The Asia-Pacific self-service technology market is anticipated to grow at a CAGR of 7.4% during the forecast period (2020-2026). The growth of the market is mainly driven by the increasing deployment of the self-service kiosk and vending machines across the region. Additionally, the continuously changing lifestyle of the population across the region is also increasing the demand for instant and hassle-free services, hence driving the regional growth of self-service technology industry.
In addition to this, the use of self-service technology also offers reduced human error and cost-effectiveness hence driving its adoption across the hospitality industry. Hence, the continuously growing region’s hospitality industry will also provide a growth rate to the self-service technology market across the region in the near future.
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Furthermore, economies such as India, China, and Australia are experiencing excessive growth in the self-service market owing to the increasing awareness among the population owing to its benefits. In addition to this, the government is also promoting the use of various self-service technologies across their countries. Moreover, the self-service technology providers are also continuously innovating with their offering by equipping the latest technological advancements. For instance, in July 2020 DyDo Group has introduced a vending machine that will be equipped with Bio-IDiom facial recognition systems as a joint project with NEC.
Market Coverage
o By Type of Machine
o By End-User
o China
o India
o Japan
o Rest of Asia-Pacific
Key Questions Addressed by the Report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
Asia-Pacific Self Service Technology Market Report Segment
By Type of Machine
By End-User
Asia-Pacific Self Service Technology Market Regional
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