Smart City Kiosk Market Global Trends Motivating Revenue Boost Across Prime Geographies during 2018 2028
May 21, 2019 by Steve Blade
The technological changes occurring everywhere across the globe is changing every device into a connected device. The number of devices connected to the internet is growing significantly thereby increasing the level of smartness of things around humans. This growth in the number of smart devices is contributing considerably to the Growth Smart City Kiosk Market. The internet connectivity and mobility are the essential factors for the growth of a city in this hyper-mobile society. The smart city kiosks are simple PCs embedded with a touchscreen functionality that operate in a kiosk mode with an interactive graphical shell, which offers limited features.
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These smart city kiosks have been placed everywhere including airports, parking lots and movie theaters. The smart city kiosks are connecting everything in the city and generating revenues from advertising while providing the public with services such as Wi-Fi signaling and emergency calls. The adoption of smart city kiosk has increased significantly in order to overcome challenges of providing services such as transit, connectivity and security in the city. These challenges are being eliminated by deploying public kiosk and enhancing the city infrastructure.
Development of infrastructure for connecting everything in the smart city with the kiosks and advancement in the self-service technology are the key trends in the smart city kiosk market. Vendors in the smart city kiosk market are highly focusing on enhancing the security of kiosk by storing the information on the server rather than on the device and deploying each device with a unique password so that hackers could not access others kiosks.
Smart City Kiosk Market: Drivers and Restraints
The smart city kiosk systems increase the public safety and resilience by providing information to users about any nearby accident or incident and also help the residents to connect to emergency services. The smart city kiosk also enhances the transportation and mobility in the city by providing people with public transport schedules and tourist attractions across the city. These factors are driving the growth of the smart city kiosks market.
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The smart city kiosk is highly vulnerable to cyber-attacks such as ransom ware that hacks IT systems. These attacks are a major concern; it can extract personal information of the user such as name, e-mails and phone numbers. These factors are restraining the adoption of smart city kiosks by the users leading to slow growth of the market. Also, factors such as high cost of developing the infrastructure are further hampering the growth of the smart city kiosk market.
Smart City Kiosk Market: Competitive Landscape
Examples of some of the key players operating in the smart city kiosk market are Verizon Communications Inc., Intel Corporation, Ferrograph Ltd., Soofa, Inc., CIVIQ Smartscapes LLC, Smart City Holdings, LLC, Smart City Media, Smartlink Holdings Limited and OLEA kiosks Inc.
On the basis of geography, the smart city kiosk market is segmented across North America, Latin America, Western Europe, Eastern Europe, China, SEA and other APAC, Japan, and Middle East & Africa. North America is expected to be a large market for smart city kiosk as majority of the smart city kiosk vendors such as CIVIQ Smartscapes LLC, Intel Corporation and Smart City Media are based in North America. The connected things market in developing regions, such as APEJ, Latin America, and parts of Africa, is characterized by the adoption of advanced technology for enhanced connectivity and mobility in various smart city segment including smart city kiosk. Rising disposable incomes in countries in the regions mentioned above is likely to increase the scope of penetration of smart city kiosk in these regions in the near future.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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