Interactive Kiosk Market – New Procurement Research Report by SpendEdge

10/06/17 11:15 AM EDT

Interactive Kiosk Market – New Procurement Research Report by SpendEdge

Global procurement market intelligence advisory firm, SpendEdge , has announced the release of their ‘ Interactive Kiosk Procurement Research Report .' The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the IT industry . This report breaks down the data and analysis behind the procurement of interactive kiosk and acts as an all-inclusive guide for making smart purchasing decisions.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171006005413/en/

Global Interactive Kiosk Procurement Market Intelligence Report (Graphic: Business Wire)

Global Interactive Kiosk Procurement Market Intelligence Report (Graphic: Business Wire)

“The global interactive kiosk market is driven by the measures being taken by businesses to enhance customer experience,” says SpendEdge procurement research analyst A Kowshik. “Suppliers are increasingly leveraging wireless technologies to minimize the procurement costs of kiosks and offer value-add services,” added Kowshik.

Key Report Features

Supply Market Insights       Negotiation Strategies
Procurement Best Practices       Category Risk Analysis
Cost Saving Opportunities       Key Supplier Analysis

Pricing Models

      Supplier Capability Matrix
     

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Report Insights

  • The retail sector is the primary user of interactive kiosks. The resurgence in the US retail sector and the growth of organized retail in APAC are expected to fuel the retail sector during the forecast period and drive the demand for interactive kiosks. The other sectors, which extensively use the interactive kiosk are healthcare, financial services, and entertainment.
  • Purchasing managers must undertake a technology and economic feasibility study. An economic feasibility study helps purchasing manager to ascertain the total cost of ownership of procurement. This enables them to assess the economic viability of the deployment and helps to arrive at a comprehensive plan for mitigating the costs.
  • During the procurement of kiosks, purchasing managers often get overly concerned with the hardware and software costs and might fail to account for all the other associated costs. These costs can have a major impact down the line and negate any gains incurred from low software and hardware costs.

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Interactive Kiosk Pricing Trends

The unit-based pricing is one of the most widely accepted pricing models in the global interactive kiosk market. It enables purchasing managers to gain ownership for relatively low upfront costs and can make an informed decision. Further, it also provides them the freedom to add units as and when the needs arise as the price stays the same for a considerable period.

The cost-plus pricing is more likely to gain high adoption level in the forecast period. It enables purchasing managers to have greater control over customizing the kiosk according to their unique needs. This pricing model results in greater value for money as purchasing managers do not pay for unnecessary features and can have them removed.

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About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.

SpendEdge
Shilpa Balakrishnan
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