The European self-service technology market is anticipated to grow at a CAGR of 5.3% during the forecast period. The self-service industry is succeeding owing to the availability of technology. By integrating several tools into physical stores, retailers are simplifying self-service for their customers and enhancing their personal experience. Digital signage is one of the technologies that has changed the shopping behavior of the people by making it possible to customize self-service kiosks to the needs of the customers. The large touchscreen displays that are installed in these kiosks provide shoppers with different information. For instance, a supermarket can have information about the location of different products, making it easier to find them.

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The European self-service technology market is segmented based on the type of machine and end-use. Based on the type of machine, the market is sub-segmented into self-service ATM, self-service kiosks, and self-service vending machines. Among these, the ATM segment tends to hold a prominent share in the market while vending machines tend to exhibit significant growth during the forecast period. Based on the end-user, the market is sub-segmented into retail, QSR, BFSI, healthcare, and others. The retail segment is estimated to hold a significant share in the market.

Some of the players covered in the European self-service technology market report includes Azkoyen Group, Selecta Group, Maas International B.V., All Right Now Ltd., HESS Cash Systems GmbH, and others. The market players are considerably contributing to the market growth by adopting various strategies including to stay competitive in the market. For instance, in May 2020, amid the Covid-19 crisis, Selecta announced the addition of protective equipment, such as face masks, hand sanitizer, and disinfectant wipes, in its smart vending machines with the snacks and drinks. The company’s vending machine’s contactless payment options make it convenient and easy to purchase while minimizing physical contact with the machine. 

Research Methodology

The market study of the European self-service technology market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for self-service technology integrated machine manufacturers & distributors, original device manufacturers (ODMs), system integrators, software vendors, investment companies, government organizations, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. Europe Self-Service Technology Market Research and Analysis by Type of Machine
2. Europe Self-Service Technology Market Research and Analysis by End-User.

The Report Covers

• Comprehensive research methodology of the European self-service technology market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the European self-service technology market.
• Insights about market determinants which are stimulating the European self-service technology market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.