market
• APAC
• EMEA
• Americas
The Americas are expected to dominate the global market for photo kiosks followed by the EMEA and the APAC regions. The augmented demand for photo kiosks from industries like retail, entertainment, travel, and healthcare is expected to result in this region’s high market dominance during the forecast period.
Key questions answered in the report include
• What will the market size and the growth rate be in 2019?
• What are the key factors driving the global photo kiosk market?
• What are the key market trends impacting the growth of the global photo kiosk market?
• What are the challenges to market growth?
• Who are the key vendors in the global photo kiosk market?
• What are the market opportunities and threats faced by the vendors in the global photo kiosk market?
• Trending factors influencing the market shares of APAC, EMEA, and the Americas?
• What are the key outcomes of the five forces analysis of the global photo kiosk market?
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