Vending

Self-service tech to hit $76.78B by 2030, ATMs to dominate market

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October 27, 2022

The self-service technology market will grow from $33.10 billion in 2021 to $76.78 billion by 2030, according to a press release from Prescient & Strategic Intelligence. It will grow at a compound annual growth rate of 9.8% during the forecasted period. ATMs currently hold the largest market share and will continue to hold it due to cash requirements, according to the release.

Key findings include:

• Retail to generate 34% of revenue.
• Vending machines will see growth.
• Interactive kiosks will fuel demand.
• The Asia-Pacific region will continue to dominate the market.