Kiosk Solutions Apr-May 2016 | Page 40

kiosk software Industry Shift If, as one might expect, larger organisations are a mature kiosk market (see ‘maturity’ in the above diagram) particularly in developed economies, the potential growth of that area is limited. Fortunately for the UK, in particular, there is an as yet untapped market for kiosk growth. Small and medium sized businesses make up 99.9 per cent of the UK’s private sector. In particular, small business, sized at 49 employees or less, comprise 99.3 per cent of all private sector business in the UK. The increased accessibility of kiosks benefits these small and medium-sized companies the most, allowing them to gain access to the technology without paying premium costs. Robust systems with external devices for payment processing can be purchased, configured and deployed for only a fraction of previous prices, opening the door for those who need one or two devices to take advantage of the technology. The fact that the majority of small and mediumsized businesses now operate their own websites mean that an application already exists, and can be easily modified for public facing deployment on an interactive kiosk. 40 KIOSK solutions Emerging Markets In established economic environments, the opportunity for growth in the kiosk market is primarily in this area. There are also many countries that may have the technology, but have not seen a coordinating economic growth. As a result, those countries are also in the high growth potential portion of the chart, rather than the mature or declining area. While kiosks in general might be considered a mature market in certain economies, (the UK & US for example), tablet kiosks are a high growth market in every economy. Enterprise tablet adoption in general is still in a high growth phase and predictions show that the number could reach a billion worldwide by 2017. Penetration rates in developing economies will lag significantly, so tablet kiosks are at the high growth phase in established economies and are likely in the introduction stage for less established economies. Evolving Usage The entry of Mobile Device Management into the picture also changes the landscape, with kiosk usage being broader and expanding into new market opportunities. One such example is the Purposed Device. A Purposed Device is a more mobile kiosk – something retailers, sales reps, or employees can carry around, but still use in a specific, secured manner both with regard to kiosk software and kiosk hardware (mobile, transportable enclosures with card reader attachment and stationary docking stations). Purposed Devices, like tablet kiosks, are still nascent with regard to market penetration. Conclusion Like cars and phones, kiosks look very different from what they were 25 or 35 years ago. With continued iterations to incorporate new technologies, kiosks can become even more efficient, cost effective, mobile and useful. They can continue to evolve in saturated areas and expand into high growth markets. Kiosks have never been as affordable, scalable and accessible as they are today and they are most certainly still growing in market penetration. www.kioware.com