Global Photo Kiosk Market - Market Analysis 2015-2019
Market outlook of the global photo kiosk market
A photo kiosk is a computerized self-service terminal that is placed in public places like retail stores, airports, hotel lobbies, medical centers, and airports. As photo kiosks account for a significant share of the total physical copies taken globally per year, its market is estimated to reach close to USD 1.5 billion by 2019.
In this market research report, Technavios analyst has estimated factors like customized gift printing to impel market growth during the forecast period. Photo kiosks allow users to design and create gifts, calendars, and photo albums according to their preference. The ability of these kiosks to create customizable gifts is a major factor that is expected to bolster market growth during the forecast period.
Competitive landscape and key vendors
This market is highly competitive and contains numerous regional and global players. These vendors compete on the basis of machine interface and services offered to gain traction in the market.
Leading companies in this market are -
Other prominent vendors are Carrefour, CVS, Leonard Pharmacy, Photo-Me International, Pixels Plus, Tesco, the Boots Company, and the Jean Coutu Group.
End-user segmentation of the photo kiosk market
Technavios market research analysts have estimated the retail stores segment to account for more than 51% of the total market share by 2019. This segments high dominion of the market can be attributed to factors like its high footfall in locations like retail bookstores, electronic stores, grocery stores, and convenience stores.
Geographical segmentation of the photo kiosk market
The Americas are expected to dominate the global market for photo kiosks followed by the EMEA and the APAC regions. The augmented demand for photo kiosks from industries like retail, entertainment, travel, and healthcare is expected to result in this regions high market dominance during the forecast period.
Key questions answered in the report include
What will the market size and the growth rate be in 2019
What are the key factors driving the global photo kiosk market
What are the key market trends impacting the growth of the global photo kiosk market
What are the challenges to market growth
Who are the key vendors in the global photo kiosk market
What are the market opportunities and threats faced by the vendors in the global photo kiosk market
Trending factors influencing the market shares of APAC, EMEA, and the Americas
What are the key outcomes of the five forces analysis of the global photo kiosk market
Technavio also offers customization on reports based on specific client requirement.
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Technavio Announces the Publication of its Research Report Global Photo Kiosk Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Photo Kiosk Market: Costco, Rite Aid, Target, Walgreens and Walmart
Other Prominent Vendors in the market are: Carrefour, CVS, Leonard Pharmacy, Photo-Me International, Pixels Plus, Tesco, the Boots Company, and the Jean Coutu Group.
Commenting on the report, an analyst from Technavios team said: The market has witnessed a rise in the number of online channels that offer end-users the option to order physical copies of pictures or videos from vendors' online or mobile platforms.
According to the report, the instant service provided by photo kiosks is one of the major drivers of market growth. End-users receive instant copies of photos transferred from their mobile devices or selected directly from a kiosk, instead of having to wait for film to be developed. Customized gift printing also contributes to market growth, as users can create customized gifts such as greeting cards, calendars, and photo albums using photo kiosks.
Further, the report states that buying behavior toward photo printers has been witnessing a paradigm shift, with many consumers considering the machines to be a household commodity. Users are more inclined to purchase a home photo printer, as it offers the convenience of printing at any time.
Costco, Rite Aid, Target, Walgreens, Walmart, Carrefour, CVS, Leonard Pharmacy, Photo-Me International, Pixels Plus, Tesco, the Boots Company, the Jean Coutu Group.
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