The India self-service technology market is anticipated to grow at a significant CAGR of 8.9% during the forecast period (2020-2026). The self-service technologies such as ATM and Kiosks are registering explicit growth in India for the last few decades. Additionally, various service sectors across the country are successfully deploying various self-service technologies to aid their customers with the instance and hassle-free services at less operation cost. This, in turn, is expected to considerably fuel the growth of the Indian self-service technology industry. Moreover, the increasing urbanization activities coupled with the stable economic growth is also fuelling the Indian self-service technology market.
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Furthermore, the penetration of self-service technology is also moderate across the ruler areas of the county in the form of internet banking, railway ticket reservation. This penetration among rural areas of the country is anticipated to grow significantly in the coming years, hence driving the growth of the market. In addition to this, the growth of the information technology and telecommunication sector of the country since the last few decades is also boosting the market. Additionally, the increasing literacy rate across the country will also aid in the increasing adoption of self-service technologies during the forecast period.
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• Market numbers available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- (By Type of Machine, By End-User)
• Competitive Landscape-Beta Automations, CMS Info Systems Pvt. Ltd., Hitachi Payment Services Pvt. Ltd., Oxigen Services (India) Pvt. Ltd.
Key questions addressed by the report
• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Indian Self Service Technology Market Report Segment
By Type of Machine
• Vending Machines
• Beta Automations
• CMS Info Systems Pvt. Ltd.
• Future Techniks India Pvt. Ltd.
• Hitachi Payment Services Pvt. Ltd.
• InnovoSoft Technologies Pvt Ltd.
• Oxigen Services (India) Pvt. Ltd.
• XIPHIAS Software Technologies Pvt. Ltd.
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