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<strong>Self</strong> <strong>Service</strong> <strong>Technology</strong> <strong>Market</strong><br />
including fingerprint recognition, voice recognition has helped consumers to do their<br />
financial transaction securely.<br />
ATM segment dominated the self service technology market with over 70% share of<br />
total revenue in 2015. Emergence of biometric security service technology is expected<br />
to flourish the demand of this segment in the years to come. Kiosks segment is<br />
expected to exhibit impulse growth in the forecast period due to emergence of digital<br />
kiosks which are more user-friendly. Increasing demand for cashless payment systems<br />
is expected to prompt the demand for vending machine segments.<br />
North America was the largest market for self service technology due to the high<br />
technology adoption rate. Emergence of new business models is expected to exhibit<br />
stable growth in North American self service technology market. Rising urbanization<br />
across countries like China and India with exponential growth in the banking sector is<br />
projected to witness considerable growth over the forecast period in Asia Pacific region.
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