May 28, 2024
The photo booth kiosk market is projected to reach $8.14 billion by 2031, according to a SNS Insider report. The report reveals that the photo booth kiosk market was previously valued at $3.85 billion in 2023 and is expected to grow at a CAGR of 9.8% during the forecast period of 2024-2031.
This robust growth is primarily driven by the rising demand for interactive self-service photo booth experiences at events such as weddings, reunions, corporate functions and other parties and festivals. Additionally, retail stores, malls and entertainment venues are increasingly adopting photo booth kiosks, which further drives market expansion.
Key players include:
KIOSK Information Systems is a world leader in self-service solutions because of its long history delivering proven expertise in design engineering and manufacturing, application development, integration, and comprehensive support services.